Note 13 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2021

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Year Ended December 31, 2021		August 22, 2020 through December 31, 2020
Current tax expense	$	—	$	(3,176	)
Deferred tax expense		16,904		(1,047	)
Income tax expense (benefit)	$	16,904	$	(4,223	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Year Ended December 31, 2021			August 22, 2020 through December 31, 2020
Income tax expense at U.S. federal statutory rate	$	15,217		$	(4,337	)
State deferred income taxes		1,730			—
Limited tax benefit due to stock-based compensation		(51	)		127
Other		8			(13	)
Income tax expense (benefit)	$	16,904		$	(4,223	)
Effective income tax rate		23.3	%		20.4	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

	December 31,
	2021			2020
Deferred tax assets:
Stock-based compensation	$	4,373		$	3,124
Unrecognized derivative losses		3,248			—
Net operating loss carryforwards		2,870			9,725
Other		31			31
Less: Valuation allowance		—			—
Net deferred tax assets		10,522			12,880
Deferred tax liabilities:
Crude oil and natural gas properties, principally due to differences in basis and depreciation and the deduction of intangible drilling costs for tax purposes		(66,324	)		(51,778	)
Net deferred tax liabilities	$	(55,802	)	$	(38,898	)