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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Total revenue $ 88,874 $ 286,810 $ 276,638 $ 465,523
Operating expenses:        
Depreciation, depletion and amortization 88,443 95,806 181,986 160,393
Write-down of oil and natural gas properties   12,361 57 12,361
Accretion expense 13,794 9,945 26,211 19,552
General and administrative expense 17,192 18,865 44,661 36,474
Total operating expenses 183,477 191,938 375,453 352,282
Operating income (expense) (94,603) 94,872 (98,815) 113,241
Interest expense (26,190) (24,932) (52,040) (50,150)
Price risk management activities income (expense) (68,682) 29,990 174,535 (79,589)
Other income (expense) (528) 831 (674) 1,264
Net income (loss) before income taxes (190,003) 100,761 23,006 (15,234)
Income tax benefit (expense) 49,392 (5,997) (5,868) 362
Net income (loss) $ (140,611) $ 94,764 $ 17,138 $ (14,872)
Net income (loss) per common share:        
Basic $ (2.14) $ 1.75 $ 0.28 $ (0.27)
Diluted $ (2.14) $ 1.74 $ 0.28 $ (0.27)
Weighted average common shares outstanding:        
Basic 65,807 54,178 62,023 54,167
Diluted 65,807 54,451 62,318 54,167
Oil and Gas Properties        
Operating expenses:        
Lease operating expense $ 63,882 $ 54,455 $ 122,123 $ 122,414
Production taxes 166 506 415 1,088
Oil Revenue        
Revenues:        
Revenue 74,471 256,908 241,095 412,587
Natural Gas Revenue        
Revenues:        
Revenue 11,140 14,746 23,038 29,193
NGL Revenue        
Revenues:        
Revenue 1,964 6,645 6,265 11,711
Other        
Revenues:        
Revenue $ 1,299 $ 8,511 $ 6,240 $ 12,032