v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 13,229,000 $ 28,989,000
Accounts receivable 8,637,000 10,176,000
Short-term derivative asset 8,532,000 5,349,000
Other current assets 2,150,000 1,410,000
Total current assets 32,548,000 45,924,000
Natural gas and oil mineral interests, net - successful efforts method 477,633,000 460,586,000
Other property and equipment, net 215,000 275,000
Other assets 7,892,000 353,000
Total assets 518,288,000 507,138,000
Current liabilities:    
Accounts payable 9,020,000 1,177,000
Accrued liabilities 3,300,000 1,158,000
Accrued dividends 0 7,516,000
Senior notes, current portion 0 6,275,000
Earnout liability, current portion 10,841,000 0
Operating lease liabilities, current portion 179,000 176,000
Total current liabilities 23,340,000 16,302,000
Senior notes, net of unamortized debt issuance costs 68,070,000 227,985,000
Deferred tax liability 0 21,329,000
Operating lease liabilities, net of current portion 31,000 121,000
Earnout liability, net of current portion 15,076,000 0
Long-term derivative liability 801,000 4,669,000
Asset retirement obligation 329,000 316,000
Total liabilities 107,647,000 270,722,000
Commitments and contingencies (See Note 14)
Equity:    
Additional paid in capital 333,792,000 223,900,000
Accumulated deficit (55,299,000) (15,146,000)
Stockholders equity in WhiteHawk Minerals Corp. 278,493,000 208,754,000
Non-controlling interest 97,385,000 0
Total equity 375,878,000 208,754,000
Total liabilities, mezzanine equity and equity 518,288,000 507,138,000
Series B Preferred Stock    
Mezzanine equity:    
Series B Preferred stock, $0.0001 par value; 400,000 shares authorized; 46,483 and 35,524 issued and outstanding as of June 30, 2026 and December 31, 2025, respectively, redemption value $46,483 and $35,524, respectively 34,763,000 27,662,000
Common Class A    
Equity:    
Common Stock Value 0 0
Class T Common Stock    
Equity:    
Common Stock Value 0 0
Class I Common Stock    
Equity:    
Common Stock Value 0 0
Common Class B    
Equity:    
Common Stock Value $ 0 $ 0