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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Total revenues $ 254,258 $ 168,882 $ 114,976
Expenses      
Lease operating expenses 41,286 35,999 43,431
Production, ad valorem, and other taxes 15,880 9,918 9,634
Depreciation and depletion—oil and natural gas 11,542 9,372 50,349
Depreciation and amortization—other 6,342 6,073 7,736
Impairment 0 0 256,399
General and administrative 9,449 9,675 15,327
Restructuring expenses 382 792 2,733
Employee termination benefits 0 49 8,433
(Gain) loss on derivative contracts (5,975) 2,251 (5,765)
Gain on sale of assets 0 (18,952) (100)
Other operating (income) expense (99) (382) 306
Total expenses 78,807 54,795 388,483
Income (loss) from operations 175,451 114,087 (273,507)
Other (expense) income      
Interest income (expense), net 1,810 (404) (1,998)
Other income (expense), net 378 3,055 (2,494)
Total other income (expense) 2,188 2,651 (4,492)
Income (loss) before income taxes 177,639 116,738 (277,999)
Income tax (benefit) (64,529) 0 (646)
Net income (loss) $ 242,168 $ 116,738 $ (277,353)
Net income (loss) per share      
Basic (in dollars per share) $ 6.59 $ 3.21 $ (7.77)
Diluted (in dollars per share) $ 6.52 $ 3.13 $ (7.77)
Weighted average number of common shares outstanding      
Basic (in shares) 36,745,000 36,393,000 35,689,000
Diluted (in shares) 37,154,000 37,271,000 35,689,000
Oil, natural gas and NGL      
Revenues      
Total revenues $ 254,258 $ 168,882 $ 114,450
Other      
Revenues      
Total revenues $ 0 $ 0 $ 526