XML 36 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Oil and gas sales $ 72,014 $ 65,034 $ 218,781 $ 169,134
Costs and Expenses [Abstract]        
General and administrative, net 6,247 5,486 19,146 16,856
Depreciation, depletion, and amortization 24,937 18,766 70,771 44,994
Accretion of asset retirement obligation 88 87 257 330
Lease operating costs 5,507 4,207 15,074 12,927
Workovers 93 0 613 0
Transportation and gas processing 6,782 6,138 19,917 16,585
Severance and other taxes 3,778 2,464 11,044 8,156
Operating Expenses 47,432 37,148 136,822 99,848
Operating Income (Loss) 24,582 27,886 81,959 69,286
Net gain (loss) on commodity derivatives 13,409 (13,600) 34,312 (30,707)
Interest expense, net (9,435) (7,212) (27,500) (19,686)
Other Nonoperating Income (Expense) 134 226 173 (477)
Income (Loss) Before Income Taxes 28,690 7,300 88,944 18,416
Provision (Benefit) for Income Taxes 1,039 220 (19,464) 549
Net Income (Loss) $ 27,651 $ 7,080 $ 108,408 $ 17,867
Per Share Amounts-        
Earnings Per Share, Basic $ 2.35 $ 0.61 $ 9.24 $ 1.53
Earnings Per Share, Diluted $ 2.35 $ 0.60 $ 9.21 $ 1.52
Weighted Average Shares Outstanding - Basic 11,762 11,671 11,739 11,643
Weighted Average Shares Outstanding - Diluted 11,780 11,792 11,776 11,759