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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (in thousands, except per share data) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Operating revenues and other income:    
Oil, gas, and NGL production revenue $ 570,778 $ 858,721
Other operating income 2,727 1,055
Total operating revenues and other income 573,505 859,776
Operating expenses:    
Oil, gas, and NGL production expense 142,348 144,691
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 154,189 159,481
Exploration 18,428 9,046
General and administrative 27,669 24,996
Net derivative (gain) loss (51,329) 418,521
Other operating expense, net 10,153 1,305
Total operating expenses 301,458 758,040
Income from operations 272,047 101,736
Interest expense (22,459) (39,387)
Other non-operating income (expense), net 4,470 (724)
Income before income taxes 254,058 61,625
Income tax expense (55,506) (12,861)
Net income $ 198,552 $ 48,764
Basic weighted-average common shares outstanding 121,671 121,907
Diluted weighted-average common shares outstanding 122,294 124,179
Basic net income per common share $ 1.63 $ 0.40
Diluted net income per common share 1.62 0.39
Dividends per common share $ 0.15 $ 0.01