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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities:    
Net income $ 478,937 $ 171,498
Adjustments to reconcile net income to net cash provided from operating activities:    
Deferred income tax expense 110,561 9,820
Depletion, depreciation and amortization 275,866 265,872
Abandonment and impairment of unproved properties 16,254 8,618
Derivative fair value income (88,736) (110,530)
Cash settlements on derivative financial instruments 98,072 362,695
Divestiture contract obligation, including accretion 25,484 27,933
Amortization of deferred financing costs and other 2,996 3,352
Deferred and stock-based compensation 36,378 37,597
Gain on the sale of assets (158) (222)
Gain on early extinguishment of debt (3) (254)
Changes in working capital:    
Accounts receivable 63,063 101,530
Other current assets (5,084) (1,809)
Accounts payable 8,016 (27,052)
Accrued liabilities and other (107,828) (122,424)
Net cash provided from operating activities 913,818 726,624
Investing activities:    
Additions to natural gas properties (433,415) (432,264)
Additions to field service assets (2,036) (1,371)
Acreage purchases (51,499) (44,787)
Proceeds from disposal of assets 161 273
Purchases of marketable securities held by the deferred compensation plan (18,459) (36,681)
Proceeds from the sales of marketable securities held by the deferred compensation plan 23,009 42,225
Net cash used in investing activities (482,239) (472,605)
Financing activities:    
Borrowings on credit facility 885,000 0
Repayments on credit facility (756,000) 0
Repayment of senior notes (608,699) (69,846)
Dividends paid (64,437) (58,127)
Treasury stock purchases (176,613) (44,136)
Taxes paid for shares withheld (21,482) (25,201)
Change in cash overdrafts (5,798) (9,070)
Proceeds from the sales of common stock held by the deferred compensation plan 12,135 17,837
Net cash used in financing activities (735,894) (188,543)
(Decrease) increase in cash and cash equivalents (304,315) 65,476
Cash and cash equivalents at beginning of period 304,490 211,974
Cash and cash equivalents at end of period $ 175 $ 277,450