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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS – UNAUDITED - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Revenues    
Total revenues and other $ 258,148 $ 256,455
Operating expenses    
Lease operating 29,990 18,102
Gathering, processing and transportation 10,180 9,040
Production and ad valorem taxes 16,042 13,140
General and administrative 12,668 9,779
Depreciation, depletion and amortization 85,303 50,893
Total operating expenses 154,183 100,954
Operating income 103,965 155,501
Other income (expense)    
Interest expense, net of amounts capitalized (14,718) (10,697)
Gain on extinguishment of debt 0 2,157
Derivative gains (losses) 25,658 (167,887)
Other, net (123) 76
Income (loss) before income taxes 114,782 (20,850)
Income tax (expense) benefit (991) 189
Net income (loss) 113,791 (20,661)
Net (income) loss attributable to Noncontrolling interest (61,792) 10,676
Net income (loss) attributable to Class A common shareholders $ 51,999 $ (9,985)
Net income (loss) per share attributable to Class A common shareholders:    
Basic (in dollars per share) $ 2.74 $ (0.47)
Diluted (in dollars per share) $ 2.67 $ (0.47)
Weighted average shares outstanding – basic (in shares) 18,975 21,107
Weighted average shares outstanding – diluted (in shares) 19,623 21,107
Crude oil    
Revenues    
Revenues $ 236,932 $ 226,732
Natural gas liquids    
Revenues    
Revenues 12,154 16,740
Natural gas    
Revenues    
Revenues 8,345 12,127
Other operating income, net    
Revenues    
Revenues $ 717 $ 856