v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current assets:    
Restricted cash   $ 210,000
Accounts receivable $ 25,739 33,773
Accrued revenue 427,407 473,453
Derivative instruments 293,308 68,913
Prepaid expenses 11,810 14,554
Current assets held for sale   20,269
Other current assets 6,846 10,818
Total current assets 765,110 831,780
Oil and gas properties, at cost (successful efforts method):    
Unproved properties 1,134,012 796,705
Proved properties 17,538,866 14,049,003
Other property and equipment 140,178 113,020
Property and equipment, gross 18,813,056 14,958,728
Less accumulated depletion, depreciation and amortization (6,323,760) (5,753,416)
Property and equipment, net 12,489,296 9,205,312
Operating leases right-of-use assets 1,875,398 2,132,509
Derivative instruments 11,680 12,524
Investment in unconsolidated affiliate 348,005 245,653
Assets held for sale   754,737
Other assets 90,002 62,892
Total assets 15,579,491 13,245,407
Current liabilities:    
Accrued liabilities 318,441 338,847
Revenue distributions payable 445,798 384,777
Commercial paper 451,000  
Derivative instruments 1,192  
Short-term lease liabilities 517,276 516,256
Deferred revenue, VPP 17,869 23,502
Current liabilities held for sale   62,310
Other current liabilities 15,688 26,653
Total current liabilities 1,945,051 1,503,313
Long-term liabilities:    
Long-term debt 2,330,812 1,397,976
Deferred income tax liability, net 1,220,991 907,306
Derivative instruments 20,214  
Long-term lease liabilities 1,353,877 1,612,288
Deferred revenue, VPP   11,946
Liabilities held for sale   39,789
Other liabilities 67,149 57,140
Total liabilities 6,938,094 5,529,758
Commitments and contingencies
Equity:    
Preferred stock, $0.01 par value; authorized - 50,000 shares; none issued
Common stock, $0.01 par value; authorized - 1,000,000 shares; 308,510 and 307,125 shares issued and outstanding as of December 31, 2025 and September 30, 2026, respectively 3,072 3,085
Additional paid-in capital 5,816,691 5,865,447
Retained earnings 2,821,634 1,682,295
Total stockholders' equity 8,641,397 7,550,827
Noncontrolling interests   164,822
Total equity 8,641,397 7,715,649
Total liabilities and equity 15,579,491 13,245,407
Nonrelated Party    
Current liabilities:    
Accounts payable 59,169 49,514
Affiliated Entity    
Current liabilities:    
Accounts payable $ 118,618 $ 101,454