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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales $ 98,706 $ 80,504 $ 281,404 $ 199,873
Other 443 312 858 827
Total operating revenues 99,149 80,816 282,262 200,700
Production:        
Lease operating 12,265 11,979 35,698 31,615
Workover and other 2,559 990 4,807 2,317
Taxes other than income 5,613 3,082 15,936 9,186
Gathering and other 16,663 15,934 47,787 43,436
General and administrative 4,498 4,491 14,071 13,349
Depletion, depreciation and accretion 13,615 10,885 36,436 32,729
Total operating expenses 55,213 47,361 154,735 132,632
Income (loss) from operations 43,936 33,455 127,527 68,068
Other income (expenses):        
Net gain (loss) on derivative contracts 67,634 (20,571) (88,134) (119,371)
Interest expense and other (5,682) (1,900) (13,202) (5,017)
Gain (loss) on extinguishment of debt   2,068   2,068
Total other income (expenses) 61,952 (20,403) (101,336) (122,320)
Income (loss) before income taxes 105,888 13,052 26,191 (54,252)
Income tax benefit (provision)
Net income (loss) $ 105,888 $ 13,052 $ 26,191 $ (54,252)
Net income (loss) per share of common stock:        
Basic (in dollars per share) $ 6.48 $ 0.80 $ 1.60 $ (3.34)
Diluted (in dollars per share) $ 6.42 $ 0.79 $ 1.59 $ (3.34)
Weighted average common shares outstanding:        
Basic (in shares) 16,340 16,270 16,327 16,257
Diluted (in shares) 16,483 16,428 16,496 16,257
Oil        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales $ 70,406 $ 60,023 $ 206,874 $ 153,228
Natural gas        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales 15,656 9,435 39,296 23,839
NGLs        
Oil, natural gas and natural gas liquids sales:        
Total oil, natural gas and natural gas liquids sales $ 12,644 $ 11,046 $ 35,234 $ 22,806