|
Year Ended December 31, |
|
2006 |
|
2005 |
|
2004 |
| Revenues: |
|
|
|
|
|
|
|
|
|
Oil and gas sales |
$ |
601,551,368 |
|
$ |
423,766,245 |
|
$ |
311,285,172 |
|
Price-risk management and other, net |
|
13,889,862 |
|
|
(539,756) |
|
|
(1,008,398) |
|
|
----------------------- |
|
|
----------------------- |
|
|
----------------- |
|
|
615,441,230 |
|
|
423,226,489 |
|
|
310,276,774 |
|
|
----------------------- |
|
|
----------------------- |
|
|
----------------- |
| Costs and Expenses: |
|
|
|
|
|
|
|
|
|
General and administrative, net |
|
31,316,644 |
|
|
22,176,362 |
|
|
17,787,125 |
|
Depreciation, depletion, and amortization |
|
169,295,774 |
|
|
107,477,787 |
|
|
81,580,828 |
|
Accretion of asset retirement obligation |
|
1,034,322 |
|
|
761,042 |
|
|
673,654 |
|
Lease operating cost |
|
62,474,619 |
|
|
47,321,841 |
|
|
41,214,256 |
|
Severance and other taxes |
|
65,452,043 |
|
|
42,176,505 |
|
|
30,401,293 |
|
Interest expense, net |
|
23,581,663 |
|
|
24,873,401 |
|
|
27,643,108 |
|
Debt retirement cost |
|
--- |
|
|
--- |
|
|
9,536,268 |
|
|
----------------------- |
|
|
----------------------- |
|
|
----------------- |
|
|
353,155,065 |
|
|
244,786,938 |
|
|
208,836,532 |
|
|
----------------------- |
|
|
----------------------- |
|
|
----------------- |
|
|
|
|
|
|
|
|
|
| Income Before Income
Taxes |
|
262,286,165 |
|
|
178,439,551 |
|
|
101,440,242 |
|
|
|
|
|
|
|
|
|
| Provision for Income
Taxes |
|
100,720,825 |
|
|
62,661,095 |
|
|
32,989,325 |
|
|
----------------------- |
|
|
----------------------- |
|
|
----------------- |
|
|
|
|
|
|
|
|
|
| Net Income |
$ |
161,565,340 |
|
$ |
115,778,456 |
|
$ |
68,450,917 |
|
|
----------------------- |
|
|
----------------------- |
|
|
----------------- |
| Per Share Amounts- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic: Net Income |
$ |
5.52 |
|
$ |
4.06 |
|
$ |
2.46 |
|
|
----------------------- |
|
|
----------------------- |
|
|
----------------- |
|
Diluted: Net Income |
$ |
5.38 |
|
$ |
3.95 |
|
$ |
2.41 |
|
|
----------------------- |
|
|
----------------------- |
|
|
----------------- |
| Weighted Average
Shares Outstanding |
|
29,265,366 |
|
|
28,496,275 |
|
|
27,822,413 |
|
|
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