v3.26.3
Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Total Revenues $ 55,093 $ 100,876 $ 234,241 $ 275,080
EXPENSES        
Production 43,698 47,864 132,888 133,469
Exploration 170 91 404 224
Taxes, transportation and other 18,437 16,648 57,907 49,763
Depreciation, depletion and amortization 24,226 23,697 77,032 66,810
Accretion of discount in asset retirement obligation 3,219 3,982 10,988 11,623
General and administrative 3,936 4,834 13,501 16,729
Total Expenses 93,686 97,116 292,720 278,618
OPERATING (LOSS) INCOME (38,593) 3,760 (58,479) (3,538)
OTHER INCOME (EXPENSE)        
Other income 11,720 4,984 29,064 20,352
Interest income 308 113 604 516
Interest expense (5,523) (4,505) (16,842) (10,697)
Total Other Income 6,505 592 12,826 10,171
NET (LOSS) INCOME $ (32,088) $ 4,352 $ (45,653) $ 6,633
NET (LOSS) INCOME PER COMMON UNIT        
Basic (in dollars per share) $ (0.58) $ 0.08 $ (0.83) $ 0.14
Diluted (in dollars per share) $ (0.58) $ 0.08 $ (0.83) $ 0.14
WEIGHTED AVERAGE COMMON UNITS OUTSTANDING        
Basic (in shares) 55,446 54,784 55,329 48,079
Diluted (in shares) 55,446 55,807 55,329 49,006
Oil and condensate        
Total Revenues $ 29,845 $ 66,330 $ 157,857 $ 190,379
Natural gas liquids        
Total Revenues 10,212 7,504 30,308 23,958
Natural gas        
Total Revenues $ 15,036 $ 27,042 $ 46,076 $ 60,743