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Consolidated statements of operations - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Total revenues $ 837,281,000 $ 1,105,775,000 $ 822,162,000
Costs and expenses:      
Lease operating expenses 90,786,000 91,289,000 75,049,000
Production and ad valorem taxes 40,712,000 49,457,000 37,802,000
General and administrative 54,729,000 96,138,000 96,312,000
Organizational restructuring expenses 16,371,000 0 0
Depletion, depreciation and amortization 265,746,000 212,677,000 158,389,000
Impairment expense 620,889,000 0 0
Other operating expenses 4,118,000 4,472,000 4,931,000
Total costs and expenses 1,245,872,000 757,283,000 572,490,000
Operating income (loss) (408,591,000) 348,492,000 249,672,000
Non-operating income (expense):      
Gain on derivatives, net 79,151,000 42,984,000 350,000
Interest expense (61,547,000) (57,904,000) (89,377,000)
Litigation settlement 42,500,000 0 0
Income from equity method investee (see Note 4.d) 0 0 8,485,000
Gain on sale of investment in equity method investee (see Note 4.d) 0 0 405,906,000
Loss on early redemption of debt 0 0 (23,761,000)
Loss on disposal of assets, net (248,000) (5,798,000) (1,306,000)
Write-off of debt issuance costs (935,000) 0 0
Other income, net 4,623,000 1,070,000 805,000
Total non-operating income (expense), net 63,544,000 (19,648,000) 301,102,000
Income (loss) before income taxes (345,047,000) 328,844,000 550,774,000
Income tax benefit (expense):      
Current 0 807,000 (1,800,000)
Deferred 2,588,000 (5,056,000) 0
Total income tax benefit (expense) 2,588,000 (4,249,000) (1,800,000)
Net income (loss) $ (342,459,000) $ 324,595,000 $ 548,974,000
Net income (loss) per common share:      
Basic (in dollars per share) $ (1.48) $ 1.40 $ 2.30
Diluted (in dollars per share) $ (1.48) $ 1.39 $ 2.29
Weighted-average common shares outstanding:      
Basic (in shares) 231,295 232,339 239,096
Diluted (in shares) 231,295 233,172 240,122
Oil sales      
Revenues:      
Total revenues $ 572,918,000 $ 605,197,000 $ 445,012,000
NGL sales      
Revenues:      
Total revenues 100,330,000 149,843,000 101,438,000
Natural gas sales      
Revenues:      
Total revenues 33,300,000 53,490,000 75,057,000
Midstream service revenues      
Revenues:      
Total revenues 11,928,000 8,987,000 10,517,000
Costs and expenses:      
Costs of goods and services sold 4,486,000 2,872,000 4,099,000
Transportation and marketing expenses      
Costs and expenses:      
Costs of goods and services sold 25,397,000 11,704,000 0
Sales of purchased oil      
Revenues:      
Total revenues 118,805,000 288,258,000 190,138,000
Costs and expenses:      
Costs of goods and services sold $ 122,638,000 $ 288,674,000 $ 195,908,000