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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 175 $ 304,490
Accounts receivable, less allowance for doubtful accounts of $250 and $255 239,225 302,212
Derivative assets 60,395 84,479
Prepaid assets 11,131 12,722
Other current assets 23,900 17,558
Total current assets 334,826 721,461
Derivative assets 1,757 2,619
Natural gas and oil properties, net (successful efforts method) [1] 6,627,222 6,421,700
Other Property and equipment, net 3,464 2,465
Operating lease right-of-use assets 154,842 119,838
Other assets 75,652 79,592
Total assets 7,197,763 7,347,675
Current liabilities:    
Accounts payable 139,619 133,132
Asset retirement obligations 1,189 1,189
Accrued liabilities 293,513 289,148
Deferred compensation liabilities 5,895 21,649
Accrued interest 13,682 36,920
Derivative liabilities 2,464 9,634
Operating lease liabilities 60,384 87,138
Divestiture contract obligation 78,360 86,991
Current maturities of long-term debt 0 608,269
Total current liabilities 595,106 1,274,070
Bank debt 125,650 0
Senior notes 1,091,117 1,089,614
Deferred tax liabilities 650,428 541,378
Derivative liabilities 2,049 10,488
Deferred compensation liabilities 67,293 65,233
Operating lease liabilities 95,937 35,737
Asset retirement obligations and other liabilities 145,640 137,181
Divestiture contract obligation 221,035 257,317
Total liabilities 2,994,255 3,411,018
Commitments and contingencies
Stockholders’ Equity    
Preferred stock, $1 par, 10,000,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.01 par, 475,000,000 shares authorized, 268,561,524 issued at September 30, 2025 and 267,435,419 shares at December 31, 2024 2,686 2,674
Common stock held in treasury, at cost, 31,625,711 shares at September 30, 2025 and 26,766,065 shares at December 31, 2024 (691,996) (513,941)
Additional paid-in capital 5,959,090 5,927,893
Accumulated other comprehensive income 568 611
Retained deficit (1,066,840) (1,480,580)
Total stockholders' equity 4,203,508 3,936,657
Total liabilities and stockholders’ equity $ 7,197,763 $ 7,347,675
[1] Includes capitalized asset retirement costs and the associated accumulated amortization.