v3.26.3
BUSINESS COMBINATIONS (Tables)
 9 Months Ended
Sep. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Preliminary Allocation of Acquisition
The preliminary allocation of the total purchase price for the Cardinal Acquisition is set forth below (in thousands). As of the date of this filing, the valuation of property, plant and equipment and intangible assets, as well as certain working capital adjustments in connection with the final settlement, remain ongoing and adjustments may be made. The Company expects to complete the final purchase price allocation during the 12-month period subsequent to the Cardinal Acquisition closing date.
Cash consideration$760,958 
Allocation of purchase price
Current assets14,233 
Property, plant and equipment431,350 
Intangible assets266,100 
Goodwill54,864 
Other long-term assets(1)
14,217 
Current liabilities(1)
(10,008)
Asset retirement obligations(237)
Other long-term liabilities(1)
$(9,561)
Net assets acquired$760,958 
_____________________
(1)Other long-term assets and other long-term liabilities represent lease balances, and current liabilities includes current lease liabilities of $4.7 million.
set forth below (in thousands).
Unproved and unevaluated$912,054 
Evaluated248,100 
Total oil and natural gas properties acquired$1,160,154