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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Total oil and gas sales $ 126,881  
Operating expenses:    
Production taxes 5,939  
Gathering and transportation 7,430  
Lease operating 14,885  
Depreciation, depletion and amortization 37,590  
General and administrative 7,814  
(Gain) loss on sale of oil and gas properties (1)  
Total operating expenses 73,657  
Operating income (loss) 53,224  
Other income (expenses):    
Gain (loss) from derivative financial instruments (7,657)  
Other income 93  
Interest expense (27,851)  
Total other income (expenses) (35,415)  
Income (loss) before income taxes 17,809  
Provision for income taxes (4,234)  
Net income (loss) $ 13,575  
Net income (loss) per share – basic and diluted $ 0.13  
Weighted average shares outstanding – basic and diluted 105,457  
Predecessor    
Revenues:    
Total oil and gas sales   $ 72,593
Operating expenses:    
Production taxes   1,840
Gathering and transportation   4,334
Lease operating   9,773
Depreciation, depletion and amortization   27,152
General and administrative   6,016
(Gain) loss on sale of oil and gas properties   28,600
Total operating expenses   77,715
Operating income (loss)   (5,122)
Other income (expenses):    
Gain (loss) from derivative financial instruments   2,602
Other income   66
Interest expense   (38,850)
Total other income (expenses)   (36,182)
Income (loss) before income taxes   (41,304)
Provision for income taxes   (582)
Net income (loss)   $ (41,886)
Net income (loss) per share – basic and diluted   $ (2.78)
Weighted average shares outstanding – basic and diluted   15,084
Natural Gas Sales    
Revenues:    
Total oil and gas sales $ 90,132  
Natural Gas Sales | Predecessor    
Revenues:    
Total oil and gas sales   $ 59,543
Oil Sales    
Revenues:    
Total oil and gas sales $ 36,749  
Oil Sales | Predecessor    
Revenues:    
Total oil and gas sales   $ 13,050