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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Total revenues $ 1,651,980 $ 1,244,540 $ 575,936
Operating expenses:      
Lease operating expense 308,092 283,601 246,564
Production taxes 3,488 3,363 1,054
Depreciation, depletion and amortization 414,630 395,994 364,346
Write-down of oil and natural gas properties 0 18,123 267,916
Accretion expense 55,995 58,129 49,741
General and administrative expense 99,754 78,677 79,175
Other operating (income) expense 33,902 32,037 (11,550)
Total operating expenses 915,861 869,924 997,246
Operating income (expense) 736,119 374,616 (421,310)
Interest expense (125,498) (133,138) (99,415)
Price risk management activities income (expense) (272,191) (419,077) 87,685
Equity method investment income 14,222 0 0
Other income (expense) 31,800 (6,988) 3,018
Net income (loss) before income taxes 384,452 (184,587) (430,022)
Income tax benefit (expense) (2,537) 1,635 (35,583)
Net income (loss) $ 381,915 $ (182,952) $ (465,605)
Net income (loss) per common share:      
Basic $ 4.63 $ (2.24) $ (6.88)
Diluted $ 4.56 $ (2.24) $ (6.88)
Weighted average common shares outstanding:      
Basic 82,454 81,769 67,664
Diluted 83,683 81,769 67,664
Oil      
Revenues:      
Revenues $ 1,365,148 $ 1,064,161 $ 506,788
Natural Gas      
Revenues:      
Revenues 227,306 130,616 53,714
NGL      
Revenues:      
Revenues $ 59,526 $ 49,763 $ 15,434