v3.21.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Total revenues $ 133,946 $ 72,517 $ 392,421 $ 251,886
Operating costs and expenses:        
Lease operating expenses 39,490 36,437 129,399 119,525
Production taxes 2,600 1,266 6,552 3,325
Gathering and transportation 3,993 3,560 13,135 12,310
Depreciation, depletion, amortization and accretion 26,291 25,127 83,879 93,736
General and administrative expenses 13,391 14,476 38,090 34,067
Derivative loss (gain) 73,137 11,161 179,156 (35,337)
Total costs and expenses 158,902 92,027 450,211 227,626
Operating (loss) income (24,956) (19,510) (57,790) 24,260
Interest expense, net 18,910 14,135 50,474 46,061
Gain on debt transactions 0 0 0 (47,469)
Other expense, net   751 964 2,225
(Loss) income before income taxes (43,866) (34,396) (109,228) 23,443
Income tax benefit (5,902) (21,057) (18,846) (23,294)
Net (loss) income $ (37,964) $ (13,339) $ (90,382) $ 46,737
Basic and diluted (loss) earnings per common share (in dollars per share) $ (0.27) $ (0.09) $ (0.64) $ 0.33
Oil and Condensate [Member]        
Revenues:        
Total revenues $ 74,265 $ 46,589 $ 240,418 $ 161,884
Natural Gas Liquids [Member]        
Revenues:        
Total revenues 12,205 4,464 30,397 12,833
Natural Gas, Production [Member]        
Revenues:        
Total revenues 45,137 19,213 113,816 69,877
Product and Service, Other [Member]        
Revenues:        
Total revenues $ 2,339 $ 2,251 $ 7,790 $ 7,292

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