v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Total revenues $ 266,485 $ 133,946 $ 731,297 $ 392,421
Operating expenses:        
Lease operating expenses 59,010 39,490 155,397 129,399
Gathering, transportation and production taxes 12,199 6,593 26,647 19,687
Depreciation, depletion, and amortization 27,493 20,818 79,848 66,511
Asset retirement obligations accretion 6,620 5,473 19,536 17,368
General and administrative expenses 23,047 13,391 51,790 38,090
Total operating expenses 128,369 85,765 333,218 271,055
Operating income 138,116 48,181 398,079 121,366
Interest expense, net 16,849 18,910 54,915 50,474
Derivative loss 38,749 73,137 109,892 179,156
Other (income) expense, net (600)   (1,229) 964
Income (loss) before income taxes 83,118 (43,866) 234,501 (109,228)
Income tax expense (benefit) 16,397 (5,902) 46,801 (18,846)
Net income (loss) $ 66,721 $ (37,964) $ 187,700 $ (90,382)
Net income (loss) per common share:        
Basic $ 0.46 $ (0.27) $ 1.30 $ (0.64)
Diluted $ 0.46 $ (0.27) $ 1.30 $ (0.64)
Weighted average common shares outstanding        
Basic 143,116 142,297 143,026 142,231
Diluted 145,882 142,297 144,696 142,231
Oil and Condensate [Member]        
Revenues:        
Total revenues $ 130,560 $ 74,265 $ 412,526 $ 240,418
Natural Gas Liquids [Member]        
Revenues:        
Total revenues 16,875 12,205 47,430 30,397
Natural Gas, Production [Member]        
Revenues:        
Total revenues 113,673 45,137 257,452 113,816
Product and Service, Other [Member]        
Revenues:        
Total revenues $ 5,377 $ 2,339 $ 13,889 $ 7,790

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