XML 15 R4.htm IDEA: XBRL DOCUMENT v3.23.3
Unaudited Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues $ 354,396 $ 431,472 $ 1,022,212 $ 1,324,447
Other income 851 8,015 3,036 9,055
Total revenues and other income 355,247 439,487 1,025,248 1,333,502
Taxes other than income 29,072 33,789 85,047 101,487
General and administrative expenses 26,430 21,071 76,302 58,998
Interest, net of amounts capitalized of $2,502, $1,044, $6,454 and $3,177, respectively 843 909 2,595 3,092
Depletion, depreciation, and amortization 52,917 37,680 144,716 108,425
Commodity derivatives expense (income) 85,251 (109,248) 42,451 140,325
Other expenses 14,143 2,726 19,624 11,459
Total expenses 359,227 147,743 822,502 868,793
Income (loss) before income taxes (3,980) 291,744 202,746 464,709
Income tax provision (benefit) (1,087) 41,321 49,159 59,664
Net income (loss) $ (2,893) $ 250,423 $ 153,587 $ 405,045
Net income (loss) per common share        
Basic (in dollars per shares) $ (0.06) $ 4.89 $ 2.96 $ 7.86
Diluted (in dollars per shares) $ (0.06) $ 4.66 $ 2.85 $ 7.43
Weighted average common shares outstanding        
Basic (in shares) 52,417 51,182 51,916 51,512
Diluted (in shares) 52,417 53,715 53,941 54,524
Oil, natural gas, and related product sales        
Revenues $ 325,870 $ 395,223 $ 943,305 $ 1,232,104
Lease operating expenses 127,440 134,464 386,905 376,643
Operating expenses 5,474 5,191 16,022 14,638
CO2 sales and transportation fees        
Revenues 12,706 18,586 34,556 44,618
Operating expenses 2,138 2,066 4,931 6,564
Oil marketing revenues        
Revenues 15,820 17,663 44,351 47,725
Operating expenses $ 15,519 $ 19,095 $ 43,909 $ 47,162