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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
Current Assets    
Cash and cash equivalents $ 701 $ 1,852
Accounts receivable, net of allowance for doubtful accounts of $735 and $688 at September 30, 2015 and December 31, 2014, respectively 99,297 157,678
Inventories 18,184 14,251
Assets held for sale 0 395,797
Derivative instruments 153,816 322,337
Prepayments and other 12,667 27,445
Total current assets 284,665 919,360
Oil and natural gas properties, successful efforts method    
Proved properties 7,754,455 6,903,514
Unproved properties 172,897 142,340
Less accumulated depreciation, depletion and amortization 2,744,855 1,893,106
Oil and natural gas properties, net 5,182,497 5,152,748
Other property and equipment, net 48,739 46,389
Total property, plant and equipment, net 5,231,236 5,199,137
Noncurrent derivative instruments 2,517 0
Other assets 13,129 19,761
TOTAL ASSETS 5,531,547 6,138,258
Current Liabilities    
Accounts payable 79,623 101,453
Accrued taxes 27,555 5,530
Accrued wages and benefits 25,103 21,553
Accrued capital costs 101,486 207,461
Revenue and royalty payable 58,480 72,047
Liabilities related to assets held for sale 0 24,230
Pension liabilities 29,789 24,609
Deferred income taxes 9,908 79,164
Derivative instruments 3,079 988
Other 13,513 23,288
Total current liabilities 348,536 560,323
Long-term debt 750,081 1,038,563
Asset retirement obligations 100,781 94,060
Pension and other postretirement liabilities 734 15,935
Deferred income taxes 853,360 1,000,486
Noncurrent derivative instruments 2,924 0
Other long-term liabilities 10,234 14,287
Total liabilities $ 2,066,650 $ 2,723,654
Commitments and Contingencies
Shareholders’ Equity    
Preferred stock, cumulative, $0.01 par value, 5,000,000 shares authorized $ 0 $ 0
Common shareholders’ equity    
Common stock, $0.01 par value; 150,000,000 shares authorized; 81,767,862 shares and 75,875,711 shares issued at September 30, 2015 and December 31, 2014, respectively 818 759
Premium on capital stock 975,616 564,438
Retained earnings 2,638,397 2,997,821
Accumulated other comprehensive income (loss), net of tax    
Pension and postretirement plans (19,969) (22,870)
Deferred compensation plan 1,923 2,862
Treasury stock, at cost; 3,019,498 shares and 2,980,598 shares at September 30, 2015 and December 31, 2014, respectively (131,888) (128,406)
Total shareholders’ equity 3,464,897 3,414,604
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 5,531,547 $ 6,138,258