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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating Revenues:    
Crude oil sales $ 287,764 $ 223,794
Operating costs and expenses:    
Crude oil and natural gas production 30,271 32,942
Production and ad valorem taxes 14,402 12,297
Exploration and abandonments 498 2,164
Depletion, depreciation and amortization 130,850 81,131
Accretion of discount 239 118
General and administrative 4,685 2,502
Stock-based compensation 3,798 4,054
Total operating costs and expenses 184,743 135,208
Other expense 1 0
Income from operations 103,020 88,586
Interest and other income 2,392 30
Interest expense (43,634) (26,972)
Gain (loss) on derivative instruments, net (53,043) 3,120
Income before income taxes 8,735 64,764
Provision for income taxes 2,297 14,507
Net income $ 6,438 $ 50,257
Earnings per share:    
Basic net income (in dollars per share) $ 0.05 $ 0.41
Diluted net income (in dollars per share) $ 0.05 $ 0.39
Weighted average shares outstanding:    
Basic (in shares) 125,696 111,055
Diluted (in shares) 129,641 117,765
Dividends declared per share (in dollars per share) $ 0.04 $ 0.025
Crude Oil Sales [Member]    
Operating Revenues:    
Crude oil sales $ 282,369 $ 215,696
Natural Gas and NGL Sales [Member]    
Operating Revenues:    
Crude oil sales $ 5,395 $ 8,098