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Consolidated Statements Of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues and other income:      
Oil and gas $ 2,294,063 $ 1,718,297 $ 1,402,436
Interest and other 101,960 56,972 101,589
Derivative gains (losses), net 392,752 448,434 (195,557)
Gain (loss) on disposition of assets, net (3,644) 19,074 (774)
Hurricane activity, net 1,454 138,918 (17,313)
Revenues and other income 2,786,585 2,381,695 1,290,381
Costs and expenses:      
Oil and gas production 453,085 364,764 345,885
Production and ad valorem taxes 147,664 112,141 98,371
Depletion, depreciation and amortization 607,405 499,856 564,149
Impairment of oil and gas properties 354,408   21,091
Exploration and abandonments 121,320 189,597 79,095
General and administrative 193,215 164,332 130,863
Accretion of discount on asset retirement obligations 8,256 7,945 8,050
Interest 181,660 183,084 173,353
Other 63,166 78,404 94,702
Costs and expenses, Total 2,130,179 1,600,123 1,515,559
Income (loss) from continuing operations before income taxes 656,406 781,572 (225,178)
Income tax benefit (provision) (197,644) (269,627) 83,195
Income (loss) from continuing operations 458,762 511,945 (141,983)
Income from discontinued operations, net of tax 423,152 134,050 99,716
Net income (loss) 881,914 645,995 (42,267)
Net income attributable to noncontrolling interests (47,425) (40,787) (9,839)
Net income (loss) attributable to common stockholders 834,489 605,208 (52,106)
Basic earnings per share:      
Income (loss) from continuing operations attributable to common stockholders $ 3.45 $ 4.00 $ (1.33)
Income from discontinued operations attributable to common stockholders $ 3.56 $ 1.14 $ 0.87
Net income (loss) attributable to common stockholders $ 7.01 $ 5.14 $ (0.46)
Diluted earnings per share:      
Income (loss) from continuing operations attributable to common stockholders $ 3.39 $ 3.96 $ (1.33)
Income from discontinued operations attributable to common stockholders $ 3.49 $ 1.12 $ 0.87
Net income (loss) attributable to common stockholders $ 6.88 $ 5.08 $ (0.46)
Weighted average shares outstanding:      
Basic 116,904 115,062 114,176
Diluted 119,215 116,330 114,176
Amounts attributable to common stockholders:      
Income (loss) from continuing operations, net of tax 411,337 471,158 (151,822)
Discontinued operations, net of tax 423,152 134,050 99,716
Net income (loss) $ 834,489 $ 605,208 $ (52,106)