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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
REVENUES        
Oil and condensate, gas and NGL sales $ 544.0 $ 380.9 $ 1,474.1 $ 1,139.1
Other revenue 3.8 3.6 11.8 10.3
Purchased oil and gas sales 13.0 5.6 36.2 44.5
Total Revenues 560.8 390.1 1,522.1 1,193.9
OPERATING EXPENSES        
Purchased oil and gas expense 13.3 6.9 38.6 45.4
Lease operating expense 64.6 76.2 203.6 215.4
Transportation and processing costs 28.0 60.2 93.2 202.6
Gathering and other expense 4.6 1.7 10.8 5.0
General and administrative 48.3 43.4 164.2 108.3
Production and property taxes 37.4 28.5 103.9 86.1
Depreciation, depletion and amortization 234.9 176.9 673.6 560.2
Exploration expenses 0.0 21.3 0.1 21.7
Impairment 0.0 28.3 404.4 28.4
Total Operating Expenses 431.1 443.4 1,692.4 1,273.1
Net gain (loss) from asset sales, inclusive of restructuring costs 27.1 185.4 26.7 205.2
OPERATING INCOME (LOSS) 156.8 132.1 (143.6) 126.0
Realized and unrealized gains (losses) on derivative contracts (Note 7) (108.0) (104.3) (240.3) 163.3
Interest and other income (expense) (0.3) 0.1 (4.1) 2.5
Interest expense (38.7) (34.4) (111.9) (103.1)
INCOME (LOSS) BEFORE INCOME TAXES 9.8 (6.5) (499.9) 188.7
Income tax (provision) benefit (2.5) 3.2 117.6 (69.7)
Net income (loss) $ 7.3 $ (3.3) $ (382.3) $ 119.0
Earnings (loss) per common share        
Basic $ 0.03 $ (0.01) $ (1.60) $ 0.49
Diluted $ 0.03 $ (0.01) $ (1.60) $ 0.49
Weighted-average common shares outstanding        
Used in basic calculation 236.9 240.7 238.3 240.5
Used in diluted calculation 237.0 240.7 238.3 240.5