XML 15 R4.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Revenues        
Total revenues $ 21,024 $ 33,676 $ 41,625 $ 73,473
Operating costs        
Lease operating costs 12,358 15,041 24,241 34,157
Depletion, depreciation, and accretion 4,598 3,458 8,860 7,056
General and administrative expenses 2,502 2,581 5,105 5,053
Total operating costs 19,458 21,080 38,206 46,266
Income (loss) from operations 1,566 12,596 3,419 27,207
Other income (expense)        
Net gain (loss) on derivative contracts   846   243
Interest and other income 104 7 220 13
Interest expense (34) (129) (66) (372)
Income (loss) before income taxes 1,636 13,320 3,573 27,091
Income tax (expense) benefit (554) (2,933) (1,017) (5,997)
Net income (loss) $ 1,082 $ 10,387 $ 2,556 $ 21,094
Net income (loss) per common share:        
Basic (in dollars per share) $ 0.03 $ 0.31 $ 0.08 $ 0.63
Diluted (in dollars per share) $ 0.03 $ 0.31 $ 0.08 $ 0.62
Weighted average number of common shares outstanding:        
Basic (in shares) 32,693 33,174 32,676 33,154
Diluted (in shares) 32,900 33,394 32,940 33,356
Crude oil        
Revenues        
Total revenues $ 11,759 $ 13,100 $ 24,375 $ 28,263
Natural gas liquids        
Revenues        
Total revenues 2,734 3,206 5,167 7,992
Natural gas        
Revenues        
Total revenues $ 6,531 $ 17,370 $ 12,083 $ 37,218