XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Oil and gas sales $ 24,846 $ 74,703 $ 78,222 $ 146,768
Costs and Expenses [Abstract]        
General and administrative, net 6,180 6,624 12,093 12,900
Depreciation, depletion, and amortization 13,716 24,029 37,156 45,834
Accretion of asset retirement obligation 88 86 173 168
Lease operating costs 5,000 5,035 10,812 9,567
Workovers 0 (127) 0 519
Transportation and gas processing 4,554 6,728 11,197 13,135
Severance and other taxes 2,037 3,950 5,001 7,266
Write-down of oil and gas properties 260,342 0 355,948 0
Operating Expenses 291,917 46,325 432,380 89,389
Operating Income (Loss) (267,071) 28,378 (354,158) 57,379
Net gain (loss) on commodity derivatives (8,458) 24,925 79,829 20,903
Interest expense, net (8,026) (9,306) (16,433) (18,065)
Other Nonoperating Income (Expense) (1) (28) 107 37
Income (Loss) Before Income Taxes (283,556) 43,969 (290,655) 60,254
Provision (Benefit) for Income Taxes 22,420 (20,735) 21,179 (20,503)
Net Income (Loss) $ (305,976) $ 64,704 $ (311,834) $ 80,757
Per Share Amounts-        
Earnings Per Share, Basic $ (25.69) $ 5.51 $ (26.28) $ 6.89
Earnings Per Share, Diluted $ (25.69) $ 5.49 $ (26.28) $ 6.85
Weighted Average Shares Outstanding - Basic 11,910 11,746 11,868 11,727
Weighted Average Shares Outstanding - Diluted 11,910 11,780 11,868 11,786