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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 31,318 $ 25,407
Restricted cash 0 139,662
Commodity derivative assets, current 21,326 84,039
Other current assets 12,517 13,990
Total current assets 125,732 312,157
Natural gas properties and equipment    
Developed properties 2,262,858 2,370,156
Undeveloped properties 10,544 15,846
Midstream assets 276,592 318,855
Accumulated depreciation, depletion, and amortization (672,483) (579,415)
Total natural gas properties, net 1,877,511 2,125,442
Other property and equipment, net 91,234 83,935
Goodwill 18,417 18,417
Investment in joint venture 132,352 104,750
Commodity derivative assets 4,318 18,508
Other noncurrent assets 17,993 19,937
Total assets 2,267,557 2,683,146
Current liabilities    
Accounts payable and accrued liabilities 112,183 149,173
Contingent consideration payable 19,703 20,000
Income taxes payable to related party 2,068 864
Credit facilities 0 127,000
Current portion of long-term debt, net 0 112,373
Other current liabilities 5,043 2,849
Total current liabilities 138,997 412,259
Asset retirement obligations 195,240 193,205
Contingent consideration 0 29,676
Note payable to related party 0 75,000
Deferred tax liability, net 105,252 136,524
Long-term debt, net 190,000 339,663
Other noncurrent liabilities 38,839 11,652
Total liabilities 668,328 1,197,979
Commitments and contingencies ( Note 10 )
Mezzanine equity    
Common stock, minority ownership puttable shares 0 59,988
Equity-based compensation 0 126,966
Total mezzanine equity 0 186,954
Stockholders' equity    
Common stock 1,505 1,283
Treasury stock (6,663) (4,582)
Additional paid-in capital 1,422,432 1,034,144
Retained earnings 181,955 267,368
Total stockholders' equity 1,599,229 1,298,213
Total liabilities, mezzanine equity, and stockholders' equity 2,267,557 2,683,146
Nonrelated Party    
Current assets    
Accounts receivable 49,228 48,500
Related Party    
Current assets    
Accounts receivable $ 11,343 $ 559