XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (in thousands, except per share data) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating revenues and other income:    
Oil, gas, and NGL production revenue $ 858,721 $ 423,165
Other operating income 1,055 20,681
Total operating revenues and other income 859,776 443,846
Operating expenses:    
Oil, gas, and NGL production expense 144,691 100,930
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 159,481 166,960
Exploration 9,046 9,323
Impairment 1,000 8,750
General and administrative 24,996 24,714
Net derivative loss 418,521 344,689
Other operating expense, net 305 (599)
Total operating expenses 758,040 654,767
Income (loss) from operations 101,736 (210,921)
Interest expense (39,387) (39,871)
Other non-operating expense, net (724) (371)
Income (loss) before income taxes 61,625 (251,163)
Income tax expense (12,861) (106)
Net income (loss) $ 48,764 $ (251,269)
Basic weighted-average common shares outstanding 121,907 114,759
Diluted weighted-average common shares outstanding 124,179 114,759
Basic net income (loss) per common share $ 0.40 $ (2.19)
Diluted net income (loss) per common share 0.39 (2.19)
Dividends per common share $ 0.01 $ 0.01