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, 2021
Mar. 31, 2020
Revenues    
Total revenues $ 88,555 $ 91,379
Operating expenses    
Lease operating 8,825 10,532
Gathering, processing and transportation 4,674 5,444
Production and ad valorem taxes 5,513 6,154
General and administrative 13,177 7,230
Depreciation, depletion and amortization 23,884 40,718
Impairments of oil and gas properties 1,811 0
Total operating expenses 57,884 70,078
Operating income (loss) 30,671 21,301
Other income (expense)    
Interest expense (5,397) (8,180)
Gain (Loss) on Extinguishment of Debt (1,231) 0
Derivatives (44,368) 151,119
Other, net (6) (8)
Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax (20,331) 164,232
Income tax benefit (expense) 310 (1,138)
Net income (loss) (20,021) 163,094
Net loss attributable to Noncontrolling interest 6,449 0
Net income (loss) attributable to common shareholders $ (13,572) $ 163,094
Net income (loss) per share:    
Basic (in dollars per share) $ (0.89) $ 10.76
Diluted (in dollars per share) $ (0.89) $ 10.76
Weighted average shares outstanding – basic (in shares) 15,263 15,152
Weighted average shares outstanding – diluted (in shares) 15,263 15,160
Oil and Gas, Exploration and Production [Member]    
Revenues    
Revenues and other $ 81,913 $ 86,308
Oil and Condensate [Member]    
Revenues    
Revenues and other 3,562 1,893
Natural Gas, Production [Member]    
Revenues    
Revenues and other 2,833 2,690
Product and Service, Other [Member]    
Revenues    
Revenues and other $ 247 $ 488