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CONDENSED CONSOLIDATED INCOME STATEMENTS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues    
Total revenues $ 30,283 $ 43,147
Expenses    
Lease operating expenses 10,892 11,694
Production, ad valorem, and other taxes 1,896 3,751
Depreciation and depletion — oil and natural gas 4,076 3,454
Depreciation and amortization — other 1,678 1,618
General and administrative 3,332 2,909
Restructuring expenses 0 39
Employee termination benefits 0 19
(Gain) loss on derivative contracts 0 (1,447)
Other operating (income) expense, net (9) (94)
Total expenses 21,865 21,943
Income from operations 8,418 21,204
Other income (expense)    
Interest income (expense), net 2,698 2,499
Other income (expense), net 9 55
Total other income (expense) 2,707 2,554
Income (loss) before income taxes 11,125 23,758
Income tax (benefit) expense 0 0
Net income (loss) $ 11,125 $ 23,758
Net income (loss) per share    
Basic (in dollars per share) $ 0.30 $ 0.64
Diluted (in dollars per share) $ 0.30 $ 0.64
Weighted average number of common shares outstanding    
Basic (in shares) 37,042 36,859
Diluted (in shares) 37,134 37,110