v3.26.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
OPERATING ACTIVITIES    
Net Income (Loss) $ (45,653) $ 6,633
Adjustments to reconcile net (loss) income to net cash provided by operating activities, net of effects of assets acquired and liabilities assumed:    
Depreciation, depletion and amortization 77,032 66,810
Accretion of discount in asset retirement obligation 10,988 11,623
Derivative fair value loss (gain) 132,771 (15,668)
Net cash received from (paid to) derivative counterparties (59,435) 8,574
Non-cash incentive compensation 9,395 12,835
Gain on sale (1,403) 0
Other non-cash items 1,110 867
Changes in operating assets and liabilities (8,632) (5,939)
Cash Provided by Operating Activities 116,173 85,735
INVESTING ACTIVITIES    
Proceeds from sale of property and equipment 101,256 0
Proved property acquisitions (1,793) (268,850)
Development costs (63,657) (36,018)
Unproved property acquisitions (706) (66)
Other property and asset additions (1,101) (498)
Cash Provided by (Used by) Investing Activities 33,999 (305,432)
FINANCING ACTIVITIES    
Proceeds from long-term debt 86,000 360,500
Payments on long-term debt (106,000) (246,500)
Net proceeds from public offering 0 189,502
Proceeds from sale of units to cover withholding taxes 2,173 1,215
Withholding taxes paid on vesting of restricted units (2,120) (2,358)
Debt issuance costs (85) (2,429)
Hedge financing cost (2,126) 0
Payment of deferred acquisition cost (70,000) 0
Distributions (58,755) (82,230)
Cash (Used by) Provided by Financing Activities (150,913) 217,700
DECREASE IN CASH AND CASH EQUIVALENTS (741) (1,997)
Cash and Cash Equivalents, beginning of period 9,374 7,305
Cash and Cash Equivalents, end of period 8,633 5,308
Changes in Operating Assets and Liabilities    
Accounts receivable (11,591) (4,675)
Other current assets 2,151 (1,726)
Current liabilities 6,293 2,637
Other operating liabilities (5,485) (2,175)
Changes in operating assets and liabilities $ (8,632) $ (5,939)