Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Operations

v3.7.0.1
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating revenues:    
Total operating revenues $ 81,363 $ 30,698
Operating expenses:    
Lease operating expenses 12,937 6,957
Production taxes 5,904 2,220
Depreciation, depletion and amortization 24,433 15,722
General and administrative 5,206 5,562
Accretion expense 184 180
Write-down of oil and natural gas properties   34,776
Acquisition expense 450 48
Total operating expenses 49,114 65,465
Income (loss) from operations 32,249 (34,767)
Other (income) expenses:    
Interest expense, net of capitalized amounts 665 5,491
(Gain) loss on derivative contracts (15,303) 932
Other income (708) (81)
Total other (income) expense (15,346) 6,342
Income (loss) before income taxes 47,595 (41,109)
Income tax expense 466  
Net income (loss) 47,129 (41,109)
Preferred stock dividends (1,824) (1,824)
Income (loss) available to common stockholders $ 45,305 $ (42,933)
Income (loss) per common share:    
Basic $ 0.23 $ (0.51)
Diluted $ 0.22 $ (0.51)
Shares used in computing income (loss) per common share:    
Basic 201,054 83,582
Diluted 201,740 83,582
Crude Oil [Member]    
Operating revenues:    
Total operating revenues $ 72,008 $ 27,443
Natural Gas And Natural Gas Liquids [Member]    
Operating revenues:    
Total operating revenues $ 9,355 $ 3,255