Acquisitions and Divestitures (Tables)

9 Months Ended

Sep. 30, 2022

Business Combination and Asset Acquisition [Abstract]

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table sets forth the Company’s preliminary allocation of the total estimated consideration of $908.9 million to the assets acquired and liabilities assumed as of the acquisition date.

	Preliminary Purchase Price Allocation
	(In thousands)
Assets:
Other current assets	$8,174
Evaluated oil and natural gas properties	695,838
Unevaluated properties	278,370
Total assets acquired	$982,382
Liabilities:
Suspense payable	$16,447
Other current liabilities	45,745
Asset retirement obligation	1,898
Other long-term liabilities	9,425
Total liabilities assumed	$73,515
Total consideration	$908,867

Unaudited Summary Pro Forma Financial Information

The pro forma consolidated statements of operations data has been included for comparative purposes only and is not necessarily indicative of the results that might have occurred had the Primexx Acquisition taken place on January 1, 2020 and is not intended to be a projection of future results.

	For the Year Ended
	December 31, 2021
	(In thousands)
Revenues	$2,294,893
Income from operations	1,151,493
Net income	482,690
Basic earnings per common share	$8.37
Diluted earnings per common share	$8.13