Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY

v3.20.2
CONDENSED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Preferred Stock
Additional Paid-in Capital
Retained Earnings (Deficit)
Beginning balance (in shares) at Dec. 31, 2018   37,833,307 [1] 0    
Beginning balance at Dec. 31, 2018 $ 429,865 $ 378 [1] $ 0 $ 1,226,371 $ (796,884)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Common Stock (in shares) [1]   316,020      
Issuance of Common Stock 3 $ 3 [1]      
Restricted Stock Forfeitures (in shares) [1]   (480)      
Restricted Stock Forfeitures 0        
Stock-Based Compensation 2,832     2,832  
Restricted Stock Surrenders - Tax Obligations (in shares) [1]   (22,053)      
Restricted Stock Surrenders - Tax Obligations (558)     (558)  
Repurchases of Common Stock (in shares) [1]   (563,500)      
Repurchases of Common Stock (15,108) $ (6) [1]   (15,102)  
Contingent Consideration Settlements (in shares) [1]   116,754      
Contingent Consideration Settlements 2,887 $ 1 [1]   2,886  
Net Income (Loss) (107,162)       (107,162)
Ending balance (in shares) at Mar. 31, 2019   37,680,048 [1] 0    
Ending balance at Mar. 31, 2019 312,760 $ 377 [1] $ 0 1,216,429 (904,046)
Beginning balance (in shares) at Dec. 31, 2018   37,833,307 [1] 0    
Beginning balance at Dec. 31, 2018 429,865 $ 378 [1] $ 0 1,226,371 (796,884)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net Income (Loss) 31,619        
Ending balance (in shares) at Sep. 30, 2019   40,434,648 [1] 0    
Ending balance at Sep. 30, 2019 514,114 $ 404 [1] $ 0 1,278,976 (765,266)
Beginning balance (in shares) at Mar. 31, 2019   37,680,048 [1] 0    
Beginning balance at Mar. 31, 2019 312,760 $ 377 [1] $ 0 1,216,429 (904,046)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Common Stock (in shares) [1]   900      
Issuance of Common Stock 0 $ 0 [1]      
Restricted Stock Forfeitures (in shares) [1]   (40,203)      
Restricted Stock Forfeitures 0        
Stock-Based Compensation 1,750     1,750  
Restricted Stock Surrenders - Tax Obligations (in shares) [1]   (944)      
Restricted Stock Surrenders - Tax Obligations (26)     (26)  
Equity Offerings and Issuance of Preferred Stock, Net of Issuance Costs 0        
Issuance under Debt Exchange Agreements (in shares) [1]   524,988      
Issuance under Debt Exchange Agreements 12,192 $ 5 [1]   12,186  
Contingent Consideration Settlements (in shares) [1]   778,811      
Contingent Consideration Settlements 18,575 $ 8 [1]   18,567  
Net Income (Loss) 44,399       44,399
Ending balance (in shares) at Jun. 30, 2019   38,943,600 [1] 0    
Ending balance at Jun. 30, 2019 389,649 $ 389 [1] $ 0 1,248,906 (859,647)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Common Stock (in shares) [1]   0      
Issuance of Common Stock 0        
Restricted Stock Forfeitures (in shares) [1]   (4,560)      
Restricted Stock Forfeitures 0        
Stock-Based Compensation (8)     (8)  
Restricted Stock Surrenders - Tax Obligations (in shares) [1]   0      
Restricted Stock Surrenders - Tax Obligations 0     0  
Equity Offerings and Issuance of Preferred Stock, Net of Issuance Costs (in shares) [1]   0      
Equity Offerings and Issuance of Preferred Stock, Net of Issuance Costs 0        
Issuance under Debt Exchange Agreements (in shares) [1]   198,553      
Issuance under Debt Exchange Agreements 3,543 $ 2 [1]   3,541  
Acquisition of Oil and Natural Gas Properties (in shares) [1]   560,215      
Acquisition of Oil and Natural Gas Properties 11,708 $ 6 [1]   11,703  
Net Exercise of Stock Options (in shares) [1]   0      
Net Exercise of Stock Options 0        
Repurchases of Common Stock (in shares) [1]   0      
Repurchases of Common Stock 0        
Contingent Consideration Settlements (in shares) [1]   736,840      
Contingent Consideration Settlements 14,841 $ 7 [1]   14,833  
Net Income (Loss) 94,381       94,381
Ending balance (in shares) at Sep. 30, 2019   40,434,648 [1] 0    
Ending balance at Sep. 30, 2019 514,114 $ 404 [1] $ 0 1,278,976 (765,266)
Beginning balance (in shares) at Dec. 31, 2019   40,608,518 [2] 1,500,000    
Beginning balance at Dec. 31, 2019 558,643 $ 406 [2] $ 2 1,431,438 (873,203)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Common Stock (in shares) [2]   5,000      
Issuance of Common Stock 0 $ 0 [2]      
Stock-Based Compensation 1,263     1,263  
Restricted Stock Surrenders - Tax Obligations (in shares) [2]   (33,200)      
Restricted Stock Surrenders - Tax Obligations (396)     (396)  
Equity Offerings and Issuance of Preferred Stock, Net of Issuance Costs (in shares)     794,702    
Equity Offerings and Issuance of Preferred Stock, Net of Issuance Costs 81,212   $ 1 81,211  
Net Income (Loss) 368,286       368,286
Ending balance (in shares) at Mar. 31, 2020   40,580,318 [2] 2,294,702    
Ending balance at Mar. 31, 2020 1,009,007 $ 406 [2] $ 2 1,513,516 (504,917)
Beginning balance (in shares) at Dec. 31, 2019   40,608,518 [2] 1,500,000    
Beginning balance at Dec. 31, 2019 558,643 $ 406 [2] $ 2 1,431,438 (873,203)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Restricted Stock Forfeitures (400)        
Net Income (Loss) (763,918)        
Ending balance (in shares) at Sep. 30, 2020   45,556,326 [2] 2,218,732    
Ending balance at Sep. 30, 2020 (83,731) $ 448 [2] $ 2 1,554,053 (1,638,234)
Beginning balance (in shares) at Mar. 31, 2020   40,580,318 [2] 2,294,702    
Beginning balance at Mar. 31, 2020 1,009,007 $ 406 [2] $ 2 1,513,516 (504,917)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Common Stock (in shares) [2]   219,562      
Issuance of Common Stock 2 $ 2 [2]      
Restricted Stock Forfeitures (in shares) [2]   (271)      
Restricted Stock Forfeitures 0        
Stock-Based Compensation 1,313     1,313  
Restricted Stock Surrenders - Tax Obligations (in shares) [2]   (944)      
Restricted Stock Surrenders - Tax Obligations (8)     (8)  
Issuance under Debt Exchange Agreements (in shares) [2]   2,845,326      
Issuance under Debt Exchange Agreements 29,615 $ 28 [2]   29,586  
Net Income (Loss) (899,200)       (899,200)
Ending balance (in shares) at Jun. 30, 2020   43,643,991 [2] 2,294,702    
Ending balance at Jun. 30, 2020 140,729 $ 436 [2] $ 2 1,544,407 (1,404,117)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of Common Stock (in shares) [2]   66,025      
Issuance of Common Stock 0        
Stock-Based Compensation 990     990  
Issuance under Debt Exchange Agreements (in shares) [2]   1,319,615      
Issuance under Debt Exchange Agreements 7,554 $ 6 [2]   7,548  
Issuance under Series A Preferred Exchange Agreements (in shares)   526,695 [2] (75,970)    
Issuance under Series A Preferred Exchange Agreements 0 $ 6   1,108 (1,113)
Net Income (Loss) (233,004)       (233,004)
Ending balance (in shares) at Sep. 30, 2020   45,556,326 [2] 2,218,732    
Ending balance at Sep. 30, 2020 $ (83,731) $ 448 [2] $ 2 $ 1,554,053 $ (1,638,234)
[1] Adjusted for the 1-for-10 reverse stock split.
[2] Adjusted for the 1-for-10 reverse stock split.