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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
4 Months Ended 8 Months Ended 12 Months Ended
Dec. 31, 2020
Aug. 21, 2020
Dec. 31, 2022
Dec. 31, 2021
Operating Revenues:        
Crude oil sales $ 16,400 $ 8,223 $ 755,686 $ 220,124
Operating Costs and Expenses:        
Crude oil and natural gas production 2,653 4,870 69,599 25,053
Production and ad valorem taxes 886 566 38,440 10,746
Exploration and abandonments 5,032 4 1,149 1,549
Depletion, depreciation and amortization 9,877 6,385 177,742 65,201
Accretion of discount 51 89 370 167
General and administrative 2,775 4,840 12,470 8,885
Stock-based compensation 15,776 0 33,352 6,676
Total operating costs and expenses 37,050 16,754 333,122 118,277
Income (loss) from operations (20,650) (8,531) 422,564 101,847
Interest and other income 6 0 266 1
Interest expense (8) 0 (50,610) (2,484)
Derivative loss, net 0 0 (60,005) (26,734)
Other expense   (76,503) 0 (167)
Income (loss) before income taxes (20,652) (85,034) 312,215 72,463
Income tax expense (benefit) (4,223) 0 75,361 16,904
Net income (loss) $ (16,429) (85,034) $ 236,854 $ 55,559
Earnings (loss) per share:        
Basic net income (loss) (in dollars per share) $ (0.18)   $ 2.04 $ 0.55
Diluted net income (loss) (in dollars per share) $ (0.18)   $ 1.93 $ 0.54
Weighted average shares outstanding:        
Basic (in shares) 91,629   104,738 93,127
Diluted (in shares) 91,629   111,164 94,772
Dividends declared per share (in dollars per share) $ 0   $ 0.100 $ 0.125
Crude Oil Sales [Member]        
Operating Revenues:        
Crude oil sales $ 15,988 8,069 $ 715,469 $ 210,453
Natural Gas and NGL Sales [Member]        
Operating Revenues:        
Crude oil sales $ 412 $ 154 $ 40,217 $ 9,671