7Baggers

Magnolia Oil & Gas Corporation
(NYSE:MGY) 

MGY stock logo

Magnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. The company's properties are located primarily in Karnes County and the Giddings Field in South Texas principally comprising...

Founded: 1911
Full Time Employees: 45
Sector: Energy
Industry: Oil & Gas E&P
Energy
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Quarterly
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    Unit: USD2026-03-31 2025-12-31 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 2018-07-31 2018-06-30 2018-03-31 2018-02-14 2017-12-31 2017-09-30 2017-06-30 2017-02-14 
                                           
      revenues
    		                                       
      oil revenues
    		257,329,000 215,618,000 230,530,000 226,345,000 245,534,000 246,480,000 265,682,000 275,331,000 259,182,000 252,531,000 243,588,000 223,147,000 239,122,000 245,304,000 317,243,000 332,791,000 262,667,000 218,255,000 195,132,000 188,096,000 146,413,000 106,738,000 95,677,000 60,790,000 154,686,000 187,972,000 207,840,000 204,513,000 171,654,000 101,315,000 143,202,000         
      natural gas revenues
    		51,800,000 52,866,000 43,169,000 42,850,000 51,367,000 28,406,000 22,207,000 18,569,000 21,095,000 26,367,000 27,069,000 20,847,000 27,771,000 59,445,000 100,124,000 85,345,000 56,580,000 62,461,000 42,828,000 32,595,000 34,764,000 23,010,000 14,895,000 13,168,000 16,175,000 22,537,000 21,243,000 22,590,000 27,375,000 23,543,000 14,201,000         
      natural gas liquids revenues
    		49,382,000 49,144,000 51,236,000 49,786,000 53,399,000 51,723,000 45,246,000 42,825,000 39,140,000 43,730,000 45,021,000 36,297,000 41,489,000 44,293,000 65,596,000 66,513,000 58,592,000 55,667,000 45,619,000 30,035,000 26,486,000 19,487,000 10,495,000 8,881,000 10,504,000 19,201,000 15,716,000 15,855,000 19,645,000 30,144,000 21,153,000         
      total revenues
    		358,511,000 317,628,000 324,935,000 318,981,000 350,300,000 326,609,000 333,135,000 336,725,000 319,417,000 322,628,000 315,678,000 280,291,000 308,382,000 349,042,000 482,963,000 484,649,000 377,839,000 336,383,000 283,579,000 250,726,000 207,663,000 149,235,000 121,067,000 82,839,000 181,365,000 229,710,000 244,799,000 242,958,000 218,674,000 155,002,000 178,556,000         
      yoy
    		2.34% -2.75% -2.46% -5.27% 9.67% 1.23% 5.53% 20.13% 3.58% -7.57% -34.64% -42.17% -18.38% 3.76% 70.31% 93.30% 81.95% 125.40% 134.23% 202.67% 14.50% -35.03% -50.54% -65.90% -17.06% 48.20% 37.10%             
      qoq
    		12.87% -2.25% 1.87% -8.94% 7.25% -1.96% -1.07% 5.42% -1.00% 2.20% 12.63% -9.11% -11.65% -27.73% -0.35% 28.27% 12.32% 18.62% 13.10% 20.74% 39.15% 23.27% 46.15% -54.32% -21.05% -6.16% 0.76% 11.11% 41.08% -13.19%          
      operating expenses
    		                                       
      lease operating expenses
    		47,751,000 47,341,000 48,553,000 43,590,000 47,075,000 45,936,000 44,444,000 44,350,000 46,150,000 40,431,000 35,893,000 36,796,000 42,371,000 35,456,000 34,709,000 32,604,000 28,744,000 28,064,000 23,593,000 21,971,000 19,392,000 17,917,000 18,802,000 18,310,000 24,163,000 23,033,000 24,344,000 24,895,000 21,518,000 11,822,000 11,016,000         
      gathering, transportation and processing
    		18,207,000 12,296,500 17,744,000 16,489,000 14,953,000 6,917,000 10,676,000 8,455,000 8,537,000 8,354,750 10,297,000 10,389,000 12,732,000 12,879,500 19,297,000 16,381,000 15,840,000 6,959,750 10,077,000 8,963,000 8,799,000     6,504,000 9,270,000 7,431,000 9,315,000 2,207,000 5,746,000         
      taxes other than income
    		16,387,000 17,161,000 20,383,000 18,802,000 20,105,000 15,851,000 18,269,000 19,844,000 17,898,000 16,234,000 14,823,000 15,216,000 19,292,000 19,114,000 26,623,000 27,411,000 20,882,000 17,177,000 14,082,000 13,812,000 10,762,000 8,376,000 7,331,000 5,525,000 10,018,000 12,903,000 13,333,000 13,091,000 14,401,000 5,142,000 9,351,000         
      exploration expenses
    		1,742,000 121,000 131,000 363,000 348,000 456,000 491,000 402,000 25,000 306,000 5,128,000  11,000 1,467,000 1,173,000 3,408,000 5,538,000                       
      asset retirement obligations accretion
    		1,857,000 1,843,000 1,838,000 1,563,000 1,556,000 1,617,000 1,749,000 1,745,000 1,618,000 1,500,000 875,000 823,000 841,000 841,000 814,000 802,000 789,000 864,000 1,329,000 1,405,000 1,331,000                   
      depreciation, depletion and amortization
    		113,359,000 114,205,000 110,618,000 107,082,000 105,853,000 105,332,000 107,336,000 104,743,000 97,076,000 95,922,000 81,158,000 77,008,000 70,701,000 63,821,000 68,972,000 57,254,000 53,106,000 53,420,000 47,993,000 43,332,000 42,944,000 45,080,000 44,731,000 50,870,000 142,671,000 137,630,000 143,894,000 126,102,000 115,946,000 89,046,000 67,478,000         
      general and administrative expenses
    		31,444,000 24,966,000 24,204,000 23,278,000 24,588,000 21,186,000 21,158,000 22,835,000 23,555,000 19,239,000 19,371,000 18,726,000 19,766,000 17,200,000 19,625,000 18,530,000 17,070,000 15,463,000 14,695,000 24,757,000 20,364,000 18,446,000 16,663,000 15,729,000 18,080,000 16,784,000 17,345,000 19,106,000 16,196,000           
      total operating expenses
    		230,747,000 223,547,000 223,471,000 211,167,000 214,478,000 202,542,000 204,123,000 202,374,000 194,859,000 184,540,000 167,545,000 158,958,000 181,449,000 151,135,000 171,213,000 156,390,000 141,969,000 85,347,000 112,086,000 121,535,000 107,767,000                   
      operating income
    		127,764,000 94,081,000 101,464,000 107,814,000 135,822,000 124,067,000 129,012,000 134,351,000 124,558,000 138,088,000 148,133,000 121,333,000 126,933,000 197,907,000 311,750,000 328,259,000 235,870,000 202,014,000 171,493,000 129,191,000 99,896,000 42,665,000 21,941,000 -25,935,000 -1,964,336,000 22,685,000 27,669,000 43,632,000 33,515,000 -12,435,000 40,690,000         
      yoy
    		-5.93% -24.17% -21.35% -19.75% 9.04% -10.15% -12.91% 10.73% -1.87% -30.23% -52.48% -63.04% -46.19% -2.03% 81.79% 154.09% 136.12% 373.49% 681.61% -598.13% -105.09% 88.08% -20.70% -159.44% -5961.07% -282.43% -32.00%             
      qoq
    		35.80% -7.28% -5.89% -20.62% 9.47% -3.83% -3.97% 7.86% -9.80% -6.78% 22.09% -4.41% -35.86% -36.52% -5.03% 39.17% 16.76% 17.80% 32.74% 29.33% 134.14% 94.45% -184.60% -98.68% -8759.18% -18.01% -36.59% 30.19% -369.52% -130.56%          
      operating margin %
    		35.64% 29.62% 31.23% 33.80% 38.77% 37.99% 38.73% 39.90% 39.00% 42.80% 46.93% 43.29% 41.16% 56.70% 64.55% 67.73% 62.43% 60.05% 60.47% 51.53% 48.10% 28.59% 18.12% -31.31% -1083.08% 9.88% 11.30% 17.96% 15.33% -8.02% 22.79% NaN% NaN% NaN% NaN% NaN% NaN% NaN%  
      other expense
    		        -4,313,000            -229,000                   
      interest expense
    		-6,004,000 -5,399,000 -5,362,000 -5,604,000 -5,252,000   -3,516,000    -1,149,000  -1,805,000 -5,263,000 -7,017,000 -9,357,000 -7,483,000 -7,474,000 -8,752,000 -7,294,000 -7,353,000 -7,333,000 -7,256,000 -6,757,000 -6,745,000 -6,896,000 -7,299,000 -7,416,000  -4,959,000         
      other income
    		-36,000 -462,000 -661,000 -244,000 1,215,000 304,000 7,286,000 1,047,000  7,717,000 -479,000 9,259,000 -1,138,000 -36,000 -166,000 6,538,000 207,000 37,000 142,000 135,000  3,873,000 -51,000 13,000 -472,000 -246,000 21,000 -13,000 1,000 -8,354,000 -7,019,000         
      total other expense
    		-6,040,000   -5,848,000 -4,037,000    -6,625,000    -651,000 -1,841,000 -5,429,000 -479,000 -9,150,000 -7,446,000 -7,955,000 -10,621,000 -8,005,000                   
      income before income taxes
    		121,724,000 88,220,000 95,441,000 101,966,000 131,785,000 110,887,000 132,442,000 131,882,000 117,933,000 145,400,000 148,688,000 129,443,000 126,282,000 196,066,000 306,321,000 327,780,000 226,720,000 194,568,000 163,538,000 118,570,000 91,891,000 42,012,000 13,356,000 -32,567,000 -1,971,125,000 15,943,000 20,886,000 36,448,000 26,488,000 -33,426,000 29,021,000         
      income tax expense
    		20,888,000 16,849,000 17,208,000 20,938,000 25,137,000 22,179,000 26,530,000 26,769,000 20,336,000 31,545,000 31,211,000 24,847,000 19,605,000 -58,695,000 19,358,000 27,875,000 18,100,000 2,423,000 3,631,000 2,398,000 399,000  -339,000 -3,176,000 -75,826,000 2,311,000 3,529,000 5,145,000 3,775,000 9,488,000 3,538,000      -494,317 -133,971  
      net income
    		100,836,000 71,371,000 78,233,000 81,028,000 106,648,000 88,708,000 105,912,000 105,113,000 97,597,000 113,855,000 117,477,000 104,596,000 106,677,000 254,761,000 286,963,000 299,905,000 208,620,000 192,145,000 159,907,000 116,172,000 91,492,000 42,012,000 13,695,000 -29,391,000 -1,895,299,000 13,632,000 17,357,000 31,303,000 22,713,000 -42,914,000 25,483,000         
      yoy
    		-5.45% -19.54% -26.13% -22.91% 9.27% -22.09% -9.84% 0.49% -8.51% -55.31% -59.06% -65.12% -48.87% 32.59% 79.46% 158.16% 128.02% 357.36% 1067.63% -495.26% -104.83% 208.19% -21.10% -193.89% -8444.56% -131.77% -31.89%             
      qoq
    		41.28% -8.77% -3.45% -24.02% 20.22% -16.24% 0.76% 7.70% -14.28% -3.08% 12.32% -1.95% -58.13% -11.22% -4.32% 43.76% 8.57% 20.16% 37.65% 26.98% 117.78% 206.77% -146.60% -98.45% -14003.31% -21.46% -44.55% 37.82% -152.93% -268.40%          
      net income margin %
    		28.13% 22.47% 24.08% 25.40% 30.44% 27.16% 31.79% 31.22% 30.55% 35.29% 37.21% 37.32% 34.59% 72.99% 59.42% 61.88% 55.21% 57.12% 56.39% 46.33% 44.06% 28.15% 11.31% -35.48% -1045.02% 5.93% 7.09% 12.88% 10.39% -27.69% 14.27% NaN% NaN% NaN% NaN% NaN% NaN% NaN%  
      less: net income attributable to noncontrolling interest
    		1,011,000 2,618,000 2,777,000 2,911,000 3,721,000 3,110,000 6,128,000 9,554,000 12,511,000 15,410,000 15,447,000 13,104,000 10,342,000 23,023,000 41,486,000 49,322,000 42,581,000 41,916,000 40,543,000 31,727,000 28,248,000 14,267,000 4,548,000 -11,119,000 -668,289,000 5,515,000 6,810,000 12,797,000 9,687,000  18,775,000         
      net income attributable to class a common stock
    		99,825,000 68,753,000 75,456,000 78,117,000 102,927,000 85,598,000 99,784,000 95,559,000 85,086,000 98,445,000 102,030,000 91,492,000 96,335,000 231,738,000 245,477,000 250,583,000 166,039,000 150,229,000 119,364,000 84,445,000 63,244,000 27,745,000 9,147,000 -18,272,000 -1,227,010,000 8,117,000 7,784,000 18,506,000 13,026,000 -86,267,000 6,708,000         
      net income per share
    		                                       
      basic
    		0.54 0.37 0.4 0.41 0.54 0.44 0.52 0.51 0.46 0.53 0.54 0.48 0.5 1.21 1.29 1.32 0.9 0.84 0.68 0.48 0.38 0.14 0.05 -0.11 -7.34 -249.71 50 120 80  40         
      diluted
    		0.54 0.37 0.4 0.41 0.54 0.44 0.52 0.51 0.46 0.53 0.54 0.48 0.5 1.2 1.29 1.32 0.9 0.83 0.67 0.48 0.37 0.14 0.05 -0.11 -7.34 -239.72 50 120 80  40         
      weighted-average number of common shares outstanding
    		                                       
      basic
    		183,267 185,581 184,737 186,518 188,653 186,465 187,859 184,937 182,368 188,174 187,093 189,402 191,780 187,433 188,635 188,146 182,578 174,364 174,764 175,169 166,952 166,270 166,467 166,572 167,149 161,886 166,872,000 156,844,000 156,322,000 154,527,000 151,992,000 154,527,000        
      diluted
    		183,279 185,593 184,749 186,530 188,664 186,492 187,871 184,965 182,424 188,355 187,265 189,567 192,054 187,901 189,074 188,589 183,163 175,360 175,683 176,129 169,636 166,270 170,676 166,572 167,149 167,047 167,108,000 159,057,000 158,140,000 158,232,000 157,072,000 158,232,000        
      comprehensive income:
    		                                       
      other comprehensive income, net of tax:
    		                                       
      postretirement benefits
    		23                                       
      comprehensive income attributable to class a common stock
    		99,848                                       
      total other income
    		 -5,861,000 -6,023,000   -13,180,000 3,430,000 -2,469,000  7,312,000 555,000 8,110,000          -5,501,000 -8,585,000 -6,632,000 -6,789,000 -6,742,000 -6,783,000 -7,184,000 -7,027,000 -20,991,000 -11,669,000         
      impairment of oil and natural gas properties
    		            15,735,000            1,381,258,000               
      interest income
    		     -2,420,750 -3,856,000  -2,312,000 93,000 1,034,000  487,000                    2,608,750 2,073,575 652,741  2,009,949 652,741  
      amortization of intangible assets
    		                   7,233,000 2,113,000 3,626,000 3,626,000 3,626,000 3,626,000 3,626,000 3,626,000 3,626,000 3,626,000           
      loss on derivatives
    		                 -777,500 -623,000 -2,004,000 -482,000 -552,000 -2,208,000                 
      exploration expense
    		                 610,000 317,000 62,000 2,062,000 3,744,000 701,000 6,462,000 556,427,000 2,724,000 3,924,000 3,617,000 2,476,000 11,499,000 11,221,000         
      income from equity method investee
    		                     54,000 1,007,000 611,000 440,000 249,000 92,000 128,000 388,000 858,000 309,000         
      gathering, transportation, and processing
    		                     8,066,000 5,771,000 6,788,000 8,020,000               
      asset retirement obligation accretion
    		                     1,315,000 1,501,000 1,464,000 1,438,000 1,417,000 1,394,000 1,373,000 1,328,000 1,493,000 391,000         
      transaction related costs
    		                           85,000 353,000  22,366,000         
      total operating costs and expenses
    		                     106,570,000 99,126,000 108,774,000 2,145,701,000 207,025,000 217,130,000 199,326,000 185,159,000 167,437,000 137,866,000         
      net income attributable to magnolia
    		                     27,745,000 9,147,000   8,117,000 10,547,000             
      less: non-cash deemed dividend related to warrant exchange
    		                          2,763,000             
      gain on derivatives
    		                             260,250          
      net income per common share
    		                                       
      basic
    		0.54 0.37 0.4 0.41 0.54 0.44 0.52 0.51 0.46 0.53 0.54 0.48 0.5 1.21 1.29 1.32 0.9 0.84 0.68 0.48 0.38 0.14 0.05 -0.11 -7.34 -249.71 50 120 80  40         
      diluted
    		0.54 0.37 0.4 0.41 0.54 0.44 0.52 0.51 0.46 0.53 0.54 0.48 0.5 1.2 1.29 1.32 0.9 0.83 0.67 0.48 0.37 0.14 0.05 -0.11 -7.34 -239.72 50 120 80  40         
      revenues:
    		                                       
      other income:
    		                                       
      general & administrative expenses
    		                             3,306,000 10,297,000         
      revenue
    		                                       
      professional fees and other expenses
    		                                6,584,300 4,014,379   421,627 171,341  
      travel expenses
    		                                277,692 11,457 98,625  175,988 98,625  
      income from operations
    		                                -6,861,992 -4,025,836 -269,966  -597,615 -269,966  
      income from continuing operations
    		                                -4,253,242  382,775  1,412,334 382,775  
      income tax benefit
    		                                891,818 409,975 -133,971     
      net income attributable to common stock
    		                                -3,361,424  248,804  918,017 248,804  
      net income per share
    		                                       
      basic and diluted
    		                                -0.04 -0.02 0.01  0.02 0.01  
      weighted-average shares of common stock outstanding:
    		                                       
      basic and diluted
    		                                81,250,000 81,250,000 38,302,920 62,920,561 55,556,769 38,302,920  
      loss from continuing operations
    		                                 -1,952,261      
      net loss attributable to common stock
    		                                 -1,542,286      
      professional fees and other incomes
    		                                  171,341     
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2026-03-31 2025-12-31 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
      		124,372,000 266,785,000 280,485,000 251,761,000 247,558,000 260,049,000 276,139,000 275,683,000 399,317,000 401,121,000 618,466,000 676,568,000 667,284,000 675,441,000 689,539,000 501,891,000 346,396,000 366,982,000 245,023,000 190,282,000 178,194,000 192,561,000 148,533,000 116,850,000 146,492,000 182,633,000 164,489,000    36,715,000      
        trade receivables
      		160,767,000 116,530,000                                   
        joint interest receivables
      		32,064,000 33,952,000                                   
        income tax receivable
      		1,325,000 24,291,000                                   
        other current assets
      		1,135,000 877,000 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
      		319,663,000 442,435,000 469,489,000 416,737,000 406,975,000 410,824,000 415,198,000 453,866,000 597,535,000 591,273,000 805,748,000 814,840,000 820,346,000 850,747,000 898,960,000 750,480,000 530,252,000 518,793,000 376,753,000 312,861,000 289,218,000 281,526,000 214,862,000 182,504,000 229,245,000 293,218,000 292,255,000 230,497,000 203,245,000 292,359,000 211,713,000 355,398 725,655 993,742 1,138,019 1,996,189 
        property, plant and equipment
      		                                    
        oil and natural gas properties
      		5,232,344,000 4,957,292,000 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
      		21,267,000 20,618,000 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
      		-2,667,132,000 -2,553,758,000 -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
      		2,586,479,000 2,424,152,000 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
      		                                    
        other long-term assets
      		38,336,000 28,267,000 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 assets
      		2,944,478,000 2,903,092,000 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
      		156,497,000 177,568,000 181,200,000 165,548,000 172,396,000 181,073,000 164,295,000 226,930,000 219,604,000 193,212,000 183,341,000 166,234,000 190,808,000 202,846,000 214,609,000 186,844,000 134,652,000 127,909,000 107,460,000 92,134,000 74,125,000 62,626,000 63,475,000 64,534,000 86,154,000 79,428,000           
        other current liabilities
      		134,033,000 110,462,000 137,729,000 123,072,000 132,721,000 109,188,000 117,228,000 128,029,000 130,407,000 121,675,000 120,364,000 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
      		290,530,000 288,030,000 318,929,000 288,620,000 305,117,000 290,261,000 281,523,000 354,959,000 350,011,000 314,887,000 303,705,000 263,000,000 311,244,000 340,273,000 341,972,000 333,027,000 238,734,000 218,545,000 190,685,000 167,949,000 125,935,000 128,949,000 124,462,000 120,313,000 170,700,000 175,208,000 190,311,000 201,131,000 184,460,000 197,361,000 178,072,000 11,582,073 5,962,718 1,804,828 1,229,470 1,799,645 
        long-term liabilities
      		                                    
        long-term debt
      		393,442,000 393,251,000 393,064,000 392,880,000 392,700,000 392,513,000 394,793,000 394,131,000 393,480,000 392,839,000 392,209,000 391,590,000 390,982,000 390,383,000 389,794,000 389,216,000 388,647,000 388,087,000 387,537,000 386,996,000 391,448,000 391,115,000 390,787,000 390,464,000 390,147,000 389,835,000 389,528,000 389,225,000 388,928,000 388,635,000 388,343,000      
        asset retirement obligations, net of current
      		187,471,000 186,038,000 184,349,000 164,153,000 163,126,000 161,295,000 159,340,000 157,710,000 148,689,000 148,467,000 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      
        deferred tax liabilities
      		18,525,000                                    
        other long-term liabilities
      		18,629,000 36,600,000 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
      		618,067,000 615,889,000 598,240,000 573,682,000 574,173,000 563,248,000 568,862,000 569,549,000 560,147,000 558,661,000 501,631,000 493,863,000 497,733,000 492,121,000 488,958,000 485,206,000 483,512,000 482,948,000 489,577,000 487,740,000 485,901,000 485,049,000 497,636,000 490,442,000 491,239,000 562,669,000 558,869,000 545,853,000 536,936,000 528,207,000 479,016,000      
        commitments and contingencies
      		                                    
        equity
      		                                    
        class a common stock, 0.0001 par value...
      		24,000 23,000 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 16,000 305 271 256 262 269 
        class b common stock, 0.0001 par value...
      		 1,000 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
      		1,962,082,000 1,903,459,000 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
      		-960,737,000 -928,662,000 -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
      		1,036,099,000 966,747,000 925,749,000 878,374,000 828,607,000 754,591,000 694,090,000 619,000,000 547,261,000 486,162,000 409,230,000 329,011,000 259,636,000 185,669,000        -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 
        accumulated other comprehensive loss
      		-1,587,000 -1,610,000                                   
        noncontrolling interest
      		 59,215,000 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
      		2,035,881,000 1,999,173,000 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
      		2,944,478,000 2,903,092,000 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               
        deferred financing costs
      		 5,576,000 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
      		 2,662,000 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                       
        total other assets
      		 36,505,000 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               
        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      
        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 expenses
      		                               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 
        class a common stock
      		                               619,478,920 622,840,340 624,382,630 623,768,450 623,099,240 
        stockholders' equity:
      		                                    
        preferred stock, 0.0001 par value...
      		                                    
        class f common stock, 0.0001 par value...
      		                               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 
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2026-03-31 2025-12-31 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 2018-06-30 
                                       
          cash flows from operating activities
        		                               
          net income
        		100,836,000 71,371,000 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 56,965,000  
          adjustments to reconcile net income to net cash from operating activities:
        		                               
          depreciation, depletion and amortization
        		113,359,000 114,205,000 110,617,000 107,082,000 105,853,000 105,332,000 107,336,000 104,743,000 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 50,871,000 142,671,000 137,630,000 143,894,000 126,102,000 115,946,000 110,412,000  
          asset retirement obligations accretion
        		1,857,000 1,843,000 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
        		546,000 550,000 547,000 540,000 532,000 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 1,108,000 910,000 918,000 913,000 901,000 896,000 897,000 892,000 881,000 871,000 891,000  
          deferred income tax expense
        		16,890,000 18,180,000 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
        		 0    -504,000                          
          stock based compensation
        		12,220,000 6,089,000 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
        		843,000 342,000 -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 -555,000  
          changes in operating assets and liabilities:
        		                               
          accounts receivable
        		-42,349,000 35,686,000 -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
        		-21,071,000 -5,421,000 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
        		-6,568,000 -8,320,000 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       
          other assets and liabilities
        		21,053,000 -23,743,000 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 -853,000  
          net cash from operating activities
        		197,616,000 208,396,000 247,055,000 198,698,000 224,490,000 222,627,000 217,894,000 269,397,000 210,932,000 246,882,000 187,311,000 201,773,000 219,823,000 268,002,000 410,681,000 379,135,000 238,869,000 260,542,000 221,904,000 187,878,000 118,153,000 79,122,000 65,157,000 30,964,000 134,878,000 159,008,000 179,220,000 192,829,000 116,562,000 214,792,000 -768,291 
          capital expenditures
        		0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 
          free cash flows
        		197,616,000 208,396,000 247,055,000 198,698,000 224,490,000 222,627,000 217,894,000 269,397,000 210,932,000 246,882,000 187,311,000 201,773,000 219,823,000 268,002,000 410,681,000 379,135,000 238,869,000 260,542,000 221,904,000 187,878,000 118,153,000 79,122,000 65,157,000 30,964,000 134,878,000 159,008,000 179,220,000 192,829,000 116,562,000 214,792,000 -768,291 
          cash flows from investing activities
        		                               
          acquisitions
        		-154,990,000 -2,229,000 -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
        		-128,427,000 -118,974,000 -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
        		27,447,000 -18,805,000 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
        		8,352,000 -96,000 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
        		-247,618,000 -140,104,000 -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 -115,749,000  
          cash flow from financing activities
        		                               
          class a common stock repurchases
        		-33,277,000 -53,290,000 -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
        		-19,793,000     0 -12,930,000       -48,520,000 0 -54,020,000 -84,733,000 0              
          dividends paid
        		-30,473,000 -27,755,000 -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
        		-911,000 -829,000 -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
        		-7,957,000 -118,000 -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   0  
          net cash from financing activities
        		-92,411,000 -81,992,000 -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 0 158,890 
          net change in cash and cash equivalents
        		-142,413,000 -13,700,000 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 99,043,000  
          cash and cash equivalents – beginning of period
        		266,785,000 0 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 0  
          cash and cash equivalents – end of period
        		124,372,000 -13,700,000 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 99,043,000  
          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
        		                             0  
          exploration expenses, non-cash
        		  0 2,000 123,000  0 0 1,000 265,000 0 4,000 5,000                   
          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   
          loss on revaluation of contingent consideration
        		   -2,652,000 -1,352,000   -1,005,000 4,205,000                       
          deposits for acquisitions of oil and natural gas properties
        		        -13,150,000                       
          (gain) on sale of assets
        		         0 0                     
          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
        		                 0 -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  -1,143,000             
          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   
          (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 8,635,000  
          acquisition of enervest properties
        		                         0    0  
          acquisitions, other
        		                    -558,000 0 -3,920,000 -392,000 -69,390,000 0 -1,318,000 -38,577,000 -53,326,000 -10,880,000  
          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   
          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
        		                             0  
          proceeds withdrawn from trust account
        		                             0  
          payment of contingent consideration
        		                             0  
          parents’ contribution
        		                               
          issuance of common stock
        		                             0  
          proceeds from issuance of long term debt
        		                             0  
          repayments of deferred underwriting compensation
        		                             0  
          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 1,277,000  
          cash settlements of matured derivative contracts
        		                               
          prepaid expenses and other assets
        		                         -639,000 -269,000 1,883,000 -618,000 -2,269,000  
          purchase of and contributions to equity method investment
        		                               
          accounts payable and accrued liabilities
        		                          12,593,000 22,116,000 -41,054,000 8,617,000  
          common stock repurchased
        		                               
          non-cash interest expense
        		                           6,048,000 4,011,000 5,879,000  
          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
        		                              -609,401 
          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   
          changes in assets and liabilities:
        		                               
          account receivable
        		                             26,890,000  
          additions to oil and gas properties
        		                               
          contingent consideration issued in business combination
        		                               
          non-compete agreement
        		                               
          equity issuances in connection with business combinations
        		                               
          (gain) loss on derivatives
        		                               
          net income attributable to common stock
        		                              -4,903,710 
          prepaid expenses
        		                              28,943 
          deferred tax asset
        		                              -2,201,701 
          accrued professional fees and other expenses
        		                              9,126,120 
          federal income taxes payable
        		                              -334,165 
          interest on investments held in trust account
        		                              -4,682,325 
          withdrawal of interest from trust account to pay operating expenses and federal income taxes
        		                              2,198,547 
          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
        		                              1,000,000 
          payment of underwriters discounts
        		                               
          payment of accrued offering costs
        		                              -14,710 
          repayment of notes payable from sponsor
        		                               
          deferred financing costs
        		                              -826,400 
          cash at beginning of period
        		                              851,466 
          cash at end of period
        		                              242,065 
          supplemental disclosure of cash flow information:
        		                               
          cash paid for federal income taxes
        		                              1,234,073 
          supplemental disclosures of non-cash financing activities:
        		                               
          deferred underwriting compensation
        		                               
          accrued offering costs
        		                               
          accrued professional fees and other incomes
        		                               
          •
        		                               
          accrued professional fees, travel and other expenses
        		                               
          withdrawal of interest from trust account to pay federal income taxes
        		                               
          proceeds from sale of class f common stock to sponsor
        		                               
          supplemental disclosure of non-cash financing activities: