SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2024

The following table presents selected financial information with respect to the Company's one operating segment for the years ended December 31, 2024, 2023 and 2022 (in thousands):


	Year Ended December 31, 2024		Year Ended December 31, 2023		Year Ended December 31, 2022
Total revenues	$	958,131	$	1,791,702	$	1,331,112
Significant segment expenses
Lease operating expenses	70,112		68,648		64,790
Taxes other than income	29,737		33,717		60,139
Transportation, gathering, processing and compression	351,237		348,631		357,246
Depreciation, depletion, and amortization	325,723		319,715		267,761
Impairment of oil and gas properties	373,214		—		—
General and administrative	42,558		38,600		35,304
Interest expense	59,982		57,069		59,773
Other segment expenses(1)	23,031		(20,438)		(8,602)
Income tax benefit	(56,077)		(525,156)		—
Total significant segment expenses	1,219,517		320,786		836,411
Net (loss) income	$	(261,386)	$	1,470,916	$	494,701

Capital expenditures(2)	$	464,492	$	521,187	$	470,396

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(1) Other segment expenses include “Restructuring costs”, “Accretion expense”, “Loss on debt extinguishment”, and “Other, net” from the consolidated statements of operations.

(2) Capital expenditures include capitalized general and administrative costs and capitalized interest expense.