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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Total revenues $ 125,290 $ 148,641 $ 254,258
Expenses      
Lease operating expenses 40,012 41,862 41,286
Production, ad valorem, and other taxes 6,780 10,870 15,880
Depreciation and depletion—oil and natural gas 25,976 15,657 11,542
Depreciation and amortization—other 6,503 6,518 6,342
General and administrative 11,695 10,735 9,449
Restructuring expenses 474 406 382
Employee termination benefits 0 19 0
(Gain) loss on derivative contracts (748) (1,447) (5,975)
Other operating (income) expense 1,372 (157) (99)
Total expenses 92,064 84,463 78,807
Income (loss) from operations 33,226 64,178 175,451
Other income (expense)      
Interest income (expense), net 7,744 10,552 1,810
Other income (expense), net (216) 87 378
Total other income (expense) 7,528 10,639 2,188
Income (loss) before income taxes 40,754 74,817 177,639
Income tax (benefit) (22,232) 13,960 (64,529)
Net income (loss) $ 62,986 $ 60,857 $ 242,168
Net income (loss) per share      
Basic (in dollars per share) $ 1.70 $ 1.65 $ 6.59
Diluted (in dollars per share) $ 1.69 $ 1.64 $ 6.52
Weighted average number of common shares outstanding      
Basic (in shares) 37,106 36,939 36,745
Diluted (in shares) 37,188 37,134 37,154