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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
1 Months Ended 11 Months Ended 12 Months Ended
Feb. 08, 2018
Dec. 31, 2018
Dec. 31, 2019
Revenue      
Operating revenue $ 40,136 $ 473,473 $ 500,220
Gain on sale of assets 840 4,751 1,382
Gain (loss) on derivatives 6,663 (10,247) (11,744)
Total revenue 47,639 467,977 489,858
Operating expenses      
Lease operating 4,408 56,827 63,755
Transportation, processing and marketing 3,725 19,293 21,042
Midstream operating 0 15,221 24,719
Cost of sales for purchased gathered production 0 31,247 34,529
Production taxes 953 16,865 19,455
Workovers 423 5,563 3,189
Exploration 7,003 34,085 52,354
Depreciation, depletion and amortization 11,670 160,942 132,292
Impairment of assets 0 3,205,051 905,293
General and administrative 21,234 131,052 107,655
Total operating expenses 49,416 3,676,146 1,364,283
Operating income (1,777) (3,208,169) (874,425)
Other income (expense)      
Interest expense (5,511) (43,296) (61,459)
Interest income and other 172 2,049 243
Equity in earnings of unconsolidated subsidiaries 0 0 6,216
Reorganization items, net 0 0 (197)
Total other income (expense), net (5,339) (41,247) (55,197)
Loss from continuing operations before income taxes (7,116) (3,249,416) (929,622)
Income tax expense (benefit) 0 (69) 0
Loss from continuing operations (7,116) (3,249,347) (929,622)
Loss from discontinued operations, net of tax (7,746) 0 0
Net loss (14,862) (3,249,347) (929,622)
Net loss attributable to non-controlling interest   (1,724,648) (479,084)
Net loss attributable to Alta Mesa Resources, Inc. stockholders (14,862) $ (1,524,699) $ (450,538)
Net loss per common share attributable to Alta Mesa Resources, Inc. stockholders:      
Basic and diluted (in dollars per share)   $ (8.71) $ (2.48)
Oil      
Revenue      
Operating revenue 30,972 $ 323,299 $ 328,386
Natural gas      
Revenue      
Operating revenue 4,276 43,407 53,693
Natural gas liquids      
Revenue      
Operating revenue 4,000 43,039 40,026
Sales of gathered production      
Revenue      
Operating revenue 0 31,506 37,195
Midstream revenue      
Revenue      
Operating revenue 0 27,460 30,590
Other      
Revenue      
Operating revenue $ 888 $ 4,762 $ 10,330