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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities:      
Net income $ 266,340,000 $ 871,142,000 $ 1,183,370,000
Adjustments to reconcile net income to net cash provided from operating activities:      
Deferred income tax (benefit) expense (23,900,000) 227,654,000 215,772,000
Depletion, depreciation and amortization 358,356,000 350,165,000 353,420,000
Abandonment and impairment of unproved properties 8,417,000 46,359,000 28,608,000
Derivative fair value (income) loss (56,726,000) (821,154,000) 1,188,506,000
Cash settlements on derivative financial instruments 432,392,000 253,514,000 (1,190,154,000)
Divestiture contract obligation, including accretion 37,088,000 99,595,000 69,766,000
Allowance for bad debt 50,000 0 (250,000)
Amortization of deferred financing costs and other 4,526,000 4,735,000 7,959,000
Deferred and stock-based compensation 53,864,000 67,849,000 107,959,000
Gain on the sale of assets (311,000) (454,000) (409,000)
(Gain) loss on early extinguishment of debt (257,000) (438,000) 69,493,000
Changes in working capital:      
Accounts receivable (19,586,000) 223,081,000 (3,286,000)
Other current assets 3,676,000 (1,285,000) (18,438,000)
Accounts payable (443,000) (77,057,000) 17,077,000
Accrued liabilities and other (118,972,000) (265,814,000) (164,649,000)
Net cash provided from operating activities 944,514,000 977,892,000 1,864,744,000
Investing activities:      
Additions to natural gas properties (570,426,000) (571,819,000) (456,505,000)
Additions to field service assets (2,069,000) (701,000) (682,000)
Acreage purchases (56,085,000) (34,410,000) (30,885,000)
Proceeds from disposal of assets 313,000 872,000 518,000
Purchases of marketable securities held by the deferred compensation plan (41,798,000) (45,168,000) (43,691,000)
Proceeds from the sales of marketable securities held by the deferred compensation plan 46,232,000 49,521,000 41,413,000
Net cash used in investing activities (623,833,000) (601,705,000) (489,832,000)
Financing activities:      
Borrowings on credit facility 0 185,000,000 972,000,000
Repayments on credit facility 0 (204,000,000) (953,000,000)
Issuance of senior notes 0 0 500,000,000
Repayment of senior notes (79,272,000) (60,934,000) (1,659,422,000)
Dividends paid (77,463,000) (77,241,000) (38,638,000)
Treasury stock purchases (65,260,000) (19,042,000) (399,699,000)
Debt issuance costs 0 0 (16,176,000)
Taxes paid for shares withheld (25,217,000) (39,481,000) (25,492,000)
Change in cash overdrafts (1,084,000) (23,923,000) 9,071,000
Proceeds from the sales of common stock held by the deferred compensation plan 20,131,000 75,201,000 22,229,000
Net cash used in financing activities (228,165,000) (164,420,000) (1,589,127,000)
Increase (decrease) in cash and cash equivalents 92,516,000 211,767,000 (214,215,000)
Cash and cash equivalents at beginning of period 211,974,000 207,000 214,422,000
Cash and cash equivalents at end of period $ 304,490,000 $ 211,974,000 $ 207,000