10-Q Filing

VITESSE ENERGY, INC. CIK: 1944558 Q1 2025

Filing Information

Form Type	10-Q
Accession Number	`0001944558-25-000059`
Period End Date	20250331
Filing Date	20250505
Fiscal Year	2025
Fiscal Period	Q1
XBRL Instance	vitesse-20250331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 152 Income Statement 76 Cash Flow Statement 132 Stockholders Equity 46

Balance Sheet 152 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, authorized (in shares)	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.97M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.50M	USD	Point-in-time
Revenue receivable	`AccountsReceivableNetCurrent`	$39.79M	USD	Point-in-time
Revenue receivable	`AccountsReceivableNetCurrent`	$39.79M	USD	Point-in-time
Revenue receivable	`AccountsReceivableNetCurrent`	$56.63M	USD	Point-in-time
Revenue receivable	`AccountsReceivableNetCurrent`	$56.63M	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	95.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	95.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	95.00M	shares	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	95.00M	shares	Point-in-time
Commodity derivatives	`DerivativeAssetsCurrent`	$2.86M	USD	Point-in-time
Commodity derivatives	`DerivativeAssetsCurrent`	$2.86M	USD	Point-in-time
Commodity derivatives	`DerivativeAssetsCurrent`	$3.84M	USD	Point-in-time
Commodity derivatives	`DerivativeAssetsCurrent`	$3.84M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.46M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.46M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.31M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.31M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	40.63M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	40.63M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	32.65M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	32.65M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$50.91M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$50.91M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$70.45M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$70.45M	USD	Point-in-time
Proved oil and gas properties	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$1.49B	USD	Point-in-time
Proved oil and gas properties	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$1.49B	USD	Point-in-time
Proved oil and gas properties	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$1.32B	USD	Point-in-time
Proved oil and gas properties	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$1.32B	USD	Point-in-time
Less accumulated DD&A and impairment	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAmortizationAndImpairment`	$563.59M	USD	Point-in-time
Less accumulated DD&A and impairment	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAmortizationAndImpairment`	$563.59M	USD	Point-in-time
Less accumulated DD&A and impairment	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAmortizationAndImpairment`	$589.95M	USD	Point-in-time
Less accumulated DD&A and impairment	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAmortizationAndImpairment`	$589.95M	USD	Point-in-time
Total oil and gas properties	`OilAndGasPropertySuccessfulEffortMethodNet`	$895.24M	USD	Point-in-time
Total oil and gas properties	`OilAndGasPropertySuccessfulEffortMethodNet`	$895.24M	USD	Point-in-time
Total oil and gas properties	`OilAndGasPropertySuccessfulEffortMethodNet`	$751.98M	USD	Point-in-time
Total oil and gas properties	`OilAndGasPropertySuccessfulEffortMethodNet`	$751.98M	USD	Point-in-time
Other Property and EquipmentNet	`PropertyPlantAndEquipmentNet`	$182.00K	USD	Point-in-time
Other Property and EquipmentNet	`PropertyPlantAndEquipmentNet`	$182.00K	USD	Point-in-time
Other Property and EquipmentNet	`PropertyPlantAndEquipmentNet`	$167.00K	USD	Point-in-time
Other Property and EquipmentNet	`PropertyPlantAndEquipmentNet`	$167.00K	USD	Point-in-time
Commodity derivatives	`DerivativeAssetsNoncurrent`	$1.72M	USD	Point-in-time
Commodity derivatives	`DerivativeAssetsNoncurrent`	$1.72M	USD	Point-in-time
Commodity derivatives	`DerivativeAssetsNoncurrent`	$284.00K	USD	Point-in-time
Commodity derivatives	`DerivativeAssetsNoncurrent`	$284.00K	USD	Point-in-time
Other noncurrent assets	`OtherAssetsMiscellaneousNoncurrent`	$7.54M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsMiscellaneousNoncurrent`	$7.54M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsMiscellaneousNoncurrent`	$7.66M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsMiscellaneousNoncurrent`	$7.66M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$7.82M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$7.82M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$9.38M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$9.38M	USD	Point-in-time
Total assets	`Assets`	$975.24M	USD	Point-in-time
Total assets	`Assets`	$975.24M	USD	Point-in-time
Total assets	`Assets`	$810.89M	USD	Point-in-time
Total assets	`Assets`	$810.89M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$35.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$35.27M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$34.32M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$34.32M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$59.65M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$59.65M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$65.71M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$65.71M	USD	Point-in-time
Commodity derivatives	`DerivativeLiabilitiesCurrent`	$1.61M	USD	Point-in-time
Commodity derivatives	`DerivativeLiabilitiesCurrent`	$1.61M	USD	Point-in-time
Commodity derivatives	`DerivativeLiabilitiesCurrent`	$299.00K	USD	Point-in-time
Commodity derivatives	`DerivativeLiabilitiesCurrent`	$299.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	-	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$89.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$89.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$100.33M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$100.33M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$96.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$96.61M	USD	Point-in-time
Revolving credit facility	`LongTermLineOfCredit`	$117.00M	USD	Point-in-time
Revolving credit facility	`LongTermLineOfCredit`	$117.00M	USD	Point-in-time
Revolving credit facility	`LongTermLineOfCredit`	$117.00M	USD	Point-in-time
Revolving credit facility	`LongTermLineOfCredit`	$117.00M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$72.00M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$72.00M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$72.54M	USD	Point-in-time
Deferred tax liability	`DeferredIncomeTaxLiabilitiesNet`	$72.54M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$9.65M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$9.65M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$12.91M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$12.91M	USD	Point-in-time
Commodity derivatives	`DerivativeLiabilitiesNoncurrent`	$254.00K	USD	Point-in-time
Commodity derivatives	`DerivativeLiabilitiesNoncurrent`	$254.00K	USD	Point-in-time
Commodity derivatives	`DerivativeLiabilitiesNoncurrent`	$94.00K	USD	Point-in-time
Commodity derivatives	`DerivativeLiabilitiesNoncurrent`	$94.00K	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$11.48M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$11.48M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$8.22M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$8.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$307.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$307.55M	USD	Point-in-time
Total liabilities	`Liabilities`	$310.56M	USD	Point-in-time
Total liabilities	`Liabilities`	$310.56M	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 5,000,000 shares authorized; 0 shares issued at March 31, 2025 and December 31, 2024, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 5,000,000 shares authorized; 0 shares issued at March 31, 2025 and December 31, 2024, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 5,000,000 shares authorized; 0 shares issued at March 31, 2025 and December 31, 2024, respectively	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 5,000,000 shares authorized; 0 shares issued at March 31, 2025 and December 31, 2024, respectively	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 95,000,000 shares authorized; 40,625,638 and 32,650,889 shares issued at March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$326.00K	USD	Point-in-time
Common stock, $0.01 par value, 95,000,000 shares authorized; 40,625,638 and 32,650,889 shares issued at March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$326.00K	USD	Point-in-time
Common stock, $0.01 par value, 95,000,000 shares authorized; 40,625,638 and 32,650,889 shares issued at March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$406.00K	USD	Point-in-time
Common stock, $0.01 par value, 95,000,000 shares authorized; 40,625,638 and 32,650,889 shares issued at March 31, 2025 and December 31, 2024, respectively	`CommonStockValue`	$406.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$505.13M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$505.13M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$669.74M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$669.74M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.12M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.12M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.46M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.46M	USD	Point-in-time
Total equity	`StockholdersEquity`	$500.33M	USD	Point-in-time
Total equity	`StockholdersEquity`	$500.33M	USD	Point-in-time
Total equity	`StockholdersEquity`	$522.72M	USD	Point-in-time
Total equity	`StockholdersEquity`	$522.72M	USD	Point-in-time
Total equity	`StockholdersEquity`	$546.41M	USD	Point-in-time
Total equity	`StockholdersEquity`	$546.41M	USD	Point-in-time
Total equity	`StockholdersEquity`	$667.69M	USD	Point-in-time
Total equity	`StockholdersEquity`	$667.69M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$810.89M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$810.89M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$975.24M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$975.24M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$66.17M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$66.17M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$61.19M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$61.19M	USD	1 Quarter
Lease operating expense	`ResultsOfOperationsProductionOrLiftingCosts`	$11.79M	USD	1 Quarter
Lease operating expense	`ResultsOfOperationsProductionOrLiftingCosts`	$11.79M	USD	1 Quarter
Lease operating expense	`ResultsOfOperationsProductionOrLiftingCosts`	$13.85M	USD	1 Quarter
Lease operating expense	`ResultsOfOperationsProductionOrLiftingCosts`	$13.85M	USD	1 Quarter
Production taxes	`ProductionTaxExpense`	$5.80M	USD	1 Quarter
Production taxes	`ProductionTaxExpense`	$5.80M	USD	1 Quarter
Production taxes	`ProductionTaxExpense`	$5.77M	USD	1 Quarter
Production taxes	`ProductionTaxExpense`	$5.77M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.37M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.37M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.13M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.13M	USD	1 Quarter
Depletion, depreciation, amortization, and accretion	`ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion`	$23.55M	USD	1 Quarter
Depletion, depreciation, amortization, and accretion	`ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion`	$23.55M	USD	1 Quarter
Depletion, depreciation, amortization, and accretion	`ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion`	$26.56M	USD	1 Quarter
Depletion, depreciation, amortization, and accretion	`ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion`	$26.56M	USD	1 Quarter
Equity-based compensation	`ShareBasedCompensation`	$1.60M	USD	1 Quarter
Equity-based compensation	`ShareBasedCompensation`	$1.60M	USD	1 Quarter
Equity-based compensation	`ShareBasedCompensation`	$2.47M	USD	1 Quarter
Equity-based compensation	`ShareBasedCompensation`	$2.47M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$48.11M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$48.11M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$60.79M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$60.79M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$13.08M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$13.08M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$5.38M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$5.38M	USD	1 Quarter
Commodity derivative (loss), net	`GainLossOnDerivativeInstrumentsNetPretax`	$-13.82M	USD	1 Quarter
Commodity derivative (loss), net	`GainLossOnDerivativeInstrumentsNetPretax`	$-13.82M	USD	1 Quarter
Commodity derivative (loss), net	`GainLossOnDerivativeInstrumentsNetPretax`	$-172.00K	USD	1 Quarter
Commodity derivative (loss), net	`GainLossOnDerivativeInstrumentsNetPretax`	$-172.00K	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$2.90M	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$2.90M	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$2.20M	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$2.20M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$31.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$31.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$164.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$164.00K	USD	1 Quarter
Total other (expense) income	`NonoperatingIncomeExpense`	$-2.91M	USD	1 Quarter
Total other (expense) income	`NonoperatingIncomeExpense`	$-2.91M	USD	1 Quarter
Total other (expense) income	`NonoperatingIncomeExpense`	$-16.00M	USD	1 Quarter
Total other (expense) income	`NonoperatingIncomeExpense`	$-16.00M	USD	1 Quarter
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.47M	USD	1 Quarter
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.47M	USD	1 Quarter
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.92M	USD	1 Quarter
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.92M	USD	1 Quarter
Benefit from (Provision for) Income Taxes	`IncomeTaxExpenseBenefit`	$-731.00K	USD	1 Quarter
Benefit from (Provision for) Income Taxes	`IncomeTaxExpenseBenefit`	$-731.00K	USD	1 Quarter
Benefit from (Provision for) Income Taxes	`IncomeTaxExpenseBenefit`	$-201.00K	USD	1 Quarter
Benefit from (Provision for) Income Taxes	`IncomeTaxExpenseBenefit`	$-201.00K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-2.19M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-2.19M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$2.67M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$2.67M	USD	1 Quarter
Weighted average common shares basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	29.93M	shares	1 Quarter
Weighted average common shares basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	29.93M	shares	1 Quarter
Weighted average common shares basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.07M	shares	1 Quarter
Weighted average common shares basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.07M	shares	1 Quarter
Weighted average common shares diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.93M	shares	1 Quarter
Weighted average common shares diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	29.93M	shares	1 Quarter
Weighted average common shares diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.09M	shares	1 Quarter
Weighted average common shares diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.09M	shares	1 Quarter
Net income (loss) per common share basic (in USD per share)	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Net income (loss) per common share basic (in USD per share)	`EarningsPerShareBasic`	$0.08	USD	1 Quarter
Net income (loss) per common share basic (in USD per share)	`EarningsPerShareBasic`	$-0.07	USD	1 Quarter
Net income (loss) per common share basic (in USD per share)	`EarningsPerShareBasic`	$-0.07	USD	1 Quarter
Net income (loss) per common share diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.07	USD	1 Quarter
Net income (loss) per common share diluted (in USD per share)	`EarningsPerShareDiluted`	$-0.07	USD	1 Quarter
Net income (loss) per common share diluted (in USD per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter
Net income (loss) per common share diluted (in USD per share)	`EarningsPerShareDiluted`	$0.08	USD	1 Quarter

Cash Flow Statement 132 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-2.19M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.19M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$2.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$2.67M	USD	1 Quarter
Depletion, depreciation, amortization, and accretion	`ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion`	$23.55M	USD	1 Quarter
Depletion, depreciation, amortization, and accretion	`ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion`	$23.55M	USD	1 Quarter
Depletion, depreciation, amortization, and accretion	`ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion`	$26.56M	USD	1 Quarter
Depletion, depreciation, amortization, and accretion	`ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion`	$26.56M	USD	1 Quarter
Unrealized loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-14.66M	USD	1 Quarter
Unrealized loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-14.66M	USD	1 Quarter
Unrealized loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-855.00K	USD	1 Quarter
Unrealized loss on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-855.00K	USD	1 Quarter
Equity-based compensation	`ShareBasedCompensation`	$1.60M	USD	1 Quarter
Equity-based compensation	`ShareBasedCompensation`	$1.60M	USD	1 Quarter
Equity-based compensation	`ShareBasedCompensation`	$2.47M	USD	1 Quarter
Equity-based compensation	`ShareBasedCompensation`	$2.47M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$539.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$539.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-475.00K	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-475.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$206.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$206.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$188.00K	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$188.00K	USD	1 Quarter
Revenue receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.63M	USD	1 Quarter
Revenue receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.63M	USD	1 Quarter
Revenue receivable	`IncreaseDecreaseInAccountsReceivable`	$11.95M	USD	1 Quarter
Revenue receivable	`IncreaseDecreaseInAccountsReceivable`	$11.95M	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$851.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$851.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$233.00K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$233.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.40M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.40M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-218.00K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-218.00K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.97M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.97M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.71M	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.71M	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingAssets`	$-173.00K	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingAssets`	$-173.00K	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	1 Quarter
Other	`IncreaseDecreaseInOtherOperatingAssets`	-	USD	1 Quarter
Net cash from changes in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$17.49M	USD	1 Quarter
Net cash from changes in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$17.49M	USD	1 Quarter
Net cash from changes in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$39.42M	USD	1 Quarter
Net cash from changes in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$39.42M	USD	1 Quarter
Acquisition of oil and gas properties	`PaymentsToAcquireOilAndGasProperty`	$6.75M	USD	1 Quarter
Acquisition of oil and gas properties	`PaymentsToAcquireOilAndGasProperty`	$6.75M	USD	1 Quarter
Acquisition of oil and gas properties	`PaymentsToAcquireOilAndGasProperty`	$1.52M	USD	1 Quarter
Acquisition of oil and gas properties	`PaymentsToAcquireOilAndGasProperty`	$1.52M	USD	1 Quarter
Development of oil and gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$25.43M	USD	1 Quarter
Development of oil and gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$25.43M	USD	1 Quarter
Development of oil and gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$28.85M	USD	1 Quarter
Development of oil and gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$28.85M	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$26.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$26.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$2.00K	USD	1 Quarter
Purchase of property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$2.00K	USD	1 Quarter
Net cash from changes in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-32.21M	USD	1 Quarter
Net cash from changes in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-32.21M	USD	1 Quarter
Net cash from changes in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-30.37M	USD	1 Quarter
Net cash from changes in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-30.37M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$17.00M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$17.00M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$40.00M	USD	1 Quarter
Proceeds from revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$40.00M	USD	1 Quarter
Repayments of revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$40.00M	USD	1 Quarter
Repayments of revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$40.00M	USD	1 Quarter
Repayments of revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	-	USD	1 Quarter
Repayments of revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	-	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$16.31M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$16.31M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$26.04M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$26.04M	USD	1 Quarter
Cash acquired associated with the Lucero Acquisition	`CashAcquiredFromAcquisitionFinancingActivities`	-	USD	1 Quarter
Cash acquired associated with the Lucero Acquisition	`CashAcquiredFromAcquisitionFinancingActivities`	-	USD	1 Quarter
Cash acquired associated with the Lucero Acquisition	`CashAcquiredFromAcquisitionFinancingActivities`	$49.85M	USD	1 Quarter
Cash acquired associated with the Lucero Acquisition	`CashAcquiredFromAcquisitionFinancingActivities`	$49.85M	USD	1 Quarter
Stock exchanged for tax withholding	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.94M	USD	1 Quarter
Stock exchanged for tax withholding	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.94M	USD	1 Quarter
Stock exchanged for tax withholding	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.16M	USD	1 Quarter
Stock exchanged for tax withholding	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.16M	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$130.00K	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$130.00K	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$232.00K	USD	1 Quarter
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$232.00K	USD	1 Quarter
Net cash from changes in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.38M	USD	1 Quarter
Net cash from changes in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-6.38M	USD	1 Quarter
Net cash from changes in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$14.41M	USD	1 Quarter
Net cash from changes in Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$14.41M	USD	1 Quarter
Net Increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.53M	USD	1 Quarter
Net Increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.53M	USD	1 Quarter
Net Increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$825.00K	USD	1 Quarter
Net Increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$825.00K	USD	1 Quarter
CashBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.97M	USD	Point-in-time
CashBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.97M	USD	Point-in-time
CashBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.50M	USD	Point-in-time
CashBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.50M	USD	Point-in-time
CashBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.38M	USD	Point-in-time
CashBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.38M	USD	Point-in-time
CashBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$552.00K	USD	Point-in-time
CashBeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$552.00K	USD	Point-in-time
CashEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.97M	USD	Point-in-time
CashEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.97M	USD	Point-in-time
CashEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.50M	USD	Point-in-time
CashEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.50M	USD	Point-in-time
CashEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.38M	USD	Point-in-time
CashEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.38M	USD	Point-in-time
CashEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$552.00K	USD	Point-in-time
CashEnd of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$552.00K	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$2.87M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$2.87M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$2.00M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$2.00M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Oil and gas properties included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$34.95M	USD	1 Quarter
Oil and gas properties included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$34.95M	USD	1 Quarter
Oil and gas properties included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$66.51M	USD	1 Quarter
Oil and gas properties included in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$66.51M	USD	1 Quarter
Asset retirement obligations capitalized to oil and gas properties	`SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount`	-	USD	1 Quarter
Asset retirement obligations capitalized to oil and gas properties	`SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount`	-	USD	1 Quarter
Asset retirement obligations capitalized to oil and gas properties	`SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount`	$3.08M	USD	1 Quarter
Asset retirement obligations capitalized to oil and gas properties	`SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount`	$3.08M	USD	1 Quarter
Issuance of common stock to acquire Lucero	`StockIssued1`	-	USD	1 Quarter
Issuance of common stock to acquire Lucero	`StockIssued1`	-	USD	1 Quarter
Issuance of common stock to acquire Lucero	`StockIssued1`	$194.28M	USD	1 Quarter
Issuance of common stock to acquire Lucero	`StockIssued1`	$194.28M	USD	1 Quarter

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Common stock dividends declared (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.56	USD	1 Quarter
Common stock dividends declared (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.56	USD	1 Quarter
Common stock dividends declared (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.50	USD	1 Quarter
Common stock dividends declared (in USD per share)	`CommonStockDividendsPerShareDeclared`	$0.50	USD	1 Quarter
Beginning balance (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Beginning balance (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$500.33M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$500.33M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$522.72M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$522.72M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$546.41M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$546.41M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$667.69M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$667.69M	USD	Point-in-time
Net Income (Loss)	`NetIncomeLoss`	$-2.19M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-2.19M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$2.67M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$2.67M	USD	1 Quarter
Issuance of restricted stock units, net of forfeitures	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-74.00K	USD	1 Quarter
Issuance of restricted stock units, net of forfeitures	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$-74.00K	USD	1 Quarter
Issuance of restricted stock units, net of forfeitures	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$88.00K	USD	1 Quarter
Issuance of restricted stock units, net of forfeitures	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$88.00K	USD	1 Quarter
Issuance of common stock to acquire Lucero	`StockIssuedDuringPeriodValueAcquisitions`	$194.28M	USD	1 Quarter
Issuance of common stock to acquire Lucero	`StockIssuedDuringPeriodValueAcquisitions`	$194.28M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$1.76M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$1.76M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$2.47M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$2.47M	USD	1 Quarter
Common stock dividends declared	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$16.25M	USD	1 Quarter
Common stock dividends declared	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$16.25M	USD	1 Quarter
Common stock dividends declared	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$22.99M	USD	1 Quarter
Common stock dividends declared	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$22.99M	USD	1 Quarter
Stock exchanged for tax withholding and retired	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.94M	USD	1 Quarter
Stock exchanged for tax withholding and retired	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.94M	USD	1 Quarter
Stock exchanged for tax withholding and retired	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.16M	USD	1 Quarter
Stock exchanged for tax withholding and retired	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.16M	USD	1 Quarter
Ending balance (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Ending balance (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Ending balance	`StockholdersEquity`	$500.33M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$500.33M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$522.72M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$522.72M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$546.41M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$546.41M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$667.69M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$667.69M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.