Quarterly report [Sections 13 or 15(d)]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.25.3
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
9 Months Ended
Sep. 30, 2025
Accounting Policies [Abstract]  
Schedule of Accounts Payable and Accrued Liabilities
Accounts payable and accrued liabilities consisted of the following (in thousands):
September 30, 2025 December 31, 2024
Revenue payable and suspense $ 143,505  $ 139,703 
Accounts payable 55,826  34,668 
Accrued transportation, gathering, processing and compression 43,121  36,170 
Accrued capital expenditures 20,616  20,229 
Other accrued liabilities 50,832  67,311 
Total accounts payable and accrued liabilities $ 313,900  $ 298,081 
Schedule of Supplemental Cash and Non Cash Information
Supplemental Cash Flow and Non-Cash Information (in thousands)
Nine Months Ended September 30, 2025 Nine Months Ended September 30, 2024
Supplemental disclosure of cash flow information:
Interest payments, net of amounts capitalized $ 46,385  $ 43,980 
Income taxes paid $ 2,400  $ — 
Changes in operating assets and liabilities, net:
Accounts receivable - oil, natural gas, and natural gas liquid sales $ 33,952  $ 33,548 
Accounts receivable - joint interest and other 817  7,947 
Accounts payable and accrued liabilities (17,612) (21,117)
Prepaid expenses (2,603) 850 
Other assets 19 
Total changes in operating assets and liabilities, net $ 14,555  $ 21,247 
Supplemental disclosure of non-cash transactions:
Capitalized stock-based compensation $ 4,554  $ 4,142 
Asset retirement obligation capitalized $ 520  $ 681 
Asset retirement obligation removed due to settlements $ (1,030) $ — 
Release of common stock held in reserve $ —  $ 1,996 
Unamortized 2026 Senior Notes debt issuance costs $ —  $ 447