XML 16 R4.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues and other income $ 251,159 $ 242,201
Expenses    
Taxes other than income 18,963 19,686
General and administrative expenses 31,983 9,733
Interest, net of amounts capitalized of $1,083 and $9,452, respectively 1,536 19,946
Depletion, depreciation, and amortization 39,450 96,862
Commodity derivatives expense (income) 115,743 (146,771)
Gain on debt extinguishment 0 (18,994)
Write-down of oil and natural gas properties 14,377 72,541
Other expenses 2,146 2,494
Total expenses 321,043 178,801
Income (loss) before income taxes (69,884) 63,400
Income tax benefit (242) (10,616)
Net income (loss) $ (69,642) $ 74,016
Net income (loss) per common share    
Basic $ (1.38) $ 0.15
Diluted $ (1.38) $ 0.14
Weighted average common shares outstanding    
Basic 50,319 494,259
Diluted 50,319 586,190
Other income    
Revenues and other income $ 360 $ 828
Transportation and marketing    
Operating expenses 7,797 9,621
Oil, natural gas, and related product sales    
Revenues and other income 235,445 229,624
Operating expenses 81,970 109,270
CO2    
Revenues and other income 9,228 8,028
Operating expenses 993 752
Oil marketing    
Revenues and other income 6,126 3,721
Operating expenses $ 6,085 $ 3,661