PDC Energy (PDCE) 10-Q 2 Nov 22 2022 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Oct. 25, 2022
Cover [Abstract]
Entity Incorporation, State or Country Code	DE
Title of 12(b) Security	Common stock, par value $0.01 per share
Security Exchange Name	NASDAQ
Entity Tax Identification Number	95-2636730
Entity Interactive Data Current	Yes
Entity Shell Company	false
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80203
City Area Code	303
Local Phone Number	860-5800
Entity Registrant Name	PDC ENERGY, INC.
Entity Address, Address Line One	1775 Sherman Street,
Entity Address, Address Line Two	Suite 3000
Entity Address, City or Town	Denver
Entity Central Index Key	0000077877
Trading Symbol	PDCE
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	001-37419
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		92,144,663
Smaller Reporting Company	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 45,649	$ 33,829
Accounts receivable, net	609,440	398,605
Prepaid expenses and other current assets	10,630	8,230
Derivative Assets, Gross, Current	62,246	17,909
Total current assets	727,965	458,573
Properties and equipment, net	7,127,291	4,814,865
Derivative Assets, Gross, Noncurrent	91,075	15,177
Other assets	81,759	48,051
Total Assets	8,028,090	5,336,666
Current liabilities:
Accounts payable	213,473	127,891
Production tax liability	247,946	99,583
Derivative Liability, Gross, Current	389,234	304,870
Funds held for distribution	538,865	285,861
Accrued interest payable	19,511	10,482
Other accrued expenses	102,024	91,409
Total current liabilities	1,511,053	920,096
Long-term debt	1,393,528	942,084
Asset retirement obligations	152,709	127,526
Derivative Liability, Gross, Noncurrent	100,860	95,561
Deferred income taxes	413,983	26,383
Other liabilities	474,610	314,769
Total liabilities	4,046,743	2,426,419
Stockholders' Equity:
Common shares - par value $0.01 per share, 150,000,000 authorized, 92,857,134 and 96,468,071 issued as of September 30, 2022 and December 31, 2021, respectively	929	965
Additional paid-in capital	2,950,625	3,161,941
Retained earnings (accumulated deficit)	1,037,229	(249,954)
Treasury shares - at cost, 130,091 and 54,960 as of September 30, 2022 and December 31, 2021, respectively	(7,436)	(2,705)
Total stockholders’ equity	3,981,347	2,910,247
Total Liabilities and Stockholders’ Equity	$ 8,028,090	$ 5,336,666

Balance Sheet Parenthetical (Pa

Balance Sheet Parenthetical (Parentheticals) - $ / shares	Sep. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Common stock, shares authorized	150,000,000
Common stock, shares issued	92,857,134	96,468,071
Treasury shares, at cost	130,091	54,960
Common stock, par value	$ 0.01

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenues:
Crude oil, natural gas and NGLs sales	$ 1,200,619	$ 703,136	$ 3,320,678	$ 1,704,396
Commodity price risk management gain (loss), net	306,749	(217,678)	(363,283)	(707,187)
Other income	3,921	904	8,833	4,058
Total revenues	1,511,289	486,362	2,966,228	1,001,267
Costs, expenses and other:
Lease operating expense	69,155	45,649	193,922	129,848
Production taxes	98,142	44,654	250,309	101,114
Transportation, gathering and processing expense	32,327	26,732	89,882	74,453
Exploration, geologic and geophysical expense	11,843	222	12,416	862
General and administrative expense	40,103	30,847	119,859	96,367
Depreciation, depletion and amortization	205,604	169,644	547,720	478,617
Accretion of asset retirement obligations	3,484	2,825	9,823	9,185
Impairment of properties and equipment	184	77	1,637	329
Loss (gain) on sale of properties and equipment	(86)	(220)	287	(561)
Other expense	0	303	0	2,496
Total cost, expenses and other	460,756	320,733	1,225,855	892,710
Income (loss) from operations	1,050,533	165,629	1,740,373	108,557
Interest expense	(18,629)	(20,098)	(49,139)	(59,199)
(Adjustment to) Gain on bargain purchase	(4,621)	0	95,652	0
Income (loss) before income taxes	1,027,283	145,531	1,786,886	49,358
Income tax (expense) benefit	(229,318)	(210)	(358,500)	(110)
Net income (loss)	$ 797,965	$ 145,321	$ 1,428,386	$ 49,248
Earnings per share:
Basic	$ 8.40	$ 1.48	$ 14.87	$ 0.50
Diluted	$ 8.30	$ 1.45	$ 14.66	$ 0.49
Weighted-average common shares outstanding
Basic	94,950	98,183	96,065	99,018
Diluted	96,122	99,966	97,467	100,534
(Adjustment to) Gain on bargain purchase	$ (4,621)	$ 0	$ 95,652	$ 0

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Statement of Cash Flows [Abstract]
Net income (loss)	$ 1,428,386	$ 49,248
Adjustments to net income (loss) to reconcile to net cash provided by operating activities:
Net change in fair value of unsettled commodity derivatives	(349,798)	491,830
Depreciation, depletion and amortization	547,720	478,617
Impairment of properties and equipment	1,637	329
Capitalized Exploratory Well Cost, Charged to Expense	11,536	0
Accretion of asset retirement obligations	9,823	9,185
Non-cash stock-based compensation	19,952	17,294
Loss (gain) on sale of properties and equipment	287	(561)
Amortization of debt discount and issuance costs	4,075	11,195
Business Combination, Bargain Purchase, Gain Recognized, Amount	(95,652)	0
Deferred income taxes	357,500	0
Other	(742)	2,353
Changes in assets and liabilities	150,067	(31,670)
Net cash from operating activities	2,084,791	1,027,820
Cash flows from investing activities:
Capital expenditures for development of crude oil and natural gas properties	(773,748)	(428,831)
Capital expenditures for midstream assets	(8,747)	0
Capital expenditures for other properties and equipment	(8,619)	(363)
Acquisition of crude oil and natural gas properties, including settlement adjustments	(1,068,241)	0
Proceeds from sale of properties and equipment	640	4,720
Proceeds from Divestiture of Businesses	10,452	0
Net cash from investing activities	(1,848,263)	(424,474)
Cash flows from financing activities:
Proceeds from revolving credit facility	2,049,200	502,800
Repayment of revolving credit facility	(1,599,200)	(670,800)
Payments of Debt Issuance Costs	101	0
Purchase of treasury shares for employee stock-based compensation tax withholding obligations	(16,979)	(5,836)
Purchase of treasury shares under stock repurchase program	(556,035)	(107,318)
Dividends paid	(91,972)	(23,600)
Finance Lease, Principal Payments	(1,491)	(1,293)
Net cash from financing activities	(216,578)	(506,047)
Net change in cash, cash equivalents, and restricted cash	19,950	97,299
Cash, cash equivalents and restricted cash, beginning of period	33,829	2,623
Cash, cash equivalents and restricted cash, end of period	53,779	99,922
Repayments of Convertible Debt	0	(200,000)
(Adjustment to) Gain on bargain purchase	$ 95,652	$ 0

Consolidated Statement of Equit

Consolidated Statement of Equity (Statement) - USD ($) $ in Thousands	Total	Parent [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock, Common [Member]	Retained Earnings [Member]	Treasury Stock [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Shares, Issued							(38,000)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stockholders' Equity Attributable to Parent		$ 2,615,538	$ 998	$ 3,387,754		$ (772,265)	$ (949)
Shares, Outstanding			99,759,000
Issuance of treasury shares					65,000
Purchase of treasury shares		(2,356)			$ (2,356)
Issuance of treasury shares		0		0	0
Net income (loss)		(9,036)				(9,036)
Stock Issued During Period, Shares, Acquisitions			0
Stock Issued During Period, Value, Acquisitions		0	$ 0	0
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture			209,000				0
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture		5,020	$ 2	3,670			$ 1,348
Treasury Stock, Shares, Retired			(33,000)				33,000
Treasury Stock, Retired, Cost Method, Amount			$ 0	(1,091)	$ 1,091
Stock Repurchased and Retired During Period, Shares			(568,000)		568,000
Stock Repurchased During Period, Value		(22,098)			$ (22,098)
Stock Repurchased and Retired During Period, Value			$ (6)	(21,061)	$ 21,067
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation					(81,000)
Stock Repurchased During Period, Shares					(598,000)
Net income (loss)	$ 49,248
Stock Repurchased During Period, Shares					(2,700,000)
Shares, Issued							(51,000)
Stockholders' Equity Attributable to Parent		2,587,068	$ 994	3,369,272		(781,301)	$ (1,897)
Shares, Outstanding			99,367,000
Issuance of treasury shares							22,000
Dividends	(12,117)
Purchase of treasury shares		(3,300)			$ (3,300)
Issuance of treasury shares				0			$ 0
Net income (loss)		(87,037)				(87,037)
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture			295,000				0
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture		6,495	$ 3	5,742			$ 750
Treasury Stock, Shares, Retired			(78,000)				78,000
Treasury Stock, Retired, Cost Method, Amount			$ (1)	(2,807)	$ 2,808
Stock Repurchased and Retired During Period, Shares			677,000		(684,000)
Stock Repurchased During Period, Value		26,509			$ 26,509
Stock Repurchased and Retired During Period, Value	$ 306		$ 7	26,922	$ (27,235)
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation					(92,000)
Stock Repurchased During Period, Shares					(661,000)
Common Stock, Dividends, Per Share, Declared	$ 0.12
Shares, Issued							(20,000)
Stockholders' Equity Attributable to Parent		2,464,906	$ 989	3,333,168		(868,338)	$ (913)
Shares, Outstanding			98,907,000
Issuance of treasury shares			0				1,000
Dividends	$ (11,936)
Purchase of treasury shares		180			$ 180
Issuance of treasury shares		0	$ 0	0			$ 0
Net income (loss)	145,321	145,321				145,321
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture			12,000				0
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture		5,779	$ 0	5,730			$ 49
Treasury Stock, Shares, Retired			2,000				(2,000)
Treasury Stock, Retired, Cost Method, Amount				91	$ (91)
Stock Repurchased and Retired During Period, Shares			1,476,000		(1,476,000)
Stock Repurchased During Period, Value		59,666			$ 59,666
Stock Repurchased and Retired During Period, Value	$ 0		$ 15	59,610	$ (59,625)
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation					4,000
Stock Repurchased During Period, Shares					(1,476,000)
Common Stock, Dividends, Per Share, Declared	$ 0.12
Shares, Issued							21,000
Stockholders' Equity Attributable to Parent		2,544,224	$ 974	3,267,261		(723,017)	$ (994)
Shares, Outstanding			97,441,000
Shares, Issued							(55,000)
Stockholders' Equity Attributable to Parent	$ 2,910,247	2,910,247	$ 965	3,161,941		(249,954)	$ (2,705)
Shares, Outstanding			96,468,000
Issuance of treasury shares					67,000
Purchase of treasury shares		(9,203)			$ (9,203)
Issuance of treasury shares		0		0	0
Net income (loss)		(31,960)				(31,960)
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture			655,000				0
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture		5,474	$ 7	1,798			$ 3,669
Treasury Stock, Shares, Retired			(53,000)				53,000
Treasury Stock, Retired, Cost Method, Amount			$ (2)	(3,022)	$ 3,024
Stock Repurchased and Retired During Period, Shares			(1,320,000)		1,320,000
Stock Repurchased During Period, Value		(85,339)			$ (85,339)
Stock Repurchased and Retired During Period, Value			$ (13)	(83,508)	$ 83,521
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation					(164,000)
Stock Repurchased During Period, Shares					(1,326,000)
Dividends, Common Stock		(24,468)		(24,468)
Common Stock, Dividends, Per Share, Declared	$ 0.25
Net income (loss)	$ 1,428,386
Stock Repurchased During Period, Shares					(8,500,000)
Dividends, Common Stock	$ 92,400
Common Stock, Dividends, Per Share, Declared	$ 0.95
Shares, Issued							(105,000)
Stockholders' Equity Attributable to Parent		2,764,751	$ 957	3,052,741		(281,914)	$ (7,033)
Shares, Outstanding			95,750,000
Issuance of treasury shares							5,000
Dividends	$ (34,658)
Purchase of treasury shares		(7,657)			$ (7,657)
Issuance of treasury shares		0		0			$ 0
Net income (loss)		662,381				662,381
Stock Issued During Period, Shares, Acquisitions			4,007,000
Stock Issued During Period, Value, Acquisitions		293,314	$ 40	293,274
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture			337,000				0
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture		7,296	$ 3	6,924			$ 369
Treasury Stock, Shares, Retired			(101,000)				101,000
Treasury Stock, Retired, Cost Method, Amount			$ (1)	(7,635)	$ 7,636
Stock Repurchased and Retired During Period, Shares			(2,946,000)		2,946,000
Stock Repurchased During Period, Value		(214,706)			$ (214,706)
Stock Repurchased and Retired During Period, Value	$ 0		$ (29)	(214,123)	$ 214,152
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation					(101,000)
Stock Repurchased During Period, Shares					(2,966,000)
Common Stock, Dividends, Per Share, Declared	$ 0.35
Shares, Issued							(120,000)
Stockholders' Equity Attributable to Parent		3,470,721	$ 970	3,096,523		380,467	$ (7,239)
Shares, Outstanding			97,047,000
Issuance of treasury shares			0				0
Dividends	$ (33,251)			0		(33,251)
Purchase of treasury shares		119			$ 119
Issuance of treasury shares		0	$ 0	0			$ 0
Net income (loss)	797,965	797,965				797,965
Shares Issued, Shares, Share-based Payment Arrangement, after Forfeiture			7,000				0
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture		7,182	$ 0	7,254			$ (72)
Treasury Stock, Shares, Retired			2,000				(2,000)
Treasury Stock, Retired, Cost Method, Amount				69	$ (115)	46
Stock Repurchased and Retired During Period, Shares			(4,195,000)		4,195,000
Stock Repurchased During Period, Value		(261,151)			$ (261,151)	0
Stock Repurchased and Retired During Period, Value	$ 0		$ (41)	(153,083)	$ 261,030	(107,906)
Share-based Payment Arrangement, Shares Withheld for Tax Withholding Obligation					2,000
Stock Repurchased During Period, Shares					(4,205,000)
Common Stock, Dividends, Per Share, Declared	$ 0.35
Shares, Issued							130,000
Stockholders' Equity Attributable to Parent	$ 3,981,347	$ 3,981,347	$ 929	$ 2,950,625		$ 1,037,229	$ (7,436)
Shares, Outstanding			92,857,000

Statement of Financial Position

Statement of Financial Position, Classified	9 Months Ended
	Sep. 30, 2022
Statement of Financial Position [Abstract]
Income Tax Disclosure	NOTE 13 - INCOME TAXES We compute our quarterly tax provision using the effective tax rate method by applying the anticipated annual effective rate to our year-to-date income or loss, except for discrete items. Income tax on discrete items is computed and recorded in the period in which the specific transaction occurs. We consider whether a portion, or all, of our deferred tax assets (“DTAs”) will be realized based on a more likely than not standard of judgment. The ultimate realization of DTAs is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. At each reporting period, management considers the available taxes in carryback periods, the future reversals of existing taxable temporary differences, tax planning strategies and projected future taxable income in making this assessment. Our oil and gas property impairments and cumulative pre-tax losses were key considerations that led us to provide a valuation allowance against our DTAs beginning January 1, 2020 since we previously could not conclude that it is more likely than not that our DTAs will be fully realized in future periods. As we previously disclosed in our 2021 Form 10-K, we maintained a valuation allowance on our net federal deferred tax assets and continued to do so until sufficient positive evidence existed to support a reversal of the allowance. In the second quarter of 2022, continued higher commodity prices increased our income, resulting in the reversal of objective negative evidence of cumulative loss in recent years, and we determined that we have sufficient positive evidence to release the valuation allowance. As a result, we released $22.5 million and $45.0 million of the valuation allowance against our deferred income tax assets and recognized a corresponding decrease to income tax expense in the three and nine months ended September 30, 2022, respectively. The remainder of the valuation allowance of $11.6 million will be recognized as a decrease to income tax expense in the fourth quarter of 2022. Excluding the discrete gain on bargain purchase, the effective income tax rates for the three and nine months ended September 30, 2022 were 22.2 percent and 21.2 percent, respectively, and 0.1 percent and 0.2 percent provision on the respective pre-tax income for the three and nine months ended September 30, 2021, respectively. The effective tax rates differ from the amount that would be provided by applying the statutory U.S. federal income tax rate of 21 percent to the pre-tax income due to state income taxes offset by the effect of the valuation allowance or changes in the valuation allowance against our deferred income tax asset. As of September 30, 2022, there is no liability for unrecognized income tax benefits. As of the date of this report, we are current with our income tax filings in all applicable state jurisdictions and are not currently under any state income tax examinations. The IRS has accepted our 2020 federal income tax return with no tax adjustments. We continue to voluntarily participate in the IRS CAP program for the review of our 2021 tax year. Participation in the IRS CAP Program has enabled us to have minimal uncertain tax benefits associated with our federal tax return filings.

NATURE OF OPERATIONS AND BASIS

NATURE OF OPERATIONS AND BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2022
NATURE OF OPERATIONS AND BASIS OF PRESENTATION [Abstract]
Nature of Operations	NOTE 1 - NATURE OF OPERATIONS AND BASIS OF PRESENTATION PDC Energy, Inc. is a domestic independent exploration and production company that acquires, explores and develops properties for the production of crude oil, natural gas and NGLs, with operations in the Wattenberg Field in Colorado and the Delaware Basin in west Texas. Our operations in the Wattenberg Field are focused in the horizontal Niobrara and Codell plays and our Delaware Basin operations are primarily focused in the horizontal Wolfcamp zones. As of September 30, 2022, we owned an interest in approximately 4,200 gross productive wells. The accompanying unaudited condensed consolidated financial statements include the accounts of PDC and our wholly-owned subsidiaries. All material intercompany accounts and transactions have been eliminated in consolidation. In our opinion, the accompanying condensed consolidated financial statements contain all adjustments, consisting of normal recurring adjustments necessary for a fair statement of the results of interim periods presented in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and with the instructions to Form 10-Q and Article 10 of Regulation S-X of the SEC. Accordingly, pursuant to such rules and regulations, certain notes and other financial information included in audited financial statements have been condensed or omitted. The December 31, 2021 condensed consolidated balance sheet data was derived from audited statements, but does not include all disclosures required by U.S. GAAP. The information presented in this Quarterly Report on Form 10-Q should be read in conjunction with our audited consolidated financial statements and notes thereto included in our 2021 Form 10-K. Our results of operations and cash flows for the nine months ended September 30, 2022 are not necessarily indicative of the results to be expected for the full year or any other future period.

Business Combination (Notes)

Business Combination (Notes)	9 Months Ended
	Sep. 30, 2022
Business Combinations [Abstract]
Business Combination Disclosure	NOTE 2 - BUSINESS COMBINATION On May 6, 2022, we completed the acquisition of Great Western Petroleum, LLC (“Great Western”), for approximately $1.4 billion, inclusive of Great Western’s net debt (the “Great Western Acquisition”). Great Western was an independent oil and gas company focused on the exploration, production and development of crude oil and natural gas in the Wattenberg Field of Colorado. The consideration paid was $542.5 million in cash and approximately 4.0 million shares of our common stock, valued at $293.3 million on the acquisition date. In addition, we paid off the Great Western secured credit facility totaling $235.8 million and irrevocably deposited $361.2 million on Great Western’s behalf to pay and discharge on May 20, 2022 Great Western’s 12 percent senior secured notes due 2025, inclusive of unpaid accrued interest and a premium for early termination. The cash portion of the purchase price and the termination of Great Western’s debt were funded through a combination of cash on hand and availability under our revolving credit facility. Purchase Price Allocation The Great Western Acquisition has been accounted for using the acquisition method under Accounting Standards Codification (“ASC”) 805, Business Combinations , with PDC being treated as the accounting acquirer. Accordingly, we conducted assessments of the net assets acquired and recognized amounts for identifiable assets acquired and liabilities assumed at their estimated fair values, while transaction and integration costs associated with the acquisition were expensed as incurred. The following table presents our preliminary allocation of the total purchase price of Great Western to the identifiable assets acquired and liabilities assumed based on the fair values as of the acquisition date: (in thousands, except share and per share data) Consideration: Cash $ 542,500 Retirement of Great Western’s credit facility 235,822 Extinguishment of Great Western’s secured senior notes 361,231 Total cash consideration $ 1,139,553 Common stock issued 4,007,018 Fair value of PDC common stock on May 6, 2022 $ 73.20 Total fair value of common stock issued 293,314 Total consideration $ 1,432,867 Assets acquired: Cash $ 63,183 Accounts receivable 164,026 Other current assets 3,129 Properties and equipment, net - proved 2,089,443 Properties and equipment, net - other 7,035 Other noncurrent assets 21,888 Total assets acquired $ 2,348,704 Liabilities assumed: Accounts payable $ (118,485) Production tax liability (110,940) Funds held for distribution (166,212) Other current liabilities (18,603) Fair value of derivatives (319,600) Asset retirement obligations (23,442) Deferred tax liabilities (30,100) Other liabilities (32,803) Total liabilities assumed $ (820,185) Total identifiable net assets acquired $ 1,528,519 Gain on bargain purchase 95,652 Purchase price consideration $ 1,432,867 Determining the fair values of the assets and liabilities of Great Western requires judgement and certain assumptions to be made, the most significant of these being related to the valuation of crude oil and natural gas properties. The majority of the measurements of assets acquired and liabilities assumed are based on inputs that are not observable in the market, and therefore represent Level 3 inputs. The fair values of crude oil and natural gas properties and asset retirement obligations were measured using valuation techniques that convert future cash flows to a single discounted amount. Significant inputs and assumptions to the valuation of proved and unproved crude oil and natural gas properties include estimates of reserve volumes, future operating and development costs, future commodity prices, lease terms and expirations and a market-based weighted-average cost of capital rate of 14.25 percent. These inputs require significant judgments and estimates by management at the time of the valuation. Due to this, the final purchase price allocation is considered an ongoing process and the measurement period will extend into the fourth quarter of 2022. Through September 30, 2022, there have been immaterial adjustments made to the allocation presented in the Quarterly Report on Form 10-Q for the quarter ended June 30, 2022 filed with the SEC on August 3, 2022. ASC 805, Business Combinations , requires that any excess of purchase price over the fair value of assets acquired, including identifiable intangibles and liabilities assumed, be recognized as goodwill and any excess of fair value of acquired net assets, including identifiable intangible assets over the acquisition consideration, results in a gain from bargain purchase. Prior to recording a gain, the acquiring entity must reassess whether all assets acquired and assumed liabilities have been identified and recognized and perform re-measurements to verify that the consideration paid, assets acquired and liabilities assumed have been properly valued. The Great Western Acquisition resulted in a gain on bargain purchase due to the estimated fair value of the identifiable net assets acquired exceeding the purchase consideration transferred by $95.7 million and is shown as a gain on bargain purchase on our condensed consolidated statement of operations, net of related income taxes of $30.1 million . Upon completion of our assessment, we concluded that recording a gain on bargain purchase was appropriate and required under ASC 805. The bargain purchase was primarily attributable to the increase in commodity price forecasts from the date we entered into the definitive purchase agreement with Great Western, February 26, 2022, to the closing date of the acquisition, May 6, 2022, when the fair value of crude oil and natural gas reserves acquired were determined. Additionally, the majority of the acquisition consideration was fixed and therefore did not fluctuate as a result of market increases or decreases between the date of entry into the agreement through the closing date. The results of operations for the Great Western Acquisition since the closing date have been included on our condensed consolidated financial statements for the three and nine months ended September 30, 2022 and include approximately $266.1 million and $458.9 million of total revenues, respectively, and $162.2 million and $293.3 million of income from operations, respectively. During the three and nine months ended September 30, 2022, we recognized total transaction costs of $1.2 million and $11.7 million, respectively, which are included in general and administrative expense on the condensed consolidated statement of operations. Pro Forma Information . The following unaudited pro forma financial information represents a summary of the condensed consolidated results of operations for the three months ended September 30, 2021 and nine months ended September 30, 2022 and 2021, assuming the acquisition had been completed as of January 1, 2021. The financial information for the three months ended September 30, 2022 was included on our condensed consolidated financial statements and therefore does not require a pro forma disclosure. The pro forma financial information is not necessarily indicative of the results of operations that would have been achieved if the acquisition had been effective as of these dates, or of future results. The information below reflects certain nonrecurring pro forma adjustments that were directly related to the business combination based on available information and certain assumptions that we believe are reasonable, including (i) our common stock issued to the owners of Great Western, (ii) the increase in depletion reflecting the relative fair values and production volumes attributable to Great Western’s properties and the revision to the depletion rate reflecting the reserve volumes acquired, (iii) adjustments to interest expense as a result of payoff of Great Western’s credit facility and secured senior notes, (iv) the adjustment to reflect the gain on bargain purchase, and (v) the estimated tax impacts of the pro forma adjustments. In addition, pro forma earnings were adjusted to exclude acquisition-related costs incurred by us and Great Western totaling approximately $4.9 million and $33.4 million for the three and nine months ended September 30, 2022, respectively, and included the total costs of $33.4 million for the nine months ended September 30, 2021. Three months ended September 30, Nine months ended September 30, 2021 2022 2021 (in thousands, except per share data) Total revenues $ 570,736 $ 3,017,856 $ 1,189,724 Net income (loss) 128,818 1,299,632 (8,654) Earnings (loss) per share: Basic $ 1.26 $ 12.99 $ (0.08) Diluted 1.24 12.81 (0.08)

Revenue Recognition (Notes)

Revenue Recognition (Notes)	9 Months Ended
	Sep. 30, 2022
Revenue Recognition and Deferred Revenue [Abstract]
Revenue from Contract with Customer [Text Block]	NOTE 3 - REVENUE RECOGNITION Disaggregated Revenue. The following table presents crude oil, natural gas and NGLs sales disaggregated by commodity and operating region for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, Revenue by Commodity and Operating Region 2022 2021 Percent Change 2022 2021 Percent Change (in thousands) Crude oil Wattenberg Field $ 577,451 $ 341,822 69 % $ 1,628,524 $ 869,336 87 % Delaware Basin 103,263 80,751 28 % 342,772 177,587 93 % Total $ 680,714 $ 422,573 61 % 1,971,296 1,046,923 88 % Natural gas Wattenberg Field $ 277,098 $ 116,263 138 % 658,510 287,949 129 % Delaware Basin 42,084 19,207 119 % 101,514 38,970 160 % Total $ 319,182 $ 135,470 136 % 760,024 326,919 132 % NGLs Wattenberg Field $ 170,667 $ 121,837 40 % 491,094 283,119 73 % Delaware Basin 30,056 23,256 29 % 98,264 47,435 107 % Total $ 200,723 $ 145,093 38 % 589,358 330,554 78 % Crude oil, natural gas and NGLs Wattenberg Field $ 1,025,216 $ 579,922 77 % 2,778,128 1,440,404 93 % Delaware Basin 175,403 123,214 42 % 542,550 263,992 106 % Total $ 1,200,619 $ 703,136 71 % $ 3,320,678 $ 1,704,396 95 %

Fair Value Measurements and Dis

Fair Value Measurements and Disclosures	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value, Measurement Inputs, Disclosure	NOTE 4 - FAIR VALUE MEASUREMENTS Recurring Fair Value Measurements Derivative Financial Instruments. We measure the fair value of our commodity derivative instruments based upon a pricing model that utilizes market-based inputs, including, but not limited to, the contractual price of the underlying position, current market prices, crude oil and natural gas forward curves, discount rates, volatility factors and nonperformance risk. Nonperformance risk considers the effect of our credit standing on the fair value of derivative liabilities and the effect of our counterparties’ credit standings on the fair value of derivative assets. Both inputs to the model are based on published credit default exchange rates and the duration of each outstanding derivative position. We use our counterparties’ valuations to assess reasonableness of our fair value measurement. Our crude oil and natural gas fixed-price exchanges and basis exchanges are included in Level 2. Our collars are included in Level 3. The following table presents, for each applicable level within the fair value hierarchy, our derivative assets and liabilities, including both current and non-current portions, measured at fair value on a recurring basis as of the dates indicated: September 30, 2022 December 31, 2021 Condensed Consolidated Balance Sheet Line Item Significant Other Significant Total Significant Other Significant Total (in thousands) Derivative assets Current Fair value of derivatives $ 35,577 $ 26,669 $ 62,246 $ — $ 17,909 $ 17,909 Non-current Fair value of derivatives 72,161 18,914 91,075 605 14,572 15,177 Total $ 107,738 $ 45,583 $ 153,321 $ 605 $ 32,481 $ 33,086 Derivative liabilities Current Fair value of derivatives $ (291,427) $ (97,807) $ (389,234) $ (230,695) $ (74,175) $ (304,870) Non-current Fair value of derivatives (80,596) (20,264) (100,860) (74,715) (20,846) (95,561) Total $ (372,023) $ (118,071) $ (490,094) $ (305,410) $ (95,021) $ (400,431) The following table presents a reconciliation of our Level 3 assets and liabilities measured at fair value for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (in thousands) Fair value of Level 3 instruments, net asset (liability) beginning of period $ (205,520) $ (117,985) $ (62,540) $ (8,427) Changes in fair value included on condensed consolidated statements of operations line item: Commodity price risk management gain (loss), net 61,565 (87,036) (211,363) (214,556) Settlements included on condensed consolidated statement of operations line items: Commodity price risk management gain (loss), net 71,467 46,368 201,415 64,330 Fair value of Level 3 instruments, net asset (liability) end of period $ (72,488) $ (158,653) $ (72,488) $ (158,653) Net change in fair value of Level 3 unsettled derivatives included on condensed consolidated statements of operations line item: Commodity price risk management gain (loss), net $ 67,566 $ (78,786) $ (54,500) $ (210,430) The significant unobservable input used in the fair value measurement of our derivative contracts is the implied volatility curve. A significant increase or decrease in the implied volatility, in isolation, would have a directionally similar effect resulting in a significantly higher or lower fair value measurement of our Level 3 derivative contracts. There has been no change in the methodology we apply to measure the fair value of our Level 3 derivative contracts during the periods covered by the financial statements. Nonrecurring Fair Value Measurements Acquisitions and Impairment of Long-lived Assets. We measure fair value using inputs that are not observable in the market, and are therefore designated as Level 3 within the valuation hierarchy, on a nonrecurring basis for any acquired assets or businesses and to review our proved and unproved crude oil and natural gas properties for possible impairment. Asset Retirement Obligations. We measure the fair value of asset retirement obligations as of the date a well begins drilling or when production equipment and facilities are installed using a discounted cash flow model based on inputs that are not observable in the market and therefore are designated as Level 3 within the valuation hierarchy. Other Financial Instruments The carrying value of the financial instruments included in current assets and current liabilities approximates fair value due to the short-term maturities of these instruments. Long-term Debt. The portion of our long-term debt related to our revolving credit facility approximates fair value, as the applicable interest rates are variable and reflective of market rates. We have elected not to account for the portion of our debt related to our senior notes under the fair value option; however, we have determined an estimate of the fair values based on measurements of trading activity and broker or dealer quotes, which are published market prices, and therefore are Level 2 inputs. The table below presents these estimates of the fair value of the portion of our long-term debt related to our senior notes as of the dates indicated: September 30, 2022 December 31, 2021 Nominal Interest Estimated Fair Value Percent of Par Estimated Fair Value Percent of Par (in millions) (in millions) Senior Notes: 2024 Senior Notes 6.125 % $ 198.6 99.3 % $ 202.8 101.4 % 2026 Senior Notes 5.75 % 694.5 92.6 % 775.5 103.4 %

Derivative Financial Instrument

Derivative Financial Instruments	9 Months Ended
	Sep. 30, 2022
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	NOTE 5 - COMMODITY DERIVATIVE FINANCIAL INSTRUMENTS Objective and Strategy. Our results of operations and operating cash flows are affected by changes in market prices for crude oil, natural gas and NGLs. To manage a portion of our exposure to price volatility from producing crude oil and natural gas we enter into commodity derivative contracts such as collars, fixed-price exchanges and basis protection exchanges, to protect against price declines in future periods. We do not enter into derivative contracts for speculative or trading purposes. We believe our commodity derivative instruments continue to be effective in achieving the risk management objectives for which they were intended. Depending on changes in crude oil and natural gas futures markets and management’s view of underlying supply and demand trends, we may increase or decrease our derivative positions from current levels. As of September 30, 2022, we had derivative instruments in place for a portion of our anticipated production in 2022 through 2025. Our commodity derivative contracts have been entered into at no upfront cost to us as we hedge our anticipated production at the then-prevailing commodity market prices, without adjustment for premium or discount. Effect of Derivative Instruments on the Condensed Consolidated Statements of Operations . The following table presents the impact of our derivative instruments on our condensed consolidated statements of operations for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, Condensed Consolidated Statement of Operations Line Item 2022 2021 2022 2021 (in thousands) Commodity price risk management gain (loss), net Net settlements $ (252,826) $ (129,571) $ (713,081) $ (215,357) Net change in fair value of unsettled derivatives 559,575 (88,107) 349,798 (491,830) Total commodity price risk management gain (loss), net $ 306,749 $ (217,678) $ (363,283) $ (707,187) Commodity Derivative Contracts. As of September 30, 2022, we had the following outstanding derivative contracts. When aggregating multiple contracts, the weighted average contract price is presented: Collars Fixed-Price Swaps Commodity/ Index/ Quantity (Crude oil - MBbls Natural Gas - BBtu) Weighted Average Quantity (Crude Oil - MBbls Gas and Basis- BBtu) Weighted Fair Value September 30, 2022 (in thousands) Floors Ceilings Crude Oil NYMEX 2022 1,368 $ 53.18 $ 67.33 3,426 $ 58.35 $ (86,281) 2023 5,937 61.27 83.11 9,804 66.42 (63,132) 2024 825 65.91 89.58 6,126 70.59 27,532 2025 — — — 2,640 75.10 26,996 Total Crude Oil 8,130 21,996 (94,885) Natural Gas NYMEX 2022 10,357 3.14 4.68 14,996 2.95 (84,559) 2023 17,227 3.17 4.86 41,825 3.05 (125,299) 2024 — — — 26,160 3.54 (28,450) 2025 — — — 6,225 4.87 1,608 27,584 89,206 (236,700) CIG 2023 — — — 8,760 3.39 (14,470) 2025 — — — 4,800 3.10 (4,711) — 13,560 (19,181) Total Natural Gas 27,584 102,766 (255,881) Basis Protection - Natural Gas CIG 2022 25,215 (0.27) 15,258 2023 57,782 (0.29) 309 2024 26,160 (0.39) (1,350) 2025 6,225 (0.37) (224) Total Basis Protection - Natural Gas 115,382 13,993 Commodity Derivatives Fair Value $ (336,773) Effect of Derivative Instruments on the Condensed Consolidated Balance Sheet. The balance sheet line items and fair value amounts of our derivative instruments are disclosed in Note 4 - Fair Value Measurements. Our financial derivative agreements contain master netting provisions that provide for the net settlement of contracts through a single payment in the event of early termination. We have elected not to offset the fair value positions recorded on our condensed consolidated balance sheets. The following table reflects the impact of netting agreements on gross derivative assets and liabilities as of September 30, 2022: Total Gross Amount Presented on the Balance Sheet Effect of Master Netting Agreements Total Net Amount (in thousands) Derivative assets: Derivative instruments, at fair value $ 153,321 $ (144,133) $ 9,188 Derivative liabilities: Derivative instruments, at fair value $ 490,094 $ (144,133) $ 345,961 Derivative Counterparties. Our commodity derivative instruments expose us to the risk of non-performance by our counterparties. We use financial institutions who are also lenders under our revolving credit facility as counterparties to our commodity derivative contracts. To date, we have had no derivative counterparty default losses. We have evaluated the credit risk of our derivative assets from our counterparties using relevant credit market default rates, giving consideration to amounts outstanding for each counterparty and the duration of each outstanding derivative position. Based on our evaluation, we have determined that the potential impact of nonperformance of our current counterparties on the fair value of our derivative instruments is not significant at September 30, 2022; however, this determination may change.

Properties and Equipment

Properties and Equipment	9 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment Disclosure	NOTE 6 - PROPERTIES AND EQUIPMENT, NET The following table presents the components of properties and equipment, net of accumulated depreciation, depletion and amortization (“DD&A”) as of the dates indicated: September 30, 2022 December 31, 2021 (in thousands) Properties and equipment, net: Crude oil and natural gas properties Proved $ 10,961,408 $ 8,310,018 Unproved 257,919 306,181 Total crude oil and natural gas properties 11,219,327 8,616,199 Equipment and other 69,570 63,099 Land and buildings 25,406 19,928 Construction in progress 614,313 371,968 Properties and equipment, at cost 11,928,616 9,071,194 Accumulated DD&A (4,801,325) (4,256,329) Properties and equipment, net $ 7,127,291 $ 4,814,865 Suspended Well Costs. The following table presents the capitalized exploratory well cost pending determination of proved reserves and included in properties and equipment for the periods presented: Year Ended December 31, 2021 (in thousands, except for number of wells) Beginning balance $ 7,459 Additions to capitalized exploratory well costs pending the determination of proved reserves 5,902 Reclassifications to proved properties (13,361) Ending balance $ — Number of wells pending determination at period-end —

Other Accrued Expenses and Othe

Other Accrued Expenses and Other Liabilities (Notes)	9 Months Ended
	Sep. 30, 2022
Accrued Liabilities and Other Liabilities [Abstract]
Other Income and Other Expense Disclosure [Text Block]	NOTE 7 - ACCOUNTS RECEIVABLE, OTHER ACCRUED EXPENSES AND OTHER LIABILITIES Accounts Receivable. The following table presents the components of accounts receivable, net of allowance for doubtful accounts, as of the dates indicated: September 30, 2022 December 31, 2021 (in thousands) Crude oil, natural gas and NGLs sales $ 555,931 $ 368,991 Joint interest billings 45,087 24,860 Other 13,924 10,809 Allowance for doubtful accounts (5,502) (6,055) Accounts receivable, net $ 609,440 $ 398,605 Other Accrued Expenses. The following table presents the components of other accrued expenses as of the dates indicated: September 30, 2022 December 31, 2021 (in thousands) Employee benefits $ 25,945 $ 29,319 Asset retirement obligations 24,276 32,146 Environmental expenses 27,387 11,942 Operating and finance leases 6,211 7,197 Other 18,205 10,805 Other accrued expenses $ 102,024 $ 91,409 Other Liabilities. The following table presents the components of other liabilities as of the dates indicated: September 30, 2022 December 31, 2021 (in thousands) Deferred midstream gathering credits $ 150,468 $ 159,788 Production taxes 253,481 131,865 Operating and finance leases 41,870 6,274 Other 28,791 16,842 Other liabilities $ 474,610 $ 314,769 Deferred Midstream Gathering Credits. In 2019, we entered into agreements pursuant to which we dedicated the gathering of certain of our production and all water gathering and disposal volumes in the Delaware Basin. The terms of these agreements range from 15 to 22 years. The acreage dedication agreements resulted in initial cash receipts and are being amortized on a units-of-production basis. The amortization rates are assessed on an annual basis for changes in estimated future production. The following table presents the amortization charges related to our deferred credits recognized on the condensed consolidated statements of operations for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (in thousands) Transportation, gathering and processing expense $ 3,361 $ 2,014 $ 7,691 $ 5,343 Lease operating expense 815 732 2,281 1,817

Leases

Leases	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Lessee, Operating Leases	NOTE 9 - LEASES We have operating leases for office space and well equipment, and finance leases for vehicles. Our leases have remaining lease terms ranging from one to eleven years. We had short-term lease costs of $75.0 million and $48.2 million for the three months ended September 30, 2022 and September 30, 2021, respectively, and $230.5 million and $158.4 million for the nine months ended September 30, 2022 and September 30, 2021, respectively. Our short-term lease costs include amounts that are capitalized as part of the cost of assets and are recorded as properties and equipment, or recognized as expense. The following table presents the balance sheet classification of our leases as of the dates indicated: Leases Condensed Consolidated Balance Sheet Line Item September 30, 2022 December 31, 2021 (in thousands) Operating lease right-of-use assets Other assets $ 21,662 $ 7,630 Finance lease right-of-use assets Properties and equipment, net 6,018 3,483 Total right-of-use assets $ 27,680 $ 11,113 Operating lease obligation - current Other accrued expenses 4,174 5,937 Operating lease obligation - non-current Other liabilities 37,831 4,044 Finance lease obligation - current Other accrued expenses 2,037 1,260 Finance lease obligation - non-current Other liabilities 4,039 2,230 Total lease liabilities $ 48,081 $ 13,471 Weighted average remaining lease term (years) 7.7 2.8 Weighted average discount rate 5.0 % 4.8 %
Lessee, Finance Leases	NOTE 9 - LEASES We have operating leases for office space and well equipment, and finance leases for vehicles. Our leases have remaining lease terms ranging from one to eleven years. We had short-term lease costs of $75.0 million and $48.2 million for the three months ended September 30, 2022 and September 30, 2021, respectively, and $230.5 million and $158.4 million for the nine months ended September 30, 2022 and September 30, 2021, respectively. Our short-term lease costs include amounts that are capitalized as part of the cost of assets and are recorded as properties and equipment, or recognized as expense. The following table presents the balance sheet classification of our leases as of the dates indicated: Leases Condensed Consolidated Balance Sheet Line Item September 30, 2022 December 31, 2021 (in thousands) Operating lease right-of-use assets Other assets $ 21,662 $ 7,630 Finance lease right-of-use assets Properties and equipment, net 6,018 3,483 Total right-of-use assets $ 27,680 $ 11,113 Operating lease obligation - current Other accrued expenses 4,174 5,937 Operating lease obligation - non-current Other liabilities 37,831 4,044 Finance lease obligation - current Other accrued expenses 2,037 1,260 Finance lease obligation - non-current Other liabilities 4,039 2,230 Total lease liabilities $ 48,081 $ 13,471 Weighted average remaining lease term (years) 7.7 2.8 Weighted average discount rate 5.0 % 4.8 %

Asset Retirement Obligations

Asset Retirement Obligations	9 Months Ended
	Sep. 30, 2022
Asset Retirement Obligation Disclosure [Abstract]
Asset Retirement Obligation Disclosure	The following table presents the changes in carrying amounts of the asset retirement obligations associated with our working interests in crude oil and natural gas properties for the nine months ended September 30, 2022: (in thousands) Asset retirement obligations at beginning of period $ 159,672 Obligations incurred with development activities and other 3,654 Obligations incurred with acquisition 23,442 Accretion expense 9,823 Revisions in estimated cash flows (284) Obligations discharged with asset retirements and divestitures (19,322) Asset retirement obligations at end of period 176,985 Current portion (1) (24,276) Long-term portion $ 152,709 _____________

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure	NOTE 11 - COMMITMENTS AND CONTINGENCIES Commitments . We routinely enter into, extend or amend operating agreements in the ordinary course of business. We have long-term transportation, sales, processing and facility expansion agreements for pipeline capacity and water delivery and disposal commitments. There were no significant commitments entered into during the nine months ended September 30, 2022, other than the commitments assumed as a result of the Great Western Acquisition including an aggregate of approximately $393.3 million in various sales, transportation, gathering and processing contractual obligations. For details of our existing commitments excluding the Great Western Acquisition, refer to Note 13 - Commitments and Contingencies in Item 8. Financial Statements and Supplementary Data included in our 2021 Form 10-K. Litigation and Legal Items. We are involved in various legal proceedings. We review the status of these proceedings on an ongoing basis and, from time to time, may settle or otherwise resolve these matters on terms and conditions that management believes are in our best interests. We have provided the necessary estimated accruals in the accompanying condensed consolidated balance sheets where deemed appropriate for litigation and legal related items that are ongoing and not yet concluded. Although the results cannot be known with certainty, we currently believe that the ultimate results of such proceedings will not have a material adverse effect on our financial position, results of operations or liquidity.

Common Stock Common Stock (Note

Common Stock Common Stock (Notes)	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Common Stock	NOTE 12 - COMMON STOCK Stock-Based Compensation Plans 2018 Equity Incentive Plan . In May 2020, our stockholders approved an amendment to increase the number of shares of our common stock reserved for issuance pursuant to our long-term equity compensation plan for employees and non-employee directors (the “2018 Plan”) to 7,050,000 shares. As of September 30, 2022, there were 3,834,293 shares available for grant under the 2018 Plan. 2010 Long-Term Equity Compensation Plan . Our Amended and Restated 2010 Long-Term Equity Compensation Plan, approved in 2013 (the “2010 Plan”), remains outstanding and we continue to use the 2010 Plan to grant awards. No awards may be granted under the 2010 Plan on or after June 5, 2023. As of September 30, 2022, there were 240,910 shares available for grant under the 2010 Plan. The following table provides a summary of the impact of our outstanding stock-based compensation plans on the results of operations for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (in thousands) General and administrative expense $ 6,811 $ 5,479 $ 18,731 $ 16,420 Lease operating expense 371 300 1,221 874 Total stock-based compensation expense $ 7,182 $ 5,779 $ 19,952 $ 17,294 Restricted Stock Units The following table presents the changes in non-vested time-based RSUs to eligible employees, including executive officers, for the nine months ended September 30, 2022: Shares Weighted Average Grant-Date Fair Value per Share Non-vested at beginning of period 1,165,187 $ 25.33 Granted 355,539 70.28 Vested (545,752) 25.80 Forfeited (41,255) 40.02 Non-vested at end of period 933,719 41.53 The weighted average grant-date fair value of restricted stock units was $70.28 and $33.48 for the nine months ended September 30, 2022 and 2021, respectively. The total grant-date fair value of restricted stock units that vested for the nine months ended September 30, 2022 and 2021 was $14.1 million and $13.3 million, respectively. Total compensation cost related to non-vested time-based awards and not yet recognized on our condensed consolidated statements of operations as of September 30, 2022 was $29.5 million. This cost is expected to be recognized over a weighted average period of 1.6 years. Performance Stock Units The Compensation Committee awarded a total of 102,098 market-based PSUs to our executive officers during the nine months ended September 30, 2022. In addition to continuous employment, the vesting of these PSUs is contingent on a combination of absolute stock performance and our total stockholder return (“TSR”), which is essentially our stock price change, including any dividends, over a three-year period ending on December 31, 2024, as compared to the TSR of a group of peer companies over the same period. The PSUs will result in a payout between zero and 250 percent of the target PSUs awarded. The grant-date fair value was estimated using a Monte Carlo valuation model. The Monte Carlo valuation model is based on random projections of stock price paths and must be repeated numerous times to achieve a probabilistic assessment. The expected term of the awards was based on the requisite service period. The risk-free interest rate was based on the U.S. Treasury yields in effect at the time of grant and extrapolated to approximate the life of the award. The expected volatility was based on our common stock historical volatility, as well as that of our peer group. The following table summarizes the key assumptions and related information used to determine the grant-date fair value of performance stock units awarded during the periods presented: Nine Months Ended September 30, 2022 2021 Expected term of award (in years) 2.9 3.0 Risk-free interest rate 1.7% 0.2% Expected volatility 86.3% 84.6% Weighted average grant date fair value per share $107.85 $54.01 The following table presents the change in non-vested market-based awards during the nine months ended September 30, 2022: Shares Weighted Average Grant-Date Fair Value per Share Non-vested at beginning of period 439,229 $ 43.21 Granted 102,098 107.85 Granted for performance multiple (1) 241,183 43.10 Released (1) (241,183) 43.10 Non-vested at end of period 541,327 55.40 _____________ (1) Upon completion of the performance period for the PSUs granted in 2019 and a portion of the PSUs granted in 2020, a performance multiple of 190% was applied to each of the grants resulting in additional grants of PSUs in January 2022. Total compensation cost related to non-vested market-based awards not yet recognized on our condensed consolidated statements of operations as of September 30, 2022 was $14.2 million. This cost is expected to be recognized over a weighted average period of one year. Preferred Stock We are authorized to issue 50,000,000 shares of preferred stock, par value $0.01 per share, which may be issued in one or more series, with such rights, preferences, privileges, and restrictions as shall be fixed by our board of directors from time to time. Through September 30, 2022, no shares of preferred stock have been issued. Stock Repurchase Program In 2019, our board of directors approved a program pursuant to which we may acquire shares of our common stock from time to time. At December 31, 2021, $187.3 million of the approved $525.0 million remained available for repurchase under the stock repurchase program. In February 2022, our board of directors approved a new stock repurchase program that reset the total repurchase value to $1.25 billion. The stock repurchase program does not require any specific number of shares to be acquired and can be modified or discontinued by our board of directors at any time. Repurchases under the program can be made in open markets at our discretion and in compliance with safe harbor provisions, or in privately negotiated transactions. Pursuant to the program, we repurchased 8.5 million and 2.7 million shares of outstanding common stock at a cost of $561.2 million and $108.3 million during the nine months ended September 30, 2022 and 2021, respectively. As of September 30, 2022, $716.9 million remained available under the program for repurchases of our outstanding common stock. Dividends

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
Income Tax Disclosure	NOTE 13 - INCOME TAXES We compute our quarterly tax provision using the effective tax rate method by applying the anticipated annual effective rate to our year-to-date income or loss, except for discrete items. Income tax on discrete items is computed and recorded in the period in which the specific transaction occurs. We consider whether a portion, or all, of our deferred tax assets (“DTAs”) will be realized based on a more likely than not standard of judgment. The ultimate realization of DTAs is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. At each reporting period, management considers the available taxes in carryback periods, the future reversals of existing taxable temporary differences, tax planning strategies and projected future taxable income in making this assessment. Our oil and gas property impairments and cumulative pre-tax losses were key considerations that led us to provide a valuation allowance against our DTAs beginning January 1, 2020 since we previously could not conclude that it is more likely than not that our DTAs will be fully realized in future periods. As we previously disclosed in our 2021 Form 10-K, we maintained a valuation allowance on our net federal deferred tax assets and continued to do so until sufficient positive evidence existed to support a reversal of the allowance. In the second quarter of 2022, continued higher commodity prices increased our income, resulting in the reversal of objective negative evidence of cumulative loss in recent years, and we determined that we have sufficient positive evidence to release the valuation allowance. As a result, we released $22.5 million and $45.0 million of the valuation allowance against our deferred income tax assets and recognized a corresponding decrease to income tax expense in the three and nine months ended September 30, 2022, respectively. The remainder of the valuation allowance of $11.6 million will be recognized as a decrease to income tax expense in the fourth quarter of 2022. Excluding the discrete gain on bargain purchase, the effective income tax rates for the three and nine months ended September 30, 2022 were 22.2 percent and 21.2 percent, respectively, and 0.1 percent and 0.2 percent provision on the respective pre-tax income for the three and nine months ended September 30, 2021, respectively. The effective tax rates differ from the amount that would be provided by applying the statutory U.S. federal income tax rate of 21 percent to the pre-tax income due to state income taxes offset by the effect of the valuation allowance or changes in the valuation allowance against our deferred income tax asset. As of September 30, 2022, there is no liability for unrecognized income tax benefits. As of the date of this report, we are current with our income tax filings in all applicable state jurisdictions and are not currently under any state income tax examinations. The IRS has accepted our 2020 federal income tax return with no tax adjustments. We continue to voluntarily participate in the IRS CAP program for the review of our 2021 tax year. Participation in the IRS CAP Program has enabled us to have minimal uncertain tax benefits associated with our federal tax return filings.

Earnings per share

Earnings per share	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 14 - EARNINGS PER SHARE Basic earnings per share is computed by dividing net earnings by the weighted average number of common shares outstanding for the period. Diluted earnings per share is similarly computed, except that the denominator includes the effect, using the treasury stock method, of unvested stock-based employee awards and shares held pursuant to our non-employee director deferred compensation plan, if including such potential shares of common stock is dilutive. The following table presents our weighted average basic and diluted shares outstanding for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (in thousands) Weighted average common shares outstanding - basic 94,950 98,183 96,065 99,018 Dilutive effect of: RSUs and PSUs 1,152 1,777 1,376 1,505 Other equity-based awards 20 6 26 11 Weighted average common shares and equivalents outstanding - diluted 96,122 99,966 97,467 100,534 The following table presents the weighted average common share equivalents excluded from the calculation of diluted earnings per share due to their anti-dilutive effect for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (in thousands) Weighted average common share equivalents excluded from diluted earnings per share due to their anti-dilutive effect: RSUs and PSUs 350 6 192 37 Other stock-based awards 32 97 32 131 Total anti-dilutive common share equivalents 382 103 224 168

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
	Sep. 30, 2022
Supplemental Cash Flow Elements [Abstract]
Cash Flow, Supplemental Disclosures [Text Block]	Nine Months Ended September 30, 2022 2021 (in thousands) Supplemental cash flow information: Cash payments (receipts) for: Interest, net of capitalized interest $ 36,055 $ 41,880 Income taxes 157 (1,057) Non-cash investing and financing activities: Change in accounts payable related to capital expenditures $ (10,280) $ 21,216 Change in asset retirement obligations, with a corresponding change to crude oil and natural gas properties, net of disposals 551 (1,538) Issuance of common stock for acquisition of an exploration and production business 293,314 — Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 5,752 $ 5,848 Operating cash flows from finance leases 74 77 Right-of-use assets obtained in exchange for lease obligations: Operating leases (1) $ 18,548 $ 1,189 Finance leases 4,157 2,055 _____________ (1) Includes $3.1 million operating lease acquired from Great Western. Cash, cash equivalents and restricted cash presented in the condensed consolidated statements of cash flow is comprised of the following: September 30, 2022 2021 (in thousands) Cash and cash equivalents $ 45,649 $ 99,922 Restricted cash (1) 8,130 — $ 53,779 $ 99,922 _____________

Significant Accounting Policies

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Consolidation, Policy	The accompanying unaudited condensed consolidated financial statements include the accounts of PDC and our wholly-owned subsidiaries. All material intercompany accounts and transactions have been eliminated in consolidation
Basis of Accounting, Policy	In our opinion, the accompanying condensed consolidated financial statements contain all adjustments, consisting of normal recurring adjustments necessary for a fair statement of the results of interim periods presented in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and with the instructions to Form 10-Q and Article 10 of Regulation S-X of the SEC. Accordingly, pursuant to such rules and regulations, certain notes and other financial information included in audited financial statements have been condensed or omitted. The December 31, 2021 condensed consolidated balance sheet data was derived from audited statements, but does not include all disclosures required by U.S. GAAP. The information presented in this Quarterly Report on Form 10-Q should be read in conjunction with our audited consolidated financial statements and notes thereto included in our 2021 Form 10-K. Our results of operations and cash flows for the nine months ended September 30, 2022 are not necessarily indicative of the results to be expected for the full year or any other future period
Earnings Per Share, Policy	Basic earnings per share is computed by dividing net earnings by the weighted average number of common shares outstanding for the period. Diluted earnings per share is similarly computed, except that the denominator includes the effect, using the treasury stock method, of unvested stock-based employee awards and shares held pursuant to our non-employee director deferred compensation plan, if including such potential shares of common stock is dilutive.

Asset Retirement Obligations As

Asset Retirement Obligations Asset Retirement Obligations (Policies)	9 Months Ended
	Sep. 30, 2022
Asset Retirement Obligation Disclosure [Abstract]
Asset Retirement Obligation [Policy Text Block]	Our estimated asset retirement obligations liability is based on historical experience in plugging and abandoning wells, estimated economic lives and estimated plugging, abandonment and surface reclamation costs considering federal and state regulatory requirements in effect at the time that the obligation is incurred. The liability is discounted using the credit-adjusted risk-free rate estimated at the time the liability is incurred or revised. To the extent future revisions to these assumptions impact the present value of the existing asset retirement obligations liability, a corresponding adjustment is made to the properties and equipment balance. Changes in the liability due to the passage of time are recognized as an increase in the carrying amount of the liability and as accretion expense.

Business Combination Purchase P

Business Combination Purchase Price Transaction Details (Tables)	9 Months Ended
	Sep. 30, 2022
Business Combination, Separately Recognized Transactions [Line Items]
Business Combination, Separately Recognized Transactions [Table Text Block]	The following table presents our preliminary allocation of the total purchase price of Great Western to the identifiable assets acquired and liabilities assumed based on the fair values as of the acquisition date: (in thousands, except share and per share data) Consideration: Cash $ 542,500 Retirement of Great Western’s credit facility 235,822 Extinguishment of Great Western’s secured senior notes 361,231 Total cash consideration $ 1,139,553 Common stock issued 4,007,018 Fair value of PDC common stock on May 6, 2022 $ 73.20 Total fair value of common stock issued 293,314 Total consideration $ 1,432,867 Assets acquired: Cash $ 63,183 Accounts receivable 164,026 Other current assets 3,129 Properties and equipment, net - proved 2,089,443 Properties and equipment, net - other 7,035 Other noncurrent assets 21,888 Total assets acquired $ 2,348,704 Liabilities assumed: Accounts payable $ (118,485) Production tax liability (110,940) Funds held for distribution (166,212) Other current liabilities (18,603) Fair value of derivatives (319,600) Asset retirement obligations (23,442) Deferred tax liabilities (30,100) Other liabilities (32,803) Total liabilities assumed $ (820,185) Total identifiable net assets acquired $ 1,528,519 Gain on bargain purchase 95,652 Purchase price consideration $ 1,432,867
Business Acquisition, Pro Forma Information [Table Text Block]	The information below reflects certain nonrecurring pro forma adjustments that were directly related to the business combination based on available information and certain assumptions that we believe are reasonable, including (i) our common stock issued to the owners of Great Western, (ii) the increase in depletion reflecting the relative fair values and production volumes attributable to Great Western’s properties and the revision to the depletion rate reflecting the reserve volumes acquired, (iii) adjustments to interest expense as a result of payoff of Great Western’s credit facility and secured senior notes, (iv) the adjustment to reflect the gain on bargain purchase, and (v) the estimated tax impacts of the pro forma adjustments. In addition, pro forma earnings were adjusted to exclude acquisition-related costs incurred by us and Great Western totaling approximately $4.9 million and $33.4 million for the three and nine months ended September 30, 2022, respectively, and included the total costs of $33.4 million for the nine months ended September 30, 2021. Three months ended September 30, Nine months ended September 30, 2021 2022 2021 (in thousands, except per share data) Total revenues $ 570,736 $ 3,017,856 $ 1,189,724 Net income (loss) 128,818 1,299,632 (8,654) Earnings (loss) per share: Basic $ 1.26 $ 12.99 $ (0.08) Diluted 1.24 12.81 (0.08)

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2022
Revenue Recognition and Deferred Revenue [Abstract]
Disaggregation of Revenue [Table Text Block]	Disaggregated Revenue. The following table presents crude oil, natural gas and NGLs sales disaggregated by commodity and operating region for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, Revenue by Commodity and Operating Region 2022 2021 Percent Change 2022 2021 Percent Change (in thousands) Crude oil Wattenberg Field $ 577,451 $ 341,822 69 % $ 1,628,524 $ 869,336 87 % Delaware Basin 103,263 80,751 28 % 342,772 177,587 93 % Total $ 680,714 $ 422,573 61 % 1,971,296 1,046,923 88 % Natural gas Wattenberg Field $ 277,098 $ 116,263 138 % 658,510 287,949 129 % Delaware Basin 42,084 19,207 119 % 101,514 38,970 160 % Total $ 319,182 $ 135,470 136 % 760,024 326,919 132 % NGLs Wattenberg Field $ 170,667 $ 121,837 40 % 491,094 283,119 73 % Delaware Basin 30,056 23,256 29 % 98,264 47,435 107 % Total $ 200,723 $ 145,093 38 % 589,358 330,554 78 % Crude oil, natural gas and NGLs Wattenberg Field $ 1,025,216 $ 579,922 77 % 2,778,128 1,440,404 93 % Delaware Basin 175,403 123,214 42 % 542,550 263,992 106 % Total $ 1,200,619 $ 703,136 71 % $ 3,320,678 $ 1,704,396 95 %

Fair Value Measurements and D_2

Fair Value Measurements and Disclosures (Tables)	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]	Long-term Debt. The portion of our long-term debt related to our revolving credit facility approximates fair value, as the applicable interest rates are variable and reflective of market rates. We have elected not to account for the portion of our debt related to our senior notes under the fair value option; however, we have determined an estimate of the fair values based on measurements of trading activity and broker or dealer quotes, which are published market prices, and therefore are Level 2 inputs. The table below presents these estimates of the fair value of the portion of our long-term debt related to our senior notes as of the dates indicated: September 30, 2022 December 31, 2021 Nominal Interest Estimated Fair Value Percent of Par Estimated Fair Value Percent of Par (in millions) (in millions) Senior Notes: 2024 Senior Notes 6.125 % $ 198.6 99.3 % $ 202.8 101.4 % 2026 Senior Notes 5.75 % 694.5 92.6 % 775.5 103.4 %
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	Our crude oil and natural gas fixed-price exchanges and basis exchanges are included in Level 2. Our collars are included in Level 3. The following table presents, for each applicable level within the fair value hierarchy, our derivative assets and liabilities, including both current and non-current portions, measured at fair value on a recurring basis as of the dates indicated: September 30, 2022 December 31, 2021 Condensed Consolidated Balance Sheet Line Item Significant Other Significant Total Significant Other Significant Total (in thousands) Derivative assets Current Fair value of derivatives $ 35,577 $ 26,669 $ 62,246 $ — $ 17,909 $ 17,909 Non-current Fair value of derivatives 72,161 18,914 91,075 605 14,572 15,177 Total $ 107,738 $ 45,583 $ 153,321 $ 605 $ 32,481 $ 33,086 Derivative liabilities Current Fair value of derivatives $ (291,427) $ (97,807) $ (389,234) $ (230,695) $ (74,175) $ (304,870) Non-current Fair value of derivatives (80,596) (20,264) (100,860) (74,715) (20,846) (95,561) Total $ (372,023) $ (118,071) $ (490,094) $ (305,410) $ (95,021) $ (400,431)
Fair Value Assets and Liabilities Unobservable Input Reconciliation	The following table presents a reconciliation of our Level 3 assets and liabilities measured at fair value for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (in thousands) Fair value of Level 3 instruments, net asset (liability) beginning of period $ (205,520) $ (117,985) $ (62,540) $ (8,427) Changes in fair value included on condensed consolidated statements of operations line item: Commodity price risk management gain (loss), net 61,565 (87,036) (211,363) (214,556) Settlements included on condensed consolidated statement of operations line items: Commodity price risk management gain (loss), net 71,467 46,368 201,415 64,330 Fair value of Level 3 instruments, net asset (liability) end of period $ (72,488) $ (158,653) $ (72,488) $ (158,653) Net change in fair value of Level 3 unsettled derivatives included on condensed consolidated statements of operations line item: Commodity price risk management gain (loss), net $ 67,566 $ (78,786) $ (54,500) $ (210,430)

Derivative Financial Instrume_2

Derivative Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2022
Derivative Instruments Not Designated as Hedging Instruments [Abstract]
Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]	The following table presents the impact of our derivative instruments on our condensed consolidated statements of operations for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, Condensed Consolidated Statement of Operations Line Item 2022 2021 2022 2021 (in thousands) Commodity price risk management gain (loss), net Net settlements $ (252,826) $ (129,571) $ (713,081) $ (215,357) Net change in fair value of unsettled derivatives 559,575 (88,107) 349,798 (491,830) Total commodity price risk management gain (loss), net $ 306,749 $ (217,678) $ (363,283) $ (707,187)
Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]	As of September 30, 2022, we had the following outstanding derivative contracts. When aggregating multiple contracts, the weighted average contract price is presented: Collars Fixed-Price Swaps Commodity/ Index/ Quantity (Crude oil - MBbls Natural Gas - BBtu) Weighted Average Quantity (Crude Oil - MBbls Gas and Basis- BBtu) Weighted Fair Value September 30, 2022 (in thousands) Floors Ceilings Crude Oil NYMEX 2022 1,368 $ 53.18 $ 67.33 3,426 $ 58.35 $ (86,281) 2023 5,937 61.27 83.11 9,804 66.42 (63,132) 2024 825 65.91 89.58 6,126 70.59 27,532 2025 — — — 2,640 75.10 26,996 Total Crude Oil 8,130 21,996 (94,885) Natural Gas NYMEX 2022 10,357 3.14 4.68 14,996 2.95 (84,559) 2023 17,227 3.17 4.86 41,825 3.05 (125,299) 2024 — — — 26,160 3.54 (28,450) 2025 — — — 6,225 4.87 1,608 27,584 89,206 (236,700) CIG 2023 — — — 8,760 3.39 (14,470) 2025 — — — 4,800 3.10 (4,711) — 13,560 (19,181) Total Natural Gas 27,584 102,766 (255,881) Basis Protection - Natural Gas CIG 2022 25,215 (0.27) 15,258 2023 57,782 (0.29) 309 2024 26,160 (0.39) (1,350) 2025 6,225 (0.37) (224) Total Basis Protection - Natural Gas 115,382 13,993 Commodity Derivatives Fair Value $ (336,773)
Derivatives Not Designated as Hedging Instruments [Table Text Block]	The following table reflects the impact of netting agreements on gross derivative assets and liabilities as of September 30, 2022: Total Gross Amount Presented on the Balance Sheet Effect of Master Netting Agreements Total Net Amount (in thousands) Derivative assets: Derivative instruments, at fair value $ 153,321 $ (144,133) $ 9,188 Derivative liabilities: Derivative instruments, at fair value $ 490,094 $ (144,133) $ 345,961

Properties and Equipment (Table

Properties and Equipment (Tables)	9 Months Ended
	Sep. 30, 2022
Oil and Gas Property [Abstract]
Property, Plant and Equipment	The following table presents the components of properties and equipment, net of accumulated depreciation, depletion and amortization (“DD&A”) as of the dates indicated: September 30, 2022 December 31, 2021 (in thousands) Properties and equipment, net: Crude oil and natural gas properties Proved $ 10,961,408 $ 8,310,018 Unproved 257,919 306,181 Total crude oil and natural gas properties 11,219,327 8,616,199 Equipment and other 69,570 63,099 Land and buildings 25,406 19,928 Construction in progress 614,313 371,968 Properties and equipment, at cost 11,928,616 9,071,194 Accumulated DD&A (4,801,325) (4,256,329) Properties and equipment, net $ 7,127,291 $ 4,814,865
Schedule of Aging of Capitalized Exploratory Well Costs [Table Text Block]	The following table presents the capitalized exploratory well cost pending determination of proved reserves and included in properties and equipment for the periods presented: Year Ended December 31, 2021 (in thousands, except for number of wells) Beginning balance $ 7,459 Additions to capitalized exploratory well costs pending the determination of proved reserves 5,902 Reclassifications to proved properties (13,361) Ending balance $ — Number of wells pending determination at period-end —

Other Accrued Expenses and Ot_2

Other Accrued Expenses and Other Liabilities (Tables)	9 Months Ended
	Sep. 30, 2022
Accrued Liabilities and Other Liabilities [Abstract]
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Current [Text Block]	The following table presents the components of other accrued expenses as of the dates indicated: September 30, 2022 December 31, 2021 (in thousands) Employee benefits $ 25,945 $ 29,319 Asset retirement obligations 24,276 32,146 Environmental expenses 27,387 11,942 Operating and finance leases 6,211 7,197 Other 18,205 10,805 Other accrued expenses $ 102,024 $ 91,409
Accounts Payable, Accrued Liabilities, and Other Liabilities Disclosure, Noncurrent [Text Block]	The following table presents the components of other liabilities as of the dates indicated: September 30, 2022 December 31, 2021 (in thousands) Deferred midstream gathering credits $ 150,468 $ 159,788 Production taxes 253,481 131,865 Operating and finance leases 41,870 6,274 Other 28,791 16,842 Other liabilities $ 474,610 $ 314,769
Schedule of Other Assets and Other Liabilities	Other Liabilities. The following table presents the components of other liabilities as of the dates indicated: September 30, 2022 December 31, 2021 (in thousands) Deferred midstream gathering credits $ 150,468 $ 159,788 Production taxes 253,481 131,865 Operating and finance leases 41,870 6,274 Other 28,791 16,842 Other liabilities $ 474,610 $ 314,769
Deferred Midstream Gathering Credits	The following table presents the amortization charges related to our deferred credits recognized on the condensed consolidated statements of operations for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (in thousands) Transportation, gathering and processing expense $ 3,361 $ 2,014 $ 7,691 $ 5,343 Lease operating expense 815 732 2,281 1,817
Accounts Receivable, Allowance for Credit Loss	Accounts Receivable. The following table presents the components of accounts receivable, net of allowance for doubtful accounts, as of the dates indicated: September 30, 2022 December 31, 2021 (in thousands) Crude oil, natural gas and NGLs sales $ 555,931 $ 368,991 Joint interest billings 45,087 24,860 Other 13,924 10,809 Allowance for doubtful accounts (5,502) (6,055) Accounts receivable, net $ 609,440 $ 398,605

Long-Term Debt (Tables)

Long-Term Debt (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Long-term debt, net of unamortized discounts, premiums, and debt issuance costs totaling $6.5 million and $7.9 million as of September 30, 2022 and December 31, 2021, respectively, consists of the following: September 30, 2022 December 31, 2021 (in thousands) Revolving credit facility due November 2026 $ 450,000 $ — 6.125% Senior Notes due September 2024 199,041 198,674 5.75% Senior Notes due May 2026 744,487 743,410 Total debt, net of unamortized discount, premium and debt issuance costs $ 1,393,528 $ 942,084
Schedule of Accounts, Notes, Loans and Financing Receivable	The following table summarizes the face values, interest rates, maturity dates, semi-annual interest payment dates, and optional redemption periods related to our outstanding senior note obligations as of September 30, 2022: 2024 Senior Notes 2026 Senior Notes Outstanding principal amounts (in thousands) $ 200,000 $ 750,000 Interest rate 6.125 % 5.75 % Maturity date September 15, 2024 May 15, 2026 Interest payment dates March 15, September 15 May 15, November 15 Redemption periods (1) September 15, 2022 May 15, 2024 _____________ (1) At any time prior to the indicated dates, we have the option to redeem all or a portion of our senior notes of the applicable series at the redemption amounts specified in the respective senior note indenture plus accrued and unpaid interest to the date of redemption. On or after the indicated dates, we may redeem all or a portion of the senior notes at a redemption amount equal to 100% of the principal amount of the senior notes being redeemed plus accrued and unpaid interest to the date of redemption.

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Operating and Financing Leases Financial Statement Location [Table Text Block]	The following table presents the balance sheet classification of our leases as of the dates indicated: Leases Condensed Consolidated Balance Sheet Line Item September 30, 2022 December 31, 2021 (in thousands) Operating lease right-of-use assets Other assets $ 21,662 $ 7,630 Finance lease right-of-use assets Properties and equipment, net 6,018 3,483 Total right-of-use assets $ 27,680 $ 11,113 Operating lease obligation - current Other accrued expenses 4,174 5,937 Operating lease obligation - non-current Other liabilities 37,831 4,044 Finance lease obligation - current Other accrued expenses 2,037 1,260 Finance lease obligation - non-current Other liabilities 4,039 2,230 Total lease liabilities $ 48,081 $ 13,471 Weighted average remaining lease term (years) 7.7 2.8 Weighted average discount rate 5.0 % 4.8 %

Asset Retirement Obligations (T

Asset Retirement Obligations (Tables)	9 Months Ended
	Sep. 30, 2022
Asset Retirement Obligation Disclosure [Abstract]
Schedule of Change in Asset Retirement Obligation	NOTE 10 - ASSET RETIREMENT OBLIGATIONS The following table presents the changes in carrying amounts of the asset retirement obligations associated with our working interests in crude oil and natural gas properties for the nine months ended September 30, 2022: (in thousands) Asset retirement obligations at beginning of period $ 159,672 Obligations incurred with development activities and other 3,654 Obligations incurred with acquisition 23,442 Accretion expense 9,823 Revisions in estimated cash flows (284) Obligations discharged with asset retirements and divestitures (19,322) Asset retirement obligations at end of period 176,985 Current portion (1) (24,276) Long-term portion $ 152,709 _____________

Common Stock Common Stock (Tabl

Common Stock Common Stock (Tables)	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Share-based Payment Arrangement, Cost by Plan [Table Text Block]	The following table provides a summary of the impact of our outstanding stock-based compensation plans on the results of operations for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (in thousands) General and administrative expense $ 6,811 $ 5,479 $ 18,731 $ 16,420 Lease operating expense 371 300 1,221 874 Total stock-based compensation expense $ 7,182 $ 5,779 $ 19,952 $ 17,294
Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]	The following table presents the changes in non-vested time-based RSUs to eligible employees, including executive officers, for the nine months ended September 30, 2022: Shares Weighted Average Grant-Date Fair Value per Share Non-vested at beginning of period 1,165,187 $ 25.33 Granted 355,539 70.28 Vested (545,752) 25.80 Forfeited (41,255) 40.02 Non-vested at end of period 933,719 41.53
Restricted Stock Awards, Market-Based, Valuation assumptions [Table Text Block]	The following table summarizes the key assumptions and related information used to determine the grant-date fair value of performance stock units awarded during the periods presented: Nine Months Ended September 30, 2022 2021 Expected term of award (in years) 2.9 3.0 Risk-free interest rate 1.7% 0.2% Expected volatility 86.3% 84.6% Weighted average grant date fair value per share $107.85 $54.01
Schedule of Nonvested Performance-based Units Activity [Table Text Block]	The following table presents the change in non-vested market-based awards during the nine months ended September 30, 2022: Shares Weighted Average Grant-Date Fair Value per Share Non-vested at beginning of period 439,229 $ 43.21 Granted 102,098 107.85 Granted for performance multiple (1) 241,183 43.10 Released (1) (241,183) 43.10 Non-vested at end of period 541,327 55.40 _____________

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share Reconciliation	The following table presents our weighted average basic and diluted shares outstanding for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (in thousands) Weighted average common shares outstanding - basic 94,950 98,183 96,065 99,018 Dilutive effect of: RSUs and PSUs 1,152 1,777 1,376 1,505 Other equity-based awards 20 6 26 11 Weighted average common shares and equivalents outstanding - diluted 96,122 99,966 97,467 100,534
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following table presents the weighted average common share equivalents excluded from the calculation of diluted earnings per share due to their anti-dilutive effect for the periods presented: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (in thousands) Weighted average common share equivalents excluded from diluted earnings per share due to their anti-dilutive effect: RSUs and PSUs 350 6 192 37 Other stock-based awards 32 97 32 131 Total anti-dilutive common share equivalents 382 103 224 168

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	9 Months Ended
	Sep. 30, 2022
Supplemental Cash Flow Elements [Abstract]
Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]	Nine Months Ended September 30, 2022 2021 (in thousands) Supplemental cash flow information: Cash payments (receipts) for: Interest, net of capitalized interest $ 36,055 $ 41,880 Income taxes 157 (1,057) Non-cash investing and financing activities: Change in accounts payable related to capital expenditures $ (10,280) $ 21,216 Change in asset retirement obligations, with a corresponding change to crude oil and natural gas properties, net of disposals 551 (1,538) Issuance of common stock for acquisition of an exploration and production business 293,314 — Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 5,752 $ 5,848 Operating cash flows from finance leases 74 77 Right-of-use assets obtained in exchange for lease obligations: Operating leases (1) $ 18,548 $ 1,189 Finance leases 4,157 2,055 _____________ (1) Includes $3.1 million operating lease acquired from Great Western. Cash, cash equivalents and restricted cash presented in the condensed consolidated statements of cash flow is comprised of the following: September 30, 2022 2021 (in thousands) Cash and cash equivalents $ 45,649 $ 99,922 Restricted cash (1) 8,130 — $ 53,779 $ 99,922 _____________

Nature of Operations and Basi_2

Nature of Operations and Basis of Presentation Additional Information (Details)	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Oil and gas producing wells, gross	4,200

Business Combination - Narrativ

Business Combination - Narrative (Details) - USD ($) $ in Thousands			3 Months Ended		9 Months Ended
	Sep. 30, 2022	May 06, 2022	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Business Acquisition [Line Items]
Business Acquisition, Pro Forma Revenue				$ 570,736	$ 3,017,856	$ 1,189,724
Revenues			$ 1,511,289	486,362	2,966,228	1,001,267
Net Income (Loss) Attributable to Parent			797,965	145,321	1,428,386	49,248
Purch Price Adj Disc Cash Flow		14.25%
(Adjustment to) Gain on bargain purchase	$ 95,652	$ 95,700	(4,621)	$ 0	95,652	$ 0
SRC Acquisition [Member]
Business Acquisition [Line Items]
Revenues			266,100		458,900
Net Income (Loss) Attributable to Parent			162,200		293,300
SRC and PDC
Business Acquisition [Line Items]
Business Combination, Acquisition Related Costs			4,900		33,400
Business Acquisition, Transaction Costs	33,400		33,400		33,400
SRC Acquisition [Member]
Business Acquisition [Line Items]
Business Combination, Acquisition Related Costs			1,200		11,700
Great Western Petroleum, LLC
Business Acquisition [Line Items]
Business Combination, Consideration Transferred	1,432,867	$ 1,400,000
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares		4,007,018
Equity Issued in Business Combination, Fair Value Disclosure		$ 293,314
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities	(30,100)	(30,100)	(30,100)		(30,100)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Receivables	164,026		164,026		164,026
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Other	$ 3,129		$ 3,129		$ 3,129
Great Western Petroleum, LLC | 12% GW Senior note
Business Acquisition [Line Items]
Business Combination, Consideration Transferred		361,231
Great Western Petroleum, LLC | Cash [Member]
Business Acquisition [Line Items]
Business Combination, Consideration Transferred		$ 542,500

Business Combination Schedule o

Business Combination Schedule of consideration, assets, and liabilities (Details) - USD ($) $ / shares in Units, $ in Thousands			3 Months Ended		9 Months Ended
	Sep. 30, 2022	May 06, 2022	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Business Acquisition, Contingent Consideration [Line Items]
(Adjustment to) Gain on bargain purchase	$ 95,652	$ 95,700	$ (4,621)	$ 0	$ 95,652	$ 0
Great Western Petroleum, LLC
Business Acquisition, Contingent Consideration [Line Items]
Business Combination, Consideration Transferred	1,432,867	$ 1,400,000
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares		4,007,018
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	63,183		63,183		63,183
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	7,035		7,035		7,035
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Assets	21,888		21,888		21,888
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets	2,348,704		2,348,704		2,348,704
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	110,940		110,940		110,940
Business Combination, Consideration Transferred, Liabilities Incurred		$ 235,822
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other	18,603		18,603		18,603
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities	30,100	$ 30,100	30,100		30,100
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	23,442		23,442		23,442
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities	32,803		32,803		32,803
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities	820,185		820,185		820,185
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net	1,528,519		1,528,519		1,528,519
Business Acquisition, Share Price		$ 73.20
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable	118,485		118,485		118,485
Great Western Petroleum, LLC | Funds held for distribution
Business Acquisition, Contingent Consideration [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	166,212		166,212		166,212
Great Western Petroleum, LLC | Derivative Financial Instrument Net Assets
Business Acquisition, Contingent Consideration [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	319,600		319,600		319,600
Great Western Petroleum, LLC | Cash [Member]
Business Acquisition, Contingent Consideration [Line Items]
Business Combination, Consideration Transferred		$ 542,500
Great Western Petroleum, LLC | Cash and Cash Equivalents [Member]
Business Acquisition, Contingent Consideration [Line Items]
Business Combination, Consideration Transferred		$ 1,139,553
Proved [Member] | Great Western Petroleum, LLC
Business Acquisition, Contingent Consideration [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	$ 2,089,443		$ 2,089,443		$ 2,089,443

Business Combination Proforma (

Business Combination Proforma (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Business Combinations [Abstract]
Business Acquisition, Pro Forma Revenue	$ 570,736	$ 3,017,856	$ 1,189,724
Business Acquisition, Pro Forma Net Income (Loss)	$ 128,818	$ 1,299,632	$ (8,654)
Business Acquisition, Pro Forma Earnings Per Share, Basic	$ 1.26	$ 12.99	$ (0.08)
Business Acquisition, Pro Forma Earnings Per Share, Diluted	$ 1.24	$ 12.81	$ (0.08)

Revenue Recognition Revenue by

Revenue Recognition Revenue by Commodity and Location (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue from Contract with Customer, Excluding Assessed Tax	$ 1,200,619	$ 703,136	$ 3,320,678	$ 1,704,396
Revenue year over year percentage change [Line Items]	71%		95%
Delaware Basin
Revenue from Contract with Customer, Excluding Assessed Tax	$ 175,403	123,214	$ 542,550	263,992
Revenue year over year percentage change [Line Items]	42%		106%
Wattenberg Field
Revenue from Contract with Customer, Excluding Assessed Tax	$ 1,025,216	579,922	$ 2,778,128	1,440,404
Revenue year over year percentage change [Line Items]	77%		93%
Crude Oil [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 680,714	422,573	$ 1,971,296	1,046,923
Revenue year over year percentage change [Line Items]	61%		88%
Crude Oil [Member] | Wattenberg Field
Revenue from Contract with Customer, Excluding Assessed Tax	$ 577,451	341,822	$ 1,628,524	869,336
Revenue year over year percentage change [Line Items]	69%		87%
Crude Oil [Member] | Delaware Basin
Revenue from Contract with Customer, Excluding Assessed Tax	$ 103,263	80,751	$ 342,772	177,587
Revenue year over year percentage change [Line Items]	28%		93%
Natural Gas [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 319,182	135,470	$ 760,024	326,919
Revenue year over year percentage change [Line Items]	136%		132%
Natural Gas [Member] | Wattenberg Field
Revenue from Contract with Customer, Excluding Assessed Tax	$ 277,098	116,263	$ 658,510	287,949
Revenue year over year percentage change [Line Items]	138%		129%
Natural Gas [Member] | Delaware Basin
Revenue from Contract with Customer, Excluding Assessed Tax	$ 42,084	19,207	$ 101,514	38,970
Revenue year over year percentage change [Line Items]	119%		160%
Natural Gas Liquids [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 200,723	145,093	$ 589,358	330,554
Revenue year over year percentage change [Line Items]	38%		78%
Natural Gas Liquids [Member] | Wattenberg Field
Revenue from Contract with Customer, Excluding Assessed Tax	$ 170,667	121,837	$ 491,094	283,119
Revenue year over year percentage change [Line Items]	40%		73%
Natural Gas Liquids [Member] | Delaware Basin
Revenue from Contract with Customer, Excluding Assessed Tax	$ 30,056	$ 23,256	$ 98,264	$ 47,435
Revenue year over year percentage change [Line Items]	29%		107%

Fair Value Measurements and D_3

Fair Value Measurements and Disclosures (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Assets and Liabilities at Fair Value
Derivative liability, gross	$ 490,094
Fair Value
Assets and Liabilities at Fair Value
Total assets	153,321	$ 33,086
Derivative liability, gross	(490,094)	(400,431)
Fair Value | Current Assets
Assets and Liabilities at Fair Value
Derivative Asset, Not Subject to Master Netting Arrangement	62,246	17,909
Fair Value | Non Current Assets
Assets and Liabilities at Fair Value
Total assets	91,075	15,177
Fair Value | Current Liabilities
Assets and Liabilities at Fair Value
Derivative liability, gross	(389,234)	(304,870)
Fair Value | Non Current Liabilities
Assets and Liabilities at Fair Value
Derivative liability, gross	(100,860)	(95,561)
Fair Value | Significant Other Observable Inputs (Level 2)
Assets and Liabilities at Fair Value
Total assets	107,738	605
Derivative liability, gross	(372,023)	(305,410)
Fair Value | Significant Other Observable Inputs (Level 2) | Current Assets
Assets and Liabilities at Fair Value
Derivative Asset, Not Subject to Master Netting Arrangement	35,577	0
Fair Value | Significant Other Observable Inputs (Level 2) | Non Current Assets
Assets and Liabilities at Fair Value
Total assets	72,161	605
Fair Value | Significant Other Observable Inputs (Level 2) | Current Liabilities
Assets and Liabilities at Fair Value
Derivative liability, gross	(291,427)	(230,695)
Fair Value | Significant Other Observable Inputs (Level 2) | Non Current Liabilities
Assets and Liabilities at Fair Value
Derivative liability, gross	(80,596)	(74,715)
Fair Value | Significant Unobservable Inputs (Level 3)
Assets and Liabilities at Fair Value
Total assets	45,583	32,481
Derivative liability, gross	(118,071)	(95,021)
Fair Value | Significant Unobservable Inputs (Level 3) | Current Assets
Assets and Liabilities at Fair Value
Derivative Asset, Not Subject to Master Netting Arrangement	26,669	17,909
Fair Value | Significant Unobservable Inputs (Level 3) | Non Current Assets
Assets and Liabilities at Fair Value
Total assets	18,914	14,572
Fair Value | Significant Unobservable Inputs (Level 3) | Current Liabilities
Assets and Liabilities at Fair Value
Derivative liability, gross	(97,807)	(74,175)
Fair Value | Significant Unobservable Inputs (Level 3) | Non Current Liabilities
Assets and Liabilities at Fair Value
Derivative liability, gross	$ (20,264)	$ (20,846)

Reconciliation of Level 3 Fair

Reconciliation of Level 3 Fair Value Measurements (Details) - Derivative Financial Instrument Net Assets - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Roll-forward of Level 3 Assets
Fair Value, net assets (liabilities), beginning of period	$ (205,520)	$ (117,985)	$ (62,540)	$ (8,427)
Fair Value, net assets (liabilities), end of period	(72,488)	(158,653)	(72,488)	(158,653)
Commodity Price Risk Management (loss), net
Roll-forward of Level 3 Assets
Changes in fair value included in statement of operations line item:	61,565	(87,036)	(211,363)	(214,556)
Settlements included in statement of operations line items:	71,467	46,368	201,415	64,330
Net change in fair value of unsettled derivatives included in statement of operations line item	$ 67,566	$ (78,786)	$ (54,500)	$ (210,430)

Fair Value Measurements and D_4

Fair Value Measurements and Disclosures of Senior Notes (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 153,321
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	(144,133)
Derivative liability, gross	490,094
6.125% Senior Notes due 2024 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes Payable, Fair Value Disclosure	$ 198,600	$ 202,800
Senior Notes Percent of Par	99.30%	101.40%
5.75% Senior Notes due 2026 [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Notes Payable, Fair Value Disclosure	$ 694,500	$ 775,500
Senior Notes Percent of Par	92.60%	103.40%

Impact of Derivative Instrument

Impact of Derivative Instruments on Statement of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Derivative [Line Items]
Derivative, Gain (Loss) on Derivative, Net	$ (252,826)	$ (129,571)	$ (713,081)	$ (215,357)
Net change in fair value of unsettled derivatives	559,575	(88,107)	349,798	(491,830)
Commodity price risk management gain (loss), net	306,749	(217,678)	(363,283)	(707,187)
Commodity Price Risk Management (loss), net
Derivative [Line Items]
Commodity price risk management gain (loss), net	$ 306,749	$ (217,678)	$ (363,283)	$ (707,187)

Derivative Financial Instrume_3

Derivative Financial Instruments Outstanding Derivative Contracts (Details) MMBTU in Thousands, $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($) MMBTU $ / Unit MBbls
Derivative [Line Items]
Derivative, Fair Value, Net | $	$ (336,773)
Natural Gas [Member] | Collars
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	27,584
Natural Gas [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Fair Value, Net | $	$ (255,881)
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	102,766
Crude Oil [Member] | Collars
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Volume | MBbls	8,130
Crude Oil [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Volume | MBbls	21,996
Derivative, Fair Value, Net | $	$ (94,885)
2022 | Crude Oil [Member] | Collars
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Volume | MBbls	1,368,000
2022 | Crude Oil [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Volume | MBbls	3,426,000
Derivative, Fair Value, Net | $	$ (86,281)
2023 | Crude Oil [Member] | Collars
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Volume | MBbls	5,937,000
2023 | Crude Oil [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Volume | MBbls	9,804,000
Derivative, Fair Value, Net | $	$ (63,132)
2024 | Crude Oil [Member] | Collars
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Volume | MBbls	825,000
2024 | Crude Oil [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Volume | MBbls	6,126,000
Derivative, Fair Value, Net | $	$ 27,532
2025 | Crude Oil [Member] | Collars
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Volume | MBbls	0
2025 | Crude Oil [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Volume | MBbls	2,640,000
Derivative, Fair Value, Net | $	$ 26,996
Natural Gas [Member] | 2022 | Fixed Price Swaps | Basis Protection - CIG [Member]
Derivative [Line Items]
Derivative, Swap Type, Average Fixed Price	(0.27)
Natural Gas [Member] | 2023 | Fixed Price Swaps | CIG [Member]
Derivative [Line Items]
Derivative, Swap Type, Average Fixed Price	(3.39)
Natural Gas [Member] | 2023 | Fixed Price Swaps | Basis Protection - CIG [Member]
Derivative [Line Items]
Derivative, Swap Type, Average Fixed Price	(0.29)
Natural Gas [Member] | 2024 | Fixed Price Swaps | Basis Protection - CIG [Member]
Derivative [Line Items]
Derivative, Swap Type, Average Fixed Price	(0.39)
Natural Gas [Member] | 2025 | Fixed Price Swaps | CIG [Member]
Derivative [Line Items]
Derivative, Swap Type, Average Fixed Price	(3.10)
Natural Gas [Member] | 2025 | Fixed Price Swaps | Basis Protection - CIG [Member]
Derivative [Line Items]
Derivative, Swap Type, Average Fixed Price	(0.37)
Crude Oil [Member] | 2022 | Collars | CME SWAPS MARKETS (NYMEX) [Member]
Derivative [Line Items]
Derivative, Floor Price	53.18
Derivative, Cap Price	67.33
Crude Oil [Member] | 2022 | Fixed Price Swaps | CME SWAPS MARKETS (NYMEX) [Member]
Derivative [Line Items]
Derivative, Swap Type, Average Fixed Price	(58.35)
Crude Oil [Member] | 2023 | Collars | CME SWAPS MARKETS (NYMEX) [Member]
Derivative [Line Items]
Derivative, Floor Price	61.27
Derivative, Cap Price	83.11
Crude Oil [Member] | 2023 | Fixed Price Swaps | CME SWAPS MARKETS (NYMEX) [Member]
Derivative [Line Items]
Derivative, Swap Type, Average Fixed Price	(66.42)
Crude Oil [Member] | 2024 | Collars | CME SWAPS MARKETS (NYMEX) [Member]
Derivative [Line Items]
Derivative, Floor Price	65.91
Derivative, Cap Price	89.58
Crude Oil [Member] | 2024 | Fixed Price Swaps | CME SWAPS MARKETS (NYMEX) [Member]
Derivative [Line Items]
Derivative, Swap Type, Average Fixed Price	(70.59)
Crude Oil [Member] | 2025 | Collars | CME SWAPS MARKETS (NYMEX) [Member]
Derivative [Line Items]
Derivative, Floor Price	0
Derivative, Cap Price	0
Crude Oil [Member] | 2025 | Fixed Price Swaps | CME SWAPS MARKETS (NYMEX) [Member]
Derivative [Line Items]
Derivative, Swap Type, Average Fixed Price	(75.10)
CME SWAPS MARKETS (NYMEX) [Member] | Natural Gas [Member] | Collars
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	27,584
CME SWAPS MARKETS (NYMEX) [Member] | Natural Gas [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Fair Value, Net | $	$ (236,700)
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	89,206
CME SWAPS MARKETS (NYMEX) [Member] | 2023 | Natural Gas [Member] | Collars
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	17,227
CME SWAPS MARKETS (NYMEX) [Member] | 2023 | Natural Gas [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Fair Value, Net | $	$ (125,299)
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	41,825
CME SWAPS MARKETS (NYMEX) [Member] | 2024 | Natural Gas [Member] | Collars
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	0
CME SWAPS MARKETS (NYMEX) [Member] | 2024 | Natural Gas [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Fair Value, Net | $	$ (28,450)
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	26,160
CME SWAPS MARKETS (NYMEX) [Member] | Tax Year 2022 | Natural Gas [Member] | Collars
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	10,357
CME SWAPS MARKETS (NYMEX) [Member] | Tax Year 2022 | Natural Gas [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Fair Value, Net | $	$ (84,559)
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	14,996
CME SWAPS MARKETS (NYMEX) [Member] | 2025 | Natural Gas [Member] | Collars
Derivative [Line Items]
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	0
CME SWAPS MARKETS (NYMEX) [Member] | 2025 | Natural Gas [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Fair Value, Net | $	$ 1,608
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	6,225
CME SWAPS MARKETS (NYMEX) [Member] | Natural Gas [Member] | 2023 | Collars | CME SWAPS MARKETS (NYMEX) [Member]
Derivative [Line Items]
Derivative, Floor Price	3.17
Derivative, Cap Price	4.86
CME SWAPS MARKETS (NYMEX) [Member] | Natural Gas [Member] | 2023 | Fixed Price Swaps | CME SWAPS MARKETS (NYMEX) [Member]
Derivative [Line Items]
Derivative, Swap Type, Average Fixed Price	(3.05)
CME SWAPS MARKETS (NYMEX) [Member] | Natural Gas [Member] | 2024 | Collars | CME SWAPS MARKETS (NYMEX) [Member]
Derivative [Line Items]
Derivative, Floor Price	0
Derivative, Cap Price	0
CME SWAPS MARKETS (NYMEX) [Member] | Natural Gas [Member] | 2024 | Fixed Price Swaps | CME SWAPS MARKETS (NYMEX) [Member]
Derivative [Line Items]
Derivative, Swap Type, Average Fixed Price	(3.54)
CME SWAPS MARKETS (NYMEX) [Member] | Natural Gas [Member] | Tax Year 2022 | Collars | CME SWAPS MARKETS (NYMEX) [Member]
Derivative [Line Items]
Derivative, Floor Price	3.14
Derivative, Cap Price	4.68
CME SWAPS MARKETS (NYMEX) [Member] | Natural Gas [Member] | Tax Year 2022 | Fixed Price Swaps | CME SWAPS MARKETS (NYMEX) [Member]
Derivative [Line Items]
Derivative, Swap Type, Average Fixed Price	(2.95)
CME SWAPS MARKETS (NYMEX) [Member] | Natural Gas [Member] | 2025 | Collars | CME SWAPS MARKETS (NYMEX) [Member]
Derivative [Line Items]
Derivative, Floor Price	0
Derivative, Cap Price	0
CME SWAPS MARKETS (NYMEX) [Member] | Natural Gas [Member] | 2025 | Fixed Price Swaps | CME SWAPS MARKETS (NYMEX) [Member]
Derivative [Line Items]
Derivative, Swap Type, Average Fixed Price	(4.87)
Basis Protection - CIG [Member] | 2022 | Natural Gas [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Fair Value, Net | $	$ 15,258
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	25,215
Basis Protection - CIG [Member] | 2023 | Natural Gas [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Fair Value, Net | $	$ 309
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	57,782
Basis Protection - CIG [Member] | 2024 | Natural Gas [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Fair Value, Net | $	$ (1,350)
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	26,160
Basis Protection - CIG [Member] | 2025 | Natural Gas [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Fair Value, Net | $	$ (224)
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	6,225
Basis Protection Contracts Related to Natural Gas Marketing [Member] | Natural Gas [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Fair Value, Net | $	$ 13,993
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	115,382
CIG [Member] | Natural Gas [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Fair Value, Net | $	$ (19,181)
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	13,560
CIG [Member] | 2023 | Natural Gas [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Fair Value, Net | $	$ (14,470)
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	8,760
CIG [Member] | 2025 | Natural Gas [Member] | Fixed Price Swaps
Derivative [Line Items]
Derivative, Fair Value, Net | $	$ (4,711)
Derivative, Nonmonetary Notional Amount, Energy Measure | MMBTU	4,800

Derivative Financial Instrume_4

Derivative Financial Instruments Impact of Netting Agreements (Details) $ in Thousands	Sep. 30, 2022 USD ($)
Derivative Asset:
Derivative Asset, Fair Value, Gross Asset	$ 153,321
Derivative Asset, Fair Value, Amount Not Offset Against Collateral	(144,133)
Derivative asset, net	9,188
Derivative Liability:
Derivative liability, gross	490,094
Effect of master netting agreements	(144,133)
Derivative liability, net	$ 345,961

Properties and Equipment (Detai

Properties and Equipment (Details) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022 USD ($)	Dec. 31, 2021 USD ($) Wells	Dec. 31, 2020 USD ($)
Property, Plant and Equipment [Line Items]
Document Period End Date	Sep. 30, 2022
Reclassification to Well, Facilities, and Equipment Based on Determination of Proved Reserves		$ (13,361)
Proved Natural Gas and Crude Oil Properties	$ 10,961,408	8,310,018
Unproved Natural Gas and Crude Oil Properties	257,919	306,181
Total Natural Gas and Crude Oil Properties	11,219,327	8,616,199
Equipment and other	69,570	63,099
Land and Buildings	25,406	19,928
Construction in Progress	614,313	371,968
Properties and equipment, at cost	11,928,616	9,071,194
Accumulated DD&A	(4,801,325)	(4,256,329)
Property, Plant and Equipment, Net	7,127,291	4,814,865
Capitalized Exploratory Well Cost, Additions Pending Determination of Proved Reserves		5,902
Capitalized Exploratory Well Costs		$ 0	$ 7,459
Wells to be completed | Wells		0
Capitalized Exploratory Well Costs that Have Been Capitalized for Period Greater than One Year	0
Results of Operations, Dry Hole Costs	$ 11,500

Other Accrued Expense (Details)

Other Accrued Expense (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Schedule of Other Accrued Expense [Line Items]
Asset Retirement Obligation, Current	$ 24,276
Other accrued expenses	102,024	$ 91,409
Current Liabilities
Schedule of Other Accrued Expense [Line Items]
Accrued Employee Benefits, Current	25,945	29,319
Asset Retirement Obligation, Current	24,276	32,146
Accrued Environmental Loss Contingencies, Current	27,387	11,942
Operating and Finance Lease Liability, Current	6,211	7,197
Other Accrued Liabilities	18,205	10,805
Other accrued expenses	$ 102,024	$ 91,409

Other Liabilities (Details)

Other Liabilities (Details) - Non Current Liabilities - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Schedule of Other Liabilities [Line Items]
Production Tax Liability	$ 253,481	$ 131,865
Deferred Midstream gathering credits	150,468	159,788
Operating and Finance Lease Liability, Noncurrent	41,870	6,274
Other Accrued Liabilities	28,791	16,842
Other Accrued Liabilities, Noncurrent	$ 474,610	$ 314,769

Other Accrued Expenses Deferred

Other Accrued Expenses Deferred Midstream Gathering Credits (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Midstream Gas Gathering
Deferred Midstream Gathering Credits [Line Items]
Amortization of Other Deferred Charges	$ 3,361	$ 2,014	$ 7,691	$ 5,343
Midstream Water Gathering
Deferred Midstream Gathering Credits [Line Items]
Amortization of Other Deferred Charges	$ 815	$ 732	$ 2,281	$ 1,817

Accounts Receivable (Details)

Accounts Receivable (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Accounts receivable [Line Items]
Accounts Receivable, after Allowance for Credit Loss, Current	$ 609,440	$ 398,605
Accounts Receivable, Allowance for Credit Loss, Current	(5,502)	(6,055)
joint interest billing
Accounts receivable [Line Items]
Accounts Receivable, before Allowance for Credit Loss	45,087	24,860
Revenue, Segment Benchmark
Accounts receivable [Line Items]
Accounts Receivable, before Allowance for Credit Loss	555,931	368,991
Other Accounts Receivable
Accounts receivable [Line Items]
Accounts Receivable, before Allowance for Credit Loss	$ 13,924	$ 10,809

Schedule of Long-Term Debt (Det

Schedule of Long-Term Debt (Details) - USD ($)	Oct. 31, 2022	Sep. 30, 2022	Dec. 31, 2021	Nov. 02, 2021
Debt Instrument
Unamortized Debt Issuance Expense		$ 6,500,000	$ 7,900,000
Debt, Long-term and Short-term, Combined Amount		1,393,528,000	942,084,000
Line Of Credit Facility Initial Borrowing Capacity		3,000,000,000		$ 2,400,000,000
Elected commitment [Member]
Debt Instrument
Line of Credit Facility, Current Borrowing Capacity		1,500,000,000
Subsequent Event [Member]
Debt Instrument
Line Of Credit Facility Initial Borrowing Capacity	$ 3,500,000,000
Subsequent Event [Member] | Elected commitment [Member]
Debt Instrument
Line of Credit Facility, Current Borrowing Capacity	$ 1,500,000,000
6.125% Senior Notes due 2024 [Member]
Debt Instrument
Senior Notes, Noncurrent		199,041,000	198,674,000
5.75% Senior Notes due 2026 [Member]
Debt Instrument
Senior Notes, Noncurrent		744,487,000	743,410,000
Revolving Credit Facility
Debt Instrument
Revolving credit facility		$ 450,000,000	$ 0

Long-Term Debt Additional Infor

Long-Term Debt Additional Information (Details) - USD ($)	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021	Nov. 02, 2021
Debt Instrument
Line of Credit Facility, Remaining Borrowing Capacity	$ 1,029,600,000
Letters of Credit Outstanding, Amount	20,400,000
Line Of Credit Facility Initial Borrowing Capacity	$ 3,000,000,000		$ 2,400,000,000
6.125% Senior Notes due 2024 [Member]
Debt Instrument
Debt Instrument, Interest Rate, Stated Percentage	6.125%
Debt Instrument, Maturity Date	Sep. 15, 2024
Debt Instrument, Frequency of Periodic Payment	March 15, September 15
Debt Instrument, Redemption Period, End Date	Sep. 15, 2022
5.75% Senior Notes due 2026 [Member]
Debt Instrument
Debt Instrument, Interest Rate, Stated Percentage	5.75%
Debt Instrument, Maturity Date	May 15, 2026
Debt Instrument, Frequency of Periodic Payment	May 15, November 15
Debt Instrument, Redemption Period, End Date	May 15, 2024
Principal amount	$ 750,000,000
6.125% Senior Notes due 2024 [Member]
Debt Instrument
Principal amount	200,000,000
Revolving Credit Facility
Debt Instrument
Debt Issuance Costs, Line of Credit Arrangements, Net	14,400,000	$ 16,900,000
Initial Borrowing Base [Member] | Revolving Credit Facility
Debt Instrument
Line Of Credit Facility Initial Borrowing Capacity	$ 2,500,000,000
Alternate Base Rate Option [Member]
Debt Instrument
Line of Credit Facility, Interest Rate at Period End	1%
LIBOR Option [Member]
Debt Instrument
Line of Credit Facility, Interest Rate at Period End	2%
Unused Commitment Fee [Member]
Debt Instrument
Line of Credit Facility, Interest Rate at Period End	0.375%
Elected commitment [Member]
Debt Instrument
Line of Credit Facility, Current Borrowing Capacity	$ 1,500,000,000

Leases Leases - Narrative (Deta

Leases Leases - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Mar. 31, 2023
Leases [Abstract]
Short-term Lease, Cost	$ 75,000	$ 48,200	$ 230,500	$ 158,400
Total Operating Lease Payments					$ 34,000

Leases Leases - Lease Assets an

Leases Leases - Lease Assets and Liabilities (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Assets and Liabilities, Lessee [Abstract]
Operating lease right-of-use assets	$ 21,662		$ 7,630
Operating lease obligation - current	4,174		5,937
Operating lease obligation - non-current	37,831		4,044
Finance lease right-of-use assets	6,018		3,483
Finance lease obligation - current	2,037		1,260
Finance lease obligation - non-current	$ 4,039		$ 2,230
Operating And Finance Lease, Weighted Average Remaining Lease Term	7 years 8 months 12 days	2 years 9 months 18 days
Operating and Finance Lease, Weighted Average Discount Rate, Percent	5%	4.80%

Asset Retirement Obligations (D

Asset Retirement Obligations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Asset Retirement Obligation, Roll Forward Analysis
Balance at beginning of period			$ 159,672
Obligations incurred with development activities			3,654
Accretion expense	$ 3,484	$ 2,825	9,823	$ 9,185
Asset Retirement Obligation, Revision of Estimate			(284)
Obligations discharged asset retirements			(19,322)
Balance end of period	176,985		176,985
Less current portion	(24,276)		(24,276)
Asset retirement obligations	$ 152,709		152,709		$ 127,526
Great Western Petroleum, LLC
Asset Retirement Obligation, Roll Forward Analysis
Obligations incurred with development activities			$ 23,442

Commitments and Contingencies C

Commitments and Contingencies Commitments and Contigencies (Details) $ in Thousands	May 06, 2022 USD ($)
Great Western Petroleum, LLC
Long-Term Purchase Commitment [Line Items]
Dollar Commitment ($ in thousands)	$ 393,300

Common Stock Common Stock (Deta

Common Stock Common Stock (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended					9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Sep. 30, 2022
Equity [Abstract]
Common Stock, Dividends, Per Share, Declared	$ 0.35	$ 0.35	$ 0.25	$ 0.12	$ 0.12	$ 0.95
Dividends, Common Stock						$ (92,400)

Common Stock Stock Based Compen

Common Stock Stock Based Compensation Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	May 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Payment Arrangement, Expense	$ 7,182	$ 5,779	$ 19,952	$ 17,294
Common Stock, Capital Shares Reserved for Future Issuance					7,050,000
2018 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock shares remain avaliable for issuance	3,834,293		3,834,293
2010 Long-Term Equity Compensation Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock shares remain avaliable for issuance	240,910		240,910

Common Stock Stock Based Comp_2

Common Stock Stock Based Compensation (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Payment Arrangement, Expense	$ 7,182	$ 5,779	$ 19,952	$ 17,294
Stock-based Compensation - G&A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Payment Arrangement, Expense	$ 6,811	$ 5,479	$ 18,731	$ 16,420

Common Stock COMMON STOCK Restr

Common Stock COMMON STOCK Restricted Stock - Time Based Awards (Details) - Restricted stock - USD ($) $ / shares in Units, $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number	933,719		1,165,187
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 41.53		$ 25.33
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Granted	355,539
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 70.28	$ 33.48
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	545,752
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value	$ 25.80
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	41,255
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value	$ 40.02
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 29,500
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition	1 year 7 months 6 days
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested in Period, Fair Value	$ 14,100	$ 13,300

Common Stock COMMON STOCK Res_2

Common Stock COMMON STOCK Restricted Stock - Market Based Awards (Details) - USD ($) $ / shares in Units, $ in Millions	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Feb. 17, 2022	Dec. 31, 2021	Jan. 14, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock Repurchase Program, Authorized Amount			$ 1,250		$ 525
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance Shares Payout Range	0%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance Shares Payout Range	250%
Restricted Stock - Market Based Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term	2 years 10 months 24 days	3 years
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	1.70%	0.20%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	86.30%	84.60%
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number	541,327			439,229
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 55.40			$ 43.21
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 107.85	$ 54.01
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 14.2
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition	1 year
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Granted	102,098
Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number	933,719			1,165,187
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 41.53			$ 25.33
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 70.28	$ 33.48
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 29.5
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition	1 year 7 months 6 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	545,752
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value	$ 25.80
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	(41,255)
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Granted	355,539
Restricted Stock - Market Based Awards multiplier
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 43.10
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	241,183
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value	$ 43.10
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Granted	241,183

Common Stock COMMON STOCK Stock

Common Stock COMMON STOCK Stock Appreciation Rights (Details) - USD ($) $ / shares in Units, $ in Millions	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Restricted Stock - Market Based Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number	541,327		439,229
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 14.2
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition	1 year
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 55.40		$ 43.21
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Granted	102,098
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 107.85	$ 54.01
Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding, Number	933,719		1,165,187
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount	$ 29.5
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition	1 year 7 months 6 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 41.53		$ 25.33
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Granted	355,539
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 70.28	$ 33.48
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period	545,752
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value	$ 25.80
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	41,255

Common Stock Preferred Stock (D

Common Stock Preferred Stock (Details) - $ / shares	Sep. 30, 2022	Jun. 23, 2008
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred stock, par value		$ 0.01
Preferred Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred Stock, Shares Authorized		50,000,000
Preferred Stock, Shares Issued	0

Common Stock Stock Repurchase (

Common Stock Stock Repurchase (Details) - USD ($)	3 Months Ended						9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Feb. 17, 2022	Dec. 31, 2021	Jan. 14, 2020
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Authorized Amount									$ 1,250,000,000		$ 525,000,000
Payments for Repurchase of Common Stock							$ 556,035,000	$ 107,318,000
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Payments for Repurchase of Common Stock							$ 556,035,000	$ 107,318,000
Common Stock, Dividends, Per Share, Declared	$ 0.35	$ 0.35	$ 0.25	$ 0.12	$ 0.12		$ 0.95
Treasury Stock, Common [Member]
Equity, Class of Treasury Stock [Line Items]
Stock Repurchased During Period, Shares	4,205,000	2,966,000	1,326,000	1,476,000	661,000	598,000	8,500,000	2,700,000
Payments for Repurchase of Common Stock							$ (561,200,000)	$ (108,300,000)
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Payments for Repurchase of Common Stock							(561,200,000)	$ (108,300,000)
Treasury Stock remaining to be repurchased	$ 716,900,000						716,900,000			$ 187,300,000
Treasury Stock remaining to be repurchased	$ 716,900,000						$ 716,900,000			$ 187,300,000

Stock-based compensation compos

Stock-based compensation composition (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based Payment Arrangement, Expense	$ 7,182	$ 5,779	$ 19,952	$ 17,294
Stock-based Compensation - G&A
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based Payment Arrangement, Expense	6,811	5,479	18,731	16,420
Stock-based Compensation - LOE
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share-based Payment Arrangement, Expense	$ 371	$ 300	$ 1,221	$ 874

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands			3 Months Ended		9 Months Ended
	Sep. 30, 2022	May 06, 2022	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Operating Loss Carryforwards [Line Items]
Deferred Tax Assets, Valuation Allowance	$ 11,600		$ 11,600		$ 11,600
Unrecognized Tax Benefits	0		0		0
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount			22,500		45,000
(Adjustment to) Gain on bargain purchase	$ 95,652	$ 95,700	$ (4,621)	$ 0	$ 95,652	$ 0
Effective Income Tax Rate, Continuing Operations			22.20%	0.10%	21.20%	0.20%

Earnings Per Share (Details)

Earnings Per Share (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Reconciliation of Weighted-Average Diluted Shares Outstanding
Weighted Average Number of Shares Outstanding, Basic	94,950	98,183	96,065	99,018
Weighted Average Number of Shares Outstanding, Diluted	96,122	99,966	97,467	100,534
Anti-dilutive Effect
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	382	103	224	168
Restricted stock
Reconciliation of Weighted-Average Diluted Shares Outstanding
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	1,152	1,777	1,376	1,505
Anti-dilutive Effect
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	350	6	192	37
Stock Appreciation Rights (SARs)
Reconciliation of Weighted-Average Diluted Shares Outstanding
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements	20	6	26	11
Anti-dilutive Effect
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	32	97	32	131

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details) - USD ($) shares in Thousands, $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Interest, net of capitalized interest	$ 36,055	$ 41,880
Income taxes	157	(1,057)
Change in accounts payable related to capital expenditures	(10,280)	21,216
Asset Retirement Obligation, Period Increase (Decrease)	$ 551	$ (1,538)
Noncash or Part Noncash Acquisition, Noncash Financial or Equity Instrument Consideration, Shares Issued	293,314	0
Operating Lease, Payments	$ 5,752	$ 5,848
Operating Cash Flow from Financing Leases	74	77
Finance Lease, Principal Payments	1,491	1,293
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	18,548	1,189
Right-of-Use Asset Obtained in Exchange for Finance Lease Liability	4,157	2,055
Cash and cash equivalents	45,649	99,922	$ 33,829
Restricted Cash and Cash Equivalents	8,130	0
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	53,779	$ 99,922	$ 33,829	$ 2,623
Great Western Petroleum, LLC
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	$ 3,100