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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Revenues $ 302,283,000 $ 301,875,000 $ 76,236,000
Operating expenses:      
Lease operating expenses 37,348,000 37,881,000 10,344,000
Production and ad valorem taxes 17,432,000 15,635,000 4,072,000
Gathering and transportation 5,756,000 4,939,000 2,976,000
Depreciation, depletion, amortization and accretion 137,937,000 141,815,000 36,091,000
Impairment of oil and natural gas properties 0 0 1,061,000
Exploration costs 15,917,000 4,374,000 1,747,000
General and administrative 35,729,000 30,469,000 13,428,000
Transaction costs 0 0 2,618,000
(Gain) loss on disposition of property and equipment (11,117,000) 499,000 (4,995,000)
Total operating expenses 239,002,000 235,612,000 67,342,000
Operating income 63,281,000 66,263,000 8,894,000
Other income (expense):      
Interest expense, net (25,228,000) (19,489,000) (2,532,000)
Gain (loss) on commodity derivative instruments, net (65,338,000) 92,604,000 (16,336,000)
Other expense, net (660,000) (3,254,000) (284,000)
Total other income (expense), net (91,226,000) 69,861,000 (19,152,000)
Income (loss) before income taxes (27,945,000) 136,124,000 (10,258,000)
Income tax (benefit) expense 2,143,000 18,162,000 1,690,000
Net income (loss) (30,088,000) 117,962,000 (11,948,000)
Net income (loss) attributable to noncontrolling interest (38,503,000) 59,926,000 (18,811,000)
Net income attributable to Rosehill Resources Inc. before preferred stock dividends 8,415,000 58,036,000 6,863,000
Series A Preferred Stock dividends and deemed dividends 8,174,000 7,938,000 12,936,000
Series B Preferred Stock dividends, deemed dividends, and return 23,590,000 23,437,000 2,447,000
Net income (loss) attributable to Rosehill Resources Inc. common stockholders $ (23,349,000) $ 26,661,000 $ (8,520,000)
Earnings (loss) per common share:      
Basic (USD per share) $ (1.61) $ 3.25 $ (1.43)
Diluted (USD per share) $ (1.61) $ 1.76 $ (1.43)
Weighted average common shares outstanding:      
Basic (shares) 14,475 8,196 5,945
Diluted (shares) 14,475 46,499 5,945
Oil sales      
Revenues:      
Revenues $ 286,710,000 $ 271,539,000 $ 61,596,000
Natural gas sales      
Revenues:      
Revenues 2,489,000 9,392,000 7,171,000
Natural gas liquids sales      
Revenues:      
Revenues $ 13,084,000 $ 20,944,000 $ 7,469,000