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Statements Of Income - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2022
Dec. 31, 2023
Sep. 30, 2022
Revenues:      
Natural gas, oil and NGL sales $ 14,888,674 $ 36,536,285 $ 69,860,631
Lease bonuses and rental income 34,482 1,068,022 467,502
Gains (losses) on derivative contracts 3,347,002 6,859,589 (16,833,078)
Revenues 18,270,158 44,463,896 53,495,055
Costs and expenses:      
Lease operating expenses 977,165 1,598,944 3,945,706
Transportation, gathering and marketing 1,455,260 3,674,832 5,890,390
Production and ad valorem taxes 656,764 1,881,737 3,332,581
Depreciation, depletion and amortization 1,802,114 8,566,185 7,278,118
Provision for impairment 6,100,696 38,533 14,565
Interest expense 637,698 2,362,393 1,164,992
General and administrative 3,137,401 11,970,182 11,500,594
Losses (gains) on asset sales and other (824,073) (4,285,170) (4,243,163)
Total costs and expenses 13,943,025 25,807,636 28,883,783
Income before provision (benefit) for income taxes 4,327,133 18,656,260 24,611,272
Provision for income taxes 981,000 4,735,460 4,202,000
Net income $ 3,346,133 $ 13,920,800 $ 20,409,272
Basic earnings (loss) per common share $ 0.09 $ 0.39 $ 0.59
Diluted earnings (loss) per common share $ 0.09 $ 0.39 $ 0.59
Weighted average shares outstanding:      
Basic 35,679,740 35,980,309 34,403,498
Diluted 36,489,353 35,980,309 34,560,310
Dividends declared per share of common stock and paid in period $ 0.02 $ 0.0975 $ 0.065
Dividends declared per share of common stock and to be paid in period ended March 31 $ 0.0225