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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues and other income:        
Total Revenues from Contracts with Customers $ 699,647 $ 509,842 $ 1,545,975 $ 1,105,675
Derivative fair value income (loss) 154,747 16,808 (4,210) 63,406
Other income 1,881 3,459 5,064 6,484
Total revenues and other income 856,275 530,109 1,546,829 1,175,565
Costs and expenses:        
Taxes other than income 7,835 4,974 14,822 10,342
Brokered natural gas and marketing 34,985 34,096 93,186 65,699
Exploration 7,928 6,651 14,319 11,177
Abandonment and impairment of unproved properties 6,781 1,524 11,355 3,895
General and administrative 42,146 40,141 83,837 84,082
Exit costs 8,502 10,094 17,399 20,409
Deferred compensation plan (88) 1,240 2,791 7,645
Interest 26,796 29,713 55,957 60,189
Gain on early extinguishment of debt 0 (179) (3) (243)
Depletion, depreciation and amortization 91,514 87,598 182,073 174,735
Total costs and expenses 554,233 520,099 1,135,052 1,055,213
Income before income taxes 302,042 10,010 411,777 120,352
Income tax expense (benefit):        
Current 4,645 2,399 6,645 3,981
Deferred 59,819 (21,093) 70,502 (4,471)
Income tax expense 64,464 (18,694) 77,147 (490)
Net income $ 237,578 $ 28,704 $ 334,630 $ 120,842
Net income per common share:        
Basic $ 0.99 $ 0.12 $ 1.4 $ 0.5
Diluted 0.99 0.12 1.39 0.49
Dividends declared per share $ 0.09 $ 0.08 $ 0.18 $ 0.16
Weighted average common shares outstanding:        
Basic 238,187 241,125 239,106 240,815
Diluted 239,717 242,983 240,772 242,766
Natural Gas, NGLs and Oil Sales        
Revenues and other income:        
Total Revenues from Contracts with Customers $ 666,638 $ 478,450 $ 1,458,558 $ 1,045,451
Brokered Natural Gas and Marketing        
Revenues and other income:        
Total Revenues from Contracts with Customers 33,009 31,392 87,417 60,224
Direct Operating        
Costs and expenses:        
Costs and expenses 23,120 22,752 48,493 44,913
Transportation, Gathering, Processing and Compression        
Costs and expenses:        
Costs and expenses $ 304,714 $ 281,495 $ 610,823 $ 572,370