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style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:117.74pt">Diversified Energy Company</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:153.74pt;position:var(--position);text-decoration:none;white-space:pre;width:98.87pt">, a Delaware corporation</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:252.61pt;position:var(--position);text-decoration:none;white-space:pre;width:323.36pt"> (“Diversified,” “DEC,” “we,” “us,” “our,” or collectively with its wholly owned</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:235.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:540pt">subsidiaries, the “Company”) is an independent energy company engaged in the production, transportation and marketing of natural</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:576pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:247.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:216.15pt">gas, oil and NGLs. The Company’s assets are located </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:252.15pt;position:var(--position);text-decoration:none;white-space:pre;width:282.7pt">in the United States within the following geographical operating areas:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:265.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:500pt">Appalachian Region, which spans Ohio, Indiana, Pennsylvania, Virginia, West Virginia, Kentucky, Tennessee and Alabama;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:280.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:319.91pt">Central Region, which includes Texas, Oklahoma, New Mexico, and Louisiana;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:295.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:181.22pt">Other, which includes Florida and Wyoming.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.22pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:85.47pt">Basis of Presentation</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:331.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.88pt">The accompanying unaudited condensed consolidated financial statements were prepared in accordance with U.S. generally accepted</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:343.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.92pt">accounting principles (“GAAP”) and the rules and regulations of the Securities and Exchange Commission (the “SEC”). Pursuant to</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:355.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:333.77pt">such rules and regulations, certain disclosures have been condensed or omitted. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:369.77pt;position:var(--position);text-decoration:none;white-space:pre;width:206.09pt">These unaudited condensed consolidated financial</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:367.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.98pt">statements should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:379.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:78.72pt">December 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.72pt;position:var(--position);text-decoration:none;white-space:pre;width:195.07pt">, as included in the Company’s annual report on </span><span style="color:#0000ff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:309.79pt;position:var(--position);text-decoration:underline;white-space:pre;width:44.8pt"><a href="https://www.sec.gov/Archives/edgar/data/1922446/000192244626000020/dec-20251231.htm" style="color:inherit;text-decoration:inherit;z-index:1">Form 10-K</a></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:354.59pt;position:var(--position);text-decoration:none;white-space:pre;width:221.31pt">. The accompanying unaudited condensed consolidated</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:391.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.96pt">financial statements reflect all normal recurring adjustments that, in the opinion of management, are necessary for a fair statement of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:403.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:540pt">our condensed consolidated financial statements and accompanying notes and include the accounts of our direct and indirect wholly</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:576pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:415.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:342.87pt">owned subsidiaries and entities in which we have a controlling financial interest. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:378.87pt;position:var(--position);text-decoration:none;white-space:pre;width:196.97pt">Intercompany accounts and balances have been</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:427.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:44.64pt">eliminated.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:63.79pt">Reclassification</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:463.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.92pt">Certain reclassifications have been made to prior period financial statements and related disclosures to conform to current period</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:475.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">presentation. These reclassifications have no impact on previously reported total assets, total liabilities, net income or total operating</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:487.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:44.96pt">cash flows.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:76.31pt">Segment Reporting</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:523.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:129.29pt">In accordance with ASC 280, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:165.29pt;position:var(--position);text-decoration:none;white-space:pre;width:78.08pt">Segment Reporting</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.37pt;position:var(--position);text-decoration:none;white-space:pre;width:332.48pt">, the Company establishes operating segments based on the components of the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:535.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.89pt">business that are regularly reviewed by the chief executive officer, who serves as the chief operating decision maker (“CODM”), for</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:547.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.98pt">purposes of allocating resources and assessing performance. The CODM evaluates the Company’s operations in a consolidated</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:559.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:161.79pt">manner. Accordingly, the Company has </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:197.79pt;position:var(--position);text-decoration:none;white-space:pre;width:14.43pt">one</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:212.22pt;position:var(--position);text-decoration:none;white-space:pre;width:81.28pt"> reportable segment.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:577.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.85pt">The CODM uses consolidated income (loss) before income taxes for purposes of allocating resources and assessing operating</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:589.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.96pt">performance. The CODM is also regularly provided information on lease operating expense, transportation expense, production taxes,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:601.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.93pt">and general and administrative expense, which represent significant segment expenses. Other segment items primarily consist of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:613.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.88pt">depreciation, depletion and amortization, interest expense, and income tax expense (benefit). These amounts are derived from, and can</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:625.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:416.56pt">be found within, the Company’s Condensed Consolidated Statements of Comprehensive Income (Loss).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:643.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:441.15pt">Segment profit or loss reconciles to consolidated income (loss) before income taxes with no reconciling items.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:661.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.84pt">There have been no material changes in the Company’s reportable segment, the CODM, or the measures used to assess segment</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:673.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:58.32pt">performance s</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.32pt;position:var(--position);text-decoration:none;white-space:pre;width:20.58pt">ince </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.9pt;position:var(--position);text-decoration:none;white-space:pre;width:81.44pt">December 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.34pt;position:var(--position);text-decoration:none;white-space:pre;width:21.98pt">. The</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:218.32pt;position:var(--position);text-decoration:none;white-space:pre;width:357.62pt">re were no material changes in segment assets from those reported in the Company’s</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:685.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:67.99pt">annual report on </span><span style="color:#0000ff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:103.99pt;position:var(--position);text-decoration:underline;white-space:pre;width:44.71pt"><a href="https://www.sec.gov/Archives/edgar/data/1922446/000192244626000020/dec-20251231.htm" style="color:inherit;text-decoration:inherit;z-index:1">Form 10-K</a></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.7pt;position:var(--position);text-decoration:none;white-space:pre;width:77.41pt"> for the year ended </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.11pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:304.65pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:110.76pt">Cash and Cash Equivalents</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:721.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.93pt">Cash and cash equivalents consist of highly liquid investments with an original maturity of three months or less. The Company</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:733.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.91pt">maintains cash balances at financial institutions, which at times may exceed federally insured limits. The Company has not</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:45pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.99pt">experienced any losses in such accounts and believes it is not exposed to any significant credit risk related to cash and cash</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:57pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:47.99pt">equivalents.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:63.53pt">Restricted Cash</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:93pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.9pt">Restricted cash represents cash whose withdrawal or use is limited by contractual or regulatory requirements and is not available for</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:105pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.97pt">general corporate purposes. Restricted cash is presented as either a current or noncurrent asset based on the expected timing of the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:117pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:76.56pt">related obligations.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:148.14pt">Restricted cash primarily consists of:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:153pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre;width:447.84pt">Amounts held as collateral for surety bonds or required by state agencies for well abandonment obligations; and</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:168pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre;width:503.95pt">Cash reserves required for interest payments and fees related to the Company’s asset-backed securitization arrangements,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:180pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre;width:240.81pt">which are administered by an independent indenture trustee.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:198pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.9pt">The Company’s accounting policy and the nature of its restricted cash arrangements are consistent with those described in its annual</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:210pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:38.86pt">report on </span><span style="color:#0000ff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:74.86pt;position:var(--position);text-decoration:underline;white-space:pre;width:44.71pt"><a href="https://www.sec.gov/Archives/edgar/data/1922446/000192244626000020/dec-20251231.htm" style="color:inherit;text-decoration:inherit;z-index:1">Form 10-K</a></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:119.57pt;position:var(--position);text-decoration:none;white-space:pre;width:77.41pt"> for the year ended </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.98pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:275.52pt;position:var(--position);text-decoration:none;white-space:pre;width:251.35pt">, and there were no material changes during the interim period.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:161.21pt">Recently Adopted Accounting Standards</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:246pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:311.6pt">In the current year, the Company adopted the following accounting standards:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:264pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:63.75pt"></td><td style="padding:0;width:407.25pt"></td><td style="padding:0;width:69pt"></td></tr><tr style="height:14.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:63.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU Number</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:63.75pt;position:var(--position);width:407.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:407.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Description</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:471pt;position:var(--position);width:69pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effective Date</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:63.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU 2024-04</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:63.75pt;position:var(--position);top:14.25pt;width:407.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:407.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Debt—Debt with Conversion and Other Options</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:471pt;position:var(--position);top:14.25pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.79pt;position:var(--position);text-decoration:none;white-space:pre">January 1, 2026</span></div></div></div></td></tr><tr style="height:27pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:63.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU 2025-05</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:63.75pt;position:var(--position);top:29.25pt;width:407.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:407.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Measurement of credit losses for accounts receivable and contract assets from transactions </span></div><div style="line-height:10pt;position:var(--position);top:15.75pt;width:407.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">accounted for under Topic 606</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:471pt;position:var(--position);top:29.25pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.79pt;position:var(--position);text-decoration:none;white-space:pre">January 1, 2026</span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:331.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:399.14pt">The adoption of these standards did not have a significant impact on the amounts reported in the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:435.14pt;position:var(--position);text-decoration:none;white-space:pre;width:140.71pt">Condensed Consolidated Financial</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:343.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:43.82pt">Statements</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:79.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.88pt">The accompanying unaudited condensed consolidated financial statements were prepared in accordance with U.S. generally accepted</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:343.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.92pt">accounting principles (“GAAP”) and the rules and regulations of the Securities and Exchange Commission (the “SEC”). Pursuant to</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div>such rules and regulations, certain disclosures have been condensed or omitted. <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:378.87pt;position:var(--position);text-decoration:none;white-space:pre;width:196.97pt">Intercompany accounts and balances have been</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:427.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:44.64pt">eliminated.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:63.79pt">Reclassification</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:463.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.92pt">Certain reclassifications have been made to prior period financial statements and related disclosures to conform to current period</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:475.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">presentation. These reclassifications have no impact on previously reported total assets, total liabilities, net income or total operating</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:487.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:44.96pt">cash flows.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:76.31pt">Segment Reporting</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:523.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:129.29pt">In accordance with ASC 280, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:165.29pt;position:var(--position);text-decoration:none;white-space:pre;width:78.08pt">Segment Reporting</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.37pt;position:var(--position);text-decoration:none;white-space:pre;width:332.48pt">, the Company establishes operating segments based on the components of the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:535.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.89pt">business that are regularly reviewed by the chief executive officer, who serves as the chief operating decision maker (“CODM”), for</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:547.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.98pt">purposes of allocating resources and assessing performance. The CODM evaluates the Company’s operations in a consolidated</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:559.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:161.79pt">manner. Accordingly, the Company has </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:197.79pt;position:var(--position);text-decoration:none;white-space:pre;width:14.43pt">one</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:212.22pt;position:var(--position);text-decoration:none;white-space:pre;width:81.28pt"> reportable segment.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:577.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.85pt">The CODM uses consolidated income (loss) before income taxes for purposes of allocating resources and assessing operating</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:589.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.96pt">performance. The CODM is also regularly provided information on lease operating expense, transportation expense, production taxes,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:601.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.93pt">and general and administrative expense, which represent significant segment expenses. Other segment items primarily consist of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:613.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.88pt">depreciation, depletion and amortization, interest expense, and income tax expense (benefit). These amounts are derived from, and can</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:625.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:416.56pt">be found within, the Company’s Condensed Consolidated Statements of Comprehensive Income (Loss).</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:643.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:441.15pt">Segment profit or loss reconciles to consolidated income (loss) before income taxes with no reconciling items.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:661.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.84pt">There have been no material changes in the Company’s reportable segment, the CODM, or the measures used to assess segment</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:673.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:58.32pt">performance s</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.32pt;position:var(--position);text-decoration:none;white-space:pre;width:20.58pt">ince </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.9pt;position:var(--position);text-decoration:none;white-space:pre;width:81.44pt">December 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.34pt;position:var(--position);text-decoration:none;white-space:pre;width:21.98pt">. The</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:218.32pt;position:var(--position);text-decoration:none;white-space:pre;width:357.62pt">re were no material changes in segment assets from those reported in the Company’s</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:685.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:67.99pt">annual report on </span><span style="color:#0000ff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:103.99pt;position:var(--position);text-decoration:underline;white-space:pre;width:44.71pt"><a href="https://www.sec.gov/Archives/edgar/data/1922446/000192244626000020/dec-20251231.htm" style="color:inherit;text-decoration:inherit;z-index:1">Form 10-K</a></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.7pt;position:var(--position);text-decoration:none;white-space:pre;width:77.41pt"> for the year ended </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.11pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:304.65pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div> 1 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:110.76pt">Cash and Cash Equivalents</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:721.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.93pt">Cash and cash equivalents consist of highly liquid investments with an original maturity of three months or less. The Company</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:733.4pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.91pt">maintains cash balances at financial institutions, which at times may exceed federally insured limits. The Company has not</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:45pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.99pt">experienced any losses in such accounts and believes it is not exposed to any significant credit risk related to cash and cash</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:57pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:47.99pt">equivalents.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:63.53pt">Restricted Cash</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:93pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.9pt">Restricted cash represents cash whose withdrawal or use is limited by contractual or regulatory requirements and is not available for</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:105pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.97pt">general corporate purposes. Restricted cash is presented as either a current or noncurrent asset based on the expected timing of the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:117pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:76.56pt">related obligations.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:148.14pt">Restricted cash primarily consists of:</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:153pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre;width:447.84pt">Amounts held as collateral for surety bonds or required by state agencies for well abandonment obligations; and</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:168pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:3.5pt">•</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre;width:503.95pt">Cash reserves required for interest payments and fees related to the Company’s asset-backed securitization arrangements,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:180pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72pt;position:var(--position);text-decoration:none;white-space:pre;width:240.81pt">which are administered by an independent indenture trustee.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:161.21pt">Recently Adopted Accounting Standards</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:246pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:311.6pt">In the current year, the Company adopted the following accounting standards:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:264pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:63.75pt"></td><td style="padding:0;width:407.25pt"></td><td style="padding:0;width:69pt"></td></tr><tr style="height:14.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:63.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU Number</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:63.75pt;position:var(--position);width:407.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:407.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Description</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:471pt;position:var(--position);width:69pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effective Date</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:63.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU 2024-04</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:63.75pt;position:var(--position);top:14.25pt;width:407.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:407.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Debt—Debt with Conversion and Other Options</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:471pt;position:var(--position);top:14.25pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.79pt;position:var(--position);text-decoration:none;white-space:pre">January 1, 2026</span></div></div></div></td></tr><tr style="height:27pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:63.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU 2025-05</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:63.75pt;position:var(--position);top:29.25pt;width:407.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:407.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Measurement of credit losses for accounts receivable and contract assets from transactions </span></div><div style="line-height:10pt;position:var(--position);top:15.75pt;width:407.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">accounted for under Topic 606</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:471pt;position:var(--position);top:29.25pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.79pt;position:var(--position);text-decoration:none;white-space:pre">January 1, 2026</span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:331.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:399.14pt">The adoption of these standards did not have a significant impact on the amounts reported in the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:435.14pt;position:var(--position);text-decoration:none;white-space:pre;width:140.71pt">Condensed Consolidated Financial</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:343.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:43.82pt">Statements</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:79.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:311.6pt">In the current year, the Company adopted the following accounting standards:</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:264pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:63.75pt"></td><td style="padding:0;width:407.25pt"></td><td style="padding:0;width:69pt"></td></tr><tr style="height:14.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:63.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU Number</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:63.75pt;position:var(--position);width:407.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:407.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Description</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:471pt;position:var(--position);width:69pt"><div><div style="line-height:8pt;position:var(--position);top:5.62pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:8pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effective Date</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:63.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU 2024-04</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:63.75pt;position:var(--position);top:14.25pt;width:407.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:407.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Debt—Debt with Conversion and Other Options</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:471pt;position:var(--position);top:14.25pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.79pt;position:var(--position);text-decoration:none;white-space:pre">January 1, 2026</span></div></div></div></td></tr><tr style="height:27pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:63.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:63.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">ASU 2025-05</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:63.75pt;position:var(--position);top:29.25pt;width:407.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:407.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Measurement of credit losses for accounts receivable and contract assets from transactions </span></div><div style="line-height:10pt;position:var(--position);top:15.75pt;width:407.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">accounted for under Topic 606</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:471pt;position:var(--position);top:29.25pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.79pt;position:var(--position);text-decoration:none;white-space:pre">January 1, 2026</span></div></div></div></td></tr></tbody></table></div></div></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:152.94pt">Note 2 - Acquisitions &amp; Divestitures</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:75.25pt">2026 Acquisitions</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:397.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:23.32pt">Durin</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:59.32pt;position:var(--position);text-decoration:none;white-space:pre;width:23.98pt">g the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:83.3pt;position:var(--position);text-decoration:none;white-space:pre;width:80.03pt">three months ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.32999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:3.39pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:166.72pt;position:var(--position);text-decoration:none;white-space:pre;width:65.36pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.08pt;position:var(--position);text-decoration:none;white-space:pre;width:343.8pt">, the Company collectively acquired certain midstream and plugging assets for total</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:409.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:4.43pt">c</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:40.43pt;position:var(--position);text-decoration:none;white-space:pre;width:66pt">onsideration of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:106.43pt;position:var(--position);text-decoration:none;white-space:pre;width:47.99pt">$17 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:154.42000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:421.46pt">, inclusive of customary purchase price adjustments, and transaction costs. Additionally, in February</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:421.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:152.05pt">2026, the Company paid a deposit of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.05pt;position:var(--position);text-decoration:none;white-space:pre;width:46.66pt">$25 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.71pt;position:var(--position);text-decoration:none;white-space:pre;width:341.14pt"> for the acquisition of certain producing properties from Sheridan Holding Company</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:433.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:231.39pt">III, LLC (“Sheridan”). This acquisition was completed in </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:267.39pt;position:var(--position);text-decoration:none;white-space:pre;width:43.59pt">April 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.98pt;position:var(--position);text-decoration:none;white-space:pre;width:79.66pt"> and is discussed in </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:390.64pt;position:var(--position);text-decoration:none;white-space:pre;width:31.92pt">Note 14</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:422.56pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:73.55pt">2026 Divestitures</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:469.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.96pt">During the three months ended March 31, 2026, the Company divested certain non-core undeveloped acreage for consideration of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:481.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:51.4pt">$101 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:87.4pt;position:var(--position);text-decoration:none;white-space:pre;width:488.44pt">. The consideration received exceeded the carrying amount of the net assets divested resulting in a gain on natural gas and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:493.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:128.62pt">oil properties and equipment of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.62pt;position:var(--position);text-decoration:none;white-space:pre;width:51.49pt">$101 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:216.11pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:218.61pt;position:var(--position);text-decoration:none;white-space:pre;width:357.3pt"> Additionally, the disposal of various property, plant and equipment in the normal course</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:505.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:160.68pt">of business resulted in cash proceeds of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:196.68pt;position:var(--position);text-decoration:none;white-space:pre;width:41.35pt">$1 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:238.03pt;position:var(--position);text-decoration:none;white-space:pre;width:247.81pt"> and a loss on natural gas and oil properties and equipment of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.84pt;position:var(--position);text-decoration:none;white-space:pre;width:41.35pt">$3 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.19pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:75.25pt">2025 Acquisitions</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:200.93pt">Canvas Energy Inc. (“Canvas”) Asset Acquisition</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:81pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:15.26pt">On </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:51.26pt;position:var(--position);text-decoration:none;white-space:pre;width:80.76pt">November 24, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:132.01999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:443.95pt">, the Company acquired Canvas. The Company determined that substantially all of the fair value of the gross</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:93pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.87pt">assets acquired was concentrated in a single asset group; therefore, the transaction was accounted for as an asset acquisition. The</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:105pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:166.47pt">Company paid purchase consideration of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:202.47pt;position:var(--position);text-decoration:none;white-space:pre;width:51.4pt">$533 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.87pt;position:var(--position);text-decoration:none;white-space:pre;width:209.5pt">, inclusive of customary purchase price adjustments.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:463.37pt;position:var(--position);text-decoration:none;white-space:pre;width:112.51pt"> The purchase consideration</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:117pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:113.33pt">consisted of the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:149.32999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:40pt">3,718,209</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:189.33pt;position:var(--position);text-decoration:none;white-space:pre;width:119.93pt"> shares of common stock and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:309.26pt;position:var(--position);text-decoration:none;white-space:pre;width:51.54pt">$399 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:360.8pt;position:var(--position);text-decoration:none;white-space:pre;width:85.86pt"> in cash, inclusive of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:446.66pt;position:var(--position);text-decoration:none;white-space:pre;width:80.2pt">transaction costs of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:526.86pt;position:var(--position);text-decoration:none;white-space:pre;width:46.54pt">$13 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:573.4pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:129pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:315.18pt">On the date of the acquisition, the Company settled the outstanding balance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.18pt;position:var(--position);text-decoration:none;white-space:pre;width:46.35pt">$81 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:397.53pt;position:var(--position);text-decoration:none;white-space:pre;width:107.63pt"> on Canvas’s credit facility</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.16pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:507.66pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:34.95pt">Refer to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:70.95pt;position:var(--position);text-decoration:none;white-space:pre;width:30.81pt">Notes 7</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.76pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.26pt;position:var(--position);text-decoration:none;white-space:pre;width:16.93pt">and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.19pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">10</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.19pt;position:var(--position);text-decoration:none;white-space:pre;width:270pt"> for additional information regarding stockholders’ equity and debt.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:165pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">The fair value of the consideration transferred and the allocation to the assets acquired and liabilities assumed based on their relative</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:177pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:66.03pt">fair values as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.03pt;position:var(--position);text-decoration:none;white-space:pre;width:79.68pt">November 24, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:181.71pt;position:var(--position);text-decoration:none;white-space:pre;width:67.71pt"> were as follows </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:249.42pt;position:var(--position);text-decoration:none;white-space:pre;width:56.91pt">(in thousands)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:195pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:450pt"></td><td style="padding:0;width:90pt"></td></tr><tr style="height:14.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Consideration paid</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash consideration</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:14.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">398,534<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:28.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Fair value of common stock issued</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:148.22pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:28.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">53,951<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Payoff of existing credit facility</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:42.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">80,602<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total consideration</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:57pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">533,087<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:71.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net assets acquired</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:85.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:58.42pt;position:var(--position)">51,679<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Natural gas and oil properties</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:99.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">553,329<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Property, plant and equipment, net</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:114pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">3,097<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:128.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Other noncurrent assets</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:128.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:68.29pt"></span></span><span style="left:70.92pt;position:var(--position)">773<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accounts receivable, net</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:142.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">22,515<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:156.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other current assets</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:156.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">6,323<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:171pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Asset retirement obligations</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:171pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(10,963)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:185.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax liability</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:185.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(43,118)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:199.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other noncurrent liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:199.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:64.96pt"></span></span><span style="left:67.58999999999999pt;position:var(--position)">(573)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:213.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accounts payable</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:213.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:57.46pt"></span></span><span style="left:60.09pt;position:var(--position)">(8,625)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:228pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other current liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:228pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(41,350)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:242.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net assets acquired</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:242.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">533,087<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:462.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:521.93pt">The fair value of the common stock issued was based on the closing price of the Company’s common stock on November 24, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:474.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:10.27pt">of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:64.27pt;position:var(--position);text-decoration:none;white-space:pre;width:27.5pt">$14.51</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:91.77000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:443.46pt">. The fair value of our common stock is a Level 1 input as our stock price is a quoted price in an active market.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:287.79pt">Maverick Natural Resources, LLC (“Maverick”) Business Combination</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:510.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:17.75pt">On </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:53.75pt;position:var(--position);text-decoration:none;white-space:pre;width:69.64pt">March 14, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:123.39pt;position:var(--position);text-decoration:none;white-space:pre;width:452.48pt">, the Company acquired Maverick. The Company determined the transaction did not have a significant</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:522.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.87pt">concentration of assets and that it acquired an identifiable set of inputs, processes, and outputs. As a result, the Company concluded</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:534.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:433.84pt">the transaction was a business combination. The Company paid purchase consideration of approximately </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:469.84pt;position:var(--position);text-decoration:none;white-space:pre;width:52.28pt">$666 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:522.12pt;position:var(--position);text-decoration:none;white-space:pre;width:53.75pt">, inclusive of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:546.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:392.13pt">customary purchase price adjustments. The purchase consideration consisted of the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:428.13pt;position:var(--position);text-decoration:none;white-space:pre;width:45pt">21,194,213</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:473.13pt;position:var(--position);text-decoration:none;white-space:pre;width:102.72pt"> shares of common stock</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:558.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:19.24pt">and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:55.239999999999995pt;position:var(--position);text-decoration:none;white-space:pre;width:53.66pt">$211 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:108.9pt;position:var(--position);text-decoration:none;white-space:pre;width:378.07pt"> in cash. As part of the acquisition, the Company paid off on the acquisition date the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.97pt;position:var(--position);text-decoration:none;white-space:pre;width:53.66pt">$202 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:540.63pt;position:var(--position);text-decoration:none;white-space:pre;width:35.3pt"> balance</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:570.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:220.52pt">outstanding on Maverick’s credit facility and assumed </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.52pt;position:var(--position);text-decoration:none;white-space:pre;width:51.5pt">$518 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:308.02pt;position:var(--position);text-decoration:none;white-space:pre;width:151.74pt"> of ABS Maverick Notes outstanding.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:459.76pt;position:var(--position);text-decoration:none;white-space:pre;width:116.12pt"> Transaction costs associated</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:582.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:110.72pt">with the acquisition were </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:146.72pt;position:var(--position);text-decoration:none;white-space:pre;width:48.23pt">$21 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:194.95pt;position:var(--position);text-decoration:none;white-space:pre;width:200.33pt"> and are included within G&amp;A expense in the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:395.28pt;position:var(--position);text-decoration:none;white-space:pre;width:180.72pt">Consolidated Statements of Comprehensive</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:576pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:594.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:58pt">Income (Loss)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:96.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:612.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:34.95pt">Refer to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:70.95pt;position:var(--position);text-decoration:none;white-space:pre;width:30.81pt">Notes 7</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:101.76pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:104.26pt;position:var(--position);text-decoration:none;white-space:pre;width:16.93pt">and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:121.19pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">10</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:131.19pt;position:var(--position);text-decoration:none;white-space:pre;width:270pt"> for additional information regarding stockholders’ equity and debt.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:45pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:498.81pt">The fair value of the consideration transferred and the fair value amounts of the assets acquired and liabilities assumed as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:534.81pt;position:var(--position);text-decoration:none;white-space:pre;width:41.12pt">March 14,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:57pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:56pt;position:var(--position);text-decoration:none;white-space:pre;width:67.71pt"> were as follows </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:123.71pt;position:var(--position);text-decoration:none;white-space:pre;width:56.91pt">(in thousands)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:180.62pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:75pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:450pt"></td><td style="padding:0;width:90pt"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Consideration paid</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash consideration</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:14.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">210,753<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:28.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Fair value of common stock issued</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:148.22pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:28.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">253,270<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Payoff of existing credit facility</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:42.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">201,533<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total consideration</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:57pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">665,556<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:71.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net assets acquired</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:85.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:58.42pt;position:var(--position)">20,894<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Natural gas and oil properties</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:99.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:43.29pt"></span></span><span style="left:45.92pt;position:var(--position)">1,298,477<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Property, plant and equipment, net</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:114pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">43,585<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:128.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Restricted cash</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:128.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">62,048<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Other noncurrent assets</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:142.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">28,861<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:156.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives, net</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:156.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">4,829<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:171pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accounts receivable, net</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:171pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">153,205<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:185.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other current assets</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:185.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">14,695<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:199.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Asset retirement obligations</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:199.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(179,528)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:213.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Borrowings</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:213.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(518,394)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:228pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other noncurrent liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:228pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(38,915)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:242.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accounts payable</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:242.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(42,967)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:256.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accrued operating expenses</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:256.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(55,583)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:270.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Revenues payable</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:270.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(44,306)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:285pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other current liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:285pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(81,345)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:299.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net assets acquired</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:299.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">665,556<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:399.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:521.82pt">The fair value of the common stock issued was based on the closing price of the Company’s common stock on March 14, 2025 of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:575.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:411.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:27.5pt">$11.95</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:81.5pt;position:var(--position);text-decoration:none;white-space:pre;width:443.46pt">. The fair value of our common stock is a Level 1 input as our stock price is a quoted price in an active market.</span></div><div style="font-size:12pt;line-height:12pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:429.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.83pt">The fair value of the natural gas and oil properties was based on estimated future production volumes, adjusted for risk characteristics</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:441.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.87pt">associated with the classification of the acquired reserves, and related future net cash flows discounted using a weighted average cost</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:453.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.9pt">of capital. The Company utilized NYMEX strip pricing adjusted for inflation. Management utilized the assistance of a third-party</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:465.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.89pt">valuation expert to estimate the fair value of the natural gas and oil properties acquired. The Company considers the discount rate,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:477.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.97pt">commodity pricing, production and operating expense to be the assumptions most sensitive to the fair value of the acquired natural gas</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:489.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:456.18pt">and oil properties and represent Level 3 inputs, other than NYMEX strip pricing which represents a Level 1 input.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:492.18pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:251.75pt">Summit Natural Resources, LLC (“Summit”) Asset Acquisition</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:525.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:15.55pt">On </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:51.55pt;position:var(--position);text-decoration:none;white-space:pre;width:75.24pt">February 27, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:126.79pt;position:var(--position);text-decoration:none;white-space:pre;width:449.11pt">, the Company acquired certain upstream assets and related infrastructure within Virginia, West Virginia, and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:537.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.9pt">Alabama of the Appalachian Region from Summit. Given the concentration of assets, this transaction was considered an asset</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:549.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:339.82pt">acquisition rather than a business combination. The Company paid consideration of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:375.82pt;position:var(--position);text-decoration:none;white-space:pre;width:46.67pt">$42 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:422.49pt;position:var(--position);text-decoration:none;white-space:pre;width:135.94pt">, inclusive of transaction costs of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:558.43pt;position:var(--position);text-decoration:none;white-space:pre;width:17.5pt">$0.4</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:561.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:28.85pt">million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:64.85pt;position:var(--position);text-decoration:none;white-space:pre;width:511.01pt"> and customary purchase price adjustments, substantially all of which was accounted for as natural gas and oil properties. The</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:573.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:492.24pt">transaction was funded through proceeds from the ABS X Notes collateralized, in part, by the acquired assets. Refer to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:528.24pt;position:var(--position);text-decoration:none;white-space:pre;width:32.71pt">Note 10</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:560.95pt;position:var(--position);text-decoration:none;white-space:pre;width:14.95pt"> for</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:585.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:152.6pt">additional information regarding debt.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:75.2pt">Other Acquisitions</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:621.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:46.54pt">During the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:82.53999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:79.27pt">three months ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:161.81pt;position:var(--position);text-decoration:none;white-space:pre;width:3.01pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.82pt;position:var(--position);text-decoration:none;white-space:pre;width:64.6pt">March 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:229.42pt;position:var(--position);text-decoration:none;white-space:pre;width:346.53pt">, the Company acquired certain midstream and upstream assets that are contiguous to</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:633.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:315.97pt">its existing Central Region assets. The Company paid total consideration of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:351.97pt;position:var(--position);text-decoration:none;white-space:pre;width:47.43pt">$16 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:399.4pt;position:var(--position);text-decoration:none;white-space:pre;width:166.6pt">, inclusive of non-cash consideration of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:566pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">$4</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:576pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:645.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:28.85pt">million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:64.85pt;position:var(--position);text-decoration:none;white-space:pre;width:511.09pt">, customary purchase price adjustments, and transaction costs. Given the concentration of assets, these transactions were</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:657.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:256.1pt">considered asset acquisitions rather than business combinations.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:73.55pt">2025 Divestitures</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:693.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:48.1pt">During the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:84.1pt;position:var(--position);text-decoration:none;white-space:pre;width:80.83pt">three months ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.93pt;position:var(--position);text-decoration:none;white-space:pre;width:3.79pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:168.72pt;position:var(--position);text-decoration:none;white-space:pre;width:66.16pt">March 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.88pt;position:var(--position);text-decoration:none;white-space:pre;width:341.1pt">, the Company divested certain non-core undeveloped acreage across its operating</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:705.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:119.82pt">footprint for consideration of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.82pt;position:var(--position);text-decoration:none;white-space:pre;width:41.61pt">$2 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:197.43pt;position:var(--position);text-decoration:none;white-space:pre;width:378.44pt">. The consideration received exceeded the carrying amount of the net assets divested resulting</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:49.4pt">in a gain on </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.4pt;position:var(--position);text-decoration:none;white-space:pre;width:177.57pt">natural gas and oil properties and equipment</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:262.97pt;position:var(--position);text-decoration:none;white-space:pre;width:13.33pt"> of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:276.3pt;position:var(--position);text-decoration:none;white-space:pre;width:41.35pt">$2 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.65pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span> 17000000 25000000 101000000 101000000 1000000 -3000000 533000000 3718209 399000000 13000000 81000000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">The fair value of the consideration transferred and the allocation to the assets acquired and liabilities assumed based on their relative</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:177pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:66.03pt">fair values as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.03pt;position:var(--position);text-decoration:none;white-space:pre;width:79.68pt">November 24, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:181.71pt;position:var(--position);text-decoration:none;white-space:pre;width:67.71pt"> were as follows </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:249.42pt;position:var(--position);text-decoration:none;white-space:pre;width:56.91pt">(in thousands)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:195pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:450pt"></td><td style="padding:0;width:90pt"></td></tr><tr style="height:14.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Consideration paid</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash consideration</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:14.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">398,534<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:28.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Fair value of common stock issued</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:148.22pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:28.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">53,951<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Payoff of existing credit facility</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:42.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">80,602<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total consideration</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:57pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">533,087<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:71.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net assets acquired</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:85.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:58.42pt;position:var(--position)">51,679<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Natural gas and oil properties</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:99.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">553,329<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Property, plant and equipment, net</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:114pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">3,097<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:128.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Other noncurrent assets</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:128.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:68.29pt"></span></span><span style="left:70.92pt;position:var(--position)">773<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accounts receivable, net</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:142.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">22,515<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:156.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other current assets</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:156.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">6,323<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:171pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Asset retirement obligations</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:171pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(10,963)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:185.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Deferred tax liability</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:185.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(43,118)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:199.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other noncurrent liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:199.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:64.96pt"></span></span><span style="left:67.58999999999999pt;position:var(--position)">(573)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:213.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accounts payable</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:213.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:57.46pt"></span></span><span style="left:60.09pt;position:var(--position)">(8,625)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:228pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other current liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:228pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(41,350)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:242.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net assets acquired</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:242.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">533,087<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:462.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:521.93pt">The fair value of the common stock issued was based on the closing price of the Company’s common stock on November 24, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:474.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:10.27pt">of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:64.27pt;position:var(--position);text-decoration:none;white-space:pre;width:27.5pt">$14.51</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:91.77000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:443.46pt">. The fair value of our common stock is a Level 1 input as our stock price is a quoted price in an active market.</span></div> 398534000 53951000 80602000 533087000 51679000 553329000 3097000 773000 22515000 6323000 10963000 43118000 573000 8625000 41350000 533087000 14.51 666000000 21194213 211000000 202000000 518000000 21000000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:498.81pt">The fair value of the consideration transferred and the fair value amounts of the assets acquired and liabilities assumed as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:534.81pt;position:var(--position);text-decoration:none;white-space:pre;width:41.12pt">March 14,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:57pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:56pt;position:var(--position);text-decoration:none;white-space:pre;width:67.71pt"> were as follows </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:123.71pt;position:var(--position);text-decoration:none;white-space:pre;width:56.91pt">(in thousands)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:180.62pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:75pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:450pt"></td><td style="padding:0;width:90pt"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Consideration paid</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash consideration</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:14.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">210,753<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:28.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Fair value of common stock issued</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:148.22pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:28.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">253,270<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Payoff of existing credit facility</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:42.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">201,533<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total consideration</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:57pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">665,556<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:71.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net assets acquired</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:85.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:58.42pt;position:var(--position)">20,894<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Natural gas and oil properties</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:99.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:43.29pt"></span></span><span style="left:45.92pt;position:var(--position)">1,298,477<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Property, plant and equipment, net</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:114pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">43,585<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:128.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Restricted cash</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:128.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">62,048<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Other noncurrent assets</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:142.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">28,861<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:156.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives, net</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:156.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">4,829<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:171pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accounts receivable, net</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:171pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">153,205<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:185.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other current assets</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:185.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">14,695<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:199.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Asset retirement obligations</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:199.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(179,528)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:213.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Borrowings</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:213.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(518,394)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:228pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other noncurrent liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:228pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(38,915)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:242.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accounts payable</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:242.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(42,967)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:256.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accrued operating expenses</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:256.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(55,583)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:270.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Revenues payable</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:270.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(44,306)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:285pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other current liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:285pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(81,345)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:299.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net assets acquired</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:299.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">665,556<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:399.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:521.82pt">The fair value of the common stock issued was based on the closing price of the Company’s common stock on March 14, 2025 of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:575.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:411.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:27.5pt">$11.95</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:81.5pt;position:var(--position);text-decoration:none;white-space:pre;width:443.46pt">. The fair value of our common stock is a Level 1 input as our stock price is a quoted price in an active market.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:498.81pt">The fair value of the consideration transferred and the fair value amounts of the assets acquired and liabilities assumed as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:534.81pt;position:var(--position);text-decoration:none;white-space:pre;width:41.12pt">March 14,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:57pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:56pt;position:var(--position);text-decoration:none;white-space:pre;width:67.71pt"> were as follows </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:123.71pt;position:var(--position);text-decoration:none;white-space:pre;width:56.91pt">(in thousands)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:180.62pt;position:var(--position);text-decoration:none;white-space:pre;width:2.77pt">:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:75pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:450pt"></td><td style="padding:0;width:90pt"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Consideration paid</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash consideration</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:14.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">210,753<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:28.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Fair value of common stock issued</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:148.22pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:28.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">253,270<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:42.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Payoff of existing credit facility</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:42.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">201,533<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total consideration</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:57pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">665,556<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:71.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net assets acquired</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:85.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:85.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:58.42pt;position:var(--position)">20,894<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Natural gas and oil properties</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:99.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:43.29pt"></span></span><span style="left:45.92pt;position:var(--position)">1,298,477<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Property, plant and equipment, net</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:114pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">43,585<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:128.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Restricted cash</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:128.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">62,048<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:142.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Other noncurrent assets</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:142.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">28,861<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:156.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives, net</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:156.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">4,829<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:171pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accounts receivable, net</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:171pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">153,205<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:185.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other current assets</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:185.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">14,695<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:199.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Asset retirement obligations</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:199.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(179,528)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:213.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Borrowings</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:213.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(518,394)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:228pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other noncurrent liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:228pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(38,915)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:242.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accounts payable</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:242.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(42,967)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:256.5pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accrued operating expenses</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:256.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(55,583)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:270.75pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Revenues payable</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:270.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(44,306)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:285pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other current liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:285pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.67pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(81,345)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:299.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net assets acquired</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:299.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">665,556<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:399.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:521.82pt">The fair value of the common stock issued was based on the closing price of the Company’s common stock on March 14, 2025 of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:575.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:411.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:27.5pt">$11.95</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:81.5pt;position:var(--position);text-decoration:none;white-space:pre;width:443.46pt">. The fair value of our common stock is a Level 1 input as our stock price is a quoted price in an active market.</span></div> 210753000 253270000 201533000 665556000 20894000 1298477000 43585000 62048000 28861000 4829000 153205000 14695000 179528000 518394000 38915000 42967000 55583000 44306000 81345000 665556000 11.95 42000000 400000 16000000 4000000 2000000 2000000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:86.61pt">Note 3 - Income Tax</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:63pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:540pt">Income tax expense during interim periods is based on applying an estimated annual effective income tax rate to year-to-date income,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:576pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:16.66pt">plus</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:52.66pt;position:var(--position);text-decoration:none;white-space:pre;width:523.32pt"> any significant unusual or infrequently occurring items which are recorded in the interim period. The provision for income taxes</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:87pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:29.98pt">for the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:65.98pt;position:var(--position);text-decoration:none;white-space:pre;width:79.37pt">three months ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.35pt;position:var(--position);text-decoration:none;white-space:pre;width:3.06pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:148.41pt;position:var(--position);text-decoration:none;white-space:pre;width:64.7pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.11pt;position:var(--position);text-decoration:none;white-space:pre;width:20.55pt"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:233.66pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.66pt;position:var(--position);text-decoration:none;white-space:pre;width:322.29pt"> differs from the amount that would be provided by applying the statutory U.S.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:129pt">federal income tax rate of 21% </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:165pt;position:var(--position);text-decoration:none;white-space:pre;width:410.92pt">to pre-tax income primarily due to the impact of federal tax credits (principally the marginal well tax</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:408.57pt">credit), state income taxes, permanent differences, and discrete items recognized in the interim period.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:129pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:127.32pt">The effective tax rates for the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.32pt;position:var(--position);text-decoration:none;white-space:pre;width:80.57pt">three months ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.89pt;position:var(--position);text-decoration:none;white-space:pre;width:3.66pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:247.55pt;position:var(--position);text-decoration:none;white-space:pre;width:65.9pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:313.45pt;position:var(--position);text-decoration:none;white-space:pre;width:21.75pt"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.2pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:355.2pt;position:var(--position);text-decoration:none;white-space:pre;width:26.73pt"> were </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:381.93pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">48.7%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:407.76pt;position:var(--position);text-decoration:none;white-space:pre;width:21.75pt"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:429.51pt;position:var(--position);text-decoration:none;white-space:pre;width:32.49pt">(25.4)%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:462pt;position:var(--position);text-decoration:none;white-space:pre;width:93.98pt">, respectively. For the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:555.98pt;position:var(--position);text-decoration:none;white-space:pre;width:19.96pt">three</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:141pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:55.99pt">months ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.99000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:2.7pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.69pt;position:var(--position);text-decoration:none;white-space:pre;width:63.98pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:158.67000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:69.87pt">, we reported a ta</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:228.54pt;position:var(--position);text-decoration:none;white-space:pre;width:7.7pt">x </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.24pt;position:var(--position);text-decoration:none;white-space:pre;width:27.73pt">benefit</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:263.97pt;position:var(--position);text-decoration:none;white-space:pre;width:13.73pt"> of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:277.7pt;position:var(--position);text-decoration:none;white-space:pre;width:51.55pt">$153 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.25pt;position:var(--position);text-decoration:none;white-space:pre;width:54.35pt">, a change of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:383.6pt;position:var(--position);text-decoration:none;white-space:pre;width:51.55pt">$218 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:435.15pt;position:var(--position);text-decoration:none;white-space:pre;width:79.79pt">, compared to a tax </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:514.94pt;position:var(--position);text-decoration:none;white-space:pre;width:32.18pt">expense</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:547.12pt;position:var(--position);text-decoration:none;white-space:pre;width:13.73pt"> of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:560.85pt;position:var(--position);text-decoration:none;white-space:pre;width:15pt">$65</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:153pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:28.85pt">million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:64.85pt;position:var(--position);text-decoration:none;white-space:pre;width:13.47pt"> in </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:78.32pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:98.32pt;position:var(--position);text-decoration:none;white-space:pre;width:108.87pt">. The effective tax rate for </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.19pt;position:var(--position);text-decoration:none;white-space:pre;width:64.28pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:271.47pt;position:var(--position);text-decoration:none;white-space:pre;width:304.35pt"> was primarily impacted by the recognition of the federal marginal well tax</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:165pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.97pt">credit available to qualified producers and due to management’s estimate of the annual effective tax rate expected for the full financial</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:177pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.92pt">year. The federal government provides these credits to encourage companies to continue producing lower-volume wells during periods</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:189pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">of low prices to maintain the underlying jobs they create and the state and local tax revenues they generate for communities to support</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:201pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:327.29pt">schools, social programs, law enforcement and other similar public services. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.29pt;position:var(--position);text-decoration:none;white-space:pre;width:212.6pt">The differences between the statutory U.S. federal</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:213pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:278.74pt">income tax rate and the effective tax rates are summarized as follows:</span></div><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:343.5pt"></td><td style="padding:0;width:98.25pt"></td><td style="padding:0;width:98.25pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);width:196.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:196.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:52.72pt;position:var(--position);text-decoration:none;white-space:pre">Three Months Ended</span></div></div></div></td><td colspan="2" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:14.25pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:15.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:14.25pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:15.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:28.5pt;width:343.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:343.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">U.S. federal statutory tax rate</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:28.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:68.34pt;position:var(--position)"></span><span style="left:68.34pt;position:var(--position)">21.0<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:89.17pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:28.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:66.67pt;position:var(--position)"></span><span style="left:66.67pt;position:var(--position)">21.0<span style="display:inline-block;height:6.93pt;width:5pt"></span></span><span style="left:89.17pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:343.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:343.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">State income taxes, net of federal tax benefit</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:43.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:73.34pt;position:var(--position)"></span><span style="left:73.34pt;position:var(--position)">4.5<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:89.17pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:43.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:71.67pt;position:var(--position)"></span><span style="left:71.67pt;position:var(--position)">4.0<span style="display:inline-block;height:6.93pt;width:5pt"></span></span><span style="left:89.17pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:343.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:343.5pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Federal credits</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:67.7pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:58.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:68.34pt;position:var(--position)"></span><span style="left:68.34pt;position:var(--position)">23.8<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:89.17pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:58.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:63.34pt;position:var(--position)"></span><span style="left:63.34pt;position:var(--position)">(50.5)<span style="display:inline-block;height:6.93pt;width:1.67pt"></span></span><span style="left:89.17pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:343.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:343.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other, net</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:73.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:70.01pt;position:var(--position)"></span><span style="left:70.01pt;position:var(--position)">(0.6)</span><span style="left:89.17pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:73.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:71.67pt;position:var(--position)"></span><span style="left:71.67pt;position:var(--position)">0.1<span style="display:inline-block;height:6.93pt;width:5pt"></span></span><span style="left:89.17pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:88.5pt;width:343.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:343.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effective tax rate</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:88.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:68.34pt;position:var(--position)"></span><span style="left:68.34pt;position:var(--position)">48.7<span style="display:inline-block;height:6.77pt;width:1.66pt"></span></span><span style="left:87.5pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:88.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:63.34pt;position:var(--position)"></span><span style="left:63.34pt;position:var(--position)">(25.4)</span><span style="left:87.5pt;position:var(--position)">%</span></span></div></div></div></td></tr></tbody></table></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:344.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:521.84pt">Federal tax credits consist primarily of the marginal well tax credit. Because the credit is a dollar amount determined</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:356.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:522pt">independently of pre-tax results, its impact, expressed as a percentage of pre-tax income (loss), can be positive or negative and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:576pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:368.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:521.86pt">can vary significantly between periods depending on the sign and magnitude of the Company's forecasted annual pre-tax book</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:380.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:241.92pt">income (loss) used in the estimated annual effective tax rate.</span></div> 0.487 -0.254 -153000000 218000000 65000000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.29pt;position:var(--position);text-decoration:none;white-space:pre;width:212.6pt">The differences between the statutory U.S. federal</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:213pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:278.74pt">income tax rate and the effective tax rates are summarized as follows:</span></div><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:343.5pt"></td><td style="padding:0;width:98.25pt"></td><td style="padding:0;width:98.25pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);width:196.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:196.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:52.72pt;position:var(--position);text-decoration:none;white-space:pre">Three Months Ended</span></div></div></div></td><td colspan="2" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:14.25pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:15.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:14.25pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:15.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:28.5pt;width:343.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:343.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">U.S. federal statutory tax rate</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:28.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:68.34pt;position:var(--position)"></span><span style="left:68.34pt;position:var(--position)">21.0<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:89.17pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:28.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:66.67pt;position:var(--position)"></span><span style="left:66.67pt;position:var(--position)">21.0<span style="display:inline-block;height:6.93pt;width:5pt"></span></span><span style="left:89.17pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:343.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:343.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">State income taxes, net of federal tax benefit</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:43.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:73.34pt;position:var(--position)"></span><span style="left:73.34pt;position:var(--position)">4.5<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:89.17pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:43.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:71.67pt;position:var(--position)"></span><span style="left:71.67pt;position:var(--position)">4.0<span style="display:inline-block;height:6.93pt;width:5pt"></span></span><span style="left:89.17pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:343.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:343.5pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Federal credits</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:67.7pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:58.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:68.34pt;position:var(--position)"></span><span style="left:68.34pt;position:var(--position)">23.8<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:89.17pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:58.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:63.34pt;position:var(--position)"></span><span style="left:63.34pt;position:var(--position)">(50.5)<span style="display:inline-block;height:6.93pt;width:1.67pt"></span></span><span style="left:89.17pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:343.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:343.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other, net</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:73.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:70.01pt;position:var(--position)"></span><span style="left:70.01pt;position:var(--position)">(0.6)</span><span style="left:89.17pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:73.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:71.67pt;position:var(--position)"></span><span style="left:71.67pt;position:var(--position)">0.1<span style="display:inline-block;height:6.93pt;width:5pt"></span></span><span style="left:89.17pt;position:var(--position)">%</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:88.5pt;width:343.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:343.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Effective tax rate</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:343.5pt;position:var(--position);top:88.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:68.34pt;position:var(--position)"></span><span style="left:68.34pt;position:var(--position)">48.7<span style="display:inline-block;height:6.77pt;width:1.66pt"></span></span><span style="left:87.5pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:441.75pt;position:var(--position);top:88.5pt;width:98.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:98.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:63.34pt;position:var(--position)"></span><span style="left:63.34pt;position:var(--position)">(25.4)</span><span style="left:87.5pt;position:var(--position)">%</span></span></div></div></div></td></tr></tbody></table></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:344.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:521.84pt">Federal tax credits consist primarily of the marginal well tax credit. Because the credit is a dollar amount determined</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:356.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:522pt">independently of pre-tax results, its impact, expressed as a percentage of pre-tax income (loss), can be positive or negative and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:576pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:368.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:521.86pt">can vary significantly between periods depending on the sign and magnitude of the Company's forecasted annual pre-tax book</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:380.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:241.92pt">income (loss) used in the estimated annual effective tax rate.</span></div> 0.210 0.210 0.045 0.040 0.238 -0.505 -0.006 0.001 0.487 -0.254 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:148.22pt">Note 4 - Earnings (Loss) Per Share</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:416.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.89pt">Basic earnings (loss) per share (“EPS”) is calculated by dividing net income (loss) attributable to common shareholders by the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:428.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.99pt">weighted average number of shares of common stock outstanding during the period, excluding shares held in treasury (if any) and the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:440.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.85pt">Employee Benefit Trust (“EBT”). Diluted EPS reflects the potential dilution that could occur if share-based compensation awards</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:452.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:366.38pt">were exercised or converted into shares, except when their effect would be anti-dilutive. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:402.38pt;position:var(--position);text-decoration:none;white-space:pre;width:36.73pt">Refer to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:439.11pt;position:var(--position);text-decoration:none;white-space:pre;width:27.81pt">Note 7</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:466.92pt;position:var(--position);text-decoration:none;white-space:pre;width:108.94pt"> for additional information</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:464.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:76.85pt">regarding the EBT.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:482.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.92pt">The following table presents the reconciliation of the numerators and denominators used in the calculation of basic and diluted EPS for</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:494.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:87.67pt">the periods presented:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:512.75pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:361.5pt"></td><td style="padding:0;width:89.25pt"></td><td style="padding:0;width:89.25pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);width:178.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:178.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:43.72pt;position:var(--position);text-decoration:none;white-space:pre">Three Months Ended</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:361.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:361.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands, except share and per share data)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:14.25pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:11.45pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450.75pt;position:var(--position);top:14.25pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:11.45pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:361.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:361.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net income (loss) attributable to DEC</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:29.25pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:41.71pt"></span></span><span style="left:49.34pt;position:var(--position)">(160,617)</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450.75pt;position:var(--position);top:29.25pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:41.71pt"></span></span><span style="left:49.34pt;position:var(--position)">(323,198)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:361.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:361.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Weighted average shares outstanding - basic</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:43.5pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:37.54pt"></span></span><span style="left:40.17pt;position:var(--position)">75,255,211<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450.75pt;position:var(--position);top:43.5pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:37.54pt"></span></span><span style="left:40.17pt;position:var(--position)">58,595,436<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:361.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:361.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Dilutive impact of potential shares</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:57.75pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:72.54pt"></span></span><span style="left:75.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450.75pt;position:var(--position);top:57.75pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:72.54pt"></span></span><span style="left:75.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:361.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:361.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Weighted average shares outstanding - diluted</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:72.75pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:37.54pt"></span></span><span style="left:40.17pt;position:var(--position)">75,255,211<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450.75pt;position:var(--position);top:72.75pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:37.54pt"></span></span><span style="left:40.17pt;position:var(--position)">58,595,436<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:361.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:361.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Basic earnings (loss) per share</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:102.75pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:56.71pt"></span></span><span style="left:64.34pt;position:var(--position)">(2.13)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450.75pt;position:var(--position);top:102.75pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:56.71pt"></span></span><span style="left:64.34pt;position:var(--position)">(5.52)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117pt;width:361.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:361.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Diluted earnings (loss) per share</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:117pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:56.71pt"></span></span><span style="left:64.34pt;position:var(--position)">(2.13)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450.75pt;position:var(--position);top:117pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:56.71pt"></span></span><span style="left:64.34pt;position:var(--position)">(5.52)</span></span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:147pt;width:361.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:361.5pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Potentially dilutive shares</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:106.38pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:147pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.54pt"></span></span><span style="left:45.17pt;position:var(--position)">2,048,007<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450.75pt;position:var(--position);top:147pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.54pt"></span></span><span style="left:45.17pt;position:var(--position)">1,400,551<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:685.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:514.97pt">Share-based compensation awards excluded from the diluted EPS calculation because their effect would have been anti-dilutive.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.92pt">The following table presents the reconciliation of the numerators and denominators used in the calculation of basic and diluted EPS for</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:494.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:87.67pt">the periods presented:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:512.75pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:361.5pt"></td><td style="padding:0;width:89.25pt"></td><td style="padding:0;width:89.25pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);width:178.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:178.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:43.72pt;position:var(--position);text-decoration:none;white-space:pre">Three Months Ended</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:361.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:361.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands, except share and per share data)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:14.25pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:11.45pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450.75pt;position:var(--position);top:14.25pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:11.45pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:361.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:361.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net income (loss) attributable to DEC</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:29.25pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:41.71pt"></span></span><span style="left:49.34pt;position:var(--position)">(160,617)</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450.75pt;position:var(--position);top:29.25pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:41.71pt"></span></span><span style="left:49.34pt;position:var(--position)">(323,198)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:361.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:361.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Weighted average shares outstanding - basic</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:43.5pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:37.54pt"></span></span><span style="left:40.17pt;position:var(--position)">75,255,211<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450.75pt;position:var(--position);top:43.5pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:37.54pt"></span></span><span style="left:40.17pt;position:var(--position)">58,595,436<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:57.75pt;width:361.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:361.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Dilutive impact of potential shares</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:57.75pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:72.54pt"></span></span><span style="left:75.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450.75pt;position:var(--position);top:57.75pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:72.54pt"></span></span><span style="left:75.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:361.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:361.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Weighted average shares outstanding - diluted</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:72.75pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:37.54pt"></span></span><span style="left:40.17pt;position:var(--position)">75,255,211<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450.75pt;position:var(--position);top:72.75pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:37.54pt"></span></span><span style="left:40.17pt;position:var(--position)">58,595,436<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:361.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:361.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Basic earnings (loss) per share</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:102.75pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:56.71pt"></span></span><span style="left:64.34pt;position:var(--position)">(2.13)</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450.75pt;position:var(--position);top:102.75pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:56.71pt"></span></span><span style="left:64.34pt;position:var(--position)">(5.52)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117pt;width:361.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:361.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Diluted earnings (loss) per share</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:117pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:56.71pt"></span></span><span style="left:64.34pt;position:var(--position)">(2.13)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450.75pt;position:var(--position);top:117pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:56.71pt"></span></span><span style="left:64.34pt;position:var(--position)">(5.52)</span></span></div></div></div></td></tr><tr style="height:15.75pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:147pt;width:361.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:361.5pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);white-space:pre">Potentially dilutive shares</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:106.38pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:361.5pt;position:var(--position);top:147pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.54pt"></span></span><span style="left:45.17pt;position:var(--position)">2,048,007<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450.75pt;position:var(--position);top:147pt;width:89.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:89.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.54pt"></span></span><span style="left:45.17pt;position:var(--position)">1,400,551<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:685.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:514.97pt">Share-based compensation awards excluded from the diluted EPS calculation because their effect would have been anti-dilutive.</span></div> -160617000 -323198000 75255211 58595436 0 0 75255211 58595436 -2.13 -5.52 -2.13 -5.52 2048007 1400551 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:161.79pt">Note 5 - Natural Gas &amp; Oil Properties</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:63pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:409.66pt">The following table summarizes the Company's natural gas and oil properties for the period presented:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:81pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:440.25pt"></td><td style="padding:0;width:99.75pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:38.9pt;position:var(--position);text-decoration:none;white-space:pre">As of</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:14.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:16.7pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Costs</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:43.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:48.04pt"></span></span><span style="left:55.67pt;position:var(--position)">5,828,712<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:440.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Additions</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:54.050000000000004pt;position:var(--position);text-decoration:none;top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:58.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:65.54pt"></span></span><span style="left:68.17pt;position:var(--position)">41,892<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Disposals</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:73.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:74.71pt"></span></span><span style="left:77.33999999999999pt;position:var(--position)">(345)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:88.5pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:88.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:48.04pt"></span></span><span style="left:55.67pt;position:var(--position)">5,870,259<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Depletion and impairment</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:117pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:44.71pt"></span></span><span style="left:52.34pt;position:var(--position)">(1,320,953)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:132pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Depletion expense</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:132pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">(91,336)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:147pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:147pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:44.71pt"></span></span><span style="left:52.34pt;position:var(--position)">(1,412,289)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:161.25pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net book value</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:161.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:48.04pt"></span></span><span style="left:55.67pt;position:var(--position)">4,457,970<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:267.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:49.06pt">During the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:103.06pt;position:var(--position);text-decoration:none;white-space:pre;width:81.24pt">three months ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:184.3pt;position:var(--position);text-decoration:none;white-space:pre;width:3.99pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:188.29pt;position:var(--position);text-decoration:none;white-space:pre;width:67.13pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:255.42pt;position:var(--position);text-decoration:none;white-space:pre;width:320.46pt">, the Company’s additions were primarily due to development and recurring</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:279.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:83.78pt">capital expenditures.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:409.66pt">The following table summarizes the Company's natural gas and oil properties for the period presented:</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:81pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:440.25pt"></td><td style="padding:0;width:99.75pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:38.9pt;position:var(--position);text-decoration:none;white-space:pre">As of</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:14.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:16.7pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Costs</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:43.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:48.04pt"></span></span><span style="left:55.67pt;position:var(--position)">5,828,712<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:440.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Additions</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:54.050000000000004pt;position:var(--position);text-decoration:none;top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:58.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:65.54pt"></span></span><span style="left:68.17pt;position:var(--position)">41,892<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Disposals</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:73.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:74.71pt"></span></span><span style="left:77.33999999999999pt;position:var(--position)">(345)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:88.5pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:88.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:48.04pt"></span></span><span style="left:55.67pt;position:var(--position)">5,870,259<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Depletion and impairment</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Beginning balance</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:117pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:44.71pt"></span></span><span style="left:52.34pt;position:var(--position)">(1,320,953)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:132pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Depletion expense</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:132pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:62.21pt"></span></span><span style="left:64.84pt;position:var(--position)">(91,336)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:147pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Ending balance</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:147pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:44.71pt"></span></span><span style="left:52.34pt;position:var(--position)">(1,412,289)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:161.25pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net book value</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:161.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:48.04pt"></span></span><span style="left:55.67pt;position:var(--position)">4,457,970<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:267.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:49.06pt">During the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:103.06pt;position:var(--position);text-decoration:none;white-space:pre;width:81.24pt">three months ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:184.3pt;position:var(--position);text-decoration:none;white-space:pre;width:3.99pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:188.29pt;position:var(--position);text-decoration:none;white-space:pre;width:67.13pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:255.42pt;position:var(--position);text-decoration:none;white-space:pre;width:320.46pt">, the Company’s additions were primarily due to development and recurring</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:279.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:83.78pt">capital expenditures.</span></div> 5828712000 41892000 345000 5870259000 1320953000 91336000 1412289000 4457970000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:84.08pt">Note 6 - Derivatives</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:315.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.96pt">The Company faces volatility in market prices and basis differentials for natural gas, NGLs and oil, affecting the predictability of its</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:327.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.98pt">cash flows from commodity sales. Additionally, the Company’s cash flows related to interest payments on variable rate debt</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:339.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.84pt">obligations can be impacted by fluctuations in interest rate markets, depending on its debt structure. To manage these risks, the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:351.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:513.83pt">Company enters into derivative contracts primarily with major financial institutions and energy trading counterparties. As of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:549.83pt;position:var(--position);text-decoration:none;white-space:pre;width:26.08pt">March</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:363.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:35.44pt">31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:71.44pt;position:var(--position);text-decoration:none;white-space:pre;width:504.38pt">, these instruments included swaps, collars, basis swaps, and stand-alone put and call options. The Company does not intend</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:375.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.94pt">to hold or issue derivative financial instruments for speculative trading purposes and has elected not to designate any of its derivative</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:387.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:178.67pt">instruments for hedge accounting treatment. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:214.67pt;position:var(--position);text-decoration:none;white-space:pre;width:174.8pt">Below is a description of these instruments:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:405.5pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:57pt"></td><td style="padding:0;width:483pt"></td></tr><tr style="height:27pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Swaps:</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:57pt;position:var(--position);width:483pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.58pt">When the Company sells a swap, it agrees to receive a fixed price for the contract while paying a floating market price</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.21pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:15.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:78.23pt">to the counterparty;</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:80.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div></div></div></td></tr><tr style="height:126pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Collars:</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:57pt;position:var(--position);top:27pt;width:483pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.69pt">Arrangements that include a fixed floor price (purchased put option) and a fixed ceiling price (sold call option) based</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.32pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:15.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.57pt">on an index price have no net costs overall. At the contract settlement date, (1) when the index price is higher than the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.2pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:27.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.67pt">ceiling price, the Company pays the counterparty the difference between the index price and ceiling price, (2) when the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.3pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:39.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.64pt">index price is between the floor and ceiling prices, no payments are due from either party, and (3) when the index price</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.27pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:51.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:434.42pt">is below the floor price, the Company will receive the difference between the floor price and the index price.</span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:66.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.65pt">Some collar arrangements may also include a sold put option with a strike price below the purchased put option.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.28pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:78.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.66pt">Known as a three-way collar, the structure operates similarly to the standard collar. However, when the index price</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.29pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:90.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.6pt">settles below the sold put option, the Company pays the counterparty the difference between the index price and sold</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.23pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:102.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.65pt">put option, effectively enhancing realized pricing by the difference between the price of the sold and purchased put</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.28pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:114.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:32.2pt">options;</span></div></div></div></td></tr><tr style="height:39pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:153pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Basis </span></div><div style="line-height:10pt;position:var(--position);top:15.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">swaps:</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:57pt;position:var(--position);top:153pt;width:483pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.7pt">Arrangements that guarantee a price differential for commodities from a specified delivery point. When the Company</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:15.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.64pt">sells a basis swap, it receives a payment from the counterparty if the price differential exceeds the stated terms of the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.27pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:27.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:439.15pt">contract. Conversely, if the price differential is less than the stated terms, the Company pays the counterparty;</span></div></div></div></td></tr><tr style="height:75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:192pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Put </span></div><div style="line-height:10pt;position:var(--position);top:15.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">options:</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:57pt;position:var(--position);top:192pt;width:483pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.74pt">The Company purchases and sells put options in exchange for a premium. When the Company purchases a put option,</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:15.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.6pt">it receives from the counterparty the excess amount (if any) by which the market price falls below the strike price of</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.23pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:27.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.59pt">the put option at the time of settlement. If the market price is above the put option’s strike price, no payment is</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.21999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:39.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.73pt">required from either party. Conversely, when the Company sells a put option, it pays the counterparty the excess</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:51.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.61pt">amount (if any) by which the market price falls below the strike price of the put option at the time of settlement. If the</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.24pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:63.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:367.9pt">market price is above the put option’s strike price, no payment is required from either party;</span></div></div></div></td></tr><tr style="height:75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:267pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Call </span></div><div style="line-height:10pt;position:var(--position);top:15.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">options:</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:57pt;position:var(--position);top:267pt;width:483pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.58pt">The Company purchases and sells call options in exchange for a premium. When the Company purchases a call option,</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.21pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:15.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.6pt">it receives from the counterparty the excess amount (if any) by which the market price exceeds the strike price of the</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.23pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:27.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.72pt">call option at the time of settlement. If the market price is below the call option’s strike price, no payment is required</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:39.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.73pt">from either party. When the Company sells a call option, it pays the counterparty the excess amount (if any) by which</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:51.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.74pt">the market price exceeds the strike price of the call option at the time of settlement. If the market price is below the call</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:63.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:266.65pt">option’s strike price, no payment is required from either party; and</span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:45pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.96pt">The Company may elect to enter into offsetting transactions for the above instruments for the purpose of cancelling or terminating</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:57pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:68.25pt">certain positions.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:422.89pt">The following table summarizes the Company's calculated fair value of derivatives for the date presented:</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:93pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:360pt"></td><td style="padding:0;width:90pt"></td><td style="padding:0;width:90pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);width:180pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:180pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:44.6pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31, 2026</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands, except volume data)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:14.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:28.34pt;position:var(--position);text-decoration:none;white-space:pre">Volume</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:14.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:22.11pt;position:var(--position);text-decoration:none;white-space:pre">Fair Value</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Natural gas (Mmbtu)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Swaps</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:43.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:43.29pt"></span></span><span style="left:45.92pt;position:var(--position)">1,108,523<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:43.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(341,528)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Two-way collars</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:58.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">139,511<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:58.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">16,110<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Three-way collars</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:73.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">157,536<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:73.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(25,716)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:88.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">Stand-alone calls</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:83.14pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:88.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">72,876<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:88.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(76,127)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:103.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Basis swaps</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:103.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">780,181<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:103.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">4,395<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:118.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Purchased puts</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:118.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">7,978<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:118.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">2,234<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:133.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Sold puts</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:133.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">16,537<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:133.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:57.46pt"></span></span><span style="left:60.09pt;position:var(--position)">(3,356)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:148.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Total natural gas</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:148.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:43.29pt"></span></span><span style="left:45.92pt;position:var(--position)">2,283,142<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:148.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(423,988)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162.75pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">NGLs (MBbls)</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:177pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Swaps</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:177pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">24,519<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:177pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(107,932)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:192pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Stand-alone calls</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:192pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:68.29pt"></span></span><span style="left:70.92pt;position:var(--position)">688<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:192pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:57.46pt"></span></span><span style="left:60.09pt;position:var(--position)">(5,307)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:207pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Total NGLs</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:207pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">25,207<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:207pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(113,239)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:221.25pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Oil (MBbls)</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:235.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Swaps</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:235.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">24,418<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:235.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(186,496)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:250.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Three-way collars</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:250.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">3,473<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:250.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(18,906)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:265.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Sold calls</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:265.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">1,454<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:265.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(17,024)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:280.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Total oil</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:280.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">29,345<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:280.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(222,426)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:294.75pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:309pt;width:360pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">SOFR interest rate swap (</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.85pt;position:var(--position);text-decoration:none;white-space:pre">$5,520</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.35pt;position:var(--position);white-space:pre"> principal hedged, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:219.71pt;position:var(--position);text-decoration:none;white-space:pre">4.15%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.54pt;position:var(--position);white-space:pre"> fixed-rate)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:309pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:68.29pt"></span></span><span style="left:75.92pt;position:var(--position)">75<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:324pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Total interest</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:324pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:68.29pt"></span></span><span style="left:75.92pt;position:var(--position)">75<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:338.25pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total fair value of derivatives</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:338.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(759,578)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:456.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:39.12pt">Includes f</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:93.12pt;position:var(--position);text-decoration:none;white-space:pre;width:183.7pt">uture cash settlements for deferred premiums.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:276.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.79pt">Netting of derivative assets and liabilities is applied at each reporting date when a legal right of offset exists under a master netting</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.79pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:489pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.92pt">arrangement. The Company elected to present these derivative assets and liabilities on a net basis when these conditions are satisfied.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:501pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:328.76pt">The following table outlines the Company’s net derivatives for the date presented:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:519pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:539.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:226.5pt"></td><td style="padding:0;width:226.5pt"></td><td style="padding:0;width:86.25pt"></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:32.15pt;position:var(--position);text-decoration:none;white-space:pre">As of</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:15pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:15pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Consolidated Statement of Financial Position</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:15pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Assets:</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Current assets</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:43.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:43.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:54.67pt;position:var(--position)">76,946<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Noncurrent assets</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:58.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other assets</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:58.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.04pt"></span></span><span style="left:54.67pt;position:var(--position)">40,957<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:73.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:42.04pt"></span></span><span style="left:49.67pt;position:var(--position)">117,903<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Current liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:102pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:102pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:38.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(336,738)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Noncurrent liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:117pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:117pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:43.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(540,743)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:132pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:132pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:38.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(877,481)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:146.25pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net assets (liabilities):</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:160.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Net assets (liabilities) - current</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:160.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:160.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:38.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(259,792)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:175.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Net assets (liabilities) - noncurrent</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:175.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other assets / Derivatives</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:175.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:43.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(499,786)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:190.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total net assets (liabilities)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:190.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:38.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(759,578)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:45pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:513.91pt">The Company presents the fair value of derivative contracts on a net basis in the Consolidated Statement of Financial Position. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:549.91pt;position:var(--position);text-decoration:none;white-space:pre;width:26.08pt">Below</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:57pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:426.12pt">is the impact of this presentation on the Company’s recognized assets and liabilities for the date presented:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:75pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:280.5pt"></td><td style="padding:0;width:84.75pt"></td><td style="padding:0;width:90pt"></td><td style="padding:0;width:84.75pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);width:259.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:259.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:84.35pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31, 2026</span></div></div></div></td></tr><tr style="height:26.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:15.66pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:14.25pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:3.66pt;position:var(--position);text-decoration:none;white-space:pre">Presented without </span></div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:5.19pt;position:var(--position);text-decoration:none;white-space:pre">Effects of Netting</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:14.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:7.81pt;position:var(--position);text-decoration:none;white-space:pre">Effects of Netting</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:14.25pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:3.8pt;position:var(--position);text-decoration:none;white-space:pre">As Presented with </span></div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:5.19pt;position:var(--position);text-decoration:none;white-space:pre">Effects of Netting</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Current assets</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:40.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:40.54pt"></span></span><span style="left:48.17pt;position:var(--position)">114,177<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:40.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:47.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(37,231)</span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:40.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:45.54pt"></span></span><span style="left:53.17pt;position:var(--position)">76,946<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Noncurrent assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:55.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:45.54pt"></span></span><span style="left:48.17pt;position:var(--position)">233,122<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:55.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(192,165)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:55.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.54pt"></span></span><span style="left:53.17pt;position:var(--position)">40,957<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total assets</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:70.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:40.54pt"></span></span><span style="left:48.17pt;position:var(--position)">347,299<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:70.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(229,396)</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:70.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:40.54pt"></span></span><span style="left:48.17pt;position:var(--position)">117,903<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:84.75pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Current liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:84.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(373,969)</span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:84.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">37,231<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:84.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(336,738)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99.75pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Noncurrent liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:99.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(732,908)</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:99.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">192,165<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:99.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(540,743)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114.75pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:114.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:29.71pt"></span></span><span style="left:37.34pt;position:var(--position)">(1,106,877)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:114.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">229,396<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:114.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:37.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(877,481)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:129pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total net assets (liabilities)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:129pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:37.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(759,578)</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:129pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:68.29pt"></span></span><span style="left:75.92pt;position:var(--position)">—<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:129pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:37.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(759,578)</span></span></div></div></div></td></tr></tbody></table></div></div></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.9pt">The Company recorded the following gains (losses) on derivatives in the Consolidated Statement of Operations for the specified</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:243.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:32.19pt">periods:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:261.75pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:379.5pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);width:160.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:160.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:34.72pt;position:var(--position);text-decoration:none;white-space:pre">Three Months Ended</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:379.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:379.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:14.25pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:6.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:459.75pt;position:var(--position);top:14.25pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:6.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:379.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:379.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Net gain (loss) on commodity derivatives settlements</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:29.25pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:32.71pt"></span></span><span style="left:40.34pt;position:var(--position)">(150,499)</span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:459.75pt;position:var(--position);top:29.25pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:37.71pt"></span></span><span style="left:45.34pt;position:var(--position)">(52,271)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:44.25pt;width:379.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:379.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Net gain (loss) on interest rate swaps</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:44.25pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:63.54pt"></span></span><span style="left:66.17pt;position:var(--position)">20<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:459.75pt;position:var(--position);top:44.25pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:63.54pt"></span></span><span style="left:66.17pt;position:var(--position)">35<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:59.25pt;width:379.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:379.5pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total gain (loss) on settled derivatives</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:bold;left:163.34pt;position:var(--position);text-decoration:none;top:-2.369pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:59.25pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:32.71pt"></span></span><span style="left:40.34pt;position:var(--position)">(150,479)</span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:459.75pt;position:var(--position);top:59.25pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:37.71pt"></span></span><span style="left:45.34pt;position:var(--position)">(52,236)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:379.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:379.5pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Gain (loss) on fair value adjustments of unsettled derivatives</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:251.68pt;position:var(--position);text-decoration:none;top:-2.425pt;vertical-align:super;white-space:pre">(b)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:73.5pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:37.71pt"></span></span><span style="left:40.34pt;position:var(--position)">(397,904)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:459.75pt;position:var(--position);top:73.5pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:37.71pt"></span></span><span style="left:40.34pt;position:var(--position)">(232,048)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:88.5pt;width:379.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:379.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total gain (loss) on derivatives</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:88.5pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:32.71pt"></span></span><span style="left:40.34pt;position:var(--position)">(548,383)</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:459.75pt;position:var(--position);top:88.5pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:32.71pt"></span></span><span style="left:40.34pt;position:var(--position)">(284,284)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:375.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:322.37pt">Represents the cash settlement of derivatives that were settled during the period.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:390.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(b)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:501.05pt">Represents the change in fair value of derivatives, net of the carrying value of derivatives that were settled during the period.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:408.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.83pt">All derivatives are classified as Level 2 instruments under ASC 820, as their valuation relies on observable market inputs other than</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:420.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:58.55pt">quoted prices. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:94.55pt;position:var(--position);text-decoration:none;white-space:pre;width:248.82pt">For further details related to fair value measurements, refer to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:343.37pt;position:var(--position);text-decoration:none;white-space:pre;width:31.92pt">Note 11</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:375.29pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:292.32pt">Commodity Derivative Contract Modifications and Extinguishments</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:456.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.9pt">Occasionally, such as during the acquisition of producing assets, the completion of ABS financings, or in response to fluctuating price</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:468.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.98pt">environments, the Company may strategically modify, offset, terminate, or expand certain existing hedge positions. These</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:480.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:540pt">modifications can involve changes to the volume of production covered by contracts, the swap or strike price of specific derivative</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:576pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:492.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.98pt">contracts, and other similar aspects of the derivative agreements. The Company manages distinct, long-dated derivative contract</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:504.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">portfolios for its ABS financings and Term Loans. Additionally, the Company maintains a separate derivative contract portfolio for</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:516.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:540pt">assets secured by the Credit Facility. These derivative contract portfolios associated with the Company’s ABS financings, Term</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:576pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:528.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:364.01pt">Loans, and Credit Facility are presented in the Company’s Statement of Financial Position.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:164.04pt">2025 Modifications and Extinguishments</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:564.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.97pt">In February 2025, the Company adjusted portions of its commodity derivative portfolio across its legal entities for approximately</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:576.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:51.96pt">$150 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:87.96000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:487.95pt"> in connection with the completion of the ABS X financing arrangement. The Company made further adjustments to its</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:588.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:217.67pt">commodity derivative portfolio for approximately </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.67pt;position:var(--position);text-decoration:none;white-space:pre;width:49.43pt">$21 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:303.1pt;position:var(--position);text-decoration:none;white-space:pre;width:272.8pt"> for the retirement of the ABS I and Term Loan I financing</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:56.31pt">arrangements.</span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:214.67pt;position:var(--position);text-decoration:none;white-space:pre;width:174.8pt">Below is a description of these instruments:</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:405.5pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:57pt"></td><td style="padding:0;width:483pt"></td></tr><tr style="height:27pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Swaps:</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:57pt;position:var(--position);width:483pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.58pt">When the Company sells a swap, it agrees to receive a fixed price for the contract while paying a floating market price</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.21pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:15.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:78.23pt">to the counterparty;</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:80.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div></div></div></td></tr><tr style="height:126pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:27pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Collars:</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:57pt;position:var(--position);top:27pt;width:483pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.69pt">Arrangements that include a fixed floor price (purchased put option) and a fixed ceiling price (sold call option) based</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.32pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:15.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.57pt">on an index price have no net costs overall. At the contract settlement date, (1) when the index price is higher than the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.2pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:27.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.67pt">ceiling price, the Company pays the counterparty the difference between the index price and ceiling price, (2) when the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.3pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:39.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.64pt">index price is between the floor and ceiling prices, no payments are due from either party, and (3) when the index price</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.27pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:51.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:434.42pt">is below the floor price, the Company will receive the difference between the floor price and the index price.</span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:66.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.65pt">Some collar arrangements may also include a sold put option with a strike price below the purchased put option.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.28pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:78.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.66pt">Known as a three-way collar, the structure operates similarly to the standard collar. However, when the index price</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.29pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:90.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.6pt">settles below the sold put option, the Company pays the counterparty the difference between the index price and sold</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.23pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:102.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.65pt">put option, effectively enhancing realized pricing by the difference between the price of the sold and purchased put</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.28pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:114.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:32.2pt">options;</span></div></div></div></td></tr><tr style="height:39pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:153pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Basis </span></div><div style="line-height:10pt;position:var(--position);top:15.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">swaps:</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:57pt;position:var(--position);top:153pt;width:483pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.7pt">Arrangements that guarantee a price differential for commodities from a specified delivery point. When the Company</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.33pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:15.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.64pt">sells a basis swap, it receives a payment from the counterparty if the price differential exceeds the stated terms of the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.27pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:27.75pt;width:483pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:439.15pt">contract. Conversely, if the price differential is less than the stated terms, the Company pays the counterparty;</span></div></div></div></td></tr><tr style="height:75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:192pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Put </span></div><div style="line-height:10pt;position:var(--position);top:15.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">options:</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:57pt;position:var(--position);top:192pt;width:483pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.74pt">The Company purchases and sells put options in exchange for a premium. When the Company purchases a put option,</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:15.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.6pt">it receives from the counterparty the excess amount (if any) by which the market price falls below the strike price of</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.23pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:27.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.59pt">the put option at the time of settlement. If the market price is above the put option’s strike price, no payment is</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.21999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:39.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.73pt">required from either party. Conversely, when the Company sells a put option, it pays the counterparty the excess</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:51.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.61pt">amount (if any) by which the market price falls below the strike price of the put option at the time of settlement. If the</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.24pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:63.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:367.9pt">market price is above the put option’s strike price, no payment is required from either party;</span></div></div></div></td></tr><tr style="height:75pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:267pt;width:57pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Call </span></div><div style="line-height:10pt;position:var(--position);top:15.75pt;width:57pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">options:</span></div></div></div></td><td style="font-size:0;text-align:left;vertical-align:top"><div style="left:57pt;position:var(--position);top:267pt;width:483pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.58pt">The Company purchases and sells call options in exchange for a premium. When the Company purchases a call option,</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.21pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:15.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.6pt">it receives from the counterparty the excess amount (if any) by which the market price exceeds the strike price of the</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.23pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:27.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.72pt">call option at the time of settlement. If the market price is below the call option’s strike price, no payment is required</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:39.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.73pt">from either party. When the Company sells a call option, it pays the counterparty the excess amount (if any) by which</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.36pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:51.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:477.74pt">the market price exceeds the strike price of the call option at the time of settlement. If the market price is below the call</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.37pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:63.75pt;width:483pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:266.65pt">option’s strike price, no payment is required from either party; and</span></div></div></div></td></tr></tbody></table></div></div></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:422.89pt">The following table summarizes the Company's calculated fair value of derivatives for the date presented:</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:93pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:360pt"></td><td style="padding:0;width:90pt"></td><td style="padding:0;width:90pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);width:180pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:180pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:44.6pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31, 2026</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands, except volume data)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:14.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:28.34pt;position:var(--position);text-decoration:none;white-space:pre">Volume</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:14.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:22.11pt;position:var(--position);text-decoration:none;white-space:pre">Fair Value</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Natural gas (Mmbtu)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Swaps</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:43.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:43.29pt"></span></span><span style="left:45.92pt;position:var(--position)">1,108,523<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:43.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(341,528)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Two-way collars</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:58.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">139,511<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:58.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">16,110<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Three-way collars</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:73.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">157,536<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:73.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(25,716)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:88.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">Stand-alone calls</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:83.14pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:88.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">72,876<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:88.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(76,127)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:103.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Basis swaps</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:103.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">780,181<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:103.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">4,395<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:118.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Purchased puts</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:118.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">7,978<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:118.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">2,234<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:133.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Sold puts</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:133.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">16,537<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:133.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:57.46pt"></span></span><span style="left:60.09pt;position:var(--position)">(3,356)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:148.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Total natural gas</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:148.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:43.29pt"></span></span><span style="left:45.92pt;position:var(--position)">2,283,142<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:148.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(423,988)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162.75pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">NGLs (MBbls)</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:177pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Swaps</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:177pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">24,519<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:177pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(107,932)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:192pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Stand-alone calls</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:192pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:68.29pt"></span></span><span style="left:70.92pt;position:var(--position)">688<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:192pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:57.46pt"></span></span><span style="left:60.09pt;position:var(--position)">(5,307)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:207pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Total NGLs</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:207pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">25,207<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:207pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(113,239)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:221.25pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Oil (MBbls)</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:235.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Swaps</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:235.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">24,418<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:235.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(186,496)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:250.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Three-way collars</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:250.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">3,473<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:250.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(18,906)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:265.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);text-decoration:none;white-space:pre">Sold calls</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:265.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.79pt"></span></span><span style="left:63.42pt;position:var(--position)">1,454<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:265.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(17,024)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:280.5pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Total oil</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:280.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">29,345<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:280.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(222,426)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:294.75pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:309pt;width:360pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.42pt;width:360pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:14.63pt;position:var(--position);white-space:pre">SOFR interest rate swap (</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:117.85pt;position:var(--position);text-decoration:none;white-space:pre">$5,520</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.35pt;position:var(--position);white-space:pre"> principal hedged, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:219.71pt;position:var(--position);text-decoration:none;white-space:pre">4.15%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:245.54pt;position:var(--position);white-space:pre"> fixed-rate)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:309pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:68.29pt"></span></span><span style="left:75.92pt;position:var(--position)">75<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:324pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Total interest</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:324pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:68.29pt"></span></span><span style="left:75.92pt;position:var(--position)">75<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:338.25pt;width:360pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:360pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total fair value of derivatives</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:338.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(759,578)</span></span></div></div></div></td></tr></tbody></table></div></div></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:39.12pt">Includes f</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:93.12pt;position:var(--position);text-decoration:none;white-space:pre;width:183.7pt">uture cash settlements for deferred premiums.</span> 1108523 -341528000 139511 16110000 157536 -25716000 72876 -76127000 780181 4395000 7978 2234000 16537 -3356000 2283142 -423988000 24519 -107932000 688 -5307000 25207 -113239000 24418 -186496000 3473 -18906000 1454 -17024000 29345 -222426000 5520000 0.0415 75000 75000 -759578000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:328.76pt">The following table outlines the Company’s net derivatives for the date presented:</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:519pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:539.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:226.5pt"></td><td style="padding:0;width:226.5pt"></td><td style="padding:0;width:86.25pt"></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:32.15pt;position:var(--position);text-decoration:none;white-space:pre">As of</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:15pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:15pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Consolidated Statement of Financial Position</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:15pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Assets:</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Current assets</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:43.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:43.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:54.67pt;position:var(--position)">76,946<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Noncurrent assets</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:58.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other assets</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:58.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.04pt"></span></span><span style="left:54.67pt;position:var(--position)">40,957<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:73.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:42.04pt"></span></span><span style="left:49.67pt;position:var(--position)">117,903<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Current liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:102pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:102pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:38.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(336,738)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Noncurrent liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:117pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:117pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:43.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(540,743)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:132pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:132pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:38.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(877,481)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:146.25pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Net assets (liabilities):</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:160.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Net assets (liabilities) - current</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:160.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:160.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:38.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(259,792)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:175.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Net assets (liabilities) - noncurrent</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:226.5pt;position:var(--position);top:175.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Other assets / Derivatives</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:175.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:43.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(499,786)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:190.5pt;width:226.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:226.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total net assets (liabilities)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453pt;position:var(--position);top:190.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:38.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(759,578)</span></span></div></div></div></td></tr></tbody></table></div></div></div> 76946000 40957000 117903000 336738000 540743000 877481000 -259792000 -499786000 -759578000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:549.91pt;position:var(--position);text-decoration:none;white-space:pre;width:26.08pt">Below</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:57pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:426.12pt">is the impact of this presentation on the Company’s recognized assets and liabilities for the date presented:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:75pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:280.5pt"></td><td style="padding:0;width:84.75pt"></td><td style="padding:0;width:90pt"></td><td style="padding:0;width:84.75pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);width:259.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:259.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:84.35pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31, 2026</span></div></div></div></td></tr><tr style="height:26.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:15.66pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:14.25pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:3.66pt;position:var(--position);text-decoration:none;white-space:pre">Presented without </span></div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:5.19pt;position:var(--position);text-decoration:none;white-space:pre">Effects of Netting</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:14.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:7.81pt;position:var(--position);text-decoration:none;white-space:pre">Effects of Netting</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:14.25pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:3.8pt;position:var(--position);text-decoration:none;white-space:pre">As Presented with </span></div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:5.19pt;position:var(--position);text-decoration:none;white-space:pre">Effects of Netting</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Current assets</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:40.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:40.54pt"></span></span><span style="left:48.17pt;position:var(--position)">114,177<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:40.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:47.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(37,231)</span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:40.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:45.54pt"></span></span><span style="left:53.17pt;position:var(--position)">76,946<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Noncurrent assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:55.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:45.54pt"></span></span><span style="left:48.17pt;position:var(--position)">233,122<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:55.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(192,165)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:55.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.54pt"></span></span><span style="left:53.17pt;position:var(--position)">40,957<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total assets</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:70.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:40.54pt"></span></span><span style="left:48.17pt;position:var(--position)">347,299<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:70.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(229,396)</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:70.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:40.54pt"></span></span><span style="left:48.17pt;position:var(--position)">117,903<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:84.75pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Current liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:84.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(373,969)</span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:84.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">37,231<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:84.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(336,738)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99.75pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Noncurrent liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:99.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(732,908)</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:99.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">192,165<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:99.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(540,743)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114.75pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:114.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:29.71pt"></span></span><span style="left:37.34pt;position:var(--position)">(1,106,877)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:114.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">229,396<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:114.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:37.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(877,481)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:129pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total net assets (liabilities)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:129pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:37.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(759,578)</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:129pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:68.29pt"></span></span><span style="left:75.92pt;position:var(--position)">—<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:129pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:37.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(759,578)</span></span></div></div></div></td></tr></tbody></table></div></div></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:549.91pt;position:var(--position);text-decoration:none;white-space:pre;width:26.08pt">Below</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:57pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:426.12pt">is the impact of this presentation on the Company’s recognized assets and liabilities for the date presented:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:75pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:280.5pt"></td><td style="padding:0;width:84.75pt"></td><td style="padding:0;width:90pt"></td><td style="padding:0;width:84.75pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);width:259.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:259.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:84.35pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31, 2026</span></div></div></div></td></tr><tr style="height:26.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:15.66pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:14.25pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:3.66pt;position:var(--position);text-decoration:none;white-space:pre">Presented without </span></div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:5.19pt;position:var(--position);text-decoration:none;white-space:pre">Effects of Netting</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:14.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:7.81pt;position:var(--position);text-decoration:none;white-space:pre">Effects of Netting</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:14.25pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:3.8pt;position:var(--position);text-decoration:none;white-space:pre">As Presented with </span></div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:5.19pt;position:var(--position);text-decoration:none;white-space:pre">Effects of Netting</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:40.5pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Current assets</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:40.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:40.54pt"></span></span><span style="left:48.17pt;position:var(--position)">114,177<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:40.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:47.46pt"></span></span><span style="left:55.09pt;position:var(--position)">(37,231)</span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:40.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:45.54pt"></span></span><span style="left:53.17pt;position:var(--position)">76,946<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:55.5pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Noncurrent assets</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:55.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:45.54pt"></span></span><span style="left:48.17pt;position:var(--position)">233,122<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:55.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(192,165)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:55.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.54pt"></span></span><span style="left:53.17pt;position:var(--position)">40,957<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:70.5pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total assets</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:70.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:40.54pt"></span></span><span style="left:48.17pt;position:var(--position)">347,299<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:70.5pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:42.46pt"></span></span><span style="left:50.09pt;position:var(--position)">(229,396)</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:70.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:40.54pt"></span></span><span style="left:48.17pt;position:var(--position)">117,903<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:84.75pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Current liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:84.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(373,969)</span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:84.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">37,231<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:84.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(336,738)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:99.75pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Noncurrent liabilities</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:99.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(732,908)</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:99.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">192,165<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:99.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:42.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(540,743)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:114.75pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total liabilities</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:114.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:29.71pt"></span></span><span style="left:37.34pt;position:var(--position)">(1,106,877)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:114.75pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">229,396<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:114.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:37.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(877,481)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:129pt;width:280.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:280.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total net assets (liabilities)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:280.5pt;position:var(--position);top:129pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:37.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(759,578)</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:365.25pt;position:var(--position);top:129pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:68.29pt"></span></span><span style="left:75.92pt;position:var(--position)">—<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:129pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:37.21pt"></span></span><span style="left:44.84pt;position:var(--position)">(759,578)</span></span></div></div></div></td></tr></tbody></table></div></div></div> 114177000 37231000 76946000 233122000 192165000 40957000 347299000 229396000 117903000 373969000 37231000 336738000 732908000 192165000 540743000 1106877000 229396000 877481000 -759578000 -759578000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.9pt">The Company recorded the following gains (losses) on derivatives in the Consolidated Statement of Operations for the specified</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:243.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:32.19pt">periods:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:261.75pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:379.5pt"></td><td style="padding:0;width:80.25pt"></td><td style="padding:0;width:80.25pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);width:160.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:160.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:34.72pt;position:var(--position);text-decoration:none;white-space:pre">Three Months Ended</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:379.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:379.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:14.25pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:6.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:459.75pt;position:var(--position);top:14.25pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:6.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:379.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:379.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Net gain (loss) on commodity derivatives settlements</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:29.25pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:32.71pt"></span></span><span style="left:40.34pt;position:var(--position)">(150,499)</span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:459.75pt;position:var(--position);top:29.25pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:37.71pt"></span></span><span style="left:45.34pt;position:var(--position)">(52,271)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:44.25pt;width:379.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:379.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Net gain (loss) on interest rate swaps</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:44.25pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:63.54pt"></span></span><span style="left:66.17pt;position:var(--position)">20<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:459.75pt;position:var(--position);top:44.25pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:63.54pt"></span></span><span style="left:66.17pt;position:var(--position)">35<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:59.25pt;width:379.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:379.5pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total gain (loss) on settled derivatives</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:bold;left:163.34pt;position:var(--position);text-decoration:none;top:-2.369pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:59.25pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:32.71pt"></span></span><span style="left:40.34pt;position:var(--position)">(150,479)</span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:459.75pt;position:var(--position);top:59.25pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:37.71pt"></span></span><span style="left:45.34pt;position:var(--position)">(52,236)</span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:379.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:379.5pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Gain (loss) on fair value adjustments of unsettled derivatives</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:251.68pt;position:var(--position);text-decoration:none;top:-2.425pt;vertical-align:super;white-space:pre">(b)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:73.5pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:37.71pt"></span></span><span style="left:40.34pt;position:var(--position)">(397,904)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:459.75pt;position:var(--position);top:73.5pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:37.71pt"></span></span><span style="left:40.34pt;position:var(--position)">(232,048)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:88.5pt;width:379.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:379.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total gain (loss) on derivatives</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:379.5pt;position:var(--position);top:88.5pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:32.71pt"></span></span><span style="left:40.34pt;position:var(--position)">(548,383)</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:459.75pt;position:var(--position);top:88.5pt;width:80.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:80.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:32.71pt"></span></span><span style="left:40.34pt;position:var(--position)">(284,284)</span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:375.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:322.37pt">Represents the cash settlement of derivatives that were settled during the period.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:390.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(b)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:501.05pt">Represents the change in fair value of derivatives, net of the carrying value of derivatives that were settled during the period.</span></div> -150499000 -52271000 20000 35000 -150479000 -52236000 -397904000 -232048000 -548383000 -284284000 150000000 21000000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:125.48pt">Note 7 - Stockholders' Equity</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:636.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:170.89pt">The Company is authorized to issue up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.89pt;position:var(--position);text-decoration:none;white-space:pre;width:50pt">350,000,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.89pt;position:var(--position);text-decoration:none;white-space:pre;width:145.64pt"> shares of common stock, par value </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:402.53pt;position:var(--position);text-decoration:none;white-space:pre;width:22.5pt">$0.01</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.03pt;position:var(--position);text-decoration:none;white-space:pre;width:69.63pt"> per share. As of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:494.66pt;position:var(--position);text-decoration:none;white-space:pre;width:64.12pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:558.78pt;position:var(--position);text-decoration:none;white-space:pre;width:17.2pt"> and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:648.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:78.54pt">December 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.54pt;position:var(--position);text-decoration:none;white-space:pre;width:77.99pt">, the Company had </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.53pt;position:var(--position);text-decoration:none;white-space:pre;width:45pt">72,323,471</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.53pt;position:var(--position);text-decoration:none;white-space:pre;width:19.43pt"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:256.96000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:45pt">76,979,625</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:301.96pt;position:var(--position);text-decoration:none;white-space:pre;width:195.4pt"> shares of common stock issued and outstanding.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:666.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:150.64pt">The Company is authorized to issue </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:186.64pt;position:var(--position);text-decoration:none;white-space:pre;width:45pt">30,000,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:231.64pt;position:var(--position);text-decoration:none;white-space:pre;width:150.85pt"> shares of preferred stock, par value </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.49pt;position:var(--position);text-decoration:none;white-space:pre;width:22.5pt">$0.01</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:404.99pt;position:var(--position);text-decoration:none;white-space:pre;width:46.18pt"> per share. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.17pt;position:var(--position);text-decoration:none;white-space:pre;width:12.22pt">No</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:463.39pt;position:var(--position);text-decoration:none;white-space:pre;width:112.42pt"> preferred shares have been</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.81pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:678.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:102.13pt">issued or are outstanding.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:115.8pt">Issuance of Common Stock</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:63pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.89pt">In </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:47.89pt;position:var(--position);text-decoration:none;white-space:pre;width:49.64pt">March 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:97.53pt;position:var(--position);text-decoration:none;white-space:pre;width:478.46pt">, the Company announced the completion of its previously announced acquisition of Maverick. The transaction was</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:154.17pt">funded in part through the issuance of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:190.17pt;position:var(--position);text-decoration:none;white-space:pre;width:45pt">21,194,213</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.17pt;position:var(--position);text-decoration:none;white-space:pre;width:2.52pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.69pt;position:var(--position);text-decoration:none;white-space:pre;width:116.09pt">new shares of common stock</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:353.78pt;position:var(--position);text-decoration:none;white-space:pre;width:222.12pt"> directly to the unitholders of Maverick. The total value</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:87pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:126.73pt">of the stock consideration was </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:162.73000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:52pt">$253 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:214.73pt;position:var(--position);text-decoration:none;white-space:pre;width:129.78pt">, excluding transaction costs of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.51pt;position:var(--position);text-decoration:none;white-space:pre;width:49.5pt">$0.4 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:394.01pt;position:var(--position);text-decoration:none;white-space:pre;width:181.98pt">, based on the Company’s stock price on the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:218.92pt">NYSE on the closing date of the Maverick transaction.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:117pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.7pt">In </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:47.7pt;position:var(--position);text-decoration:none;white-space:pre;width:59.45pt">February 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.15pt;position:var(--position);text-decoration:none;white-space:pre;width:92.02pt">, the Company issued </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:199.17pt;position:var(--position);text-decoration:none;white-space:pre;width:40pt">8,500,000</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:239.17pt;position:var(--position);text-decoration:none;white-space:pre;width:3.37pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:242.54pt;position:var(--position);text-decoration:none;white-space:pre;width:119.49pt">new shares of common stock</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:362.03pt;position:var(--position);text-decoration:none;white-space:pre;width:13.94pt"> at </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:375.97pt;position:var(--position);text-decoration:none;white-space:pre;width:27.5pt">$14.50</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:403.47pt;position:var(--position);text-decoration:none;white-space:pre;width:152.37pt"> per share to raise gross proceeds of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:555.84pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">$123</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:129pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:28.85pt">million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:64.85pt;position:var(--position);text-decoration:none;white-space:pre;width:133.33pt">, excluding transaction costs of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:198.18pt;position:var(--position);text-decoration:none;white-space:pre;width:42.71pt">$6 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.89pt;position:var(--position);text-decoration:none;white-space:pre;width:335.07pt">. The Company used the net proceeds to repay a portion of the debt incurred in</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:141pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:168.4pt">connection with the Maverick acquisition.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:159pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:198.91pt">For further details related to acquisitions, refer to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:234.91pt;position:var(--position);text-decoration:none;white-space:pre;width:26.92pt">Note 2</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:261.83000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:65.78pt">Treasury Stock</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:195pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.95pt">The Company’s holdings in its own equity instruments are classified as treasury stock. The consideration paid, along with any directly</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:207pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.87pt">attributable incremental costs, is deducted from the Company’s stockholders’ equity until the shares are either cancelled or reissued.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:219pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:149.11pt">No gain or loss is recognized in the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:185.11pt;position:var(--position);text-decoration:none;white-space:pre;width:238.93pt">Consolidated Statements of Comprehensive Income (Loss)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:424.04pt;position:var(--position);text-decoration:none;white-space:pre;width:151.92pt"> upon the purchase, sale, issuance, or</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:231pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:119.83pt">cancellation of treasury stock.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:131.8pt">Employee Benefit Trust (“EBT”)</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:267pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:10.84pt">In </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:46.84pt;position:var(--position);text-decoration:none;white-space:pre;width:48.59pt">March 2022</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.43pt;position:var(--position);text-decoration:none;white-space:pre;width:480.45pt">, the Company established the EBT to benefit its employees. The Company provides funding to the EBT to facilitate the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:279pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.81pt">acquisition of shares. These shares are held in the EBT to fulfill awards and grants under the Company’s 2017 and 2025 Equity</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.81pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:291pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.9pt">Incentive Plans and the Employee Stock Purchase Plan (the “ESPP”). Shares held in the EBT are treated in the same manner as</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:303pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:175.72pt">treasury stock and are thus included in the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:211.72pt;position:var(--position);text-decoration:none;white-space:pre;width:187.41pt">Condensed Consolidated Financial Statements</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:399.13pt;position:var(--position);text-decoration:none;white-space:pre;width:76.49pt"> as treasury stock. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:475.62pt;position:var(--position);text-decoration:none;white-space:pre;width:12.22pt">No</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:487.84pt;position:var(--position);text-decoration:none;white-space:pre;width:88.07pt"> shares were acquired</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:315pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:92.36pt">by the EBT during the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:128.36pt;position:var(--position);text-decoration:none;white-space:pre;width:78.45pt">three months ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:206.81pt;position:var(--position);text-decoration:none;white-space:pre;width:2.6pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.41pt;position:var(--position);text-decoration:none;white-space:pre;width:63.78pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:273.19pt;position:var(--position);text-decoration:none;white-space:pre;width:19.63pt"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:292.82pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:312.82pt;position:var(--position);text-decoration:none;white-space:pre;width:5.1pt">. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.92pt;position:var(--position);text-decoration:none;white-space:pre;width:24.64pt">As of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:342.56pt;position:var(--position);text-decoration:none;white-space:pre;width:63.78pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:406.34pt;position:var(--position);text-decoration:none;white-space:pre;width:99.46pt">, the EBT held a total of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.8pt;position:var(--position);text-decoration:none;white-space:pre;width:40pt">1,671,493</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:545.8pt;position:var(--position);text-decoration:none;white-space:pre;width:30.07pt"> shares.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:327pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:256.34pt">For further details related to share-based compensation, refer to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:292.34pt;position:var(--position);text-decoration:none;white-space:pre;width:26.92pt">Note 8</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:319.26pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:109.9pt">Stock Repurchase Program</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:363pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:46.56pt">During the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:82.56pt;position:var(--position);text-decoration:none;white-space:pre;width:79.29pt">three months ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:161.85pt;position:var(--position);text-decoration:none;white-space:pre;width:3.02pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.87pt;position:var(--position);text-decoration:none;white-space:pre;width:64.62pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:229.49pt;position:var(--position);text-decoration:none;white-space:pre;width:113.91pt">, the Company repurchased </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:343.4pt;position:var(--position);text-decoration:none;white-space:pre;width:40pt">5,033,364</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:383.4pt;position:var(--position);text-decoration:none;white-space:pre;width:192.51pt"> shares of common stock at an average price of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:375pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:27.5pt">$14.20</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:63.5pt;position:var(--position);text-decoration:none;white-space:pre;width:142.23pt"> per share, amounting to a total of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:205.73pt;position:var(--position);text-decoration:none;white-space:pre;width:46.96pt">$71 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:252.69pt;position:var(--position);text-decoration:none;white-space:pre;width:73.14pt"> and representing </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:325.83pt;position:var(--position);text-decoration:none;white-space:pre;width:13.33pt">7%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:339.16pt;position:var(--position);text-decoration:none;white-space:pre;width:195.07pt"> of common stock issued and outstanding as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:534.23pt;position:var(--position);text-decoration:none;white-space:pre;width:41.69pt">March 31,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:387pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:56pt;position:var(--position);text-decoration:none;white-space:pre;width:51.09pt">. During the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:107.09pt;position:var(--position);text-decoration:none;white-space:pre;width:78.63pt">three months ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:185.72pt;position:var(--position);text-decoration:none;white-space:pre;width:2.69pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.41pt;position:var(--position);text-decoration:none;white-space:pre;width:63.96pt">March 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:252.37pt;position:var(--position);text-decoration:none;white-space:pre;width:112.59pt">, the Company repurchased </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:364.96pt;position:var(--position);text-decoration:none;white-space:pre;width:32.5pt">169,194</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:397.46pt;position:var(--position);text-decoration:none;white-space:pre;width:178.52pt"> shares of common stock at an average price</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:399pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:10.83pt">of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:46.83pt;position:var(--position);text-decoration:none;white-space:pre;width:27.5pt">$13.61</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:74.33pt;position:var(--position);text-decoration:none;white-space:pre;width:137.35pt"> per share, amounting to a total of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:211.68pt;position:var(--position);text-decoration:none;white-space:pre;width:41.35pt">$2 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:253.03pt;position:var(--position);text-decoration:none;white-space:pre;width:71.31pt"> and representing </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:324.34pt;position:var(--position);text-decoration:none;white-space:pre;width:20.83pt">0.2%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:345.17pt;position:var(--position);text-decoration:none;white-space:pre;width:189.58pt"> of common stock issued and outstanding as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:534.75pt;position:var(--position);text-decoration:none;white-space:pre;width:41.08pt">March 31,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:411pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:56pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:58.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:429pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.92pt">The Company has recorded the repurchase of these shares of common stock as a reduction in common stock and additional paid in</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:441pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:358.72pt">capital. All repurchased shares of common stock were cancelled upon repurchase. As of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:394.72pt;position:var(--position);text-decoration:none;white-space:pre;width:64.26pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:458.98pt;position:var(--position);text-decoration:none;white-space:pre;width:20.11pt"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.09pt;position:var(--position);text-decoration:none;white-space:pre;width:79.22pt">December 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:558.31pt;position:var(--position);text-decoration:none;white-space:pre;width:17.54pt">, the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:453pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:287.14pt">par value of the cancelled shares was retired from common stock in the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:323.14pt;position:var(--position);text-decoration:none;white-space:pre;width:162.86pt">Condensed Consolidated Balance Sheets</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:486pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:42.76pt">Dividends</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:489pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.93pt">Dividends are declared at the discretion of the Board of Directors and are subject to applicable law and contractual restrictions.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:501pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:440.63pt">Dividends are paid to holders of record as of the record date. Dividends are waived on shares held in the EBT.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:519pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.82pt">The Company’s ability to pay dividends is subject to certain restrictions under its Credit Facility and other debt agreements, which</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:531pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:375.36pt">may limit dividend payments based on leverage ratios and other financial covenants. Refer to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:411.36pt;position:var(--position);text-decoration:none;white-space:pre;width:31.92pt">Note 10</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:443.28pt;position:var(--position);text-decoration:none;white-space:pre;width:108.77pt"> for additional information.</span></div> 350000000 350000000 0.01 0.01 72323471 72323471 76979625 76979625 30000000 0.01 0 0 21194213 253000000 400000 8500000 14.50 123000000 6000000 0 0 1671493 5033364 14.20 71000000 0.07 169194 13.61 2000000 0.002 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:123.28pt">Note 8 - Compensation Plans</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:96.6pt">Equity Incentive Plans</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:585pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:491.92pt">The 2017 Equity Incentive Plan (the “2017 Plan”), as amended through April 9, 2025, authorized issuances up to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.9200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">10%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:546.25pt;position:var(--position);text-decoration:none;white-space:pre;width:29.71pt"> of the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:597pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:199.41pt">Company’s outstanding common stock and had </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.41pt;position:var(--position);text-decoration:none;white-space:pre;width:40pt">3,947,882</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:275.40999999999997pt;position:var(--position);text-decoration:none;white-space:pre;width:181.65pt"> shares subject to outstanding awards as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:457.06pt;position:var(--position);text-decoration:none;white-space:pre;width:81.94pt">November 21, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:539pt;position:var(--position);text-decoration:none;white-space:pre;width:36.95pt">. On that</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:609pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:459.05pt">date, the Company adopted the 2025 Equity Incentive Plan (the “2025 Plan”), which authorized and reserved </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:495.05pt;position:var(--position);text-decoration:none;white-space:pre;width:40pt">6,892,551</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:535.05pt;position:var(--position);text-decoration:none;white-space:pre;width:40.88pt"> shares of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:621pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:119.97pt">common stock, consisting of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:155.97pt;position:var(--position);text-decoration:none;white-space:pre;width:40pt">2,944,669</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.97pt;position:var(--position);text-decoration:none;white-space:pre;width:379.92pt"> newly authorized shares plus shares underlying outstanding awards under the 2017 Plan that</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:633pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">may become available upon forfeiture, cancellation, expiration, cash settlement, or withholding for taxes or exercise prices. Upon</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:645pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.99pt">adoption of the 2025 Plan, no further awards may be granted under the 2017 Plan, and only shares underlying awards outstanding as</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:657pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:10.91pt">of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:46.91pt;position:var(--position);text-decoration:none;white-space:pre;width:79.84pt">November 21, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:126.75pt;position:var(--position);text-decoration:none;white-space:pre;width:134.33pt"> may be issued thereunder. As of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:261.08000000000004pt;position:var(--position);text-decoration:none;white-space:pre;width:63.74pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:324.82pt;position:var(--position);text-decoration:none;white-space:pre;width:5.08pt">, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:329.9pt;position:var(--position);text-decoration:none;white-space:pre;width:40pt">1,463,725</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:369.9pt;position:var(--position);text-decoration:none;white-space:pre;width:205.95pt"> shares remained available for grant under the 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:669pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:226.13pt">Plan, under which all future equity awards will be made.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:51.36pt">RSU Awards</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:63pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:381.18pt">The following table summarizes RSU equity award activity for the respective period presented:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:81pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:340.5pt"></td><td style="padding:0;width:99.75pt"></td><td style="padding:0;width:99.75pt"></td></tr><tr style="height:38.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:27.83pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:11.01pt;position:var(--position);text-decoration:none;white-space:pre">Number of Shares</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:10.33pt;position:var(--position);text-decoration:none;white-space:pre">Weighted Average </span></div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:15.19pt;position:var(--position);text-decoration:none;white-space:pre">Grant Date Fair </span></div><div style="line-height:10pt;position:var(--position);top:27.83pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:15.18pt;position:var(--position);text-decoration:none;white-space:pre">Value per Share</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:38.25pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Balance as of December 31, 2025</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:38.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">1,970,907<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:38.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:65.54pt"></span></span><span style="left:73.17pt;position:var(--position)">12.17<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:52.5pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Granted</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:52.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">1,427,841<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:52.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:70.54pt"></span></span><span style="left:73.17pt;position:var(--position)">15.53<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:67.5pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Vested</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:67.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:57.21pt"></span></span><span style="left:59.84pt;position:var(--position)">(230,788)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:67.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:70.54pt"></span></span><span style="left:73.17pt;position:var(--position)">19.84<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:82.5pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Forfeited</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:82.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:83.04pt"></span></span><span style="left:85.67pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:82.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:83.04pt"></span></span><span style="left:85.67pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:97.5pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Balance as of March 31, 2026</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:97.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">3,167,960<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:97.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:65.54pt"></span></span><span style="left:73.17pt;position:var(--position)">13.12<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:203.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:23.32pt">Durin</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:59.32pt;position:var(--position);text-decoration:none;white-space:pre;width:22.52pt">g the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.84pt;position:var(--position);text-decoration:none;white-space:pre;width:78.57pt">three months ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.66pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.07pt;position:var(--position);text-decoration:none;white-space:pre;width:63.9pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.97pt;position:var(--position);text-decoration:none;white-space:pre;width:211.04pt">, the aggregate intrinsic value at date of vesting was </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:438.01pt;position:var(--position);text-decoration:none;white-space:pre;width:41.51pt">$3 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.52pt;position:var(--position);text-decoration:none;white-space:pre;width:29.92pt">. As of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:509.44pt;position:var(--position);text-decoration:none;white-space:pre;width:63.9pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:573.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:215.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:77.07pt">the Company had </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.07pt;position:var(--position);text-decoration:none;white-space:pre;width:47.71pt">$32 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.78pt;position:var(--position);text-decoration:none;white-space:pre;width:146.95pt"> of unrecognized share-based comp</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.73pt;position:var(--position);text-decoration:none;white-space:pre;width:268.27pt">ensation expense related to RSUs that will be recognized over a</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:576pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:227.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:111.53pt">weighted average period of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.53pt;position:var(--position);text-decoration:none;white-space:pre;width:36.08pt">1.8 years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:183.61pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:186.11pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:245.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.89pt">RSUs can vest either on a cliff basis or ratably, depending on the service conditions. The fair value of the Company’s RSUs is</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:257.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.99pt">calculated using the closing price of our common stock on the NYSE at the grant date. This value is then expensed uniformly over the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:269.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:59.39pt">vesting period.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:51.36pt">PSU Awards</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:305.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:337.1pt">The following table summarizes PSU equity award activity for the period presented:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:323.75pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:340.5pt"></td><td style="padding:0;width:99.75pt"></td><td style="padding:0;width:99.75pt"></td></tr><tr style="height:39pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:28.58pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:11.01pt;position:var(--position);text-decoration:none;white-space:pre">Number of Shares</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:10.33pt;position:var(--position);text-decoration:none;white-space:pre">Weighted Average </span></div><div style="line-height:10pt;position:var(--position);top:16.58pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:15.19pt;position:var(--position);text-decoration:none;white-space:pre">Grant Date Fair </span></div><div style="line-height:10pt;position:var(--position);top:28.58pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:15.18pt;position:var(--position);text-decoration:none;white-space:pre">Value per Share</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:39pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Balance as of December 31, 2025</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:39pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">1,306,690<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:39pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:65.54pt"></span></span><span style="left:73.17pt;position:var(--position)">11.68<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:53.25pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Granted</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:53.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.54pt"></span></span><span style="left:63.17pt;position:var(--position)">282,871<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:53.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:70.54pt"></span></span><span style="left:73.17pt;position:var(--position)">32.25<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:67.5pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Vested</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:67.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:57.21pt"></span></span><span style="left:59.84pt;position:var(--position)">(286,992)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:67.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:70.54pt"></span></span><span style="left:73.17pt;position:var(--position)">16.06<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:81.75pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Forfeited</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:81.75pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:83.04pt"></span></span><span style="left:85.67pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:81.75pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:83.04pt"></span></span><span style="left:85.67pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:96pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Balance as of March 31, 2026</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:96pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">1,302,569<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:96pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:65.54pt"></span></span><span style="left:73.17pt;position:var(--position)">15.18<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:445pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:45.84pt">During the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.84pt;position:var(--position);text-decoration:none;white-space:pre;width:78.57pt">three months ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:160.41pt;position:var(--position);text-decoration:none;white-space:pre;width:2.66pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:163.07pt;position:var(--position);text-decoration:none;white-space:pre;width:63.9pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:226.97pt;position:var(--position);text-decoration:none;white-space:pre;width:211.04pt">, the aggregate intrinsic value at date of vesting was </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:438.01pt;position:var(--position);text-decoration:none;white-space:pre;width:41.51pt">$2 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:479.52pt;position:var(--position);text-decoration:none;white-space:pre;width:5.16pt">. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:484.68pt;position:var(--position);text-decoration:none;white-space:pre;width:24.76pt">As of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:509.44pt;position:var(--position);text-decoration:none;white-space:pre;width:63.9pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:573.34pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:457pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:77.25pt">the Company had </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.25pt;position:var(--position);text-decoration:none;white-space:pre;width:47.77pt">$13 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:161.01999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:414.96pt"> of unrecognized share-based compensation expense related to PSUs that will be recognized over a</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:469pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:111.53pt">weighted average period of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.53pt;position:var(--position);text-decoration:none;white-space:pre;width:36.08pt">1.8 years</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:183.61pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:186.11pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:487pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:325.81pt">PSUs are subject to cliff vesting based on specific performance criteria over a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.81pt;position:var(--position);text-decoration:none;white-space:pre;width:19.96pt">three</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:381.77pt;position:var(--position);text-decoration:none;white-space:pre;width:20.52pt">-year</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:402.29pt;position:var(--position);text-decoration:none;white-space:pre;width:173.69pt"> period. Depending on the achievement of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:499pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:300.75pt">these performance targets, the number of units that will vest can vary from </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:336.75pt;position:var(--position);text-decoration:none;white-space:pre;width:13.33pt">0%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:350.08pt;position:var(--position);text-decoration:none;white-space:pre;width:12.77pt"> to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:362.85pt;position:var(--position);text-decoration:none;white-space:pre;width:23.33pt">250%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:386.18pt;position:var(--position);text-decoration:none;white-space:pre;width:80.72pt"> of the initial award.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:517pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.99pt">The fair value of the Company’s PSUs is determined using a Monte Carlo simulation model as of the grant date. This calculated fair</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:529pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:235.95pt">value is then expensed uniformly over the vesting period. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:271.95pt;position:var(--position);text-decoration:none;white-space:pre;width:5.56pt">F</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:277.51pt;position:var(--position);text-decoration:none;white-space:pre;width:298.44pt">or PSUs granted during the respective periods presented, the inputs to the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:541pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:173.98pt">Monte Carlo model included the following:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:559pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:367.5pt"></td><td style="padding:0;width:86.25pt"></td><td style="padding:0;width:86.25pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);width:172.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:172.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:40.72pt;position:var(--position);text-decoration:none;white-space:pre">Three Months Ended</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:14.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:14.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:28.5pt;width:367.5pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:367.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:97.35pt">Risk-free rate of interest</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:28.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:33.65pt;position:var(--position);text-decoration:none;white-space:pre">3.8%</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:28.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:33.65pt;position:var(--position);text-decoration:none;white-space:pre">3.8%</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:367.5pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:367.5pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:38.27pt">Volatility</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:40.900000000000006pt;position:var(--position);text-decoration:none;top:-2.425pt;vertical-align:super;white-space:pre;width:7.2pt">(a)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:43.5pt;width:86.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">17.2%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36.46pt;position:var(--position);text-decoration:none;white-space:pre"> - </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:44.79pt;position:var(--position);text-decoration:none;white-space:pre">217.8%</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:43.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:34.9pt;position:var(--position);text-decoration:none;white-space:pre">42%</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:367.5pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:367.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:164.26pt">Correlation with comparator group range</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:58.5pt;width:86.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:18.96pt;position:var(--position);text-decoration:none;white-space:pre">0.002</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.46pt;position:var(--position);text-decoration:none;white-space:pre"> - </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.79pt;position:var(--position);text-decoration:none;white-space:pre">0.47</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:58.5pt;width:86.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.46pt;position:var(--position);text-decoration:none;white-space:pre">0.14</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:38.96pt;position:var(--position);text-decoration:none;white-space:pre"> - </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:47.29pt;position:var(--position);text-decoration:none;white-space:pre">0.33</span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:643.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:288.53pt">Volatility utilizes the historical volatility for the Company’s share price.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:156.03pt">Share-Based Compensation Expense</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:63pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:418.37pt">The following table presents the share-based compensation expense for the respective periods presented:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:81pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:367.5pt"></td><td style="padding:0;width:86.25pt"></td><td style="padding:0;width:86.25pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);width:172.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:172.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:40.72pt;position:var(--position);text-decoration:none;white-space:pre">Three Months Ended</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:367.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:367.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:14.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:14.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:367.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:367.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">RSUs</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:29.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:52.04pt"></span></span><span style="left:59.67pt;position:var(--position)">3,204<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:29.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:52.04pt"></span></span><span style="left:59.67pt;position:var(--position)">1,054<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:44.25pt;width:367.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:367.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">PSUs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:44.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:57.04pt"></span></span><span style="left:59.67pt;position:var(--position)">1,244<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:44.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:64.54pt"></span></span><span style="left:67.17pt;position:var(--position)">771<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:59.25pt;width:367.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:367.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">ESPP</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:59.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:69.54pt"></span></span><span style="left:72.17pt;position:var(--position)">26<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:59.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:69.54pt"></span></span><span style="left:72.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:74.25pt;width:367.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:367.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total share-based compensation expense</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:74.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:52.04pt"></span></span><span style="left:59.67pt;position:var(--position)">4,474<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:74.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:52.04pt"></span></span><span style="left:59.67pt;position:var(--position)">1,825<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 0.10 3947882 6892551 6892551 2944669 1463725 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:381.18pt">The following table summarizes RSU equity award activity for the respective period presented:</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:81pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:340.5pt"></td><td style="padding:0;width:99.75pt"></td><td style="padding:0;width:99.75pt"></td></tr><tr style="height:38.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:27.83pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:11.01pt;position:var(--position);text-decoration:none;white-space:pre">Number of Shares</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:10.33pt;position:var(--position);text-decoration:none;white-space:pre">Weighted Average </span></div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:15.19pt;position:var(--position);text-decoration:none;white-space:pre">Grant Date Fair </span></div><div style="line-height:10pt;position:var(--position);top:27.83pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:15.18pt;position:var(--position);text-decoration:none;white-space:pre">Value per Share</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:38.25pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Balance as of December 31, 2025</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:38.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">1,970,907<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:38.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:65.54pt"></span></span><span style="left:73.17pt;position:var(--position)">12.17<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:52.5pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Granted</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:52.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">1,427,841<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:52.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:70.54pt"></span></span><span style="left:73.17pt;position:var(--position)">15.53<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:67.5pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Vested</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:67.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:57.21pt"></span></span><span style="left:59.84pt;position:var(--position)">(230,788)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:67.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:70.54pt"></span></span><span style="left:73.17pt;position:var(--position)">19.84<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:82.5pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Forfeited</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:82.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:83.04pt"></span></span><span style="left:85.67pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:82.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:83.04pt"></span></span><span style="left:85.67pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:97.5pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Balance as of March 31, 2026</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:97.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">3,167,960<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:97.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:65.54pt"></span></span><span style="left:73.17pt;position:var(--position)">13.12<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 1970907 12.17 1427841 15.53 230788 19.84 0 0 3167960 13.12 3000000 32000000 P1Y9M18D <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:337.1pt">The following table summarizes PSU equity award activity for the period presented:</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:323.75pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:340.5pt"></td><td style="padding:0;width:99.75pt"></td><td style="padding:0;width:99.75pt"></td></tr><tr style="height:39pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:28.58pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:11.01pt;position:var(--position);text-decoration:none;white-space:pre">Number of Shares</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:10.33pt;position:var(--position);text-decoration:none;white-space:pre">Weighted Average </span></div><div style="line-height:10pt;position:var(--position);top:16.58pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:15.19pt;position:var(--position);text-decoration:none;white-space:pre">Grant Date Fair </span></div><div style="line-height:10pt;position:var(--position);top:28.58pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:15.18pt;position:var(--position);text-decoration:none;white-space:pre">Value per Share</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:39pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Balance as of December 31, 2025</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:39pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">1,306,690<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:39pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:65.54pt"></span></span><span style="left:73.17pt;position:var(--position)">11.68<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:53.25pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Granted</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:53.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:60.54pt"></span></span><span style="left:63.17pt;position:var(--position)">282,871<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:53.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:70.54pt"></span></span><span style="left:73.17pt;position:var(--position)">32.25<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:67.5pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Vested</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:67.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:57.21pt"></span></span><span style="left:59.84pt;position:var(--position)">(286,992)</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:67.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:70.54pt"></span></span><span style="left:73.17pt;position:var(--position)">16.06<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:81.75pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Forfeited</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:81.75pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:83.04pt"></span></span><span style="left:85.67pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:81.75pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:83.04pt"></span></span><span style="left:85.67pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:96pt;width:340.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:340.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Balance as of March 31, 2026</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:340.5pt;position:var(--position);top:96pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:53.04pt"></span></span><span style="left:55.67pt;position:var(--position)">1,302,569<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:96pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:65.54pt"></span></span><span style="left:73.17pt;position:var(--position)">15.18<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 1306690 11.68 282871 32.25 286992 16.06 0 0 1302569 15.18 2000000 13000000 P1Y9M18D P3Y 0 2.50 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.99pt">The fair value of the Company’s PSUs is determined using a Monte Carlo simulation model as of the grant date. This calculated fair</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:529pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:235.95pt">value is then expensed uniformly over the vesting period. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:271.95pt;position:var(--position);text-decoration:none;white-space:pre;width:5.56pt">F</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:277.51pt;position:var(--position);text-decoration:none;white-space:pre;width:298.44pt">or PSUs granted during the respective periods presented, the inputs to the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:541pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:173.98pt">Monte Carlo model included the following:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:559pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:367.5pt"></td><td style="padding:0;width:86.25pt"></td><td style="padding:0;width:86.25pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);width:172.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:172.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:40.72pt;position:var(--position);text-decoration:none;white-space:pre">Three Months Ended</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:14.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:14.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:28.5pt;width:367.5pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:367.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:97.35pt">Risk-free rate of interest</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:28.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:33.65pt;position:var(--position);text-decoration:none;white-space:pre">3.8%</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:28.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:33.65pt;position:var(--position);text-decoration:none;white-space:pre">3.8%</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:367.5pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:367.5pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:38.27pt">Volatility</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:40.900000000000006pt;position:var(--position);text-decoration:none;top:-2.425pt;vertical-align:super;white-space:pre;width:7.2pt">(a)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:43.5pt;width:86.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:10.63pt;position:var(--position);text-decoration:none;white-space:pre">17.2%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36.46pt;position:var(--position);text-decoration:none;white-space:pre"> - </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:44.79pt;position:var(--position);text-decoration:none;white-space:pre">217.8%</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:43.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:34.9pt;position:var(--position);text-decoration:none;white-space:pre">42%</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:367.5pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:367.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:164.26pt">Correlation with comparator group range</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:58.5pt;width:86.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:18.96pt;position:var(--position);text-decoration:none;white-space:pre">0.002</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:41.46pt;position:var(--position);text-decoration:none;white-space:pre"> - </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.79pt;position:var(--position);text-decoration:none;white-space:pre">0.47</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:58.5pt;width:86.25pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:21.46pt;position:var(--position);text-decoration:none;white-space:pre">0.14</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:38.96pt;position:var(--position);text-decoration:none;white-space:pre"> - </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:47.29pt;position:var(--position);text-decoration:none;white-space:pre">0.33</span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:643.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:288.53pt">Volatility utilizes the historical volatility for the Company’s share price.</span></div> 0.038 0.038 0.172 2.178 0.42 0.002 0.47 0.14 0.33 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:418.37pt">The following table presents the share-based compensation expense for the respective periods presented:</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:81pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:367.5pt"></td><td style="padding:0;width:86.25pt"></td><td style="padding:0;width:86.25pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);width:172.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:172.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:40.72pt;position:var(--position);text-decoration:none;white-space:pre">Three Months Ended</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:367.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:367.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:14.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:14.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:367.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:367.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">RSUs</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:29.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:52.04pt"></span></span><span style="left:59.67pt;position:var(--position)">3,204<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:29.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:52.04pt"></span></span><span style="left:59.67pt;position:var(--position)">1,054<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:44.25pt;width:367.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:367.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">PSUs</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:44.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:57.04pt"></span></span><span style="left:59.67pt;position:var(--position)">1,244<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:44.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:64.54pt"></span></span><span style="left:67.17pt;position:var(--position)">771<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:59.25pt;width:367.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:367.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">ESPP</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:59.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:69.54pt"></span></span><span style="left:72.17pt;position:var(--position)">26<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:59.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:69.54pt"></span></span><span style="left:72.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:74.25pt;width:367.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:367.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total share-based compensation expense</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:367.5pt;position:var(--position);top:74.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:52.04pt"></span></span><span style="left:59.67pt;position:var(--position)">4,474<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:74.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:52.04pt"></span></span><span style="left:59.67pt;position:var(--position)">1,825<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 3204000 1054000 1244000 771000 26000 0 4474000 1825000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:161.25pt">Note 9 - Asset Retirement Obligations</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:198.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">The Company records a liability for the present value of the estimated future decommissioning costs associated with its natural gas</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:210.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.85pt">and oil properties. Additionally, the Company records a liability for the future decommissioning costs of its production facilities and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:222.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:302.63pt">pipelines when required by contract, statute, or legal obligation. For the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:338.63pt;position:var(--position);text-decoration:none;white-space:pre;width:80.81pt">three months ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.44pt;position:var(--position);text-decoration:none;white-space:pre;width:3.78pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:423.22pt;position:var(--position);text-decoration:none;white-space:pre;width:66.14pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:489.36pt;position:var(--position);text-decoration:none;white-space:pre;width:86.49pt">, no state contractual</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:234.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:514.31pt">agreements or statutes related to production facilities and pipelines are expected to impose material obligations on the Company.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:252.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">In estimating the present value of future decommissioning costs for its natural gas and oil properties, the Company considers several</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:264.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.89pt">factors, including the number and state jurisdictions of wells, current decommissioning costs by state and well type, and the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:276.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.83pt">Company’s retirement plan, which is based on state requirements and the Company’s capacity to retire wells over their productive</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:288.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.97pt">lives. The Company’s assumptions are grounded in the current economic environment and are believed to provide a reasonable basis</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:300.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.91pt">for estimating the future liability. However, actual decommissioning costs will ultimately depend on future market prices at the time</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:312.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.89pt">the decommissioning services are performed. Additionally, the timing of decommissioning will vary based on when the fields cease to</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:324.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.83pt">produce economically, which is influenced by future natural gas and oil prices and the retirement schedule. These factors are</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:336.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:82.66pt">inherently uncertain.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:354.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">The Company incorporates annual inflationary cost increases into its current cost expectations and then discounts the resulting cash</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:366.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:207.81pt">flows using a credit-adjusted risk-free discount rate.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.81pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:384.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:437.23pt">The components of the change in our asset retirement obligations are detailed below for the period presented:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:402.5pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:440.25pt"></td><td style="padding:0;width:99.75pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:4.35pt;position:var(--position);text-decoration:none;white-space:pre">Three Months Ended</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:14.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:16.7pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:130.47pt">Balance at beginning of period</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:29.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:55.54pt"></span></span><span style="left:63.17pt;position:var(--position)">888,698<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:44.25pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accretion expense</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:44.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:65.54pt"></span></span><span style="left:68.17pt;position:var(--position)">13,248<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:59.25pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Asset retirement costs</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:59.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:67.21pt"></span></span><span style="left:69.83999999999999pt;position:var(--position)">(5,645)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:74.25pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:103.81pt">Balance at end of period</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:74.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:55.54pt"></span></span><span style="left:63.17pt;position:var(--position)">896,301<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:88.5pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: Current asset retirement obligations</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:88.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:65.54pt"></span></span><span style="left:68.17pt;position:var(--position)">26,258<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:103.5pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:170.11pt">Noncurrent asset retirement obligations</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:103.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:55.54pt"></span></span><span style="left:63.17pt;position:var(--position)">870,043<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">The Company records a liability for the present value of the estimated future decommissioning costs associated with its natural gas</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:210.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.85pt">and oil properties. Additionally, the Company records a liability for the future decommissioning costs of its production facilities and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:222.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:302.63pt">pipelines when required by contract, statute, or legal obligation. For the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:338.63pt;position:var(--position);text-decoration:none;white-space:pre;width:80.81pt">three months ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:419.44pt;position:var(--position);text-decoration:none;white-space:pre;width:3.78pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:423.22pt;position:var(--position);text-decoration:none;white-space:pre;width:66.14pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:489.36pt;position:var(--position);text-decoration:none;white-space:pre;width:86.49pt">, no state contractual</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:234.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:514.31pt">agreements or statutes related to production facilities and pipelines are expected to impose material obligations on the Company.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:550.31pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:252.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">In estimating the present value of future decommissioning costs for its natural gas and oil properties, the Company considers several</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:264.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.89pt">factors, including the number and state jurisdictions of wells, current decommissioning costs by state and well type, and the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:276.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.83pt">Company’s retirement plan, which is based on state requirements and the Company’s capacity to retire wells over their productive</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:288.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.97pt">lives. The Company’s assumptions are grounded in the current economic environment and are believed to provide a reasonable basis</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:300.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.91pt">for estimating the future liability. However, actual decommissioning costs will ultimately depend on future market prices at the time</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:312.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.89pt">the decommissioning services are performed. Additionally, the timing of decommissioning will vary based on when the fields cease to</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:324.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.83pt">produce economically, which is influenced by future natural gas and oil prices and the retirement schedule. These factors are</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:336.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:82.66pt">inherently uncertain.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:354.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">The Company incorporates annual inflationary cost increases into its current cost expectations and then discounts the resulting cash</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:207.81pt">flows using a credit-adjusted risk-free discount rate.</span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:437.23pt">The components of the change in our asset retirement obligations are detailed below for the period presented:</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:402.5pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:440.25pt"></td><td style="padding:0;width:99.75pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:4.35pt;position:var(--position);text-decoration:none;white-space:pre">Three Months Ended</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:14.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:16.7pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:130.47pt">Balance at beginning of period</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:29.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:55.54pt"></span></span><span style="left:63.17pt;position:var(--position)">888,698<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:44.25pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Accretion expense</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:44.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:65.54pt"></span></span><span style="left:68.17pt;position:var(--position)">13,248<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:59.25pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Asset retirement costs</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:59.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:67.21pt"></span></span><span style="left:69.83999999999999pt;position:var(--position)">(5,645)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:74.25pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:103.81pt">Balance at end of period</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:74.25pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:55.54pt"></span></span><span style="left:63.17pt;position:var(--position)">896,301<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:88.5pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: Current asset retirement obligations</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:88.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:65.54pt"></span></span><span style="left:68.17pt;position:var(--position)">26,258<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:103.5pt;width:440.25pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:440.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:170.11pt">Noncurrent asset retirement obligations</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:440.25pt;position:var(--position);top:103.5pt;width:99.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:99.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:55.54pt"></span></span><span style="left:63.17pt;position:var(--position)">870,043<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 888698000 13248000 5645000 896301000 26258000 870043000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:90.77pt">Note 10 - Borrowings</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:63pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:404.09pt">The Company’s borrowings consist of the following amounts (in thousands) as of the date presented:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:81pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:183pt"></td><td style="padding:0;width:69pt"></td><td style="padding:0;width:201.75pt"></td><td style="padding:0;width:86.25pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:33.09pt;position:var(--position);text-decoration:none;white-space:pre">As of</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:183pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:183pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Instrument</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:14.25pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest Rate</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:14.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:28.5pt;width:183pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:183pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Credit Facility</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:28.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">6.73<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:252pt;position:var(--position);top:28.5pt;width:201.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:201.75pt"><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:28.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:42.04pt"></span></span><span style="left:49.67pt;position:var(--position)">314,600<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:183pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:183pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">ABS IV Notes, due </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.86pt;position:var(--position);text-decoration:none;white-space:pre">February 2037</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:43.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">4.95<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:43.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.04pt"></span></span><span style="left:54.67pt;position:var(--position)">61,015<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:183pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:183pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">ABS VI Notes, due </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.86pt;position:var(--position);text-decoration:none;white-space:pre">November 2039</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:58.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">7.50<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:58.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:49.67pt;position:var(--position)">180,656<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:183pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:183pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">ABS VIII Notes, due </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.52pt;position:var(--position);text-decoration:none;white-space:pre">May 2044</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:73.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">7.28<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:73.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:49.67pt;position:var(--position)">537,213<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:88.5pt;width:183pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:183pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">ABS IX Notes, due </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.86pt;position:var(--position);text-decoration:none;white-space:pre">September 2044</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:88.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">6.89<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:88.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.04pt"></span></span><span style="left:54.67pt;position:var(--position)">64,767<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:103.5pt;width:183pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.42pt;width:183pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">ABS X Notes, due </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.53pt;position:var(--position);text-decoration:none;white-space:pre">February 2045</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:103.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">7.07<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:103.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:49.67pt;position:var(--position)">475,106<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:118.5pt;width:183pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.42pt;width:183pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">ABS XI Notes, due </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.86pt;position:var(--position);text-decoration:none;white-space:pre">November 2045</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:118.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">6.61<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:118.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:49.67pt;position:var(--position)">379,143<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:133.5pt;width:183pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.42pt;width:183pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">ABS Maverick Notes, due </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.58999999999999pt;position:var(--position);text-decoration:none;white-space:pre">December 2038</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:133.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">9.10<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:133.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:49.67pt;position:var(--position)">384,315<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:148.5pt;width:183pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.42pt;width:183pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Nordic Bonds, due </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:86.36pt;position:var(--position);text-decoration:none;white-space:pre">April 2029</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:148.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">9.75<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:148.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:49.67pt;position:var(--position)">500,000<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:163.5pt;width:252pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:252pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Other miscellaneous borrowings</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:138.5pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(b)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:163.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.04pt"></span></span><span style="left:54.67pt;position:var(--position)">32,359<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:178.5pt;width:252pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:252pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total borrowings</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:178.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">2,929,174<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td colspan="2" style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:192.75pt;width:252pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:252pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: Current portion of long-term debt</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:192.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:43.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(235,255)</span></span></div></div></div></td></tr><tr style="height:15pt"><td colspan="2" style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:207.75pt;width:252pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:252pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: Deferred financing costs</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:207.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:48.71pt"></span></span><span style="left:51.34pt;position:var(--position)">(33,819)</span></span></div></div></div></td></tr><tr style="height:15pt"><td colspan="2" style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:222.75pt;width:252pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:252pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Plus: Market premiums</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:222.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:57.04pt"></span></span><span style="left:59.67pt;position:var(--position)">8,282<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:237.75pt;width:252pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:252pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: Original issue discounts</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:237.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:48.71pt"></span></span><span style="left:51.34pt;position:var(--position)">(15,673)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:252.75pt;width:252pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:252pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total noncurrent borrowings, net</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:252.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">2,652,709<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:359pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:147.86pt">Represents the variable interest rate.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:374pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(b)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:36.42pt">Includes </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:90.42pt;position:var(--position);text-decoration:none;white-space:pre;width:45.87pt">$22 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:136.29000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.57pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:138.86pt;position:var(--position);text-decoration:none;white-space:pre;width:252.48pt">in notes payable issued by a third party financial institution in </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:391.34pt;position:var(--position);text-decoration:none;white-space:pre;width:63.63pt">November 2024</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:454.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:457.47pt;position:var(--position);text-decoration:none;white-space:pre;width:72.06pt"> collateralized by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:529.53pt;position:var(--position);text-decoration:none;white-space:pre;width:14.43pt">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:543.96pt;position:var(--position);text-decoration:none;white-space:pre;width:32pt"> natural</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:386pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:480.12pt">gas processing plants and various natural gas compressors and related support equipment in the Central Region, as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:534.12pt;position:var(--position);text-decoration:none;white-space:pre;width:41.72pt">March 31,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:398pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:74pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:62.41pt">Credit Facility</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:434pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:18.41pt">The </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54.41pt;position:var(--position);text-decoration:none;white-space:pre;width:38.86pt">Company</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:93.27000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:482.66pt"> maintains a Credit Facility with a lending syndicate, the borrowing base for which is redetermined semi-annually or in</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:446pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:179.81pt">certain other situations as described therein</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.81pt;position:var(--position);text-decoration:none;white-space:pre;width:360.15pt">. The Company’s wholly owned subsidiary, DP RBL Co LLC, serves as the borrower</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:458pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.95pt">under the Credit Facility. The borrowing base is primarily determined by the value of the natural gas and oil properties that serve as</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:470pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.81pt">collateral for the lending arrangement, and it may fluctuate due to changes in collateral, which can result from acquisitions or the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.81pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:482pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:247.25pt">establishment of ABS, term loans, or other lending structures.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:283.25pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:500pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:24.66pt">As of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:60.66pt;position:var(--position);text-decoration:none;white-space:pre;width:63.8pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.46pt;position:var(--position);text-decoration:none;white-space:pre;width:228.93pt">, the Company’s Credit Facility had a borrowing base of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:353.39pt;position:var(--position);text-decoration:none;white-space:pre;width:51.46pt">$825 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:404.85pt;position:var(--position);text-decoration:none;white-space:pre;width:19.65pt"> and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:424.5pt;position:var(--position);text-decoration:none;white-space:pre;width:54.43pt">a maturity of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:478.93pt;position:var(--position);text-decoration:none;white-space:pre;width:48.69pt">March 2029</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:527.62pt;position:var(--position);text-decoration:none;white-space:pre;width:5.11pt">. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:532.73pt;position:var(--position);text-decoration:none;white-space:pre;width:43.1pt">The Credit</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:512pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:33.05pt">Facility </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:69.05pt;position:var(--position);text-decoration:none;white-space:pre;width:13.32pt">has</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:82.37pt;position:var(--position);text-decoration:none;white-space:pre;width:259.78pt"> an interest rate of SOFR plus an additional spread ranging from </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:342.15pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">2.75%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:367.98pt;position:var(--position);text-decoration:none;white-space:pre;width:12.87pt"> to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:380.85pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">3.75%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:406.68pt;position:var(--position);text-decoration:none;white-space:pre;width:2.55pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:409.23pt;position:var(--position);text-decoration:none;white-space:pre;width:78.33pt">based on utilization</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:487.56pt;position:var(--position);text-decoration:none;white-space:pre;width:5.05pt">. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:492.61pt;position:var(--position);text-decoration:none;white-space:pre;width:83.34pt">Interest payments on</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:524pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:415.36pt">the Credit Facility are paid on a quarterly basis. Available borrowings under the Credit Facility were</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:451.36pt;position:var(--position);text-decoration:none;white-space:pre;width:3.41pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:454.77pt;position:var(--position);text-decoration:none;white-space:pre;width:52.26pt">$475 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:507.03pt;position:var(--position);text-decoration:none;white-space:pre;width:3.41pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:510.44pt;position:var(--position);text-decoration:none;white-space:pre;width:23.47pt">as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:533.9100000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:41.99pt">March 31,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:536pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:56pt;position:var(--position);text-decoration:none;white-space:pre;width:31.92pt">, which </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:87.92pt;position:var(--position);text-decoration:none;white-space:pre;width:34.95pt">excludes</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:125.37pt;position:var(--position);text-decoration:none;white-space:pre;width:46.35pt">$36 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:171.72pt;position:var(--position);text-decoration:none;white-space:pre;width:177.28pt"> in letters of credit issued to certain vendors.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:59.42pt">ABS IV Notes</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:572pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.32pt">In </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:47.32pt;position:var(--position);text-decoration:none;white-space:pre;width:59.07pt">February 2022</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:106.39pt;position:var(--position);text-decoration:none;white-space:pre;width:469.54pt">, the Company formed Diversified ABS IV LLC (“ABS IV”), a limited-purpose, bankruptcy-remote, wholly-owned</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:584pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:309.55pt">subsidiary, to issue asset-backed securities with a total principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:345.55pt;position:var(--position);text-decoration:none;white-space:pre;width:52.1pt">$160 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:397.65pt;position:var(--position);text-decoration:none;white-space:pre;width:178.25pt"> at par (the “ABS IV Notes”). The ABS IV</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:596pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.94pt">Notes are secured by a portion of the upstream producing assets acquired through the Blackbeard acquisition. The ABS IV Notes carry</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:608pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:102.49pt">an annual interest rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:138.49pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">4.95%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:164.32pt;position:var(--position);text-decoration:none;white-space:pre;width:48.72pt"> and have a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:213.04pt;position:var(--position);text-decoration:none;white-space:pre;width:22.15pt">legal </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:235.19pt;position:var(--position);text-decoration:none;white-space:pre;width:88.1pt">final maturity date of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:323.29pt;position:var(--position);text-decoration:none;white-space:pre;width:58.83pt">February 2037</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:382.12pt;position:var(--position);text-decoration:none;white-space:pre;width:151.01pt">, with an amortizing maturity date of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:533.13pt;position:var(--position);text-decoration:none;white-space:pre;width:42.72pt">September</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:620pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2030</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:56pt;position:var(--position);text-decoration:none;white-space:pre;width:5pt">. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:61pt;position:var(--position);text-decoration:none;white-space:pre;width:24.7pt">Both i</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.7pt;position:var(--position);text-decoration:none;white-space:pre;width:329.38pt">nterest and principal payments on the ABS IV Notes are made on a monthly basis.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:59.42pt">ABS VI Notes</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:656pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.58pt">In </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:47.58pt;position:var(--position);text-decoration:none;white-space:pre;width:55.43pt">October 2022</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:103.01pt;position:var(--position);text-decoration:none;white-space:pre;width:472.92pt">, the Company formed Diversified ABS VI LLC (“ABS VI”), a limited-purpose, bankruptcy-remote, wholly-owned</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:668pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:422.83pt">subsidiary, to issue, jointly with Oaktree Capital Management, L.P. (“Oaktree”), asset-backed securities </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:458.83pt;position:var(--position);text-decoration:none;white-space:pre;width:45.77pt">with a total</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:504.6pt;position:var(--position);text-decoration:none;white-space:pre;width:71.31pt"> principal amount</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:680pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11pt">of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:47pt;position:var(--position);text-decoration:none;white-space:pre;width:51.52pt">$460 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:98.52000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:148.38pt">. The Company’s share amounted to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:246.9pt;position:var(--position);text-decoration:none;white-space:pre;width:51.52pt">$236 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:298.42pt;position:var(--position);text-decoration:none;white-space:pre;width:105.14pt"> before fees, reflecting its </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:403.56pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">51.25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:434.39pt;position:var(--position);text-decoration:none;white-space:pre;width:141.48pt"> ownership interest in the collateral</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:692pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:274.31pt">assets (the “ABS VI Notes”). The ABS VI Notes were issued at a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.31pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">2.63%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:336.14pt;position:var(--position);text-decoration:none;white-space:pre;width:239.8pt"> discount and are primarily secured by the upstream assets</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:704pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.87pt">jointly acquired with Oaktree in the Tapstone acquisition. The Company recorded its proportionate share of the ABS VI Notes in its</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:716pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:171.53pt">Condensed Consolidated Balance Sheets</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:207.53pt;position:var(--position);text-decoration:none;white-space:pre;width:7.89pt">. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:215.42pt;position:var(--position);text-decoration:none;white-space:pre;width:13.72pt">In </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:229.14pt;position:var(--position);text-decoration:none;white-space:pre;width:43.71pt">June 2024</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:272.85pt;position:var(--position);text-decoration:none;white-space:pre;width:303.02pt">, as part of the Oaktree acquisition, the Company assumed Oaktree’s</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:728pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:86.86pt">proportionate debt of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.86pt;position:var(--position);text-decoration:none;white-space:pre;width:51.35pt">$133 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:174.21pt;position:var(--position);text-decoration:none;white-space:pre;width:141.8pt"> associated with the ABS VI Notes.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:45pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:18.43pt">The </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:54.43pt;position:var(--position);text-decoration:none;white-space:pre;width:59.1pt">ABS VI Notes</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:113.53pt;position:var(--position);text-decoration:none;white-space:pre;width:126.66pt"> carry an annual interest rate of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.19pt;position:var(--position);text-decoration:none;white-space:pre;width:2.9pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:243.09pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">7.50%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.91999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:160.32pt"> and have a legal final maturity date of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:429.24pt;position:var(--position);text-decoration:none;white-space:pre;width:65.08pt">November 2039</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:494.32pt;position:var(--position);text-decoration:none;white-space:pre;width:81.66pt">, with an amortizing</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:57pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:66.3pt">maturity date of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.3pt;position:var(--position);text-decoration:none;white-space:pre;width:54.68pt">October 2031</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:156.98000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:359.08pt">. Both interest and principal payments on the ABS VI Notes are made on a monthly basis.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:67.2pt">ABS VIII Notes</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:93pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.62pt">In </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:47.62pt;position:var(--position);text-decoration:none;white-space:pre;width:41.61pt">May 2024</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:89.22999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:486.76pt">, the Company formed Diversified ABS VIII LLC (“ABS VIII”), a limited-purpose, bankruptcy-remote, wholly-owned</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:105pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.85pt">subsidiary, to issue Class A-1 and Class A-2 asset-backed securities (the “Class A-1 Notes,” “Class A-2 Notes,” and collectively the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:117pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:267.67pt">“ABS VIII Notes”). The Class A-1 Notes were issued with a total</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:303.67pt;position:var(--position);text-decoration:none;white-space:pre;width:2.97pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:306.64pt;position:var(--position);text-decoration:none;white-space:pre;width:82.71pt">principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:389.35pt;position:var(--position);text-decoration:none;white-space:pre;width:51.82pt">$400 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:441.17pt;position:var(--position);text-decoration:none;white-space:pre;width:134.62pt">, while the Class A-2 Notes were</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.79pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:129pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:73.79pt">issued with a total</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:109.79pt;position:var(--position);text-decoration:none;white-space:pre;width:2.96pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:112.75pt;position:var(--position);text-decoration:none;white-space:pre;width:82.68pt">principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.43pt;position:var(--position);text-decoration:none;white-space:pre;width:51.81pt">$210 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:247.24pt;position:var(--position);text-decoration:none;white-space:pre;width:328.76pt">. The proceeds from these issuances were used to repay the outstanding principal</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:576pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:141pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.96pt">of the ABS III &amp; ABS V notes, effectively retiring those notes from the Company’s outstanding debt. Consequently, ABS III and ABS</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:153pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.8pt">V were dissolved. The ABS VIII Notes are secured by the collateral that previously secured the ABS III and ABS V notes, which</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.8pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:165pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.93pt">includes certain upstream producing and midstream assets in the Appalachian Region owned by the Company, and the remaining</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:177pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:396.2pt">upstream assets in the Appalachian Region that were not securitized by previous ABS transactions.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:432.2pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:195pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:211.39pt">The Class A-1 Notes carry an annual interest rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:247.39pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">7.076%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:278.22pt;position:var(--position);text-decoration:none;white-space:pre;width:237.97pt">, while the Class A-2 Notes carry an annual interest rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:516.19pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">7.670%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:547.02pt;position:var(--position);text-decoration:none;white-space:pre;width:28.96pt">. These</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:207pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:172pt">notes have a legal final maturity date of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:208pt;position:var(--position);text-decoration:none;white-space:pre;width:42.21pt">May 2044</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:250.21pt;position:var(--position);text-decoration:none;white-space:pre;width:158.99pt">, with an amortizing maturity date of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:409.2pt;position:var(--position);text-decoration:none;white-space:pre;width:49.97pt">March 2033</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:459.17pt;position:var(--position);text-decoration:none;white-space:pre;width:6.39pt">. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:465.56pt;position:var(--position);text-decoration:none;white-space:pre;width:26.09pt">Both i</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.65pt;position:var(--position);text-decoration:none;white-space:pre;width:84.33pt">nterest and principal</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:219pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:251.99pt">payments on the ABS VIII Notes are made on a monthly basis.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:59.42pt">ABS IX Notes</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:255pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:10.84pt">In </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:46.84pt;position:var(--position);text-decoration:none;white-space:pre;width:40.83pt">June 2024</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:87.67pt;position:var(--position);text-decoration:none;white-space:pre;width:488.32pt">, the Company formed DP Mustang Holdco LLC, a limited-purpose, bankruptcy-remote, wholly-owned subsidiary (“ABS</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:267pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.98pt">IX,” formerly “ABS Facility Warehouse”), to secure a bridge loan facility (the “ABS Facility Warehouse Notes”). The initial draw on</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:279pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:196.39pt">the ABS Facility Warehouse Notes amounted to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:232.39pt;position:var(--position);text-decoration:none;white-space:pre;width:46.54pt">$71 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:278.93pt;position:var(--position);text-decoration:none;white-space:pre;width:69.39pt">, which included </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:348.32pt;position:var(--position);text-decoration:none;white-space:pre;width:46.54pt">$66 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:394.86pt;position:var(--position);text-decoration:none;white-space:pre;width:68.74pt"> in net proceeds, </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:463.6pt;position:var(--position);text-decoration:none;white-space:pre;width:41.54pt">$3 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:505.14pt;position:var(--position);text-decoration:none;white-space:pre;width:70.74pt"> in restricted cash</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:291pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:84.64pt">interest reserve, and </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.64pt;position:var(--position);text-decoration:none;white-space:pre;width:42.01pt">$2 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:162.65pt;position:var(--position);text-decoration:none;white-space:pre;width:413.32pt"> in debt issuance costs. The ABS Facility Warehouse Notes were secured by certain producing assets</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:303pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:425.16pt">that previously collateralized the Credit Facility. It carried an interest rate of SOFR plus an additional </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:461.16pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">3.75%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:486.99pt;position:var(--position);text-decoration:none;white-space:pre;width:88.84pt"> and had a legal final</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:315pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:69.9pt">maturity date of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:105.9pt;position:var(--position);text-decoration:none;white-space:pre;width:42.02pt">May 2029</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:147.92000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:6.2pt">. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:154.12pt;position:var(--position);text-decoration:none;white-space:pre;width:25.9pt">Both i</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:180.02pt;position:var(--position);text-decoration:none;white-space:pre;width:395.81pt">nterest and principal payments on the ABS Facility Warehouse Notes were made on a monthly</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:327pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:22.48pt">basis.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:345pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:12.01pt">In </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:48.01pt;position:var(--position);text-decoration:none;white-space:pre;width:66.4pt">September 2024</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:114.41pt;position:var(--position);text-decoration:none;white-space:pre;width:461.57pt">, the Company issued Class A and Class B asset-backed securities (the “Class A Notes,” “Class B Notes,” and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:357pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:185.82pt">collectively the “ABS IX Notes”) with a total</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:221.82pt;position:var(--position);text-decoration:none;white-space:pre;width:3.09pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:224.91pt;position:var(--position);text-decoration:none;white-space:pre;width:83.07pt">principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:307.98pt;position:var(--position);text-decoration:none;white-space:pre;width:46.94pt">$77 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:354.92pt;position:var(--position);text-decoration:none;white-space:pre;width:220.92pt">. The Class A Notes were issued with a total principal</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:369pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:45.46pt">amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:81.46000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:47.43pt">$71 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:128.89pt;position:var(--position);text-decoration:none;white-space:pre;width:296.74pt">, while the Class B Notes were issued with a total principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:425.63pt;position:var(--position);text-decoration:none;white-space:pre;width:42.43pt">$6 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:468.06pt;position:var(--position);text-decoration:none;white-space:pre;width:107.81pt">. The proceeds from these</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:381pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.87pt">issuances were used to repay the outstanding principal of the ABS Facility Warehouse Notes, effectively retiring it from the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:393pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:392.84pt">Company’s outstanding debt and resulting in a loss on the early retirement of debt amounting to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:428.84pt;position:var(--position);text-decoration:none;white-space:pre;width:41.76pt">$2 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:470.6pt;position:var(--position);text-decoration:none;white-space:pre;width:105.27pt">. The Class A Notes carry</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:405pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:102.14pt">an annual interest rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:138.14pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">6.555%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:168.97pt;position:var(--position);text-decoration:none;white-space:pre;width:166.23pt"> and have an amortizing maturity date of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:335.2pt;position:var(--position);text-decoration:none;white-space:pre;width:63.72pt">December 2034</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.92pt;position:var(--position);text-decoration:none;white-space:pre;width:177.05pt">. The Class B Notes carry an annual interest</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:417pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:28.83pt">rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:64.83pt;position:var(--position);text-decoration:none;white-space:pre;width:35.83pt">11.235%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:100.66pt;position:var(--position);text-decoration:none;white-space:pre;width:166.95pt"> and have an amortizing maturity date of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:267.61pt;position:var(--position);text-decoration:none;white-space:pre;width:65.49pt">September 2030</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:333.1pt;position:var(--position);text-decoration:none;white-space:pre;width:242.74pt">. Both interest and principal payments on the ABS IX Notes</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:429pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:116.54pt">are made on a monthly basis.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:55.53pt">ABS X Notes</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:465pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.97pt">In February 2025, the Company formed Diversified ABS Phase X LLC, a limited-purpose, bankruptcy-remote, wholly-owned</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:477pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.81pt">subsidiary (“ABS X”), to issue Class A-1, Class A-2, and Class B asset-backed securities (the “Class A-1 Notes,” “Class A-2 Notes,”</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.81pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:489pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:368.16pt">“Class B Notes,” and collectively the “ABS X Notes”) with a total principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:404.16pt;position:var(--position);text-decoration:none;white-space:pre;width:52.59pt">$530 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:456.75pt;position:var(--position);text-decoration:none;white-space:pre;width:119.14pt">. The Class A-1 Notes, were</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:501pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:159.15pt">issued with a total principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:195.15pt;position:var(--position);text-decoration:none;white-space:pre;width:51.77pt">$200 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:246.92pt;position:var(--position);text-decoration:none;white-space:pre;width:274.61pt">. The Class A-2 Notes were issued with a total principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:521.53pt;position:var(--position);text-decoration:none;white-space:pre;width:51.77pt">$240 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:573.3pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.8pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:513pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:256.34pt">The Class B Notes were issued with a total principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:292.34pt;position:var(--position);text-decoration:none;white-space:pre;width:46.44pt">$90 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:338.78pt;position:var(--position);text-decoration:none;white-space:pre;width:237.01pt">. The proceeds from these issuances were used to repay the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.79pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:525pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.95pt">outstanding principal of the ABS I Notes, ABS II Notes, and Term Loan I, effectively retiring those notes from the Company’s</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:537pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.91pt">outstanding debt. The ABS X Notes are secured by certain upstream producing assets in the Appalachian Region owned by the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:549pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.9pt">Company, including those that previously collateralized the ABS I Notes, ABS II Notes, and Term Loan I. Excess proceeds from the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:561pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:453.37pt">issuance of the Notes were used to fund the Summit acquisition and for general corporate purposes. Refer to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:489.37pt;position:var(--position);text-decoration:none;white-space:pre;width:27.92pt">Note 2</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:517.29pt;position:var(--position);text-decoration:none;white-space:pre;width:58.6pt"> for additional</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:573pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:140.68pt">information regarding acquisitions.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:176.68pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:591pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:213.79pt">The Class A-1 Notes carry an annual interest rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:249.79pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">5.945%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:280.62pt;position:var(--position);text-decoration:none;white-space:pre;width:219.14pt">. The Class A-2 Notes carry an annual interest rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:499.76pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">6.751%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:530.5899999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:45.37pt">. The Class</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:603pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:166.75pt">B Notes carry an annual interest rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:202.75pt;position:var(--position);text-decoration:none;white-space:pre;width:35.83pt">10.398%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:238.58pt;position:var(--position);text-decoration:none;white-space:pre;width:337.22pt">. These notes have a legal final maturity date of February 2045. Both interest and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.8pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:615pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:280pt">principal payments on the ABS X Notes are made on a monthly basis.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:89.36pt">ABS Maverick Notes</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:651pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.99pt">In February 2025, the Company formed Maverick ABS Holdings LLC, a limited-purpose, bankruptcy-remote, wholly-owned</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:663pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">subsidiary (“ABS Maverick”), to hold the Class A-1, Class A-2, and Class B asset-backed securities (the “Class A-1 Notes,” “Class</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:675pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.89pt">A-2 Notes,” “Class B Notes,” and collectively the “ABS Maverick Notes”) assumed as part of the Maverick acquisition. These Notes</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:687pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:136.14pt">had a total principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:172.14pt;position:var(--position);text-decoration:none;white-space:pre;width:53.14pt">$640 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:225.28pt;position:var(--position);text-decoration:none;white-space:pre;width:350.55pt"> upon issuance. The Class A-1 Notes were issued with a total principal amount of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:699pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:51.86pt">$285 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:87.86pt;position:var(--position);text-decoration:none;white-space:pre;width:275.78pt">. The Class A-2 Notes were issued with a total principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:363.64pt;position:var(--position);text-decoration:none;white-space:pre;width:51.86pt">$260 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:415.5pt;position:var(--position);text-decoration:none;white-space:pre;width:160.3pt">. The Class B Notes were issued with a</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.8pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:711pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:102.82pt">total principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:138.82pt;position:var(--position);text-decoration:none;white-space:pre;width:46.67pt">$95 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:185.49pt;position:var(--position);text-decoration:none;white-space:pre;width:221.81pt">. Upon acquisition, the ABS Maverick Notes carried a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:407.3pt;position:var(--position);text-decoration:none;white-space:pre;width:20.83pt">1.6%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:428.13pt;position:var(--position);text-decoration:none;white-space:pre;width:147.85pt"> market premium and are secured by</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:723pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:455.62pt">certain upstream producing assets in the Western Anadarko Basin acquired in the Maverick acquisition. Refer to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.62pt;position:var(--position);text-decoration:none;white-space:pre;width:27.15pt">Note 2</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:518.77pt;position:var(--position);text-decoration:none;white-space:pre;width:57.06pt"> for additional</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:735pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:140.68pt">information regarding acquisitions.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:45pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:213.79pt">The Class A-1 Notes carry an annual interest rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:249.79pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">8.121%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:280.62pt;position:var(--position);text-decoration:none;white-space:pre;width:219.14pt">. The Class A-2 Notes carry an annual interest rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:499.76pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">8.946%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:530.5899999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:45.37pt">. The Class</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:57pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:164.99pt">B Notes carry an annual interest rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.99pt;position:var(--position);text-decoration:none;white-space:pre;width:35.83pt">12.436%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.82pt;position:var(--position);text-decoration:none;white-space:pre;width:339.1pt">. These notes have a legal final maturity date of December 2038. Both interest and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:69pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:311.06pt">principal payments on the ABS Maverick Notes are made on a monthly basis.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:59.42pt">ABS XI Notes</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:105pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.99pt">In November 2025, the Company formed DP Keeneland Mile LLC, a limited-purpose, bankruptcy-remote, wholly-owned subsidiary</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:117pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.91pt">(“ABS XI”), to issue Class A-1, Class A-2, and Class B asset-backed securities (the “Class A-1 Notes,” “Class A-2 Notes,” “Class B</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:129pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:320.1pt">Notes,” and collectively the “ABS XI Notes”) with a total principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:356.1pt;position:var(--position);text-decoration:none;white-space:pre;width:51.73pt">$400 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:407.83pt;position:var(--position);text-decoration:none;white-space:pre;width:168.15pt">. The Class A-1 Notes were issued with a</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:141pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:104.74pt">total principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:140.74pt;position:var(--position);text-decoration:none;white-space:pre;width:52.15pt">$247 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:192.89pt;position:var(--position);text-decoration:none;white-space:pre;width:279.55pt">. The Class A-2 Notes were issued with a total principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:472.44pt;position:var(--position);text-decoration:none;white-space:pre;width:47.15pt">$91 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:519.5899999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:56.23pt">. The Class B</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:153pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:204.74pt">Notes were issued with a total principal amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:240.74pt;position:var(--position);text-decoration:none;white-space:pre;width:46.44pt">$62 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:287.18pt;position:var(--position);text-decoration:none;white-space:pre;width:288.65pt">. The proceeds from this issuance were used to fund, in part, the Canvas</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:165pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:297.96pt">acquisition and are secured by certain upstream producing assets acquired.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:183pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:213.79pt">The Class A-1 Notes carry an annual interest rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:249.79pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">5.757%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:280.62pt;position:var(--position);text-decoration:none;white-space:pre;width:219.14pt">. The Class A-2 Notes carry an annual interest rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:499.76pt;position:var(--position);text-decoration:none;white-space:pre;width:30.83pt">6.547%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:530.5899999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:45.37pt">. The Class</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:195pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:164.59pt">B Notes carry an annual interest rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:200.59pt;position:var(--position);text-decoration:none;white-space:pre;width:35.83pt">10.129%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.42pt;position:var(--position);text-decoration:none;white-space:pre;width:339.54pt">. These notes have a legal final maturity date of November 2045. Both interest and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:207pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:283.33pt">principal payments on the ABS XI Notes are made on a monthly basis.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:58.58pt">Nordic Bonds</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:243pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:285.4pt">In April 2025, the Company issued the Nordic Bonds, consisting of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:321.4pt;position:var(--position);text-decoration:none;white-space:pre;width:52.54pt">$300 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:373.94pt;position:var(--position);text-decoration:none;white-space:pre;width:201.93pt"> of new senior secured notes in the Nordic bond</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:255pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:49.74pt">market at a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.74000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:13.33pt">2%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.07pt;position:var(--position);text-decoration:none;white-space:pre;width:159.35pt"> discount, resulting in net proceeds of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:258.41999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:52.31pt">$294 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:310.73pt;position:var(--position);text-decoration:none;white-space:pre;width:265.16pt">. The proceeds were used to repay existing indebtedness and for</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:267pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:430.03pt">general corporate purposes. The Nordic Bonds mature in April 2029 and bear interest at a fixed rate of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:466.03pt;position:var(--position);text-decoration:none;white-space:pre;width:25.83pt">9.75%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:491.86pt;position:var(--position);text-decoration:none;white-space:pre;width:84.02pt"> per annum, payable</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:279pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.91pt">semi-annually in arrears. The Bonds are secured by (i) all of the Company’s U.S. bank accounts, (ii) the equity interests in Diversified</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:291pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.89pt">Gas and Oil Company (“DGOC”) as well as DGOC’s equity interests in its direct operating subsidiaries and (iii) interests in certain</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:303pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:81.02pt">intercompany loans.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:321pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:350.51pt">The Nordic Bonds were listed for trading on the Oslo Stock Exchange in October 2025.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:339pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:13.55pt">In </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.55pt;position:var(--position);text-decoration:none;white-space:pre;width:61.3pt">February 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:110.85pt;position:var(--position);text-decoration:none;white-space:pre;width:125.69pt">, the Company completed a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:236.54pt;position:var(--position);text-decoration:none;white-space:pre;width:54.07pt">$200 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:290.61pt;position:var(--position);text-decoration:none;white-space:pre;width:285.27pt"> tap-on offering, increasing the aggregate principal amount of the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:351pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:121.26pt">outstanding Nordic Bonds to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:157.26pt;position:var(--position);text-decoration:none;white-space:pre;width:52.24pt">$500 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:209.5pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:212pt;position:var(--position);text-decoration:none;white-space:pre;width:164.16pt"> The additional Bonds were issued at a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:376.16pt;position:var(--position);text-decoration:none;white-space:pre;width:20.83pt">3.5%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:396.99pt;position:var(--position);text-decoration:none;white-space:pre;width:158.86pt"> discount, resulting in net proceeds of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:555.85pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">$193</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:363pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:28.85pt">million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:64.85pt;position:var(--position);text-decoration:none;white-space:pre;width:383.44pt"> before transaction costs and other fees. The proceeds were used for general corporate purposes.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:108.49pt">Early Retirement of Debt</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:399pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.82pt">In February 2025, the Company used proceeds from the ABS X Notes to repay the outstanding principal of the ABS I &amp; II notes and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:411pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:251.43pt">Term Loan I (each as previously defined in the Company’s </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:287.43pt;position:var(--position);text-decoration:none;white-space:pre;width:71.83pt">annual report on </span><span style="color:#0000ff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:359.26pt;position:var(--position);text-decoration:underline;white-space:pre;width:45.99pt"><a href="https://www.sec.gov/Archives/edgar/data/1922446/000192244626000020/dec-20251231.htm" style="color:inherit;text-decoration:inherit;z-index:1">Form 10-K</a></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:405.25pt;position:var(--position);text-decoration:none;white-space:pre;width:83.81pt"> for the year ended </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:489.06pt;position:var(--position);text-decoration:none;white-space:pre;width:81.1pt">December 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:570.16pt;position:var(--position);text-decoration:none;white-space:pre;width:5.83pt">),</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:423pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.89pt">thereby retiring the ABS I &amp; II notes and Term Loan I from the Company’s outstanding debt and resulting in a loss on the early</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:435pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:88.57pt">retirement of debt of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.57pt;position:var(--position);text-decoration:none;white-space:pre;width:47.27pt">$27 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:171.84pt;position:var(--position);text-decoration:none;white-space:pre;width:404.14pt">. Concurrently, Diversified ABS Holdings LLC, Diversified ABS Phase II Holdings LLC, and DP</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:447pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.8pt">Bluegrass Holdings LLC were dissolved. The ABS X Notes are secured by the collateral previously securing the ABS I &amp; II notes,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.8pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:459pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:282.45pt">along with a portion of the collateral previously securing Term Loan I.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:477pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.82pt">In March 2025, the Company used proceeds from the upsized borrowing base on the amended and restated credit agreement governing</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.82pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:489pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:449.58pt">the Credit Facility to repay the outstanding principal on Term Loan II (as previously defined in the Company’s </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:485.58pt;position:var(--position);text-decoration:none;white-space:pre;width:68.65pt">annual report on </span><span style="color:#0000ff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:554.23pt;position:var(--position);text-decoration:underline;white-space:pre;width:21.66pt"><a href="https://www.sec.gov/Archives/edgar/data/1922446/000192244626000020/dec-20251231.htm" style="color:inherit;text-decoration:inherit;z-index:1">Form</a></span><span style="color:#0000ff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:underline;white-space:pre;width:2.5pt"><a href="https://www.sec.gov/Archives/edgar/data/1922446/000192244626000020/dec-20251231.htm" style="color:inherit;text-decoration:inherit;z-index:1"> </a></span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:501pt;width:612pt"><span style="color:#0000ff;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:underline;white-space:pre;width:20.55pt"><a href="https://www.sec.gov/Archives/edgar/data/1922446/000192244626000020/dec-20251231.htm" style="color:inherit;text-decoration:inherit;z-index:1">10-K</a></span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:56.55pt;position:var(--position);text-decoration:none;white-space:pre;width:80.11pt"> for the year ended </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:136.66pt;position:var(--position);text-decoration:none;white-space:pre;width:79.62pt">December 31, 2025</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:216.28pt;position:var(--position);text-decoration:none;white-space:pre;width:359.7pt">), thereby retiring Term Loan II from the Company’s outstanding debt and resulting in a</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:513pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:152.6pt">loss on the early retirement of debt of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.6pt;position:var(--position);text-decoration:none;white-space:pre;width:48.85pt">$0.2 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:237.45pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:68.03pt">Debt Covenants</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:549pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:59.06pt">Credit Facility</span></div><div style="font-size:12pt;line-height:11pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:567pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.94pt">The Credit Facility contains certain customary representations and warranties and affirmative and negative covenants, including</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:579pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.94pt">covenants relating to: maintenance of books and records; financial reporting and notification; compliance with laws; maintenance of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:591pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.91pt">properties and insurance; and limitations on incurrence of indebtedness, liens, fundamental changes, international operations, asset</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:603pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.95pt">sales, making certain debt payments and amendments, restrictive agreements, investments, restricted payments and hedging. The</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:615pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.98pt">restricted payment provision governs the Company’s ability to make discretionary payments such as dividends, share repurchases, or</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:627pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.89pt">other discretionary payments. DP RBL Co LLC must comply with the following restricted payments test in order to make</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:639pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:197.66pt">discretionary payments (i) leverage is less than </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:233.66pt;position:var(--position);text-decoration:none;white-space:pre;width:12.5pt">1.5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:246.16pt;position:var(--position);text-decoration:none;white-space:pre;width:157.57pt">x and borrowing base availability is &gt;</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:403.73pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">20%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:422.06pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:424.56pt;position:var(--position);text-decoration:none;white-space:pre;width:115.83pt"> or (ii) leverage is between </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:540.39pt;position:var(--position);text-decoration:none;white-space:pre;width:12.5pt">1.5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:552.89pt;position:var(--position);text-decoration:none;white-space:pre;width:23.02pt">x and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:651pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:12.5pt">2.0</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:48.5pt;position:var(--position);text-decoration:none;white-space:pre;width:312.62pt">x, free cash flow must be positive, and borrowing base availability must be &gt;</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.12pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">20%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:379.45pt;position:var(--position);text-decoration:none;white-space:pre;width:5.64pt">; </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:385.09pt;position:var(--position);text-decoration:none;white-space:pre;width:130.83pt">and (iii) when leverage exceeds </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:515.9200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:12.5pt">2.0</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:528.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:5pt">x</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:533.4200000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:42.52pt">, restricted</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:663pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:99.05pt">payments are prohibited.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:681pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:446.45pt">Additional covenants require DP RBL Co LLC to maintain a ratio of total debt to EBITDAX of not more than </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:482.45pt;position:var(--position);text-decoration:none;white-space:pre;width:17.5pt">3.25</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:499.95pt;position:var(--position);text-decoration:none;white-space:pre;width:30.63pt"> to 1.00</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:530.5799999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:45.2pt"> and a ratio</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.78pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:693pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:318.2pt">of current assets (with certain adjustments) to current liabilities of not less than </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:354.2pt;position:var(--position);text-decoration:none;white-space:pre;width:17.5pt">1.00</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:371.7pt;position:var(--position);text-decoration:none;white-space:pre;width:188.94pt"> to 1.00 as of the last day of each fiscal quarter.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:560.64pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:711pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:24.44pt">As of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:60.44pt;position:var(--position);text-decoration:none;white-space:pre;width:63.58pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.02pt;position:var(--position);text-decoration:none;white-space:pre;width:79.1pt">, the Company was </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:203.12pt;position:var(--position);text-decoration:none;white-space:pre;width:56.3pt">in compliance</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:259.41999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:164.23pt"> with all covenants for its Credit Facility.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:45pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:410.1pt">ABS IV, VI, VIII, IX, X, XI, and Maverick Notes (Collectively, the “ABS Notes”) and the Nordic Bonds</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:63pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.93pt">The ABS Notes and Nordic Bonds are governed by a series of covenants and restrictions typical for such transactions, including (i) the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.94pt">requirement for the issuer to maintain specified reserve accounts to ensure the payment of interest on the ABS Notes and Nordic Bond,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:87pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.94pt">(ii) provisions for optional and mandatory prepayments, specified make-whole payments under certain conditions, (iii) indemnification</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.83pt">payments in the event that the assets pledged as collateral for the ABS Notes and Nordic Bond are found to be defective or ineffective,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.89pt">(iv) covenants related to recordkeeping, access to information and similar matters, and (v) compliance with all applicable laws and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.85pt">regulations, including the Employee Retirement Income Security Act (“ERISA”), environmental laws, and the USA Patriot Act (ABS</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:36.65pt">IV only).</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:72.65pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:153pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.99pt">The ABS Notes and Nordic Bonds are also subject to customary accelerated amortization events as outlined in the agreements</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:165pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.94pt">governing such indebtedness. These events include failure to maintain specified debt service coverage ratios, failure to meet certain</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:177pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.84pt">production metrics, certain change of control and management termination events, and the failure to repay or refinance the ABS Notes</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:189pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:239.99pt">and Nordic Bond on the applicable scheduled maturity date.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:275.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:207pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.94pt">The ABS Notes and Nordic Bonds are subject to customary events of default, which include non-payment of required interest,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:219pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.99pt">principal, or other amounts due, failure to comply with covenants within specified time frames, certain bankruptcy events, breaches of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.99pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:231pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:427.18pt">specified representations and warranties, failure of security interests to be effective, and certain judgments.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:249pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:465.18pt">Additionally, the Nordic Bonds contain the following financial covenants (i) the leverage ratio shall not exceed </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:501.18pt;position:var(--position);text-decoration:none;white-space:pre;width:12.5pt">3.5</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:513.6800000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:62.23pt">x, (ii) the asset</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:261pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:149.64pt">coverage ratio shall not be less than </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:185.64pt;position:var(--position);text-decoration:none;white-space:pre;width:17.5pt">1.20</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:203.14pt;position:var(--position);text-decoration:none;white-space:pre;width:195.6pt"> to 1.00, (iii) book equity shall not be less than </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:398.74pt;position:var(--position);text-decoration:none;white-space:pre;width:52pt">$500 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:450.74pt;position:var(--position);text-decoration:none;white-space:pre;width:125.17pt">, and (iv) liquidity shall not be</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:273pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:37.18pt">less than </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:73.18pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">25%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:91.50999999999999pt;position:var(--position);text-decoration:none;white-space:pre;width:103.55pt"> of the outstanding bonds.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:291pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:24.44pt">As of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:60.44pt;position:var(--position);text-decoration:none;white-space:pre;width:63.58pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:124.02pt;position:var(--position);text-decoration:none;white-space:pre;width:79.1pt">, the Company was </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:203.12pt;position:var(--position);text-decoration:none;white-space:pre;width:56.3pt">in compliance</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:259.41999999999996pt;position:var(--position);text-decoration:none;white-space:pre;width:132.31pt"> with all covenants related to the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:391.73pt;position:var(--position);text-decoration:none;white-space:pre;width:122.98pt">ABS Notes and Nordic Bonds.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:76.85pt">Future Maturities</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:327pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:355.59pt">The table below represents the Company’s future maturities of its total borrowings as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:391.59pt;position:var(--position);text-decoration:none;white-space:pre;width:63.72pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.31pt;position:var(--position);text-decoration:none;white-space:pre;width:120.62pt">, excluding deferred financing</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:339pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:127.39pt">costs, premiums, and discounts:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:357pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:93pt"></td><td style="padding:0;width:87pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:60pt"></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:93pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:93pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:93pt;position:var(--position);width:87pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:87pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.97pt;position:var(--position);text-decoration:none;white-space:pre">Remainder of 2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:180pt;position:var(--position);width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:20pt;position:var(--position);text-decoration:none;white-space:pre">2027</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:240pt;position:var(--position);width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:20pt;position:var(--position);text-decoration:none;white-space:pre">2028</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:300pt;position:var(--position);width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:20pt;position:var(--position);text-decoration:none;white-space:pre">2029</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:20pt;position:var(--position);text-decoration:none;white-space:pre">2030</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:420pt;position:var(--position);width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:6.98pt;position:var(--position);text-decoration:none;white-space:pre">Thereafter</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:7.93pt;position:var(--position);text-decoration:none;white-space:pre">Total debt</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:15pt;width:93pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:93pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Debt maturity</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:93pt;position:var(--position);top:15pt;width:87pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:87pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:42.79pt"></span></span><span style="left:50.42pt;position:var(--position)">179,247<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:180pt;position:var(--position);top:15pt;width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:15.79pt"></span></span><span style="left:23.419999999999998pt;position:var(--position)">215,797<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:240pt;position:var(--position);top:15pt;width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:15.79pt"></span></span><span style="left:23.419999999999998pt;position:var(--position)">199,320<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:300pt;position:var(--position);top:15pt;width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:15.79pt"></span></span><span style="left:23.419999999999998pt;position:var(--position)">998,896<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:15pt;width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:15.79pt"></span></span><span style="left:23.419999999999998pt;position:var(--position)">252,994<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:420pt;position:var(--position);top:15pt;width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:8.29pt"></span></span><span style="left:15.919999999999998pt;position:var(--position)">1,082,920<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:15pt;width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:8.29pt"></span></span><span style="left:15.919999999999998pt;position:var(--position)">2,929,174<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:71.32pt">Interest Expense</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:416pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:331.79pt">The table details the Company’s interest expense for each of the periods presented:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:434pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:370.5pt"></td><td style="padding:0;width:84.75pt"></td><td style="padding:0;width:84.75pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:370.5pt;position:var(--position);width:169.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:169.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:39.22pt;position:var(--position);text-decoration:none;white-space:pre">Three Months Ended</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:370.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:370.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(In thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:370.5pt;position:var(--position);top:14.25pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.2pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:14.25pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.2pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:370.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:370.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest incurred</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:370.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:370.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Borrowings</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:370.5pt;position:var(--position);top:43.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:45.54pt"></span></span><span style="left:53.17pt;position:var(--position)">63,507<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:43.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:45.54pt"></span></span><span style="left:53.17pt;position:var(--position)">42,694<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:370.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:370.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:370.5pt;position:var(--position);top:58.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:63.04pt"></span></span><span style="left:65.67pt;position:var(--position)">741<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:58.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:63.04pt"></span></span><span style="left:65.67pt;position:var(--position)">244<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:370.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:370.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total interest incurred</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:370.5pt;position:var(--position);top:73.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:50.54pt"></span></span><span style="left:53.17pt;position:var(--position)">64,248<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:73.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:50.54pt"></span></span><span style="left:53.17pt;position:var(--position)">42,938<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:370.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:370.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">LESS: Capitalized interest</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:370.5pt;position:var(--position);top:87.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:63.04pt"></span></span><span style="left:65.67pt;position:var(--position)">836<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:87.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:63.04pt"></span></span><span style="left:65.67pt;position:var(--position)">226<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:370.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:370.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest expense</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:370.5pt;position:var(--position);top:102.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.54pt"></span></span><span style="left:53.17pt;position:var(--position)">63,412<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:102.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.54pt"></span></span><span style="left:53.17pt;position:var(--position)">42,712<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:45.78pt">Fair Value</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:580pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:389.23pt">The table below represents the fair value of the Company’s debt structures for the date presented:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:598pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:450pt"></td><td style="padding:0;width:90pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:34.97pt;position:var(--position);text-decoration:none;white-space:pre">As of</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:14.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:11.82pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Credit Facility</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:66.59pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:29.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">314,600<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:44.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">ABS notes</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:51.660000000000004pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(b)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:44.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:43.29pt"></span></span><span style="left:45.92pt;position:var(--position)">2,117,334<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:59.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Nordic Bonds</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:64.42999999999999pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(b)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:59.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">508,506<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:74.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Other miscellaneous borrowings</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:138.5pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:74.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">22,641<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:89.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total fair value of outstanding debt</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:89.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:38.29pt"></span></span><span style="left:45.92pt;position:var(--position)">2,963,081<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:712.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:161.23pt">Carrying value approximates fair value.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:727.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(b)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:414.95pt">Fair values are measured using a market approach, based upon market rates, which are Level 2 inputs.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:404.09pt">The Company’s borrowings consist of the following amounts (in thousands) as of the date presented:</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:81pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:183pt"></td><td style="padding:0;width:69pt"></td><td style="padding:0;width:201.75pt"></td><td style="padding:0;width:86.25pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:33.09pt;position:var(--position);text-decoration:none;white-space:pre">As of</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:183pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:183pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Instrument</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:14.25pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest Rate</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:14.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.95pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:28.5pt;width:183pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:183pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Credit Facility</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:28.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">6.73<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:252pt;position:var(--position);top:28.5pt;width:201.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:201.75pt"><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:28.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:42.04pt"></span></span><span style="left:49.67pt;position:var(--position)">314,600<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:183pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:183pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">ABS IV Notes, due </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.86pt;position:var(--position);text-decoration:none;white-space:pre">February 2037</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:43.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">4.95<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:43.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.04pt"></span></span><span style="left:54.67pt;position:var(--position)">61,015<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:183pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:183pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">ABS VI Notes, due </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.86pt;position:var(--position);text-decoration:none;white-space:pre">November 2039</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:58.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">7.50<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:58.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:49.67pt;position:var(--position)">180,656<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:183pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:183pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">ABS VIII Notes, due </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.52pt;position:var(--position);text-decoration:none;white-space:pre">May 2044</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:73.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">7.28<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:73.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:49.67pt;position:var(--position)">537,213<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:88.5pt;width:183pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:3.75pt;width:183pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">ABS IX Notes, due </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.86pt;position:var(--position);text-decoration:none;white-space:pre">September 2044</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:88.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">6.89<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:88.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.04pt"></span></span><span style="left:54.67pt;position:var(--position)">64,767<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:103.5pt;width:183pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.42pt;width:183pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">ABS X Notes, due </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:85.53pt;position:var(--position);text-decoration:none;white-space:pre">February 2045</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:103.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">7.07<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:103.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:49.67pt;position:var(--position)">475,106<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:118.5pt;width:183pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.42pt;width:183pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">ABS XI Notes, due </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.86pt;position:var(--position);text-decoration:none;white-space:pre">November 2045</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:118.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">6.61<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:118.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:49.67pt;position:var(--position)">379,143<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:133.5pt;width:183pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.42pt;width:183pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">ABS Maverick Notes, due </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:116.58999999999999pt;position:var(--position);text-decoration:none;white-space:pre">December 2038</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:133.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">9.10<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:133.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:49.67pt;position:var(--position)">384,315<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:148.5pt;width:183pt"><div><div style="font-size:12pt;line-height:10pt;position:var(--position);top:4.42pt;width:183pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Nordic Bonds, due </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:86.36pt;position:var(--position);text-decoration:none;white-space:pre">April 2029</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:183pt;position:var(--position);top:148.5pt;width:69pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:69pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:39.09pt;position:var(--position)"></span><span style="left:39.09pt;position:var(--position)">9.75<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span><span style="left:59.92pt;position:var(--position)">%</span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:148.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:49.67pt;position:var(--position)">500,000<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:163.5pt;width:252pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:252pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Other miscellaneous borrowings</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:138.5pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(b)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:163.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:52.04pt"></span></span><span style="left:54.67pt;position:var(--position)">32,359<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td colspan="2" style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:178.5pt;width:252pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:252pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total borrowings</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:178.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">2,929,174<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td colspan="2" style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:192.75pt;width:252pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:252pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: Current portion of long-term debt</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:192.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:43.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(235,255)</span></span></div></div></div></td></tr><tr style="height:15pt"><td colspan="2" style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:207.75pt;width:252pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:252pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: Deferred financing costs</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:207.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:48.71pt"></span></span><span style="left:51.34pt;position:var(--position)">(33,819)</span></span></div></div></div></td></tr><tr style="height:15pt"><td colspan="2" style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:222.75pt;width:252pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:252pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Plus: Market premiums</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:222.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:57.04pt"></span></span><span style="left:59.67pt;position:var(--position)">8,282<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td colspan="2" style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:237.75pt;width:252pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:252pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Less: Original issue discounts</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:237.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:48.71pt"></span></span><span style="left:51.34pt;position:var(--position)">(15,673)</span></span></div></div></div></td></tr><tr style="height:14.25pt"><td colspan="2" style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:252.75pt;width:252pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:252pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total noncurrent borrowings, net</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:453.75pt;position:var(--position);top:252.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:34.54pt"></span></span><span style="left:42.17pt;position:var(--position)">2,652,709<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:359pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:147.86pt">Represents the variable interest rate.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:374pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(b)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:36.42pt">Includes </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:90.42pt;position:var(--position);text-decoration:none;white-space:pre;width:45.87pt">$22 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:136.29000000000002pt;position:var(--position);text-decoration:none;white-space:pre;width:2.57pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:138.86pt;position:var(--position);text-decoration:none;white-space:pre;width:252.48pt">in notes payable issued by a third party financial institution in </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:391.34pt;position:var(--position);text-decoration:none;white-space:pre;width:63.63pt">November 2024</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:454.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:457.47pt;position:var(--position);text-decoration:none;white-space:pre;width:72.06pt"> collateralized by </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:529.53pt;position:var(--position);text-decoration:none;white-space:pre;width:14.43pt">two</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:543.96pt;position:var(--position);text-decoration:none;white-space:pre;width:32pt"> natural</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:575.96pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:386pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:480.12pt">gas processing plants and various natural gas compressors and related support equipment in the Central Region, as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:534.12pt;position:var(--position);text-decoration:none;white-space:pre;width:41.72pt">March 31,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:398pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:74pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:389.23pt">The table below represents the fair value of the Company’s debt structures for the date presented:</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:598pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:450pt"></td><td style="padding:0;width:90pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:34.97pt;position:var(--position);text-decoration:none;white-space:pre">As of</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:14.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:11.82pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Credit Facility</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:66.59pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:29.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:45.79pt"></span></span><span style="left:53.42pt;position:var(--position)">314,600<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:44.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">ABS notes</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:51.660000000000004pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(b)</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:44.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:43.29pt"></span></span><span style="left:45.92pt;position:var(--position)">2,117,334<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:59.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Nordic Bonds</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:64.42999999999999pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(b)</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:59.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:50.79pt"></span></span><span style="left:53.42pt;position:var(--position)">508,506<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:74.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:450pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);white-space:pre">Other miscellaneous borrowings</span><span style="font-family:'Times New Roman', serif;font-size:6.5pt;font-style:normal;font-weight:normal;left:138.5pt;position:var(--position);top:-2.425pt;vertical-align:super;white-space:pre">(a)</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:74.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:55.79pt"></span></span><span style="left:58.42pt;position:var(--position)">22,641<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:89.25pt;width:450pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:450pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total fair value of outstanding debt</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:450pt;position:var(--position);top:89.25pt;width:90pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:90pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:38.29pt"></span></span><span style="left:45.92pt;position:var(--position)">2,963,081<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:712.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(a)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:161.23pt">Carrying value approximates fair value.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:727.5pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.66pt">(b)</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:54pt;position:var(--position);text-decoration:none;white-space:pre;width:414.95pt">Fair values are measured using a market approach, based upon market rates, which are Level 2 inputs.</span></div> 0.0673 314600000 0.0495 61015000 0.0750 180656000 0.0728 537213000 0.0689 64767000 0.0707 475106000 0.0661 379143000 0.0910 384315000 0.0975 500000000 32359000 2929174000 235255000 33819000 8282000 15673000 2652709000 22000000 2 825000000 0.0275 0.0375 475000000 36000000 160000000 0.0495 460000000 236000000 0.5125 0.0263 133000000 0.0750 400000000 210000000 0.07076 0.07670 71000000 66000000 3000000 2000000 0.0375 77000000 71000000 6000000 -2000000 0.06555 0.11235 530000000 200000000 240000000 90000000 0.05945 0.06751 0.10398 640000000 285000000 260000000 95000000 0.016 0.08121 0.08946 0.12436 400000000 247000000 91000000 62000000 0.05757 0.06547 0.10129 300000000 0.02 294000000 0.0975 200000000 500000000 0.035 193000000 -27000000 -200000 1.5 0.20 1.5 2.0 0.20 2.0 3.25 1.00 3.5 1.20 500000000 0.25 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:355.59pt">The table below represents the Company’s future maturities of its total borrowings as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:391.59pt;position:var(--position);text-decoration:none;white-space:pre;width:63.72pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:455.31pt;position:var(--position);text-decoration:none;white-space:pre;width:120.62pt">, excluding deferred financing</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:339pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:127.39pt">costs, premiums, and discounts:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:357pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:93pt"></td><td style="padding:0;width:87pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:60pt"></td><td style="padding:0;width:60pt"></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:93pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:93pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:93pt;position:var(--position);width:87pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:87pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.97pt;position:var(--position);text-decoration:none;white-space:pre">Remainder of 2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:180pt;position:var(--position);width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:20pt;position:var(--position);text-decoration:none;white-space:pre">2027</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:240pt;position:var(--position);width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:20pt;position:var(--position);text-decoration:none;white-space:pre">2028</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:300pt;position:var(--position);width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:20pt;position:var(--position);text-decoration:none;white-space:pre">2029</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:20pt;position:var(--position);text-decoration:none;white-space:pre">2030</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:420pt;position:var(--position);width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:6.98pt;position:var(--position);text-decoration:none;white-space:pre">Thereafter</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:7.93pt;position:var(--position);text-decoration:none;white-space:pre">Total debt</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:15pt;width:93pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:93pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Debt maturity</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:93pt;position:var(--position);top:15pt;width:87pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:87pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:42.79pt"></span></span><span style="left:50.42pt;position:var(--position)">179,247<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:180pt;position:var(--position);top:15pt;width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:15.79pt"></span></span><span style="left:23.419999999999998pt;position:var(--position)">215,797<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:240pt;position:var(--position);top:15pt;width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:15.79pt"></span></span><span style="left:23.419999999999998pt;position:var(--position)">199,320<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:300pt;position:var(--position);top:15pt;width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:15.79pt"></span></span><span style="left:23.419999999999998pt;position:var(--position)">998,896<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:360pt;position:var(--position);top:15pt;width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:15.79pt"></span></span><span style="left:23.419999999999998pt;position:var(--position)">252,994<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:420pt;position:var(--position);top:15pt;width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:8.29pt"></span></span><span style="left:15.919999999999998pt;position:var(--position)">1,082,920<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:480pt;position:var(--position);top:15pt;width:60pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:60pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:8.29pt"></span></span><span style="left:15.919999999999998pt;position:var(--position)">2,929,174<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 179247000 215797000 199320000 998896000 252994000 1082920000 2929174000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:331.79pt">The table details the Company’s interest expense for each of the periods presented:</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:434pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:370.5pt"></td><td style="padding:0;width:84.75pt"></td><td style="padding:0;width:84.75pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:370.5pt;position:var(--position);width:169.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:169.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:39.22pt;position:var(--position);text-decoration:none;white-space:pre">Three Months Ended</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:370.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.41pt;width:370.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(In thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:370.5pt;position:var(--position);top:14.25pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.2pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:14.25pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.2pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:370.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:370.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest incurred</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:370.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:370.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Borrowings</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:370.5pt;position:var(--position);top:43.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:45.54pt"></span></span><span style="left:53.17pt;position:var(--position)">63,507<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:43.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:45.54pt"></span></span><span style="left:53.17pt;position:var(--position)">42,694<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:370.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:370.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Other</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:370.5pt;position:var(--position);top:58.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:63.04pt"></span></span><span style="left:65.67pt;position:var(--position)">741<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:58.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:63.04pt"></span></span><span style="left:65.67pt;position:var(--position)">244<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:370.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:370.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total interest incurred</span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:370.5pt;position:var(--position);top:73.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:50.54pt"></span></span><span style="left:53.17pt;position:var(--position)">64,248<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:73.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:50.54pt"></span></span><span style="left:53.17pt;position:var(--position)">42,938<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:370.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:370.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">LESS: Capitalized interest</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:370.5pt;position:var(--position);top:87.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:63.04pt"></span></span><span style="left:65.67pt;position:var(--position)">836<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:87.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:63.04pt"></span></span><span style="left:65.67pt;position:var(--position)">226<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:102.75pt;width:370.5pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:370.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Interest expense</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:370.5pt;position:var(--position);top:102.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.54pt"></span></span><span style="left:53.17pt;position:var(--position)">63,412<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:102.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.75pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:45.54pt"></span></span><span style="left:53.17pt;position:var(--position)">42,712<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 63507000 42694000 741000 244000 64248000 42938000 836000 226000 63412000 42712000 314600000 2117334000 508506000 22641000 2963081000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:86.59pt">Note 11 - Fair Value</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:63pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.98pt">The fair value of an asset or liability is defined as the price that would be received for an asset or paid to transfer a liability in the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:87pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:540pt">measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:576pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.94pt">of unobservable inputs. To determine fair value, the Company applies a hierarchy that consists of three input levels. The first and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:370.03pt">second levels are regarded as observable, while the third is categorized as unobservable. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:406.03pt;position:var(--position);text-decoration:none;white-space:pre;width:169.91pt">These input levels may be utilized in the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:180.32pt">measurement of fair value as outlined below:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:141pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:50.25pt"></td><td style="padding:0;width:23.25pt"></td><td style="padding:0;width:32.25pt"></td><td style="padding:0;width:434.25pt"></td></tr><tr style="height:15pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:50.25pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:34.12pt">Level 1:</span></div></div></div></td><td colspan="3" style="font-size:0;text-align:left;vertical-align:top"><div style="left:50.25pt;position:var(--position);width:489.75pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:489.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:443.82pt">Inputs are unadjusted, quoted prices in active markets for identical assets or liabilities at the measurement date.</span></div></div></div></td></tr><tr style="height:15pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:15pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:34.12pt">Level 2:</span></div></div></div></td><td colspan="3" style="font-size:0;text-align:left;vertical-align:top"><div style="left:50.25pt;position:var(--position);top:15pt;width:489.75pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:489.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:317.42pt">Inputs (other than quoted prices included in Level 1) can include the following:</span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:179pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre;width:280.16pt">(1) Observable prices in active markets for similar assets or liabilities;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:194pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre;width:286.79pt">(2) Prices for identical assets or liabilities in markets that are not active;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:209pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre;width:380.36pt">(3) Directly observable market inputs for substantially the full term of the asset or liability; and</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:224pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre;width:455.02pt">(4) Market inputs that are not directly observable but are derived from or corroborated by observable market data.</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:239pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:50.25pt"></td><td style="padding:0;width:157.5pt"></td><td style="padding:0;width:157.5pt"></td><td style="padding:0;width:174.75pt"></td></tr><tr style="height:26.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:50.25pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:34.12pt">Level 3:</span></div></div></div></td><td colspan="3" style="font-size:0;text-align:left;vertical-align:top"><div style="left:50.25pt;position:var(--position);width:489.75pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:489.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:484.41pt">Unobservable inputs which reflect the Company’s best estimates of what market participants would use in pricing the</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:487.04pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:15.25pt;width:489.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:165.57pt">asset or liability at the measurement date.</span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:273.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:228.02pt">There were no transfers between fair value levels for the </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:264.02pt;position:var(--position);text-decoration:none;white-space:pre;width:78.25pt">three months ended</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:342.27pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:344.77pt;position:var(--position);text-decoration:none;white-space:pre;width:63.58pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:408.35pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:157.32pt">Recurring Fair Value Measurements</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:309.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:46.03pt">Derivatives</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:327.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.91pt">The Company measures the fair value of its derivatives in accordance with ASC 820, Fair Value Measurement, utilizing valuation</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:339.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.87pt">models that incorporate observable market inputs whenever available. These inputs typically include contractual terms, current market</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:351.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.88pt">prices, forward price curves for natural gas, liquids, and oil, relevant interest rate yield curves (such as U.S. Treasury and SOFR), and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:363.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:68.23pt">volatility factors.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:381.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.92pt">Derivatives are classified within the fair value hierarchy based on the observability of the inputs used in the valuation. The Company’s</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:393.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.83pt">fixed price swaps are classified as Level 2 and are valued using third-party discounted cash flow models, which rely on NYMEX</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:405.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.92pt">futures for natural gas and oil derivatives and OPIS forward curves for NGL derivatives. Interest rate derivatives, also classified as</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:417.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.87pt">Level 2, are valued using discounted cash flow models that incorporate contracted notional amounts, market-quoted SOFR yield</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:429.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:167.55pt">curves, and credit-adjusted risk-free rates.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:447.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.87pt">Options, including call options, put options, and collars, are classified as Level 2 and valued using the Black-Scholes option pricing</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:459.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">model. This model incorporates contract terms such as maturity, market parameters including NYMEX and OPIS futures, interest</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:471.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">rates, volatility, and counterparty credit risk. Volatility and other significant inputs are obtained from independent third-party pricing</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:483.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:189.49pt">sources and are subject to monthly verification.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:501.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:481.96pt">Basis swaps are classified as Level 2 and are valued using third-party models based on forward commodity price curves.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:519.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:497.21pt">Changes in key inputs, such as volatility, may result in changes to the fair value measurement of the Company’s derivatives.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:537.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:257.16pt">Assets and liabilities measured at fair value on a recurring basis </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:293.16pt;position:var(--position);text-decoration:none;white-space:pre;width:89.04pt">for the date presented:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:552.25pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:282.75pt"></td><td style="padding:0;width:86.25pt"></td><td style="padding:0;width:86.25pt"></td><td style="padding:0;width:84.75pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);width:257.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:257.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:83.23pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31, 2026</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:14.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:27.73pt;position:var(--position);text-decoration:none;white-space:pre">Level 1</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:14.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:27.73pt;position:var(--position);text-decoration:none;white-space:pre">Level 2</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:14.25pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:26.98pt;position:var(--position);text-decoration:none;white-space:pre">Level 3</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Assets</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:43.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:69.54pt"></span></span><span style="left:72.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:43.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:49.67pt;position:var(--position)">117,903<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:43.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:68.04pt"></span></span><span style="left:70.67pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:72.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:69.54pt"></span></span><span style="left:72.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:72.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:43.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(877,481)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:72.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:68.04pt"></span></span><span style="left:70.67pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total net assets (liabilities)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:87.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:64.54pt"></span></span><span style="left:72.17pt;position:var(--position)">—<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:87.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:38.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(759,578)</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:87.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:63.04pt"></span></span><span style="left:70.67pt;position:var(--position)">—<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:172.31pt">Nonrecurring Fair Value Measurements</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:683.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:210.65pt">Impairment of Proved Natural Gas &amp; Oil Properties</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:701.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.85pt">When impairment occurs, the Company estimates the fair value of the impaired proved natural gas and oil properties through a</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:713.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:386.5pt">discounted cash flow method, which incorporates Level 3 inputs that are not directly observable.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:45pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:91.32pt">Business combinations</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:63pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.93pt">The Company assesses the value of acquired proved properties using an income-based approach as of the acquisition date. This</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.8pt">method is classified as a Level 3 fair value estimate due to its reliance on key assumptions, such as anticipated production volumes,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.8pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:87pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.88pt">future commodity pricing, operating costs, weighted average cost of capital (the discount rate) and risk adjustments tailored to the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:86.52pt">reserve classification.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:122.52pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:217.05pt">Financial Instruments Not Measured at Fair Value</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:135pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.84pt">The carrying values of cash and cash equivalents, accounts receivable, other current assets, accounts payable, accrued liabilities, and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:147pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:372.78pt">other current liabilities approximate fair value due to the highly liquid or short-term nature. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:408.78pt;position:var(--position);text-decoration:none;white-space:pre;width:147.7pt">The Company’s Credit Facility (see </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:556.48pt;position:var(--position);text-decoration:none;white-space:pre;width:19.42pt">Note</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:159pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:10pt">10</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:46pt;position:var(--position);text-decoration:none;white-space:pre;width:529.84pt">) has a recorded value that approximates fair market value, as it bears interest at a floating rate that approximates a current market</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:171pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:17.46pt">rate.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.98pt">The fair value of an asset or liability is defined as the price that would be received for an asset or paid to transfer a liability in the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:87pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:540pt">measurement date. Valuation techniques used to measure fair value must maximize the use of observable inputs and minimize the use</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:576pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:99pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.94pt">of unobservable inputs. To determine fair value, the Company applies a hierarchy that consists of three input levels. The first and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:111pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:370.03pt">second levels are regarded as observable, while the third is categorized as unobservable. </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:406.03pt;position:var(--position);text-decoration:none;white-space:pre;width:169.91pt">These input levels may be utilized in the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.94pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:123pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:180.32pt">measurement of fair value as outlined below:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:141pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:50.25pt"></td><td style="padding:0;width:23.25pt"></td><td style="padding:0;width:32.25pt"></td><td style="padding:0;width:434.25pt"></td></tr><tr style="height:15pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:50.25pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:34.12pt">Level 1:</span></div></div></div></td><td colspan="3" style="font-size:0;text-align:left;vertical-align:top"><div style="left:50.25pt;position:var(--position);width:489.75pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:489.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:443.82pt">Inputs are unadjusted, quoted prices in active markets for identical assets or liabilities at the measurement date.</span></div></div></div></td></tr><tr style="height:15pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:15pt;width:50.25pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:34.12pt">Level 2:</span></div></div></div></td><td colspan="3" style="font-size:0;text-align:left;vertical-align:top"><div style="left:50.25pt;position:var(--position);top:15pt;width:489.75pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:489.75pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:317.42pt">Inputs (other than quoted prices included in Level 1) can include the following:</span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:179pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre;width:280.16pt">(1) Observable prices in active markets for similar assets or liabilities;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:194pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre;width:286.79pt">(2) Prices for identical assets or liabilities in markets that are not active;</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:209pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre;width:380.36pt">(3) Directly observable market inputs for substantially the full term of the asset or liability; and</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:224pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:90pt;position:var(--position);text-decoration:none;white-space:pre;width:455.02pt">(4) Market inputs that are not directly observable but are derived from or corroborated by observable market data.</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:239pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:50.25pt"></td><td style="padding:0;width:157.5pt"></td><td style="padding:0;width:157.5pt"></td><td style="padding:0;width:174.75pt"></td></tr><tr style="height:26.25pt"><td style="font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);width:50.25pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:50.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:34.12pt">Level 3:</span></div></div></div></td><td colspan="3" style="font-size:0;text-align:left;vertical-align:top"><div style="left:50.25pt;position:var(--position);width:489.75pt"><div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:3.75pt;width:489.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:484.41pt">Unobservable inputs which reflect the Company’s best estimates of what market participants would use in pricing the</span><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:487.04pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:15.25pt;width:489.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre;width:165.57pt">asset or liability at the measurement date.</span></div></div></div></td></tr></tbody></table></div></div></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:157.32pt">Recurring Fair Value Measurements</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:309.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:46.03pt">Derivatives</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:327.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.91pt">The Company measures the fair value of its derivatives in accordance with ASC 820, Fair Value Measurement, utilizing valuation</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:339.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.87pt">models that incorporate observable market inputs whenever available. These inputs typically include contractual terms, current market</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:351.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.88pt">prices, forward price curves for natural gas, liquids, and oil, relevant interest rate yield curves (such as U.S. Treasury and SOFR), and</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:363.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:68.23pt">volatility factors.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:381.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.92pt">Derivatives are classified within the fair value hierarchy based on the observability of the inputs used in the valuation. The Company’s</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:393.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.83pt">fixed price swaps are classified as Level 2 and are valued using third-party discounted cash flow models, which rely on NYMEX</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:405.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.92pt">futures for natural gas and oil derivatives and OPIS forward curves for NGL derivatives. Interest rate derivatives, also classified as</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.92pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:417.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.87pt">Level 2, are valued using discounted cash flow models that incorporate contracted notional amounts, market-quoted SOFR yield</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:429.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:167.55pt">curves, and credit-adjusted risk-free rates.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:447.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.87pt">Options, including call options, put options, and collars, are classified as Level 2 and valued using the Black-Scholes option pricing</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:459.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">model. This model incorporates contract terms such as maturity, market parameters including NYMEX and OPIS futures, interest</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:471.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.86pt">rates, volatility, and counterparty credit risk. Volatility and other significant inputs are obtained from independent third-party pricing</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.86pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:483.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:189.49pt">sources and are subject to monthly verification.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:501.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:481.96pt">Basis swaps are classified as Level 2 and are valued using third-party models based on forward commodity price curves.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:519.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:497.21pt">Changes in key inputs, such as volatility, may result in changes to the fair value measurement of the Company’s derivatives.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:172.31pt">Nonrecurring Fair Value Measurements</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:683.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:210.65pt">Impairment of Proved Natural Gas &amp; Oil Properties</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:701.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.85pt">When impairment occurs, the Company estimates the fair value of the impaired proved natural gas and oil properties through a</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:713.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:386.5pt">discounted cash flow method, which incorporates Level 3 inputs that are not directly observable.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:45pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:91.32pt">Business combinations</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:63pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.93pt">The Company assesses the value of acquired proved properties using an income-based approach as of the acquisition date. This</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.93pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.8pt">method is classified as a Level 3 fair value estimate due to its reliance on key assumptions, such as anticipated production volumes,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.8pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:87pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.88pt">future commodity pricing, operating costs, weighted average cost of capital (the discount rate) and risk adjustments tailored to the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:86.52pt">reserve classification.</span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:257.16pt">Assets and liabilities measured at fair value on a recurring basis </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:293.16pt;position:var(--position);text-decoration:none;white-space:pre;width:89.04pt">for the date presented:</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:552.25pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:282.75pt"></td><td style="padding:0;width:86.25pt"></td><td style="padding:0;width:86.25pt"></td><td style="padding:0;width:84.75pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);width:257.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:257.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:83.23pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31, 2026</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:14.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:27.73pt;position:var(--position);text-decoration:none;white-space:pre">Level 1</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:14.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:27.73pt;position:var(--position);text-decoration:none;white-space:pre">Level 2</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:14.25pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:26.98pt;position:var(--position);text-decoration:none;white-space:pre">Level 3</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Assets</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:43.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:69.54pt"></span></span><span style="left:72.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:43.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:49.67pt;position:var(--position)">117,903<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:43.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:68.04pt"></span></span><span style="left:70.67pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:72.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:69.54pt"></span></span><span style="left:72.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:72.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:43.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(877,481)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:72.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:68.04pt"></span></span><span style="left:70.67pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total net assets (liabilities)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:87.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:64.54pt"></span></span><span style="left:72.17pt;position:var(--position)">—<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:87.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:38.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(759,578)</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:87.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:63.04pt"></span></span><span style="left:70.67pt;position:var(--position)">—<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:257.16pt">Assets and liabilities measured at fair value on a recurring basis </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:293.16pt;position:var(--position);text-decoration:none;white-space:pre;width:89.04pt">for the date presented:</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:552.25pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:282.75pt"></td><td style="padding:0;width:86.25pt"></td><td style="padding:0;width:86.25pt"></td><td style="padding:0;width:84.75pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="3" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);width:257.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:257.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:83.23pt;position:var(--position);text-decoration:none;white-space:pre">As of March 31, 2026</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:14.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:27.73pt;position:var(--position);text-decoration:none;white-space:pre">Level 1</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:14.25pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:27.73pt;position:var(--position);text-decoration:none;white-space:pre">Level 2</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:14.25pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:26.98pt;position:var(--position);text-decoration:none;white-space:pre">Level 3</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Assets</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:43.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:69.54pt"></span></span><span style="left:72.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:43.5pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:47.04pt"></span></span><span style="left:49.67pt;position:var(--position)">117,903<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:43.5pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:68.04pt"></span></span><span style="left:70.67pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:72.75pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Derivatives</span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:72.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:69.54pt"></span></span><span style="left:72.17pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:72.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:43.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(877,481)</span></span></div></div></div></td><td style="background-color:#ffffff;border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:72.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:68.04pt"></span></span><span style="left:70.67pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:87.75pt;width:282.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:282.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Total net assets (liabilities)</span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282.75pt;position:var(--position);top:87.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:64.54pt"></span></span><span style="left:72.17pt;position:var(--position)">—<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:369pt;position:var(--position);top:87.75pt;width:86.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:86.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:38.71pt"></span></span><span style="left:46.34pt;position:var(--position)">(759,578)</span></span></div></div></div></td><td style="background-color:#cceeff;border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:455.25pt;position:var(--position);top:87.75pt;width:84.75pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:84.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.77pt;width:63.04pt"></span></span><span style="left:70.67pt;position:var(--position)">—<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 0 117903000 0 0 877481000 0 0 -759578000 0 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:174.61pt">Note 12 - Commitments &amp; Contingencies</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:207pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:99.07pt">Delivery Commitments</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:225pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.88pt">We have contractually agreed to deliver firm quantities of natural gas to various customers, which we expect to fulfill with production</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:237pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:466.14pt">from existing reserves. To ensure we meet these commitments, we regularly monitor our proved developed reserves.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:255pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.84pt">The following table summarizes our total undiscounted commitments, compiled using best estimates based on our sales strategy, as of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:267pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:63.58pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.58pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.08pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:285pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:87.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:64.5pt"></td></tr><tr style="height:26.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:3.34pt;position:var(--position);text-decoration:none;white-space:pre">Remainder of </span></div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:22.62pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:22.25pt;position:var(--position);text-decoration:none;white-space:pre">2027</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:22.25pt;position:var(--position);text-decoration:none;white-space:pre">2028</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282pt;position:var(--position);width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:22.25pt;position:var(--position);text-decoration:none;white-space:pre">2029</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:346.5pt;position:var(--position);width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:22.25pt;position:var(--position);text-decoration:none;white-space:pre">2030</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.23pt;position:var(--position);text-decoration:none;white-space:pre">Thereafter</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:475.5pt;position:var(--position);width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:20.87pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:26.25pt;width:87.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:87.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Natural gas (MMcf)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:26.25pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:26.04pt"></span></span><span style="left:28.669999999999998pt;position:var(--position)">263,869<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:26.25pt;width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:25.29pt"></span></span><span style="left:27.919999999999998pt;position:var(--position)">109,942<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:26.25pt;width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:30.29pt"></span></span><span style="left:32.92pt;position:var(--position)">68,212<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282pt;position:var(--position);top:26.25pt;width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:30.29pt"></span></span><span style="left:32.92pt;position:var(--position)">54,584<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:346.5pt;position:var(--position);top:26.25pt;width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:30.29pt"></span></span><span style="left:32.92pt;position:var(--position)">54,584<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:26.25pt;width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:17.79pt"></span></span><span style="left:20.419999999999998pt;position:var(--position)">1,013,206<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:475.5pt;position:var(--position);top:26.25pt;width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:17.79pt"></span></span><span style="left:20.419999999999998pt;position:var(--position)">1,564,397<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:337.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:165.15pt">Litigation and Regulatory Proceedings</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:355.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.88pt">The Company is involved in various pending legal issues that have arisen in the ordinary course of business. The Company accrues for</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.88pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:367.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:497.73pt">litigation, claims, and proceedings when a liability is both probable and the amount can be reasonably estimated. As of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:533.73pt;position:var(--position);text-decoration:none;white-space:pre;width:42.16pt">March 31,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:379.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:20pt">2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:56pt;position:var(--position);text-decoration:none;white-space:pre;width:76.33pt">, the Company did </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:132.32999999999998pt;position:var(--position);text-decoration:none;white-space:pre;width:12.77pt">not</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:145.1pt;position:var(--position);text-decoration:none;white-space:pre;width:310.66pt"> have any material amounts accrued related to litigation or regulatory matters.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:397.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.85pt">For any matters not accrued for, it is not possible to estimate the amount of any additional loss or range of loss that is reasonably</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:409.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.95pt">possible. However, based on the nature of the claims, management believes that current litigation, claims, and proceedings are not,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.95pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:421.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.91pt">individually or in aggregate, after considering insurance coverage and indemnification, likely to have a material adverse impact on the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:433.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:265.03pt">Company’s financial position, results of operations, or cash flows.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:451.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.87pt">The Company has no other contingent liabilities that would have a material impact on the Company’s financial position, results of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.87pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:463.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:102.41pt">operations, or cash flows.</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:481.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:100.74pt">Environmental Matters</span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:499.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.9pt">The Company’s operations are subject to environmental laws and regulations in all the jurisdictions where it operates, and the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:511.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:183.66pt">Company was in material compliance as of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:219.66pt;position:var(--position);text-decoration:none;white-space:pre;width:66.04pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:285.7pt;position:var(--position);text-decoration:none;white-space:pre;width:290.15pt">. However, the Company is unable to predict the impact of additional</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:523.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.91pt">environmental laws and regulations that may be adopted in the future, including whether they would adversely affect its operations.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:535.25pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.97pt">The Company can offer no assurance regarding the significance or cost of compliance associated with any new environmental</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:173.93pt">legislation or regulation once implemented.</span> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.84pt">The following table summarizes our total undiscounted commitments, compiled using best estimates based on our sales strategy, as of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:267pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:63.58pt">March 31, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:99.58pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.08pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:285pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:540pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:87.75pt"></td><td style="padding:0;width:65.25pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:64.5pt"></td><td style="padding:0;width:64.5pt"></td></tr><tr style="height:26.25pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:3.34pt;position:var(--position);text-decoration:none;white-space:pre">Remainder of </span></div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:22.62pt;position:var(--position);text-decoration:none;white-space:pre">2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:22.25pt;position:var(--position);text-decoration:none;white-space:pre">2027</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:22.25pt;position:var(--position);text-decoration:none;white-space:pre">2028</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282pt;position:var(--position);width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:22.25pt;position:var(--position);text-decoration:none;white-space:pre">2029</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:346.5pt;position:var(--position);width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:22.25pt;position:var(--position);text-decoration:none;white-space:pre">2030</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:9.23pt;position:var(--position);text-decoration:none;white-space:pre">Thereafter</span></div></div></div></td><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:475.5pt;position:var(--position);width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:15.83pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:20.87pt;position:var(--position);text-decoration:none;white-space:pre">Total</span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:26.25pt;width:87.75pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:87.75pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Natural gas (MMcf)</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:87.75pt;position:var(--position);top:26.25pt;width:65.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:65.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:26.04pt"></span></span><span style="left:28.669999999999998pt;position:var(--position)">263,869<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:153pt;position:var(--position);top:26.25pt;width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:25.29pt"></span></span><span style="left:27.919999999999998pt;position:var(--position)">109,942<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:217.5pt;position:var(--position);top:26.25pt;width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:30.29pt"></span></span><span style="left:32.92pt;position:var(--position)">68,212<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:282pt;position:var(--position);top:26.25pt;width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:30.29pt"></span></span><span style="left:32.92pt;position:var(--position)">54,584<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:346.5pt;position:var(--position);top:26.25pt;width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:30.29pt"></span></span><span style="left:32.92pt;position:var(--position)">54,584<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:411pt;position:var(--position);top:26.25pt;width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:17.79pt"></span></span><span style="left:20.419999999999998pt;position:var(--position)">1,013,206<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:475.5pt;position:var(--position);top:26.25pt;width:64.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.58pt;width:64.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.77pt;width:17.79pt"></span></span><span style="left:20.419999999999998pt;position:var(--position)">1,564,397<span style="display:inline-block;height:6.77pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 263869000 109942000 68212000 54584000 54584000 1013206000 1564397000 0 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:202.13pt">Note 13 - Supplemental Cash Flow Information</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:63pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:321.57pt">The following table summarizes supplemental cash flow information as follows:</span></div><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:75pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:539.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:332.25pt"></td><td style="padding:0;width:103.5pt"></td><td style="padding:0;width:103.5pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);width:207pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:207pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:57.97pt;position:var(--position);text-decoration:none;white-space:pre">Three Months Ended</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:14.25pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:18.57pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:14.25pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:18.57pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Supplemental cash flow information:</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash paid for interest</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:43.5pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:64.29pt"></span></span><span style="left:71.92pt;position:var(--position)">52,169<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:43.5pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:64.29pt"></span></span><span style="left:71.92pt;position:var(--position)">41,514<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash paid for income taxes</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:58.5pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.79pt"></span></span><span style="left:84.42pt;position:var(--position)">356<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:58.5pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:86.79pt"></span></span><span style="left:89.42pt;position:var(--position)">70<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash paid for amounts included in the measurement of operating lease liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:73.5pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:74.29pt"></span></span><span style="left:76.92pt;position:var(--position)">2,357<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:73.5pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.79pt"></span></span><span style="left:84.42pt;position:var(--position)">694<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:88.5pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash paid for amounts included in the measurement of finance lease liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:88.5pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:74.29pt"></span></span><span style="left:76.92pt;position:var(--position)">5,224<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:88.5pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:74.29pt"></span></span><span style="left:76.92pt;position:var(--position)">3,714<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:103.5pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Supplemental disclosure of non-cash transactions:</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117.75pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Issuance of common stock for acquisitions</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:117.75pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:81.79pt"></span></span><span style="left:89.42pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:117.75pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:59.29pt"></span></span><span style="left:66.92pt;position:var(--position)">253,271<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:132.75pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Additions to asset retirement obligations</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:132.75pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:86.79pt"></span></span><span style="left:89.42pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:132.75pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:64.29pt"></span></span><span style="left:66.92pt;position:var(--position)">184,960<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:147.75pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Right-of-use assets obtained in exchange for operating lease liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:147.75pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:69.29pt"></span></span><span style="left:71.92pt;position:var(--position)">24,440<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:147.75pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:69.29pt"></span></span><span style="left:71.92pt;position:var(--position)">27,031<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162.75pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Right-of-use assets obtained in exchange for finance lease liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:162.75pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:74.29pt"></span></span><span style="left:76.92pt;position:var(--position)">5,897<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:162.75pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:74.29pt"></span></span><span style="left:76.92pt;position:var(--position)">8,659<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:263.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.9pt">Cash paid for amounts included in the measurement of operating lease liabilities represents total lease payments made during the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:275.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.83pt">period. For finance leases, cash paid for amounts included in the measurement of lease liabilities represents the principal portion of</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.83pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:287.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:330.95pt">lease payments. Interest paid on finance leases is included in cash paid for interest.</span></div> <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:321.57pt">The following table summarizes supplemental cash flow information as follows:</span><div style="position:var(--position);text-align:justify;text-align-last:var(--justify);top:75pt;width:612pt"><div style="font-size:0pt;left:36pt;position:var(--position);width:539.25pt"><div><table style="border-collapse:collapse;display:inline-table;width:100%"><tbody><tr style="height:0"><td style="padding:0;width:332.25pt"></td><td style="padding:0;width:103.5pt"></td><td style="padding:0;width:103.5pt"></td></tr><tr style="height:14.25pt"><td style="font-size:0;text-align:left;vertical-align:top"></td><td colspan="2" style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);width:207pt"><div><div style="line-height:10pt;position:var(--position);top:3.79pt;width:207pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:57.97pt;position:var(--position);text-decoration:none;white-space:pre">Three Months Ended</span></div></div></div></td></tr><tr style="height:15pt"><td style="border-bottom:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:14.25pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.08pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:italic;font-weight:normal;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">(in thousands)</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:14.25pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:18.57pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2026</span></div></div></div></td><td style="border-bottom:1pt solid #000;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:14.25pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.16pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:18.57pt;position:var(--position);text-decoration:none;white-space:pre">March 31, 2025</span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:29.25pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Supplemental cash flow information:</span></div></div></div></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#cceeff;border-top:1pt solid #000;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:43.5pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash paid for interest</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:43.5pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:64.29pt"></span></span><span style="left:71.92pt;position:var(--position)">52,169<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:43.5pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:64.29pt"></span></span><span style="left:71.92pt;position:var(--position)">41,514<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:58.5pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash paid for income taxes</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:58.5pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.79pt"></span></span><span style="left:84.42pt;position:var(--position)">356<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:58.5pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:86.79pt"></span></span><span style="left:89.42pt;position:var(--position)">70<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:73.5pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash paid for amounts included in the measurement of operating lease liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:73.5pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:74.29pt"></span></span><span style="left:76.92pt;position:var(--position)">2,357<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:73.5pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:81.79pt"></span></span><span style="left:84.42pt;position:var(--position)">694<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:88.5pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Cash paid for amounts included in the measurement of finance lease liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:88.5pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:74.29pt"></span></span><span style="left:76.92pt;position:var(--position)">5,224<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:88.5pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:74.29pt"></span></span><span style="left:76.92pt;position:var(--position)">3,714<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:14.25pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:103.5pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:3.83pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:2.63pt;position:var(--position);text-decoration:none;white-space:pre">Supplemental disclosure of non-cash transactions:</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:117.75pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Issuance of common stock for acquisitions</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:117.75pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:81.79pt"></span></span><span style="left:89.42pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:117.75pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)">$<span style="display:inline-block;height:6.93pt;width:59.29pt"></span></span><span style="left:66.92pt;position:var(--position)">253,271<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:132.75pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Additions to asset retirement obligations</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:132.75pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:86.79pt"></span></span><span style="left:89.42pt;position:var(--position)">—<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:132.75pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:64.29pt"></span></span><span style="left:66.92pt;position:var(--position)">184,960<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:147.75pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Right-of-use assets obtained in exchange for operating lease liabilities</span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:147.75pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:69.29pt"></span></span><span style="left:71.92pt;position:var(--position)">24,440<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#cceeff;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:147.75pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:69.29pt"></span></span><span style="left:71.92pt;position:var(--position)">27,031<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr><tr style="height:15pt"><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="position:var(--position);top:162.75pt;width:332.25pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:332.25pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:8.63pt;position:var(--position);text-decoration:none;white-space:pre">Right-of-use assets obtained in exchange for finance lease liabilities</span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:332.25pt;position:var(--position);top:162.75pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:74.29pt"></span></span><span style="left:76.92pt;position:var(--position)">5,897<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td><td style="background-color:#ffffff;font-size:0;text-align:left;vertical-align:top"><div style="left:435.75pt;position:var(--position);top:162.75pt;width:103.5pt"><div><div style="line-height:10pt;position:var(--position);top:4.42pt;width:103.5pt"><span style="color:#000000;font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;text-decoration:none;white-space:pre"><span style="left:2.63pt;position:var(--position)"><span style="display:inline-block;height:6.93pt;width:74.29pt"></span></span><span style="left:76.92pt;position:var(--position)">8,659<span style="display:inline-block;height:6.93pt;width:3.33pt"></span></span></span></div></div></div></td></tr></tbody></table></div></div></div> 52169000 41514000 356000 70000 2357000 694000 5224000 3714000 0 253271000 0 184960000 24440000 27031000 5897000 8659000 <span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:121.62pt">Note 14 - Subsequent Events</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:52.75pt">Acquisitions</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.03pt">In </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:47.03pt;position:var(--position);text-decoration:none;white-space:pre;width:41.02pt">May 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.05pt;position:var(--position);text-decoration:none;white-space:pre;width:487.92pt">, the Company entered into an agreement to acquire the securities of certain affiliates of Camino Natural Resources, LLC</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:353.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:465.36pt">(“Camino”) owning certain producing properties and undeveloped acreage for an estimated gross purchase price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:501.36pt;position:var(--position);text-decoration:none;white-space:pre;width:46.27pt">$1.2 billion</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:547.63pt;position:var(--position);text-decoration:none;white-space:pre;width:28.21pt"> before</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.84pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:365.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.9pt">customary purchase price adjustments. Simultaneously, the Company entered into an agreement with Carlyle Global Credit</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:377.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:306.81pt">Investment Management, LLC (“Carlyle”) in which Carlyle agreed to fund </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:342.81pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">60%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:361.14pt;position:var(--position);text-decoration:none;white-space:pre;width:214.84pt"> of the purchase price for the producing properties in</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.98pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:389.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:66.38pt">exchange for a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:102.38pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">60%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:120.71pt;position:var(--position);text-decoration:none;white-space:pre;width:436.86pt"> ownership interest in a newly formed special purpose vehicle (“SPV”), with the Company retaining a </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:557.57pt;position:var(--position);text-decoration:none;white-space:pre;width:18.33pt">40%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:401.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.89pt">ownership interest in the SPV. At closing, the producing assets are expected to be contributed to an indirect subsidiary of the SPV,</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.89pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:413.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.8pt">which will be controlled by Carlyle. The acquisition of the producing assets will be funded by an ABS collateralized by the acquired</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.8pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:425.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:539.97pt">assets, the funds contributed by Carlyle and borrowings under the Company’s Credit Facility. The acquisition of the undeveloped</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.97pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:437.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:421.23pt">acreage will be funded by borrowings under the Company’s Credit Facility and the Company will retain </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:457.23pt;position:var(--position);text-decoration:none;white-space:pre;width:23.33pt">100%</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:480.56pt;position:var(--position);text-decoration:none;white-space:pre;width:95.34pt"> of the ownership in the</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.9pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:449.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:507.46pt">undeveloped acreage. The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.79pt">In </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:47.79pt;position:var(--position);text-decoration:none;white-space:pre;width:44.55pt">April 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:92.34pt;position:var(--position);text-decoration:none;white-space:pre;width:217.06pt">, the Company completed the previously announced </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:309.4pt;position:var(--position);text-decoration:none;white-space:pre;width:266.6pt">transaction to acquire certain oil and natural gas wells, leasehold</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:576pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:479.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:284.12pt">interests and related assets from Sheridan for a gross purchase price of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:320.12pt;position:var(--position);text-decoration:none;white-space:pre;width:51.35pt">$248 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:371.47pt;position:var(--position);text-decoration:none;white-space:pre;width:185.33pt"> before customary purchase price adjustments.</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:556.8pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:42.76pt">Dividends</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:515.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:11.5pt">In </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:47.5pt;position:var(--position);text-decoration:none;white-space:pre;width:41.49pt">May 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:88.99000000000001pt;position:var(--position);text-decoration:none;white-space:pre;width:464.51pt">, the Company’s Board of Directors declared a cash dividend on the Company’s common stock in the amount of </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:553.5pt;position:var(--position);text-decoration:none;white-space:pre;width:22.5pt">$0.29</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:576pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:527.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:152.06pt">per share. The dividend is payable on </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:188.06pt;position:var(--position);text-decoration:none;white-space:pre;width:80.22pt">September 30, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:268.28pt;position:var(--position);text-decoration:none;white-space:pre;width:225.37pt"> to stockholders on record as of the close of business on </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:493.65pt;position:var(--position);text-decoration:none;white-space:pre;width:66.38pt">August 28, 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:560.03pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt">.</span></div><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:bold;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:49.96pt">Borrowings</span><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:563.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:13.29pt">In </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:49.29pt;position:var(--position);text-decoration:none;white-space:pre;width:46.05pt">April 2026</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:95.34pt;position:var(--position);text-decoration:none;white-space:pre;width:480.57pt">, the Company completed the semi-annual borrowing base redetermination of the revolving Credit Facility. The</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.91pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:575.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:216.91pt">borrowing base under the facility was increased from </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:252.91pt;position:var(--position);text-decoration:none;white-space:pre;width:51.55pt">$825 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:304.46pt;position:var(--position);text-decoration:none;white-space:pre;width:13.17pt"> to </span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:317.63pt;position:var(--position);text-decoration:none;white-space:pre;width:51.55pt">$900 million</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:369.18pt;position:var(--position);text-decoration:none;white-space:pre;width:206.67pt"> as a result of the increase in collateral from certain</span><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:575.85pt;position:var(--position);text-decoration:none;white-space:pre;width:2.5pt"> </span></div><div style="font-size:12pt;line-height:10pt;position:var(--position);text-align:justify;text-align-last:var(--justify);top:587.75pt;width:612pt"><span style="font-family:'Times New Roman', serif;font-size:10pt;font-style:normal;font-weight:normal;left:36pt;position:var(--position);text-decoration:none;white-space:pre;width:172.01pt">assets acquired in the Sheridan acquisition.</span></div> 1200000000 0.60 0.60 0.40 1 248000000 0.29 825000000 900000000 false false false false