CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Revenues | ||||
| Revenue from Contract with Customer, Product and Service [Extensible Enumeration] | Oil and Gas Sales, Other Revenues | Oil and Gas Sales, Other Revenues | Oil and Gas Sales, Other Revenues | Oil and Gas Sales, Other Revenues |
| Gain (Loss) on Commodity Derivatives, Net | $ 70,182 | $ 128,819 | $ (468,874) | $ 150,581 |
| Total Revenues | 745,235 | 706,809 | 750,264 | 1,308,908 |
| Operating Expenses | ||||
| Production Expenses | 127,089 | 121,430 | 256,836 | 235,470 |
| Production Taxes | 45,699 | 35,616 | 84,042 | 71,685 |
| General and Administrative Expenses | 24,529 | 15,628 | 47,703 | 30,109 |
| Legal Settlement Expense | 0 | 33,091 | 0 | 33,091 |
| Depletion, Depreciation, Amortization and Accretion | 192,885 | 205,741 | 389,983 | 411,432 |
| Impairment of Oil and Gas Assets | 0 | 115,576 | 268,276 | 115,576 |
| Other Expenses | 2,496 | 3,561 | 5,771 | 6,098 |
| Total Operating Expenses | 392,698 | 530,643 | 1,052,611 | 903,461 |
| Income (Loss) From Operations | 352,537 | 176,166 | (302,347) | 405,447 |
| Other Income (Expense) | ||||
| Interest Expense, Net | (41,442) | (44,389) | (84,027) | (87,739) |
| Gain (Loss) on Unsettled Interest Rate Derivatives, Net | 1,474 | 1 | 3,040 | (143) |
| Loss on Foreign Currency Transactions | (4,655) | 0 | (4,655) | 0 |
| Loss on Extinguishment of Debt | 0 | 0 | (14) | 0 |
| Gain on Contingent Consideration | 2,682 | 0 | 2,682 | 0 |
| Total Other Expense, Net | (41,941) | (44,388) | (82,974) | (87,882) |
| Income (Loss) Before Income Taxes | 310,596 | 131,778 | (385,321) | 317,565 |
| Income Tax Expense (Benefit) | 73,968 | 32,193 | (99,102) | 78,998 |
| Net Income (Loss) | 236,628 | 99,585 | (286,219) | 238,567 |
| Net Income (Loss) Attributable to Common Stockholders | $ 236,628 | $ 99,585 | $ (286,219) | $ 238,567 |
| Net Income (Loss) Per Common Share – Basic (in dollars per share) | $ 2.24 | $ 1.02 | $ (2.80) | $ 2.43 |
| Net Income (Loss) Per Common Share – Diluted (in dollars per share) | $ 2.19 | $ 1.00 | $ (2.80) | $ 2.39 |
| Weighted Average Common Shares Outstanding – Basic (in shares) | 105,871,269 | 98,060,407 | 102,207,355 | 98,308,686 |
| Weighted Average Common Shares Outstanding – Diluted (in shares) | 108,091,366 | 99,394,539 | 102,207,355 | 99,692,134 |
| Oil and Gas Sales | ||||
| Revenues | ||||
| Oil and Gas Sales | $ 670,796 | $ 574,369 | $ 1,210,651 | $ 1,151,321 |
| Other Revenues | ||||
| Revenues | ||||
| Oil and Gas Sales | $ 4,257 | $ 3,621 | $ 8,487 | $ 7,006 |
| X | ||||||||||
- Definition Derivative, Gain (Loss) On Derivative, Commodity Contracts, Net No definition available.
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- Definition Derivative, Gain (Loss) On Derivative, Net, Unsettled Interest Rate Derivative No definition available.
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- Definition Amount of increase (decrease) in value of liability in contingent consideration arrangement in business combination, including, but not limited to, difference arising upon settlement. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Total costs of sales and operating expenses for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, before tax, of realized and unrealized gain (loss) from foreign currency transaction. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Reflects the difference between the fair value of payments made to legally extinguish a debt and its carrying value at that time. This item excludes the write-off of amounts previously capitalized as debt issuance costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of impairment loss for oil and gas properties with proved and unproved reserves in oil- and gas-producing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense classified as nonoperating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of litigation expense, including but not limited to legal, forensic, accounting, and investigative fees. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- References No definition available.
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| X | ||||||||||
- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of expense classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition A tax assessed on oil and gas production. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of depreciation, depletion, amortization, and accretion charged to expense in oil- and gas-producing activities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Indicates product and service for revenue from satisfaction of performance obligation by transferring promised product and service to customer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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| X | ||||||||||
- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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