Quarterly report [Sections 13 or 15(d)]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.26.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2026
Accounting Policies [Abstract]  
Schedule of Accounts Payable and Accrued Liabilities
Accounts Payable and Accrued Liabilities (in thousands):
June 30, 2026 December 31, 2025
Revenue payable and suspense $ 139,691  $ 157,532 
Accounts payable 65,061  53,107 
Accrued capital expenditures 73,892  30,873 
Accrued transportation, gathering, processing and compression 38,247  38,544 
Other accrued liabilities 50,130  62,326 
Total accounts payable and accrued liabilities $ 367,021  $ 342,382 
Schedule of Supplemental Cash and Non Cash Information
Supplemental Cash Flow and Non-Cash Information (in thousands):
Six Months Ended June 30, 2026 Six Months Ended June 30, 2025
Supplemental disclosure of cash flow information:
Interest payments, net of amounts capitalized $ 28,695  $ 23,191 
Income taxes paid $ 795  $ 2,400 
Changes in operating assets and liabilities, net:
Accounts receivable - oil, natural gas, and natural gas liquid sales $ 70,273  $ 27,328 
Accounts receivable - joint interest and other (4,361) (3,021)
Accounts payable and accrued liabilities (31,204) (17,329)
Prepaid expenses (1,033) (3,060)
Other assets (31) (41)
Total changes in operating assets and liabilities, net $ 33,644  $ 3,877 
Supplemental disclosure of non-cash transactions:
Capitalized stock-based compensation $ 1,422  $ 3,105 
Asset retirement obligation capitalized 372  222 
Asset retirement obligation removed due to settlements (74) (1,030)