v3.26.1
Note 13 - Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Interest expense limitations $ 104,548 $ 94,623
Net operating loss carryforwards 34,355 28,360
Stock-based compensation 3,383 3,322
Other 0 44
Less: Valuation allowance 0 0
Deferred tax assets 142,286 126,349
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) 0
Deferred tax liabilities (370,719) (365,985)
Net deferred tax liabilities $ (228,433) $ (239,636)