v3.26.3
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Revenue and Other Operating Income:        
Gain on Commodity Derivative Instruments $ 160,563 $ 131,695 $ 340,880 $ 24,596
Other Revenue and Operating Income 42,499 42,129 130,699 135,956
Total Revenue and Other Operating Income 580,004 583,840 1,985,142 1,628,650
Operating Expense        
Lease Operating Expense 23,839 27,127 66,871 76,715
Production, Ad Valorem and Other Fees 6,669 7,725 22,004 24,666
Depreciation, Depletion and Amortization 134,645 149,323 405,490 428,979
Purchased Gas Costs 5,250 8,455 29,752 29,066
Selling, General, and Administrative Costs 34,768 30,375 100,850 98,456
Other Operating Expense 19,262 19,178 39,251 54,273
Total Operating Expense 320,763 340,892 973,100 1,006,829
Other Expense (Income)        
Other Expense 3,981 1,752 5,674 9,429
Gain on Asset Sales and Abandonments, net (3,515) (67,460) (9,255) (94,759)
Loss on Debt Extinguishment 0 0 12,009 0
Interest Expense 39,588 42,964 119,081 128,616
Total Other Expense (Income) 40,054 (22,744) 127,509 43,286
Total Costs and Expenses 360,817 318,148 1,100,609 1,050,115
Income Before Income Tax 219,187 265,692 884,533 578,535
Income Tax Expense 53,948 63,589 168,204 141,625
Net Income $ 165,239 $ 202,103 $ 716,329 $ 436,910
Earnings per Share        
Basic (in usd per share) $ 1.13 $ 1.45 $ 4.92 $ 3.05
Diluted (in usd per share) 1.12 1.21 4.70 2.57
Dividends Declared (in usd per share) $ 0 $ 0 $ 0 $ 0
Natural Gas, NGLs and Oil Revenue        
Revenue and Other Operating Income:        
Revenues $ 372,516 $ 400,990 $ 1,483,994 $ 1,437,113
Purchased Gas Revenue        
Revenue and Other Operating Income:        
Revenues 4,426 9,026 29,569 30,985
Transportation, Gathering and Compression        
Operating Expense        
Transportation, Gathering and Compression and Exploration and Production Related Other Costs 94,632 97,053 300,257 289,165
Exploration and Production Related Other Costs        
Operating Expense        
Transportation, Gathering and Compression and Exploration and Production Related Other Costs $ 1,698 $ 1,656 $ 8,625 $ 5,509