Accounts Receivable and Accounts Payable and Accrued Expenses

12 Months Ended

Dec. 31, 2024

Accounts Receivable and Accounts Payable and Accrued Expenses [Abstract]

Accounts Receivable and Accounts Payable and Accrued Expenses

Note 14 – Accounts Receivable and Accounts Payable and Accrued Expenses

The components of accounts receivable are as follows:

	As of December 31,
	2024		2023
	(in thousands)
Oil, gas, and NGL production revenue	$	246,437	$	175,334
Amounts due from joint interest owners	98,391		46,289
Other	16,148		9,542
Total accounts receivable	$	360,976	$	231,165

The components of accounts payable and accrued expenses are as follows:

	As of December 31,
	2024		2023
	(in thousands)
Drilling and lease operating cost accruals	$	200,351	$	146,381
Trade accounts payable	82,500		107,315
Revenue and severance tax payable	245,631		184,989
Property taxes	41,235		43,406
Compensation	46,243		54,819
Interest	79,553		35,976
Dividends payable	22,892		20,834
Other	42,068		17,878
Total accounts payable and accrued expenses	$	760,473	$	611,598

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Note: Prior periods have been adjusted to conform to the current period presentation.