Income Statement

v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income tax benefit (expense) $ 0  
Net income (loss) 28,407  
Weighted average shares outstanding – basic   85,941
Successor [Member]    
Operating income (loss) 11,929  
Reorganization items, net 28,407  
Net income (loss) 28,407  
Preferred stock dividends 0  
Net income (loss) attributable to common shareholders $ 28,407  
Weighted average shares outstanding – basic 14,992  
Weighted average shares outstanding – diluted 15,126  
Revenues    
Crude oil $ 30,073  
Natural gas liquids 2,302  
Natural gas 2,343  
Gain (loss) on sales of property and equipment, net 65  
Other, net 602  
Total revenues 35,385  
Operating expenses    
Lease operating 4,989  
Gathering, processing and transportation 2,551  
Production and ad valorem taxes 1,979  
General and administrative 4,127  
Exploration 0  
Depreciation, depletion and amortization 9,810  
Total operating expenses 23,456  
Other income (expense)    
Interest expense (538)  
Derivatives 17,016  
Other, net $ 0  
Net income (loss) per share:    
Basic (in dollars per share) $ 1.89  
Diluted (in dollars per share) $ 1.88  
Predecessor [Member]    
Operating income (loss)   $ (12,507)
Reorganization items, net   (33,473)
Income tax benefit (expense)   0
Net income (loss)   (33,473)
Preferred stock dividends   (3,152)
Net income (loss) attributable to common shareholders   $ (36,625)
Weighted average shares outstanding – basic   85,941
Weighted average shares outstanding – diluted   85,941
Revenues    
Crude oil   $ 25,966
Natural gas liquids   1,953
Natural gas   2,402
Gain (loss) on sales of property and equipment, net   (153)
Other, net   329
Total revenues   30,497
Operating expenses    
Lease operating   6,192
Gathering, processing and transportation   3,818
Production and ad valorem taxes   753
General and administrative   17,102
Exploration   1,327
Depreciation, depletion and amortization   13,812
Total operating expenses   43,004
Other income (expense)    
Interest expense   (24,434)
Derivatives   4,492
Other, net   $ (1,024)
Net income (loss) per share:    
Basic (in dollars per share)   $ (0.43)
Diluted (in dollars per share)   $ (0.43)

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