v3.26.3
Basis of Presentation (Tables)
 9 Months Ended
Sep. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Segment Reporting Information, by Segment The following table presents selected financial information with respect to the Company’s single operating segment (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2026202520262025
Revenues
Oil$31,561 $22,415 $87,959 $58,251 
Natural gas9,275 8,517 32,174 29,938 
NGL13,580 8,890 35,177 28,768 
Total revenues54,416 39,822 155,310 116,957 
Expenses
Lease operating expenses11,049 10,911 32,138 28,384 
Production, ad valorem, and other taxes3,297 2,155 9,528 7,412 
Depreciation and depletion—oil and natural gas13,032 9,400 33,346 26,106 
Depreciation and amortization—other1,600 1,638 4,847 4,853 
General and administrative3,139 2,737 9,896 9,618 
Restructuring expenses176 305 308 757 
(Gain) loss on derivative contracts6,392 (2,364)5,696 (5,936)
Other operating (income) expense1 — 8 — 
Total expenses38,686 24,782 95,767 71,194 
Income (loss) from operations15,730 15,040 59,543 45,763 
Other income (expense)
Interest income (expense), net666 916 2,215 2,803 
Other income (expense), net1 (3)2 (6)
Total other income (expense)667 913 2,217 2,797 
Income (loss) before income taxes16,397 15,953 61,760 48,560 
Income tax (benefit)(14,218)— (14,218)— 
Net income (loss)$30,615 $15,953 $75,978 $48,560