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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues    
Crude oil $ 71,258 $ 30,073
Natural gas liquids 2,946 2,302
Natural gas 2,790 2,343
Gain on sales of assets, net 75 65
Other, net 142 203
Total revenues 77,211 34,986
Operating expenses    
Lease operating 7,296 4,916
Gathering, processing and transportation 3,359 2,551
Production and ad valorem taxes 4,092 1,979
General and administrative 6,471 4,107
Depreciation, depletion and amortization 22,081 9,810
Total operating expenses 43,299 23,363
Operating income (loss) 33,912 11,623
Other income (expense)    
Interest expense (4,601) (538)
Derivatives (18,795) 17,016
Other, net (58) (20)
Income (loss) before income taxes 10,458 28,081
Income tax benefit (expense) (163) 0
Net income (loss) 10,295 28,081
Net income (loss) attributable to common shareholders $ 10,295 $ 28,081
Net income (loss) per share:    
Basic (in dollars per share) $ 0.68 $ 1.87
Diluted (in dollars per share) $ 0.68 $ 1.86
Weighted average shares outstanding – basic (in shares) 15,042 14,992
Weighted average shares outstanding – diluted (in shares) 15,081 15,126