v3.25.1
CONDENSED CONSOLIDATED INCOME STATEMENTS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues    
Total revenues $ 42,604 $ 30,283
Expenses    
Lease operating expenses 10,917 10,892
Production, ad valorem, and other taxes 3,099 1,896
Depreciation and depletion—oil and natural gas 8,416 4,076
Depreciation and amortization—other 1,603 1,678
General and administrative 3,853 3,332
Restructuring expenses 40 0
(Gain) loss on derivative contracts 2,487 0
Other operating (income) expense 0 (9)
Total expenses 30,415 21,865
Income from operations 12,189 8,418
Other income (expense)    
Interest income (expense), net 860 2,698
Other income (expense), net 0 9
Total other income (expense) 860 2,707
Income (loss) before income taxes 13,049 11,125
Income tax (benefit) expense 0 0
Net income (loss) $ 13,049 $ 11,125
Net income (loss) per share    
Basic (in dollars per share) $ 0.35 $ 0.30
Diluted (in dollars per share) $ 0.35 $ 0.30
Weighted average number of common shares outstanding    
Basic (in shares) 37,041 37,042
Diluted (in shares) 37,080 37,134