2022 Q2 Form 10-Q Financial Statement

#000100665522000027 Filed on May 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q2 2022 Q1 2021 Q4
Revenue $42.02M $25.69M $22.34M
YoY Change 206.64% 236.43% 287.27%
Cost Of Revenue $17.28M $12.08M $10.67M
YoY Change 128.02% 34.12% 255.06%
Gross Profit $24.74M $13.61M $11.67M
YoY Change 303.9% 36.2% 322.31%
Gross Profit Margin 58.88% 52.96% 52.23%
Selling, General & Admin $1.557M $1.515M $1.823M
YoY Change -13.45% -69.43% -1.22%
% of Gross Profit 6.29% 11.14% 15.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.564M $1.737M $1.224M
YoY Change 226921.66% 62.21% -9.9%
% of Gross Profit 14.41% 12.77% 10.49%
Operating Expenses $5.121M $3.252M $3.047M
YoY Change 63.86% -63.02% -4.9%
Operating Profit $19.62M $10.35M $8.620M
YoY Change 553.89% 955.77% -154.18%
Interest Expense -$1.389M $170.3K $50.93K
YoY Change 3545.71% 811.55% 159.56%
% of Operating Profit -7.08% 1.65% 0.59%
Other Income/Expense, Net
YoY Change
Pretax Income $18.23M $7.593M $8.577M
YoY Change 515.42% 681.9% -153.88%
Income Tax $3.361M $1.888M $1.745M
% Of Pretax Income 18.44% 24.86% 20.34%
Net Earnings $14.87M $5.706M $6.832M
YoY Change 571.04% 379.08% -153.75%
Net Earnings / Revenue 35.39% 22.21% 30.58%
Basic Earnings Per Share $0.17 $0.20
Diluted Earnings Per Share $444.6K $0.17 $0.20
COMMON SHARES
Basic Shares Outstanding 33.74M shares 33.01M shares 33.65M shares
Diluted Shares Outstanding 33.39M shares 33.65M shares

Balance Sheet

Concept 2022 Q2 2022 Q1 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.280M $13.37M $13.60M
YoY Change 56.92% -21.54% -28.57%
Cash & Equivalents $8.280M $13.37M $13.60M
Short-Term Investments
Other Short-Term Assets $3.661M $700.0K $852.6K
YoY Change 252.95% 43.24% 112.93%
Inventory
Prepaid Expenses $1.116M $852.6K
Receivables $24.08M $15.30M $12.60M
Other Receivables $347.0K $2.728M $4.311M
Total Short-Term Assets $36.37M $32.14M $31.36M
YoY Change 100.84% 33.12% 25.15%
LONG-TERM ASSETS
Property, Plant & Equipment $110.5M $82.57M $55.76M
YoY Change 88.82% 115.47% 41.93%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.171M $1.470M
YoY Change 1554.21% -36.77%
Total Long-Term Assets $111.7M $84.07M $55.81M
YoY Change 90.59% 106.42% 40.76%
TOTAL ASSETS
Total Short-Term Assets $36.37M $32.14M $31.36M
Total Long-Term Assets $111.7M $84.07M $55.81M
Total Assets $148.0M $116.2M $87.16M
YoY Change 93.01% 79.14% 34.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.13M $13.29M $8.188M
YoY Change 169.78% 419.84% 299.08%
Accrued Expenses $11.89M $905.6K $1.156M
YoY Change 1155.8% 18.11% -15.96%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $30.29M $16.78M $9.367M
YoY Change 359.27% 311.77% 169.08%
LONG-TERM LIABILITIES
Long-Term Debt $21.25M $20.00M $4.000M
YoY Change 431.25%
Other Long-Term Liabilities $13.90M $8.312M $5.765M
YoY Change 150.0% 207.25% 113.67%
Total Long-Term Liabilities $35.15M $28.31M $9.765M
YoY Change 267.69% 946.49% 261.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $30.29M $16.78M $9.367M
Total Long-Term Liabilities $35.15M $28.31M $9.765M
Total Liabilities $72.53M $51.45M $25.03M
YoY Change 228.04% 362.07% 118.2%
SHAREHOLDERS EQUITY
Retained Earnings $32.85M $21.35M $19.03M
YoY Change 173.31% 86.03% 68.46%
Common Stock $33.00K $33.72K $33.69K
YoY Change -1.54% 0.63% 0.59%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $75.51M $64.76M $62.13M
YoY Change
Total Liabilities & Shareholders Equity $148.0M $116.2M $87.16M
YoY Change 93.01% 79.14% 34.71%

Cashflow Statement

Concept 2022 Q2 2022 Q1 2021 Q4
OPERATING ACTIVITIES
Net Income $14.87M $5.706M $6.832M
YoY Change 571.04% 379.08% -153.75%
Depreciation, Depletion And Amortization $3.564M $1.737M $1.224M
YoY Change 226921.66% 62.21% -9.9%
Cash From Operating Activities $23.77M $14.80M $8.301M
YoY Change 993.6% 1008.1% 10719.29%
INVESTING ACTIVITIES
Capital Expenditures -$28.20M -$26.14M -$135.9K
YoY Change 51.75% 3485718.67% 357.15%
Acquisitions
YoY Change
Other Investing Activities -$1.470M
YoY Change -36.77%
Cash From Investing Activities -$26.73M -$27.61M -$135.9K
YoY Change 64.4% 1087.3% 357.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.125M 12.59M -2.522M
YoY Change -191.42% -1352.19% 201.26%
NET CHANGE
Cash From Operating Activities 23.77M 14.80M 8.301M
Cash From Investing Activities -26.73M -27.61M -135.9K
Cash From Financing Activities -2.125M 12.59M -2.522M
Net Change In Cash -5.089M -228.6K 5.642M
YoY Change -56.74% -88.54% -813.96%
FREE CASH FLOW
Cash From Operating Activities $23.77M $14.80M $8.301M
Capital Expenditures -$28.20M -$26.14M -$135.9K
Free Cash Flow $51.97M $40.94M $8.436M
YoY Change 150.36% 2964.08% 7825.29%

Facts In Submission

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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
37596 USD
us-gaap Payments For Repurchase Of Common Stock
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7348 USD
us-gaap Proceeds From Long Term Lines Of Credit
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17000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
1000000 USD
us-gaap Repayments Of Lines Of Credit
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0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
7540896 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8092028 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5276510 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19662528 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13368538 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17039538 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
5064239 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
667618 USD
us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
795653 USD
us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
135633 USD
epm Increase Decreasein Accounts Payable Usedto Acquire Propertyand Equipment
IncreaseDecreaseinAccountsPayableUsedtoAcquirePropertyandEquipment
0 USD
epm Increase Decreasein Accounts Payable Usedto Acquire Propertyand Equipment
IncreaseDecreaseinAccountsPayableUsedtoAcquirePropertyandEquipment
510 USD
epm Oil And Natural Gas Properties Incurred Through Recognition Of Asset Retirement Obligations
OilAndNaturalGasPropertiesIncurredThroughRecognitionOfAssetRetirementObligations
2440034 USD
epm Oil And Natural Gas Properties Incurred Through Recognition Of Asset Retirement Obligations
OilAndNaturalGasPropertiesIncurredThroughRecognitionOfAssetRetirementObligations
91430 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2022Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
0 USD
CY2022Q1 us-gaap Stock Repurchased During Period Value
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35997 USD
CY2022Q1 us-gaap Treasury Stock Retired Cost Method Amount
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0 USD
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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340440 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
5705811 USD
CY2022Q1 us-gaap Dividends Common Stock
DividendsCommonStock
3376719 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
64760026 USD
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
0 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
37596 USD
us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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867943 USD
us-gaap Net Income Loss
NetIncomeLoss
17756384 USD
us-gaap Dividends Common Stock
DividendsCommonStock
8421508 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
64760026 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
320236 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
1191001 USD
CY2021Q1 us-gaap Dividends Common Stock
DividendsCommonStock
1005224 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
53734739 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
74124482 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
7348 USD
us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
938093 USD
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Dividends Common Stock
DividendsCommonStock
2666334 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
53734739 USD
CY2022Q1 epm Oil And Gas Number Of Wells
OilAndGasNumberOfWells
4 well
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1166887 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1166887 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-18689432 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-18689432 USD
us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates. </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">  The preparation of the Company's unaudited consolidated condensed financial statements in conformity with GAAP requires the Company to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities, if any, at the date of the unaudited consolidated condensed financial statements and the reported amounts of revenues and expenses during the respective reporting periods. Significant estimates include (a) reserve quantities and estimated future cash flows associated with proved reserves, which may significantly impact depletion expense and potential impairments of oil and natural gas properties, (b) asset retirement obligations, (c) stock-based compensation, (d) fair values of derivative assets and liabilities, (e) income taxes and the valuation of deferred tax assets, (f) commitments and contingencies, and (g) crude oil, natural gas, and natural gas liquids ("NGL") revenues. The Company analyzes estimates and judgments based on historical experience and various other assumptions and information that are believed to be reasonable. Estimates and assumptions about future events and their effects cannot be predicted with certainty </span>and, accordingly, these estimates may change as additional information is obtained, as new events occur, and as the Company's environment changes. Actual results may differ from the estimates and assumptions used in the preparation of the Company's unaudited consolidated condensed financial statements.
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32817999 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32743070 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32891380 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32743070 shares
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.57
CY2021Q4 us-gaap Proceeds From Royalties Received
ProceedsFromRoyaltiesReceived
1100000 USD
epm Royalty Accumulation Period
RoyaltyAccumulationPeriod
P3Y
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25689104 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7635748 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
66906475 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
18999276 USD
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
15300000 USD
CY2021Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
8700000 USD
CY2022Q1 us-gaap Prepaid Insurance
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68350 USD
CY2021Q2 us-gaap Prepaid Insurance
PrepaidInsurance
365922 USD
CY2022Q1 epm Prepaid Subscription And License Current
PrepaidSubscriptionAndLicenseCurrent
514438 USD
CY2021Q2 epm Prepaid Subscription And License Current
PrepaidSubscriptionAndLicenseCurrent
97470 USD
CY2022Q1 us-gaap Prepaid Taxes
PrepaidTaxes
36087 USD
CY2021Q2 us-gaap Prepaid Taxes
PrepaidTaxes
108048 USD
CY2022Q1 epm Operating Loss Carryback Current
OperatingLossCarrybackCurrent
416441 USD
CY2021Q2 epm Operating Loss Carryback Current
OperatingLossCarrybackCurrent
416441 USD
CY2022Q1 epm Prepaid Investor Relations And Other Current
PrepaidInvestorRelationsAndOtherCurrent
81130 USD
CY2021Q2 epm Prepaid Investor Relations And Other Current
PrepaidInvestorRelationsAndOtherCurrent
49378 USD
CY2022Q1 us-gaap Prepaid Expense Current
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1116446 USD
CY2021Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
1037259 USD
CY2022Q1 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
157312262 USD
CY2021Q2 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
129123227 USD
CY2022Q1 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
74752924 USD
CY2021Q2 us-gaap Oil And Gas Property Full Cost Method Depletion
OilAndGasPropertyFullCostMethodDepletion
70607367 USD
CY2022Q1 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
82559338 USD
CY2021Q2 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
58515860 USD
CY2022Q1 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
154731 USD
CY2021Q2 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
154731 USD
CY2022Q1 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
147994 USD
CY2021Q2 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
144092 USD
CY2022Q1 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
6737 USD
CY2021Q2 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
10639 USD
us-gaap Depletion
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4100000 USD
us-gaap Depletion
Depletion
3700000 USD
us-gaap Depreciation
Depreciation
100000 USD
us-gaap Depreciation
Depreciation
100000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
800000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
300000 USD
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
24800000 USD
CY2020Q4 epm Oil And Gas Properties Excess Over Book Value
OilAndGasPropertiesExcessOverBookValue
15200000 USD
CY2020Q3 epm Oil And Gas Properties Excess Over Book Value
OilAndGasPropertiesExcessOverBookValue
9600000 USD
CY2022Q1 us-gaap Deposit Assets
DepositAssets
1470000 USD
CY2021Q2 us-gaap Deposit Assets
DepositAssets
0 USD
CY2022Q1 epm Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
161125 USD
CY2021Q2 epm Operating Lease Right Of Use Asset Gross
OperatingLeaseRightOfUseAssetGross
161125 USD
CY2022Q1 epm Operating Lease Right Of Use Asset Accumulated Amortization
OperatingLeaseRightOfUseAssetAccumulatedAmortization
127038 USD
CY2021Q2 epm Operating Lease Right Of Use Asset Accumulated Amortization
OperatingLeaseRightOfUseAssetAccumulatedAmortization
90336 USD
CY2022Q1 us-gaap Deferred Costs And Other Assets
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1504087 USD
CY2021Q2 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
70789 USD
CY2022Q1 us-gaap Accrued Salaries Current And Noncurrent
AccruedSalariesCurrentAndNoncurrent
521436 USD
CY2021Q2 us-gaap Accrued Salaries Current And Noncurrent
AccruedSalariesCurrentAndNoncurrent
630744 USD
CY2022Q1 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current And Noncurrent
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7425 USD
CY2021Q2 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current And Noncurrent
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52786 USD
CY2022Q1 us-gaap Accrual For Taxes Other Than Income Taxes Current
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72709 USD
CY2021Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current
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35207 USD
CY2022Q1 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
60000 USD
CY2021Q2 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
108000 USD
CY2022Q1 epm Accrued Settlements On Derivative Contracts Current
AccruedSettlementsOnDerivativeContractsCurrent
193228 USD
CY2021Q2 epm Accrued Settlements On Derivative Contracts Current
AccruedSettlementsOnDerivativeContractsCurrent
0 USD
CY2022Q1 us-gaap Operating Lease Liability Current
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41137 USD
CY2021Q2 us-gaap Operating Lease Liability Current
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64234 USD
CY2022Q1 us-gaap Asset Retirement Obligation Current
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0 USD
CY2021Q2 us-gaap Asset Retirement Obligation Current
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44520 USD
CY2022Q1 us-gaap Other Accrued Liabilities Current
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CY2021Q2 us-gaap Other Accrued Liabilities Current
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CY2022Q1 us-gaap Other Liabilities Current
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CY2021Q2 us-gaap Other Liabilities Current
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CY2021Q2 us-gaap Asset Retirement Obligation
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us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
50231 USD
epm Asset Retirement Obligation Liabilities Acquired
AssetRetirementObligationLiabilitiesAcquired
2440034 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
339300 USD
CY2022Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
8312375 USD
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
33719621 shares
us-gaap Payments Of Dividends Common Stock
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us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8400000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2700000 USD
CY2021Q3 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2020Q3 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2021Q4 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2020Q4 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2022Q1 us-gaap Common Stock Dividends Per Share Cash Paid
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CY2021Q1 us-gaap Common Stock Dividends Per Share Cash Paid
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
676695 shares
CY2022Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2022Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.235
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
400000 USD
CY2022Q1 us-gaap Income Tax Receivable
IncomeTaxReceivable
2300000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
5705811 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
1191001 USD
us-gaap Net Income Loss
NetIncomeLoss
17756384 USD
us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q1 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
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CY2021Q1 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
-24114 USD
us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
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us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
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CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
5591602 USD
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5591602 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1166887 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1166887 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
17395865 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
17395865 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-18689432 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33009156 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32817999 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32933016 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32743070 shares
CY2022Q1 epm Incremental Common Shares Attributable To Dilutive Effect Of Unvested Restricted Stock
IncrementalCommonSharesAttributableToDilutiveEffectOfUnvestedRestrictedStock
378889 shares
CY2021Q1 epm Incremental Common Shares Attributable To Dilutive Effect Of Unvested Restricted Stock
IncrementalCommonSharesAttributableToDilutiveEffectOfUnvestedRestrictedStock
73381 shares
epm Incremental Common Shares Attributable To Dilutive Effect Of Unvested Restricted Stock
IncrementalCommonSharesAttributableToDilutiveEffectOfUnvestedRestrictedStock
324713 shares
epm Incremental Common Shares Attributable To Dilutive Effect Of Unvested Restricted Stock
IncrementalCommonSharesAttributableToDilutiveEffectOfUnvestedRestrictedStock
0 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33388045 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32891380 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33257729 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32743070 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.53
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.52
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.57
CY2016Q2 epm Debt Covenant Minimum Current Ratio
DebtCovenantMinimumCurrentRatio
1.00
CY2022Q1 epm Percentage Of Production Hedged
PercentageOfProductionHedged
0.25
CY2022Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-193228 USD
CY2021Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-2525988 USD
CY2022Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2398237 USD
CY2021Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2398237 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
1911343 USD
CY2022Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-2591465 USD
CY2021Q1 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
0 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-2591465 USD
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-614645 USD
CY2022Q1 us-gaap Derivative Assets
DerivativeAssets
0 USD
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Files In Submission

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