Income Statement

v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues        
Gain on sales of assets, net $ 2 $ 9 $ 81 $ (60)
Total revenues 127,185 34,459 315,976 105,727
Operating expenses        
Lease operating 9,898 5,254 25,924 15,540
Gathering, processing and transportation 4,928 2,399 12,861 7,505
Production and ad valorem taxes 7,152 1,668 17,039 5,766
General and administrative 6,155 6,932 17,948 14,741
Depreciation, depletion and amortization 35,016 10,659 88,370 31,545
Total operating expenses 63,149 26,912 162,142 75,097
Operating income (loss) 64,036 7,547 153,834 30,630
Other income (expense)        
Interest expense (7,322) (1,202) (18,073) (3,014)
Derivatives (40,689) (12,275) (111,725) 15,802
Other, net 241 (17) 167 45
Income (loss) before income taxes 16,266 (5,947) 24,203 43,463
Income tax benefit (expense) 10 0 (153) 0
Net income (loss) attributable to common shareholders $ 16,276 $ (5,947) $ 24,050 $ 43,463
Net income (loss) per share:        
Basic (in dollars per share) $ 1.08 $ (0.40) $ 1.60 $ 2.90
Diluted (in dollars per share) $ 1.06 $ (0.40) $ 1.57 $ 2.89
Weighted average shares outstanding – basic (in shares) 15,062 14,994 15,054 14,993
Weighted average shares outstanding – diluted (in shares) 15,344 14,994 15,278 15,062
Oil and Gas, Exploration and Production [Member]        
Revenues        
Revenues $ 117,059 $ 29,963 $ 290,033 $ 92,387
Oil and Condensate [Member]        
Revenues        
Revenues 5,976 2,393 14,455 6,738
Natural Gas, Production [Member]        
Revenues        
Revenues 3,768 1,977 10,470 6,200
Product and Service, Other [Member]        
Revenues        
Revenues $ 380 $ 117 $ 937 $ 462

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