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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Revenues:    
Operating revenues $ 92,229 $ 25,717
Operating Costs and Expenses:    
Crude oil and natural gas production 9,446 2,227
Production and ad valorem taxes 5,006 1,664
Exploration and abandonments 209 191
Depletion, depreciation and amortization 17,024 12,963
Accretion of discount 54 35
General and administrative 1,940 1,759
Stock-based compensation 3,976 966
Total operating costs and expenses 37,655 19,805
Income from operations 54,574 5,912
Interest and other income 250 1
Interest expense (5,252) (54)
Derivative loss, net (66,394) 0
Income before income taxes (16,822) 5,859
Income tax expense (benefit) (312) 1,115
Net income (loss) $ (16,510) $ 4,744
Earnings (loss) per share:    
Basic net income (loss) (in dollars per share) $ (0.17) $ 0.05
Diluted net income (loss) (in dollars per share) $ (0.17) $ 0.05
Weighted average shares outstanding:    
Basic (in shares) 95,841 92,592
Diluted (in shares) 95,841 93,996
Dividends declared, per share (in dollars per share) $ 0.025  
Crude Oil Sales [Member]    
Operating Revenues:    
Operating revenues $ 86,938 $ 24,870
Natural Gas and NGL Sales [Member]    
Operating Revenues:    
Operating revenues $ 5,291 $ 847