v3.20.1
Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Crude oil and natural gas sales $ 18,389 $ 19,765
Operating costs and expenses:    
Production expense 9,749 8,219
Depreciation, depletion and amortization 3,103 1,553
Impairment of proved crude oil and natural gas properties 30,625  
General and administrative expense 754 4,439
Bad debt (recovery) expense and other 810 (29)
Total operating costs and expenses 45,041 14,182
Other operating expense, net (31) (37)
Operating income (loss) (26,683) 5,546
Other income (expense):    
Derivative instruments gain (loss), net 7,339 (1,912)
Interest income, net 116 187
Other, net (31) (238)
Total other income (expense), net 7,424 (1,963)
Income (loss) from continuing operations before income taxes (19,259) 3,583
Income tax expense 33,478 2,753
Income (loss) from continuing operations (52,737) 830
Income (loss) from discontinued operations, net of tax (63) 5,671
Net income (loss) $ (52,800) $ 6,501
Basic net income (loss) per share:    
Income (loss) from continuing operations $ (0.91) $ 0.01
Income (loss) from discontinued operations, net of tax 0.00 0.09
Net income (loss) per share $ (0.91) $ 0.10
Basic weighted average shares outstanding 57,975 59,630
Diluted net income (loss) per share:    
Income (loss) from continuing operations $ (0.91) $ 0.01
Income (loss) from discontinued operations, net of tax 0.00 0.09
Net income (loss) per share $ (0.91) $ 0.10
Diluted weighted average shares outstanding 57,975 60,683

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