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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Gain on sales of assets, net $ 16 $ 4 $ 41 $ 79
Total revenues 122,767 111,580 227,995 188,791
Operating expenses        
Lease operating 10,362 8,730 21,366 16,026
Gathering, processing and transportation 6,408 4,574 10,337 7,933
Production and ad valorem taxes 7,579 5,795 13,271 9,887
General and administrative 6,232 5,322 13,297 11,793
Depreciation, depletion and amortization 44,298 31,273 83,168 53,354
Total operating expenses 74,879 55,694 141,439 98,993
Operating income (loss) 47,888 55,886 86,556 89,798
Other income (expense)        
Interest expense (9,056) (6,150) (18,534) (10,751)
Derivatives 13,603 (52,241) (54,414) (71,036)
Other, net 8 (16) 114 (74)
Income (loss) before income taxes 52,443 (2,521) 13,722 7,937
Income tax benefit (expense) (818) 0 (794) (163)
Net income (loss) attributable to common shareholders $ 51,625 $ (2,521) $ 12,928 $ 7,774
Net income (loss) per share:        
Basic (in dollars per share) $ 3.42 $ (0.17) $ 0.86 $ 0.52
Diluted (in dollars per share) $ 3.40 $ (0.17) $ 0.85 $ 0.51
Weighted average shares outstanding – basic (in shares) 15,106 15,058 15,102 15,050
Weighted average shares outstanding – diluted (in shares) 15,162 15,058 15,174 15,171
Oil and Gas, Exploration and Production [Member]        
Revenues        
Revenues $ (114,031) $ (101,716) $ (208,843) $ (172,974)
Oil and Condensate [Member]        
Revenues        
Revenues (3,502) (5,533) (9,050) (8,479)
Natural Gas, Production [Member]        
Revenues        
Revenues (5,290) (3,912) (9,567) (6,702)
Product and Service, Other [Member]        
Revenues        
Revenues $ (72) $ (415) $ (494) $ (557)