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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues and other income:        
Oil and gas $ 583,931 $ 422,042 $ 1,081,061 $ 894,087
Interest and other 18,454 16,952 51,141 34,960
Gain (loss) on disposition of assets, net (296) 7,645 (2,487) 24,588
Revenues and other income 602,089 446,639 1,129,715 953,635
Costs and expenses:        
Oil and gas production 102,455 94,012 202,386 180,112
Production and ad valorem taxes 35,864 25,338 69,160 52,399
Depletion, depreciation and amortization 153,898 144,309 294,271 288,737
Exploration and abandonments 19,914 22,743 37,557 39,591
General and administrative 44,644 40,433 88,750 78,748
Accretion of discount on asset retirement obligations 2,658 2,529 5,313 5,388
Interest 45,768 45,368 90,995 92,891
Hurricane activity, net (2) 5,184 69 (2,226)
Derivative (gains) losses, net (229,478) (177,528) 14,954 (443,004)
Other 14,388 14,193 32,269 30,139
Costs and expenses, Total 190,109 216,581 835,724 322,775
Income from continuing operations before income taxes 411,980 230,058 293,991 630,860
Income tax provision (144,696) (83,220) (97,545) (227,227)
Income from continuing operations 267,284 146,838 196,446 403,633
Income (loss) from discontinued operations, net of tax (1,584) 41,851 413,058 45,662
Net income 265,700 188,689 609,504 449,295
Net income attributable to the noncontrolling interests (20,123) (21,113) (15,333) (36,465)
Net income attributable to common stockholders 245,577 167,576 594,171 412,830
Basic earnings per share:        
Income from continuing operations attributable to common stockholders $ 2.08 $ 1.07 $ 1.53 $ 3.12
Income (loss) from discontinued operations attributable to common stockholders $ (0.01) $ 0.35 $ 3.50 $ 0.39
Net income attributable to common stockholders $ 2.07 $ 1.42 $ 5.03 $ 3.51
Diluted earnings per share:        
Income from continuing operations attributable to common stockholders $ 2.04 $ 1.06 $ 1.50 $ 3.10
Income (loss) from discontinued operations attributable to common stockholders $ (0.01) $ 0.35 $ 3.40 $ 0.39
Net income attributable to common stockholders $ 2.03 $ 1.41 $ 4.90 $ 3.49
Weighted average shares outstanding:        
Basic 116,213 115,104 116,042 114,880
Diluted 118,592 116,006 118,986 115,735
Dividends declared per share     $ 0.04 $ 0.04
Amounts attributable to common stockholders:        
Income from continuing operations 247,161 125,725 181,113 367,168
Income (loss) from discontinued operations, net of tax (1,584) 41,851 413,058 45,662
Net income $ 245,577 $ 167,576 $ 594,171 $ 412,830