v3.21.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Total revenues $ 125,647 $ 124,128
Operating costs and expenses:    
Lease operating expenses 42,357 54,775
Production taxes 1,996 916
Gathering and transportation 4,319 5,449
Depreciation, depletion, amortization and accretion 26,637 39,126
General and administrative expenses 10,712 13,963
Derivative loss (gain) 24,578 (61,912)
Total costs and expenses 110,599 52,317
Operating income 15,048 71,811
Interest expense, net 15,034 17,110
Gain on debt transactions 0 (18,501)
Other expense, net 963 723
(Loss) income before income tax (benefit) expense (949) 72,479
Income tax (benefit) expense (203) 6,499
Net (loss) income $ (746) $ 65,980
Basic and diluted (loss) earnings per common share (in dollars per share) $ (0.01) $ 0.46
Oil and Condensate [Member]    
Revenues:    
Total revenues $ 78,140 $ 84,650
Natural Gas Liquids [Member]    
Revenues:    
Total revenues 9,359 6,452
Natural Gas, Production [Member]    
Revenues:    
Total revenues 36,209 29,300
Product and Service, Other [Member]    
Revenues:    
Total revenues $ 1,939 $ 3,726

Source