Quarterly report [Sections 13 or 15(d)]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2026
Accounting Policies [Abstract]  
Schedule of Accounts Payable and Accrued Liabilities
Accounts payable and accrued liabilities consisted of the following (in thousands):
March 31, 2026 December 31, 2025
Revenue payable and suspense $ 171,068  $ 157,532 
Accounts payable 67,639  53,107 
Accrued transportation, gathering, processing and compression 34,873  38,544 
Accrued capital expenditures 54,981  30,873 
Other accrued liabilities 40,733  62,326 
Total accounts payable and accrued liabilities $ 369,294  $ 342,382 
Schedule of Cash Flow, Supplemental Disclosures
Supplemental Cash Flow and Non-Cash Information (in thousands)
Three Months Ended March 31, 2026 Three Months Ended March 31, 2025
Supplemental disclosure of cash flow information:
Interest payments, net of amounts capitalized $ 24,994  $ 21,059 
Changes in operating assets and liabilities, net:
Accounts receivable - oil, natural gas and natural gas liquid sales $ 55,662  $ (2,118)
Accounts receivable - joint interest and other (284) (20)
Accounts payable and accrued liabilities (10,007) (27,674)
Prepaid expenses 1,493  485 
Other assets (30) (33)
Total changes in operating assets and liabilities, net $ 46,834  $ (29,360)
Supplemental disclosure of non-cash transactions:
Capitalized stock-based compensation $ 97  $ 1,498 
Asset retirement obligation capitalized 243  53 
Asset retirement obligation removed due to settlements (74) (815)