XML 23 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REVENUES                      
Oil and condensate, gas and NGL sales                 $ 1,871.3 $ 1,545.3 $ 1,269.7
Other revenues                 12.5 15.0 6.2
Purchased oil and gas sales                 48.8 62.6 101.2
Total Revenues $ 410.5 $ 560.8 $ 532.4 $ 428.9 $ 429.0 $ 390.1 $ 383.7 $ 420.1 1,932.6 1,622.9 1,377.1
OPERATING EXPENSES                      
Purchased oil and gas expense                 51.0 64.3 105.5
Lease operating expense                 263.1 294.8 224.7
Transportation and processing costs                 117.6 245.3 289.2
Gathering and other expense                 15.5 7.3 5.0
General and administrative                 221.7 153.5 196.5
Production and property taxes                 130.8 114.3 94.8
Depreciation, depletion and amortization                 857.1 754.5 871.1
Exploration expenses                 0.3 22.0 1.7
Impairment                 1,560.9 78.9 1,194.3
Total Operating Expenses                 3,218.0 1,734.9 2,982.8
Net gain (loss) from asset sales, inclusive of restructuring costs                 25.0 213.5 5.0
OPERATING INCOME (LOSS) (1,116.8) 156.8 (321.8) 21.4 (24.5) 132.1 (0.9) (5.2) (1,260.4) 101.5 (1,600.7)
Realized and unrealized gains (losses) on derivative contracts (Note 7)                 90.4 24.5 (233.0)
Interest and other income (expense)                 (9.6) 1.6 23.7
Loss from early extinguishment of debt                 0.0 (32.7) 0.0
Interest expense                 (149.4) (137.8) (143.2)
INCOME (LOSS) BEFORE INCOME TAXES                 (1,329.0) (42.9) (1,953.2)
Income tax (provision) benefit                 317.4 312.2 708.2
NET INCOME (LOSS) $ (629.3) $ 7.3 $ (336.0) $ (53.6) $ 150.3 $ (3.3) $ 45.4 $ 76.9 $ (1,011.6) $ 269.3 $ (1,245.0)
Earnings (loss) per common share                      
Basic $ (2.66) $ 0.03 $ (1.42) $ (0.22) $ 0.62 $ (0.01) $ 0.19 $ 0.32 $ (4.25) $ 1.12 $ (5.62)
Diluted $ (2.66) $ 0.03 $ (1.42) $ (0.22) $ 0.62 $ (0.01) $ 0.19 $ 0.32 $ (4.25) $ 1.12 $ (5.62)
Weighted-average common shares outstanding                      
Used in basic calculation                 237.9 240.6 221.7
Used in diluted calculation                 237.9 240.6 221.7