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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues      
Gain (Loss) on Disposition of Property Plant Equipment $ 5 $ (177) $ (36)
Total revenues 471,216 440,832 160,054
Operating expenses      
Lease operating 43,088 35,879 21,784
Cost of Goods and Services Sold 23,197 18,626 10,734
Production and ad valorem taxes 28,057 23,547 8,814
General and administrative 25,484 26,064 18,201
Depreciation, depletion and amortization 174,569 127,961 48,649
Total operating expenses 294,395 232,077 108,182
Operating income 176,821 208,755 51,872
Other income (expense)      
Interest expense, net of amounts capitalized (35,811) (26,462) (6,392)
Derivatives (68,131) 37,427 (17,819)
Other, net (153) 2,266 58
Reorganization items, net 0 3,322 0
Income before income taxes 72,726 225,308 27,719
Income tax (expense) benefit (2,137) (523) 4,943
Net income $ 70,589 $ 224,785 $ 32,662
Net income per share:      
Basic (in dollars per share) $ 4.67 $ 14.93 $ 2.18
Diluted (in dollars per share) $ 4.67 $ 14.70 $ 2.17
Weighted average shares outstanding – basic 15,110 15,059 14,996
Weighted average shares outstanding – diluted 15,126 15,292 15,063
Oil and Gas, Exploration and Production [Member]      
Revenues      
Revenue from contract with customer $ 434,713 $ 402,485 $ 140,886
Oil and Condensate [Member]      
Revenues      
Revenue from contract with customer 16,589 21,073 10,066
Natural Gas, Production [Member]      
Revenues      
Revenue from contract with customer 17,733 15,972 8,517
Product and Service, Other [Member]      
Revenues      
Revenue from contract with customer $ 2,176 $ 1,479 $ 621