v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:        
Net income $ 30,871 $ 12,347 $ 60,008 $ 29,989
Adjustments to reconcile net income to net cash provided by operating activities:        
Depreciation, depletion and amortization 15,820 14,709 36,727 31,468
Amortization of operating lease right-of-use asset     104 83
Changes in operating assets and liabilities:        
Accounts receivable     (2,667) 2,330
Net profits interest receivable - related party     (9,474) (664)
Prepaid expenses and other current assets     (256) 269
Accounts payable and other current liabilities     3,310 1,112
Operating lease liability     (138) (133)
Net cash provided by operating activities     88,126 63,916
Cash flows provided by investing activities:        
Net cash contributed in acquisitions of oil and natural gas properties     4,008 2,028
Cash flows used in financing activities:        
Distributions paid to General Partner and unitholders     (61,571) (71,938)
Increase (decrease) in cash and cash equivalents     30,563 (5,994)
Cash and cash equivalents at beginning of period     41,937 42,508
Cash and cash equivalents at end of period $ 72,500 $ 36,514 $ 72,500 $ 36,514