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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
REVENUES    
Oil sales $ 221.7 $ 143.8
Gas sales 134.5 85.1
NGL sales 29.0 13.6
Other revenue 4.0 2.3
Purchased oil and gas sales 30.9 16.5
Total Revenues 420.1 261.3
OPERATING EXPENSES    
Purchased oil and gas expense 29.4 16.9
Lease operating expense 69.2 60.0
Transportation and processing costs 70.2 73.6
Gathering and other expense 1.5 1.3
General and administrative 33.6 48.5
Production and property taxes 29.1 17.8
Depreciation, depletion and amortization 191.8 240.0
Exploration expenses 0.4 0.3
Impairment 0.1 1,182.4
Total operating expenses 425.3 1,640.8
Net gain (loss) from asset sales 0.0 0.5
OPERATING INCOME (LOSS) (5.2) (1,379.0)
Realized and unrealized gains (losses) on derivative contracts (Note 7) 160.9 50.9
Interest and other income (expense) 0.6 2.1
Interest expense (33.8) (36.7)
INCOME (LOSS) BEFORE INCOME TAXES 122.5 (1,362.7)
Income tax (provision) benefit (45.6) 498.9
NET INCOME (LOSS) $ 76.9 $ (863.8)
Earnings per common share    
Earnings Per Share, Basic $ 0.32 $ (4.55)
Earnings Per Share, Diluted $ 0.32 $ (4.55)
Weighted-average common shares outstanding    
Used in basic calculation (in shares) 240.2 189.7
Used in diluted calculation (in shares) 240.3 189.7
Dividends per common share (in dollars per share) $ 0.00 $ 0.00