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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Interest and other income, net $ 15 $ 113 $ 172 $ 324
Gain on derivative instruments, net 0 0 0 414
Gain on disposition of assets, net 2,775 2,102 3,411 8,206
Total revenues 69,455 37,575 177,270 96,109
Costs and expenses:        
Oil and gas production 12,878 7,898 34,424 21,171
Production and ad valorem taxes 2,650 1,445 9,301 5,308
Field service 3,103 3,166 8,376 9,700
Depreciation, depletion and amortization 18,231 8,924 45,845 22,857
Accretion of discount on asset retirement obligations 172 183 514 550
General and administrative 3,943 2,714 10,863 8,086
Interest 414 133 865 428
Total costs and expenses 41,391 24,463 110,188 68,100
Income before income taxes 28,064 13,112 67,082 28,009
Income tax provision 5,988 2,392 13,955 5,789
Net income attributable to common stockholders $ 22,076 $ 10,720 $ 53,127 $ 22,220
Basic (in dollars per share) $ 12.63 $ 5.84 $ 29.88 $ 11.95
Diluted (in dollars per share) $ 8.8 $ 4.13 $ 20.93 $ 8.49
Weighted average shares outstanding:        
Basic (in shares) 1,747,727 1,834,709 1,778,224 1,859,084
Diluted (in shares) 2,508,631 2,593,924 2,538,268 2,617,758
Oil Sales [Member]        
Revenues:        
Revenues $ 56,194 $ 26,402 $ 145,727 $ 61,948
Natural Gas, Production [Member]        
Revenues:        
Revenues 638 2,472 2,078 5,452
Natural Gas Liquids (NGL) [Member]        
Revenues:        
Revenues 7,176 3,149 16,915 8,323
Oil and Gas Service [Member]        
Revenues:        
Revenues $ 2,657 $ 3,337 $ 8,967 $ 11,442