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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues    
Total revenues $ 33,623 $ 40,329
Expenses    
Lease operating expenses 7,954 15,642
Production, ad valorem, and other taxes 2,176 3,199
Depreciation and depletion — oil and natural gas 2,505 24,855
Depreciation and amortization — other 1,494 2,634
Impairment 0 7,970
General and administrative 2,090 5,483
Restructuring expenses 2,054 0
Employee termination benefits 49 3,254
(Gain) loss on derivative contracts 0 (10,226)
(Gain) loss on sale of assets (19,713) 0
Other operating (income) expense, net (48) 277
Total expenses (1,439) 53,088
Income (loss) from operations 35,062 (12,759)
Other income (expense)    
Interest expense, net (47) (637)
Other income (expense), net 28 76
Total other income (expense) (19) (561)
Income (loss) before income taxes 35,043 (13,320)
Income tax expense (benefit) 0 (650)
Net income (loss) $ 35,043 $ (12,670)
Net income (loss) per share    
Basic (in dollars per share) $ 0.97 $ (0.36)
Diluted (in dollars per share) $ 0.94 $ (0.36)
Weighted average number of common shares outstanding    
Basic (in shares) 36,156 35,551
Diluted (in shares) 37,439 35,551
Oil, natural gas and NGL    
Revenues    
Total revenues $ 33,623 $ 40,139
Other    
Revenues    
Total revenues $ 0 $ 190