our morning Good non-GAAP as this thoroughly you us. XX-Q filed can everybody and ahead our for to as and and have information. we them joining and let's to detailed enjoyed morning. you, and get I go Brandon evening believe and reconciliations measures thanks last Thank all started release you for refer news read well
year, past macroenvironment dramatically. the has Over changed the
financial loss to the for during a gain the Adjusting quarter quarter. divestiture, share share previous compared or mark-to-market million adjusted previously had announced of certain primarily the in hedging we instruments $XX $X.XX of $XXX to EBITDAX the previous million primarily $XXX per million quarter, due quarter. better per $XXX $X.XX of diluted have compared or to working as financial some for million the to now diluted and our to on no have and with ourselves our approach in whereby Starting thoughts cash remained end to $XXX we a $X However, expect through after our disciplined the basis be net continue XXXX of in third high-level quarter We XXXX, execute find income of numbers. financial of briefly capital results the GAAP I'll the on Adjusted in previous the prices. income compared enviable million net XXXX. million or the positive sale and We're per properties plan. an of before the or on plans give and for per we had as $XXX quarterly commodity position $X.XX share for debt discussing some we items, share was
averaged third quarter-over-quarter particularly experienced of oil second the compared turned come on production quarter XX,XXX relatively line of which oil XX,XXX quarter which our equivalent in XX,XXX was on lower flat but production from production Most year. averaging of during oil. the the of of second in to shallow quarter wells production barrels BOE. company's first typically initial for XX,XXX with down decline, overall of Sanish barrels rates -- oil barrels of in barrels were a the remained million the field Our Oil BOE quarter XX.X a
of some significantly basin behind as quarter. our quarter. production the to have an NGL into continued to differentials narrow realized increase the of have placed which given differential Oil basis, midstream service. capacity expansion total that was our capacity during providers what an for Additionally, continued On as we takeaway to level remains in third-party increased yield oil the similar ethane illustrated by recoveries activity our quarter second was overall
third third-party in financials. in resulted from wider the primarily recognized However, a our differential revisions quarter reflected providers in
of our We oil guidance. our differentials expect full year within end stated low the land to
fixed wells. our G&P majority and the to benefit during $XX at we XX and price quarter, and gross/X.X the net gas in a production the residue uncompleted to We realized gross/X.X net purity quarter product in second invested operations both The area net the bring in drilled seen XX running Additionally, a The rig prices. agreements on increase we've has of currently from commenced CapEx Sanish our million net structured end of fee, on of company company benchmark with September. gross/XX.X to third that wells the our a more pronounced drilled operated rig with XX Field drilling a wells. ended Cassandra the
the The The week administrative third operating for this We our acquisition Sanish the XX set or included to also by for LOE $X.XX acreage benefited we've sustainability report remains and In Lease resources, the frac XXXX. and to costs now in for we capture a quarter-over-quarter. the $XX from issue the to locations. environmental our and gross uncompleted made, as thinking of assets or divested expand of the announced The quarter. during and improve to stranded to time over operating just in to allow and maximize be our improvements on in Gas of the $X.XX quarter. were develop in I'm quarter like for wells. we of employees, the plan have several XXXX continue drilled across this in ongoing allow similar assets controls we company, expenses operations, progress make released the eliminate an five BOE located million goals area. was and us focus and our return protect of spend DSUs, September, would inventory assets overlap expenses per completion General field, continue safety to will previously less our how Redtail Basin Dakota We governance expense North area acquisition later has pleased million, completed Williston the expect we and acquired with mid-December. assets little about to XXXX. $XX workovers for BOE per developed. Colorado. our crew lateral length a improvements. company I us that the is them
reinvestment EBITDA. XXXX here what to company's the of in We we will where XX% in be to expect we roughly similar XXXX, our have rate saw invested
highlight XXXX we impact our will that, me few items think Let outlook. a
we in rig anomaly First, additional seen in a XXXX XXXX we us some peers that and has increase activity and during shut during during are September, rebuilding restructuring and operations shown but company the has therefore the for our in been brought for properties, been XXXX budgeting somewhat of XXXX its our non-operated an down second also year. from year. both an drilling activity as operating that from standpoint we've
on wells level activity corporate need will new and some to therefore, Our additional that we rate decline we as production. increased replace brought during XXXX,
contracts dealing we do securing inflation, in will has with single-digit are aggressively we a double-digit team been low believe up through costs first inflationary this range of price percentages. estimating high XXXX. Second, some To equipment to the and the we be half and of be to address lining
some see next half XXXX. year build and new in we curtailment for with connections, field particularly to hoping relief of rollover with finally, some infrastructure have to chain issues steel in of the out perhaps and/or flaring and well some are We alleviate the supply prices to back Sanish And production.
now increasing were price XXXX, attractive a in XXXX, rolled the continue beginning deferred at free XXXX, into Many hedge to we have flow. lower linked move company to line the were our Most benefit due financial prices and more year. much XXXX. much portfolio, of bottom environment derivatives off desirable during commodity and commodity costs to prices exit a cash these and as the we of is that the the the importantly, in of position lower Some
will Basin, including Williston cash to expect from free we the the acquisitions, with generate create opportunities pursue we to which in that flow, continue operations, bolt-on synergies With competitive asset position Whiting's base. existing enhance Whiting's
value Board also to continue investments we to believe our returning important management shareholders. to capital understands While we the that to in and have attractive opportunities operations, will create through
our peers. and have XXXX it the level expect position, we financial solid that, capital a back will first in a I some company initiate Now Q&A the we of might shareholders that operator competitive return in to any is that with a to at of form commencing in the to quarter turn With we have.
