Revenue from Contracts with Customers

3 Months Ended

Mar. 31, 2025

Revenue from Contract with Customer [Abstract]

Revenue from Contracts with Customers

Note 6 - Revenue from Contracts with Customers

All of the Company's revenues are generated in the states of Pennsylvania and Texas. Revenues consist of the following:

	Three Months Ended March 31, 2025
(in thousands)	Pennsylvania		Texas		Total
Natural gas	$	24,572	$	143,411	$	167,983
NGLs	—		44,683		44,683
Oil	—		3,460		3,460
Total natural gas, NGL, and oil sales	24,572		191,554		216,126
Marketing revenues	—		6,485		6,485
Midstream revenues	—		2,771		2,771
Section 45Q tax credits	—		3,307		3,307
Related party and other	—		2,322		2,322
Total	$	24,572	$	206,439	$	231,011

	Three Months Ended March 31, 2024
(in thousands)	Pennsylvania		Texas		Total
Natural gas	$	12,493	$	83,843	$	96,336
NGLs	—		43,417		43,417
Oil	—		1,934		1,934
Total natural gas, NGL, and oil sales	12,493		129,194		141,687
Marketing revenues	—		4,921		4,921
Midstream revenues	1,243		2,885		4,128
Section 45Q tax credits	—		2,329		2,329
Related party and other	31		2,497		2,528
Total	$	13,767	$	141,826	$	155,593

Accounts receivable and revenue from contracts with customers

As of March 31, 2025 and December 31, 2024, the Company’s receivables from contracts with customers were $56.6 million and $49.8 million, respectively. Also, as of March 31, 2025 and December 31, 2024, one purchaser accounted for more than 10% of accounts receivables, and for the three months ended March 31, 2025 and 2024, that purchaser’s revenues were $166.5 million and $92.3 million, respectively. Another purchaser’s revenues, that also accounted for more than 10% of the Company’s revenues during the three months ended March 31, 2025 and 2024 amounted to $40.8 million and $39.1 million, respectively. The Company does not believe that the loss of these customers would have a material adverse effect on the condensed consolidated financial statements because alternative customers are readily available.