v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Revenues $ 60,194,000 $ 71,860,000
Operating expenses:    
Lease operating expenses 12,095,000 9,635,000
Production taxes and ad valorem taxes 3,759,000 4,238,000
Gathering and transportation 1,371,000 2,361,000
Depreciation, depletion, amortization and accretion 31,486,000 35,964,000
Impairment of oil and natural gas properties 333,840,000 0
Exploration costs 13,720,000 1,255,000
General and administrative 10,620,000 9,055,000
Loss on disposition of property and equipment 18,000 9,000
Total operating expenses 406,909,000 62,517,000
Operating income (loss) (346,715,000) 9,343,000
Other income (expense):    
Interest expense, net (10,814,000) (5,600,000)
Gain (loss) on commodity derivative instruments, net 110,120,000 (104,571,000)
Other income, net 54,108,000 62,000
Total other income (expense), net 153,414,000 (110,109,000)
Loss before income taxes (193,301,000) (100,766,000)
Income tax expense 37,027,000 3,306,000
Net loss (230,328,000) (104,072,000)
Net loss attributable to noncontrolling interest (89,979,000) (73,909,000)
Net loss attributable to Rosehill Resources Inc. before preferred stock dividends (140,349,000) (30,163,000)
Series A Preferred Stock dividends and deemed dividends 2,102,000 2,006,000
Series B Preferred Stock dividends, deemed dividends, and return 5,898,000 5,808,000
Net loss attributable to Rosehill Resources Inc. common stockholders $ (148,349,000) $ (37,977,000)
Loss per common share:    
Basic (USD per share) $ (5.19) $ (2.75)
Diluted (USD per share) $ (5.38) $ (2.75)
Weighted average common shares outstanding:    
Basic (shares) 28,566 13,830
Diluted (shares) 44,274 13,830
Oil sales    
Revenues:    
Revenues $ 57,752,000 $ 65,853,000
Natural gas sales    
Revenues:    
Revenues 104,000 1,474,000
Natural gas liquids sales    
Revenues:    
Revenues $ 2,338,000 $ 4,533,000

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