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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
REVENUES        
Oil sales $ 218.0 $ 201.6 $ 655.7 $ 553.1
Gas sales 130.7 123.2 399.4 287.5
NGL sales 32.2 19.8 84.0 56.2
Other revenue 3.6 2.5 10.3 4.3
Purchased oil and gas sales 5.6 35.3 44.5 76.3
Total Revenues 390.1 382.4 1,193.9 977.4
OPERATING EXPENSES        
Purchased oil and gas expense 6.9 37.1 45.4 80.8
Lease operating expense 76.2 50.7 215.4 163.3
Transportation and processing costs 60.2 75.8 202.6 218.9
Gathering and other expense 1.7 0.9 5.0 3.8
General and administrative 43.4 66.5 108.3 157.9
Production and property taxes 28.5 26.8 86.1 65.3
Depreciation, depletion and amortization 176.9 217.8 560.2 667.5
Exploration expenses 21.3 0.2 21.7 0.9
Impairment 28.3 5.0 28.4 1,188.2
Total operating expenses 443.4 480.8 1,273.1 2,546.6
Net gain (loss) from asset sales 185.4 5.3 205.2 5.0
OPERATING INCOME (LOSS) 132.1 (93.1) 126.0 (1,564.2)
Realized and unrealized gains (losses) on derivative contracts (Note 7) (104.3) 44.5 163.3 (85.1)
Interest and other income (expense) 0.1 4.6 2.5 5.6
Interest expense (34.4) (35.9) (103.1) (109.2)
INCOME (LOSS) BEFORE INCOME TAXES (6.5) (79.9) 188.7 (1,752.9)
Income tax (provision) benefit 3.2 29.0 (69.7) 641.2
NET INCOME (LOSS) $ (3.3) $ (50.9) $ 119.0 $ (1,111.7)
Earnings per common share        
Earnings Per Share, Basic $ (0.01) $ (0.21) $ 0.49 $ (5.15)
Earnings Per Share, Diluted $ (0.01) $ (0.21) $ 0.49 $ (5.15)
Weighted-average common shares outstanding        
Used in basic calculation (in shares) 240.7 239.6 240.5 215.7
Used in diluted calculation (in shares) 240.7 239.6 240.5 215.7
Dividends per common share (in dollars per share) $ 0.00 $ 0.00 $ 0.00 $ 0.00