Note 13 - Income Taxes (Tables)

6 Months Ended

Jun. 30, 2026

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		Three Months Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
Current income tax expense:
Federal		$	—			$	—			$	—			$	—
State			—				—				—				—
Total current income tax expense			—				—				—				—
Deferred income tax expense (benefit):
Federal			15,612				7,262				(11,377	)			16,834
State			836				401				174				768
Deferred income tax expense (benefit)			16,448				7,663				(11,203	)			17,602
Total provision for income taxes		$	16,448			$	7,663			$	(11,203	)		$	17,602

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		Three Months Ended June 30,																Six Months Ended June 30,
		2026								2025								2026								2025
Income tax expense (benefit) at U.S. federal statutory rate		$	20,732				21	%		$	7,106				21	%		$	(11,839	)			21	%		$	16,824				21	%
State income tax, net of federal income tax effect (1)			836				1				401				1				174				—				768				1
Tax Credits			—				—				—				—				—				—				—				—
Changes in valuation allowances			—				—				—				—				—				—				—				—
Nontaxable or nondeductible items:
Limited tax benefit due to compensation			81				—				108				1				248				1				(4	)			—
Annualized loss limitation			(5,433	)			(5	)			—				—				—				—				—				—
Other			232				—				48				—				214				—				14				—
Changes in unrecognized tax benefits			—				—				—				—				—				—				—				—
Other, net			—				—				—				—				—				—				—				—
Income tax expense (benefit)		$	16,448				17	%		$	7,663				23	%		$	(11,203	)			20	%		$	17,602				22	%

Schedule of Income Taxes Paid [Table Text Block]

		Three Months Ended June 30,								Six Months Ended June 30,
		2026				2025				2026				2025
Federal		$	—			$	—			$	(230	)		$	—
State			(12	)			—				(12	)			—
Total income taxes paid		$	(12	)		$	—			$	(242	)		$	—

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		June 30, 2026				December 31, 2025
Deferred tax assets:
Interest expense limitations		$	104,548			$	94,623
Net operating loss carryforwards			34,355				28,360
Stock-based compensation			3,383				3,322
Other			—				44
Less: Valuation allowance			—				—
Deferred tax assets			142,286				126,349
Deferred tax liabilities:
Crude oil and natural gas properties, principally due to differences in basis and depreciation and the deduction of intangible drilling costs for tax purposes			(370,194	)			(358,853	)
Unrecognized derivative gains, net			(352	)			(7,132	)
Other			(173	)			—
Deferred tax liabilities			(370,719	)			(365,985	)
Net deferred tax liabilities		$	(228,433	)		$	(239,636	)