Revenue: As of FY2025 Q2, the actual value is USD 1.181 B.

EPS: As of FY2025 Q2, the actual value is USD -6.77.

Segment Revenue

• Crude Oil Revenues: $878.9 million in 2Q25, compared to $956.1 million in 1Q25 and $848.1 million in 2Q24.
• NGL Revenues: $28.6 million in 2Q25, compared to $61.3 million in 1Q25 and $36.8 million in 2Q24.
• Natural Gas Revenues: $42.8 million in 2Q25, compared to $85.9 million in 1Q25 and $17.8 million in 2Q24.
• Total Oil, NGL, and Natural Gas Revenues: $950.3 million in 2Q25, compared to $1,103.3 million in 1Q25 and $902.7 million in 2Q24.

Operational Metrics

• Net Income (Loss): - $389.9 million in 2Q25, compared to $213.4 million in 1Q25 and $412.7 million in 2Q24.
• Adjusted Net Income: $103.2 million in 2Q25, compared to $240.9 million in 1Q25 and $234.9 million in 2Q24.
• Adjusted EBITDA: $547.2 million in 2Q25, compared to $695.5 million in 1Q25 and $567.9 million in 2Q24.
• Adjusted Free Cash Flow: $140.8 million in 2Q25, compared to $290.5 million in 1Q25 and $216.1 million in 2Q24.
• Earnings (Loss) Per Share: - $6.77 per diluted share in 2Q25, compared to $3.66 per diluted share in 1Q25 and $4.25 per diluted share in 2Q24.
• Adjusted Diluted Earnings Per Share: $1.79 in 2Q25, compared to $4.04 in 1Q25 and $4.69 in 2Q24.

Cash Flow

• Net Cash Provided by Operating Activities: $419.8 million in 2Q25, compared to $656.9 million in 1Q25 and $460.9 million in 2Q24.
• Free Cash Flow: $140.8 million in 2Q25, compared to $290.5 million in 1Q25 and $216.1 million in 2Q24.

Unique Metrics

• Production Volumes: 156.7 MBopd (281.9 MBoepd) in 2Q25, compared to 153.7 MBopd (270.9 MBoepd) in 1Q25 and 118.1 MBopd (207.2 MBoepd) in 2Q24.
• CapEx: E&P and other CapEx of $355.6 million in 2Q25, compared to $355.4 million in 1Q25 and $711.0 million in 1H25.
• Goodwill Impairment: Recognized a non-cash impairment charge of $539.3 million in 2Q25.

Outlook / Guidance

• FY25 Oil Production Guidance: Raised by +500 Bopd.
• Capital Expenditures: Reduced by - $20 million at the midpoint of guidance.
• Adjusted Free Cash Flow: Expected to improve by ~20% and Adjusted FCF per share by ~25% compared to the February outlook.