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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Total revenues $ 1,457,886 $ 1,651,980 $ 1,244,540
Operating expenses:      
Lease operating expense 389,621 308,092 283,601
Production taxes 2,451 3,488 3,363
Depreciation, depletion and amortization 663,534 414,630 395,994
Write-down of oil and natural gas properties 0 0 18,123
Accretion expense 86,152 55,995 58,129
General and administrative expense 158,493 99,754 78,677
Other operating (income) expense (52,155) 33,902 32,037
Total operating expenses 1,248,096 915,861 869,924
Operating income (expense) 209,790 736,119 374,616
Interest expense (173,145) (125,498) (133,138)
Price risk management activities income (expense) 80,928 (272,191) (419,077)
Equity method investment income (expense) (3,209) 14,222 0
Other income (expense) 12,371 31,800 (6,988)
Net income (loss) before income taxes 126,735 384,452 (184,587)
Income tax benefit (expense) 60,597 (2,537) 1,635
Net income (loss) $ 187,332 $ 381,915 $ (182,952)
Net income (loss) per common share:      
Basic $ 1.56 $ 4.63 $ (2.24)
Diluted $ 1.55 $ 4.56 $ (2.24)
Weighted average common shares outstanding:      
Basic 119,894 82,454 81,769
Diluted 120,752 83,683 81,769
Oil      
Revenues:      
Revenues $ 1,357,732 $ 1,365,148 $ 1,064,161
Natural Gas      
Revenues:      
Revenues 68,034 227,306 130,616
NGL      
Revenues:      
Revenues $ 32,120 $ 59,526 $ 49,763