| Dec'18 | Dec'17 | Dec'16 | Dec'15 | |||
|---|---|---|---|---|---|---|
REVENUES | ||||||
Revenues | ||||||
581,644 | 267,312 | 76,522 | 33,851 | |||
OPERATING EXPENSES | ||||||
Lease operating expenses | ||||||
42,406 | 17,874 | 7,505 | 3,165 | |||
Gathering and processing expenses | ||||||
0 | 4,424 | 1,046 | 171 | |||
Production and ad valorem taxes | ||||||
34,642 | 16,120 | 4,345 | 2,244 | |||
Exploration | ||||||
29 | 31 | 2,484 | 11 | |||
Results of Operations, Depreciation, Depletion, Amortization and Accretion | ||||||
222,355 | 111,049 | 40,417 | 22,685 | |||
Impairment of unproved oil and natural gas properties | ||||||
28,198 | 373 | 372 | 6,489 | |||
General and administrative expenses (including equity-based compensation of $4,098 and $2,614 for the three months ended September 30, 2019 and 2018, respectively, and $11,025 and $80,671 for the nine months ended September 30, 2019 and 2018, respectively) | ||||||
122,472 | 466,067 | 11,690 | 7,446 | |||
Other operating expenses | ||||||
63 | 247 | 649 | 250 | |||
Total operating expenses | ||||||
450,165 | 616,185 | 68,508 | 42,461 | |||
INCOME (LOSS) FROM OPERATIONS | ||||||
131,479 | -348,873 | 8,014 | -8,610 | |||
OTHER INCOME (EXPENSE) | ||||||
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net | ||||||
119,338 | -42,615 | -15,145 | 1,323 | |||
Interest expense, net | ||||||
25,152 | 2,861 | 2,629 | 197 | |||
Gain (Loss) on Disposition of Oil and Gas Property | ||||||
6,225 | 0 | 0 | - | |||
Other, net | ||||||
43 | 358 | 0 | 0 | |||
Total other income (expense) | ||||||
100,454 | -45,118 | -17,774 | 1,126 | |||
INCOME (LOSS) BEFORE INCOME TAX | ||||||
231,933 | -393,991 | -9,760 | -7,484 | |||
Income tax expense (benefit) | ||||||
66,475 | 57,943 | 0 | 0 | |||
Net Income (Loss) Attributable to Parent | ||||||
165,458 | -451,934 | -9,760 | -7,484 | |||
Earnings Per Share [Abstract] | ||||||
Basic (in dollars per share) | ||||||
0.78 | -0.36 | - | - | |||
Diluted (in dollars per share) | ||||||
0.78 | -0.36 | - | - | |||
Weighted average common shares outstanding: | ||||||
Weighted Average Number of Shares Outstanding, Basic | ||||||
213,128 | 212,932 | - | - | |||
Weighted Average Number of Shares Outstanding, Diluted | ||||||
213,203 | 212,932 | - | - | |||
Oil sales | ||||||
Revenues | ||||||
539,802 | 241,788 | 70,078 | 31,534 | |||
Natural gas sales | ||||||
Revenues | ||||||
9,136 | 9,065 | 2,213 | 948 | |||
NGL sales | ||||||
Revenues | ||||||
31,956 | 15,571 | 3,068 | 1,329 | |||
Other operating revenues | ||||||
Other operating revenues | ||||||
750 | 888 | 1,163 | 40 | |||
Predecessor | ||||||
Net Income (Loss) Attributable to Parent | ||||||
0 | -375,476 | -9,760 | - | |||
Successor | ||||||
Net Income (Loss) Attributable to Parent | ||||||
165,458 | -76,458 | 0 | - | |||