XML 41 R21.htm IDEA: XBRL DOCUMENT v3.20.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2020
Accounting Policies [Abstract]  
Disaggregation of revenue
The following table summarizes the Company’s total revenues and revenues from contracts with customers on a disaggregated basis for the three months ended March 31, 2020 and 2019 (in thousands).
 
Three Months Ended 
 March 31,
 
2020
 
2019
Revenues from contracts with customers
$
224,288

 
$
216,338

Realized gain on derivatives
10,867

 
3,270

Unrealized gain (loss) on derivatives
136,430

 
(45,719
)
Total revenues
$
371,585

 
$
173,889

 
Three Months Ended 
 March 31,
 
2020
 
2019
Oil revenues
$
169,585

 
$
154,204

Natural gas revenues
28,329

 
39,065

Third-party midstream services revenues
15,830

 
11,838

Sales of purchased natural gas
10,544

 
11,231

Total revenues from contracts with customers
$
224,288

 
$
216,338


Reconciliations of basic and diluted distributed and undistributed earnings (loss) per common share
The following table sets forth the computation of diluted weighted average common shares outstanding for the three months ended March 31, 2020 and 2019 (in thousands).
 
Three Months Ended 
 March 31,
2020
 
2019
Weighted average common shares outstanding
 
 
 
Basic
116,607

 
115,315

Dilutive effect of options and restricted stock units
77

 

Diluted weighted average common shares outstanding
116,684

 
115,315