Northern Oil and Gas Quarterly Income Statements Chart
Quarterly
|
Annual
Northern Oil and Gas Quarterly Income Statements Table
Quarterly
|
Annual
Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-09-30 | 2008-08-08 | 2008-06-30 | 2008-03-31 | 2007-12-31 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and gas sales | 574,369,000 | 576,952,000 | 545,472,000 | 513,541,000 | 561,025,000 | 532,041,000 | 543,403,000 | 511,651,000 | 416,491,000 | 426,234,000 | 445,647,000 | 534,050,000 | 549,643,000 | 456,458,000 | 160,679,250 | 259,669,000 | 225,717,000 | 157,331,000 | 99,511,000 | 73,680,000 | 20,664,000 | 130,196,000 | 160,699,000 | 157,989,000 | 149,847,000 | 132,684,000 | 72,476,191 | 54,257,591 | 48,381,006 | 48,848,222 | 47,076,501 | 41,719,194 | 42,527,847 | 28,367,341 | 39,340,256 | 49,779,903 | 63,064,333 | 50,454,148 | 94,455,390 | 119,191,594 | 121,155,047 | 96,802,970 | 99,160,106 | 107,232,064 | 79,623,169 | 83,171,661 | 80,369,288 | 80,690,301 | 70,439,015 | 65,139,396 | 53,235,604 | 43,680,619 | 35,481,664 | 27,041,621 | -32,032,246 | 15,541,520 | 2,418,496 | 8,368,847 | 10,024,852 | 5,146,972 | 2,418,496 | 640,734 | 1,362,655 | 764,528 | 764,528 | 285,729 | |||||
gain on commodity derivatives | 128,819,000 | 21,761,000 | -34,224,000 | 238,150,000 | -3,428,000 | -138,531,000 | 247,372,000 | -199,548,000 | 57,769,000 | 153,656,000 | -75,267,000 | 257,590,000 | -489,388,000 | -116,252,500 | -128,163,000 | -200,912,000 | -135,935,000 | 69,395,500 | -26,361,000 | -72,638,000 | 376,581,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other revenues | 3,621,000 | 3,385,000 | 1,988,250 | 1,947,000 | 3,169,000 | 2,838,000 | 1,622,000 | 1,870,000 | 2,294,000 | 2,324,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenues | 706,809,000 | 602,098,000 | 514,977,000 | 753,638,000 | 560,766,000 | 396,348,000 | 793,517,000 | 313,973,000 | 476,554,000 | 582,214,000 | 370,379,000 | 791,640,000 | 441,446,000 | -32,930,000 | 319,190,000 | 131,507,000 | 24,805,000 | 21,397,000 | 50,075,000 | 47,322,000 | -51,971,000 | 506,785,000 | 59,013,000 | 233,883,000 | 186,440,000 | -6,934,000 | 443,195,914 | 102,269,220 | 66,845,899 | 66,613,463 | 37,002,277 | 41,598,659 | 64,901,882 | 65,816,847 | 35,943,627 | 45,109,408 | 32,014,226 | 31,836,236 | 56,913,028 | 101,156,552 | 40,863,194 | 76,124,638 | 257,522,192 | 180,777,489 | 74,602,013 | 82,125,307 | 101,928,914 | 69,784,200 | 96,161,803 | 81,746,794 | 60,095,613 | 119,207,601 | 30,600,721.25 | 69,050,038 | 50,826,098 | ||||||||||||||||
operating expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
production expenses | 121,430,000 | 114,040,000 | 116,583,000 | 106,902,000 | 100,859,000 | 105,447,000 | 102,062,000 | 82,506,000 | 84,350,000 | 78,088,000 | 73,017,000 | 68,478,000 | 64,642,000 | 54,540,000 | 50,571,000 | 43,236,000 | 42,699,000 | 34,312,000 | 28,204,000 | 24,159,000 | 26,638,000 | 37,335,000 | 35,753,000 | 32,347,000 | 26,132,000 | 24,666,000 | 21,447,799 | 18,160,937 | 14,548,922 | 12,488,422 | 13,315,459 | 12,605,513 | 12,137,540 | 11,674,348 | 11,718,227 | 10,920,651 | 11,081,973 | 11,959,260 | 11,776,670 | 12,567,423 | 13,564,801 | 14,199,090 | 16,267,992 | 14,717,257 | 13,033,322 | 11,677,429 | 11,348,752 | 11,471,867 | 10,397,171 | 8,641,210 | 9,841,763 | 8,734,636 | 7,292,253 | 6,513,348 | 4,500,872 | 3,910,859 | 2,615,546 | 2,016,356 | -1,907,572 | 1,084,769 | 119,751 | 332,330 | 518,614 | 236,362 | 119,751 | 94,389 | 18,078 | 8,020 | 8,020 | 13,492 | |
production taxes | 35,616,000 | 36,069,000 | 42,621,000 | 14,671,000 | 48,589,000 | 51,210,000 | 45,903,000 | 42,158,000 | 37,138,000 | 34,918,000 | 37,465,000 | 42,273,000 | 43,840,000 | 34,616,000 | 25,055,000 | 19,932,000 | 18,514,000 | 13,453,000 | 9,033,000 | 6,936,000 | 1,917,000 | 11,896,000 | 15,827,000 | 15,391,000 | 14,034,000 | 12,520,000 | 13,668,566 | 13,579,169 | 10,131,843 | 7,922,314 | 6,638,456 | 5,064,761 | 4,439,774 | 4,461,265 | 4,480,705 | 4,045,291 | 4,220,712 | 2,766,899 | 4,233,511 | 5,048,227 | 6,871,788 | 5,413,108 | 9,600,917 | 12,068,494 | 12,213,387 | 9,791,201 | 9,655,195 | 9,931,345 | 7,561,156 | 7,811,304 | 7,656,268 | 8,092,843 | 6,658,004 | 6,078,885 | 4,112,412 | 4,261,407 | 3,311,037 | 2,615,864 | -3,071,569 | 1,604,608 | 189,400 | 645,866 | |||||||||
general and administrative expenses | 15,628,000 | 14,481,000 | 15,527,000 | 10,005,000 | 13,538,000 | 11,393,000 | 9,553,000 | 11,846,000 | 12,402,000 | 13,000,000 | 2,398,145.25 | 4,674,467 | 3,251,239 | 1,666,875 | 3,977,950.5 | 7,985,719 | 4,317,139 | 3,608,943 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
legal settlement expense | 33,091,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depletion, depreciation, amortization and accretion | 205,741,000 | 205,690,000 | 204,674,000 | 185,657,000 | 176,612,000 | 173,958,000 | 151,188,000 | 133,791,000 | 106,427,000 | 94,618,000 | 77,316,000 | 65,975,000 | 54,796,000 | 53,185,000 | 42,815,000 | 35,885,000 | 30,908,000 | 31,221,000 | 32,770,000 | 30,786,000 | 36,756,000 | 61,809,000 | 63,410,000 | 55,566,000 | 46,091,000 | 45,134,000 | 48,294,929 | 30,258,089 | 22,596,028 | 18,630,629 | 17,631,875 | 15,357,685 | 13,682,452 | 12,828,143 | 13,523,186 | 13,698,020 | 16,176,863 | 17,846,089 | 24,140,489 | 31,670,479 | 36,745,805 | 45,213,039 | 48,924,598 | 45,646,232 | 42,212,250 | 36,100,921 | 38,927,575 | 32,103,607 | |||||||||||||||||||||||
impairment of oil and gas assets | 115,576,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other incomes | 3,561,000 | 2,537,000 | 2,937,000 | 2,463,000 | 2,232,000 | 2,019,000 | 767,000 | 1,234,000 | 1,446,000 | 1,001,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 530,643,000 | 372,817,000 | 382,342,000 | 319,698,000 | 341,830,000 | 344,027,000 | 309,473,000 | 271,535,000 | 241,763,000 | 221,625,000 | 202,844,000 | 187,004,000 | 171,342,000 | 156,154,000 | 128,904,000 | 104,543,000 | 99,725,000 | 85,768,000 | 178,831,000 | 265,975,000 | 832,737,000 | 115,911,000 | 73,838,750 | 112,784,000 | 94,200,000 | 88,371,000 | 39,477,233.5 | 66,672,662 | 50,528,032 | 40,708,240 | 27,040,821 | 41,013,678 | |||||||||||||||||||||||||||||||||||||||
income from operations | 176,166,000 | 229,281,000 | 132,635,000 | 433,940,000 | 218,936,000 | 52,321,000 | 484,044,000 | 42,438,000 | 234,791,000 | 360,589,000 | 167,534,000 | 604,637,000 | 270,104,000 | -189,084,000 | 190,286,000 | 26,964,000 | -74,920,000 | -64,371,000 | -128,756,000 | -218,653,000 | -884,708,000 | 390,875,000 | -62,525,000 | 121,100,000 | 92,239,000 | -95,305,000 | 354,808,839 | 35,596,558 | 16,317,867 | 25,905,223 | -3,659,512 | 584,981 | 30,324,977 | 33,244,148 | 2,485,838 | -29,473,638 | -92,932,518 | -109,384,536 | -156,199,167 | -307,167,002 | -302,539,733 | -353,482,367 | 177,804,166 | 103,646,534 | 3,162,235 | 20,558,066 | 37,490,831 | 12,113,046 | 47,729,052 | 20,664,069 | 33,396,741 | 5,719,299 | 75,193,800 | 14,827,160 | -110,618 | 45,971,022 | 33,722,408 | -12,332,582 | -13,236,673 | 1,724,336 | 837,639 | 2,624,578 | 1,803,304 | 2,325,657 | 666,167 | -468,798 | 716,698 | 188,041 | 188,041 | -283,546 | |
yoy | -19.54% | 338.22% | -72.60% | 922.53% | -6.75% | -85.49% | 188.92% | -92.98% | -13.07% | -290.70% | -11.96% | 2142.39% | -460.52% | 193.74% | -247.79% | -112.33% | -91.53% | -116.47% | 105.93% | -280.56% | -1059.15% | -510.13% | -117.62% | 240.20% | 465.26% | -467.90% | -9795.52% | 5985.08% | -46.19% | -22.08% | -247.21% | -101.98% | -132.63% | -130.39% | -101.59% | -90.40% | -69.28% | -69.06% | -187.85% | -396.36% | -9667.28% | -1819.43% | 374.26% | 755.66% | -93.37% | -0.51% | 12.26% | 111.79% | -36.53% | 39.37% | -30291.05% | -87.56% | 122.98% | -220.23% | -99.16% | 2566.01% | 3925.89% | -569.89% | -834.02% | -25.86% | 25.74% | -659.85% | 151.61% | 1136.78% | 254.27% | 65.33% | |||||
qoq | -23.17% | 72.87% | -69.43% | 98.20% | 318.45% | -89.19% | 1040.59% | -81.93% | -34.89% | 115.23% | -72.29% | 123.85% | -242.85% | -199.37% | 605.70% | -135.99% | 16.39% | -50.01% | -41.11% | -75.29% | -326.34% | -725.15% | -151.63% | 31.29% | -196.78% | -126.86% | 896.75% | 118.14% | -37.01% | -807.89% | -725.58% | -98.07% | -8.78% | 1237.34% | -108.43% | -68.28% | -15.04% | -29.97% | -49.15% | 1.53% | -14.41% | -298.80% | 71.55% | 3177.64% | -84.62% | -45.17% | 209.51% | -74.62% | 130.98% | -38.13% | 483.93% | -92.39% | 407.14% | -13503.93% | -100.24% | 36.32% | -373.44% | -6.83% | -867.64% | 105.86% | -68.08% | 45.54% | -22.46% | 249.11% | -242.10% | -165.41% | 281.14% | 0.00% | -166.32% | ||
operating margin % | 30.43% | 29.35% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 46,000 | 500,000 | 180,000 | 140,000 | 63,000 | 56,000 | 83,000 | 21,000 | 72,000 | 4,619,000 | -1,000 | -1,000 | -185,000 | -14,000 | 2,000 | 4,000 | 3,000 | -26,000 | 13,000 | 70,000 | 75,000 | -1,000 | 12,000 | 53,159 | 299,394 | 371,783 | 166,635 | 115,497 | 184 | 181 | 180 | -23,239 | 183 | 181 | 6,971 | -32,219 | 1,586 | 199 | 342 | 2,206 | 13,022 | 2,104 | 30,665 | -15,968 | -169,308 | -267,788 | 64 | -229,508 | 767,040 | 733,291 | -117,110 | -139,243 | -87,948 | -185,598 | 321,589 | -139,243 | -43,527 | 155,121 | 95,424 | 95,424 | 96,269 | ||||||||||
interest expense, net of capitalization | -44,435,000 | -43,850,000 | -45,259,000 | -36,837,000 | -37,696,000 | -37,925,000 | -36,513,000 | -37,040,000 | -31,968,000 | -30,143,000 | -23,808,000 | -20,135,000 | -18,410,000 | -17,977,000 | -15,900,000 | -14,586,000 | -15,024,000 | -13,510,000 | -13,358,000 | -14,637,000 | -13,957,000 | -16,551,000 | -20,393,000 | -21,510,000 | -17,778,000 | -19,548,000 | -20,057,024 | -20,438,025 | -22,403,373 | -23,106,761 | -20,881,740 | -16,672,632 | -16,428,164 | -16,303,805 | -16,195,176 | -16,145,440 | -16,046,325 | -16,098,682 | -16,081,987 | -16,154,160 | -14,387,693 | -11,736,547 | -11,255,996 | -10,624,246 | -10,326,789 | -9,898,968 | -9,568,575 | -9,212,834 | |||||||||||||||||||||||
gain on unsettled interest rate derivatives | 1,000 | -254,250 | -1,017,000 | 443,000 | -42,000 | 524,000 | 1,290,000 | 589,000 | 92,000 | 121,000 | 240,000 | -301,250 | 224,000 | -677,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other income | -44,388,000 | -43,494,000 | -44,796,000 | -36,717,000 | -37,633,000 | -37,869,000 | -36,430,000 | -37,019,000 | -27,965,000 | -19,706,000 | -22,493,000 | -19,839,000 | -17,835,000 | -16,687,000 | -15,325,000 | -14,410,000 | -15,643,000 | -25,986,000 | -13,367,000 | -14,351,000 | -14,492,000 | -22,755,000 | -45,411,000 | -26,719,000 | -47,840,000 | -11,857,000 | -136,571,576 | -16,617,985 | -112,864,565 | -22,940,126 | -21,759,193 | -16,672,448 | -16,523,118 | -16,303,625 | -16,218,415 | -16,145,257 | -16,046,144 | -17,181,218 | -16,114,206 | -16,152,574 | -14,387,494 | -11,736,205 | -11,253,790 | -10,611,224 | -10,324,685 | -9,868,303 | -9,584,543 | -9,382,142 | -8,087,379 | -6,107,936 | -5,720,981 | -5,205,716 | -2,727,404 | -195,899 | -160,170 | -180,800 | |||||||||||||||
income before income taxes | 131,778,000 | 185,787,000 | 87,839,000 | 397,223,000 | 181,303,000 | 14,452,000 | 447,614,000 | 5,419,000 | 206,826,000 | 340,883,000 | 145,042,000 | 584,798,000 | 252,269,000 | -205,771,000 | 174,961,000 | 12,554,000 | -90,563,000 | -90,357,000 | -142,123,000 | -233,004,000 | -899,200,000 | 368,120,000 | -107,937,000 | 94,381,000 | 44,399,000 | -107,162,000 | 218,237,263 | 18,978,573 | -96,546,698 | 2,965,097 | -25,418,705 | -16,087,467 | 13,801,859 | 16,940,523 | -13,732,577 | -45,618,895 | -108,978,662 | -126,565,754 | -172,313,373 | -323,319,576 | -316,927,227 | -365,218,572 | 166,550,376 | 93,035,310 | -7,162,450 | 10,689,763 | 27,906,288 | 2,730,904 | 39,641,673 | 14,556,133 | 27,675,760 | 513,583 | 72,466,396 | 14,631,261 | -270,788 | 45,790,222 | 33,492,900 | -11,565,542 | -12,503,382 | 1,607,226 | 698,396 | 2,536,630 | 1,617,706 | 2,647,246 | 526,924 | -512,325 | 871,819 | 283,465 | 283,465 | -187,277 | |
income tax expense | 32,193,000 | 46,805,000 | 42,746,000 | 2,846,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 99,585,000 | 138,982,000 | 71,699,000 | 298,446,000 | 138,556,000 | 11,606,000 | 388,853,000 | 26,111,000 | 167,815,000 | 340,191,000 | 145,068,000 | 583,465,000 | 251,264,000 | -206,560,000 | 174,728,000 | 12,554,000 | -90,563,000 | -90,357,000 | -142,123,000 | -233,004,000 | -899,200,000 | 368,286,000 | -107,937,000 | 94,381,000 | 44,399,000 | -107,162,000 | 218,292,263 | 18,978,573 | -96,546,698 | 2,965,097 | -23,848,689 | -16,087,467 | 13,801,859 | 16,940,523 | -12,330,398 | -45,618,895 | -108,978,662 | -126,565,754 | -172,313,323 | -323,242,032 | -250,060,617 | -229,738,572 | 103,583,376 | 57,985,310 | -4,412,450 | 6,589,763 | 17,400,902 | 1,702,904 | 25,011,673 | 8,951,519 | 19,552,532 | 300,161 | 43,626,396 | 8,805,911 | -1,380,788 | 28,617,222 | 20,432,900 | -7,057,842 | -6,243,382 | 987,226 | 418,396 | 1,559,630 | 1,210,706 | 1,588,246 | 315,924 | -307,325 | 871,819 | 283,465 | 283,465 | -187,277 | |
yoy | -28.13% | 1097.50% | -81.56% | 1042.99% | -17.44% | -96.59% | 168.05% | -95.52% | -33.21% | -264.69% | -16.97% | 4547.64% | -377.45% | 128.60% | -222.94% | -105.39% | -89.93% | -124.53% | 31.67% | -346.88% | -2125.27% | -443.67% | -149.45% | 397.30% | -145.99% | -3714.11% | -1015.32% | -217.97% | -799.52% | -82.50% | 93.41% | -64.74% | -112.66% | -113.38% | -92.84% | -85.89% | -56.42% | -44.91% | -266.35% | -657.46% | 5567.16% | -3586.29% | 495.28% | 3305.08% | -117.64% | -26.38% | -11.00% | 467.33% | -42.67% | 1.65% | -1516.04% | -98.95% | 113.51% | -224.77% | -77.88% | 2798.75% | 4783.63% | -552.53% | -615.68% | -37.84% | 32.44% | -607.49% | 38.87% | 460.30% | 11.45% | 64.10% | |||||
qoq | -28.35% | 93.84% | -75.98% | 115.40% | 1093.83% | -97.02% | 1389.23% | -84.44% | -50.67% | 134.50% | -75.14% | 132.21% | -221.64% | -218.22% | 1291.81% | -113.86% | 0.23% | -36.42% | -39.00% | -74.09% | -344.16% | -441.20% | -214.36% | 112.57% | -141.43% | -149.09% | 1050.20% | -119.66% | -3356.11% | -112.43% | 48.24% | -216.56% | -18.53% | -237.39% | -72.97% | -58.14% | -13.90% | -26.55% | -46.69% | 29.27% | 8.85% | -321.79% | 78.64% | -1414.13% | -166.96% | -62.13% | 921.84% | -93.19% | 179.41% | -54.22% | 6414.01% | -99.31% | 395.42% | -737.75% | -104.83% | 40.05% | -389.51% | 13.05% | -732.42% | 135.95% | -73.17% | 28.82% | -23.77% | 402.73% | -202.80% | -135.25% | 207.56% | 0.00% | -251.36% | ||
net income margin % | 13.18% | 17.43% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders | 99,585,000 | 388,853,000 | 26,111,000 | 167,815,000 | 340,191,000 | 133,291,000 | 580,855,000 | 238,091,000 | -224,533,000 | -44,880,250 | 8,949,000 | -94,282,000 | -94,188,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share – basic | 1,020 | 1,410 | 730 | 3,000 | 1,380 | 120 | 4,080 | 280 | 1,890 | 4,010 | 1,600 | 7,390 | 3,080 | -2,920 | 2,840 | 140 | -2,170 | 900 | -280 | 240 | 120 | -290 | 1.01 | 0.06 | -0.49 | 0.05 | -0.39 | -0.26 | 0.22 | 0.28 | -0.2 | -0.74 | -1.78 | -2.08 | -2.83 | -5.33 | -4.12 | -3.79 | 2,699.01 | 0.96 | -0.07 | 0.11 | 849.43 | 0.03 | 0.4 | 0.14 | 0.17 | 0.46 | |||||||||||||||||||||||
net income per common share – diluted | 1,000 | 1,390 | 720 | 2,960 | 1,360 | 110 | 4,060 | 280 | 1,880 | 3,980 | 2,000 | 6,770 | 2,740 | -2,920 | 2,840 | 130 | -2,170 | 740 | -280 | 240 | 120 | -290 | 1.01 | 0.06 | -0.49 | 0.05 | -0.39 | -0.26 | 0.22 | 0.27 | -0.2 | -0.74 | -1.78 | -2.08 | -2.83 | -5.33 | -4.12 | -3.79 | 2,689.01 | 0.95 | -0.07 | 0.11 | 849.44 | 0.03 | 0.39 | 0.14 | 0.17 | 0.46 | |||||||||||||||||||||||
weighted-average common shares outstanding – basic | 98,060,407,000 | 98,559,724,000 | 99,852,539,000 | 99,494,313,000 | 100,266,462,000 | 100,442,472,000 | 91,483,687,000 | 92,768,035,000 | 88,800,994,000 | 84,915,729,000 | 78,557,216,000 | 78,589,661,000 | 77,366,704,000 | 76,922,543,000 | 65,856,479,000 | 415,356,043,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding – diluted | 99,394,539,000 | 99,992,487,000 | 101,267,625,000 | 100,724,784,000 | 101,985,074,000 | 101,636,132,000 | 92,060,947,000 | 93,742,407,000 | 89,108,519,000 | 85,407,197,000 | 86,675,365,000 | 86,141,293,000 | 86,788,465,000 | 76,922,543,000 | 66,629,566,000 | 415,356,043,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on unsettled interest rate derivatives | -144,000 | -5,000 | -20,000 | -752,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on extinguishment of debt | 164,750 | 659,000 | 143,500 | 339,000 | 236,000 | -3,271,750 | -494,000 | -929,500 | 1,592,000 | 217,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration gain | 3,931,000 | 6,176,000 | -73,000 | 82,000 | 1,392,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | 36,092,250 | 98,777,000 | 4,753,000 | -20,691,000 | 692,000 | -27,000 | 1,333,000 | 1,006,000 | 789,000 | -166,000 | -50 | -77,544 | -66,866,610 | -2,750,000 | 5,825,350 | -4,507,700 | 977,000 | -205,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative preferred stock dividend | -1,366,000 | -2,610,000 | -2,810,000 | -3,016,000 | -3,607,000 | -3,605,000 | -3,719,000 | -3,830,000 | -4,280,000 | -3,718,000 | -3,788,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premium on repurchase of preferred stock | -10,411,000 | -10,363,000 | -14,957,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax provision | 39,012,000 | -135,480,000 | 62,967,000 | 35,050,000 | 4,100,000 | 10,505,386 | 1,028,000 | 14,630,000 | 5,604,614 | 8,719,693 | 213,422 | 28,840,000 | 1,110,000 | 17,173,000 | 13,060,000 | 1,357,500 | 620,000 | 280,000 | 264,750 | 1,059,000 | 211,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative expense | 8,038,750 | 10,278,000 | 8,064,000 | 13,813,000 | 4,969,500 | 5,490,000 | 7,604,000 | 6,782,000 | 3,546,250 | 4,605,000 | 4,710,000 | 4,871,000 | 3,876,500 | 4,206,000 | 5,250,000 | 6,051,000 | 3,735,671 | 2,098,293 | 4,586,275 | 4,337,402 | 5,817,992 | 4,614,771 | 4,256,436 | 4,352,806 | 4,924,519 | 4,698,972 | 3,980,819 | 3,997,690 | 4,506,561 | 4,164,335 | 3,915,298 | 3,988,806 | 4,076,304 | 9,467,711 | 4,419,607 | 4,681,378 | 3,510,897 | 4,073,988 | 2,749,418 | 3,290,589 | -3,151,293 | 1,624,071 | 519,014 | 893,671 | 1,555,946 | 896,877 | 555,316 | 568,635 | 355,103 | 410,736 | 410,736 | 507,883 | |||||||||||||||||||
loss on commodity derivatives | -108,197,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent consideration loss | -250,000 | -125,000 | -879,000 | -5,262,000 | -24,763,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | -12,594,000 | -5,527,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other revenue | 1,000 | 1,000 | 1,000 | 5,000 | 3,000 | 3,000 | 8,000 | 11,000 | 3,000 | 2,000 | 5,000 | 1,555 | 1,595 | 1,809 | 4,100 | 3,403 | 4,321 | 7,844 | 7,742 | 8,358 | 8,650 | 9,327 | 5,012 | 8,862 | 9,887 | 9,909 | 7,207 | 3,137 | 2,594 | 3,269 | 6,486 | 1,372 | 27,783 | 8,359 | 18,248 | 12,486 | 64,160 | 84,106 | 66,250 | 88,738 | 104,433 | 25,813 | 12,029 | 15,868 | 20,466 | ||||||||||||||||||||||||||
impairment expense | 104,463,000 | 199,489,000 | 762,716,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
write-off of debt issuance costs | -1,543,000 | -95,135 | -1,089,507 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share – basic* | -1,550 | -1,730 | -3,020 | -5,440 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share – diluted* | -1,550 | -1,730 | -3,020 | -5,440 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding – basic* | 60,694,795,000 | 54,538,099,000 | 43,517,074,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding – diluted* | 60,694,795,000 | 54,538,099,000 | 43,517,074,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of other current assets | -1,571,000 | 5,275,000 | 2,694,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt exchange derivative gain/ | 347,500 | -23,000 | -4,873,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common shareholders | -146,403,000 | -236,722,000 | -902,988,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt exchange derivative gain | 6,287,000 | 3,265,713 | 13,062,852 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding – basic | 62,989,543,000 | 403,662,541,000 | 387,084,651,000 | 396,044,887,000 | 378,368,462,000 | 371,448,566,000 | 236,206,457 | 300,517,497 | 196,140,610 | 65,215,148 | 62,408,855 | 61,843,377 | 61,643,862 | 61,446,156 | 61,173,547 | 61,237,627 | 61,180,313 | 60,964,029 | 60,652,447 | 60,679,257 | 60,644,635 | 60,556,180 | 60,691,701,000 | 60,559,827 | 60,504,781 | 61,203,725 | 62,364,957,000 | 62,426,341 | 62,973,916 | 62,857,322 | 62,485,836,000 | 61,789,289 | 61,919,641 | 61,686,463 | 63,000,113 | 31,920,747 | 51,519,732 | 34,582,282 | 44,098,553 | 36,705,267 | 36,769,195 | 34,582,282 | 34,223,925 | 33,834,283 | 30,864,339 | 30,864,339 | 28,849,731 | ||||||||||||||||||||||||
weighted-average shares outstanding – diluted | 62,989,543,000 | 497,265,647,000 | 387,084,651,000 | 396,530,767,000 | 378,724,511,000 | 371,448,566,000 | 236,773,911 | 301,755,419 | 196,140,610 | 65,382,772 | 62,408,855 | 61,843,377 | 61,885,952 | 61,972,123 | 61,173,547 | 61,237,627 | 61,180,313 | 60,964,029 | 60,652,447 | 60,679,257 | 60,644,635 | 60,556,180 | 60,860,769,000 | 60,736,502 | 60,504,781 | 61,446,274 | 62,747,298,000 | 62,758,378 | 63,358,152 | 63,316,301 | 62,869,079,000 | 62,265,502 | |||||||||||||||||||||||||||||||||||||||
gain on derivative instruments | -101,698,000 | 75,892,000 | 36,591,000 | -139,623,000 | 290,628,481 | -43,148,073 | -42,202,788 | -20,271,451 | -35,477,317 | -12,663,253 | 16,513,032 | 16,960,883 | -11,141,232 | 3,381,564 | -10,522,948 | 3,463,883 | 17,563,910 | 51,366,762 | -22,211,048 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on the extinguishment of debt | -22,762,000 | -425,000 | -73,054,861 | -9,542,206 | -90,832,975 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil, natural gas, and ngl sales | 85,335,847.5 | 145,415,698 | 109,046,878 | 86,880,814 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of oil and natural gas properties | 43,820,791 | 88,880,921 | 104,311,122 | 249,203,928.25 | 354,422,654 | 281,964,097 | 360,428,962 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total expenses | 34,576,905 | 32,572,699 | 33,457,789 | 74,583,046 | 124,946,744 | 141,220,772 | 213,112,195 | 408,323,554 | 343,402,927 | 429,607,005 | 79,718,026 | 77,130,955 | 71,439,778 | 61,567,241 | 64,438,083 | 57,671,154 | 48,432,751 | 47,234,013 | 48,350,053 | 54,376,314 | 44,013,801 | 35,695,832 | 27,096,826 | 23,079,016 | 17,103,690 | 14,859,331 | -15,778,556 | 8,159,485 | 1,437,445 | 4,596,936 | 1,608,917 | 1,127,066 | 645,957 | 576,487 | 576,487 | 570,575 | |||||||||||||||||||||||||||||||||||
gain on settled derivatives | 39,994,650 | -3,232,825 | -8,096,075 | 4,338,186 | 1,701,296 | -2,673,751.5 | -1,824,719 | -5,608,231 | -124,061 | 776,010 | -143,412 | -176,983 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses on the mark-to-market of derivative instruments | -14,331,367 | -7,859,683 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on settled derivatives | 17,221,349 | -7,017,599 | -11,248,770 | -6,817,980 | -498,817 | -371,283 | -1,094,885 | -5,335,597 | -3,262,056 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on the mark-to-market of derivative instruments | 145,842,316 | 68,600,900 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income | 15,040,656 | 57,985,310 | -4,412,450 | 6,589,763 | 8,916,524.5 | 1,702,904 | 25,011,673 | 8,951,519 | 8,868,220 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on the mark-to-market of derivative instruments | -35,307,533 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
the accompanying notes are an integral part of these financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on derivative instruments | -6,813,536.75 | -29,353,161 | 17,009,668 | -2,978,928 | -22,308,470 | 49,799,311 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reclassification of derivative instruments included in income | 15,577.25 | 62,309 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other comprehensive income | 15,577.25 | 62,309 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depletion of oil and gas properties | 26,435,050 | 26,668,171 | 17,945,473.5 | 27,952,585 | 25,519,809 | 18,309,500 | 14,852,963 | 10,749,384 | 8,349,600 | 6,863,479 | -7,574,238 | 3,767,712 | 548,124 | 1,883,605 | 3,315,179 | 935,804 | 719,596 | 381,654 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 92,867 | 94,275 | 105,774 | 104,830 | 102,307 | 97,089 | 83,932 | 75,597 | 70,295 | 68,313 | -44,137 | 60,300 | 22,777 | 24,630 | 68,876 | 22,918 | 22,777 | 22,679 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of discount on asset retirement obligations | 31,209 | 30,247 | 24,838 | 23,709 | 21,821 | 15,632 | 35,750 | 7,781 | 7,794 | 4,730 | -29,747 | 18,025 | 2,077 | 3,537 | 6,776 | 1,306 | 2,077 | 1,394 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -7,819,591 | -6,108,000 | -5,744,775 | -5,205,822 | -2,728,104 | -196,299 | -160,295 | -182,499 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized loss on derivative instruments | -14,910,655 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenue | 67,898,082 | 50,522,992 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
yoy | 34.39% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income, net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | -206 | 106 | 700 | 400 | 125 | 1,699 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on available for sale securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income, net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gains on marketable securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on mark-to-market of derivative instruments | -9,364,913 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized losses on marketable securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share - basic | 0.14 | 0.33 | -0.11 | -0.1 | 0.02 | 0.01 | 0.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share - diluted | 0.14 | 0.33 | -0.11 | -0.11 | 0.02 | 0.01 | 0.04 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding - basic | 62,239,237 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding - diluted | 62,670,156 | 62,195,340 | 62,053,888 | 63,000,113 | 32,653,552 | 52,145,181 | 34,741,036 | 44,544,469 | 36,877,070 | 36,941,573 | 34,741,036 | 34,223,925 | 34,414,987 | 34,379,541 | 34,379,541 | 28,849,731 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
mark-to-market gain of derivative instruments | 6,668,750.75 | 27,105,400 | 20,848,232 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
the accompanying notes are an integral part of these condensed financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mark-to-market of derivative instruments | -21,278,629 | -797,298.5 | -6,449,577 | -990,816 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
the accompanying notes are an integral part of these condensed unaudited financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share based compensation | 36,302 | 813,297 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
*see note 2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on derivatives | -72,750 | -291,000 | -143,412 | 17,534 | 1,300 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
severance taxes | 109,262 | 437,048 | 189,400 | 58,315 | 69,673 | 38,242 | 38,242 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share - basic and diluted | 0.01 | 0.04 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share – basic and diluted | 0.01 | -0.01 | 0.03 | 0.01 | 0.01 | -0.01 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depletion and depreciation | 203,103 | 119,489 | 119,489 | 49,200 |
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