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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Operating revenues      
Oil and gas sales $ 1,029,892 $ 580,456 $ 944,330
Operating expenses      
Lease operating expenses 106,419 109,282 145,976
Severance and ad valorem taxes 67,140 39,417 63,200
Gathering, processing and transportation expenses 85,896 71,309 72,834
Depreciation, depletion and amortization 289,122 358,554 444,243
Impairment and abandonment expense 32,511 691,190 47,245
Exploration and other expenses 7,883 18,355 11,390
General and administrative expenses 110,454 72,867 79,156
Total operating expenses 699,425 1,360,974 864,044
Net gain (loss) on sale of long-lived assets 34,168 398 (857)
Proceeds from terminated sale of assets 5,983 0 0
Income (loss) from operations 370,618 (780,120) 79,429
Other income (expense)      
Interest expense (61,288) (69,192) (55,991)
Gain (loss) on extinguishment of debt (22,156) 143,443 0
Net gain (loss) on derivative instruments (148,825) (64,535) (1,561)
Other income (expense) 395 81 334
Total other income (expense) (231,874) 9,797 (57,218)
Income (loss) before income taxes 138,744 (770,323) 22,211
Income tax (expense) benefit (569) 85,124 (5,797)
Net income (loss) 138,175 (685,199) 16,414
Less: Net (income) loss attributable to noncontrolling interest 0 2,362 (616)
Net income (loss) attributable to Class A Common Stock $ 138,175 $ (682,837) $ 15,798
Income (loss) per share of Class A Common Stock:      
Basic (in dollars per share) $ 0.49 $ (2.46) $ 0.06
Diluted (in dollars per share) $ 0.46 $ (2.46) $ 0.06