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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2024 | Dec. 31, 2023
Oil, natural gas and natural gas liquids sales: |  |
Total oil, natural gas and natural gas liquids sales | $ 193,216 | $ 218,505
Other | 677 | 2,257
Total operating revenues | 193,893 | 220,762
Production: |  |
Lease operating | 45,275 | 44,864
Workover and other | 5,215 | 7,149
Taxes other than income | 11,238 | 11,943
Gathering and other | 54,117 | 63,575
General and administrative | 18,356 | 19,025
Depletion, depreciation and accretion | 52,926 | 56,624
Impairment of contract asset | 18,511 |
Total operating expenses | 205,638 | 203,180
Income from operations | (11,745) | 17,582
Other income (expenses): |  |
Net gain on derivative contracts | 2,308 | 12,689
Interest expense and other | (14,956) | (33,319)
Loss on extinguishment of debt | (7,489) |
Total other income expenses | (20,137) | (20,630)
Loss before income taxes | (31,882) | (3,048)
Income tax benefit (provision) | 0 | 0
Net loss | (31,882) | (3,048)
Preferred dividends | (32,219) | (12,047)
Net loss available to common stockholders | $ (64,101) | $ (15,095)
Net loss per share of common stock: |  |
Basic (in dollars per share) | $ (3.90) | $ (0.92)
Diluted (in dollars per share) | $ (3.90) | $ (0.92)
Weighted average common shares outstanding: |  |
Basic (in shares) | 16,457 | 16,441
Diluted (in shares) | 16,457 | 16,441
Oil |  |
Oil, natural gas and natural gas liquids sales: |  |
Total oil, natural gas and natural gas liquids sales | $ 174,607 | $ 183,634
Natural gas |  |
Oil, natural gas and natural gas liquids sales: |  |
Total oil, natural gas and natural gas liquids sales | (2,213) | 11,057
Natural gas liquids |  |
Oil, natural gas and natural gas liquids sales: |  |
Total oil, natural gas and natural gas liquids sales | $ 20,822 | $ 23,814

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