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Consolidated Statements Of Operations - USD ($)
$ in Thousands, shares in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues and other income:        
Oil and gas $ 596,000 $ 938,000 $ 1,113,000 $ 1,828,000
Sales of purchased oil and gas 236,000 205,000 339,000 353,000
Interest and other 11,000 3,000 17,000 7,000
Derivative gains (losses), net (197,000) (218,000) 44,000 (322,000)
Gain (loss) on disposition of assets, net 2,000 4,000 3,000 10,000
Total revenues and other income 648,000 932,000 1,516,000 1,876,000
Costs and expenses:        
Oil and gas production 163,000 167,000 343,000 325,000
Production and ad valorem taxes 37,000 56,000 76,000 111,000
Depletion, depreciation and amortization 329,000 243,000 639,000 460,000
Purchased oil and gas 237,000 198,000 345,000 341,000
Impairment of oil and gas properties 0 0 138,000 0
Exploration and abandonments 28,000 28,000 54,000 59,000
General and administrative 83,000 82,000 165,000 163,000
Accretion of discount on asset retirement obligations 3,000 3,000 6,000 6,000
Interest 46,000 47,000 92,000 92,000
Other 62,000 21,000 110,000 36,000
Costs and Expenses 988,000 845,000 1,968,000 1,593,000
Income (loss) from continuing operations before income taxes (340,000) 87,000 (452,000) 283,000
Income tax benefit (provision) 123,000 (32,000) 160,000 (83,000)
Income (loss) from continuing operations (217,000) 55,000 (292,000) 200,000
Loss from discontinued operations, net of tax (1,000) (54,000) (4,000) (76,000)
Net income (loss)     (296,000) 124,000
Net income (loss) attributable to common stockholders $ (218,000) $ 1,000 $ (296,000) $ 124,000
Basic earnings per share:        
Income (loss) from continuing operations $ (1.45) $ 0.38 $ (1.95) $ 1.38
Loss from discontinued operations (0.01) (0.37) (0.03) (0.52)
Net income (loss) (1.46) 0.01 (1.98) 0.86
Diluted earnings per share:        
Income (loss) from continuing operations (1.45) 0.38 (1.95) 1.38
Loss from discontinued operations (0.01) (0.37) (0.03) (0.52)
Net income (loss) $ (1.46) $ 0.01 $ (1.98) $ 0.86
Weighted average shares outstanding:        
Basic and diluted weighted average shares outstanding 149 143 149 143
Diluted 149 143 149 143
Dividends declared per share $ 0.00 $ 0.00 $ 0.04 $ 0.04
Amounts attributable to common stockholders:        
Net income (loss) attributable to common stockholders $ (218,000) $ 1,000 $ (296,000) $ 124,000