In millions, except per share items | Jun-30-23 | Dec-31-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 | Mar-31-21 |
| 8-K | 8-K | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-Q |
REVENUES | | | | | | | | |
Total revenues | | | 923.1 | 540.2 | 419.6 | 312.3 | 243.0 | 175.0 |
Total revenues growth | | | 279.9% | 208.8% | 190.4% | 78.8% | 40.6% | -10.6% |
OPERATING COSTS AND EXPENSES | | | | | | | | |
Lease operating expense | | | 98.9 | 60.1 | 49.3 | 42.7 | 36.8 | |
Production and ad valorem taxes | | | 63.7 | 34.7 | 26.4 | 19.6 | 15.1 | 11.4 |
Depreciation, depletion and amortization | | | 156.7 | 116.3 | 106.4 | 97.8 | 99.3 | 96.2 |
General and administrative expense | | | 50.8 | 45.8 | 41.9 | 33.8 | 32.0 | 29.5 |
Transaction costs | | | 12.6 | 13.5 | 4.9 | 3.9 | 2.9 | 1.9 |
Accretion of asset retirement obligation | | | 1.6 | 1.2 | 1.1 | 1.1 | 0.8 | 0.6 |
Exploration expense | | | | 0.4 | 0.3 | 0.3 | 0.0 | |
Total operating costs and expenses | | | 384.6 | 272.1 | 230.3 | 201.2 | 190.9 | 174.7 |
Income (loss) from operations | | | 538.8 | 268.9 | 190.1 | 111.8 | 52.4 | 0.3 |
Operating margin | | | 58.4% | 49.8% | 45.3% | 35.8% | 21.6% | 0.2% |
|
OTHER INCOME (EXPENSE) | | | | | | | | |
Interest expense, net | | | -28.1 | -13.9 | -10.8 | -8.7 | -6.8 | -5.7 |
(Loss) gain on derivative contracts, net | | | -233.7 | -235.0 | -116.8 | -130.7 | -103.6 | -73.1 |
Other income, net | | | 0.8 | 0.8 | 0.8 | 1.1 | 0.6 | 0.4 |
Total other (expense) income | | | -261.0 | -248.1 | -126.7 | -138.3 | -109.9 | -78.5 |
Income (loss) before income taxes | | | 277.8 | 20.8 | 63.4 | -26.5 | -57.5 | -78.2 |
Income tax (expense) benefit | | | -23.8 | -0.6 | -1.9 | 0.6 | 0.9 | 1.5 |
Net income (loss) | | | 254.0 | 20.2 | 61.5 | -25.9 | -56.6 | -76.7 |
Less: Net income (loss) attributable to noncontrolling interest | | | 92.4 | 12.3 | 26.0 | -13.2 | -28.0 | -40.6 |
Net income (loss) attributable to Earthstone Energy, Inc. | | | 161.6 | 7.8 | 35.5 | -12.8 | -28.6 | -36.1 |
|
Net income (loss) per common share attributable to Earthstone Energy, Inc.: | | | | | | | | |
Basic (in dollars per share) | | | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Diluted (in dollars per share) | | | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Weighted average common shares outstanding: | | | | | | | | |
Basic (in shares) | | | 59.5 | 51.0 | 45.8 | 41.5 | 36.7 | 33.2 |
Diluted (in shares) | | | 67.1 | 52.5 | 47.4 | 42.4 | 36.7 | 33.2 |