v3.19.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Revenues:      
Total revenues $ 301,875,000 $ 76,236,000 $ 34,645,000
Operating expenses:      
Lease operating expenses 39,010,000 10,881,000 4,800,000
Production taxes 14,506,000 3,535,000 1,541,000
Gathering and transportation 4,939,000 2,976,000 2,398,000
Depreciation, depletion, amortization and accretion 141,815,000 36,091,000 24,965,000
Impairment of oil and natural gas properties 0 1,061,000 0
Exploration costs 4,374,000 1,747,000 794,000
General and administrative 30,469,000 13,428,000 6,166,000
Transaction costs 0 2,618,000 2,834,000
(Gain) loss on disposition of property and equipment 499,000 (4,995,000) (50,000)
Total operating expenses 235,612,000 67,342,000 43,448,000
Operating income 66,263,000 8,894,000 (8,803,000)
Other income (expense):      
Interest expense, net (19,489,000) (2,532,000) (1,822,000)
Gain (loss) on commodity derivative instruments, net 92,604,000 (16,336,000) (4,169,000)
Other expense, net (3,254,000) (284,000) (247,000)
Total other income (expense), net 69,861,000 (19,152,000) (6,238,000)
Income (loss) before income taxes 136,124,000 (10,258,000) (15,041,000)
Income tax expense 18,162,000 1,690,000 148,000
Net income (loss) 117,962,000 (11,948,000) (15,189,000)
Net income (loss) attributable to noncontrolling interest 59,926,000 (18,811,000) 0
Net income attributable to Rosehill Resources Inc. before preferred stock dividends 58,036,000 6,863,000 (15,189,000)
Series A Preferred Stock dividends and deemed dividends 7,938,000 12,936,000 0
Series B Preferred Stock dividends, deemed dividends, and return 23,437,000 2,447,000 0
Net income (loss) attributable to Rosehill Resources Inc. common stockholders 26,661,000 (8,520,000) (15,189,000)
Net Income (Loss) Available to Common Stockholders, Diluted $ 82,031,000 $ (8,520,000) $ (15,189,000)
Earnings (loss) per common share:      
Basic (USD per share) $ 3.25 $ (1.43) $ (2.59)
Diluted (USD per share) $ 1.76 $ (1.43) $ (2.59)
Weighted average common shares outstanding:      
Basic (shares) 8,196 5,945 5,857
Diluted (shares) 46,499 5,945 5,857
Oil sales      
Revenues:      
Total revenues $ 271,539,000 $ 61,596,000 $ 24,807,000
Natural gas sales      
Revenues:      
Total revenues 9,392,000 7,171,000 5,304,000
Natural gas liquids sales      
Revenues:      
Total revenues $ 20,944,000 $ 7,469,000 $ 4,534,000

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