2024 Q2 Form 10-Q Financial Statement

#000143774924015410 Filed on May 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $116.8M $100.2M
YoY Change 6.9% 24.57%
Cost Of Revenue $52.45M $32.09M
YoY Change 40.24% 19.23%
Gross Profit $64.33M $68.07M
YoY Change -10.46% 27.25%
Gross Profit Margin 55.09% 67.96%
Selling, General & Admin $10.93M $8.522M
YoY Change 102.59% 48.96%
% of Gross Profit 16.99% 12.52%
Research & Development $0.00 $48.00K
YoY Change -100.0% 500.0%
% of Gross Profit 0.0% 0.07%
Depreciation & Amortization $33.13M $25.82M
YoY Change -12.82% 5.76%
% of Gross Profit 51.5% 37.94%
Operating Expenses $43.93M $34.56M
YoY Change 714.16% 504.09%
Operating Profit $20.40M $32.19M
YoY Change -0.73% 48.91%
Interest Expense -$1.117M -$935.0K
YoY Change -33.19% -57.98%
% of Operating Profit -5.48% -2.9%
Other Income/Expense, Net $17.05M -$2.269M
YoY Change -872.02% -32.57%
Pretax Income $37.45M $29.92M
YoY Change 104.2% 63.93%
Income Tax $9.303M $22.24M
% Of Pretax Income 24.84% 74.31%
Net Earnings $28.15M $7.686M
YoY Change 316.93% 121.5%
Net Earnings / Revenue 24.11% 7.67%
Basic Earnings Per Share $0.27 $0.07
Diluted Earnings Per Share $0.27 $0.07
COMMON SHARES
Basic Shares Outstanding 103.5M 103.3M
Diluted Shares Outstanding 103.7M 104.5M

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $62.89M $113.3M
YoY Change 36.17% 117.43%
Cash & Equivalents $62.89M $113.3M
Short-Term Investments
Other Short-Term Assets $17.03M $12.51M
YoY Change -6.39% -28.49%
Inventory $7.311M $2.386M
Prepaid Expenses
Receivables $64.93M $44.90M
Other Receivables $41.90M $44.59M
Total Short-Term Assets $194.8M $217.7M
YoY Change -2.3% 21.39%
LONG-TERM ASSETS
Property, Plant & Equipment $548.4M $457.4M
YoY Change 13.84% -8.51%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.216M $1.323M
YoY Change -27.36% -24.49%
Total Long-Term Assets $722.6M $591.4M
YoY Change 14.76% -8.25%
TOTAL ASSETS
Total Short-Term Assets $194.8M $217.7M
Total Long-Term Assets $722.6M $591.4M
Total Assets $917.4M $809.1M
YoY Change 10.66% -1.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $64.68M $39.11M
YoY Change -5.56% -47.34%
Accrued Expenses $43.02M $3.065M
YoY Change 872.16% -51.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $11.75M $10.97M
YoY Change 52.93% 58.88%
Total Short-Term Liabilities $163.6M $131.2M
YoY Change 6.42% -11.84%
LONG-TERM LIABILITIES
Long-Term Debt $74.39M $77.80M
YoY Change -6.85% -3.32%
Other Long-Term Liabilities $8.847M $8.679M
YoY Change -49.34% -48.82%
Total Long-Term Liabilities $8.847M $8.679M
YoY Change -49.34% -48.82%
TOTAL LIABILITIES
Total Short-Term Liabilities $163.6M $131.2M
Total Long-Term Liabilities $8.847M $8.679M
Total Liabilities $423.7M $336.6M
YoY Change 12.39% -8.74%
SHAREHOLDERS EQUITY
Retained Earnings $200.3M $178.7M
YoY Change 42.37% 27.07%
Common Stock $372.0M $371.0M
YoY Change 1.28% 1.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $493.6M $472.6M
YoY Change
Total Liabilities & Shareholders Equity $917.4M $809.1M
YoY Change 10.66% -1.8%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $28.15M $7.686M
YoY Change 316.93% 121.5%
Depreciation, Depletion And Amortization $33.13M $25.82M
YoY Change -12.82% 5.76%
Cash From Operating Activities -$438.0K $21.83M
YoY Change -101.23% -48.03%
INVESTING ACTIVITIES
Capital Expenditures $32.48M $16.62M
YoY Change 19.71% -40.01%
Acquisitions
YoY Change
Other Investing Activities $412.0K
YoY Change
Cash From Investing Activities -$32.07M -$16.62M
YoY Change 18.2% -40.01%
FINANCING ACTIVITIES
Cash Dividend Paid $6.463M
YoY Change -4.04%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -9.112M -$14.46M
YoY Change -36.47% 6.77%
NET CHANGE
Cash From Operating Activities -438.0K $21.83M
Cash From Investing Activities -32.07M -$16.62M
Cash From Financing Activities -9.112M -$14.46M
Net Change In Cash -41.62M -$9.449M
YoY Change 603.97% -2163.1%
FREE CASH FLOW
Cash From Operating Activities -$438.0K $21.83M
Capital Expenditures $32.48M $16.62M
Free Cash Flow -$32.92M $5.214M
YoY Change -490.45% -63.55%

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7686000 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
472590000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
466105000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
274000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
683000 usd
CY2023Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
5377000 usd
CY2023Q1 us-gaap Dividends
Dividends
6735000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-125000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
3470000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
455175000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
7686000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
3470000 usd
CY2024Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
25824000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24417000 usd
CY2024Q1 egy Business Combination Bargain Purchase Gain Loss Recognized Amount
BusinessCombinationBargainPurchaseGainLossRecognizedAmount
-0 usd
CY2023Q1 egy Business Combination Bargain Purchase Gain Loss Recognized Amount
BusinessCombinationBargainPurchaseGainLossRecognizedAmount
-1412000 usd
CY2024Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3441000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2471000 usd
CY2024Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
102000 usd
CY2023Q1 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
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CY2024Q1 us-gaap Share Based Compensation
ShareBasedCompensation
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CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
649000 usd
CY2024Q1 us-gaap Increase Decrease In Commodity Contract Assets And Liabilities
IncreaseDecreaseInCommodityContractAssetsAndLiabilities
-847000 usd
CY2023Q1 us-gaap Increase Decrease In Commodity Contract Assets And Liabilities
IncreaseDecreaseInCommodityContractAssetsAndLiabilities
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PaymentsForProceedsFromMaturedDerivativeInstrumentNetOperatingActivities
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CY2023Q1 egy Payments For Proceeds From Matured Derivative Instrument Net Operating Activities
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-59000 usd
CY2024Q1 us-gaap Asset Retirement Obligation Cash Paid To Settle
AssetRetirementObligationCashPaidToSettle
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CY2023Q1 us-gaap Asset Retirement Obligation Cash Paid To Settle
AssetRetirementObligationCashPaidToSettle
123000 usd
CY2024Q1 egy Accounts Receivable Noncash Credit Loss Expense Reversal
AccountsReceivableNoncashCreditLossExpenseReversal
1812000 usd
CY2023Q1 egy Accounts Receivable Noncash Credit Loss Expense Reversal
AccountsReceivableNoncashCreditLossExpenseReversal
935000 usd
CY2024Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-166000 usd
CY2023Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-13000 usd
CY2024Q1 egy Operational Expenses Associated With Equipment And Other
OperationalExpensesAssociatedWithEquipmentAndOther
302000 usd
CY2023Q1 egy Operational Expenses Associated With Equipment And Other
OperationalExpensesAssociatedWithEquipmentAndOther
-640000 usd
CY2024Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-21357000 usd
CY2024Q1 egy Increase Decrease In Oil And Gas Joint Interest Billing Receivables
IncreaseDecreaseInOilAndGasJointInterestBillingReceivables
683000 usd
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IncreaseDecreaseInOilAndGasJointInterestBillingReceivables
-18911000 usd
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IncreaseDecreaseInOtherReceivables
-1346000 usd
CY2023Q1 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
2309000 usd
CY2024Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
438000 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8443000 usd
CY2024Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2278000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-983000 usd
CY2024Q1 egy Increase Decrease In Value Added Tax Receivable
IncreaseDecreaseInValueAddedTaxReceivable
2734000 usd
CY2023Q1 egy Increase Decrease In Value Added Tax Receivable
IncreaseDecreaseInValueAddedTaxReceivable
1361000 usd
CY2024Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
1017000 usd
CY2023Q1 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-1051000 usd
CY2024Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-5984000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-6739000 usd
CY2024Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
18912000 usd
CY2023Q1 us-gaap Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
8193000 usd
CY2024Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-0 usd
CY2023Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
3250000 usd
CY2024Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-19068000 usd
CY2023Q1 us-gaap Increase Decrease In Accrued Liabilities
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-19190000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
21832000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
42006000 usd
CY2024Q1 us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
16618000 usd
CY2023Q1 us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
27700000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16618000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-27700000 usd
CY2024Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
447000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2024Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
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CY2023Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
6735000 usd
CY2024Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6344000 usd
CY2023Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5377000 usd
CY2024Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2095000 usd
CY2023Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1701000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-14455000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-13539000 usd
CY2024Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-208000 usd
CY2023Q1 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-309000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
458000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
129178000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
59776000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
119729000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
60234000 usd
CY2024Q1 us-gaap Interest Paid Net
InterestPaidNet
1409000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
1488000 usd
CY2024Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
19226000 usd
CY2023Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
39584000 usd
CY2024Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1429000 usd
CY2024Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt;"><i><b>Reclassification </b></i>– Certain prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had <em style="font: inherit;">no</em> effect on the reported results of operations. An adjustment has been made to the Condensed Consolidated Balance Sheet, Condensed Consolidated Statements of Operations and Comprehensive Income and Condensed Consolidated Statements of Cash Flows for fiscal year ended <em style="font: inherit;"> December 31, 2023, </em>in the amounts of $673 thousand, $15 thousand, and $15 thousand, respectively, to reclassify the discontinued operations account balances and transactions.</p> <p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; font-variant: normal; text-align: justify; margin: 0pt;"> </p>
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
6029000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8704000 usd
CY2024Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1812000 usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
935000 usd
CY2024Q1 egy Allowance For Doubtful Accounts Foreign Currency Gain Loss
AllowanceForDoubtfulAccountsForeignCurrencyGainLoss
-12000 usd
CY2023Q1 egy Allowance For Doubtful Accounts Foreign Currency Gain Loss
AllowanceForDoubtfulAccountsForeignCurrencyGainLoss
73000 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
7829000 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
12832000 usd
CY2024Q1 us-gaap Derivative Assets
DerivativeAssets
0 usd
CY2024Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
420000 usd
CY2024Q1 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
420000 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
403000 usd
CY2023Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
403000 usd
CY2023Q4 egy Deferred Compensation Liability Fair Value Disclosure
DeferredCompensationLiabilityFairValueDisclosure
163000 usd
CY2023Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
163000 usd
CY2024Q1 us-gaap Revenues
Revenues
100155000 usd
CY2024Q1 us-gaap Results Of Operations Production Or Lifting Costs
ResultsOfOperationsProductionOrLiftingCosts
32089000 usd
CY2024Q1 us-gaap Results Of Operations Exploration Expense
ResultsOfOperationsExplorationExpense
48000 usd
CY2024Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
25824000 usd
CY2024Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1313000 usd
CY2024Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6710000 usd
CY2024Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1812000 usd
CY2024Q1 us-gaap Costs And Expenses
CostsAndExpenses
67796000 usd
CY2024Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-166000 usd
CY2024Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
32193000 usd
CY2024Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-847000 usd
CY2024Q1 us-gaap Investment Income Net
InvestmentIncomeNet
-935000 usd
CY2024Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-487000 usd
CY2024Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2269000 usd
CY2024Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
29924000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22238000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
7686000 usd
CY2024Q1 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
24022000 usd
CY2023Q1 us-gaap Revenues
Revenues
80403000 usd
CY2023Q1 us-gaap Results Of Operations Production Or Lifting Costs
ResultsOfOperationsProductionOrLiftingCosts
28200000 usd
CY2023Q1 us-gaap Results Of Operations Exploration Expense
ResultsOfOperationsExplorationExpense
8000 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
24417000 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5224000 usd
CY2023Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
935000 usd
CY2023Q1 us-gaap Costs And Expenses
CostsAndExpenses
58784000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
21619000 usd
CY2023Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
21000 usd
CY2023Q1 us-gaap Investment Income Net
InvestmentIncomeNet
-2246000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1153000 usd
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3378000 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
18241000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14771000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
3470000 usd
CY2023Q1 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
25425000 usd
CY2024Q1 us-gaap Noncurrent Assets
NoncurrentAssets
457419000 usd
CY2023Q4 us-gaap Noncurrent Assets
NoncurrentAssets
459786000 usd
CY2024Q1 us-gaap Assets
Assets
809147000 usd
CY2023Q4 us-gaap Assets
Assets
823216000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
7686000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
3470000 usd
CY2024Q1 us-gaap Undistributed Continuing Operation Earnings Loss Allocation To Participating Securities Diluted
UndistributedContinuingOperationEarningsLossAllocationToParticipatingSecuritiesDiluted
15000 usd
CY2023Q1 us-gaap Undistributed Continuing Operation Earnings Loss Allocation To Participating Securities Diluted
UndistributedContinuingOperationEarningsLossAllocationToParticipatingSecuritiesDiluted
29000 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7671000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3441000 usd
CY2024Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
-15000 usd
CY2023Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
18000 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
7686000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3423000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103659000
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
107387000
CY2024Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
882000
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1365000
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
104541000
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
108752000
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
529000
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
195000
CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1593547000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1572628000 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1136128000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1112842000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
457419000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
459786000 usd
CY2024Q1 egy Accrued Liabilities Current Accounts Payable Invoices
AccruedLiabilitiesCurrentAccountsPayableInvoices
18523000 usd
CY2023Q4 egy Accrued Liabilities Current Accounts Payable Invoices
AccruedLiabilitiesCurrentAccountsPayableInvoices
21225000 usd
CY2024Q1 egy Joint Venture Audit Settlement
JointVentureAuditSettlement
10108000 usd
CY2023Q4 egy Joint Venture Audit Settlement
JointVentureAuditSettlement
15794000 usd
CY2024Q1 egy Capital Expenditures Incurred But Not Yet Paid Current Liabilities
CapitalExpendituresIncurredButNotYetPaidCurrentLiabilities
13903000 usd
CY2023Q4 egy Capital Expenditures Incurred But Not Yet Paid Current Liabilities
CapitalExpendituresIncurredButNotYetPaidCurrentLiabilities
10136000 usd
CY2024Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
1599000 usd
CY2023Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3746000 usd
CY2024Q1 egy Accrued Liabilities Egypt Modernization Payments Due
AccruedLiabilitiesEgyptModernizationPaymentsDue
8672000 usd
CY2023Q4 egy Accrued Liabilities Egypt Modernization Payments Due
AccruedLiabilitiesEgyptModernizationPaymentsDue
9933000 usd
CY2024Q1 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
7542000 usd
CY2023Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
6763000 usd
CY2024Q1 egy Accrued Liabilities And Other Current Liabilities
AccruedLiabilitiesAndOtherCurrentLiabilities
60347000 usd
CY2023Q4 egy Accrued Liabilities And Other Current Liabilities
AccruedLiabilitiesAndOtherCurrentLiabilities
67597000 usd
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
0 usd
CY2024Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.6105 pure
CY2023Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.6096 pure
CY2024Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
22200000 usd
CY2024Q1 egy Income Tax Expense Benefit Favorable Unfavorable Oil Price Adjustment
IncomeTaxExpenseBenefitFavorableUnfavorableOilPriceAdjustment
1600000 usd
CY2024Q1 egy Current Foreign Income Tax Expense Benefit Net Of Oil Price Adjustment
CurrentForeignIncomeTaxExpenseBenefitNetOfOilPriceAdjustment
20700000 usd
CY2024Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2500000 usd

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