v3.19.3.a.u2
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating Revenues:      
Total operating revenues $ 671,572 $ 587,624 $ 366,474
Operating Expenses:      
Lease operating 91,827 69,180 49,907
Production taxes 42,651 35,755 22,396
Depreciation, depletion and amortization 240,642 182,783 116,391
General and administrative 45,331 35,293 27,067
Merger and integration expenses 74,363 0 0
Settled share-based awards 3,024 0 6,351
Other operating expense 1,076 5,083 2,916
Total operating expenses 498,914 328,094 225,028
Income From Operations 172,658 259,530 141,446
Other (Income) Expenses:      
Interest expense, net of capitalized amounts 2,907 2,500 2,159
(Gain) loss on derivative contracts 62,109 (48,544) 18,901
Loss on extinguishment of debt 4,881 0 0
Other income (468) (2,896) (1,311)
Total other (income) expense 69,429 (48,940) 19,749
Income Before Income Taxes 103,229 308,470 121,697
Income tax expense 35,301 8,110 1,273
Net Income 67,928 300,360 120,424
Preferred stock dividends (3,997) (7,295) (7,295)
Loss on redemption of preferred stock (8,304) 0 0
Income Available to Common Stockholders $ 55,627 $ 293,065 $ 113,129
Income Available to Common Stockholders Per Common Share:      
Basic (in dollars per share) $ 0.24 $ 1.35 $ 0.56
Diluted (in dollars per share) $ 0.24 $ 1.35 $ 0.56
Weighted Average Common Shares Outstanding:      
Basic (in shares) 233,140 216,941 201,526
Diluted (in shares) 233,550 217,596 202,102
Oil      
Operating Revenues:      
Total operating revenues $ 633,107 $ 530,898 $ 322,374
Natural gas      
Operating Revenues:      
Total operating revenues 36,390 56,726 44,100
Natural gas liquids      
Operating Revenues:      
Total operating revenues $ 2,075 $ 0 $ 0

Source