v3.24.2.u1
Consolidated statements of cash flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income (loss) $ (29,429) $ 408,751
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Share-settled equity-based compensation, net 7,435 5,465
Depletion, depreciation and amortization 340,405 190,119
Mark-to-market on derivatives:    
(Gain) loss on derivatives, net 144,489 (2,446)
Settlements received (paid) for matured derivatives, net (18,262) 8,440
Loss on extinguishment of debt, net 66,115 0
Deferred income tax benefit (7,577) (222,058)
Other, net 12,429 4,756
Changes in operating assets and liabilities:    
Accounts receivable, net 13,662 17,360
Other current assets (7,607) (8,230)
Other noncurrent assets, net 1,549 1,590
Accounts payable and accrued liabilities (16,867) (17,435)
Undistributed revenue and royalties 16,268 1,847
Other current liabilities (20,383) (18,647)
Other noncurrent liabilities (5,236) (4,499)
Net cash provided by operating activities 496,991 365,013
Cash flows from investing activities:    
Acquisitions of oil and natural gas properties, net (4,679) (526,985)
Capital expenditures:    
Oil and natural gas properties (417,706) (309,223)
Midstream and other fixed assets (9,178) (6,899)
Proceeds from dispositions of capital assets, net of selling costs 180 2,252
Other, net (952) 2,035
Net cash used in investing activities (432,335) (838,820)
Cash flows from financing activities:    
Borrowings on Senior Secured Credit Facility 405,000 595,000
Payments on Senior Secured Credit Facility (450,000) (90,000)
Issuance of senior unsecured notes 1,001,500 0
Extinguishment of debt (952,214) 0
Stock exchanged for tax withholding (3,420) (2,844)
Payments for debt issuance costs (20,285) 0
Other, net (2,734) (1,088)
Net cash (used in) provided by financing activities (22,153) 501,068
Net increase in cash and cash equivalents 42,503 27,261
Cash and cash equivalents, beginning of period 14,061 44,435
Cash and cash equivalents, end of period $ 56,564 $ 71,696