| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Revenues: | ||||||
Total revenue | ||||||
927,620 | 891,288 | 412,828 | 258,754 | 315,606 | ||
Operating expenses: | ||||||
Workover and maintenance expense | ||||||
- | - | - | 24,810 | 29,752 | ||
Depreciation, depletion and amortization | ||||||
345,931 | 288,719 | 157,352 | 124,689 | 212,689 | ||
Insurance | ||||||
- | - | - | - | 17,965 | ||
Production taxes | ||||||
- | - | - | - | 3,311 | ||
Write-down of oil and natural gas properties | ||||||
12,221 | - | - | - | 603,388 | ||
Accretion expense | ||||||
34,389 | 35,344 | 19,295 | 21,829 | 19,395 | ||
General and administrative expense | ||||||
77,209 | 85,816 | 36,673 | 28,686 | 35,662 | ||
Total operating expenses | ||||||
714,526 | 638,159 | 367,528 | 339,433 | 1,093,257 | ||
Operating income (expense) | ||||||
213,094 | 253,129 | 45,300 | -80,679 | -777,651 | ||
Interest expense | ||||||
97,847 | 90,114 | 80,934 | 70,415 | 51,544 | ||
Price risk management activities income (expense) | ||||||
-95,337 | 60,435 | -27,563 | -57,398 | 182,196 | ||
Other income (expense) | ||||||
2,678 | 1,012 | 329 | 405 | 314 | ||
Net income (loss) before income taxes | ||||||
22,588 | 224,462 | -62,868 | -208,087 | - | ||
Income tax benefit (expense) | ||||||
-36,141 | 2,922 | - | - | - | ||
Net income (loss) | ||||||
58,729 | 221,540 | -62,868 | -208,087 | -646,685 | ||
Net income (loss) per common share: | ||||||
Basic | ||||||
1.08 | 4.81 | -2.01 | -7.99 | -26.20 | ||
Diluted | ||||||
1.08 | 4.81 | -2.01 | -7.99 | -26.20 | ||
Weighted average common shares outstanding: | ||||||
Basic | ||||||
54,185 | 46,058 | 31,244 | 26,036 | 24 | ||
Diluted | ||||||
54,413 | 46,061 | 31,244 | 26,036 | 24 | ||
Oil Revenue | ||||||
Revenue | ||||||
833,118 | 781,815 | 344,781 | 197,583 | - | ||
Natural Gas Revenue | ||||||
Revenue | ||||||
55,278 | 73,610 | 48,886 | 42,705 | - | ||
NGL Revenue | ||||||
Revenue | ||||||
19,668 | 35,863 | 16,658 | 9,532 | - | ||
Other | ||||||
Revenue | ||||||
19,556 | - | 2,503 | 8,934 | - | ||
Oil and Gas Properties | ||||||
Lease operating expense | ||||||
243,427 | 226,291 | 152,748 | - | - | ||
Direct lease operating expense | ||||||
- | - | - | 124,360 | 171,095 | ||
Insurance | ||||||
- | - | - | 13,101 | 17,965 | ||
Production taxes | ||||||
1,349 | 1,989 | 1,460 | 1,958 | 3,311 | ||
Total lease operating expense | ||||||
- | - | - | 139,419 | 192,371 | ||