Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||
current assets | ||||||||||||||||||||||||||||||||||
cash and cash equivalents | 280,485,000 | 251,761,000 | 247,558,000 | 260,049,000 | 276,139,000 | 275,683,000 | 399,317,000 | 401,121,000 | 618,466,000 | 676,568,000 | 667,284,000 | 675,441,000 | 689,539,000 | 501,891,000 | 346,396,000 | 366,982,000 | 245,023,000 | 190,282,000 | 178,194,000 | 192,561,000 | 148,533,000 | 116,850,000 | 146,492,000 | 182,633,000 | 164,489,000 | 36,715,000 | ||||||||
accounts receivable | 187,472,000 | 160,330,000 | 157,870,000 | 147,901,000 | 136,207,000 | 175,426,000 | 196,004,000 | 189,705,000 | 186,763,000 | 137,379,000 | 151,571,000 | 170,770,000 | 207,718,000 | 247,402,000 | 179,652,000 | 149,769,000 | 130,100,000 | 119,241,000 | 107,229,000 | 81,559,000 | 61,243,000 | 60,525,000 | 77,744,000 | 105,775,000 | 120,664,000 | 126,940,000 | 107,388,000 | 140,284,000 | 167,174,000 | |||||
drilling advances | 14,000 | 1,908,000 | 656,000 | 2,275,000 | 1,297,000 | 1,066,000 | 1,263,000 | 12,000 | 12,000 | 12,000 | 157,000 | 3,484,000 | 1,092,000 | 37,000 | 2,516,000 | 615,000 | 63,000 | 1,244,000 | 983,000 | 3,805,000 | 473,000 | 642,000 | 863,000 | 299,000 | 2,055,000 | 1,186,000 | 12,858,000 | 12,259,000 | 5,791,000 | |||||
other current assets | 1,518,000 | 2,738,000 | 891,000 | 599,000 | 1,555,000 | 1,691,000 | 951,000 | 435,000 | 507,000 | 881,000 | 1,334,000 | 1,052,000 | 611,000 | 1,150,000 | 1,688,000 | 1,427,000 | 1,567,000 | 2,094,000 | 2,812,000 | 3,601,000 | 4,613,000 | 4,487,000 | 4,146,000 | 4,511,000 | 5,047,000 | 5,662,000 | 6,692,000 | 4,058,000 | 2,033,000 | |||||
total current assets | 469,489,000 | 416,737,000 | 406,975,000 | 410,824,000 | 415,198,000 | 453,866,000 | 597,535,000 | 591,273,000 | 805,748,000 | 814,840,000 | 820,346,000 | 850,747,000 | 898,960,000 | 750,480,000 | 530,252,000 | 518,793,000 | 376,753,000 | 312,861,000 | 289,218,000 | 281,526,000 | 214,862,000 | 182,504,000 | 229,245,000 | 293,218,000 | 292,255,000 | 230,497,000 | 203,245,000 | 292,359,000 | 211,713,000 | 355,398 | 725,655 | 993,742 | 1,138,019 | 1,996,189 |
property, plant and equipment | ||||||||||||||||||||||||||||||||||
oil and natural gas properties | 4,833,995,000 | 4,663,958,000 | 4,549,181,000 | 4,403,210,000 | 4,265,564,000 | 4,145,348,000 | 3,882,038,000 | 3,743,580,000 | 3,278,221,000 | 3,114,361,000 | 3,059,651,000 | 2,940,011,000 | 2,718,433,000 | 2,594,358,000 | 2,467,167,000 | 2,381,812,000 | 2,308,425,000 | 2,237,851,000 | 2,170,928,000 | 2,130,125,000 | 2,105,774,000 | 2,073,009,000 | 2,050,470,000 | 3,815,221,000 | 3,741,357,000 | 3,653,368,000 | 3,462,223,000 | 3,250,742,000 | 3,081,740,000 | |||||
other | 20,488,000 | 20,483,000 | 28,702,000 | 18,716,000 | 18,647,000 | 18,598,000 | 10,323,000 | 9,774,000 | 9,615,000 | 9,350,000 | 9,305,000 | 8,991,000 | 8,554,000 | 8,337,000 | 7,173,000 | 7,036,000 | 6,799,000 | 5,120,000 | 4,853,000 | 4,412,000 | 4,063,000 | 3,547,000 | 3,391,000 | 3,087,000 | 2,710,000 | 1,871,000 | 179,000 | 360,000 | ||||||
accumulated depreciation, depletion and amortization | -2,439,519,000 | -2,328,886,000 | -2,221,761,000 | -2,115,892,000 | -2,010,535,000 | -1,903,191,000 | -1,798,419,000 | -1,701,333,000 | -1,605,380,000 | -1,524,207,000 | -1,486,704,000 | -1,415,973,000 | -1,352,138,000 | -1,283,118,000 | -1,225,849,000 | -1,172,761,000 | -1,119,349,000 | -1,071,338,000 | -1,027,979,000 | -985,010,000 | -939,888,000 | -895,136,000 | -844,255,000 | -701,551,000 | -563,901,000 | -419,973,000 | -293,858,000 | -177,898,000 | -65,069,000 | |||||
total property, plant and equipment | 2,414,964,000 | 2,355,555,000 | 2,356,122,000 | 2,306,034,000 | 2,273,676,000 | 2,260,755,000 | 2,093,942,000 | 2,052,021,000 | 1,682,456,000 | 1,599,504,000 | 1,582,252,000 | 1,533,029,000 | 1,374,849,000 | 1,319,577,000 | 1,248,491,000 | 1,216,087,000 | 1,195,875,000 | 1,171,633,000 | 1,147,802,000 | 1,149,527,000 | 1,169,949,000 | 1,181,420,000 | 1,209,606,000 | 3,116,757,000 | 3,180,166,000 | 3,235,266,000 | 3,168,544,000 | 3,073,204,000 | 3,016,671,000 | |||||
other assets | ||||||||||||||||||||||||||||||||||
deferred financing costs | 5,939,000 | 6,302,000 | 6,661,000 | 7,022,000 | 2,485,000 | 2,939,000 | 3,388,000 | 3,836,000 | 4,290,000 | 4,744,000 | 5,193,000 | 5,636,000 | 6,090,000 | 6,544,000 | 7,017,000 | 3,701,000 | 4,291,000 | 4,881,000 | 5,465,000 | 6,042,000 | 6,632,000 | 7,222,000 | 7,806,000 | 8,390,000 | 8,980,000 | 9,570,000 | 10,154,000 | 10,731,000 | 11,321,000 | 826,400 | ||||
deferred tax assets | 3,170,000 | 49,285,000 | 65,758,000 | 77,637,000 | 99,449,000 | 106,287,000 | 81,605,000 | 90,358,000 | 118,628,000 | 131,404,000 | 147,670,000 | 162,792,000 | ||||||||||||||||||||||
other long-term assets | 30,022,000 | 32,769,000 | 33,098,000 | 19,318,000 | 20,149,000 | 19,017,000 | 31,472,000 | 18,728,000 | 41,371,000 | 16,229,000 | 20,593,000 | 20,381,000 | 20,737,000 | 10,189,000 | 8,854,000 | 8,161,000 | 8,860,000 | 8,970,000 | 6,130,000 | 6,979,000 | 8,074,000 | 4,552,000 | 3,776,000 | 4,460,000 | 4,773,000 | 5,305,000 | 2,039,000 | |||||||
total other assets | 39,131,000 | 88,356,000 | 105,517,000 | 103,977,000 | 122,083,000 | 128,243,000 | 116,465,000 | 112,922,000 | 164,289,000 | 152,377,000 | 173,456,000 | 188,809,000 | 26,827,000 | 16,733,000 | 15,871,000 | 11,862,000 | 13,151,000 | 13,851,000 | 18,828,000 | 22,367,000 | ||||||||||||||
total assets | 2,923,584,000 | 2,860,648,000 | 2,868,614,000 | 2,820,835,000 | 2,810,957,000 | 2,842,864,000 | 2,807,942,000 | 2,756,216,000 | 2,652,493,000 | 2,566,721,000 | 2,576,054,000 | 2,572,585,000 | 2,300,636,000 | 2,086,790,000 | 1,794,614,000 | 1,746,742,000 | 1,585,779,000 | 1,498,345,000 | 1,455,848,000 | 1,453,420,000 | 1,434,279,000 | 1,413,079,000 | 1,490,829,000 | 3,466,406,000 | 3,533,133,000 | 3,531,132,000 | 3,437,973,000 | 3,433,523,000 | 3,300,097,000 | 658,810,997 | 656,553,066 | 653,937,462 | 652,747,926 | 652,648,888 |
liabilities and equity | ||||||||||||||||||||||||||||||||||
current liabilities | ||||||||||||||||||||||||||||||||||
accounts payable | 181,200,000 | 165,548,000 | 172,396,000 | 181,073,000 | 164,295,000 | 226,930,000 | 219,604,000 | 193,212,000 | 183,341,000 | 166,234,000 | 190,808,000 | 202,846,000 | 214,609,000 | 186,844,000 | 134,652,000 | 127,909,000 | 107,460,000 | 92,134,000 | 74,125,000 | 62,626,000 | 63,475,000 | 64,534,000 | 86,154,000 | 79,428,000 | ||||||||||
other current liabilities | 137,729,000 | 123,072,000 | 132,721,000 | 109,188,000 | 117,228,000 | 128,029,000 | 130,407,000 | 121,675,000 | 120,364,000 | 96,766,000 | 120,436,000 | 137,427,000 | 127,363,000 | 146,183,000 | 104,082,000 | 90,636,000 | 83,225,000 | 75,815,000 | 51,810,000 | 66,323,000 | 60,987,000 | 55,779,000 | 84,546,000 | 95,780,000 | 3,684,000 | 4,131,000 | 2,468,000 | |||||||
total current liabilities | 318,929,000 | 288,620,000 | 305,117,000 | 290,261,000 | 281,523,000 | 354,959,000 | 350,011,000 | 314,887,000 | 303,705,000 | 263,000,000 | 311,244,000 | 340,273,000 | 341,972,000 | 333,027,000 | 238,734,000 | 218,545,000 | 190,685,000 | 167,949,000 | 125,935,000 | 128,949,000 | 124,462,000 | 120,313,000 | 170,700,000 | 175,208,000 | 190,311,000 | 201,131,000 | 184,460,000 | 197,361,000 | 178,072,000 | 11,582,073 | 5,962,718 | 1,804,828 | 1,229,470 | 1,799,645 |
long-term liabilities | ||||||||||||||||||||||||||||||||||
long-term debt | 393,064,000 | 392,880,000 | 392,700,000 | 392,513,000 | 394,793,000 | 394,131,000 | 393,480,000 | 392,839,000 | 392,209,000 | 391,590,000 | 390,982,000 | 390,383,000 | 389,794,000 | 389,216,000 | 388,647,000 | 388,087,000 | 387,537,000 | 386,996,000 | 391,448,000 | 391,115,000 | 390,787,000 | 390,464,000 | 390,147,000 | 389,835,000 | 389,528,000 | 389,225,000 | 388,928,000 | 388,635,000 | 388,343,000 | |||||
asset retirement obligations, net of current | 184,349,000 | 164,153,000 | 163,126,000 | 161,295,000 | 159,340,000 | 157,710,000 | 148,689,000 | 148,467,000 | 99,248,000 | 92,820,000 | 96,686,000 | 95,129,000 | 92,652,000 | 91,420,000 | 90,523,000 | 89,715,000 | 96,062,000 | 94,154,000 | 89,209,000 | 88,232,000 | 100,800,000 | 98,491,000 | 97,008,000 | 93,524,000 | 93,102,000 | 91,917,000 | 89,218,000 | 84,979,000 | 43,437,000 | |||||
other long-term liabilities | 20,827,000 | 16,649,000 | 18,347,000 | 9,440,000 | 14,729,000 | 17,708,000 | 17,978,000 | 17,355,000 | 10,174,000 | 9,453,000 | 10,065,000 | 6,609,000 | 6,512,000 | 4,570,000 | 4,342,000 | 5,146,000 | 5,978,000 | 6,590,000 | 5,244,000 | 5,702,000 | 6,049,000 | 1,487,000 | 903,000 | 1,476,000 | 2,039,000 | 2,423,000 | 694,000 | |||||||
total long-term liabilities | 598,240,000 | 573,682,000 | 574,173,000 | 563,248,000 | 568,862,000 | 569,549,000 | 560,147,000 | 558,661,000 | 501,631,000 | 493,863,000 | 497,733,000 | 492,121,000 | 488,958,000 | 485,206,000 | 483,512,000 | 482,948,000 | 489,577,000 | 487,740,000 | 485,901,000 | 485,049,000 | 497,636,000 | 490,442,000 | 491,239,000 | 562,669,000 | 558,869,000 | 545,853,000 | 536,936,000 | 528,207,000 | 479,016,000 | |||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||
equity | ||||||||||||||||||||||||||||||||||
class a common stock | 23,000 | 23,000 | 23,000 | 23,000 | 23,000 | 23,000 | 22,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 21,000 | 20,000 | 19,000 | 19,000 | 18,000 | 18,000 | 17,000 | 17,000 | 17,000 | 17,000 | 17,000 | 17,000 | 16,000 | 16,000 | 16,000 | 16,000 | 619,478,920 | 622,840,340 | 624,382,630 | 623,768,450 | 623,099,240 |
class b common stock | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 3,000 | 3,000 | 4,000 | 5,000 | 5,000 | 6,000 | 7,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | |||||
additional paid-in capital | 1,897,184,000 | 1,885,948,000 | 1,878,837,000 | 1,880,243,000 | 1,879,447,000 | 1,815,798,000 | 1,745,157,000 | 1,743,930,000 | 1,738,668,000 | 1,731,059,000 | 1,720,487,000 | 1,719,875,000 | 1,637,279,000 | 1,647,637,000 | 1,649,111,000 | 1,689,500,000 | 1,665,805,000 | 1,684,579,000 | 1,731,234,000 | 1,712,544,000 | 1,709,043,000 | 1,706,121,000 | 1,703,996,000 | 1,703,362,000 | 1,704,652,000 | 1,672,516,000 | 1,636,655,000 | 1,641,237,000 | 8,369,589 | 5,008,203 | 3,465,928 | 4,080,102 | 4,749,305 | |
treasury stock | -874,713,000 | -822,833,000 | -773,673,000 | -721,279,000 | -665,472,000 | -616,747,000 | -591,175,000 | -538,445,000 | -483,745,000 | -425,604,000 | -380,783,000 | -329,512,000 | -320,204,000 | -257,837,000 | -209,418,000 | -164,599,000 | -112,796,000 | -83,286,000 | -59,239,000 | -38,958,000 | -23,240,000 | -16,760,000 | -16,760,000 | -10,277,000 | -9,722,000 | |||||||||
retained earnings | 925,749,000 | 878,374,000 | 828,607,000 | 754,591,000 | 694,090,000 | 619,000,000 | 547,261,000 | 486,162,000 | 409,230,000 | 329,011,000 | 259,636,000 | 185,669,000 | -1,125,450,000 | -1,153,195,000 | -1,162,342,000 | -1,144,070,000 | 82,940,000 | 74,823,000 | 67,039,000 | 48,533,000 | 35,507,000 | 3,120,000 | -3,371,515 | -10,091 | 1,532,195 | 918,017 | 248,804 | |||||||
noncontrolling interest | 58,171,000 | 56,833,000 | 55,529,000 | 53,747,000 | 52,483,000 | 100,281,000 | 196,517,000 | 190,998,000 | 182,981,000 | 175,369,000 | 167,714,000 | 164,136,000 | 198,676,000 | 170,279,000 | 174,780,000 | 228,492,000 | 210,881,000 | 219,100,000 | 234,198,000 | 291,260,000 | 279,547,000 | 275,279,000 | 285,698,000 | 952,478,000 | 1,014,174,000 | 1,044,568,000 | 1,031,364,000 | 1,031,186,000 | 991,959,000 | |||||
total equity | 2,006,415,000 | 1,998,346,000 | 1,989,324,000 | 1,967,326,000 | 1,960,572,000 | 1,918,356,000 | 1,897,784,000 | 1,882,668,000 | 1,847,157,000 | 1,809,858,000 | 1,767,077,000 | 1,740,191,000 | 1,469,706,000 | 1,268,557,000 | 1,072,368,000 | 1,045,249,000 | 905,517,000 | 842,656,000 | 844,012,000 | 839,422,000 | ||||||||||||||
total liabilities and equity | 2,923,584,000 | 2,860,648,000 | 2,868,614,000 | 2,810,957,000 | 2,842,864,000 | 2,807,942,000 | 1,746,742,000 | 1,453,420,000 | ||||||||||||||||||||||||||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 2,820,835,000 | 2,756,216,000 | 2,652,493,000 | 2,566,721,000 | 2,576,054,000 | 2,572,585,000 | 2,300,636,000 | 2,086,790,000 | 1,794,614,000 | 1,585,779,000 | 1,498,345,000 | 1,455,848,000 | 1,434,279,000 | 1,413,079,000 | 1,490,829,000 | 3,466,406,000 | 3,533,133,000 | 3,531,132,000 | 3,437,973,000 | 3,433,523,000 | ||||||||||||||
accumulated deficit | -46,069,000 | -291,546,000 | -542,129,000 | -708,168,000 | -858,397,000 | -977,761,000 | -1,062,206,000 | |||||||||||||||||||||||||||
intangible assets | 7,233,000 | 9,346,000 | 12,973,000 | 16,599,000 | 20,225,000 | 23,851,000 | 27,477,000 | 31,104,000 | 34,730,000 | 38,356,000 | ||||||||||||||||||||||||
equity method investment | 21,789,000 | 20,782,000 | 20,171,000 | 19,730,000 | 19,482,000 | 19,390,000 | 19,261,000 | 18,873,000 | 18,409,000 | |||||||||||||||||||||||||
deferred taxes | 3,181,000 | 77,834,000 | 74,200,000 | 62,288,000 | 58,096,000 | 54,593,000 | 47,236,000 | |||||||||||||||||||||||||||
accounts payable and accrued liabilities | 186,627,000 | 197,000,000 | 181,992,000 | 196,357,000 | 178,072,000 | |||||||||||||||||||||||||||||
cash | 96,709,000 | 76,307,000 | 135,758,000 | 242,065 | 571,738 | 851,466 | 955,993 | 1,776,071 | ||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||
long-term liabilities: | ||||||||||||||||||||||||||||||||||
accounts receivable - related party | ||||||||||||||||||||||||||||||||||
asset retirement obligations | 1,004,000 | |||||||||||||||||||||||||||||||||
derivative liability | ||||||||||||||||||||||||||||||||||
long-term derivative liability | ||||||||||||||||||||||||||||||||||
other long term liabilities | ||||||||||||||||||||||||||||||||||
parents’ net investment | ||||||||||||||||||||||||||||||||||
intangibles | 41,983,000 | |||||||||||||||||||||||||||||||||
additional paid in capital | 1,647,905,000 | |||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 3,300,097,000 | 658,810,997 | 656,553,066 | 653,937,462 | 652,747,926 | 652,648,888 | ||||||||||||||||||||||||||||
prepaid expenses | 113,333 | 153,917 | 142,276 | 182,026 | 220,118 | |||||||||||||||||||||||||||||
investments held in trust account | 655,322,929 | 654,912,726 | 652,839,151 | 651,609,907 | 650,652,699 | |||||||||||||||||||||||||||||
deferred tax asset | 2,306,270 | 914,685 | 104,569 | |||||||||||||||||||||||||||||||
liabilities and stockholders' equity | ||||||||||||||||||||||||||||||||||
accrued professional fees, travel and other incomes | 10,556,415 | 5,202,754 | 1,445,005 | |||||||||||||||||||||||||||||||
sponsor loan | 1,000,000 | |||||||||||||||||||||||||||||||||
federal income taxes payable | 25,658 | 759,964 | 359,823 | |||||||||||||||||||||||||||||||
deferred underwriting compensation | 22,750,000 | 22,750,000 | 22,750,000 | 22,750,000 | 22,750,000 | |||||||||||||||||||||||||||||
total liabilities | 34,332,073 | 28,712,718 | 24,554,828 | 23,979,470 | 24,549,645 | |||||||||||||||||||||||||||||
stockholders' equity: | ||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value; 1,000,000 shares authorized, none issued or outstanding | ||||||||||||||||||||||||||||||||||
class f common stock, 0.0001 par value; 20,000,000 shares authorized, 16,250,000 shares issued and outstanding | 1,625 | 1,625 | 1,625 | 1,625 | 1,625 | |||||||||||||||||||||||||||||
total stockholders' equity | 5,000,004 | 5,000,008 | 5,000,004 | 5,000,006 | 5,000,003 | |||||||||||||||||||||||||||||
accrued offering costs | 846,092 | 1,237,590 | ||||||||||||||||||||||||||||||||
accrued professional fees and other incomes | 383,378 | 562,055 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
