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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
REVENUES        
Gas sales $ 79.2 $ 111.9 $ 164.3 $ 233.9
Oil sales 207.7 250.4 351.5 429.2
NGL sales 22.8 26.1 36.4 45.2
Other revenue (0.5) 5.2 1.8 9.6
Purchased gas and oil sales 24.5 181.0 41.0 324.8
Total Revenues 333.7 574.6 595.0 1,042.7
OPERATING EXPENSES        
Purchased gas and oil expense 26.8 183.2 43.7 329.1
Lease operating expense 52.6 57.1 112.6 118.9
Gas, oil and NGL transportation and other handling costs 69.5 73.0 143.1 138.1
Gathering and other expense 1.6 1.4 2.9 3.1
General and administrative 43.7 51.3 92.4 98.7
Production and property taxes 20.7 32.7 38.5 60.5
Depreciation, depletion and amortization 209.7 215.8 449.7 411.2
Exploration expenses 0.4 0.8 0.7 1.9
Impairment 0.8 0.5 1,183.2 20.5
Total operating expenses 425.8 615.8 2,066.8 1,182.0
Net gain (loss) from asset sales (0.8) 24.5    
OPERATING INCOME (LOSS) (92.9) (16.7) (1,472.1) (145.3)
Realized and unrealized gains (losses) on derivative contracts (See Note 7) (180.5) (66.0) (129.6) 14.9
Interest and other income (expense) (0.3) 3.8 2.0 1.2
Interest expense (36.6) (36.2) (73.3) (73.0)
INCOME (LOSS) BEFORE INCOME TAXES (310.3) (115.1) (1,673.0) (202.2)
Income tax (provision) benefit 113.3 38.8 612.2 70.3
NET INCOME (LOSS) $ (197.0) $ (76.3) $ (1,060.8) $ (131.9)
Earnings per common share        
Earnings Per Share, Basic $ (0.90) $ (0.43) $ (5.21) $ (0.75)
Earnings Per Share, Diluted $ (0.90) $ (0.43) $ (5.21) $ (0.75)
Weighted-average common shares outstanding        
Used in basic calculation (in shares) 217.7 176.7 203.7 176.4
Used in diluted calculation (in shares) 217.7 176.7 203.7 176.4
Dividends per common share (in dollars per share) $ 0.00 $ 0.02 $ 0.00 $ 0.04