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Consolidated Statements Of Operations - USD ($)
$ in Thousands, shares in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues and other income:        
Oil and gas $ 613,000 $ 596,000 $ 1,022,000 $ 1,113,000
Sales of purchased oil and gas 395,000 236,000 618,000 339,000
Interest and other 6,000 7,000 13,000 14,000
Derivative gains, net (229,000) (197,000) (186,000) 44,000
Gain (loss) on disposition of assets, net 1,000 2,000 3,000 3,000
Total revenues and other income 786,000 644,000 1,470,000 1,513,000
Costs and expenses:        
Oil and gas production 141,000 163,000 297,000 343,000
Production and ad valorem taxes 36,000 37,000 65,000 76,000
Depletion, depreciation and amortization 384,000 329,000 737,000 639,000
Purchased oil and gas 410,000 237,000 653,000 345,000
Impairment of oil and gas properties 0 0 32,000 138,000
Exploration and abandonments 18,000 28,000 77,000 54,000
General and administrative 80,000 83,000 154,000 165,000
Accretion of discount on asset retirement obligations 5,000 3,000 9,000 6,000
Interest 56,000 46,000 111,000 92,000
Other 67,000 58,000 154,000 107,000
Costs and Expenses 1,197,000 984,000 2,289,000 1,965,000
Income from continuing operations before income taxes (411,000) (340,000) (819,000) (452,000)
Income tax provision 143,000 123,000 284,000 160,000
Income from continuing operations (268,000) (217,000) (535,000) (292,000)
Loss from discontinued operations, net of tax 0 (1,000) 0 (4,000)
Net income     (535,000) (296,000)
Net income (loss) attributable to common stockholders $ (268,000) $ (218,000) $ (535,000) $ (296,000)
Basic earnings per share:        
Income from continuing operations $ (1.63) $ (1.45) $ (3.28) $ (1.95)
Loss from discontinued operations 0.00 (0.01) 0.00 (0.03)
Net income (1.63) (1.46) (3.28) (1.98)
Diluted earnings per share:        
Income from continuing operations (1.63) (1.45) (3.28) (1.95)
Loss from discontinued operations 0.00 (0.01) 0.00 (0.03)
Net income $ (1.63) $ (1.46) $ (3.28) $ (1.98)
Weighted average shares outstanding:        
Basic 164 149 163 149
Diluted 164 149 163 149
Dividends declared per share $ 0.00 $ 0.00 $ 0.04 $ 0.04
Amounts attributable to common stockholders:        
Net income (loss) attributable to common stockholders $ (268,000) $ (218,000) $ (535,000) $ (296,000)