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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS – UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
Total revenues and other $ 256,455 $ 88,555
Operating expenses    
Lease operating 18,102 8,825
Gathering, processing and transportation 9,040 4,674
Production and ad valorem taxes 13,140 5,513
General and administrative 9,779 13,177
Depreciation, depletion and amortization 50,893 23,884
Impairments of oil and gas properties 0 1,811
Total operating expenses 100,954 57,884
Operating income 155,501 30,671
Other income (expense)    
Interest expense, net of amounts capitalized (10,697) (5,397)
Gain (loss) on extinguishment of debt 2,157 (1,231)
Derivative losses (167,887) (44,368)
Other, net 76 (6)
Loss before income taxes (20,850) (20,331)
Income tax benefit 189 310
Net loss (20,661) (20,021)
Net loss attributable to Noncontrolling interest 10,676 6,449
Net loss attributable to common shareholders $ (9,985) $ (13,572)
Net loss per share attributable to common shareholders:    
Basic (in dollars per share) $ (0.47) $ (0.89)
Diluted (in dollars per share) $ (0.47) $ (0.89)
Weighted average shares outstanding – basic (in shares) 21,107 15,263
Weighted average shares outstanding – diluted (in shares) 21,107 15,263
Crude oil    
Revenues    
Revenues $ 226,732 $ 81,913
Natural gas liquids    
Revenues    
Revenues 16,740 3,562
Natural gas    
Revenues    
Revenues 12,127 2,833
Other operating income, net    
Revenues    
Revenues $ 856 $ 247