v3.26.1
Consolidated Income Statements (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating revenues        
Operating revenues $ 56,075 $ 32,395 $ 114,950 $ 75,559
Costs and expenses        
Operating, including production taxes 5,620 2,517 10,187 6,964
Depreciation, depletion and amortization 15,820 14,709 36,727 31,468
Total costs and expenses 25,204 20,048 54,942 45,570
Net income 30,871 12,347 60,008 29,989
Allocation of net income        
General Partner 1,037 442 1,914 1,074
Unitholders $ 29,834 $ 11,905 $ 58,094 $ 28,915
Net income per common unit (basic and diluted) (in dollars per share) $ 0.62 $ 0.25 $ 1.2 $ 0.61
Weighted average basic and diluted common units outstanding (in shares) 48,256 47,340 48,256 47,340
Nonrelated Party [Member]        
Costs and expenses        
General and administrative expenses $ 868 $ 315 $ 2,129 $ 1,694
Related Party [Member]        
Costs and expenses        
General and administrative expenses 2,896 2,507 5,899 5,444
Royalties [Member]        
Operating revenues        
Operating revenues 43,900 24,432 84,865 62,262
Net Profit Interests [Member]        
Operating revenues        
Operating revenues 9,585 3,794 26,114 8,587
Lease Bonus [Member]        
Operating revenues        
Operating revenues 1,233 3,696 2,082 3,807
Other Revenue [Member]        
Operating revenues        
Operating revenues $ 1,357 $ 473 $ 1,889 $ 903