Income Statement

v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - unaudited - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Gain on sales of assets, net $ 6 $ 25
Total revenues 91,379 105,228
Operating expenses    
Lease operating 10,532 11,004
Gathering, processing and transportation 5,444 3,929
Production and ad valorem taxes 6,154 5,692
General and administrative 7,230 7,065
Depreciation, depletion and amortization 40,718 38,870
Total operating expenses 70,078 66,560
Operating income (loss) 21,301 38,668
Other income (expense)    
Interest expense (8,180) (9,478)
Derivatives 151,119 (68,017)
Other, net (8) 106
Income (loss) before income taxes 164,232 (38,721)
Income tax benefit (expense) (1,138) 24
Net income (loss) attributable to common shareholders $ 163,094 $ (38,697)
Net income (loss) per share:    
Basic (in dollars per share) $ 10.76 $ (2.56)
Diluted (in dollars per share) $ 10.76 $ (2.56)
Weighted average shares outstanding – basic (in shares) 15,152 15,098
Weighted average shares outstanding – diluted (in shares) 15,160 15,098
Oil and Gas, Exploration and Production [Member]    
Revenues    
Revenues $ (86,308) $ (94,812)
Oil and Condensate [Member]    
Revenues    
Revenues (1,893) (5,548)
Natural Gas, Production [Member]    
Revenues    
Revenues (2,690) (4,277)
Product and Service, Other [Member]    
Revenues    
Revenues $ (482) $ (566)

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