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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
REVENUES    
Total revenues $ 350,300 $ 319,417
OPERATING EXPENSES    
Lease operating expenses 47,075 46,150
Gathering, transportation and processing 14,953 8,537
Taxes other than income 20,105 17,898
Exploration expenses 348 25
Asset retirement obligations accretion 1,556 1,618
Depreciation, depletion and amortization 105,853 97,076
General and administrative expenses 24,588 23,555
Total operating expenses 214,478 194,859
OPERATING INCOME 135,822 124,558
OTHER EXPENSE    
Interest expense, net (5,252) (2,312)
Other income (expense), net 1,215 (4,313)
Total other expense, net (4,037) (6,625)
INCOME BEFORE INCOME TAXES 131,785 117,933
Income tax expense 25,137 20,336
NET INCOME 106,648 97,597
LESS: Net income attributable to noncontrolling interest 3,721 12,511
NET INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK $ 102,927 $ 85,086
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING    
Basic (in shares) 188,653 182,368
Diluted (in shares) 188,664 182,424
Class A Common Stock    
NET INCOME PER SHARE OF CLASS A COMMON STOCK    
Basic (in dollars per share) $ 0.54 $ 0.46
Diluted (in dollars per share) $ 0.54 $ 0.46
Oil revenues    
REVENUES    
Total revenues $ 245,534 $ 259,182
Natural gas revenues    
REVENUES    
Total revenues 51,367 21,095
Natural gas liquids revenues    
REVENUES    
Total revenues $ 53,399 $ 39,140