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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
4 Months Ended 8 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 12, 2016
Dec. 31, 2018
Dec. 31, 2017
Other income (expense)        
Income tax (expense) benefit     $ (4,900)  
Successor [Member]        
Revenues        
Gain (loss) on sales of assets, net $ (49)   (177) $ (36)
Total revenues 39,003   440,832 160,054
Operating expenses        
Lease operating 5,331   35,879 21,784
Cost of Goods and Services Sold 3,043   18,626 10,734
Production and ad valorem taxes 2,498   23,547 8,814
General and administrative 5,066   26,064 18,201
Exploration 0   0 0
Depreciation, depletion and amortization 11,652   127,961 48,649
Total operating expenses 27,590   232,077 108,182
Operating income (loss) 11,413   208,755 51,872
Other income (expense)        
Interest expense, net of amounts capitalized (879)   (26,462) (6,392)
Derivatives (16,622)   37,427 (17,819)
Other, net 792   2,266 58
Reorganization items, net 0   3,322 0
Income (loss) before income taxes (5,296)   225,308 27,719
Income tax (expense) benefit 0   (523) 4,943
Net income (loss) (5,296)   224,785 32,662
Preferred stock dividends 0   0 0
Net loss attributable to common shareholders $ (5,296)   $ 224,785 $ 32,662
Net income (loss) per share:        
Basic (in dollars per share) $ (0.35)   $ 14.93 $ 2.18
Diluted (in dollars per share) $ (0.35)   $ 14.70 $ 2.17
Weighted average shares outstanding – basic 14,992   15,059 14,996
Weighted average shares outstanding – diluted 14,992   15,292 15,063
Predecessor [Member]        
Revenues        
Gain (loss) on sales of assets, net   $ 1,261    
Total revenues   94,310    
Operating expenses        
Lease operating   15,626    
Cost of Goods and Services Sold   13,235    
Production and ad valorem taxes   3,490    
General and administrative   38,956    
Exploration   10,288    
Depreciation, depletion and amortization   33,582    
Total operating expenses   115,177    
Operating income (loss)   (20,867)    
Other income (expense)        
Interest expense, net of amounts capitalized   (58,018)    
Derivatives   (8,333)    
Other, net   (3,173)    
Reorganization items, net   1,144,993    
Income (loss) before income taxes   1,054,602    
Income tax (expense) benefit   0    
Net income (loss)   1,054,602    
Preferred stock dividends   (5,972)    
Net loss attributable to common shareholders   $ 1,048,630    
Net income (loss) per share:        
Basic (in dollars per share)   $ 11.91    
Diluted (in dollars per share)   $ 8.50    
Weighted average shares outstanding – basic   88,013    
Weighted average shares outstanding – diluted   124,087    
Oil and Gas, Exploration and Production [Member] | Successor [Member]        
Revenues        
Revenue from contract with customer $ 33,157   $ 402,485 $ 140,886
Oil and Gas, Exploration and Production [Member] | Predecessor [Member]        
Revenues        
Revenue from contract with customer   $ 81,377    
Oil and Condensate [Member] | Successor [Member]        
Revenues        
Revenue from contract with customer 2,707   21,073 10,066
Oil and Condensate [Member] | Predecessor [Member]        
Revenues        
Revenue from contract with customer   6,064    
Natural Gas, Production [Member] | Successor [Member]        
Revenues        
Revenue from contract with customer 2,790   15,972 8,517
Natural Gas, Production [Member] | Predecessor [Member]        
Revenues        
Revenue from contract with customer   6,208    
Product and Service, Other [Member] | Successor [Member]        
Revenues        
Revenue from contract with customer $ 398   $ 1,479 $ 621
Product and Service, Other [Member] | Predecessor [Member]        
Revenues        
Revenue from contract with customer   $ 600