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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:        
Total revenues $ 383,135 $ 377,128 $ 1,072,927 $ 1,309,779
Operating expenses:        
Lease operating expense 103,548 81,760 286,075 229,156
Production taxes 600 955 1,813 2,670
Depreciation, depletion and amortization 163,359 92,323 480,476 295,174
Accretion expense 21,256 13,179 63,430 42,400
General and administrative expense 24,888 25,289 121,257 70,742
Other operating (income) expense (57,287) (366) (55,172) 12,142
Total operating expenses 256,364 213,140 897,879 652,284
Operating income (expense) 126,771 163,988 175,048 657,495
Interest expense (45,637) (29,265) (128,850) (91,531)
Price risk management activities income (expense) (98,802) 114,180 (13,668) (231,133)
Equity method investment income (expense) (2,493) 991 2,938 14,599
Other income (expense) 2,193 692 10,450 31,991
Net income (loss) before income taxes (17,968) 250,586 45,918 381,421
Income tax benefit (expense) 15,865 (121) 55,516 (2,256)
Net income (loss) $ (2,103) $ 250,465 $ 101,434 $ 379,165
Net income (loss) per common share:        
Basic $ (0.02) $ 3.03 $ 0.86 $ 4.6
Diluted $ (0.02) $ 2.99 $ 0.85 $ 4.54
Weighted average common shares outstanding:        
Basic 124,103 82,576 118,459 82,406
Diluted 124,103 83,818 119,262 83,438
Oil        
Revenues:        
Revenues $ 359,404 $ 295,585 $ 995,081 $ 1,078,800
Natural Gas        
Revenues:        
Revenues 16,871 68,360 53,383 181,747
NGL        
Revenues:        
Revenues $ 6,860 $ 13,183 $ 24,463 $ 49,232