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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Total oil and gas sales $ 1,850,730 $ 858,195 $ 768,689
Operating expenses:      
Production and ad valorem taxes 49,141 36,967 35,702
Gathering and transportation 130,940 106,582 71,303
Lease operating 103,467 102,452 80,762
Depreciation, depletion and amortization 469,388 417,112 276,526
General and administrative, net 34,943 32,040 29,244
Exploration 0 27 241
Loss (gain) on sale of assets 162,077 (17) 25
Total operating expenses 949,956 695,163 493,803
Operating income 900,774 163,032 274,886
Other income (expenses):      
Gain (loss) from derivative financial instruments (560,648) 9,951 51,735
Other income 636 1,080 622
Interest expense (218,485) (234,829) (161,541)
Loss on early extinguishment of debt (352,599) (861) 0
Transaction costs 0 0 (41,010)
Total other expenses (1,131,096) (224,659) (150,194)
Income (loss) before income taxes (230,322) (61,627) 124,692
Benefit from (provision for) income taxes (11,403) 9,210 (27,803)
Net income (loss) (241,725) (52,417) 96,889
Preferred stock dividends and accretion (17,500) (30,996) (22,415)
Net income (loss) available to common stockholders $ (259,225) $ (83,413) $ 74,474
Basic (in dollars per share) $ (1.12) $ (0.39) $ 0.52
Diluted (in dollars per share) $ (1.12) $ (0.39) $ 0.52
Weighted average shares outstanding:      
Basic (in shares) 231,633 215,194 142,750
Diluted (in shares) 231,633 215,194 187,378
Natural gas sales      
Revenues:      
Total oil and gas sales $ 1,775,768 $ 809,399 $ 635,795
Oil sales      
Revenues:      
Total oil and gas sales $ 74,962 $ 48,796 $ 132,894