Natural Gas & Oil Properties

3 Months Ended

Mar. 31, 2026

Extractive Industries [Abstract]

Natural Gas & Oil Properties

Note 5 - Natural Gas & Oil Properties

The following table summarizes the Company's natural gas and oil properties for the period presented:

	As of
(in thousands)	March 31, 2026
Costs
Beginning balance	$5,828,712
Additions(a)	41,892
Disposals	(345)
Ending balance	$5,870,259
Depletion and impairment
Beginning balance	$(1,320,953)
Depletion expense	(91,336)
Ending balance	$(1,412,289)
Net book value	$4,457,970

(a)During the three months ended March 31, 2026, the Company’s additions were primarily due to development and recurring

capital expenditures.