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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Revenues $ 165,146 $ 203,303 $ 354,837 $ 408,435
Operating costs:        
Operating costs 98,041 104,015 201,511 213,248
Depreciation, depletion, and amortization 66,292 58,373 128,418 115,439
General and administrative 10,064 8,712 19,805 19,474
(Gain) loss on disposition of assets (422) (161) 1,193 (322)
Total operating expenses 173,975 170,939 350,927 347,839
Income (loss) from operations (8,829) 32,364 3,910 60,596
Other income (expense):        
Interest, net (8,995) (7,729) (17,533) (17,733)
Gain (loss) on derivatives 7,927 (14,461) 995 (21,223)
Other, net 6 5 11 11
Total other income (expense) (1,062) (22,185) (16,527) (38,945)
Income (loss) before income taxes (9,891) 10,179 (12,617) 21,651
Income tax expense (benefit):        
Deferred (1,874) 2,029 (2,318) 5,636
Total income taxes (1,874) 2,029 (2,318) 5,636
Net income (loss) (8,017) 8,150 (10,299) 16,015
Net income attributable to non-controlling interest 492 2,362 1,714 2,362
Net income (loss) attributable to Unit Corporation $ (8,509) $ 5,788 $ (12,013) $ 13,653
Net income (loss) attributable to Unit Corporation per common share (Note 4):        
Basic $ (0.16) $ 0.11 $ (0.23) $ 0.26
Diluted $ (0.16) $ 0.11 $ (0.23) $ 0.26
Oil and natural gas        
Revenues:        
Revenues $ 77,815 $ 102,318 $ 163,910 $ 205,417
Operating costs:        
Operating costs 36,242 32,418 68,956 68,380
Contract drilling        
Revenues:        
Revenues 43,037 46,926 94,192 92,915
Operating costs:        
Operating costs 29,308 31,894 60,709 63,561
Gas gathering and processing        
Revenues:        
Revenues 44,294 54,059 96,735 110,103
Operating costs:        
Operating costs $ 32,491 $ 39,703 $ 71,846 $ 81,307