| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|
Revenue: | ||||||||
Total revenue | ||||||||
303,478 | 164,478 | 154,644 | 329,371 | 349,779 | 258,268 | 226,908 | 173,395 | 42,416 |
Oil | ||||||||
254,606 | 148,336 | 137,893 | 293,970 | 321,047 | 240,444 | 203,876 | 152,953 | 37,528 |
Gas | ||||||||
25,572 | 10,661 | 12,628 | 26,254 | 21,444 | 16,289 | 19,376 | 17,204 | 4,149 |
Natural gas liquids | ||||||||
23,300 | 5,481 | 4,123 | 9,147 | 7,288 | 1,535 | 3,656 | 3,238 | 739 |
Operating expenses: | ||||||||
Lease operating | ||||||||
79,308 | 63,699 | 79,393 | 112,683 | 103,276 | 79,922 | 59,516 | 51,618 | 16,185 |
Production and ad valorem taxes | ||||||||
23,351 | 16,270 | 19,985 | 37,216 | 40,402 | 35,716 | 31,379 | 24,151 | 5,807 |
Depletion, depreciation and amortization | ||||||||
92,089 | 50,462 | 94,338 | 132,154 | 116,344 | 78,414 | 57,664 | 47,016 | 11,541 |
Impairment of proved oil and gas properties | ||||||||
0 | 58,000 | 705,000 | 120,000 | 188,000 | 0 | - | - | - |
General and administrative | ||||||||
48,537 | 32,627 | 31,447 | 39,992 | 35,625 | 24,032 | 20,914 | 19,440 | 20,328 |
Cash-settled incentive awards | ||||||||
16,174 | 34,926 | 1,185 | 0 | 0 | - | - | - | - |
Write-off of deferred acquisition costs | ||||||||
- | - | - | - | - | - | - | - | 3,500 |
Total operating expenses | ||||||||
259,459 | 255,984 | 931,348 | 442,045 | 483,647 | 218,084 | 169,473 | 142,225 | 57,361 |
Income from operations | ||||||||
44,019 | -91,506 | -776,704 | -112,674 | -133,868 | 40,184 | 57,435 | 31,170 | -14,945 |
Other income (expense): | ||||||||
Interest expense, net | ||||||||
-43,449 | -50,684 | -64,358 | -31,489 | -29,302 | -15,523 | -3,844 | 4,855 | 1,538 |
Interest income | ||||||||
- | - | - | - | - | - | - | - | 776 |
Commodity derivative instruments gain (loss) | ||||||||
-5,655 | -19,784 | 76,492 | 118,141 | -15,336 | 5,176 | -5,321 | -17,842 | -49,514 |
Contingent payment derivative instrument gain | ||||||||
3,464 | - | - | - | - | - | - | - | - |
Other income (expense) | ||||||||
95 | 343 | -63 | 32 | 21 | 20 | 85 | 100 | 91 |
Total other expense | ||||||||
-45,545 | -70,125 | 12,071 | 86,684 | -44,617 | -10,327 | -9,080 | -22,597 | -50,185 |
Income (loss) before income taxes | ||||||||
-1,526 | -161,631 | -764,633 | -25,990 | -178,485 | 29,857 | 48,355 | 8,573 | -65,130 |
Income tax benefit | ||||||||
-293 | 91 | -22,354 | -4,140 | -64,679 | 11,881 | 17,870 | 2,388 | -19,887 |
Net income (loss) | ||||||||
-1,233 | -161,722 | -742,279 | -21,850 | -113,806 | 17,976 | 30,485 | 6,185 | -45,243 |
Preferred stock dividends | ||||||||
6,475 | - | - | - | - | - | - | - | - |
Net loss available to common stockholders | ||||||||
-7,708 | -161,722 | -742,279 | - | - | - | - | - | - |
Net loss per common share: | ||||||||
Basic | ||||||||
- | - | - | - | - | - | 0.53 | 0.12 | -0.93 |
Diluted | ||||||||
- | - | - | - | - | - | 0.47 | 0.12 | -0.93 |
Basic and diluted | ||||||||
-0.35 | -10.33 | -49.55 | -1.50 | -1.67 | 0.30 | - | - | - |
Weighted average common shares outstanding: | ||||||||
Basic | ||||||||
- | - | - | - | 68,260 | 59,424 | 57,612 | 49,900 | 46,394 |
Diluted | ||||||||
- | - | - | - | 68,260 | 59,452 | 65,029 | 50,475 | 46,394 |
Basic and diluted | ||||||||
21,889 | 15,767 | 14,986 | 14,760 | - | - | - | - | - |