Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Stockholders' Equity

v3.23.2
Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjusted Balance
 [1]
Cumulative Effect, Period of Adoption, Adjustment
Common Stock
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
 [1]
Capital in Excess of Par
Capital in Excess of Par
Cumulative Effect, Period of Adoption, Adjusted Balance
 [1]
Accumulated deficit
Accumulated deficit
Cumulative Effect, Period of Adoption, Adjusted Balance
 [1]
Accumulated deficit
Cumulative Effect, Period of Adoption, Adjustment
Beginning balance (in shares) at Dec. 31, 2021       61,371,000 61,371,000          
Beginning balance at Dec. 31, 2021 $ 1,865,768 $ 2,396,500 $ 530,732 $ 614 $ 614 $ 4,012,358 $ 4,012,358 $ (2,147,204) $ (1,616,472) $ 530,732
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (7,715)             (7,715)    
Restricted stock units (in shares)       6,000            
Restricted stock units 2,790         2,790        
Common stock issued for Primexx Acquisition (in shares)       117,000            
Common stock issued for Primexx Acquisition (6,295)     $ (1)   (6,294)        
Ending balance (in shares) at Mar. 31, 2022 [1]       61,494,000            
Ending balance at Mar. 31, 2022 [1] 2,397,870     $ 615   4,021,442   (1,624,187)    
Beginning balance (in shares) at Dec. 31, 2021       61,371,000 61,371,000          
Beginning balance at Dec. 31, 2021 1,865,768 $ 2,396,500 $ 530,732 $ 614 $ 614 4,012,358 $ 4,012,358 (2,147,204) $ (1,616,472) $ 530,732
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) [2],[3] 295,536                  
Ending balance (in shares) at Jun. 30, 2022 [1]       61,716,000            
Ending balance at Jun. 30, 2022 [1] 2,697,859     $ 617   4,018,178   (1,320,936)    
Beginning balance (in shares) at Mar. 31, 2022 [1]       61,494,000            
Beginning balance at Mar. 31, 2022 [1] 2,397,870     $ 615   4,021,442   (1,624,187)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 303,251 [3]             303,251    
Restricted stock units (in shares)       244,000            
Restricted stock units (1,899)     $ 2   (1,901)        
Common Redeemed During Period, Shares       22,000            
Stock Redeemed During Period, Value 1,363         1,363        
Ending balance (in shares) at Jun. 30, 2022 [1]       61,716,000            
Ending balance at Jun. 30, 2022 [1] $ 2,697,859     $ 617   4,018,178   (1,320,936)    
Beginning balance (in shares) at Dec. 31, 2022 61,621,518     61,622,000 [1]            
Beginning balance at Dec. 31, 2022 [1] $ 3,425,781 [4]     $ 616   4,022,194   (597,029)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) 220,638             220,638    
Restricted stock units (in shares)       3,000            
Restricted stock units 3,339         3,339        
Ending balance (in shares) at Mar. 31, 2023       61,625,000            
Ending balance at Mar. 31, 2023 $ 3,649,758     $ 616   4,025,533   (376,391)    
Beginning balance (in shares) at Dec. 31, 2022 61,621,518     61,622,000 [1]            
Beginning balance at Dec. 31, 2022 [1] $ 3,425,781 [4]     $ 616   4,022,194   (597,029)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) $ 112,742                  
Ending balance (in shares) at Jun. 30, 2023 61,888,356     61,888,000            
Ending balance at Jun. 30, 2023 $ 3,542,672     $ 619   4,026,340   (484,287)    
Beginning balance (in shares) at Mar. 31, 2023       61,625,000            
Beginning balance at Mar. 31, 2023 3,649,758     $ 616   4,025,533   (376,391)    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Net income (loss) (107,896)             (107,896)    
Restricted stock units (in shares)       263,000            
Restricted stock units $ 810     $ 3   807        
Ending balance (in shares) at Jun. 30, 2023 61,888,356     61,888,000            
Ending balance at Jun. 30, 2023 $ 3,542,672     $ 619   $ 4,026,340   $ (484,287)    
[1] Financial information for prior periods has been recast to reflect retrospective application of the successful efforts method of accounting. See “Note 2 - Summary of Significant Accounting Policies” for additional information.
[2] Financial information for the prior period has been recast to reflect retrospective application of the successful efforts method of accounting. See “Note 2 - Summary of Significant Accounting Policies” for additional information
[3] Financial information for the prior period has been recast to reflect retrospective application of the successful efforts method of accounting. See “Note 2 - Summary of Significant Accounting Policies” for additional information.
[4] Financial information for the prior period has been recast to reflect retrospective application of the successful efforts method of accounting. See “Note 2 - Summary of Significant Accounting Policies” for additional information.