| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
REVENUE | ||||||
Revenue from contracts with customers | ||||||
492,776 | 594,737 | 402,757 | 297,297 | - | - | - |
Gain (loss) on commodity derivative instruments | ||||||
-4,955 | 14,831 | 26,902 | -36,464 | 90,288 | 37,336 | -5,860 |
TOTAL REVENUE | ||||||
487,821 | 609,568 | 429,659 | 260,833 | 392,924 | 548,321 | 463,559 |
OPERATING (INCOME) EXPENSE | ||||||
Lease operating expense | ||||||
17,665 | 18,415 | 17,280 | 18,755 | 21,583 | 21,233 | 21,142 |
Production costs and ad valorem taxes | ||||||
60,533 | 64,364 | 47,474 | 35,464 | 35,767 | 49,575 | 42,813 |
Exploration expense | ||||||
397 | 7,943 | 618 | 645 | 2,592 | 631 | 174 |
Depreciation, depletion, and amortization | ||||||
109,584 | 122,653 | 114,534 | 102,487 | 104,298 | 111,962 | 102,442 |
Impairment of oil and natural gas properties | ||||||
- | - | - | 6,775 | 249,569 | 117,930 | 57,109 |
General and administrative | ||||||
63,353 | 76,712 | 77,574 | 73,139 | 77,175 | 62,765 | 59,501 |
Accretion of asset retirement obligations | ||||||
1,117 | 1,103 | 1,026 | 892 | 1,075 | 1,060 | 588 |
(Gain) loss on sale of assets, net | ||||||
0 | 3 | 931 | 4,793 | 4,873 | -32 | 18 |
Other expense | ||||||
- | - | - | - | 1,593 | 1,424 | - |
TOTAL OPERATING EXPENSE | ||||||
252,649 | 291,187 | 257,575 | 233,364 | 488,779 | 366,612 | 283,751 |
INCOME (LOSS) FROM OPERATIONS | ||||||
235,172 | 318,381 | 172,084 | 27,469 | -95,855 | 181,709 | 179,808 |
OTHER INCOME (EXPENSE) | ||||||
Interest and investment income | ||||||
159 | 183 | 49 | 656 | 58 | 28 | 90 |
Interest expense | ||||||
21,435 | 20,756 | 15,694 | 7,547 | 6,418 | 13,509 | 11,342 |
Other income (expense) | ||||||
472 | -2,248 | 714 | -390 | 910 | 959 | 407 |
TOTAL OTHER EXPENSE | ||||||
-20,804 | -22,821 | -14,931 | -7,281 | -5,450 | -12,522 | -10,845 |
NET INCOME (LOSS) | ||||||
214,368 | 295,560 | 157,153 | 20,188 | -101,305 | 169,187 | 168,963 |
Net (income) loss attributable to noncontrolling interests | ||||||
0 | 24 | -34 | -12 | 1,260 | 0 | - |
Distributions on Series A redeemable preferred units | ||||||
0 | 25 | 3,117 | 5,763 | 7,522 | 0 | - |
Distributions on Series B cumulative convertible preferred units | ||||||
21,000 | 21,000 | 1,925 | 0 | 0 | - | - |
NET INCOME (LOSS) ATTRIBUTABLE TO THE GENERAL PARTNER AND COMMON AND SUBORDINATED UNITS | ||||||
193,368 | 274,511 | 152,145 | 14,437 | -108,017 | 0 | - |
ALLOCATION OF NET INCOME (LOSS): | ||||||
General partner interest | ||||||
0 | 0 | 0 | 0 | 0 | - | - |
NET INCOME (LOSS) ATTRIBUTABLE TO THE GENERAL PARTNER AND COMMON AND SUBORDINATED UNITS | ||||||
193,368 | 274,511 | 152,145 | 14,437 | -108,017 | 0 | - |
NET INCOME (LOSS) ATTRIBUTABLE TO LIMITED PARTNERS PER COMMON AND SUBORDINATED UNIT: | ||||||
Oil and condensate sales | ||||||
Revenue from contracts with customers | ||||||
263,678 | 310,278 | 169,728 | 142,382 | 163,538 | 257,390 | 252,742 |
Natural gas and natural gas liquids sales | ||||||
Revenue from contracts with customers | ||||||
199,265 | 248,243 | 190,967 | 122,836 | 116,018 | 207,456 | 184,868 |
Lease bonus and other income | ||||||
Revenue from contracts with customers | ||||||
29,833 | 36,216 | 42,062 | 32,079 | 23,080 | 46,139 | 31,809 |
Common Units | ||||||
Allocation of net income (loss) | ||||||
169,375 | 154,662 | 98,389 | 24,669 | - | - | - |
Per unit (basic) (in dollars per share) | ||||||
1.01 | 1.46 | 1.01 | 0.26 | - | - | - |
Weighted average units outstanding (basic) (in shares) | ||||||
168,230 | 106,064 | 97,400 | 96,073 | - | - | - |
Per unit (diluted) (in dollars per share) | ||||||
1.01 | 1.45 | 1.01 | 0.26 | - | - | - |
Weighted average units outstanding (diluted) (in shares) | ||||||
168,376 | 121,264 | 97,400 | 96,243 | - | - | - |
Subordinated units | ||||||
Allocation of net income (loss) | ||||||
23,993 | 119,849 | 53,756 | -10,232 | - | - | - |
Per unit (basic) (in dollars per share) | ||||||
0.64 | 1.25 | 0.56 | -0.11 | - | - | - |
Weighted average units outstanding (basic) (in shares) | ||||||
37,740 | 96,099 | 95,149 | 95,138 | - | - | - |
Per unit (diluted) (in dollars per share) | ||||||
0.64 | 1.25 | 0.56 | -0.11 | - | - | - |
Weighted average units outstanding (diluted) (in shares) | ||||||
37,740 | 96,346 | 95,149 | 95,138 | - | - | - |