| Dec'18 | Dec'17 | Dec'16 | Aug'14 | Aug'13 | Aug'12 | Aug'11 | Aug'10 |
|---|---|---|---|---|---|---|---|
Revenues [Abstract] | |||||||
Oil, natural gas, and NGL revenues | |||||||
645,641 | 362,516 | 107,149 | 104,219 | 46,223 | 24,969 | 10,002 | 2,158 |
Total revenues | |||||||
- | - | - | - | - | - | - | 2,158 |
Expenses: | |||||||
Lease operating expenses | |||||||
43,291 | 19,496 | 19,949 | 7,991 | 3,417 | 1,212 | 484 | 323 |
Transportation and gathering | |||||||
9,135 | 3,226 | 0 | - | - | - | - | - |
Production taxes | |||||||
59,830 | 36,266 | 5,732 | 9,667 | 4,237 | 2,436 | 956 | - |
Depreciation, depletion, and accretion | |||||||
179,773 | 112,309 | 46,678 | 32,958 | 13,336 | 6,010 | - | 701 |
Full cost ceiling impairment | |||||||
0 | 0 | 215,223 | 0 | 0 | - | - | - |
Goodwill impairment | |||||||
40,711 | 0 | 0 | - | - | - | - | - |
Unused commitment charge | |||||||
0 | 669 | 597 | 0 | 0 | - | - | - |
Depletion, depreciation and amortization | |||||||
- | - | - | - | - | - | 2,838 | - |
General and administrative | |||||||
38,618 | 32,965 | 30,545 | 10,139 | 5,688 | 3,557 | 2,904 | 1,915 |
Total expenses | |||||||
371,358 | 204,931 | 318,724 | 60,755 | 26,678 | 13,215 | 7,182 | 2,939 |
Operating Income (Loss) | |||||||
274,283 | 157,585 | -211,575 | 43,464 | 19,545 | 11,754 | 2,820 | -781 |
Other income (expense): | |||||||
Commodity derivative gain (loss) | |||||||
23,413 | -4,226 | -7,750 | 321 | -3,044 | 0 | 0 | - |
Commodity derivatives unrealized gain | |||||||
- | - | - | - | - | 0 | 0 | -7,678 |
Interest expense, net of amounts capitalized | |||||||
0 | 11,842 | 0 | 0 | 97 | 0 | 4,247 | 2,338 |
Interest income | |||||||
99 | 363 | 192 | 82 | 47 | 38 | 56 | 4 |
Other income | |||||||
194 | 503 | 50 | - | - | - | - | - |
Change in fair value of derivative conversion liability | |||||||
- | - | - | - | - | - | -10,229 | - |
Total other income (expense) | |||||||
23,706 | -15,202 | -7,508 | 403 | -3,094 | 38 | -14,420 | -10,012 |
Income before income taxes | |||||||
297,989 | 142,383 | -219,083 | 43,867 | 16,451 | 11,792 | -11,600 | -10,794 |
Income tax expense | |||||||
37,967 | -99 | 106 | 15,014 | 6,870 | -332 | 0 | 0 |
Net Income (Loss) Attributable to Parent | |||||||
260,022 | 142,482 | -219,189 | 28,853 | 9,581 | 12,124 | -11,600 | -10,794 |
Net income per common share: | |||||||
Basic (in dollars per share) | |||||||
1.07 | 0.69 | -1.26 | 0.38 | 0.17 | 0.26 | -0.45 | -0.88 |
Diluted (in dollars per share) | |||||||
1.07 | 0.69 | -1.26 | 0.37 | 0.16 | 0.25 | -0.45 | -0.88 |
Weighted-average shares outstanding: | |||||||
Basic (in shares) | |||||||
242,308 | 206,167 | 173,774 | 76,214 | 57,089 | 46,587 | 26,009 | 12,213 |
Diluted (in shares) | |||||||
243,021 | 206,743 | 173,774 | 77,808 | 59,088 | 48,359 | 26,009 | 12,213 |