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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues:        
Interest and other income, net $ 19 $ 59 $ 157 $ 211
Gain on derivative instruments, net 0 0 0 414
Gain on disposition of assets, net 205 6,053 636 6,104
Total revenues 64,825 35,719 107,815 58,534
Costs and expenses:        
Oil and gas production 12,416 7,718 21,546 13,273
Production and ad valorem taxes 3,698 1,444 6,651 3,863
Field service 2,472 3,367 5,273 6,534
Depreciation, depletion and amortization 17,294 7,511 27,614 13,933
Accretion of discount on asset retirement obligations 171 184 342 367
General and administrative 3,863 2,270 6,920 5,372
Interest 236 113 451 295
Total costs and expenses 40,150 22,607 68,797 43,637
Income before income taxes 24,675 13,112 39,018 14,897
Income tax provision 4,943 3,022 7,967 3,397
Net income attributable to common stockholders $ 19,732 $ 10,090 $ 31,051 $ 11,500
Basic (in dollars per share) $ 11.08 $ 5.35 $ 17.31 $ 6.14
Diluted (in dollars per share) $ 7.77 $ 3.82 $ 12.16 $ 4.37
Basic (in shares) 1,780,593 1,885,684 1,793,640 1,871,474
Diluted (in shares) 2,540,322 2,643,952 2,553,147 2,629,771
Oil Sales [Member]        
Revenues:        
Revenues $ 56,234 $ 20,968 $ 89,533 $ 35,546
Natural Gas, Production [Member]        
Revenues:        
Revenues 82 1,228 1,440 2,980
Natural Gas Liquids (NGL) [Member]        
Revenues:        
Revenues 5,374 2,780 9,739 5,174
Oil and Gas Service [Member]        
Revenues:        
Revenues $ 2,911 $ 4,631 $ 6,310 $ 8,105