Note 5 - Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2026

Notes Tables

Derivative Instruments, Gain (Loss) [Table Text Block]

		Three Months Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025

Noncash derivative gain (loss), net		$	108,154			$	19,034			$	(31,400	)		$	14,178
Cash (payments) receipts on settled derivatives, net			(54,728	)			7,412				(72,201	)			4,341
Derivative gain (loss), net		$	53,426			$	26,446			$	(103,601	)		$	18,519

Schedule of Price Risk Derivatives [Table Text Block]

Settlement Month		Settlement Year		Type of Contract		Bbls Per Day				Index		Swap Price per Bbl				Costless Collar Floor Price per Bbl				Costless Collar Ceiling Price per Bbl
Crude Oil:
Jul – Sep		2026		Costless Collar			13,000			WTI Cushing		$	—			$	61.38			$	69.39
Jul – Sep		2026		Swap			5,000			WTI Cushing		$	63.45			$	—			$	—
Jul – Sep		2026		Roll Swap			26,011			NYMEX WTI Roll		$	4.30							$	—
Jul – Sep		2026		Basis Swap			23,000			Argus WTI Midland		$	1.37			$	—			$	—
Oct – Dec		2026		Costless Collar			10,800			WTI Cushing		$	—			$	61.67			$	68.52
Oct – Dec		2026		Swap			5,000			WTI Cushing		$	63.45			$	—			$	—
Oct – Dec		2026		Roll Swap			25,000			NYMEX WTI Roll		$	4.23			$	—			$	—
Oct – Dec		2026		Basis Swap			23,000			Argus WTI Midland		$	1.37			$	—			$	—
Jan – Mar		2027		Costless Collar			8,900			WTI Cushing		$	—			$	59.78			$	65.24
Jan – Mar		2027		Swap			4,400			WTI Cushing		$	62.14			$	—			$	—
Jan – Mar		2027		Basis Swap			10,000			Argus WTI Midland		$	1.00			$	—			$	—
Apr – Jun		2027		Costless Collar			4,000			WTI Cushing		$	—			$	52.00			$	62.85
Apr – Jun		2027		Swap			6,470			WTI Cushing		$	59.61			$	—			$	—
Apr – Jun		2027		Basis Swap			10,000			Argus WTI Midland		$	1.00			$	—			$	—
Jul – Sep		2027		Swap			8,950			WTI Cushing		$	61.46			$	—			$	—
Jul – Sep		2027		Basis Swap			10,000			Argus WTI Midland		$	1.00			$	—			$	—
Oct – Dec		2027		Swap			7,500			WTI Cushing		$	70.42			$	—			$	—
Oct – Dec		2027		Basis Swap			10,000			Argus WTI Midland		$	1.00			$	—			$	—

Settlement Month		Settlement Year		Type of Contract		MMBtu Per Day				Index		Price per MMBtu
Natural Gas:
Jul – Sep		2026		Swap			30,000			HH		$	4.300
Oct – Dec		2026		Swap			30,000			HH		$	4.300
Oct – Dec		2026		Basis Swap			15,000			WAHA		$	(1.667	)
Jan – Mar		2027		Swap			19,667			HH		$	4.300
Jan – Mar		2027		Basis Swap			15,000			WAHA		$	(1.525	)
Apr – Jun		2027		Basis Swap			15,000			WAHA		$	(1.525	)
Jul – Sep		2027		Basis Swap			15,000			WAHA		$	(1.525	)
Oct – Dec		2027		Basis Swap			15,000			WAHA		$	(1.525	)

Schedule of Derivative Assets and Liabilities By Counterparty [Table Text Block]

		As of June 30, 2026
J. Aron & Company LLC		$	21,330
Macquarie Bank Limited			(2,295	)
Mercuria Energy Trading SA			(3,977	)
Fifth Third Bank, National Association			(13,427	)
		$	1,631