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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income (loss) $ 187,332 $ 381,915 $ (182,952)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities      
Depreciation, depletion, amortization and accretion expense 749,686 470,625 454,123
Write-down of oil and natural gas properties and other well equipment 0 0 23,729
Amortization of discount, premium and deferred financing costs 15,039 14,379 13,382
Equity-based compensation expense 12,953 15,953 10,992
Price risk management activities (income) expense (80,928) 272,191 419,077
Net cash received (paid) on settled derivative instruments (9,457) (425,559) (290,164)
Equity method investment (income) expense 3,209 (14,222) 0
Loss (gain) on extinguishment of debt 0 1,569 13,225
Settlement of asset retirement obligations (86,615) (69,596) (67,988)
Gain (loss) on sale of assets (66,115) 303 (687)
Changes in operating assets and liabilities:      
Accounts receivable 20,352 14,927 (35,396)
Other current assets 7,066 (36,545) (18,901)
Accounts payable (60,401) 24,258 (6,261)
Other current liabilities (96,960) 73,531 64,800
Other non-current assets and liabilities, net (76,092) (13,990) 14,409
Net cash provided by (used in) operating activities 519,069 709,739 411,388
Cash flows from investing activities:      
Exploration, development and other capital expenditures (561,434) (323,164) (293,331)
Proceeds from (cash paid for) acquisitions, net of cash acquired 17,617    
Proceeds from (cash paid for) acquisitions, net of cash acquired   (3,500) (5,399)
Proceeds from (cash paid for) sale of property and equipment, net 73,004 1,937 4,983
Contributions to equity method investees (29,447) (2,250) 0
Investment in intangible assets (12,366) 0 0
Proceeds from sale of equity method investment 0 15,000 0
Net cash provided by (used in) investing activities (512,626) (311,977) (293,747)
Cash flows from financing activities:      
Issuance of senior notes 0 0 600,500
Redemption of senior notes (30,000) (18,184) (356,803)
Proceeds from Bank Credit Facility 825,000 85,000 100,000
Repayment of Bank Credit Facility (625,000) (460,000) (365,000)
Deferred financing costs (11,775) (189) (27,833)
Other deferred payments (1,545) 0 (7,921)
Payments of finance lease (16,306) (25,493) (21,804)
Purchase of treasury stock (47,504) 0 0
Employee stock awards tax withholdings (7,459) (4,603) (3,161)
Net cash provided by (used in) financing activities 85,411 (423,469) (82,022)
Net increase (decrease) in cash, cash equivalents and restricted cash 91,854 (25,707) 35,619
Cash, cash equivalents and restricted cash:      
Balance, beginning of period 44,145 69,852 34,233
Balance, end of period 135,999 44,145 69,852
Supplemental non-cash transactions:      
Capital expenditures included in accounts payable and accrued liabilities 114,972 105,773 45,761
Supplemental cash flow information:      
Interest paid, net of amounts capitalized $ 130,313 $ 91,809 $ 68,891