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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Operating revenues        
Oil and gas sales $ 229,130 $ 234,880 $ 687,938 $ 668,541
Operating expenses        
Lease operating expenses 42,330 23,706 107,077 59,164
Severance and ad valorem taxes 12,213 14,410 45,519 42,791
Gathering, processing and transportation expenses 20,853 16,090 52,120 45,214
Depreciation, depletion and amortization 112,720 83,423 321,392 224,379
Impairment and abandonment expense 6,745 8,612 42,427 10,396
Exploration expense 2,869 2,712 9,246 8,026
General and administrative expenses 20,036 16,561 56,589 44,667
Total operating expenses 217,766 165,514 634,370 434,637
Gain (Loss) on Disposition of Property Plant Equipment (22) 52 (15) (74)
Income from operations 11,342 69,418 53,553 233,830
Other income (expense)        
Interest expense (15,246) (6,534) (39,843) (18,138)
Net gain (loss) on derivative instruments 1,522 (9,571) (2,221) 14,969
Other income (expense) 62 13 321 (4)
Total other income (expense) (13,662) (16,092) (41,743) (3,173)
Income (loss) before income taxes (2,320) 53,326 11,810 230,657
Income tax expense (1,393) (11,652) (5,058) (50,729)
Net income (loss) (3,713) 41,674 6,752 179,928
Less: Net income (loss) attributable to noncontrolling interest (128) 2,386 572 11,009
Net income (loss) attributable to Class A Common Stock $ (3,585) $ 39,288 $ 6,180 $ 168,919
Income (loss) per share of Class A Common Stock:        
Basic (USD per share) $ (0.01) $ 0.15 $ 0.02 $ 0.64
Diluted (USD per share) $ (0.01) $ 0.15 $ 0.02 $ 0.63