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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (in thousands, except per share data) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating revenues and other income:    
Oil, gas, and NGL production revenue $ 559,596 $ 570,778
Other operating income 274 2,727
Total operating revenues and other income 559,870 573,505
Operating expenses:    
Oil, gas, and NGL production expense 137,375 142,348
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 166,188 154,189
Exploration 18,581 18,428
General and administrative 30,178 27,669
Net derivative (gain) loss 28,145 (51,329)
Other operating expense, net 1,008 10,153
Total operating expenses 381,475 301,458
Income from operations 178,395 272,047
Interest expense (21,873) (22,459)
Interest income 6,770 4,702
Other non-operating expense (24) (232)
Income before income taxes 163,268 254,058
Income tax expense (32,069) (55,506)
Net income $ 131,199 $ 198,552
Basic weighted-average common shares outstanding 115,642 121,671
Diluted weighted-average common shares outstanding 116,456 122,294
Basic net income per common share $ 1.13 $ 1.63
Diluted net income per common share 1.13 1.62
Net dividends declared per common share $ 0.18 $ 0.15

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