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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues:      
Oil, natural gas and natural gas liquids revenues $ 611,070 $ 574,542 $ 355,430
Lease bonus and other income 13,344 18,814 14,182
Total revenues 624,414 593,356 369,612
Operating expenses:      
Management fees to affiliates 0 0 3,241
Depreciation, depletion and amortization 320,297 291,320 104,511
General and administrative 54,725 49,620 42,299
Production taxes and other 46,383 46,939 25,572
Impairment of oil and gas properties 0 25,617 0
Loss on sale of oil and gas properties 0 144,471 0
Total operating expenses 421,405 557,967 175,623
Net income from operations 203,009 35,389 193,989
Other income (expense):      
Interest expense, net (85,240) (93,413) (35,499)
Change in fair value of warrant liability 0 2,950 3,662
Loss on extinguishment of debt 0 (21,566) (11,487)
Commodity derivatives gains (losses) (4,905) 15,199 39,037
Interest rate derivatives gains 0 462 110
Net income (loss) before taxes 112,864 (60,979) 189,812
Income tax benefit (expense) (17,935) 14,284 (5,681)
Net income (loss) 94,929 (46,695) 184,131
Net income attributable to Predecessor     (78,104)
Net income attributable to temporary equity     (90,377)
Net (income) loss attributable to noncontrolling interest (53,983) 31,159 51
Net income (loss) attributable to Class A stockholders $ 40,946 $ (15,536) $ 15,701
Net income (loss) per share of Class A Common Stock      
Basic (in USD per share) $ 0.49 $ (0.20) $ 1.10
Diluted (in USD per share) $ 0.49 $ (0.20) $ 1.10
Weighted average Class A Common Stock outstanding      
Basic (in shares) 80,621 81,269 13,723
Diluted (in shares) 80,856 81,269 13,723