Note 8 – Accounts Payable and Accrued Expenses
The Company’s accounts payable and accrued expenses consist of the following for the periods presented:
| |
|
June 30, 2026
|
|
|
December 31,
2025
|
|
| |
|
(In thousands)
|
|
|
Accounts payable:
|
|
|
|
|
|
|
|
Capital expenditures
|
|
$
|
39,144 |
|
|
$
|
26,692 |
|
|
Operating expenses
|
|
|
21,498 |
|
|
|
17,926 |
|
|
Total accounts payable
|
|
$
|
60,642 |
|
|
$
|
44,618 |
|
| |
|
|
|
|
|
|
|
|
|
Accrued expenses:
|
|
|
|
|
|
|
|
|
|
Accrued capital expenditures
|
|
$
|
6,010 |
|
|
$
|
6,021 |
|
|
Accrued operating expenses
|
|
|
4,368 |
|
|
|
3,796 |
|
|
Incentive compensation
|
|
|
3,907 |
|
|
|
6,153 |
|
|
Accrued hedge settlement payable
|
|
|
6,985 |
|
|
|
— |
|
|
Accrued interest and other
|
|
|
6,800 |
|
|
|
994 |
|
|
Outstanding disbursements
|
|
|
4,017 |
|
|
|
1,210 |
|
|
Total accrued expenses
|
|
$ |
32,087 |
|
|
$ |
18,174 |
|
| |
|
|
|
|
|
|
|
|
|
Accounts payable and accrued expenses
|
|
$
|
92,729 |
|
|
$
|
62,792 |
|
|