2021 Q3 Form 10-K Financial Statement

#000156459021060165 Filed on December 13, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 Q1 2021
Revenue $4.072M $6.056M $37.75M
YoY Change 11.51% -46.46% 30.32%
Cost Of Revenue $1.753M $1.470M $6.169M
YoY Change 51.14% -23.44% 5.28%
Gross Profit $10.43M $6.930M $32.00M
YoY Change 160.78% 30.26% 75.85%
Gross Profit Margin 256.2% 114.43% 84.78%
Selling, General & Admin $3.771M $3.380M $13.98M
YoY Change 32.78% -4.25% 8.84%
% of Gross Profit 36.15% 48.77% 43.67%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.570M $1.778M $7.746M
YoY Change -37.71% -47.3% -31.54%
% of Gross Profit 15.05% 25.65% 24.2%
Operating Expenses $5.340M $5.160M $21.72M
YoY Change -0.18% -85.84% -59.82%
Operating Profit $5.091M $1.770M $10.28M
YoY Change -477.09% -105.69% -128.68%
Interest Expense -$8.318M $267.9K -$17.20M
YoY Change 352.05% -22.71% -1436.48%
% of Operating Profit -163.39% 15.13% -167.23%
Other Income/Expense, Net $136.1K $100.0K
YoY Change -440.2% -350.0%
Pretax Income -$3.313M -$716.7K -$6.868M
YoY Change 31.89% -97.39% -78.7%
Income Tax $451.0K -$217.0K -$651.1K
% Of Pretax Income
Net Earnings -$3.764M -$499.7K -$6.217M
YoY Change 105.23% -97.56% -74.04%
Net Earnings / Revenue -92.45% -8.25% -16.47%
Basic Earnings Per Share -$0.02 -$0.24
Diluted Earnings Per Share -$124.4K -$0.02 -$0.24
COMMON SHARES
Basic Shares Outstanding 22.61M 25.93M
Diluted Shares Outstanding 22.61M 25.93M

Balance Sheet

Concept 2021 Q3 2021 Q1 2021
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.439M $1.300M $2.439M
YoY Change -77.21% 160.0% -77.21%
Cash & Equivalents $2.439M $1.270M $2.439M
Short-Term Investments
Other Short-Term Assets $942.1K $800.0K $942.1K
YoY Change 168.33% -83.33% 135.52%
Inventory
Prepaid Expenses
Receivables $6.429M $4.700M $6.429M
Other Receivables $2.414M $2.500M $2.414M
Total Short-Term Assets $12.22M $9.200M $12.22M
YoY Change -31.29% -26.98% -31.33%
LONG-TERM ASSETS
Property, Plant & Equipment $104.2M $86.10M $104.2M
YoY Change 27.71% 0.12% 27.71%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $310.00 $310.00
YoY Change -99.69% -99.69%
Other Assets $578.6K $600.0K $578.3K
YoY Change -13.6% -3.62%
Total Long-Term Assets $104.8M $86.70M $104.8M
YoY Change 27.43% 0.62% 27.48%
TOTAL ASSETS
Total Short-Term Assets $12.22M $9.200M $12.22M
Total Long-Term Assets $104.8M $86.70M $104.8M
Total Assets $117.0M $95.90M $117.0M
YoY Change 16.99% -2.9% 17.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $772.7K $700.0K $772.7K
YoY Change -22.55% -13.59% -22.73%
Accrued Expenses $1.942M $1.500M $1.942M
YoY Change 38.69% 25.0% 38.69%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $15.14M $5.200M $15.14M
YoY Change 239.83% 152.84% 236.36%
LONG-TERM LIABILITIES
Long-Term Debt $17.50M $23.50M $17.50M
YoY Change -35.19% -26.56% -35.19%
Other Long-Term Liabilities $5.322M $4.400M $5.322M
YoY Change 26.71% 51.72% 26.71%
Total Long-Term Liabilities $17.50M $27.90M $22.82M
YoY Change -35.19% -12.81% -26.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.14M $5.200M $15.14M
Total Long-Term Liabilities $17.50M $27.90M $22.82M
Total Liabilities $38.30M $34.10M $38.30M
YoY Change 3.44% 0.13% 3.52%
SHAREHOLDERS EQUITY
Retained Earnings $48.97M
YoY Change -12.94%
Common Stock $33.76M
YoY Change 206.16%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.785M
YoY Change -5.94%
Treasury Stock Shares $388.5K $390.3K
Shareholders Equity $78.71M $61.73M $78.71M
YoY Change
Total Liabilities & Shareholders Equity $117.0M $95.90M $117.0M
YoY Change 16.99% -2.9% 17.01%

Cashflow Statement

Concept 2021 Q3 2021 Q1 2021
OPERATING ACTIVITIES
Net Income -$3.764M -$499.7K -$6.217M
YoY Change 105.23% -97.56% -74.04%
Depreciation, Depletion And Amortization $1.570M $1.778M $7.746M
YoY Change -37.71% -47.3% -31.54%
Cash From Operating Activities -$6.298M $4.210M $3.942M
YoY Change -592.05% 4.99% -64.51%
INVESTING ACTIVITIES
Capital Expenditures -$36.41K -$300.0K -$733.2K
YoY Change -81.8% 900.0% 83.29%
Acquisitions $20.62M
YoY Change 100.47%
Other Investing Activities -$831.9K -$40.00K -$19.64M
YoY Change -205.3% -50.0% 224.02%
Cash From Investing Activities -$868.3K -$340.0K -$20.37M
YoY Change -249.7% 183.33% 215.19%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$11.69M
YoY Change 42.28%
Debt Paid & Issued, Net $37.55M
YoY Change 194.82%
Cash From Financing Activities 6.697M -3.760M 8.175M
YoY Change -1.67% 2.73% -7266.42%
NET CHANGE
Cash From Operating Activities -6.298M 4.210M 3.942M
Cash From Investing Activities -868.3K -340.0K -20.37M
Cash From Financing Activities 6.697M -3.760M 8.175M
Net Change In Cash -470.0K 110.0K -8.252M
YoY Change -105.42% -52.17% -282.17%
FREE CASH FLOW
Cash From Operating Activities -$6.298M $4.210M $3.942M
Capital Expenditures -$36.41K -$300.0K -$733.2K
Free Cash Flow -$6.262M $4.510M $4.675M
YoY Change -523.1% 11.63% -59.37%

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CY2021 us-gaap Use Of Estimates
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<p style="margin-top:12pt;text-align:left;margin-bottom:0pt;text-indent:6.67%;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:12pt;text-align:left;margin-bottom:0pt;text-indent:6.67%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts and disclosures reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</p> <p style="margin-top:12pt;text-align:left;margin-bottom:0pt;text-indent:6.67%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Of these estimates and assumptions, management considers the estimation of natural gas, crude oil and NGL reserves to be the most significant. These estimates affect the unaudited standardized measure disclosures, as well as DD&amp;A and impairment calculations. The Company’s Independent Consulting Petroleum Engineer, with assistance from the Company, prepares estimates of natural gas, crude oil and NGL reserves on an annual basis, with a semi-annual update. These estimates are based on available geologic and seismic data, reservoir pressure data, core analysis reports, well logs, analogous reservoir performance history, production data and other available sources of engineering, geological and geophysical information. For DD&amp;A purposes, and as required by the guidelines and definitions established by the SEC, the reserve estimates were based on average individual product prices during the 12-month period prior to September 30, determined as an unweighted arithmetic average of the first-day-of-the-month price for each month within such period, unless prices were defined by contractual arrangements, excluding escalations based upon future conditions. For impairment purposes, projected future natural gas, crude oil and NGL prices as estimated by management are used. Natural gas, crude oil and NGL prices are volatile and largely affected by worldwide production and consumption and are outside the control of management. Management uses projected future natural gas, crude oil and NGL pricing assumptions to prepare estimates of natural gas, crude oil and NGL reserves used in formulating management’s overall operating decisions.</p> <p style="margin-top:12pt;text-align:left;margin-bottom:0pt;text-indent:6.67%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">As a non-operator of working, royalty and mineral interests, the Company receives actual natural gas, oil and NGL sales volumes and prices more than a month after the information is available to the operators of the wells. Because of the delay in information, the most current available production data is gathered from the appropriate operators, as well as public and private sources, and natural gas, oil and NGL index prices local to each well are used to estimate the accrual of revenue on these wells. If information is not available from an outside source, the Company utilizes past production receipts and estimated sales price information to estimate its accrual of revenue on all other wells each quarter. The natural gas, oil and NGL sales revenue accrual can be impacted by many variables including rapid production decline rates, production curtailments by operators, the shut-in of wells with mechanical problems and rapidly changing market prices for natural gas, oil and NGL. These variables could lead to an over or under accrual of natural gas, oil and NGL at the end of any particular quarter. Based on past history, the Company’s estimated accrual has been materially accurate.</p>
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AllocatedShareBasedCompensationExpense
228408
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
272491
CY2021 us-gaap Restricted Stock Expense
RestrictedStockExpense
801200
CY2020 us-gaap Restricted Stock Expense
RestrictedStockExpense
743897
CY2019 us-gaap Restricted Stock Expense
RestrictedStockExpense
771797
CY2021Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
1019472
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
56589
CY2020Q1 phx Percentage Of Discount Rate For Proved Developed Location
PercentageOfDiscountRateForProvedDevelopedLocation
0.10
CY2020Q1 phx Undeveloped Location Assigned Value
UndevelopedLocationAssignedValue
0
CY2019 phx Percentage Of Discount Rate For Proved Developed Location
PercentageOfDiscountRateForProvedDevelopedLocation
0.10
CY2019 phx Undeveloped Location Assigned Value
UndevelopedLocationAssignedValue
0
CY2019 phx Fair Value Of Discounted Cash Flows And Market Quoted Amount
FairValueOfDiscountedCashFlowsAndMarketQuotedAmount
9100000
CY2020Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
2897522
CY2019Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
2835781
CY2020 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
4
CY2021 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
189459
CY2020 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
68668
CY2021 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
128109
CY2020 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
130405
CY2021Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
2836172
CY2020Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
2897522
CY2021Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
13784467
CY2020Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
707647
CY2021 phx Net Cash Received Paid On Derivative Contracts Settled
NetCashReceivedPaidOnDerivativeContractsSettled
-11925669
CY2020 phx Net Cash Received Paid On Derivative Contracts Settled
NetCashReceivedPaidOnDerivativeContractsSettled
4109210
CY2019 phx Net Cash Received Paid On Derivative Contracts Settled
NetCashReceivedPaidOnDerivativeContractsSettled
196985
CY2021 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-4276820
CY2020 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-3201791
CY2019 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
5908160
CY2021 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-16202489
CY2020 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
907419
CY2019 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
6105145
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
17395
CY2021Q3 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
12105383
CY2021Q3 phx Derivative Liabilities Fair Value Gross Non Current Liabilities
DerivativeLiabilitiesFairValueGrossNonCurrentLiabilities
1696479
CY2020Q3 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
1146408
CY2020Q3 phx Derivative Liabilities Fair Value Gross Non Current Liabilities
DerivativeLiabilitiesFairValueGrossNonCurrentLiabilities
425705
CY2020Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
864466
CY2020Q3 phx Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral Current
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateralCurrent
864466
CY2021Q3 phx Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral Current
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateralCurrent
17395
CY2021Q3 phx Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral Current
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateralCurrent
17395
CY2020Q3 phx Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral Current
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateralCurrent
864466
CY2021Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
12087988
CY2021Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
1696479
CY2020Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
281942
CY2020Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
425705
CY2021 phx Producing Properties Fair Value
ProducingPropertiesFairValue
587
CY2021 phx Impairment Of Oil And Gas Properties Measured At Fair Value
ImpairmentOfOilAndGasPropertiesMeasuredAtFairValue
37879
CY2020 phx Producing Properties Fair Value
ProducingPropertiesFairValue
5288710
CY2020 phx Impairment Of Oil And Gas Properties Measured At Fair Value
ImpairmentOfOilAndGasPropertiesMeasuredAtFairValue
29315807
CY2019 phx Producing Properties Fair Value
ProducingPropertiesFairValue
9101032
CY2019 phx Impairment Of Oil And Gas Properties Measured At Fair Value
ImpairmentOfOilAndGasPropertiesMeasuredAtFairValue
76824337
CY2021 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
12596
CY2020 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
588721
CY2021Q3 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
319984874
CY2020Q3 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
324886491
CY2021Q3 us-gaap Capitalized Costs Mineral Interests In Unproved Properties
CapitalizedCostsMineralInterestsInUnprovedProperties
38328699
CY2020Q3 us-gaap Capitalized Costs Mineral Interests In Unproved Properties
CapitalizedCostsMineralInterestsInUnprovedProperties
18808689
CY2021Q3 phx Capitalized Costs Unproved Properties Leasehold
CapitalizedCostsUnprovedPropertiesLeasehold
2137399
CY2020Q3 phx Capitalized Costs Unproved Properties Leasehold
CapitalizedCostsUnprovedPropertiesLeasehold
185125
CY2021Q3 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
360450972
CY2020Q3 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
343880305
CY2021Q3 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
257250452
CY2020Q3 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
263277422
CY2021Q3 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
103200520
CY2020Q3 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
80602883
CY2021 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
30963579
CY2020 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
10453119
CY2019 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties
CostsIncurredAcquisitionOfOilAndGasProperties
6235905
CY2021 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
518058
CY2020 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
273825
CY2019 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
3012095
CY2021 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
31481637
CY2020 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
10726944
CY2019 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
9248000
CY2018Q3 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
173.6
CY2019 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
-60.6
CY2019 phx Proved Developed And Undeveloped Reserve Purchase Sales Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseSalesOfMineralInPlaceEnergy
-3.0
CY2019 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
6.8
CY2019 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
10.4
CY2019Q3 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
106.4
CY2020 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
-45.9
CY2020 phx Proved Developed And Undeveloped Reserve Purchase Sales Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseSalesOfMineralInPlaceEnergy
1.7
CY2020 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
4.1
CY2020 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
8.6
CY2020Q3 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
57.7
CY2021 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
26.0
CY2021 phx Proved Developed And Undeveloped Reserve Purchase Sales Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseSalesOfMineralInPlaceEnergy
7.7
CY2021 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
0.7
CY2021 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
9.1
CY2021Q3 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
83.0
CY2021 phx Proved Reserves Revisions Of Previous Estimates Due To Positive Pricing Revisions
ProvedReservesRevisionsOfPreviousEstimatesDueToPositivePricingRevisions
28.1
CY2021 phx Proved Developed Reserves Revisions Of Previous Estimates Due To Positive Performance Revisions
ProvedDevelopedReservesRevisionsOfPreviousEstimatesDueToPositivePerformanceRevisions
28.7
CY2021 phx Proved Undeveloped Reserves Revisions Of Previous Estimates Due To Positive Pricing Revisions
ProvedUndevelopedReservesRevisionsOfPreviousEstimatesDueToPositivePricingRevisions
0.6
CY2021 phx Proved Reserves Revisions Of Previous Estimates Due To Negative Revisions
ProvedReservesRevisionsOfPreviousEstimatesDueToNegativeRevisions
2.1
CY2021 phx Reserve Extensions Discoveries And Other Additions
ReserveExtensionsDiscoveriesAndOtherAdditions
0.7
CY2021 phx Proved Developed Reserve
ProvedDevelopedReserve
0.4
CY2021 phx Proved Undeveloped Reserve
ProvedUndevelopedReserve
0.3
CY2021 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
9.1
CY2020Q3 phx Proved Undeveloped Reserves Energy
ProvedUndevelopedReservesEnergy
3060656
CY2021 phx Proved Undeveloped Reserve Transfers To Developed Reserve
ProvedUndevelopedReserveTransfersToDevelopedReserve
2060368
CY2021 phx Proved Undeveloped Reserves Revisions Of Previous Estimates Increase Decrease
ProvedUndevelopedReservesRevisionsOfPreviousEstimatesIncreaseDecrease
629317
CY2021 phx Proved Undeveloped Reserves Extensions Discoveries And Additions
ProvedUndevelopedReservesExtensionsDiscoveriesAndAdditions
246993
CY2021 phx Proved Undeveloped Reserves Purchases Of Minerals In Place
ProvedUndevelopedReservesPurchasesOfMineralsInPlace
4645269
CY2021Q3 phx Proved Undeveloped Reserves Energy
ProvedUndevelopedReservesEnergy
5263233
CY2021 phx Net Pud Reserves Increased
NetPUDReservesIncreased
2.2
CY2021 phx Proved Undeveloped Reserve Transfers To Developed Reserve
ProvedUndevelopedReserveTransfersToDevelopedReserve
2.1
CY2021 phx Proved Undeveloped Reserve Transfers To Developed Reserves Percentage
ProvedUndevelopedReserveTransfersToDevelopedReservesPercentage
0.67
CY2021 phx Proved Undeveloped Reserves Remaining Revisions Of Previous Estimates Increase Decrease
ProvedUndevelopedReservesRemainingRevisionsOfPreviousEstimatesIncreaseDecrease
4.3
CY2021 phx Proved Undeveloped Reserve Revisions Of Previous Estimates Percentage
ProvedUndevelopedReserveRevisionsOfPreviousEstimatesPercentage
1.40
CY2021 phx Proved Undeveloped Reserves Additions
ProvedUndevelopedReservesAdditions
0.2
CY2021 phx Proved Undeveloped Reserves Revisions Of Previous Estimates Due To Negative Pricing Revisions
ProvedUndevelopedReservesRevisionsOfPreviousEstimatesDueToNegativePricingRevisions
0.6
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
297138886
CY2020Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
134179216
CY2019Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
366697321
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
115681617
CY2020Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
66136222
CY2019Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
153935373
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
1873126
CY2020Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
1957225
CY2019Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
1917937
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
40697140
CY2020Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
13224535
CY2019Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
47788416
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
138887003
CY2020Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
52861234
CY2019Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
163055595
CY2021Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
64096661
CY2020Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
21727081
CY2019Q3 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
77494066
CY2021Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
74790342
CY2020Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
31134153
CY2019Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
85561529
CY2020Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
31134153
CY2019Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
85561529
CY2018Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
156325854
CY2021 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
25812485
CY2020 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
12692681
CY2019 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
25072122
CY2021 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
43951090
CY2020 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
-46499344
CY2019 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
-76588460
CY2021 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
49542
CY2020 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
-20571
CY2019 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
43607535
CY2021 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
803714
CY2020 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
2841807
CY2019 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
7074245
CY2021 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
33482964
CY2020 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-28332653
CY2019 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-60308497
CY2021 phx Increase Or Decrease Due To Purchase Or Sales Of Minerals In Place
IncreaseOrDecreaseDueToPurchaseOrSalesOfMineralsInPlace
9041028
CY2020 phx Increase Or Decrease Due To Purchase Or Sales Of Minerals In Place
IncreaseOrDecreaseDueToPurchaseOrSalesOfMineralsInPlace
1169819
CY2019 phx Increase Or Decrease Due To Purchase Or Sales Of Minerals In Place
IncreaseOrDecreaseDueToPurchaseOrSalesOfMineralsInPlace
-3134783
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
3893028
CY2020 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
11039792
CY2019 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
20457930
CY2021 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
-13937867
CY2020 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
17037980
CY2019 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
23413194
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-7814825
CY2020 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
1028475
CY2019 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-213367
CY2021 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Period Increase Decrease
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease
43656189
CY2020 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Period Increase Decrease
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease
-54427376
CY2019 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Period Increase Decrease
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesPeriodIncreaseDecrease
-70764325
CY2021Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
74790342
CY2020Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
31134153
CY2019Q3 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
85561529
CY2020Q4 us-gaap Revenues
Revenues
6172376
CY2021Q1 us-gaap Revenues
Revenues
6056236
CY2021Q2 us-gaap Revenues
Revenues
5671489
CY2021Q3 us-gaap Revenues
Revenues
4071567
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-665720
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-716723
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2172594
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-3313251
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
-596720
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-499723
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-1356594
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-3764200
CY2020Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.03
CY2021Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.02
CY2021Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.05
CY2021Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.14
CY2019Q4 us-gaap Revenues
Revenues
7303643
CY2020Q1 us-gaap Revenues
Revenues
11311287
CY2020Q2 us-gaap Revenues
Revenues
2702275
CY2020Q3 us-gaap Revenues
Revenues
3651178
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2146114
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-27441814
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-4433155
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2512182
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
1892114
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-20454814
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-3555215
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-1834122
CY2019Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.11
CY2020Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.24
CY2020Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.21
CY2020Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.07

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