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Note 13 - Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Interest expense limitations $ 73,013 $ 41,352
Net operating loss carryforwards 13,089 13,503
Stock-based compensation 3,351 6,332
Other 35 36
Unrecognized derivative losses, net 0 0
Less: Valuation allowance 0 0
Deferred tax assets 89,488 61,223
Crude oil and natural gas properties, principally due to differences in basis and depreciation and the deduction of intangible drilling costs for tax purposes (321,411) (250,859)
Unrecognized derivative losses, net (475) (7,432)
Deferred tax liabilities (321,886) (258,291)
Net deferred tax liabilities $ (232,398) $ (197,068)