Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Current assets
Cash	$ 15,314	$ 23,033
Restricted cash	64,163	71,709
Accounts receivable
Oil and natural gas revenues	286,158	331,590
Joint interest billings	140,043	260,555
Other	103,628	62,584
Derivative instruments	34,052	15,968
Lease and well equipment inventory	43,842	38,469
Prepaid expenses and other current assets	129,368	123,437
Total current assets	816,568	927,345
Property and equipment, at cost
Less accumulated depletion, depreciation and amortization	(7,395,142)	(6,203,263)
Net property and equipment	10,731,298	9,764,096
Other assets
Other long-term assets	162,703	158,668
Total assets	11,710,569	10,850,109
Current liabilities
Accounts payable and accrued liabilities	540,620	619,167
Royalties payable	351,062	227,865
Advances from joint interest owners	64,169	83,338
Other current liabilities	75,658	64,987
Total current liabilities	1,031,509	995,357
Long-term liabilities
Borrowings under Credit Agreement	398,000	595,500
Borrowings under San Mateo Credit Facility	883,000	615,000
Senior unsecured notes payable	2,121,102	2,114,908
Asset retirement obligations	144,063	114,237
Deferred income taxes	1,015,931	847,666
Other long-term liabilities	120,312	110,009
Total long-term liabilities	4,682,408	4,397,320
Commitments and contingencies (Note 14)
Shareholders' equity
Common stock — $0.01 par value, 160,000,000 shares authorized; 124,409,739 and 125,101,268 shares issued; and 124,262,322 and 125,048,396 shares outstanding, respectively	1,244	1,251
Additional paid-in capital	2,509,118	2,533,247
Retained earnings	3,153,112	2,556,987
Treasury stock, at cost, 147,417 and 52,872 shares, respectively	(5,333)	(2,336)
Total shareholders' equity	5,658,141	5,089,149
Non-controlling interest in subsidiaries	338,511	368,283
Total shareholders’ equity	5,996,652	5,457,432
Total liabilities and shareholders’ equity	11,710,569	10,850,109
Evaluated
Property and equipment, at cost
Gross property and equipment	14,286,726	12,534,290
Unproved and unevaluated
Property and equipment, at cost
Gross property and equipment	1,823,456	1,702,203
Midstream properties
Property and equipment, at cost
Gross property and equipment	1,963,059	1,683,334
Less accumulated depletion, depreciation and amortization	(264,938)	(211,048)
Net property and equipment	1,698,121	1,472,286
Other property and equipment
Property and equipment, at cost
Gross property and equipment	53,199	47,532
Less accumulated depletion, depreciation and amortization	(36,936)	(32,370)
Net property and equipment	$ 16,263	$ 15,162