Consolidated balance sheets - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 14,697	$ 40,179
Accounts receivable, net	227,747	299,698
Derivatives	149,332	101,474
Other current assets	29,276	25,205
Total current assets	421,052	466,556
Oil and natural gas properties, full cost method:
Evaluated properties	14,429,480	13,587,040
Unevaluated properties not being depleted	132,800	242,792
Less: accumulated depletion and impairment	(10,509,728)	(8,966,200)
Oil and natural gas properties, net	4,052,552	4,863,632
Midstream and other fixed assets, net	121,050	134,265
Property and equipment, net	4,173,602	4,997,897
Derivatives	20,960	34,564
Operating lease right-of-use assets	65,669	104,329
Deferred income taxes	5,971	239,685
Other noncurrent assets, net	29,878	35,915
Total assets	4,717,132	5,878,946
Current liabilities:
Accounts payable and accrued liabilities	195,566	185,115
Accrued capital expenditures	93,390	95,593
Undistributed revenue and royalties	142,799	187,563
Operating lease liabilities	28,087	73,143
Other current liabilities	81,637	59,725
Total current liabilities	541,479	601,139
Long-term debt, net	2,282,320	2,454,242
Derivatives	25,837	5,814
Asset retirement obligations	76,040	82,941
Operating lease liabilities	29,218	26,733
Other noncurrent liabilities	6,020	7,506
Total liabilities	2,960,914	3,178,375
Commitments and contingencies
Stockholders' equity:
Preferred stock, $0.01 par value, 50,000,000 shares authorized and zero issued and outstanding as of September 30, 2025 and December 31, 2024	0	0
Common stock, $0.01 par value, 80,000,000 shares authorized, and 38,690,302 and 38,144,248 issued and outstanding as of September 30, 2025 and December 31, 2024, respectively	387	381
Additional paid-in capital	3,833,813	3,823,241
Accumulated deficit	(2,077,982)	(1,123,051)
Total stockholders' equity	1,756,218	2,700,571
Total liabilities and stockholders' equity	$ 4,717,132	$ 5,878,946