Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Operations

v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Total revenues $ 150,019 $ 129,867
Operating expenses:    
Lease operating expenses 66,114 71,012
Gathering, transportation and production taxes 8,654 5,659
Depreciation, depletion, and amortization 27,265 32,891
Asset retirement obligations accretion 8,517 8,392
General and administrative expenses 24,833 20,157
Total operating expenses 135,383 138,111
Operating income (loss) 14,636 (8,244)
Interest expense, net 9,186 9,492
Loss on extinguishment of debt   15,015
Derivative loss, net 24,513 2,757
Other expense (income), net 831 (316)
Loss before income taxes (19,894) (35,192)
Income tax expense (benefit) 2,636 (4,615)
Net loss $ (22,530) $ (30,577)
Net loss per common share:    
Net loss per common share - Basic (in dollars per share) $ (0.15) $ (0.21)
Net loss per common share - Diluted (in dollars per share) $ (0.15) $ (0.21)
Weighted average common shares outstanding    
Weighted average common shares outstanding - basic (in shares) 148,778 147,598
Weighted average common shares outstanding - diluted (in shares) 148,778 147,598
Oil    
Revenues:    
Total revenues $ 90,103 $ 87,716
NGLs    
Revenues:    
Total revenues 6,911 4,772
Natural gas    
Revenues:    
Total revenues 49,887 35,109
Other    
Revenues:    
Total revenues $ 3,118 $ 2,270