Annual report pursuant to Section 13 and 15(d)

Acquisitions and Dispositions (Tables)

v3.10.0.1
Acquisitions and Dispositions (Tables)
 12 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Fair Value of Net Assets Acquired
The following table summarizes the estimated acquisition date fair values of the net assets acquired in the acquisition: 
໿
໿
Evaluated oil and natural gas properties
$
96,194

Unevaluated oil and natural gas properties
233,387

Asset retirement obligations
(8
)
Net assets acquired
$
329,573

The following table summarizes the estimated acquisition date fair values of the acquisition:
Evaluated oil and natural gas properties
$
137,368

Unevaluated oil and natural gas properties
509,359

Asset retirement obligations
(168
)
Net assets acquired
$
646,559

The following table summarizes the estimated acquisition date fair values of the net assets acquired in the acquisition: 
໿
Evaluated oil and natural gas properties
$
65,043

Unevaluated oil and natural gas properties
274,664

Asset retirement obligations
(20
)
Net assets acquired
$
339,687

The following table summarizes the estimated acquisition date fair values of the acquisition:
Evaluated oil and natural gas properties
$
253,089

Unevaluated oil and natural gas properties
287,000

Asset retirement obligations
(570
)
Net assets acquired
$
539,519

Unaudited Summary Pro Forma Financial Information
The following unaudited summary pro forma financial information for the periods presented is for illustrative purposes only and does not purport to represent what the Company’s results of operations would have been if the Delaware Asset Acquisition, Ameredev Transaction, Plymouth Transaction, and Big Star Transaction had occurred as presented, or to project the Company’s results of operations for any future periods:
 
 
Twelve Months Ended December 31,
 
 
2018
(a) 
 
2017
(a) 
 
2016
(a) 
Revenues
 
$
668,759

 
 
$
472,949

 
 
$
243,273

 
Income (loss) from operations
 
295,738

 
 
212,381

 
 
(39,730
)
 
Income (loss) available to common stockholders
 
336,730

 
 
184,064

 
 
(82,612
)
 

 
 
 
 
 
 
 
 
 
Net income (loss) per common share:
 
 
 
 
 
 
 
 
 
Basic
 
$
1.55

 
 
$
0.91

 
 
$
(0.50
)
 
Diluted
 
$
1.55

 
 
$
0.91

 
 
$
(0.50
)
 
(a)
The pro forma financial information was prepared assuming the Delaware Asset Acquisition occurred as of January 1, 2017, and the Ameredev Transaction, Plymouth Transaction, and Big Star Transaction occurred as of January 1, 2016.