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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Oil, natural gas and natural gas liquids sales:    
Total oil, natural gas and natural gas liquids sales $ 49,532 $ 64,273
Other 338 869
Total operating revenues 49,870 65,142
Production:    
Lease operating 11,586 11,691
Workover and other 888 1,335
Taxes other than income 2,991 3,190
Gathering and other 17,286 16,517
General and administrative 4,071 5,137
Depletion, depreciation and accretion 13,025 16,148
Total operating expenses 49,847 54,018
Income from operations 23 11,124
Other income (expenses):    
Net (loss) gain on derivative contracts (24,187) 19,473
Interest expense and other (7,039) (7,786)
Total other (expenses) income (31,226) 11,687
(Loss) income before income taxes (31,203) 22,811
Income tax benefit (provision) 0 0
Net (loss) income (31,203) 22,811
Series A preferred dividends (5,632) (1,492)
Net (loss) income available to common stockholders $ (36,835) $ 21,319
Net (loss) income per share of common stock available to common stockholders:    
Basic (in dollars per share) $ (2.24) $ 1.29
Diluted (in dollars per share) $ (2.24) $ 1.28
Weighted average common shares outstanding:    
Basic (in shares) 16,457 16,393
Diluted (in shares) 16,457 16,535
Oil    
Oil, natural gas and natural gas liquids sales:    
Total oil, natural gas and natural gas liquids sales $ 42,429 $ 54,215
Natural gas    
Oil, natural gas and natural gas liquids sales:    
Total oil, natural gas and natural gas liquids sales 2,047 2,900
Natural gas liquids    
Oil, natural gas and natural gas liquids sales:    
Total oil, natural gas and natural gas liquids sales $ 5,056 $ 7,158