v3.25.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues      
Total revenues $ 156,357 $ 125,290 $ 148,641
Expenses      
Lease operating expenses 36,191 40,012 41,862
Production, ad valorem, and other taxes 9,846 6,780 10,870
Depreciation and depletion—oil and natural gas 36,439 25,976 15,657
Depreciation and amortization—other 6,433 6,503 6,518
General and administrative 13,201 11,695 10,735
Restructuring expenses 1,060 474 406
Employee termination benefits 0 0 19
(Gain) loss on derivative contracts (7,763) (748) (1,447)
Other operating (income) expense 0 1,372 (157)
Total expenses 95,407 92,064 84,463
Income (loss) from operations 60,950 33,226 64,178
Other income (expense)      
Interest income (expense), net 3,687 7,744 10,552
Other income (expense), net 31 (216) 87
Total other income (expense) 3,718 7,528 10,639
Income (loss) before income taxes 64,668 40,754 74,817
Income tax (benefit) (5,535) (22,232) 13,960
Net income (loss) $ 70,203 $ 62,986 $ 60,857
Net income (loss) per share      
Basic (in dollars per share) $ 1.91 $ 1.70 $ 1.65
Diluted (in dollars per share) $ 1.90 $ 1.69 $ 1.64
Weighted average number of common shares outstanding      
Basic (in shares) 36,773 37,106 36,939
Diluted (in shares) 36,908 37,188 37,134