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Consolidated Statements of Operations - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 18, 2020
Dec. 31, 2021
Dec. 31, 2019
Revenues and other income $ 220,600,000 $ 530,112,000 $ 1,258,160,000 $ 1,274,883,000
Expenses        
Taxes other than income 16,584,000 43,531,000 91,390,000 93,752,000
General and administrative expenses 19,470,000 48,522,000 79,258,000 83,029,000
Interest, net of amounts capitalized of $4,585, $1,261, $22,885 and $36,671, respectively 1,815,000 48,267,000 4,147,000 81,632,000
Depletion, depreciation, and amortization 45,812,000 188,593,000 150,640,000 233,816,000
Commodity derivatives expense (income) 61,902,000 (102,032,000) 352,984,000 70,078,000
Gain on debt extinguishment 0 (18,994,000) 0 (155,998,000)
Write-down of oil and natural gas properties 1,006,000 996,658,000 14,377,000 0
Reorganization items, net 0 849,980,000 0 0
Other expenses 8,072,000 35,868,000 10,816,000 11,187,000
Total expenses 273,784,000 2,378,819,000 1,201,391,000 953,572,000
Income (loss) before income taxes (53,184,000) (1,848,707,000) 56,769,000 321,311,000
Income tax provision (benefit) (2,526,000) (416,129,000) 767,000 104,352,000
Net income (loss) $ (50,658,000) $ (1,432,578,000) $ 56,002,000 $ 216,959,000
Net income (loss) per common share        
Basic $ (1.01) $ (2.89) $ 1.10 $ 0.47
Diluted $ (1.01) $ (2.89) $ 1.04 $ 0.45
Weighted average common shares outstanding        
Basic 50,000 495,560 50,918 459,524
Diluted 50,000 495,560 53,818 510,341
Other income        
Revenues and other income $ 4,697,000 $ 8,419,000 $ 15,288,000 $ 14,523,000
Transportation and marketing        
Operating expenses 10,595,000 27,164,000 28,817,000 41,810,000
Oil, natural gas, and related product sales        
Revenues and other income 201,108,000 492,101,000 1,159,955,000 1,212,020,000
Operating expenses 101,234,000 250,271,000 424,550,000 477,220,000
CO2        
Revenues and other income 9,419,000 21,049,000 44,175,000 34,142,000
Operating expenses 1,976,000 2,592,000 6,678,000 2,922,000
Oil marketing        
Revenues and other income 5,376,000 8,543,000 38,742,000 14,198,000
Operating expenses $ 5,318,000 $ 8,399,000 $ 37,734,000 $ 14,124,000