Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues    
Gain on sales of assets, net $ 25 $ 75
Total revenues 105,228 77,211
Operating expenses    
Lease operating 11,004 7,296
Gathering, processing and transportation 3,929 3,359
Production and ad valorem taxes 5,692 4,092
General and administrative 7,065 6,471
Depreciation, depletion and amortization 38,870 22,081
Total operating expenses 66,560 43,299
Operating income (loss) 38,668 33,912
Other income (expense)    
Interest expense (9,478) (4,601)
Derivatives (68,017) (18,795)
Other, net 106 (58)
Income (loss) before income taxes (38,721) 10,458
Income tax benefit (expense) 24 (163)
Net income (loss) attributable to common shareholders $ (38,697) $ 10,295
Net income (loss) per share:    
Basic (in dollars per share) $ (2.56) $ 0.68
Diluted (in dollars per share) $ (2.56) $ 0.68
Weighted average shares outstanding – basic (in shares) 15,098 15,042
Weighted average shares outstanding – diluted (in shares) 15,098 15,081
Oil and Gas, Exploration and Production [Member]    
Revenues    
Revenues $ 94,812 $ 71,258
Oil and Condensate [Member]    
Revenues    
Revenues 5,548 2,946
Natural Gas, Production [Member]    
Revenues    
Revenues 4,277 2,790
Product and Service, Other [Member]    
Revenues    
Revenues $ 566 $ 142