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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues:    
Total revenues $ 307,596 $ 458,456
Costs and expenses:    
Lease operating expense 139,587 131,675
Gathering, processing and transportation 20,808 29,110
Taxes other than income 21,348 33,308
Depreciation, depletion and amortization 28,004 23,950
General and administrative expense 32,984 30,164
Accretion of asset retirement obligations 7,951 7,081
Loss (gain) on commodity derivative instruments (40,343) 106,937
Pipeline incident loss 19,981 11,277
Pipeline incident settlement   12,000
Other, net 1,060 965
Total costs and expenses 231,380 386,467
Operating income (loss) 76,216 71,989
Other income (expense):    
Interest expense, net (17,719) (14,101)
Litigation settlement (See Note 16) 84,875  
Other income (expense) 399 98
Total other income (expense) 67,555 (14,003)
Income (loss) before income taxes 143,771 57,986
Income tax (expense) benefit - current (4,817) (111)
Income tax (expense) benefit - deferred 253,796  
Net income (loss) 392,750 57,875
Allocation of net income (loss) to:    
Net income (loss) available to common stockholders 375,151 55,147
Net income (loss) allocated to participating securities 17,599 2,728
Net Income (Loss) $ 392,750 $ 57,875
Earnings (loss) per share: (See Note 10)    
Basic earnings (loss) per share $ 9.63 $ 1.44
Diluted earnings (loss) per share $ 9.63 $ 1.44
Weighted average common shares outstanding:    
Basic 38,961 38,351
Diluted 38,961 38,351
Oil and natural gas sales    
Revenues:    
Total revenues $ 288,271 $ 407,761
Other revenues    
Revenues:    
Total revenues $ 19,325 $ 50,695