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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 247,558 $ 260,049
Accounts receivable 157,870 147,901
Drilling advances 656 2,275
Other current assets 891 599
Total current assets 406,975 410,824
PROPERTY, PLANT AND EQUIPMENT    
Oil and natural gas properties 4,549,181 4,403,210
Other 28,702 18,716
Accumulated depreciation, depletion and amortization (2,221,761) (2,115,892)
Total property, plant and equipment, net 2,356,122 2,306,034
OTHER ASSETS    
Deferred financing costs, net 6,661 7,022
Deferred tax assets 65,758 77,637
Other long-term assets 33,098 19,318
Total other assets 105,517 103,977
TOTAL ASSETS 2,868,614 2,820,835
CURRENT LIABILITIES    
Accounts payable 172,396 181,073
Other current liabilities (Note 6) 132,721 109,188
Total current liabilities 305,117 290,261
LONG-TERM LIABILITIES    
Long-term debt, net 392,700 392,513
Asset retirement obligations, net of current 163,126 161,295
Other long-term liabilities 18,347 9,440
Total long-term liabilities 574,173 563,248
COMMITMENTS AND CONTINGENCIES (Note 8)
EQUITY    
Additional paid-in capital 1,878,837 1,880,243
Treasury Stock, at cost, 40,958 shares and 38,808 shares in 2025 and 2024, respectively (773,673) (721,279)
Retained earnings 828,607 754,591
Noncontrolling interest 55,529 53,747
Total equity 1,989,324 1,967,326
TOTAL LIABILITIES AND EQUITY 2,868,614 2,820,835
Class A Common Stock    
EQUITY    
Common stock 23 23
Class B Common Stock    
EQUITY    
Common stock $ 1 $ 1