CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands |
12 Months Ended |
Dec. 31, 2019 |
Dec. 31, 2018 |
Dec. 31, 2017 |
| Operating revenues |
|
|
|
| Oil and gas sales |
$ 944,330
|
$ 891,045
|
$ 429,902
|
| Operating expenses |
|
|
|
| Oil And Gas Producing Activities, Lease Operating Expense |
145,976
|
83,313
|
41,336
|
| Production Tax Expense |
63,200
|
56,523
|
23,173
|
| Oil And Gas Producing Activities, Transportation Costs |
72,834
|
57,624
|
34,259
|
| Depreciation, depletion and amortization |
444,243
|
326,462
|
161,628
|
| Impairment and abandonment expense |
47,245
|
11,136
|
(29)
|
| Exploration expense |
11,390
|
9,968
|
14,373
|
| General and administrative expenses |
79,156
|
63,304
|
49,882
|
| Total operating expenses |
864,044
|
608,330
|
324,622
|
| Gain (Loss) on Disposition of Property Plant Equipment |
(857)
|
475
|
8,796
|
| Income from operations |
79,429
|
283,190
|
114,076
|
| Other income (expense) |
|
|
|
| Interest expense |
(55,991)
|
(26,358)
|
(5,729)
|
| Net gain (loss) on derivative instruments |
(1,561)
|
15,336
|
5,138
|
| Other income |
334
|
8
|
0
|
| Total other income (expense) |
(57,218)
|
(11,014)
|
(591)
|
| Income before income taxes |
22,211
|
272,176
|
113,485
|
| Income tax expense |
(5,797)
|
(59,440)
|
(29,930)
|
| Net income |
16,414
|
212,736
|
83,555
|
| Less: Net income attributable to noncontrolling interest |
(616)
|
(12,837)
|
(7,987)
|
| Net income attributable to Class A Common Stock |
$ 15,798
|
$ 199,899
|
$ 75,568
|
| Income per share of Class A Common Stock: |
|
|
|
| Basic (in dollars per share) |
$ 0.06
|
$ 0.76
|
$ 0.32
|
| Diluted (in dollars per share) |
$ 0.06
|
$ 0.75
|
$ 0.32
|