W&T Offshore, Inc(NYSE:WTI) 
W&T Offshore, Inc., an independent oil and natural gas producer, engages in the acquisition, exploration, and development of oil and natural gas properties in the Gulf of Mexico. The company sells crude oil, natural gas liquids, and natural gas. It holds working interest in approximately 43 offshore...
Website: http://www.wtoffshore.com
Founded: 1983
Full Time Employees: 291
Sector: Energy
Industry: Oil & Gas E&P
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 2018-09-30 | 2018-06-30 | 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 | 2011-09-30 | 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 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil | 90,103,000 | 75,984,000 | 84,131,000 | 80,014,000 | 87,716,000 | 86,778,000 | 90,862,000 | 110,965,000 | 107,015,000 | 94,076,000 | 100,331,000 | 89,982,000 | 97,000,000 | 111,748,000 | 130,560,000 | 159,264,000 | 122,702,000 | 89,139,000 | 74,265,000 | 88,013,000 | 78,140,000 | 54,535,000 | 46,589,000 | 30,645,000 | 84,650,000 | 101,106,000 | 102,786,000 | 109,195,000 | 119,482,000 | 116,618,000 | 108,079,000 | 81,527,000 | 185,424,000 | 170,705,000 | 168,678,000 | 197,564,000 | 153,838,000 | 169,974,000 | ||||||||||||||||||||||||||||||||||||||||||||
ngls | 6,911,000 | 6,884,000 | 4,000,000 | 4,715,000 | 4,772,000 | 6,713,000 | 5,636,000 | 8,160,000 | 7,469,000 | 6,851,000 | 7,415,000 | 10,385,000 | 7,795,000 | 9,534,000 | 16,875,000 | 16,735,000 | 13,820,000 | 13,946,000 | 12,205,000 | 8,833,000 | 9,359,000 | 6,268,000 | 4,464,000 | 1,917,000 | 6,452,000 | 6,912,000 | 4,373,000 | 4,640,000 | 10,087,000 | 8,734,000 | 7,831,000 | 7,446,000 | 20,566,000 | 20,022,000 | 15,800,000 | 18,327,000 | 25,941,000 | 26,384,000 | ||||||||||||||||||||||||||||||||||||||||||||
natural gas | 49,887,000 | 36,637,000 | 37,400,000 | 34,802,000 | 35,109,000 | 24,203,000 | 23,148,000 | 21,910,000 | 21,616,000 | 29,401,000 | 32,515,000 | 23,438,000 | 24,804,000 | 66,379,000 | 113,673,000 | 92,413,000 | 51,366,000 | 59,933,000 | 45,137,000 | 32,470,000 | 36,209,000 | 29,423,000 | 19,213,000 | 21,364,000 | 29,300,000 | 41,256,000 | 23,686,000 | 19,567,000 | 22,641,000 | 22,977,000 | 31,485,000 | 37,175,000 | 56,105,000 | 63,338,000 | 49,994,000 | 42,937,000 | 35,683,000 | 38,436,000 | 61,174,000 | 50,918,000 | ||||||||||||||||||||||||||||||||||||||||||
other | 3,118,000 | 2,208,000 | 1,984,000 | 2,836,000 | 2,270,000 | 2,651,000 | 1,726,000 | 1,722,000 | 4,687,000 | 2,012,000 | 2,150,000 | 2,376,000 | 2,126,000 | 2,039,000 | 5,377,000 | 5,396,000 | 3,116,000 | 2,571,000 | 2,339,000 | 3,512,000 | 1,939,000 | 4,522,000 | 2,251,000 | 1,315,000 | 3,726,000 | 2,620,000 | 1,376,000 | 1,299,000 | 1,249,000 | 1,283,000 | 1,671,000 | 1,759,000 | 899,000 | 451,000 | 911,000 | 394,000 | 51,000 | 1,092,000 | 228,000 | 450,000 | 62,000 | -4,000 | 38,000 | 82,000 | 2,000 | 40,000 | 70,000 | 114,000 | 348,000 | |||||||||||||||||||||||||||||||||
total revenues | 150,019,000 | 121,713,000 | 127,515,000 | 122,367,000 | 129,867,000 | 120,345,000 | 121,372,000 | 142,757,000 | 140,787,000 | 132,340,000 | 142,411,000 | 126,181,000 | 131,725,000 | 189,700,000 | 266,485,000 | 273,808,000 | 191,004,000 | 165,589,000 | 133,946,000 | 132,828,000 | 125,647,000 | 94,748,000 | 72,517,000 | 55,241,000 | 124,128,000 | 151,894,000 | 132,221,000 | 134,701,000 | 153,459,000 | 149,612,000 | 149,066,000 | 127,907,000 | 262,994,000 | 254,516,000 | 235,383,000 | 259,222,000 | 215,513,000 | 235,886,000 | 245,371,000 | 210,855,000 | 246,539,000 | 264,384,000 | 213,431,000 | 165,796,000 | 162,130,000 | 152,860,000 | 153,425,000 | 149,779,000 | 129,072,000 | |||||||||||||||||||||||||||||||||
yoy | 15.52% | 1.14% | 5.06% | -14.28% | -7.76% | -9.06% | -14.77% | 13.14% | 6.88% | -30.24% | -46.56% | -53.92% | -31.04% | 14.56% | 98.95% | 106.14% | 52.02% | 74.77% | 84.71% | 140.45% | 1.22% | -37.62% | -45.15% | -58.99% | -19.11% | 1.53% | -43.32% | -49.75% | 11.73% | -1.82% | 9.22% | 9.89% | 2.21% | 52.06% | 72.96% | 39.11% | 10.69% | 25.61% | ||||||||||||||||||||||||||||||||||||||||||||
qoq | 23.26% | -4.55% | 4.21% | -5.78% | 7.91% | -0.85% | -14.98% | 1.40% | 6.38% | -7.07% | 12.86% | -4.21% | -30.56% | -28.81% | -2.67% | 43.35% | 15.35% | 23.62% | 0.84% | 5.72% | 32.61% | 30.66% | 31.27% | -55.50% | -18.28% | 14.88% | -1.84% | -12.22% | 2.57% | 16.54% | 3.33% | -9.20% | -8.64% | -3.87% | -6.75% | 23.87% | 28.73% | 2.26% | 6.06% | -0.37% | 2.43% | 16.04% | ||||||||||||||||||||||||||||||||||||||||
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease operating expenses | 66,114,000 | 74,630,000 | 76,215,000 | 76,924,000 | 71,012,000 | 64,259,000 | 72,412,000 | 73,987,000 | 70,830,000 | 64,643,000 | 61,826,000 | 66,021,000 | 65,186,000 | 69,017,000 | 59,010,000 | 52,976,000 | 43,411,000 | 45,183,000 | 39,490,000 | 47,552,000 | 42,357,000 | 43,332,000 | 36,437,000 | 28,313,000 | 54,775,000 | 53,299,000 | 47,185,000 | 40,341,000 | 37,430,000 | 35,582,000 | 36,921,000 | 35,134,000 | 31,519,000 | 40,164,000 | 33,788,000 | 37,520,000 | 36,622,000 | 44,469,000 | 49,265,000 | 45,039,000 | 45,130,000 | 53,331,000 | 75,635,000 | 71,732,000 | 61,765,000 | 55,617,000 | 75,904,000 | 67,346,000 | 68,248,000 | 59,341,000 | 61,911,000 | 53,411,000 | 60,276,000 | 56,663,000 | 58,899,000 | 48,597,000 | 52,405,000 | 47,476,000 | 34,371,000 | 52,457,000 | 35,366,000 | 45,791,000 | 53,820,000 | 54,080,000 | 45,056,000 | 73,193,000 | 52,403,000 | 54,329,000 | 49,822,000 | 65,604,000 | 51,627,000 | 51,157,000 | 61,663,000 | |||||||||
gathering, transportation and production taxes | 8,654,000 | 8,767,000 | 5,818,000 | 5,499,000 | 5,659,000 | 5,912,000 | 6,147,000 | 8,578,000 | 7,540,000 | 6,620,000 | 6,692,000 | 6,802,000 | 6,136,000 | 8,481,000 | 12,199,000 | 9,181,000 | 5,267,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, depletion, and amortization | 27,265,000 | 28,488,000 | 28,580,000 | 26,446,000 | 32,891,000 | 38,208,000 | 34,206,000 | 36,674,000 | 33,937,000 | 33,658,000 | 30,218,000 | 28,177,000 | 22,624,000 | 27,274,000 | 27,493,000 | 27,679,000 | 24,675,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset retirement obligations accretion | 8,517,000 | 8,306,000 | 8,002,000 | 8,681,000 | 8,392,000 | 8,157,000 | 7,848,000 | 8,400,000 | 7,969,000 | 7,377,000 | 6,414,000 | 7,717,000 | 7,510,000 | 6,972,000 | 6,620,000 | 6,681,000 | 6,236,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative expenses | 24,833,000 | 20,618,000 | 21,510,000 | 17,670,000 | 20,157,000 | 20,799,000 | 19,723,000 | 21,354,000 | 20,515,000 | 18,251,000 | 19,978,000 | 17,393,000 | 19,919,000 | 21,957,000 | 23,047,000 | 14,967,000 | 13,776,000 | 14,310,000 | 13,391,000 | 13,986,000 | 10,712,000 | 7,678,000 | 14,476,000 | 5,628,000 | 13,963,000 | 17,564,000 | 10,106,000 | 13,328,000 | 15,990,000 | 14,220,000 | 14,365,000 | 15,631,000 | 16,474,000 | 13,274,000 | 14,370,000 | 12,692,000 | 16,235,000 | 16,443,000 | 16,072,000 | 16,515,000 | 19,757,000 | 20,766,000 | 22,722,000 | 21,007,000 | 19,682,000 | 23,588,000 | 20,895,000 | 20,024,000 | 19,868,000 | 21,087,000 | 19,224,000 | 18,691,000 | 14,623,000 | 29,479,000 | 18,104,000 | 18,002,000 | 18,129,000 | 15,147,000 | 13,389,000 | 14,375,000 | 10,379,000 | 11,065,000 | 9,758,000 | 10,731,000 | 11,436,000 | 12,931,000 | 10,657,000 | 11,062,000 | 12,575,000 | 9,613,000 | 9,952,000 | 10,111,000 | 13,884,000 | |||||||||
total operating expenses | 135,383,000 | 140,809,000 | 140,125,000 | 135,220,000 | 138,111,000 | 137,335,000 | 140,336,000 | 148,993,000 | 140,791,000 | 130,549,000 | 125,128,000 | 126,110,000 | 121,375,000 | 133,701,000 | 128,369,000 | 111,484,000 | 93,365,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | 14,636,000 | -19,096,000 | -12,610,000 | -12,853,000 | -8,244,000 | -16,990,000 | -18,964,000 | -6,236,000 | -4,000 | 1,791,000 | 17,283,000 | 71,000 | 10,350,000 | 55,999,000 | 138,116,000 | 162,324,000 | 97,639,000 | 247,452,000 | -24,956,000 | -47,882,000 | 15,048,000 | 349,000 | -19,510,000 | -28,041,000 | 71,811,000 | 16,847,000 | 35,399,000 | 37,379,000 | 57,147,000 | 48,467,000 | 33,166,000 | 15,700,000 | 32,888,000 | 28,196,000 | 21,319,000 | -58,276,000 | -126,997,000 | -166,614,000 | -60,816,000 | -468,573,000 | -278,806,000 | -337,508,000 | -30,543,000 | 20,983,000 | 34,405,000 | 37,225,000 | 620,000 | 31,965,000 | 53,823,000 | 60,321,000 | 46,736,000 | 7,560,000 | 99,100,000 | 15,913,000 | 95,333,000 | 115,643,000 | 37,548,000 | 34,053,000 | 36,847,000 | 40,178,000 | 55,711,000 | 21,095,000 | 7,322,000 | -3,769,000 | -244,507,000 | -1,266,555,000 | 121,828,000 | 210,097,000 | 127,485,000 | 76,416,000 | 61,907,000 | 80,363,000 | 30,563,000 | 70,194,000 | 105,772,000 | 57,306,000 | 84,342,000 | 76,571,000 | 80,518,000 | 71,091,000 | 60,245,000 | |
yoy | -277.54% | 12.40% | -33.51% | 106.11% | 206000.00% | -1048.63% | -209.73% | -8883.10% | -100.04% | -96.80% | -87.49% | -99.96% | -89.40% | -77.37% | -653.44% | -439.01% | 548.85% | 70803.15% | 27.91% | 70.76% | -79.04% | -97.93% | -155.11% | -175.02% | 25.66% | -65.24% | 6.73% | 138.08% | 73.76% | 71.89% | 55.57% | -126.94% | -125.90% | -116.92% | -135.05% | -87.56% | -54.45% | -50.63% | 99.12% | -2333.11% | -910.36% | -1006.67% | -5026.29% | -34.36% | -36.08% | -38.29% | -98.67% | 322.82% | -45.69% | 279.07% | -50.98% | -93.46% | 163.93% | -53.27% | 158.73% | 187.83% | -32.60% | 61.43% | 403.24% | -1166.01% | -122.79% | -101.67% | -93.99% | -101.79% | -291.79% | -1757.45% | 96.79% | 161.43% | 317.12% | 8.86% | -41.47% | 40.23% | -63.76% | -8.33% | 31.36% | -19.39% | 40.00% | |||||
qoq | -176.64% | 51.44% | -1.89% | 55.91% | -51.48% | -10.41% | 204.11% | 155800.00% | -100.22% | -89.64% | 24242.25% | -99.31% | -81.52% | -59.46% | -14.91% | 66.25% | -60.54% | -1091.55% | -47.88% | -418.20% | 4211.75% | -101.79% | -30.42% | -139.05% | 326.25% | -52.41% | -5.30% | -34.59% | 17.91% | 46.13% | 111.25% | -52.26% | 16.64% | 32.26% | -136.58% | -54.11% | -23.78% | 173.96% | -87.02% | 68.06% | -17.39% | 1005.03% | -245.56% | -39.01% | -7.58% | 5904.03% | -98.06% | -40.61% | -10.77% | 29.07% | 518.20% | -92.37% | 522.76% | -83.31% | -17.56% | 207.99% | 10.26% | -7.58% | -8.29% | -27.88% | 164.10% | 188.10% | -294.27% | -98.46% | -80.70% | -1139.63% | -42.01% | 64.80% | 66.83% | 23.44% | -22.97% | 162.94% | -56.46% | -33.64% | 84.57% | -32.06% | 10.15% | -4.90% | 13.26% | 18.00% | ||
operating margin % | 9.76% | -15.69% | -9.89% | -10.50% | -6.35% | -14.12% | -15.62% | -4.37% | -0.00% | 1.35% | 12.14% | 0.06% | 7.86% | 29.52% | 51.83% | 59.28% | 51.12% | 149.44% | -18.63% | -36.05% | 11.98% | 0.37% | -26.90% | -50.76% | 57.85% | 11.09% | 26.77% | 27.75% | 37.24% | 32.40% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -187.04% | -263.87% | -Infinity% | Infinity% | 13.08% | 14.63% | Infinity% | Infinity% | 22.87% | 23.27% | Infinity% | Infinity% | 45.98% | 6.75% | 38.85% | Infinity% | 17.81% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | 12.40% | 26.55% | 49.56% | 34.56% | 52.02% | 50.09% | 52.48% | 47.46% | 46.68% | |
interest expense | 9,186,000 | 9,000,000 | 8,998,000 | 9,005,000 | 9,492,000 | 10,226,000 | 9,992,000 | 10,164,000 | 10,072,000 | 9,729,000 | 9,925,000 | 10,323,000 | 14,713,000 | 14,526,000 | 16,849,000 | 18,183,000 | 19,883,000 | 19,575,000 | 18,910,000 | 16,530,000 | 15,034,000 | 15,402,000 | 14,135,000 | 14,816,000 | 17,110,000 | 16,635,000 | 14,445,000 | 12,207,000 | 11,630,000 | 12,147,000 | -2,628,500 | -9,876,000 | -333,000 | -305,000 | -279,000 | -263,000 | -257,000 | -346,000 | ||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 15,015,000 | 2,031,000 | 20,663,000 | 2,926,000 | 2,806,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative loss | 24,513,000 | -12,047,000 | 2,757,000 | 2,374,000 | -13,199,000 | -1,491,000 | -829,000 | -39,240,000 | -24,359,000 | 38,749,000 | -8,854,000 | 79,997,000 | -3,843,000 | 73,137,000 | 81,440,000 | 24,578,000 | 11,529,000 | 11,161,000 | 15,414,000 | -1,805,000 | -1,191,250 | 2,879,000 | 4,942,000 | 1,078,000 | 7,492,000 | 1,546,500 | 15,659,000 | 3,368,000 | 39,634,000 | -5,896,000 | 460,000 | 392,000 | 23,767,000 | 12,304,000 | 302,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other expense | 831,000 | -2,707,000 | -2,017,000 | 13,455,000 | -316,000 | -4,118,000 | 15,709,000 | 1,250,000 | 5,230,000 | 3,772,000 | 1,927,000 | -311,000 | 233,000 | 15,524,000 | -600,000 | -1,534,000 | -7,129,000 | 963,000 | 753,000 | 751,000 | 751,000 | 478,000 | 1,268,250 | -41,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | -19,894,000 | -25,194,000 | -15,483,000 | -23,266,000 | -35,192,000 | -25,211,000 | -41,466,000 | -20,024,000 | -10,429,000 | 1,489,000 | 6,922,000 | -9,112,000 | 34,644,000 | 50,308,000 | 83,118,000 | 154,529,000 | -3,146,000 | 59,693,000 | -43,866,000 | -64,412,000 | -1,271,993,000 | 117,202,000 | 205,089,000 | 121,220,000 | 71,881,000 | 55,166,000 | 68,667,000 | 20,045,000 | 59,804,000 | 102,145,000 | 58,740,000 | 85,664,000 | 77,704,000 | 81,099,000 | 71,199,000 | 60,024,000 | ||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | 2,636,000 | 1,933,000 | 55,991,000 | -4,615,000 | -1,849,000 | -4,545,000 | -4,636,000 | 1,045,000 | 1,932,000 | 4,777,000 | 2,997,000 | 8,639,000 | 6,859,000 | 16,397,000 | 31,093,000 | -203,000 | 6,499,000 | -11,695,000 | -2,769,750 | 5,484,000 | 3,206,250 | 904,000 | 5,273,000 | 6,648,000 | 12,423,000 | 14,902,000 | 34,153,000 | 1,981,000 | 28,822,000 | 29,837,000 | 10,182,000 | 4,020,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net income | -22,530,000 | -27,127,000 | -71,474,000 | -20,884,000 | -30,577,000 | -23,362,000 | -36,921,000 | -15,388,000 | -11,474,000 | -443,000 | 2,145,000 | -12,109,000 | 26,005,000 | 43,449,000 | 66,721,000 | 123,436,000 | -2,457,000 | 48,904,000 | -37,964,000 | -51,672,000 | -746,000 | -8,947,000 | -13,339,000 | -5,904,000 | 65,980,000 | 9,559,000 | 75,899,000 | 36,389,000 | 46,260,000 | 36,083,000 | 23,365,000 | -1,297,000 | 33,315,000 | 24,299,000 | 16,483,000 | 45,928,000 | -120,922,000 | -190,509,000 | -51,606,000 | -477,568,000 | -260,449,000 | -255,095,000 | -33,371,000 | 684,000 | 9,837,000 | 11,189,000 | -11,886,000 | 14,194,000 | 22,396,000 | 26,618,000 | 16,669,000 | -1,471,000 | 53,567,000 | 3,218,000 | 52,928,000 | 55,175,000 | 18,649,000 | 20,519,000 | 27,188,000 | 27,870,000 | 42,315,000 | 50,114,000 | -1,322,000 | -5,974,000 | -230,737,000 | -851,416,000 | 78,181,000 | 134,610,000 | 79,806,000 | 49,410,000 | 36,340,000 | 45,521,000 | 13,029,000 | 38,107,000 | 66,701,000 | 38,465,000 | 55,831,000 | 50,857,000 | 53,102,000 | 45,782,000 | 39,282,000 | |
yoy | -26.32% | 16.12% | 93.59% | 35.72% | 166.49% | 5173.59% | -1821.26% | 27.08% | -144.12% | -101.02% | -96.79% | -109.81% | -1158.40% | -11.15% | -275.75% | -338.88% | 229.36% | -646.60% | 184.61% | 775.20% | -101.13% | -193.60% | -117.57% | -116.22% | 42.63% | -73.51% | 224.84% | -2905.63% | 38.86% | 48.50% | 41.75% | -102.82% | -127.55% | -112.75% | -131.94% | -109.62% | -53.57% | -25.32% | 54.64% | -69919.88% | -2747.65% | -2379.87% | 180.76% | -95.18% | -56.08% | -57.96% | -171.31% | -1064.92% | -58.19% | 727.16% | -68.51% | -102.67% | 187.24% | -84.32% | 94.67% | 97.97% | -55.93% | -59.06% | -2156.58% | -566.52% | -118.34% | -105.89% | -101.69% | -104.44% | -389.12% | -1823.17% | 115.14% | 195.71% | 512.53% | 29.66% | -45.52% | 18.34% | -76.66% | -25.07% | 25.61% | -15.98% | 42.13% | |||||
qoq | -16.95% | -62.05% | 242.24% | -31.70% | 30.88% | -36.72% | 139.93% | 34.11% | 2490.07% | -120.65% | -117.71% | -146.56% | -40.15% | -34.88% | -45.95% | -5123.85% | -105.02% | -228.82% | -26.53% | 6826.54% | -91.66% | -32.93% | 125.93% | -108.95% | 590.24% | -87.41% | 108.58% | -21.34% | 28.20% | 54.43% | -1901.46% | -103.89% | 37.10% | 47.42% | -64.11% | -137.98% | -36.53% | 269.16% | -89.19% | 83.36% | 2.10% | 664.42% | -4978.80% | -93.05% | -12.08% | -194.14% | -183.74% | -36.62% | -15.86% | 59.69% | -1233.17% | -102.75% | 1564.61% | -93.92% | -4.07% | 195.86% | -9.11% | -24.53% | -2.45% | -34.14% | -15.56% | -3890.77% | -77.87% | -97.41% | -72.90% | -1189.03% | -41.92% | 68.67% | 61.52% | 35.97% | -20.17% | 249.38% | -65.81% | -42.87% | 73.41% | -31.10% | 9.78% | -4.23% | 15.99% | 16.55% | ||
net income margin % | -15.02% | -22.29% | -56.05% | -17.07% | -23.54% | -19.41% | -30.42% | -10.78% | -8.15% | -0.33% | 1.51% | -9.60% | 19.74% | 22.90% | 25.04% | 45.08% | -1.29% | 29.53% | -28.34% | -38.90% | -0.59% | -9.44% | -18.39% | -10.69% | 53.15% | 6.29% | 57.40% | 27.01% | 30.14% | 24.12% | Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -174.72% | -199.44% | -Infinity% | Infinity% | 3.74% | 4.40% | -Infinity% | Infinity% | 9.51% | 10.27% | Infinity% | -Infinity% | 24.86% | 1.36% | 21.57% | Infinity% | 8.84% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | Infinity% | 5.28% | 14.41% | 31.25% | 23.20% | 34.44% | 33.27% | 34.61% | 30.57% | 30.43% | |
net loss per common share | -150 | -207.5 | -480 | -140 | -210 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding | 148,778,000 | 148,589,000 | 147,847,000 | 147,598,000 | 75,239,000 | 74,354,000 | 73,685,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative gain | -195,000 | -4,108,000 | -1,425,500 | -3,199,000 | -4,877,000 | -3,955,000 | -2,493,000 | -12,840,000 | 23,840,000 | -2,125,000 | 4,770,000 | 1,174,250 | 3,845,000 | 21,450,000 | 2,809,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -2,382,000 | -689,000 | 10,789,000 | -5,902,000 | -12,740,000 | -5,823,500 | -21,057,000 | -8,736,000 | 142,000 | 112,000 | -8,975,000 | -7,588,000 | 1,017,000 | -3,789,000 | -35,722,000 | -4,882,000 | -36,756,000 | -18,520,000 | -44,134,000 | -103,574,000 | 8,839,500 | 8,033,000 | 8,489,750 | -2,175,000 | 4,135,000 | 669,000 | 3,077,000 | -39,059,000 | -539,000 | -10,521,000 | -23,992,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | -160 | -250 | -100 | -80 | 10 | -80 | 180 | 310 | 460 | 860 | -20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | -160 | -250 | -100 | -80 | 10 | -80 | 170 | 290 | 460 | 850 | -20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 148,207,000 | 147,133,000 | 147,206,000 | 146,943,000 | 146,857,000 | 146,483,000 | 146,483,000 | 146,452,000 | 146,418,000 | 143,143,000 | 143,116,000 | 143,020,000 | 142,942,000 | 142,271,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 148,207,000 | 147,133,000 | 147,206,000 | 146,943,000 | 146,857,000 | 148,302,000 | 151,459,000 | 146,452,000 | 148,726,000 | 145,090,000 | 145,882,000 | 144,525,000 | 142,942,000 | 142,271,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding | 148,778,000 | 148,589,000 | 147,847,000 | 147,598,000 | 75,239,000 | 74,354,000 | 73,685,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 148,207,000 | 147,133,000 | 147,206,000 | 146,943,000 | 146,857,000 | 146,483,000 | 146,483,000 | 146,452,000 | 146,418,000 | 143,143,000 | 143,116,000 | 143,020,000 | 142,942,000 | 142,271,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 148,207,000 | 147,133,000 | 147,206,000 | 146,943,000 | 146,857,000 | 148,302,000 | 151,459,000 | 146,452,000 | 148,726,000 | 145,090,000 | 145,882,000 | 144,525,000 | 142,942,000 | 142,271,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 905,000 | 723,000 | 341,000 | 555,000 | -885,000 | 125,000 | 5,168,000 | 191,000 | -7,729,000 | -73,000 | -24,000 | 1,306,000 | 2,016,000 | 964,000 | 3,000 | 197,000 | -1,000 | 9,062,000 | 5,000 | 202,000 | 9,000 | 158,000 | 150,000 | 354,000 | 128,000 | 80,000 | 39,000 | 218,000 | 505,000 | 4,101,000 | 4,140,000 | 2,691,000 | 2,440,000 | 3,896,000 | 1,567,000 | 528,000 | 413,000 | |||||||||||||||||||||||||||||||||||||||||||||
operating costs and expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
production taxes | 3,522,000 | 2,600,000 | 1,956,000 | 1,996,000 | 1,593,000 | 1,266,000 | 1,143,000 | 916,000 | 1,203,000 | 588,000 | 317,000 | 432,000 | 439,000 | 436,000 | 340,000 | 449,000 | 515,000 | 511,000 | 482,000 | 370,000 | 526,000 | 476,000 | 889,000 | 1,000,000 | 637,000 | 2,304,000 | 1,794,000 | 1,842,000 | 1,992,000 | 1,760,000 | 1,807,000 | 1,780,000 | 1,789,000 | 1,666,000 | 1,353,000 | 1,335,000 | 1,485,000 | 1,050,000 | 845,000 | 288,000 | 406,000 | 276,000 | 283,000 | 229,000 | 80,000 | 174,000 | 580,000 | 710,000 | 794,000 | 2,671,000 | 3,170,000 | 2,192,000 | 2,064,000 | 1,263,000 | 1,211,000 | 1,383,000 | 1,010,000 | 369,000 | 127,000 | 50,000 | 81,000 | 184,000 | 188,000 | 259,000 | ||||||||||||||||||
gathering and transportation | 4,710,000 | 3,993,000 | 4,824,000 | 4,319,000 | 3,719,000 | 3,560,000 | 3,301,000 | 5,449,000 | 6,504,000 | 5,955,000 | 7,068,000 | 5,779,000 | 4,928,000 | 4,806,000 | 4,108,000 | 5,318,000 | 6,209,000 | 6,277,000 | 5,161,000 | 6,398,000 | 5,092,000 | 3,968,000 | 3,572,000 | 4,793,000 | 4,824,000 | 6,425,000 | 4,115,000 | 3,985,000 | 5,296,000 | 4,847,000 | 3,611,000 | 4,608,000 | 4,444,000 | 3,738,000 | 2,810,000 | 4,110,000 | 4,221,000 | 4,853,000 | 3,797,000 | 4,553,000 | 3,564,000 | 4,607,000 | 3,726,000 | 4,587,000 | 3,219,000 | 4,050,000 | 3,755,000 | 2,595,000 | 1,037,000 | 3,536,000 | 4,755,000 | 6,629,000 | 4,757,000 | 4,520,000 | 3,375,000 | 2,874,000 | 4,993,000 | 4,817,000 | 5,125,000 | 1,206,000 | 2,435,000 | 2,367,000 | 2,951,000 | 4,237,000 | ||||||||||||||||||
depreciation, depletion, amortization and accretion | 20,969,750 | 26,291,000 | 30,952,000 | 26,637,000 | 23,434,000 | 25,127,000 | 29,483,000 | 39,126,000 | 27,670,000 | 38,841,000 | 38,073,000 | 36,969,000 | 39,757,000 | 29,210,750 | 36,489,000 | 40,364,000 | 39,990,000 | 43,181,500 | 51,500,000 | 57,493,000 | 63,733,000 | 81,534,500 | 97,329,000 | 103,342,000 | 125,467,000 | 95,053,250 | 128,671,000 | 128,236,000 | 123,306,000 | 78,227,750 | 104,143,000 | 108,872,000 | 62,973,500 | 77,462,000 | 85,941,000 | 88,491,000 | 84,455,000 | 74,092,000 | ||||||||||||||||||||||||||||||||||||||||||||
total costs and expenses | 112,552,750 | 158,902,000 | 180,710,000 | 110,599,000 | 94,399,000 | 92,027,000 | 83,282,000 | 52,317,000 | 135,047,000 | 96,822,000 | 97,322,000 | 96,312,000 | 101,145,000 | 95,933,000 | 94,581,000 | 90,435,000 | 96,197,000 | 93,894,000 | 165,679,000 | 226,652,000 | 244,329,000 | 164,880,000 | 594,801,000 | 427,872,000 | 465,415,000 | 227,220,000 | 213,538,000 | 228,589,000 | 217,291,000 | 244,308,000 | 212,590,000 | 181,560,000 | 198,901,000 | 190,410,000 | 178,386,000 | 116,413,000 | 219,973,000 | 150,038,000 | 137,279,000 | 173,307,000 | 152,903,000 | 132,728,000 | 139,489,000 | 113,874,000 | 155,005,000 | 159,720,000 | 154,201,000 | 361,929,000 | 1,374,861,000 | 167,965,000 | 250,918,000 | 229,010,000 | 263,040,000 | 193,284,000 | 192,200,000 | 215,976,000 | 194,190,000 | 107,659,000 | 108,490,000 | 77,788,000 | 76,289,000 | 72,907,000 | 78,688,000 | 68,827,000 | ||||||||||||||||||
gain on debt transactions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted earnings per common share | -160 | -270 | -360 | -10 | -70 | -90 | -40 | 460 | 70 | 530 | 250 | 320 | 250 | 170 | -10 | 230 | 170 | -812.5 | 480 | -680 | -6,290 | -3,430 | -3,360 | -440 | 10 | 130 | 150 | -150 | 190 | 290 | 350 | 220 | -20 | 700 | 40 | 700 | 730 | 250 | 280 | 360 | 370 | 570 | 660 | -20 | -80 | |||||||||||||||||||||||||||||||||||||
income before income tax expense | -949,000 | 72,479,000 | 24,694,000 | 11,309,500 | 4,187,000 | 8,633,750 | 1,588,000 | 15,110,000 | 17,837,000 | -18,470,000 | 22,227,000 | 34,819,000 | 41,520,000 | 30,257,000 | -3,646,000 | 87,720,000 | 5,199,000 | 81,750,000 | 85,012,000 | 28,831,000 | 46,335,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on purchase of debt | -11,867,250 | -28,968,000 | -18,501,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax benefit | 5,860,750 | -34,396,000 | -14,640,000 | 46,402,000 | 36,195,000 | 24,340,000 | 16,711,000 | 17,500,000 | 42,139,000 | -156,644,000 | -195,391,000 | -88,362,000 | -496,088,000 | -304,583,000 | -358,669,000 | 24,654,000 | 27,857,000 | 30,947,000 | 11,055,000 | -1,861,000 | -16,495,000 | -254,729,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative (gain) loss | -61,912,000 | 10,307,000 | -5,853,000 | -288,000 | 6,219,000 | -3,689,000 | 65,000 | 412,000 | -5,222,000 | -10,231,000 | -10,755,000 | -13,781,000 | 13,079,000 | -467,000 | 24,659,000 | -49,872,000 | -17,323,000 | -17,332,000 | -7,374,000 | 5,224,250 | -15,174,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax (benefit) expense | -624,000 | 20,399,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax (benefit) expense | -16,755,750 | -55,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on exchange of debt | 8,056,000 | -37,000 | 123,960,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues | 129,099,000 | 110,281,000 | 123,323,000 | 124,393,000 | 115,213,000 | 107,403,000 | 99,655,000 | 77,715,000 | 104,064,000 | 126,228,000 | 196,677,000 | 234,521,000 | 244,928,000 | 244,555,000 | 237,146,000 | 185,946,000 | 252,922,000 | 186,956,000 | 169,575,000 | 179,667,000 | 169,585,000 | 176,100,000 | 167,042,000 | 150,432,000 | 117,422,000 | 108,306,000 | 289,793,000 | 461,015,000 | 356,495,000 | 339,456,000 | 255,191,000 | 272,563,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
ceiling test write-down of oil and natural gas properties | 57,912,000 | 104,592,000 | 116,559,000 | 32,388,000 | 441,688,000 | 252,772,000 | 260,390,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
incurred | 11,552,000 | 11,554,000 | 11,436,000 | 11,294,000 | 11,511,000 | 23,693,000 | 29,773,000 | 27,814,000 | 26,776,000 | 28,754,000 | 22,219,000 | 21,783,000 | 21,482,000 | 21,373,000 | 19,859,000 | 14,791,000 | 12,056,000 | 10,782,000 | 10,485,000 | 10,914,000 | 10,920,000 | 11,404,000 | 11,096,000 | 11,740,000 | 12,509,000 | 13,791,000 | 13,371,000 | 12,461,000 | 14,378,000 | 14,414,000 | 14,332,000 | 15,683,000 | 17,759,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
capitalized | -75,000 | -102,000 | -343,000 | -1,246,000 | -2,203,000 | -2,104,000 | -2,191,000 | -2,521,000 | -2,573,000 | -3,375,000 | -3,383,000 | -2,079,000 | -1,305,000 | -1,345,000 | -1,329,000 | -1,416,000 | -1,284,000 | -1,874,000 | -1,722,000 | -1,782,000 | -4,252,000 | -4,605,000 | -4,762,000 | -5,673,000 | -5,983,000 | -6,024,000 | -6,265,000 | -6,828,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted loss per common share | -1,580 | -2,490 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per common share | 75 | 100 | 65 | 90 | 60 | 80 | 40 | 25 | 40 | 30 | 30 | 22.5 | 30 | 30 | 30 | 22.5 | 30 | 30 | 30 | 22.5 | 30 | 30 | 30 | 15 | 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
financial: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of amounts capitalized | 24,092,000 | 21,161,000 | 19,295,000 | 19,388,000 | 19,004,000 | 18,801,000 | 11,380,000 | 10,714,000 | 11,558,000 | 8,724,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt issuance costs write-off and other | 1,685,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
in the second quarter of 2014, we acquired the woodside properties and in the fourth quarter of 2013, we acquired the callon properties. nm – not meaningful | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
in the fourth quarter of 2013, we acquired the callon properties. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, depletion, amortization | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and accretion | 99,896,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and ngls | 183,969,000 | 159,487,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 6,000 | 7,000 | 1,376,250 | 2,111,000 | 1,767,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, depletion and amortization | 75,880,000 | 66,545,000 | 69,051,000 | 69,895,000 | 62,924,000 | 72,634,000 | 80,139,000 | 74,515,000 | 80,788,000 | 98,386,000 | 104,201,000 | 143,908,000 | 135,969,000 | 154,022,000 | 117,539,000 | 120,588,000 | 118,754,000 | 131,079,000 | 82,142,000 | 65,072,000 | 46,838,000 | 42,804,000 | 43,403,000 | 49,607,000 | 38,957,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset retirement obligation accretion | 7,490,000 | 7,009,000 | 6,264,000 | 6,127,000 | 6,285,000 | 5,700,000 | 7,934,000 | 10,080,000 | 10,747,000 | 10,195,000 | 9,671,000 | 9,927,000 | 9,519,000 | 5,530,000 | 5,574,000 | 5,456,000 | 5,447,000 | 4,656,000 | 3,324,000 | 2,262,000 | 2,254,000 | 2,233,000 | 2,203,000 | 2,314,000 | 2,312,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of oil and natural gas properties | 13,841,000 | 210,205,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per common share | -3,040 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 37,728,500 | 39,021,000 | 70,479,000 | 41,414,000 | 22,471,000 | 18,826,000 | 23,146,000 | 7,016,000 | 21,697,000 | 35,444,000 | 20,275,000 | 29,833,000 | 26,847,000 | 27,997,000 | 25,417,000 | 20,742,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | -11,210 | 1,030 | 1,770 | 1,050 | 650 | 480 | 600 | 170 | 480 | 920 | 580 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | -11,210 | 1,030 | 1,770 | 1,050 | 650 | 480 | 600 | 170 | 490 | 910 | 580 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and natural gas revenues | 246,477,000 | 264,388,000 | 213,393,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commodity derivative gain | 11,971,000 | -2,451,000 | -27,065,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease operating | 43,161,000 | 34,427,000 | 16,284,000 | 15,780,000 | 19,505,000 | 18,226,000 | 17,874,000 | 16,153,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 11,742,000 | 9,645,000 | 9,072,000 | 11,660,000 | 9,231,000 | 6,524,000 | 5,754,000 | 6,909,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest capitalized | 1,034,500 | 4,138,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other income | -217,750 | -3,627,000 | 1,434,000 | 1,322,000 | 1,133,000 | 581,000 | 108,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and gas revenues | 165,714,000 | 156,852,000 | 152,820,000 | 153,355,000 | 149,665,000 | 128,724,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commodity derivative loss | 10,548,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commodity derivative income | 5,276,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and dividend income | 1,627,000 | 1,412,000 | 844,000 | 365,000 | 125,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income – basic | 850 | 535 | 800 | 690 | 630 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income – diluted | 850 | 522.5 | 800 | 690 | 600 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared | 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less preferred stock dividends | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income applicable to common and common equivalent shares | 34,541,500 | 53,102,000 | 45,782,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends | 15 | 20 | 20 | 20 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other expense | -221,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 2018-06-30 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 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 | 2011-09-30 | 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 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 130,919,000 | 140,558,000 | 124,795,000 | 120,723,000 | 105,933,000 | 109,003,000 | 126,544,000 | 123,375,000 | 94,822,000 | 173,338,000 | 148,993,000 | 171,627,000 | 177,389,000 | 461,357,000 | 447,130,000 | 377,724,000 | 215,475,000 | 245,799,000 | 257,584,000 | 209,148,000 | 53,359,000 | 43,726,000 | 56,532,000 | 36,506,000 | 47,574,000 | 32,433,000 | 41,741,000 | 65,709,000 | 86,116,000 | 129,440,000 | 106,164,000 | 72,320,000 | 126,095,000 | 73,351,000 | 171,824,000 | 370,623,000 | 85,414,000 | 7,463,000 | 5,671,000 | 8,367,000 | 23,666,000 | 17,220,000 | 23,847,000 | 20,335,000 | 15,800,000 | 15,227,000 | 9,276,000 | 12,277,000 | 12,245,000 | 6,993,000 | 8,553,000 | 8,508,000 | 7,666,000 | 8,710,000 | 58,393,000 | 28,655,000 | 180,511,000 | 72,898,000 | 84,231,000 | 38,187,000 | 107,346,000 | 100,733,000 | 251,038,000 | 357,552,000 | 685,311,000 | 424,397,000 | 276,827,000 | 314,050,000 | 187,807,000 | 102,090,000 | 4,303,000 | 39,235,000 | 12,071,000 | 97,309,000 | 136,053,000 | 187,698,000 | 140,510,000 | 79,110,000 | 45,427,000 | 64,975,000 |
restricted cash | 62,000 | 1,552,000 | 1,552,000 | 1,552,000 | 1,552,000 | 4,417,000 | 4,417,000 | 4,417,000 | 4,417,000 | 4,417,000 | 4,417,000 | 4,417,000 | 4,417,000 | 4,417,000 | 4,417,000 | 4,417,000 | 4,417,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil, natural gas liquids and natural gas sales | 72,400,000 | 59,633,000 | 57,280,000 | 58,175,000 | 64,991,000 | 63,558,000 | 52,025,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint interest, net of allowance for credit losses of 10,606 and 10,529, respectively | 27,592,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 18,449,000 | 14,543,000 | 17,506,000 | 25,835,000 | 22,570,000 | 18,504,000 | 23,116,000 | 25,890,000 | 21,342,000 | 17,447,000 | 30,476,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total current assets | 249,360,000 | 239,269,000 | 229,251,000 | 237,944,000 | 221,930,000 | 218,458,000 | 226,412,000 | 247,930,000 | 207,721,000 | 264,980,000 | 248,732,000 | 254,567,000 | 266,930,000 | 570,263,000 | 610,571,000 | 547,739,000 | 429,867,000 | 358,259,000 | 382,584,000 | 301,823,000 | 133,874,000 | 107,228,000 | 111,907,000 | 106,112,000 | 175,783,000 | 141,752,000 | 200,982,000 | 253,494,000 | 233,247,000 | 286,589,000 | 193,902,000 | 165,608,000 | 216,970,000 | 142,956,000 | 250,667,000 | 438,567,000 | 169,310,000 | 123,694,000 | 124,346,000 | 105,826,000 | 182,562,000 | 180,368,000 | 183,612,000 | 172,030,000 | 173,602,000 | 181,249,000 | 189,637,000 | 214,700,000 | 240,123,000 | 189,893,000 | 199,298,000 | 158,296,000 | 155,898,000 | 162,613,000 | 196,330,000 | 164,205,000 | 297,753,000 | 223,567,000 | 295,741,000 | 289,254,000 | 354,031,000 | 377,582,000 | 434,717,000 | 543,814,000 | 834,354,000 | 728,838,000 | 495,987,000 | 529,823,000 | 365,894,000 | 277,287,000 | 199,384,000 | 328,693,000 | 227,920,000 | 258,572,000 | 257,863,000 | 283,824,000 | 193,906,000 | 148,237,000 | 110,640,000 | 145,982,000 |
oil and natural gas properties and other, net of accumulated depreciation, depletion and amortization of 8,500,446 and 8,473,181, respectively | 655,086,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted deposits for asset retirement obligations | 24,351,000 | 24,026,000 | 23,019,000 | 23,087,000 | 22,892,000 | 22,730,000 | 22,625,000 | 22,479,000 | 22,346,000 | 22,272,000 | 22,168,000 | 22,092,000 | 21,565,000 | 21,483,000 | 21,760,000 | 21,667,000 | 21,958,000 | 16,019,000 | 29,873,000 | 29,820,000 | 29,699,000 | 29,675,000 | 30,161,000 | 29,912,000 | 15,574,000 | 15,806,000 | 16,694,000 | 16,220,000 | 15,498,000 | 26,072,000 | 25,339,000 | 28,712,000 | 28,224,000 | 26,767,000 | 26,409,000 | 16,171,000 | 15,606,000 | 15,578,000 | 15,538,000 | 15,501,000 | 15,444,000 | 15,382,000 | 23,723,000 | 39,961,000 | 37,421,000 | 34,966,000 | 33,469,000 | 29,161,000 | 28,466,000 | 28,441,000 | 28,514,000 | 35,518,000 | 34,675,000 | 33,921,000 | 32,206,000 | 30,636,000 | 30,633,000 | 31,281,000 | 30,625,000 | 30,614,000 | 24,138,000 | 24,136,000 | 24,142,000 | 24,138,000 | 24,073,000 | 23,993,000 | 23,923,000 | 23,718,000 | 10,463,000 | 10,972,000 | 10,804,000 | 10,680,000 | 10,629,000 | 10,502,000 | 10,426,000 | 10,348,000 | 10,259,000 | 10,179,000 | 10,119,000 | 10,072,000 |
deferred income taxes | 63,000 | 35,000 | 56,637,000 | 54,332,000 | 48,808,000 | 46,910,000 | 42,365,000 | 38,040,000 | 38,774,000 | 42,633,000 | 45,700,000 | 52,884,000 | 57,280,000 | 62,334,000 | 75,474,000 | 103,238,000 | 102,505,000 | 113,177,000 | 107,337,000 | 94,535,000 | 94,331,000 | 87,470,000 | 66,124,000 | 57,418,000 | 63,916,000 | 55,579,000 | 12,395,000 | 8,463,000 | 32,553,000 | 27,595,000 | 4,328,000 | 6,820,000 | 3,196,000 | 11,662,000 | 187,057,000 | 189,902,000 | 188,183,000 | 178,142,000 | 177,404,000 | 162,948,000 | 1,432,000 | 267,000 | 98,393,000 | 11,004,000 | 12,442,000 | 5,784,000 | 5,975,000 | 5,117,000 | 8,362,000 | 11,877,000 | 314,726,000 | 305,838,000 | 281,935,000 | 255,097,000 | 232,835,000 | 199,964,000 | 185,482,000 | 158,833,000 | 134,395,000 | 124,610,000 | 110,807,000 | 99,131,000 | 92,093,000 | |||||||||||||||||
other assets | 30,292,000 | 30,395,000 | 29,685,000 | 31,561,000 | 34,004,000 | 31,193,000 | 32,624,000 | 33,396,000 | 32,740,000 | 38,923,000 | 40,386,000 | 42,118,000 | 44,897,000 | 47,549,000 | 65,681,000 | 53,538,000 | 63,392,000 | 51,172,000 | 63,776,000 | 42,395,000 | 22,613,000 | 22,470,000 | 25,638,000 | 27,535,000 | 30,084,000 | 33,447,000 | 32,864,000 | 73,577,000 | 79,005,000 | 69,418,000 | 60,779,000 | 60,996,000 | 11,403,000 | 11,823,000 | 4,882,000 | 4,225,000 | 5,462,000 | 20,284,000 | 20,066,000 | 16,534,000 | 17,244,000 | 17,989,000 | 18,643,000 | 20,213,000 | 20,455,000 | 16,842,000 | 18,198,000 | 18,855,000 | 19,943,000 | 14,328,000 | 19,268,000 | 13,734,000 | 15,723,000 | 15,297,000 | 6,495,000 | 6,406,000 | 6,476,000 | 7,896,000 | 6,716,000 | 7,052,000 | 7,598,000 | 7,494,000 | 8,245,000 | 6,893,000 | 7,152,000 | 5,434,000 | 5,727,000 | 6,062,000 | 6,290,000 | 7,539,000 | 2,829,000 | 4,526,000 | 12,459,000 | 4,374,000 | 7,867,000 | |||||
total assets | 959,152,000 | 955,807,000 | 960,626,000 | 1,023,826,000 | 1,024,946,000 | 1,098,930,000 | 1,127,276,000 | 1,148,571,000 | 1,126,475,000 | 1,114,005,000 | 1,125,373,000 | 1,102,217,000 | 1,110,301,000 | 1,431,790,000 | 1,490,304,000 | 1,439,808,000 | 1,350,147,000 | 1,193,207,000 | 1,243,346,000 | 1,139,032,000 | 949,690,000 | 940,582,000 | 949,480,000 | 942,746,000 | 1,008,903,000 | 1,003,719,000 | 1,027,070,000 | 867,803,000 | 842,515,000 | 958,152,000 | 887,371,000 | 874,971,000 | 854,500,000 | 832,597,000 | 998,354,000 | 1,298,795,000 | 1,208,022,000 | 1,599,971,000 | 2,084,977,000 | 2,339,061,000 | 2,709,107,000 | 2,652,024,000 | 2,549,772,000 | 2,494,604,000 | 2,507,302,000 | 2,423,700,000 | 2,420,014,000 | 2,362,057,000 | 2,348,987,000 | 1,926,652,000 | 1,872,818,000 | 1,842,341,000 | 1,841,199,000 | 1,772,464,000 | 1,427,153,000 | 1,424,094,000 | 1,423,403,000 | 1,341,450,000 | 1,289,943,000 | 1,326,833,000 | 1,564,770,000 | 1,682,065,000 | 1,782,324,000 | 2,056,186,000 | 3,455,080,000 | 3,182,450,000 | 2,934,803,000 | 2,822,334,000 | 2,569,698,000 | 2,516,262,000 | 2,494,459,000 | 2,609,685,000 | 2,421,825,000 | 1,206,820,000 | 1,121,186,000 | 1,064,520,000 | 911,578,000 | 824,114,000 | 743,667,000 | 760,784,000 |
liabilities and shareholders’ deficit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 90,637,000 | 98,406,000 | 89,438,000 | 87,158,000 | 77,978,000 | 83,625,000 | 86,866,000 | 89,129,000 | 75,966,000 | 78,857,000 | 80,412,000 | 67,293,000 | 75,979,000 | 65,158,000 | 72,051,000 | 81,031,000 | 69,195,000 | 67,409,000 | 78,782,000 | 54,624,000 | 43,714,000 | 48,612,000 | 36,790,000 | 52,368,000 | 61,729,000 | 102,344,000 | 105,922,000 | 97,893,000 | 71,359,000 | 46,464,000 | 72,197,000 | 58,283,000 | 81,398,000 | 83,309,000 | 92,852,000 | 92,045,000 | 109,797,000 | 107,469,000 | 135,165,000 | 128,277,000 | 194,109,000 | 159,621,000 | 140,495,000 | 115,344,000 | 145,212,000 | 129,988,000 | 123,070,000 | 112,223,000 | 123,885,000 | 104,274,000 | 86,215,000 | 64,992,000 | 80,997,000 | 65,636,000 | 44,037,000 | 80,442,000 | 75,854,000 | 55,041,000 | 49,599,000 | 115,683,000 | 159,084,000 | 205,373,000 | 198,849,000 | 228,899,000 | 340,084,000 | 195,854,000 | 157,564,000 | 170,103,000 | 123,566,000 | 131,181,000 | 172,436,000 | 247,324,000 | 169,936,000 | 177,959,000 | 155,843,000 | 143,049,000 | 119,626,000 | 109,135,000 | 76,069,000 | 107,220,000 |
accrued liabilities | 62,362,000 | 39,809,000 | 18,928,000 | 25,072,000 | 19,210,000 | 33,271,000 | 21,629,000 | 29,004,000 | 15,559,000 | 31,879,000 | 34,264,000 | 39,323,000 | 26,215,000 | 74,041,000 | 154,236,000 | 153,967,000 | 209,845,000 | 106,140,000 | 196,486,000 | 100,363,000 | 64,420,000 | 29,880,000 | 44,460,000 | 22,668,000 | 34,428,000 | 30,896,000 | 37,254,000 | 19,494,000 | 35,197,000 | 20,505,000 | 26,550,000 | 13,122,000 | 20,536,000 | 19,573,000 | 12,011,000 | 39,486,000 | 11,922,000 | 39,171,000 | 13,120,000 | 28,220,000 | 17,377,000 | 39,030,000 | 31,299,000 | 43,698,000 | 28,000,000 | 51,048,000 | 13,984,000 | 39,067,000 | 20,755,000 | 32,331,000 | 15,980,000 | 55,049,000 | 30,294,000 | 23,331,000 | 44,119,000 | 25,827,000 | 22,314,000 | 9,982,000 | 22,494,000 | 13,509,000 | 23,884,000 | 10,719,000 | 20,621,000 | 18,254,000 | 29,016,000 | 47,457,000 | 41,007,000 | 65,328,000 | 27,364,000 | 10,833,000 | 8,000,000 | 28,825,000 | 12,037,000 | 12,055,000 | 5,384,000 | 5,714,000 | 7,237,000 | 5,911,000 | 10,610,000 | 8,452,000 |
undistributed oil and natural gas proceeds | 61,590,000 | 59,065,000 | 54,582,000 | 53,532,000 | 58,647,000 | 53,131,000 | 54,461,000 | 63,150,000 | 52,835,000 | 42,134,000 | 34,649,000 | 31,178,000 | 31,678,000 | 41,934,000 | 59,518,000 | 51,215,000 | 33,575,000 | 36,243,000 | 30,759,000 | 28,688,000 | 25,338,000 | 19,167,000 | 20,250,000 | 15,776,000 | 28,176,000 | 29,450,000 | 25,550,000 | 27,118,000 | 22,014,000 | 22,649,000 | 20,084,000 | 21,270,000 | 22,366,000 | 21,239,000 | 20,659,000 | 20,654,000 | 21,439,000 | 28,870,000 | 29,693,000 | 29,171,000 | 37,009,000 | 37,821,000 | 39,202,000 | 38,312,000 | 42,107,000 | 41,278,000 | 42,068,000 | 41,255,000 | 37,073,000 | 34,660,000 | 35,248,000 | 35,075,000 | 34,706,000 | 36,263,000 | 27,152,000 | 25,240,000 | 24,410,000 | 25,127,000 | 22,083,000 | 32,216,000 | 29,299,000 | 25,997,000 | 25,513,000 | 29,716,000 | ||||||||||||||||
advances from joint interest partners | 2,275,000 | 2,394,000 | 2,395,000 | 2,430,000 | 2,432,000 | 2,443,000 | 2,489,000 | 2,565,000 | 2,864,000 | 2,962,000 | 3,106,000 | 3,110,000 | 3,160,000 | 3,181,000 | 3,017,000 | 5,259,000 | 6,521,000 | 15,072,000 | 18,285,000 | 5,279,000 | 36,473,000 | 39,154,000 | 65,271,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of asset retirement obligations | 25,471,000 | 26,147,000 | 34,528,000 | 31,813,000 | 29,098,000 | 46,326,000 | 45,139,000 | 35,627,000 | 37,745,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt | 8,309,000 | 8,458,000 | 8,600,000 | 579,000 | 566,000 | 27,288,000 | 20,968,000 | 14,925,000 | 6,987,000 | 29,368,000 | 30,015,000 | 30,550,000 | 30,801,000 | 582,249,000 | 35,450,000 | 37,199,000 | 39,881,000 | 42,960,000 | 46,201,000 | 36,771,000 | 138,999,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total current liabilities | 250,644,000 | 234,279,000 | 208,471,000 | 200,584,000 | 187,931,000 | 246,084,000 | 231,552,000 | 234,400,000 | 191,956,000 | 216,852,000 | 215,668,000 | 209,227,000 | 182,347,000 | 792,334,000 | 380,771,000 | 383,531,000 | 426,468,000 | 324,376,000 | 379,773,000 | 244,397,000 | 160,027,000 | 115,000,000 | 128,743,000 | 114,447,000 | 145,421,000 | 189,960,000 | 228,294,000 | 209,994,000 | 218,640,000 | 342,287,000 | 159,434,000 | 156,254,000 | 198,700,000 | 223,034,000 | 216,818,000 | 374,962,000 | 227,493,000 | 260,098,000 | 219,472,000 | 202,168,000 | 284,498,000 | 352,194,000 | 280,919,000 | 266,033,000 | 293,104,000 | 317,328,000 | 259,569,000 | 262,509,000 | 274,609,000 | 258,105,000 | 250,098,000 | 260,871,000 | 281,531,000 | 279,304,000 | 225,560,000 | 241,636,000 | 222,090,000 | 204,600,000 | 203,681,000 | 283,946,000 | 319,090,000 | 355,454,000 | 333,767,000 | 346,876,000 | 552,287,000 | 392,071,000 | 298,984,000 | 319,066,000 | 252,685,000 | 238,002,000 | 428,154,000 | 644,076,000 | 648,547,000 | 259,814,000 | 244,305,000 | 231,692,000 | 176,079,000 | 153,249,000 | 126,637,000 | 156,447,000 |
asset retirement obligations | 540,568,000 | 535,704,000 | 531,493,000 | 524,980,000 | 532,753,000 | 502,506,000 | 509,888,000 | 498,848,000 | 492,066,000 | 467,262,000 | 465,245,000 | 37,763,000 | 9,859,000 | 25,359,000 | 54,886,000 | 51,504,000 | 67,274,000 | 56,419,000 | 27,545,000 | 23,888,000 | 26,402,000 | 17,188,000 | 19,522,000 | 12,506,000 | 2,803,000 | 21,991,000 | 23,095,000 | 26,335,000 | 24,799,000 | 27,923,000 | 29,456,000 | 52,432,000 | 66,150,000 | 90,150,000 | 91,296,000 | 83,778,000 | 84,335,000 | 84,588,000 | 41,494,000 | 16,500,000 | 36,003,000 | 115,722,000 | 69,923,000 | 68,679,000 | 77,785,000 | 95,014,000 | 74,687,000 | 69,964,000 | 92,630,000 | 83,545,000 | 99,211,000 | 105,442,000 | 128,584,000 | 105,379,000 | 110,252,000 | 92,575,000 | 95,970,000 | 99,474,000 | 107,632,000 | 117,421,000 | 98,393,000 | 101,488,000 | 19,749,000 | 41,718,000 | 43,760,000 | 32,967,000 | 37,511,000 | 39,653,000 | 26,080,000 | 25,296,000 | 23,514,000 | 27,489,000 | ||||||||
long-term debt | 342,879,000 | 342,355,000 | 341,843,000 | 349,508,000 | 349,481,000 | 365,935,000 | 371,596,000 | 376,979,000 | 384,241,000 | 361,236,000 | 367,144,000 | 373,021,000 | 372,473,000 | 111,188,000 | 665,973,000 | 671,974,000 | 680,436,000 | 687,938,000 | 696,171,000 | 717,916,000 | 593,838,000 | 718,949,000 | 634,415,000 | 634,005,000 | 11,147,000 | 11,147,000 | 8,250,000 | 8,763,000 | 1,345,051,000 | 1,196,855,000 | 1,052,984,000 | 1,099,537,000 | 1,060,079,000 | 719,000,000 | 680,000,000 | 684,000,000 | 694,000,000 | 675,000,000 | 450,000,000 | 450,000,000 | 450,000,000 | 450,000,000 | 40,000,000 | 35,000,000 | ||||||||||||||||||||||||||||||||||||
other liabilities | 21,070,000 | 15,781,000 | 17,515,000 | 17,464,000 | 17,381,000 | 16,182,000 | 16,665,000 | 16,668,000 | 16,672,000 | 19,369,000 | 29,448,000 | 35,041,000 | 41,998,000 | 59,134,000 | 94,841,000 | 94,257,000 | 80,338,000 | 55,389,000 | 83,814,000 | 56,259,000 | 31,780,000 | 32,938,000 | 33,263,000 | 28,998,000 | 16,464,000 | 9,988,000 | 16,267,000 | 61,385,000 | 73,142,000 | 73,007,000 | 67,031,000 | 66,909,000 | 17,226,000 | 16,683,000 | 16,462,000 | 16,357,000 | 16,178,000 | 14,065,000 | 14,560,000 | 13,900,000 | 13,691,000 | 13,634,000 | 13,622,000 | 13,497,000 | 13,388,000 | 15,859,000 | 5,864,000 | 8,288,000 | 8,908,000 | 9,470,000 | 5,851,000 | 19,590,000 | 8,686,000 | 12,383,000 | 17,269,000 | 11,974,000 | 19,759,000 | 14,912,000 | 3,672,000 | 2,558,000 | 3,214,000 | 3,149,000 | 4,607,000 | 6,021,000 | 4,982,000 | 4,751,000 | 7,769,000 | 6,135,000 | 5,553,000 | 4,608,000 | 5,615,000 | 3,890,000 | 4,398,000 | 10,189,000 | 4,021,000 | 2,429,000 | 2,429,000 | 2,429,000 | 2,429,000 | 2,429,000 |
commitments and contingencies | 25,745,000 | 27,440,000 | 33,791,000 | 34,011,000 | 20,196,000 | 20,800,000 | 29,085,000 | 16,671,000 | 20,780,000 | 18,043,000 | 17,809,000 | 16,996,000 | 19,226,000 | 20,357,000 | 4,899,000 | 5,037,000 | 4,495,000 | 4,495,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ deficit: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock: 0.00001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock: 0.00001 par value... | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 606,888,000 | 604,732,000 | 603,140,000 | 599,945,000 | 597,271,000 | 595,407,000 | 591,602,000 | 589,678,000 | 588,563,000 | 586,014,000 | 582,900,000 | 579,849,000 | 577,787,000 | 576,588,000 | 557,386,000 | 554,755,000 | 553,175,000 | 552,923,000 | 552,118,000 | 551,260,000 | 550,793,000 | 550,339,000 | 550,192,000 | 549,117,000 | 548,098,000 | 547,050,000 | 548,134,000 | 546,886,000 | 545,627,000 | 548,196,000 | 545,422,000 | 543,439,000 | 541,901,000 | 537,496,000 | 428,618,000 | 426,035,000 | 423,499,000 | 422,633,000 | 420,028,000 | 417,325,000 | 414,580,000 | 414,430,000 | 410,642,000 | 406,752,000 | 403,564,000 | 404,604,000 | 401,097,000 | 398,465,000 | 396,186,000 | 396,601,000 | 393,233,000 | 389,628,000 | 383,966,000 | 381,191,000 | 379,355,000 | 377,529,000 | 376,626,000 | 374,993,000 | 374,015,000 | 373,050,000 | 375,766,000 | 376,336,000 | 375,395,000 | 372,595,000 | 371,905,000 | 370,440,000 | 368,889,000 | 365,667,000 | 366,219,000 | 365,314,000 | 364,255,000 | 361,855,000 | 361,489,000 | 54,062,000 | 53,762,000 | 52,332,000 | 52,303,000 | 52,298,000 | 52,293,000 | 6,478,000 |
retained deficit | -804,477,000 | -780,319,000 | -751,462,000 | -678,501,000 | -655,902,000 | -623,819,000 | -598,947,000 | -560,508,000 | -543,637,000 | -530,656,000 | -528,747,000 | -530,892,000 | -518,783,000 | -544,788,000 | -588,237,000 | -654,958,000 | -778,394,000 | -775,937,000 | -824,841,000 | -786,877,000 | -735,205,000 | -734,459,000 | -725,512,000 | -712,173,000 | -706,269,000 | -772,249,000 | -781,808,000 | -857,707,000 | -894,096,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -24,167,000 | -9,247,000 | -9,247,000 | -9,247,000 | |||||||||||||||||
total shareholders’ deficit | -221,754,000 | -199,752,000 | -172,487,000 | -102,721,000 | -82,796,000 | -55,017,000 | -124,369,000 | -249,385,000 | -247,180,000 | -296,889,000 | -259,783,000 | -208,578,000 | -208,286,000 | -199,486,000 | -187,222,000 | -182,337,000 | -249,365,000 | -257,840,000 | -334,987,000 | -372,635,000 | -507,409,000 | -597,271,000 | -597,957,000 | -632,810,000 | -677,997,000 | -832,803,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders’ deficit | 959,152,000 | 955,807,000 | 960,626,000 | 1,023,826,000 | 1,024,946,000 | 1,490,304,000 | 1,439,808,000 | 1,350,147,000 | 1,193,207,000 | 1,243,346,000 | 1,139,032,000 | 949,690,000 | 940,582,000 | 949,480,000 | 942,746,000 | 1,008,903,000 | 1,003,719,000 | 1,027,070,000 | 867,803,000 | 842,515,000 | 958,152,000 | 887,371,000 | 874,971,000 | 854,500,000 | 832,597,000 | 998,354,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint interest | 24,473,000 | 25,841,000 | 15,480,000 | 16,049,000 | 13,875,000 | 17,116,000 | 14,000,000 | 16,815,000 | 13,370,000 | 14,221,000 | 9,745,000 | 13,012,000 | 11,750,000 | 15,234,000 | 10,840,000 | 19,400,000 | 17,620,000 | 19,366,000 | 21,877,000 | 19,920,000 | 16,843,000 | 20,961,000 | 14,470,000 | 22,165,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and natural gas properties and other | 662,082,000 | 777,741,000 | 749,056,000 | 771,454,000 | 737,740,000 | 724,025,000 | 735,215,000 | 729,958,000 | 741,390,000 | 731,692,000 | 665,252,000 | 653,936,000 | 657,657,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint interest, net of allowance for credit losses of 10,477 and 10,414, respectively | 28,118,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and natural gas properties and other, net of accumulated depletion and amortization of 8,444,693 and 8,356,776, respectively | 678,671,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint interest, net of allowance for credit losses of 10,418 and 10,414, respectively | 31,659,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and natural gas properties and other, net of accumulated depletion and amortization of 8,416,113 and 8,356,776, respectively | 674,597,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint interest, net of allowance for credit losses of 10,389 and 10,414, respectively | 26,884,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and natural gas properties and other, net of accumulated depletion and amortization of 8,389,667 and 8,356,776, respectively | 691,788,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 557,000 | 2,223,000 | 1,901,000 | 2,218,000 | 3,726,000 | 1,376,000 | 1,091,000 | 1,283,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders’ (deficit) equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ (deficit) equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ (deficit) equity | -52,577,000 | -31,510,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders’ (deficit) equity | 1,098,930,000 | 1,127,276,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint interest, net of allowance for credit losses of 10,986 and 11,130, respectively | 19,753,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and natural gas properties and other, net of accumulated depreciation, depletion and amortization of 8,318,568 and 8,213,781, respectively | 798,705,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil, ngl and natural gas sales | 71,547,000 | 66,959,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint interest, net of allowance for credit losses of 11,358 and 11,130 as of june 30, 2024 and december 31, 2023, respectively | 20,478,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and natural gas properties and other, net of accumulated depreciation, depletion and amortization of 8,284,392 and 8,213,781 as of june 30, 2024 and december 31, 2023, respectively | 802,401,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.00001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, 0.00001 par value... | 2,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | ||||||||
total shareholders’ equity | 5,005,000 | 20,760,000 | 31,192,000 | 29,987,000 | 24,791,000 | 34,838,000 | 7,634,000 | -714,464,000 | -526,491,000 | -475,751,000 | -788,000 | 256,958,000 | 540,610,000 | 593,032,000 | 582,178,000 | 563,998,000 | 541,187,000 | 590,980,000 | 595,167,000 | 544,416,000 | 545,997,000 | 493,272,000 | 439,240,000 | 421,743,000 | 452,437,000 | 426,599,000 | 399,991,000 | 358,950,000 | 326,222,000 | 328,017,000 | 332,910,000 | 572,227,000 | 1,443,631,000 | 1,366,125,000 | 1,232,133,000 | 1,151,340,000 | 1,135,089,000 | 1,101,446,000 | 1,055,683,000 | 1,042,917,000 | 1,008,825,000 | 635,442,000 | 598,660,000 | 543,383,000 | 494,475,000 | 442,688,000 | 398,221,000 | 359,878,000 | ||||||||||||||||||||||||||||||||
total liabilities and shareholders’ equity | 1,148,571,000 | 1,126,475,000 | 1,114,005,000 | 1,125,373,000 | 1,102,217,000 | 1,110,301,000 | 1,431,790,000 | 1,298,795,000 | 1,208,022,000 | 1,599,971,000 | 2,084,977,000 | 2,339,061,000 | 2,507,302,000 | 2,423,700,000 | 2,420,014,000 | 2,362,057,000 | 2,348,987,000 | 1,926,652,000 | 1,872,818,000 | 1,842,341,000 | 1,841,199,000 | 1,772,464,000 | 1,427,153,000 | 1,424,094,000 | 1,423,403,000 | 1,341,450,000 | 1,289,943,000 | 1,326,833,000 | 1,564,770,000 | 1,682,065,000 | 1,782,324,000 | 2,056,186,000 | 3,455,080,000 | 3,182,450,000 | 2,934,803,000 | 2,822,334,000 | 2,569,698,000 | 2,516,262,000 | 2,494,459,000 | 2,609,685,000 | 2,421,825,000 | 1,206,820,000 | 1,121,186,000 | 1,064,520,000 | 911,578,000 | 824,114,000 | 743,667,000 | 760,784,000 | ||||||||||||||||||||||||||||||||
joint interest, net of allowance for credit losses of 11,119 and 11,130 as of march 31, 2024 and december 31, 2023, respectively | 18,280,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and natural gas properties and other, net of accumulated depreciation, depletion and amortization of 8,247,718 and 8,213,781 as of march 31, 2024 and december 31, 2023, respectively | 825,628,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and natural gas sales | 52,080,000 | 48,522,000 | 41,342,000 | 45,525,000 | 66,146,000 | 89,195,000 | 99,155,000 | 92,693,000 | 54,919,000 | 38,326,000 | 50,220,000 | 49,931,000 | 38,830,000 | 21,407,000 | 22,383,000 | 35,413,000 | 57,367,000 | 51,626,000 | 41,812,000 | 41,308,000 | 52,073,000 | 39,165,000 | 39,397,000 | 44,954,000 | 35,772,000 | 34,841,000 | 27,903,000 | 35,005,000 | 43,955,000 | 51,957,000 | 46,121,000 | 67,242,000 | 97,688,000 | 94,417,000 | 93,937,000 | 96,752,000 | 85,221,000 | 80,670,000 | 97,309,000 | 97,733,000 | 68,230,000 | 72,429,000 | 89,034,000 | 82,824,000 | 91,517,000 | 82,346,000 | 79,911,000 | 51,348,000 | 66,717,000 | 43,588,000 | 54,978,000 | 55,454,000 | 53,538,000 | 42,847,000 | 36,550,000 | |||||||||||||||||||||||||
income tax payable | 99,000 | 10,000 | 4,655,000 | 412,000 | 1,613,000 | 3,356,000 | 177,000 | 133,000 | 63,000 | 153,000 | 153,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of asset retirement obligation | 31,553,000 | 33,169,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 275,000 | 1,941,000 | 20,000 | 1,861,000 | 1,861,000 | 36,910,000 | 54,116,000 | 54,076,000 | 65,240,000 | 11,623,000 | 12,027,000 | 11,943,000 | 5,599,000 | 120,000 | 39,556,000 | 45,638,000 | 723,000 | 1,305,000 | 84,514,000 | 85,457,000 | 51,432,000 | 50,876,000 | 40,505,000 | 34,077,000 | 72,986,000 | 49,611,000 | 18,643,000 | 17,009,000 | 15,705,000 | 51,189,000 | 30,628,000 | 37,003,000 | 9,122,000 | |||||||||||||||||||||||||||||||||||||||||||||||
total receivables | 64,846,000 | 57,158,000 | 62,641,000 | 80,146,000 | 106,010,000 | 112,525,000 | 106,914,000 | 64,664,000 | 51,358,000 | 61,970,000 | 65,165,000 | 49,670,000 | 31,768,000 | 37,040,000 | 49,551,000 | 78,628,000 | 119,020,000 | 134,684,000 | 113,004,000 | 136,679,000 | 72,665,000 | 71,344,000 | 73,740,000 | 53,460,000 | 60,585,000 | 44,909,000 | 57,017,000 | 86,390,000 | 84,565,000 | 75,421,000 | 110,887,000 | 130,593,000 | 121,121,000 | 124,680,000 | 127,856,000 | 116,713,000 | 143,147,000 | 178,628,000 | 202,056,000 | 103,619,000 | 105,872,000 | 116,645,000 | 102,687,000 | 109,750,000 | 109,124,000 | 106,340,000 | 85,905,000 | 109,946,000 | 184,069,000 | 222,290,000 | 205,053,000 | 221,696,000 | 163,569,000 | 155,845,000 | 101,078,000 | 247,472,000 | 184,002,000 | 172,128,000 | 135,493,000 | 150,446,000 | 167,340,000 | 239,899,000 | 159,551,000 | 120,604,000 | 85,215,000 | 83,623,000 | 43,576,000 | 60,896,000 | 56,158,000 | 71,714,000 | ||||||||||
receivables: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other assets | 21,365,000 | 22,483,000 | 24,343,000 | 53,014,000 | 53,073,000 | 103,061,000 | 43,379,000 | 73,642,000 | 30,705,000 | 15,350,000 | 13,832,000 | 23,607,000 | 32,566,000 | 78,658,000 | 30,691,000 | 40,221,000 | 53,101,000 | 34,127,000 | 20,470,000 | 15,073,000 | 21,944,000 | 17,135,000 | 16,145,000 | 18,258,000 | 23,035,000 | 26,879,000 | 25,513,000 | 27,290,000 | 18,842,000 | 36,347,000 | 32,555,000 | 38,644,000 | 27,015,000 | 29,946,000 | 32,850,000 | 37,214,000 | 22,363,000 | 25,555,000 | 32,455,000 | 54,110,000 | 22,139,000 | 45,545,000 | 44,153,000 | 16,371,000 | 23,426,000 | 31,337,000 | 40,723,000 | 27,441,000 | 28,777,000 | 41,632,000 | 55,153,000 | 20,110,000 | 30,417,000 | 47,965,000 | 56,969,000 | 35,158,000 | 43,645,000 | 42,594,000 | 24,751,000 | 27,741,000 | 49,559,000 | 48,225,000 | 34,393,000 | 31,429,000 | 7,337,000 | 4,654,000 | 3,065,000 | 3,889,000 | 4,127,000 | |||||||||||
principal | 382,697,000 | 381,027,000 | 114,158,000 | 700,359,000 | 709,481,000 | 730,689,000 | 600,460,000 | 632,460,000 | 632,460,000 | 632,460,000 | 677,525,000 | 730,000,000 | 189,829,000 | 873,733,000 | 873,733,000 | 873,733,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unamortized debt issuance costs | -9,676,000 | -8,554,000 | -2,970,000 | -12,421,000 | -13,310,000 | -12,773,000 | -6,622,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset retirement obligations, less current portion | 443,069,000 | 459,347,000 | 441,071,000 | 398,724,000 | 409,265,000 | 407,682,000 | 368,076,000 | 380,329,000 | 380,115,000 | 372,495,000 | 375,516,000 | 362,213,000 | 362,301,000 | 361,297,000 | 333,603,000 | 321,400,000 | 296,996,000 | 289,363,000 | 289,297,000 | 275,560,000 | 265,428,000 | 260,650,000 | 256,656,000 | 252,826,000 | 275,986,000 | 293,987,000 | 315,038,000 | 348,573,000 | 364,723,000 | 354,565,000 | 288,280,000 | 287,680,000 | 285,720,000 | 276,637,000 | 267,093,000 | 309,918,000 | 308,261,000 | 291,423,000 | 250,704,000 | 249,790,000 | 263,037,000 | 265,547,000 | 287,699,000 | 281,927,000 | 298,741,000 | 279,117,000 | 245,339,000 | 231,322,000 | 231,379,000 | 323,744,000 | 402,945,000 | 461,272,000 | 480,890,000 | 488,886,000 | 462,700,000 | 462,616,000 | 438,932,000 | 281,632,000 | 277,674,000 | 276,766,000 | 272,350,000 | 243,858,000 | 115,893,000 | 115,367,000 | 112,621,000 | 113,985,000 | 114,941,000 | 117,249,000 | 114,937,000 | |||||||||||
shareholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and natural gas properties and other, net – at cost: | 668,969,000 | 686,878,000 | 748,798,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
carrying value adjustments | -7,174,000 | -7,713,000 | -8,238,000 | -9,467,000 | -10,467,000 | 34,917,000 | 108,884,000 | 110,604,000 | 137,001,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt – carrying value | 625,286,000 | 719,533,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint interest and other | 10,361,000 | 14,657,000 | 12,277,000 | 30,484,000 | 38,756,000 | 17,688,000 | 20,145,000 | 17,006,000 | 22,012,000 | 42,435,000 | 32,608,000 | 29,300,000 | 43,645,000 | 32,785,000 | 26,584,000 | 27,588,000 | 27,984,000 | 31,492,000 | 22,921,000 | 35,681,000 | 56,439,000 | 21,105,000 | 21,410,000 | 27,611,000 | 18,199,000 | 11,308,000 | 22,180,000 | 25,415,000 | 21,770,000 | 29,381,000 | 26,045,000 | 51,312,000 | 54,689,000 | 61,703,000 | 69,764,000 | 85,218,000 | 67,164,000 | 82,160,000 | 46,777,000 | 58,561,000 | 57,560,000 | 65,666,000 | 56,404,000 | 50,681,000 | 29,481,000 | 79,951,000 | 56,031,000 | 39,731,000 | 21,259,000 | |||||||||||||||||||||||||||||||
oil and natural gas properties and other, net - at cost | 694,304,000 | 713,063,000 | 730,044,000 | 720,951,000 | 524,512,000 | 514,765,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
advance from joint interest partner | 7,721,000 | 11,129,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long term debt - carrying value | 624,747,000 | 624,222,000 | 668,058,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil | 84,650,000 | 102,786,000 | 86,703,000 | 116,618,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ngls | 6,452,000 | 4,373,000 | 6,448,000 | 8,734,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
natural gas | 29,300,000 | 23,686,000 | 21,838,000 | 22,977,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenues | 124,128,000 | 132,221,000 | 116,080,000 | 149,612,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating costs and expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease operating expenses | 54,775,000 | 47,185,000 | 43,456,000 | 35,582,000 | 31,519,000 | 40,164,000 | 37,520,000 | 36,622,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
production taxes | 916,000 | 588,000 | 416,000 | 439,000 | 449,000 | 515,000 | 482,000 | 370,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gathering and transportation | 5,449,000 | 5,955,000 | 6,423,000 | 4,928,000 | 5,318,000 | 6,209,000 | 5,161,000 | 6,398,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, depletion, amortization and accretion | 39,126,000 | 38,841,000 | 33,766,000 | 39,757,000 | 40,364,000 | 39,990,000 | 51,500,000 | 57,493,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative expenses | 13,963,000 | 10,106,000 | 14,109,000 | 14,220,000 | 16,474,000 | 13,274,000 | 12,692,000 | 16,235,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative (gain) loss | -61,912,000 | -5,853,000 | 6,219,000 | -3,689,000 | 412,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total costs and expenses | 52,317,000 | 96,822,000 | 147,056,000 | 101,145,000 | 90,435,000 | 96,197,000 | 165,679,000 | 226,652,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | 71,811,000 | 35,399,000 | -30,976,000 | 48,467,000 | 32,888,000 | 28,196,000 | -58,276,000 | -126,997,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | 17,110,000 | 14,445,000 | 16,282,000 | 12,147,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on purchase of debt | -18,501,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 723,000 | 555,000 | 331,000 | 125,000 | 5,168,000 | 191,000 | -73,000 | -24,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax expense | 72,479,000 | -47,589,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | 6,499,000 | 172,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 65,980,000 | 75,899,000 | -47,761,000 | 36,083,000 | 33,315,000 | 24,299,000 | 45,928,000 | -120,922,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted earnings per common share | 460 | 530 | -340 | 250 | 230 | 170 | 480 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax (benefit) expense | 20,399,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax (benefit) expense | -55,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative loss | 48,886,000 | 4,942,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and natural gas properties and other, net - at cost: | 576,073,000 | 555,254,000 | 550,681,000 | 538,114,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes receivable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of long-term debt: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of long-term debt - carrying value | 224,746,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long term debt, less current portion - carrying value | 760,970,000 | 982,617,000 | 984,337,000 | 1,010,734,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | -1,031,439,000 | -1,118,527,000 | -1,117,230,000 | -1,150,545,000 | -1,191,327,000 | -1,237,255,000 | -1,116,333,000 | -925,824,000 | -874,218,000 | -396,650,000 | -136,201,000 | 118,894,000 | 159,930,000 | 166,911,000 | 164,738,000 | 161,212,000 | 212,594,000 | 205,247,000 | 189,699,000 | 169,167,000 | 218,545,000 | 226,100,000 | 178,954,000 | 186,197,000 | 136,247,000 | 84,051,000 | 68,380,000 | 99,977,000 | 75,772,000 | 50,142,000 | 10,066,000 | -40,048,000 | -38,726,000 | -32,752,000 | 200,274,000 | 1,072,529,000 | 996,638,000 | 864,318,000 | 786,803,000 | 769,670,000 | 735,613,000 | 692,378,000 | 681,634,000 | 648,080,000 | 581,379,000 | 544,897,000 | 491,050,000 | 442,171,000 | 390,389,000 | 345,927,000 | 307,965,000 | |||||||||||||||||||||||||||||
gain on exchange of debt | 8,056,000 | 123,960,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax benefit | 36,195,000 | 24,340,000 | 16,711,000 | 42,139,000 | -156,644,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | 112,000 | -8,975,000 | -7,588,000 | -3,789,000 | -35,722,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance reimbursement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax receivables | 52,097,000 | 68,974,000 | 59,789,000 | 52,097,000 | 52,097,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues | 123,323,000 | 124,393,000 | 107,403,000 | 99,655,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ceiling test write-down of oil and natural gas properties | 57,912,000 | 104,592,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
incurred | 11,436,000 | 11,294,000 | 23,693,000 | 29,773,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalized | -75,000 | -102,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative gain | -3,955,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment - at cost: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and natural gas properties and equipment | 7,937,338,000 | 7,901,252,000 | 7,895,402,000 | 7,902,494,000 | 8,257,118,000 | 8,207,165,000 | 8,133,244,000 | 8,045,666,000 | 7,865,702,000 | 7,628,208,000 | 7,443,733,000 | 7,339,097,000 | 7,120,086,000 | 7,009,835,000 | 6,836,590,000 | 6,694,510,000 | 6,229,626,000 | 6,090,065,000 | 6,018,210,000 | 5,858,814,000 | 5,707,628,000 | 5,263,334,000 | 5,225,582,000 | 5,027,907,000 | 4,943,283,000 | 4,757,588,000 | 4,732,696,000 | 4,822,128,000 | 4,832,494,000 | 4,809,339,000 | 4,684,730,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
furniture, fixtures and other | 20,898,000 | 20,873,000 | 20,802,000 | 20,802,000 | 21,372,000 | 23,981,000 | 23,495,000 | 23,269,000 | 22,128,000 | 21,660,000 | 21,633,000 | 21,431,000 | 21,325,000 | 20,848,000 | 21,949,000 | 21,786,000 | 20,912,000 | 20,169,000 | 20,001,000 | 16,158,000 | 16,018,000 | 15,921,000 | 15,841,000 | 15,485,000 | 15,248,000 | 15,177,000 | 15,080,000 | 15,019,000 | 14,850,000 | 14,634,000 | 14,370,000 | 13,745,000 | 12,294,000 | 10,734,000 | 10,267,000 | 10,711,000 | 11,764,000 | 11,314,000 | 10,948,000 | 13,738,000 | 10,096,000 | 9,290,000 | 7,033,000 | 6,985,000 | 6,742,000 | 6,642,000 | 6,627,000 | |||||||||||||||||||||||||||||||||
total property and equipment | 7,958,236,000 | 7,922,125,000 | 7,916,204,000 | 7,923,296,000 | 8,278,490,000 | 8,231,146,000 | 8,156,739,000 | 8,068,935,000 | 7,887,830,000 | 7,649,868,000 | 7,465,366,000 | 7,360,528,000 | 7,141,411,000 | 7,030,683,000 | 6,858,539,000 | 6,716,296,000 | 6,250,538,000 | 6,110,234,000 | 6,038,211,000 | 5,874,972,000 | 5,723,646,000 | 5,279,255,000 | 5,241,423,000 | 5,043,392,000 | 4,958,531,000 | 4,772,765,000 | 4,747,776,000 | 4,837,147,000 | 4,847,344,000 | 4,823,973,000 | 4,699,100,000 | 4,526,323,000 | 4,256,806,000 | 4,097,879,000 | 3,815,475,000 | 3,586,247,000 | 3,502,121,000 | 3,442,511,000 | 3,308,101,000 | 3,082,452,000 | 1,762,866,000 | 1,609,451,000 | 1,486,865,000 | 1,379,571,000 | 1,296,194,000 | 1,203,716,000 | 1,147,367,000 | |||||||||||||||||||||||||||||||||
less accumulated depreciation, depletion and amortization | 7,371,677,000 | 7,266,289,000 | 7,108,925,000 | 6,933,247,000 | 6,838,075,000 | 6,306,119,000 | 5,955,539,000 | 5,575,078,000 | 5,449,545,000 | 5,326,074,000 | 5,202,966,000 | 5,084,704,000 | 4,950,768,000 | 4,851,973,000 | 4,759,198,000 | 4,655,841,000 | 4,556,548,000 | 4,484,496,000 | 4,403,418,000 | 4,240,069,000 | 4,163,013,000 | 4,087,133,000 | 4,021,395,000 | 3,954,851,000 | 3,885,800,000 | 3,815,904,000 | 3,752,980,000 | 3,666,506,000 | 3,586,368,000 | 3,508,753,000 | 3,217,759,000 | 1,936,822,000 | 1,832,621,000 | 1,688,713,000 | 1,552,744,000 | 1,399,196,000 | 1,281,657,000 | 1,161,069,000 | 1,042,315,000 | 911,635,000 | 829,494,000 | 764,421,000 | 717,583,000 | 675,120,000 | 631,718,000 | 582,111,000 | 543,154,000 | |||||||||||||||||||||||||||||||||
net property and equipment | 586,559,000 | 655,836,000 | 807,279,000 | 990,049,000 | 1,440,415,000 | 1,925,027,000 | 2,201,200,000 | 2,493,857,000 | 2,438,285,000 | 2,323,794,000 | 2,262,400,000 | 2,275,824,000 | 2,190,643,000 | 2,178,710,000 | 2,099,341,000 | 2,060,455,000 | 1,693,990,000 | 1,625,738,000 | 1,634,793,000 | 1,634,903,000 | 1,560,633,000 | 1,192,122,000 | 1,220,028,000 | 1,088,541,000 | 1,072,731,000 | 956,861,000 | 994,796,000 | 1,170,641,000 | 1,260,976,000 | 1,315,220,000 | 1,481,341,000 | 2,589,501,000 | 2,424,185,000 | 2,409,166,000 | 2,262,731,000 | 2,187,051,000 | 2,220,464,000 | 2,281,442,000 | 2,265,786,000 | 2,170,817,000 | 933,372,000 | 845,030,000 | 769,282,000 | 704,451,000 | 664,476,000 | 621,605,000 | 604,213,000 | |||||||||||||||||||||||||||||||||
long-term debt, less current portion | 1,014,221,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see notes to condensed consolidated financial statements | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted loss per common share | -1,580 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, less current maturities | 1,345,954,000 | 1,473,348,000 | 1,468,870,000 | 1,426,437,000 | 1,360,057,000 | 1,260,665,000 | 1,224,262,000 | 1,193,847,000 | 1,205,421,000 | 1,087,611,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders' equity | 509,308,000 | 550,194,000 | 553,387,000 | 547,324,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders' equity | 2,709,107,000 | 2,652,024,000 | 2,549,772,000 | 2,494,604,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax | 120,000 | 3,155,000 | 3,120,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment – at cost: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash and cash equivalents | 16,459,000 | 24,026,000 | 30,763,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes—current | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax – current | 5,760,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax receivable | 47,884,000 | 14,284,000 | 12,033,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes payable | 266,000 | 350,000 | 363,000 | 313,000 | 1,657,000 | 2,596,000 | 17,552,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes – current portion | 13,081,000 | 2,511,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposit for acquisition | 22,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance | 1,664,000 | 6,925,000 | 3,875,000 | 1,014,000 | 11,482,000 | 13,848,000 | 29,922,000 | 30,543,000 | 43,478,000 | 55,579,000 | 10,453,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes deferred – current portion | 5,293,000 | 2,249,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt – current portion | 43,850,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, less current maturities – net of discount | 450,000,000 | 450,000,000 | 592,500,000 | 592,500,000 | 649,768,000 | 650,172,000 | 650,568,000 | 650,965,000 | 651,366,000 | 651,764,000 | 653,989,000 | 481,903,000 | 316,233,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of long-term debt | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -250,000 | -347,000 | -487,000 | -643,000 | -804,000 | -954,000 | -1,075,000 | -1,131,000 | -801,000 | -951,000 | -573,000 | -745,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset retirement obligations – current portion | 85,784,000 | 67,007,000 | 41,057,000 | 38,787,000 | 30,022,000 | 40,256,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and gas sales | 33,914,000 | 165,312,000 | 137,225,000 | 113,567,000 | 77,933,000 | 84,780,000 | 93,927,000 | 98,362,000 | 78,491,000 | 40,653,000 | 29,184,000 | 43,892,000 | 22,317,000 | 39,935,000 | 41,688,000 | 40,427,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and gas properties and equipment | 4,512,578,000 | 4,244,512,000 | 4,087,145,000 | 3,805,208,000 | 3,297,153,000 | 3,068,714,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
undistributed oil and gas proceeds | 66,144,000 | 57,362,000 | 48,404,000 | 47,911,000 | 51,829,000 | 49,176,000 | 43,151,000 | 46,933,000 | 16,985,000 | 6,205,000 | 8,564,000 | 11,667,000 | 8,589,000 | 12,553,000 | 11,829,000 | 13,286,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment—at cost: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset retirement obligations— current portion | 30,366,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and gas property and equipment | 3,575,536,000 | 3,490,357,000 | 3,431,197,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset retirement obligations—current portion | 24,762,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes—current portion | 7,896,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, less current maturities—net of discount | 652,160,000 | 413,617,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes, less current portion | 242,579,000 | 240,543,000 | 246,338,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance receivables | 75,151,000 | 51,579,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of long-term debt – net of discount | 1,556,000 | 161,800,000 | 354,640,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 518,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of long-term debt—net of discount | 271,380,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current income taxes payable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
royalty deposits | 8,073,000 | 6,266,000 | 5,166,000 | 5,166,000 | 5,166,000 | 5,166,000 | 5,166,000 | 5,166,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and gas properties and equipment – full cost method of accounting | 1,752,770,000 | 1,600,161,000 | 1,372,586,000 | 1,289,452,000 | 1,197,074,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and gas properties and equipment—full cost method of accounting | 1,479,832,000 | 1,140,740,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred financing costs, less accumulated amortization of 1,282 and | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
940 in 2005 and 2004, respectively | 1,066,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred stock, 0.00001 par value... | 45,435,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred financing costs, less accumulated amortization | 1,140,000 | 1,222,000 | 1,303,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments | 1,822,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred financing costs, less accumulated amortization of 940 and 479 in 2004 and 2003, respectively | 517,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 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 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 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 | 2011-09-30 | 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 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss | -22,530,000 | -71,474,000 | -20,884,000 | -30,577,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, depletion, amortization and accretion | 35,782,000 | 36,794,000 | 36,582,000 | 35,127,000 | 41,283,000 | 46,365,000 | 42,054,000 | 45,074,000 | 41,906,000 | 41,035,000 | 36,632,000 | 35,894,000 | 30,134,000 | 34,246,000 | 34,113,000 | 34,360,000 | 30,911,000 | 29,568,000 | 26,290,000 | 30,952,000 | 26,637,000 | 26,548,000 | 25,127,000 | 29,483,000 | 39,126,000 | 37,818,000 | 38,841,000 | 38,073,000 | 33,766,000 | 38,839,000 | 36,489,000 | 40,364,000 | 39,990,000 | 38,883,000 | 51,500,000 | 57,493,000 | 63,733,000 | 97,329,000 | 103,342,000 | 125,467,000 | 130,889,000 | 128,671,000 | 128,236,000 | 123,306,000 | 138,618,000 | 104,144,000 | 99,895,000 | 108,872,000 | 104,338,000 | 77,462,000 | 85,941,000 | 88,491,000 | 84,455,000 | 83,370,000 | 74,092,000 | 73,554,000 | 75,315,000 | 76,022,000 | 69,209,000 | 78,334,000 | 88,073,000 | 87,695,000 | 91,535,000 | 108,581,000 | 113,872,000 | 153,835,000 | 145,488,000 | 159,552,000 | 123,113,000 | 126,044,000 | 124,201,000 | 135,735,000 | 85,466,000 | 67,334,000 | 49,092,000 | 45,037,000 | 45,606,000 | 51,921,000 | 41,269,000 |
share-based compensation | 7,443,000 | 3,729,000 | 3,536,000 | 2,874,000 | 2,087,000 | 3,818,000 | 1,956,000 | 1,386,000 | 3,032,000 | 3,124,000 | 3,250,000 | 2,087,000 | 1,922,000 | 2,743,000 | 2,645,000 | 2,014,000 | 520,000 | 1,585,000 | 858,000 | 467,000 | 454,000 | 817,000 | 1,075,000 | 1,019,000 | 1,048,000 | 1,261,000 | 1,248,000 | 1,259,000 | -78,000 | 1,742,000 | 1,983,000 | 1,538,000 | 1,928,000 | 3,371,000 | 2,521,000 | 2,585,000 | 2,536,000 | 2,605,000 | 2,892,000 | 2,816,000 | 3,346,000 | 3,754,000 | 3,886,000 | 3,758,000 | 3,068,000 | 3,507,000 | 2,695,000 | 2,255,000 | 3,261,000 | 3,319,000 | 3,159,000 | 2,659,000 | 2,775,000 | 1,836,000 | 1,826,000 | 367,000 | 446,000 | 301,000 | 1,430,000 | 29,000 | 5,000 | 4,000 | 381,000 | ||||||||||||||||
amortization of debt issuance costs | 779,000 | 766,000 | 766,000 | 740,000 | 1,099,000 | 759,000 | 701,000 | 586,000 | 208,000 | 320,000 | 938,000 | 79,000 | 80,000 | 80,000 | 79,000 | 80,000 | 103,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 0 | 0 | 0 | 15,015,000 | 2,031,000 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative loss | 24,513,000 | 2,757,000 | -829,000 | -39,240,000 | -24,359,000 | 38,749,000 | -8,854,000 | 79,997,000 | 81,442,000 | 24,578,000 | 18,659,000 | -5,853,000 | -1,805,000 | 48,886,000 | 7,492,000 | 3,368,000 | 39,634,000 | -5,896,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative cash receipts (settlements) | 318,000 | -1,638,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax benefit | -27,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | -15,887,000 | 1,293,000 | 3,895,000 | 2,041,000 | -1,935,000 | -17,064,000 | 21,913,000 | -7,108,000 | -17,362,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | -2,914,000 | 2,737,000 | -111,000 | 238,000 | 547,000 | 1,792,000 | 2,502,000 | -6,177,000 | 433,000 | -28,262,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued liabilities and other | -7,760,000 | 17,577,000 | -1,545,000 | 26,151,000 | -18,858,000 | 3,831,000 | -2,962,000 | 26,416,000 | -852,000 | 45,197,000 | 8,937,000 | -1,135,000 | -42,277,000 | -77,600,000 | 18,928,000 | 30,987,000 | 15,651,000 | -19,452,000 | 35,165,000 | 8,502,000 | 21,884,000 | -16,815,000 | 6,735,000 | -24,484,000 | -6,790,000 | -21,646,000 | 6,359,000 | 11,122,000 | -6,871,000 | -15,364,000 | 19,663,000 | -236,000 | 6,902,000 | -9,253,000 | 983,000 | -13,238,000 | 28,005,000 | 64,491,000 | -8,423,000 | -62,439,000 | 14,523,000 | 37,574,000 | 10,236,000 | -20,850,000 | 30,206,000 | -7,153,000 | 9,921,000 | ||||||||||||||||||||||||||||||||
asset retirement obligation settlements | -17,166,000 | -11,892,000 | -8,895,000 | -12,207,000 | -3,771,000 | -19,348,000 | -8,347,000 | -8,209,000 | -3,788,000 | -9,052,000 | -13,077,000 | -3,199,000 | -8,642,000 | -14,940,000 | -21,510,000 | -34,283,000 | -5,492,000 | -7,565,000 | -8,531,000 | -10,251,000 | -962,000 | -551,000 | -624,000 | -1,915,000 | -249,000 | -3,703,000 | -5,099,000 | -2,387,000 | -254,000 | -16,183,000 | -20,205,000 | -21,522,000 | -14,499,000 | -16,153,000 | -31,011,000 | -21,976,000 | -3,180,000 | -3,576,000 | -2,385,000 | -19,554,000 | -32,302,000 | -11,673,000 | -13,996,000 | -16,342,000 | -26,302,000 | -9,422,000 | -23,464,000 | ||||||||||||||||||||||||||||||||
net cash from operating activities | 2,551,000 | 25,940,000 | 26,537,000 | 27,962,000 | -3,196,000 | -4,317,000 | 14,768,000 | 37,446,000 | 11,642,000 | 35,664,000 | 30,030,000 | 26,197,000 | 23,435,000 | 12,679,000 | 89,092,000 | 210,222,000 | 27,537,000 | 22,377,000 | 65,097,000 | 1,230,000 | 44,964,000 | -6,229,000 | 21,260,000 | 9,154,000 | 84,324,000 | 45,631,000 | 80,280,000 | 21,471,000 | 84,845,000 | 29,088,000 | 64,735,000 | -15,598,000 | 81,183,000 | 23,348,000 | 2,101,000 | -40,978,000 | 29,709,000 | 104,732,000 | 29,319,000 | 742,000 | 86,478,000 | 153,895,000 | 152,560,000 | 118,490,000 | 85,525,000 | 178,471,000 | 127,528,000 | 169,834,000 | 33,648,000 | 110,164,000 | 113,168,000 | 128,157,000 | 166,206,000 | 157,120,000 | 72,725,000 | 71,895,000 | 148,559,000 | 157,358,000 | 86,960,000 | 64,395,000 | 45,458,000 | 12,016,000 | 34,397,000 | -157,763,000 | 492,297,000 | 305,563,000 | 242,399,000 | 215,929,000 | 164,290,000 | 161,717,000 | 146,661,000 | 220,121,000 | 123,364,000 | 114,799,000 | 113,305,000 | 100,149,000 | 145,343,000 | 126,123,000 | 72,428,000 |
capital expenditures | -203,000 | 0 | -7,000 | -11,000 | -103,000 | -19,000 | -69,000 | -73,000 | -24,000 | -347,000 | -2,863,000 | -62,000 | -156,000 | 0 | 0 | 0 | 0 | 0 | 0 | 2,000 | -460,000 | 0 | 0 | -70,000 | -69,000 | 0 | 0 | 0 | -28,000 | -52,000 | 0 | -853,000 | 0 | -26,000 | 0 | -476,000 | -483,000 | -226,000 | -1,159,000 | -466,000 | -1,455,000 | -260,000 | -108,000 | -346,000 | -867,000 | -114,000 | -906,000 | -1,457,000 | -168,000 | -500,000 | -140,000 | -98,000 | -80,000 | -355,000 | -238,000 | -59,000 | -108,000 | -56,000 | -170,000 | -211,000 | -268,000 | -979,000 | -1,531,000 | -1,630,000 | -672,000 | -363,000 | 555,000 | -487,000 | -416,000 | 1,880,000 | -3,642,000 | -806,000 | -2,257,000 | -401,000 | -243,000 | -100,000 | -15,000 | ||
free cash flows | 2,348,000 | 25,940,000 | 26,530,000 | 27,951,000 | -3,299,000 | -4,336,000 | 14,699,000 | 37,373,000 | 11,618,000 | 35,317,000 | 27,167,000 | 26,135,000 | 23,279,000 | 12,679,000 | 89,092,000 | 210,222,000 | 22,377,000 | 65,097,000 | 1,230,000 | 44,966,000 | -6,689,000 | 21,260,000 | 9,154,000 | 84,254,000 | 45,562,000 | 80,280,000 | 21,471,000 | 84,845,000 | 29,060,000 | 64,683,000 | -15,598,000 | 80,330,000 | 23,348,000 | 2,075,000 | -40,978,000 | 104,256,000 | 28,836,000 | 516,000 | 85,319,000 | 153,429,000 | 151,105,000 | 118,230,000 | 85,417,000 | 178,125,000 | 126,661,000 | 169,720,000 | 32,742,000 | 108,707,000 | 113,000,000 | 127,657,000 | 166,066,000 | 157,022,000 | 72,645,000 | 71,540,000 | 148,321,000 | 157,299,000 | 86,852,000 | 64,339,000 | 45,288,000 | 11,805,000 | 34,129,000 | -158,742,000 | 490,766,000 | 303,933,000 | 241,727,000 | 215,566,000 | 164,845,000 | 161,230,000 | 146,245,000 | 222,001,000 | 119,722,000 | 113,993,000 | 111,048,000 | 99,748,000 | 145,100,000 | 126,023,000 | 72,413,000 | ||
investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in oil and natural gas properties and equipment | -10,127,000 | -9,769,000 | -21,794,000 | -10,422,000 | -6,665,000 | -14,124,000 | -9,577,000 | -6,576,000 | -7,080,000 | -10,319,000 | -7,960,000 | -15,632,000 | -7,367,000 | -11,666,000 | -4,477,000 | -8,050,000 | -17,439,000 | -16,037,000 | -10,169,000 | -4,281,000 | -1,575,000 | 23,551,000 | -1,234,000 | -6,374,000 | -33,575,000 | -32,224,000 | -30,333,000 | -31,568,000 | -31,581,000 | -50,960,000 | -35,288,000 | -20,462,000 | -23,338,000 | -24,544,000 | -6,350,000 | -4,809,000 | -12,903,000 | -41,817,000 | -68,229,000 | -82,765,000 | -170,425,000 | -171,273,000 | -117,613,000 | -95,067,000 | -128,862,000 | -123,879,000 | -162,587,000 | -136,626,000 | -166,941,000 | -125,088,000 | -102,658,000 | -84,626,000 | -99,421,000 | -45,873,000 | -39,928,000 | -51,282,000 | -37,722,000 | -49,802,000 | -39,903,000 | 2,252,000 | -36,281,000 | -111,320,000 | -128,364,000 | ||||||||||||||||
acquisition of property interests | 0 | 0 | -311,000 | -400,000 | 0 | 0 | -120,000 | -80,515,000 | 1,479,000 | 0 | -3,849,000 | -17,472,000 | -30,153,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of oil and natural gas properties | 0 | 0 | -19,000 | 11,935,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance proceeds | 0 | 0 | 0 | 58,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of furniture, fixtures and other | -203,000 | 0 | -7,000 | -11,000 | -103,000 | -19,000 | -69,000 | -73,000 | -24,000 | -347,000 | -2,863,000 | -62,000 | -156,000 | 0 | 0 | 0 | 2,000 | -460,000 | 0 | 0 | -70,000 | -69,000 | -28,000 | -52,000 | 0 | -853,000 | 0 | -26,000 | -476,000 | -483,000 | -226,000 | -1,159,000 | -466,000 | -1,455,000 | -260,000 | -108,000 | -346,000 | -867,000 | -114,000 | -906,000 | -1,457,000 | -168,000 | -500,000 | -140,000 | -98,000 | -80,000 | -355,000 | -238,000 | -59,000 | -108,000 | -56,000 | -170,000 | -211,000 | -268,000 | -979,000 | -1,531,000 | -1,630,000 | -672,000 | -363,000 | 555,000 | -487,000 | -416,000 | 1,880,000 | -3,642,000 | -806,000 | -2,257,000 | -401,000 | -243,000 | -100,000 | -15,000 | |||||||||
net cash from investing activities | -10,330,000 | -9,769,000 | -20,874,000 | -10,763,000 | 63,267,000 | -14,143,000 | -9,646,000 | -6,769,000 | -87,619,000 | -2,157,000 | -44,913,000 | -21,224,000 | -13,314,000 | -5,403,000 | -10,777,000 | -33,938,000 | -44,962,000 | -15,038,000 | -3,474,000 | -5,601,000 | -3,331,000 | -5,907,000 | -1,234,000 | -4,828,000 | -35,647,000 | -52,594,000 | -188,071,000 | -41,568,000 | -31,581,000 | -32,793,000 | -28,834,000 | -22,457,000 | -23,023,000 | -22,338,000 | -9,654,000 | -17,821,000 | -32,583,000 | -107,756,000 | -68,712,000 | -82,991,000 | -172,303,000 | -189,891,000 | -172,431,000 | -95,327,000 | -194,938,000 | -119,673,000 | -163,454,000 | -136,740,000 | -326,571,000 | -142,608,000 | -103,136,000 | -85,126,000 | -137,152,000 | -442,947,000 | -40,008,000 | -171,907,000 | -37,960,000 | -166,450,000 | -38,676,000 | 25,375,000 | -36,537,000 | -97,910,000 | -128,625,000 | -148,406,000 | -223,999,000 | -154,952,000 | -246,506,000 | -86,101,000 | -75,310,000 | -63,860,000 | -134,816,000 | -199,823,000 | -1,181,551,000 | -151,558,000 | -122,971,000 | -91,642,000 | -82,623,000 | -91,121,000 | -56,087,000 |
financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of 10.75% senior second lien notes | 0 | 0 | 0 | 350,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of 11.75% senior second lien notes | 0 | 0 | 0 | -269,830,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of term loan | 0 | 0 | 0 | -114,159,000 | -7,412,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of tvpx loan | -275,000 | -275,000 | -275,000 | -275,000 | -275,000 | -275,000 | -275,000 | -275,000 | -275,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of government securities in connection with legal defeasance of 11.75% senior second lien notes | 0 | 541,000 | 0 | -5,889,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premium payments and debt extinguishment costs | 0 | 0 | 0 | -10,230,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt issuance costs | -159,000 | -121,000 | 0 | -436,000 | -11,042,000 | -183,000 | -174,000 | -93,000 | -312,000 | 0 | -128,000 | -898,000 | -6,354,000 | -385,000 | 0 | -1,021,000 | -269,000 | -441,000 | -184,000 | -355,000 | 0 | 0 | 0 | -889,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of dividends | -1,488,000 | -1,499,000 | -1,515,000 | -1,499,000 | -1,493,000 | -1,475,000 | -1,473,000 | -1,485,000 | -1,469,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | -3,000 | -342,000 | -199,000 | -223,000 | -13,000 | -31,000 | -271,000 | -483,000 | -9,000 | -200,000 | -25,000 | -723,000 | 0 | -13,000 | -1,344,000 | 421,000 | -127,000 | -245,000 | -1,011,000 | 0 | 0 | 83,000 | 0 | 104,000 | -50,000 | -164,000 | -65,000 | -51,000 | -65,000 | -1,452,000 | 92,000 | -300,000 | -42,000 | 588,000 | -85,000 | -37,000 | -87,000 | 388,000 | 152,000 | 219,000 | 239,000 | 328,000 | 233,000 | 184,000 | 88,000 | 260,000 | 692,000 | 4,000 | 50,000 | ||||||||||||||||||||||||||||||
net cash from financing activities | -1,922,000 | -1,898,000 | -1,591,000 | -2,409,000 | -63,141,000 | -1,946,000 | -1,953,000 | -2,124,000 | -2,539,000 | -9,162,000 | -7,751,000 | -10,735,000 | -294,089,000 | 6,951,000 | -8,909,000 | -14,035,000 | -12,899,000 | -14,707,000 | -13,187,000 | 160,160,000 | -32,000,000 | -670,000 | 0 | -15,394,000 | -33,536,000 | -2,345,000 | 83,823,000 | -310,000 | -441,000 | -3,401,000 | -2,057,000 | -15,720,000 | -2,301,000 | -4,125,000 | -90,920,000 | -140,000,000 | 288,083,000 | 4,816,000 | 36,697,000 | 66,950,000 | 92,271,000 | 29,369,000 | 23,383,000 | -18,628,000 | 109,986,000 | -52,847,000 | 32,925,000 | -33,062,000 | 298,175,000 | 30,884,000 | -9,987,000 | -39,035,000 | -2,979,000 | -51,844,000 | -2,986,000 | -2,241,000 | -2,240,000 | -158,929,000 | -2,308,000 | -64,411,000 | -12,286,000 | -21,590,000 | -7,384,000 | -3,041,000 | -33,116,000 | -3,585,000 | -3,263,000 | -70,000 | -46,777,000 | 6,866,000 | 972,949,000 | -1,985,000 | -41,979,000 | 38,681,000 | -1,320,000 | -1,319,000 | -35,889,000 | ||
change in cash, cash equivalents and restricted cash | -9,701,000 | 14,273,000 | 4,072,000 | 14,790,000 | -3,070,000 | -20,406,000 | 3,169,000 | 28,553,000 | -78,516,000 | 24,345,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, beginning of year | 140,620,000 | 0 | 0 | 0 | 110,555,000 | 0 | 0 | 0 | 177,755,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, end of period | 130,919,000 | 14,273,000 | 4,072,000 | 14,790,000 | 107,485,000 | -20,406,000 | 3,169,000 | 28,553,000 | 99,239,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | -23,362,000 | -36,921,000 | -15,388,000 | -11,474,000 | -443,000 | 2,145,000 | -12,109,000 | 26,005,000 | 43,449,000 | 66,721,000 | 123,436,000 | -2,457,000 | 48,904,000 | -37,964,000 | -51,672,000 | -746,000 | -8,947,000 | -13,339,000 | -5,904,000 | 65,980,000 | 9,559,000 | 75,899,000 | 36,389,000 | -47,761,000 | 23,365,000 | -1,297,000 | 33,315,000 | 24,299,000 | 16,483,000 | 45,928,000 | -120,922,000 | -190,509,000 | -477,568,000 | -260,449,000 | -255,095,000 | -33,371,000 | 684,000 | 9,837,000 | 11,189,000 | -11,886,000 | 14,194,000 | 22,396,000 | 26,618,000 | 16,669,000 | -1,470,000 | 53,567,000 | 3,218,000 | 52,928,000 | 55,175,000 | 18,649,000 | 20,519,000 | 27,188,000 | 27,870,000 | 42,315,000 | 50,114,000 | -1,322,000 | -5,974,000 | -230,737,000 | -851,416,000 | 78,181,000 | 134,610,000 | 79,806,000 | 49,410,000 | 36,340,000 | 45,521,000 | 13,029,000 | 38,107,000 | 66,701,000 | 38,465,000 | 55,831,000 | 50,857,000 | 53,102,000 | 45,782,000 | 39,282,000 | |||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative gain | -195,000 | -4,108,000 | -3,199,000 | 2,374,000 | -4,877,000 | -3,843,000 | -3,955,000 | -2,493,000 | 23,840,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative cash receipts | 392,000 | 11,254,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income expense | 1,866,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of corporate aircraft | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution from unconsolidated affiliate | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of 11.75% senior second lien notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of 9.75% second senior lien notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income benefit | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative cash (settlements) receipts | -5,326,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income (benefit) taxes | -5,517,000 | -1,941,000 | -4,545,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization and write-off of debt issuance costs | 1,117,000 | 1,109,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative cash premium payments | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of 11.75% notes senior second lien notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of term loan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposit related to acquisition of property interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative cash settlements | 2,358,000 | 2,599,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization and write off of debt issuance costs | 1,292,000 | 1,266,000 | 1,351,000 | 1,114,000 | 3,249,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 733,000 | 3,838,000 | 3,067,000 | 7,184,000 | 4,396,000 | 5,013,000 | 13,140,000 | 27,764,000 | -733,000 | 10,637,000 | -5,820,000 | -12,803,000 | -203,000 | -6,880,000 | -21,200,000 | -8,706,000 | 6,499,000 | -11,695,000 | 172,000 | -104,000 | 109,000 | 107,000 | 105,000 | 12,908,000 | -3,801,000 | 24,167,000 | -4,882,000 | -18,550,000 | -44,134,000 | -103,574,000 | -17,585,000 | 904,000 | 5,276,000 | 6,645,000 | -661,000 | 7,855,000 | 11,219,000 | 12,507,000 | 43,644,000 | -3,655,000 | 45,570,000 | 2,550,000 | 23,716,000 | 26,379,000 | 9,347,000 | -14,749,000 | 3,538,000 | -205,000 | 3,150,000 | -204,000 | 16,000 | -313,693,000 | 15,646,000 | 24,920,000 | 23,682,000 | 8,659,000 | 868,000 | -9,098,000 | 8,322,000 | 40,668,000 | 14,890,000 | 26,649,000 | 24,438,000 | 9,785,000 | 13,803,000 | 11,676,000 | 7,038,000 | ||||||||||||
derivative cash payments | -2,809,000 | -30,515,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and natural gas receivables | -3,558,000 | -7,180,000 | 4,183,000 | 20,621,000 | 23,049,000 | 9,960,000 | -6,462,000 | -37,774,000 | -16,593,000 | 11,894,000 | -289,000 | -11,101,000 | -17,422,000 | 975,000 | 13,030,000 | 21,954,000 | -5,741,000 | -9,814,000 | -504,000 | 6,496,000 | -6,276,000 | 231,000 | 5,557,000 | -1,882,000 | -7,299,000 | -932,000 | -6,939,000 | 8,165,000 | 8,002,000 | -5,836,000 | 21,121,000 | 30,446,000 | -3,271,000 | -480,000 | 2,815,000 | -11,531,000 | -4,552,000 | 16,640,000 | 423,000 | -29,502,000 | 4,199,000 | 16,605,000 | 9,516,000 | 8,693,000 | -9,171,000 | -2,435,000 | -28,563,000 | 15,369,000 | -23,129,000 | 11,390,000 | -6,297,000 | ||||||||||||||||||||||||||||
joint interest receivables | 569,000 | -2,174,000 | 3,241,000 | -3,116,000 | 2,815,000 | -3,445,000 | 851,000 | -4,476,000 | 3,267,000 | -1,262,000 | 3,484,000 | -4,394,000 | -478,000 | 4,296,000 | -2,380,000 | 7,123,000 | 11,084,000 | 8,312,000 | -21,176,000 | -2,986,000 | 2,123,000 | -1,957,000 | -3,077,000 | 5,042,000 | -6,491,000 | 7,695,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash advances from jv partners | -145,000 | -3,000 | -50,000 | -21,000 | 163,000 | -2,242,000 | -1,263,000 | -8,550,000 | -2,234,000 | 13,924,000 | -2,902,000 | -1,023,000 | 13,006,000 | -31,194,000 | -2,680,000 | -26,117,000 | 44,644,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 107,978,000 | -1,383,000 | 17,280,000 | -11,882,000 | 5,539,000 | -57,621,000 | -310,000 | 36,000 | 0 | -325,000 | 259,000 | -34,000 | 2,953,000 | -35,000 | -9,105,000 | 44,854,000 | 6,207,000 | 2,372,000 | -33,684,000 | -2,265,000 | -11,676,000 | -10,386,000 | -937,000 | 3,318,000 | -18,275,000 | 19,915,000 | -7,361,000 | 90,570,000 | 943,000 | -34,745,000 | -556,000 | -10,371,000 | -6,428,000 | -107,006,000 | 23,375,000 | 30,968,000 | 5,733,000 | -9,290,000 | 6,930,000 | 32,243,000 | -1,304,000 | -66,888,000 | 20,556,000 | -6,375,000 | 5,394,000 | ||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities associated with investing activities | -1,820,000 | 3,623,000 | 3,453,000 | -5,791,000 | 6,343,000 | -2,451,000 | -8,416,000 | 2,630,000 | 1,660,000 | 6,695,000 | -1,320,000 | -1,758,000 | 18,195,000 | 6,506,000 | -1,995,000 | 1,168,000 | 2,206,000 | -3,278,000 | -13,442,000 | -20,680,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of 9.75% senior second lien notes due 2023 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of tvpx loan | -275,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of credit facility | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of 11.75% senior second lien notes due 2026 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of term loan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash, end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative (gain) loss | 11,161,000 | 15,414,000 | -61,912,000 | 65,000 | -467,000 | 24,659,000 | -17,323,000 | 4,770,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposit related to acqusition of property interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash, beginning of period | 0 | 0 | 465,774,000 | 0 | 0 | 0 | 250,216,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents and restricted cash, end of period | -22,634,000 | -5,762,000 | 181,806,000 | 14,227,000 | 69,406,000 | 162,249,000 | 219,892,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative cash (payments) receipts | 901,000 | -5,328,000 | -40,858,000 | -41,744,000 | 1,576,000 | -36,526,000 | -4,604,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other assets | -4,497,000 | 31,489,000 | 58,722,000 | 3,276,000 | -17,909,000 | -12,183,000 | 25,370,000 | -12,868,000 | -10,030,000 | -7,575,000 | 1,612,000 | 4,446,000 | -7,506,000 | 11,011,000 | 4,865,000 | -6,077,000 | -3,865,000 | -4,269,000 | 1,044,000 | 5,769,000 | 4,397,000 | -7,972,000 | 1,182,000 | -5,763,000 | -11,682,000 | 1,317,000 | 7,763,000 | -8,317,000 | 17,246,000 | -6,216,000 | 16,789,000 | 1,730,000 | 2,709,000 | 771,000 | 1,566,000 | -17,292,000 | 4,911,000 | 6,770,000 | 14,780,000 | -17,994,000 | 3,884,000 | 2,049,000 | -29,712,000 | 5,062,000 | 6,000,000 | 7,665,000 | -15,408,000 | 6,279,000 | 11,522,000 | 14,733,000 | -35,595,000 | 8,591,000 | 16,063,000 | 2,349,000 | -22,910,000 | 9,415,000 | 1,676,000 | -17,338,000 | 4,880,000 | 11,259,000 | |||||||||||||||||||
income tax | -6,588,000 | 4,243,000 | -1,201,000 | -1,743,000 | 3,179,000 | 44,000 | 133,000 | -61,000 | -15,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of note payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of 11.75% senior second lien notes | 0 | 275,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments on 9.75% second senior lien notes | 0 | -552,460,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments on term loan | -9,629,000 | -9,552,000 | -9,122,000 | -8,896,000 | -12,311,000 | -12,630,000 | -12,364,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | 14,227,000 | 69,406,000 | 162,249,000 | -30,324,000 | -7,368,000 | 48,436,000 | 155,789,000 | 9,633,000 | -12,806,000 | 20,026,000 | -11,068,000 | 15,141,000 | -9,308,000 | -23,968,000 | -20,407,000 | 52,823,000 | -7,106,000 | 33,844,000 | -53,775,000 | 55,859,000 | -198,799,000 | 285,209,000 | 1,792,000 | -2,696,000 | -15,299,000 | 6,446,000 | -6,627,000 | 3,512,000 | 4,535,000 | 573,000 | 5,951,000 | -3,001,000 | 32,000 | 5,252,000 | -1,560,000 | 45,000 | 3,996,000 | -1,044,000 | -49,683,000 | 29,738,000 | -151,856,000 | 107,613,000 | -11,333,000 | 46,044,000 | -69,159,000 | 6,613,000 | -327,759,000 | 260,914,000 | 126,243,000 | 85,717,000 | 27,164,000 | -85,238,000 | 47,188,000 | 61,400,000 | |||||||||||||||||||||||||
decrease in cash and cash equivalents | -283,968,000 | -106,514,000 | -37,223,000 | -34,932,000 | -51,645,000 | -19,548,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt items and other items | 1,437,000 | 1,749,000 | 1,771,000 | 2,594,000 | 2,460,000 | 1,128,000 | 948,000 | 2,019,000 | 1,583,000 | 1,569,000 | 2,057,000 | 1,625,000 | 1,600,000 | 1,429,000 | 1,333,000 | 1,152,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on debt transactions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings on credit facility | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments on credit facility | 0 | 0 | -48,000,000 | -32,000,000 | 0 | 0 | -25,000,000 | -25,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of 9.75% senior second lien notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from term loan | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from at-the-market equity offering | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commission & fees related to at-the-market sales | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative cash receipts (payments) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of senior second lien notes | 0 | 0 | -15,394,000 | -8,536,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative cash premium | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt issuance costs and other | -1,409,000 | -177,000 | 0 | -548,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 0 | 0 | 43,726,000 | 0 | 0 | 0 | 32,433,000 | 0 | 0 | 0 | 33,293,000 | 0 | 0 | 0 | 70,236,000 | 0 | 0 | 0 | 85,414,000 | 0 | 0 | 23,666,000 | 0 | 0 | 0 | 15,800,000 | 0 | 0 | 0 | 12,245,000 | 0 | 0 | 0 | 4,512,000 | 0 | 0 | 28,655,000 | 0 | 0 | 0 | 38,187,000 | 0 | 0 | 0 | 357,552,000 | 0 | 0 | 0 | 314,050,000 | 0 | 0 | 0 | 39,235,000 | 0 | 0 | 0 | 187,698,000 | 0 | 0 | 0 | 64,975,000 | ||||||||||||||||||
cash and cash equivalents, end of period | 48,436,000 | 155,789,000 | 53,359,000 | -12,806,000 | 20,026,000 | -11,068,000 | 47,574,000 | -9,308,000 | -23,968,000 | -20,407,000 | 86,116,000 | -7,106,000 | 33,844,000 | -53,775,000 | 126,095,000 | -3,115,000 | -98,473,000 | -198,799,000 | 370,623,000 | 1,792,000 | -2,696,000 | 8,367,000 | 6,446,000 | -6,627,000 | 3,512,000 | 20,335,000 | 573,000 | 5,951,000 | -3,001,000 | 12,277,000 | 5,252,000 | -1,560,000 | 45,000 | 8,508,000 | -1,044,000 | -49,683,000 | 58,393,000 | -151,856,000 | 107,613,000 | -11,333,000 | 84,231,000 | -69,159,000 | 6,613,000 | -150,305,000 | 251,038,000 | -327,759,000 | 260,914,000 | 147,570,000 | 276,827,000 | 126,243,000 | 85,717,000 | 97,787,000 | 4,303,000 | 27,164,000 | -85,238,000 | -38,744,000 | 136,053,000 | 47,188,000 | 61,400,000 | 33,683,000 | 45,427,000 | ||||||||||||||||||
derivatives cash receipts (payments) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of assets | 0 | 500,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of senior second lien notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
extinguishment of debt – principal | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
extinguishment of debt – premiums | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of interest on 1.5 lien term loan | -2,057,000 | -2,057,000 | -2,057,000 | -2,056,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of interest on 2nd lien pik toggle notes | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of interest on 3rd lien pik toggle notes | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt transactions costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash receipts on derivative settlements | 4,462,000 | 33,162,000 | 4,404,000 | 11,948,000 | 275,000 | 1,716,000 | 1,495,000 | 713,000 | 0 | 641,000 | 4,105,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on purchase of debt | 0 | -28,968,000 | -18,501,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash advance from jv partner | -3,408,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of property interest in oil and natural gas properties | 0 | -719,000 | -18,152,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of property interest | -2,002,000 | 0 | 118,000 | -116,669,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance reimbursements | 0 | 1,640,000 | 0 | 30,100,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
escrow deposit - apache lawsuit | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash receipts (payments) on derivative settlements | 4,791,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax receivables | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings of long-term debt - revolving bank credit facility | 0 | 0 | 0 | 340,000,000 | 69,000,000 | 112,000,000 | 82,000,000 | 178,000,000 | 158,000,000 | 128,000,000 | 92,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of long-term debt - revolving bank credit facility | 0 | -148,000,000 | -140,000,000 | -52,000,000 | -64,000,000 | -366,000,000 | -15,000,000 | -78,000,000 | -121,000,000 | -97,000,000 | -103,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposit/acquisition of property interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposit for acquisition | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on exchange of debt | 0 | 0 | 37,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ceiling test write-down of oil and gas properties | 441,688,000 | 252,772,000 | 260,390,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt issuance costs write-down/amortization of debt items | 444,000 | 435,000 | 424,000 | 412,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of 1.5 lien term loan | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of second lien term loan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt exchange/issuance costs | 0 | -544,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ceiling test write-down of oil and natural gas properties | 57,912,000 | 104,592,000 | 116,559,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint interest receivables and insurance | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from sales of assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends to shareholders | -7,565,000 | -7,566,000 | -7,566,000 | -7,563,000 | -39,276,000 | -6,775,000 | -6,775,000 | -6,020,000 | -64,984,000 | -5,950,000 | -5,950,000 | -5,948,000 | -2,979,000 | -2,978,000 | -2,979,000 | -52,142,000 | -2,986,000 | -2,241,000 | -2,240,000 | -2,286,000 | -2,291,000 | -2,292,000 | -2,289,000 | -20,840,000 | -4,582,000 | -2,291,000 | -32,286,000 | -2,287,000 | -2,287,000 | -2,286,000 | -2,277,000 | -2,278,000 | -1,983,000 | -1,985,000 | -1,979,000 | -1,319,000 | -1,320,000 | ||||||||||||||||||||||||||||||||||||||||||
debt issuance costs write-off/amortization of debt items | 255,000 | 196,000 | 1,684,000 | 430,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint interest and other receivables | 2,518,000 | -3,216,000 | 4,979,000 | -9,826,000 | -3,497,000 | 14,533,000 | -6,145,000 | -1,660,000 | 1,264,000 | 2,286,000 | 3,619,000 | -8,673,000 | 7,745,000 | 25,875,000 | -35,334,000 | 305,000 | 5,800,000 | -2,170,000 | -6,642,000 | 10,872,000 | 3,235,000 | -3,645,000 | 7,611,000 | -3,336,000 | 25,267,000 | 3,257,000 | 7,134,000 | 8,061,000 | 13,414,000 | -17,154,000 | 14,996,000 | -23,756,000 | -9,971,000 | -2,470,000 | 8,106,000 | -9,262,000 | -6,084,000 | -21,201,000 | 33,356,000 | -18,493,000 | -11,246,000 | ||||||||||||||||||||||||||||||||||||||
issuance of 9.00% term loan | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash payments on derivative settlements | 13,225,000 | -4,233,000 | -9,640,000 | -4,670,000 | -1,734,000 | -4,545,000 | 1,961,000 | -4,271,000 | -704,000 | -876,000 | -284,000 | -5,800,000 | -917,000 | -6,099,000 | -2,223,000 | 1,284,000 | 32,000 | 306,000 | -748,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt issuance costs and premium | 156,000 | 164,000 | 171,000 | 179,000 | 187,000 | 279,000 | 456,000 | 463,000 | 447,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of assets and other | -3,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of 8.50% senior notes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in restricted cash | 6,737,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset retirement obligations settlements | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | 5,715,000 | 26,872,000 | 5,710,000 | -271,000 | 30,274,000 | 26,236,000 | -32,618,000 | -1,737,000 | 32,394,000 | 1,869,000 | -64,411,000 | -50,902,000 | -33,826,000 | -1,898,000 | -30,604,000 | -155,533,000 | 164,203,000 | 28,809,000 | 14,731,000 | 36,179,000 | 6,801,000 | -33,838,000 | -97,987,000 | 121,920,000 | 10,553,000 | 21,178,000 | 8,623,000 | 24,318,000 | 7,853,000 | 29,091,000 | -31,770,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of 8.25% senior notes | -43,850,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase premium and debt issuance costs | -6,429,000 | -2,269,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance receivables | 102,000 | 2,076,000 | 0 | -215,000 | 715,000 | 6,388,000 | 3,288,000 | 9,295,000 | 18,110,000 | 6,884,000 | 23,363,000 | 6,516,000 | 13,598,000 | 13,029,000 | 5,021,000 | -8,413,000 | 0 | 0 | 0 | 75,151,000 | -24,852,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings of long-term debt – revolving bank credit facility | 83,000,000 | 140,000,000 | 112,000,000 | 416,000,000 | 119,000,000 | 202,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of long-term debt – revolving bank credit facility | -129,000,000 | -100,000,000 | -139,000,000 | -365,000,000 | -80,000,000 | -183,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of oil and natural gas properties and equipment | 0 | 0 | 85,000 | 0 | 0 | 1,335,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset retirement obligations | -49,677,000 | -33,922,000 | -23,844,000 | -5,384,000 | -21,646,000 | -12,233,000 | -17,470,000 | -24,546,000 | -27,410,000 | -26,859,000 | -8,351,000 | -23,672,000 | -44,428,000 | -23,131,000 | -7,838,000 | -17,612,000 | -26,814,000 | -5,467,000 | -11,320,000 | -10,377,000 | -15,899,000 | -10,735,000 | -2,256,000 | -3,711,000 | -7,001,000 | -11,560,000 | -2,220,000 | -4,295,000 | -5,031,000 | -4,258,000 | -4,284,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 14,000 | -3,000 | 0 | 915,000 | -224,000 | 50,000 | 65,000 | -9,294,000 | 596,000 | 12,356,000 | -2,000 | -10,000 | 210,000 | -123,000 | -224,000 | 5,000 | 39,000 | 14,000 | -57,000 | -24,000 | -2,000 | 15,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of property interests in oil and natural gas properties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of 8.5% senior notes | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings of long-term debt | 84,000,000 | 10,000,000 | 142,500,000 | 142,500,000 | 142,500,000 | 0 | 618,000,000 | 290,000,000 | 304,000,000 | 40,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of long-term debt | -117,000,000 | -10,000,000 | -200,000,000 | -142,500,000 | -142,500,000 | -142,500,000 | -142,500,000 | 0 | -267,691,000 | -750,000 | -750,000 | -750,000 | -750,000 | -750,000 | -750,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided (used) in financing activities | -30,098,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt issuance costs and discount on indebtedness | 480,000 | 335,000 | 334,000 | 335,000 | 335,000 | 334,000 | 335,000 | 327,000 | 467,000 | 709,000 | 717,000 | 716,000 | 657,000 | 659,000 | 632,000 | 579,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions of significant property interests in oil and natural gas properties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of oil and natural gas properties | 13,841,000 | 0 | -5,175,000 | 210,205,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from insurance | 1,742,000 | -86,000 | 5,253,000 | 7,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings of other long-term debt | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchases of common stock | -14,920,000 | 0 | 0 | -9,247,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation related to restricted stock issuances | 1,633,000 | 978,000 | 965,000 | 1,545,000 | 1,719,000 | 1,878,000 | 1,238,000 | 1,466,000 | 1,465,000 | 1,551,000 | 1,547,000 | 918,000 | 906,000 | 1,057,000 | 528,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized derivative gain | 599,000 | 16,471,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of senior notes | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and natural gas sales receivables | -1,916,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of oil and natural gas properties and equipment | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized derivative (gain) loss | -1,026,000 | -993,000 | -2,568,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from equity offering, net of costs | -1,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and gas receivables | 131,398,000 | -28,087,000 | -23,658,000 | -35,634,000 | 6,847,000 | 9,147,000 | 4,435,000 | 14,708,000 | -21,575,000 | 17,618,000 | 1,753,000 | -1,261,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in oil and gas properties and equipment | -222,468,000 | -153,440,000 | -129,165,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized derivative loss | 10,210,000 | 6,185,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of kerr-mcgee properties | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in oil and gas property and equipment | -76,156,000 | -63,206,000 | -134,276,000 | 860,117,000 | -1,177,782,000 | -150,676,000 | -120,637,000 | -93,743,000 | -82,246,000 | -90,970,000 | -56,025,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of borrowings of long-term debt | -610,500,000 | -334,500,000 | -294,500,000 | -151,000,000 | 0 | -40,000,000 | 0 | -2,550,000 | 0 | -35,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of discount on long-term debt | 3,206,000 | 4,624,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized commodity derivative gain | 13,888,000 | 1,748,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of oil and gas properties and equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
oil and gas sales receivables | -37,838,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses, royalty deposits and other assets | -7,681,000 | -4,076,000 | -27,549,000 | -2,688,000 | -1,587,000 | 826,000 | 238,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in marketable securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in restricted deposits | -127,000 | -76,000 | -77,000 | -90,000 | -79,000 | -61,000 | -47,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized commodity derivative loss | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commodity derivative income | -5,276,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of change in accounting principle, net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
joint interest receivables and other | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of oil and gas property and equipment | 770,000 | 1,767,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale of subsidiary | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes payable, net of receivable | 14,193,000 | -4,261,000 | 13,737,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity offering costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of subsidiary assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of restricted stock awards | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on the sale of equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends / distributions to shareholders | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock repurchase |