7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 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 
      
    		                           
      cash flows from operating activities
    		                           
      net income
    		78,232,000 81,028,000 106,648,000 88,708,000 105,912,000 105,113,000 97,597,000 113,855,000 117,477,000 104,595,000 106,677,000 254,761,000 286,963,000 299,905,000 208,620,000 192,145,000 159,907,000 116,172,000 91,492,000 42,012,000 13,695,000 -29,391,000 -1,895,299,000 13,632,000 17,358,000 31,302,000 22,713,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                           
      depreciation, depletion and amortization
    		110,617,000 107,082,000 105,853,000 105,332,000 107,336,000 104,743,000 97,076,000 95,922,000 81,158,000 77,009,000 70,701,000 63,821,000 68,971,000 57,254,000 53,106,000 53,420,000 47,993,000 43,331,000 42,944,000 45,080,000 44,731,000 50,871,000 142,671,000 137,630,000 143,894,000 126,102,000 115,946,000 
      exploration expenses, non-cash
    		0 2,000 123,000  0 0 1,000 265,000 0 4,000 5,000                 
      asset retirement obligations accretion
    		1,838,000 1,563,000 1,556,000 1,617,000 1,749,000 1,745,000 1,618,000 1,500,000 875,000 823,000 841,000 841,000 814,000 801,000 789,000 864,000 1,329,000 1,405,000 1,331,000         
      amortization of deferred financing costs
    		547,000 540,000 532,000 1,154,000 1,116,000 1,100,000 1,089,000 1,083,000 1,073,000 1,058,000 1,042,000 1,042,000 1,033,000 967,000 2,812,000 1,141,000 1,131,000 1,108,000 910,000 918,000 913,000 901,000 896,000 897,000 892,000 881,000 871,000 
      deferred income tax expense
    		49,497,000 16,811,000 12,342,000 18,314,000 27,010,000 16,240,000 8,708,000 27,143,000 11,949,000 20,861,000 15,403,000                 
      gain on revaluation of contingent consideration
    		   -504,000                        
      stock based compensation
    		7,315,000 7,302,000 6,550,000 4,502,000 4,707,000 4,796,000 4,658,000 4,106,000 4,197,000 4,091,000 3,772,000 3,450,000 3,462,000 3,517,000 2,885,000 2,593,000 2,910,000 3,528,000 2,705,000 1,158,000 2,927,000 3,065,000 2,879,000 2,713,000 2,829,000 3,115,000 2,432,000 
      other
    		-228,000 2,520,000 230,000 1,000 0 0 2,921,000         1,000 0 -1,000 -84,000 1,331,000 -1,007,000 -605,000 -447,000 -151,000 -98,000 -35,000 -393,000 
      changes in operating assets and liabilities:
    		                           
      accounts receivable
    		-27,148,000 -2,460,000 -9,968,000 -13,867,000 39,219,000 20,701,000 -9,341,000 -2,942,000 -49,384,000 13,723,000 19,199,000 36,948,000 39,684,000 -67,750,000 -29,883,000 -19,669,000 -10,859,000 -12,012,000 -25,670,000 -20,316,000 -717,000 17,218,000 28,031,000 14,889,000 7,604,000 -19,553,000 5,012,000 
      accounts payable
    		15,656,000 -6,847,000 -8,678,000 17,526,000 -62,642,000 7,303,000 19,424,000 9,871,000 17,107,000 -24,151,000 -12,038,000 -11,763,000 27,765,000 52,192,000 6,743,000 20,449,000 15,325,000 18,010,000 11,499,000 -1,008,000 -1,059,000 -21,620,000 6,726,000     
      accrued liabilities
    		5,739,000 1,373,000 11,875,000 -9,139,000 5,626,000 11,135,000 -17,246,000 5,126,000 3,101,000 4,625,000 -9,461,000 -10,850,000 -8,232,000 30,126,000 -2,451,000 9,266,000 4,821,000 6,675,000 -12,997,000 13,011,000 -1,510,000 2,589,000 -16,547,000     
      drilling advances
    		1,893,000 -1,252,000 1,620,000 -978,000 -231,000 197,000 -1,251,000 0 0 145,000 3,327,000 -2,392,000 -1,055,000 2,479,000 -1,901,000 -553,000 1,182,000 -262,000 2,823,000 -3,332,000 169,000 220,000 -563,000 1,755,000 -868,000 11,672,000 -599,000 
      other assets and liabilities
    		3,604,000 -6,312,000 -2,841,000 1,166,000 -4,900,000 -2,671,000 1,473,000 -1,404,000 -242,000 2,936,000 4,620,000 -2,690,000 -8,724,000 -356,000 -1,851,000 -3,000 208,000 853,000 605,000 513,000 -320,000 -635,000 -326,000 -19,386,000 -3,143,000 -638,000 -611,000 
      net cash from operating activities
    		247,055,000 198,698,000 224,490,000 222,627,000 217,894,000 269,397,000 210,932,000 246,882,000 187,311,000 201,773,000 219,823,000 268,002,000 410,681,000 379,135,000 238,869,000 260,542,000 221,904,000 187,878,000 118,153,000 79,122,000 65,157,000 30,964,000 134,878,000 159,008,000 179,220,000 192,829,000 116,562,000 
      cash flows from investing activities
    		                           
      acquisitions
    		-24,706,000 -15,509,000 -24,144,000 -429,000 -14,823,000 -136,813,000 -13,359,000 -301,687,000 -50,455,000 -7,048,000 3,691,000 -78,377,000 -7,402,000 -3,292,000 -1,055,000  -1,408,000           
      additions to oil and natural gas properties
    		-119,048,000 -100,287,000 -131,168,000 -134,794,000 -104,872,000 -126,077,000 -120,986,000 -92,835,000 -106,667,000 -86,743,000 -138,645,000 -141,629,000 -116,049,000 -123,231,000 -84,230,000 -73,682,000 -68,388,000 -54,190,000 -40,166,000 -40,533,000 -27,674,000 -35,441,000 -94,210,000 -70,176,000 -97,550,000 -132,874,000 -134,435,000 
      changes in working capital associated with additions to oil and natural gas properties
    		5,667,000 -6,440,000 9,210,000 -2,840,000 -9,832,000 -9,957,000 20,244,000 -12,105,000 17,736,000 -24,447,000 -14,977,000 23,835,000 -11,342,000 11,548,000 13,946,000 1,133,000 621,000 13,558,000 -1,744,000 -5,382,000 5,409,000       
      other investing
    		11,000 5,741,000 30,000 -45,000 -41,000 -441,000 -57,000 -128,000 -502,000 196,000 -284,000 -422,000 -169,000 -1,149,000 131,000 77,000 -1,661,000 -239,000 -416,000 -306,000 -497,000 -145,000 -200,000 5,000 1,000 -445,000 197,000 
      net cash from investing activities
    		-138,076,000 -116,495,000 -146,072,000 -138,108,000 -129,568,000 -260,138,000 -127,308,000 -384,252,000 -162,391,000 -118,042,000 -150,215,000 -196,593,000 -134,962,000 -116,124,000 -71,208,000 -80,000,000 -70,836,000 -49,722,000 -42,884,000 -19,147,000 -26,682,000 -60,359,000 -163,800,000 -70,171,000 -98,867,000 -171,896,000 -183,314,000 
      cash flow from financing activities
    		                           
      class a common stock repurchases
    		-51,249,000 -48,539,000 -52,393,000 -55,242,000 -48,115,000 -28,817,000 -51,201,000 -53,624,000 -56,754,000 -49,098,000 -45,844,000 -11,775,000 -60,983,000 -48,669,000 -43,486,000 -55,325,000 -25,988,000 -24,047,000 -20,281,000         
      class b common stock purchases and cancellations
    		   0 -12,930,000       -48,520,000 0 -54,020,000 -84,733,000 0            
      dividends paid
    		-28,080,000 -28,350,000 -28,911,000 -25,096,000 -24,694,000 -23,820,000 -24,010,000 -21,597,000 -21,796,000 -22,106,000 -22,578,000 -18,978,000 -19,044,000 -2,000 -37,174,000 -28,000            
      distributions to noncontrolling interest owners
    		-829,000 -1,013,000 -829,000 -943,000 -1,984,000 -3,369,000 -2,837,000 -4,119,000 -4,347,000 -3,089,000 -2,510,000 -5,510,000 -7,609,000 -4,606,000 -11,637,000 -1,501,000 -5,275,000 -276,000 -155,000 -86,000 -104,000 -206,000 -284,000 -708,000    
      other financing activities
    		-97,000 -98,000 -8,776,000 -2,615,000 -147,000 -147,000 -7,380,000 -635,000 -125,000 -154,000 -6,833,000 -724,000 -213,000 -219,000 -5,945,000 -1,730,000 -1,821,000 -97,000 -1,267,000 -142,000 -209,000 -41,000 -452,000 -337,000 -2,361,000   
      net cash from financing activities
    		-80,255,000 -78,000,000 -90,909,000 -100,609,000 -87,870,000 -132,893,000 -85,428,000 -79,975,000 -83,022,000 -74,447,000 -77,765,000 -85,507,000 -88,071,000 -107,516,000 -188,247,000 -58,583,000 -96,327,000 -126,068,000 -89,636,000 -15,947,000 -6,792,000 -247,000 -7,219,000 -70,693,000 -12,573,000 -531,000 7,301,000 
      net change in cash and cash equivalents
    		28,724,000 4,203,000 -12,491,000 -16,090,000 456,000 -123,634,000 -1,804,000 -217,345,000 -58,102,000 9,284,000 -8,157,000 -14,098,000 187,648,000 155,495,000 -20,586,000 121,959,000 54,741,000 12,088,000 -14,367,000 44,028,000 31,683,000 -29,642,000 -36,141,000 18,144,000   -59,451,000 
      cash and cash equivalents – beginning of period
    		0 0 260,049,000 0 0 0 401,121,000 0 0 0 675,441,000 0 0 0 366,982,000 0 0 0 192,561,000 0 0 0 182,633,000 0   135,758,000 
      cash and cash equivalents – end of period
    		28,724,000 4,203,000 247,558,000 -16,090,000 456,000 -123,634,000 399,317,000 -217,345,000 -58,102,000 9,284,000 667,284,000 -14,098,000 187,648,000 155,495,000 346,396,000 121,959,000 54,741,000 12,088,000 178,194,000 44,028,000 31,683,000 -29,642,000 146,492,000 18,144,000   76,307,000 
      (gain) loss on revaluation of contingent consideration
    		 -2,652,000 -1,352,000                         
      deposits for acquisitions of oil and natural gas properties
    		      -13,150,000                     
      impairment of oil and natural gas properties
    		       0 0 0 15,735,000         0 0 0 1,381,258,000     
      gain on sale of assets
    		                           
      loss on extinguishment of debt
    		                           
      proceeds from issuance of long-term debt
    		                           
      redemption of long-term debt
    		                           
      cash paid for debt issuance costs
    		                           
      (gain) on sale of assets
    		       0 0                   
      loss on revaluation of contingent consideration
    		     -1,005,000 4,205,000                     
      amortization of intangible assets
    		               0 0 7,233,000 2,113,000 3,626,000 3,626,000 3,627,000 3,626,000 3,626,000 3,626,000 3,627,000 3,626,000 
      unrealized loss on derivatives
    		                -2,043,000           
      (gain) on revaluation of contingent consideration
    		                           
      non-compete settlement
    		               1,000 0 -24,922,000 -17,152,000         
      cash paid for debt modification
    		           0 -222,000 0 -5,272,000 0 0           
      supplemental cash flow information:
    		                           
      supplemental cash items:
    		                           
      cash paid for income taxes
    		        18,800,000    23,768,000 24,138,000 13,000,000             
      cash paid for interest
    		        12,588,000 1,156,000 12,019,000  13,327,000 508,000 12,225,000  12,450,000 1,592,000 12,441,000  12,905,000 0 12,540,000     
      supplemental non-cash investing and financing activity:
    		                           
      accrued capital expenditures
    		                           
      supplemental non-cash lease operating activity:
    		                           
      right-of-use assets obtained in exchange for operating lease obligations
    		        4,336,000 1,261,000 6,412,000  1,311,000 2,058,000 404,000  742,000 3,634,000 53,000  3,992,000     3,866,000 2,516,000 
      accruals or liabilities for capital expenditures
    		         -24,446,000 52,946,000  -11,342,000 11,548,000 43,882,000  620,000 13,558,000 14,624,000  5,409,000 -31,562,000 47,903,000   35,380,000 11,144,000 
      unrealized (gain) loss on derivatives
    		                           
      (gain) on sale of equity method investment
    		                           
      deferred income tax benefit
    		                           
      proceeds from sale of equity method investment
    		                           
      deferred taxes
    		                       2,496,000 3,414,000 4,936,000 3,415,000 
      acquisition of enervest properties
    		                       0    
      acquisitions, other
    		                  -558,000 0 -3,920,000 -392,000 -69,390,000 0 -1,318,000 -38,577,000 -53,326,000 
      contributions from noncontrolling interest owners
    		                       0    
      exploration expense, non-cash
    		                   2,370,000 0 6,440,000 555,189,000 618,000 53,000 0 483,000 
      cash paid (received) for income taxes
    		                           
      class b common stock purchase and cancellation
    		                 -71,750,000 -50,781,000         
      supplemental non-cash operating activity:
    		                           
      loss on derivatives
    		                  482,000         
      asset retirement obligation accretion
    		                   1,315,000        
      unrealized (gain) on derivatives
    		                           
      contingent consideration change in fair value
    		                           
      proceeds withdrawn from trust account
    		                           
      payment of contingent consideration
    		                           
      parents’ contribution
    		                           
      issuance of common stock
    		                           
      proceeds from issuance of long term debt
    		                           
      repayments of deferred underwriting compensation
    		                           
      class a common stock repurchase
    		                     0 -6,483,000     
      class b common stock repurchase
    		                           
      deferred tax expense
    		                    0 -3,180,000 -74,654,000     
      equity issuances in connection with acquisitions
    		                           
      non-cash deemed dividend related to warrant exchange
    		                           
      asset retirement obligations accretion expense
    		                     1,464,000 1,438,000 1,417,000 1,394,000 1,373,000 1,328,000 
      cash settlements of matured derivative contracts
    		                           
      prepaid expenses and other assets
    		                       -639,000 -269,000 1,883,000 -618,000 
      purchase of and contributions to equity method investment
    		                           
      accounts payable and accrued liabilities
    		                        12,593,000 22,116,000 -41,054,000 
      common stock repurchased
    		                           
      non-cash interest expense
    		                         6,048,000 4,011,000 
      changes in operating assets and liabilities
    		                           
      acquisition of enervest properties, final settlement
    		                         0 4,250,000 
      noncontrolling interest contributions and distributions
    		                           
      net change in cash
    		                           
      cash – beginning of period
    		                           
      cash – end of period
    		                           
      supplemental cash flow information
    		                           
      supplemental non-cash investing and financing activity
    		                           
      equity issuances in connection with acquisition
    		                           
      supplemental non-cash lease operating activities
    		                           
      •
    		                           
      cash flows from operating activities:
    		                           
      changes in assets and liabilities, net of amounts acquired:
    		                           
      cash flows from investing activities:
    		                           
      cash flow from financing activities:
    		                           
      partner contribution
    		                          7,301,000 
      (gain) loss on derivatives
    		                           
      account receivable
    		                           
      contingent consideration issued in business combination
    		                           
      non-compete agreement
    		                           
      equity issuances in connection with business combinations
    		                           
      net income attributable to common stock
    		                           
      prepaid expenses
    		                           
      deferred tax asset
    		                           
      accrued professional fees and other incomes
    		                           
      federal income taxes payable
    		                           
      interest on investments held in trust account
    		                           
      withdrawal of interest from trust account to pay operating expenses and federal income taxes
    		                           
      proceeds deposited into trust account
    		                           
      cash flows from financing activities:
    		                           
      proceeds from sale of shares of class f common stock to sponsor
    		                           
      proceeds from sale of units in initial public offering
    		                           
      proceeds from sale of private placement warrants to sponsor
    		                           
      proceeds of notes payable from sponsor
    		                           
      payment of underwriters discounts
    		                           
      payment of accrued offering costs
    		                           
      repayment of notes payable from sponsor
    		                           
      deferred financing costs
    		                           
      cash at beginning of period
    		                           
      cash at end of period
    		                           
      supplemental disclosure of cash flow information:
    		                           
      cash paid for federal income taxes
    		                           
      supplemental disclosures of non-cash financing activities:
    		                           
      deferred underwriting compensation
    		                           
      accrued offering costs
    		                           
      withdrawal of interest from trust account to pay federal income taxes
    		                           
      supplemental disclosure of non-cash financing activities:
    		                           
    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.