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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues and other income:        
Total Revenues from Contracts with Customers $ 1,568,253 $ 954,859 $ 4,153,111 $ 2,323,175
Derivative fair value loss (457,708) (652,220) (1,636,687) (959,782)
Total revenues and other income 1,110,545 302,639 2,516,424 1,363,393
Costs and expenses:        
Production and ad valorem taxes 8,428 7,140 22,486 20,179
Brokered natural gas and marketing 127,285 105,838 330,517 247,177
Exploration 7,498 5,881 19,703 16,447
Abandonment and impairment of unproved properties 3,186 2,000 12,319 7,206
General and administrative 41,197 49,061 127,716 127,307
Exit and termination costs 11,065 11,789 58,249 9,557
Deferred compensation plan 5,795 34,278 59,917 89,551
Interest 38,736 56,809 127,912 170,974
Loss on early extinguishment of debt 0 0 69,232 98
Depletion, depreciation and amortization 90,471 93,116 262,573 272,128
Gain on the sale of assets (135) (78) (548) (724)
Total costs and expenses 677,835 682,589 2,100,417 1,871,237
Income (loss) before income taxes 432,710 (379,950) 416,007 (507,844)
Income tax expense (benefit):        
Current 6,981 4,484 20,732 7,221
Deferred 52,642 (34,167) 26,141 (35,477)
Total (benefit) expense for income taxes 59,623 (29,683) 46,873 (28,256)
Net income (loss) $ 373,087 $ (350,267) $ 369,134 $ (479,588)
Net income (loss) per common share:        
Basic $ 1.52 $ (1.44) $ 1.48 $ (1.98)
Diluted 1.49 (1.44) 1.45 (1.98)
Dividends declared per share $ 0.08 $ 0 $ 0.08 $ 0
Weighted average common shares outstanding:        
Basic 239,768 243,311 242,850 242,692
Diluted 245,023 243,311 248,360 242,692
Natural Gas, NGLs and Oil Sales        
Revenues and other income:        
Total Revenues from Contracts with Customers $ 1,435,152 $ 849,305 $ 3,824,395 $ 2,074,507
Brokered Natural Gas, Marketing and Other        
Revenues and other income:        
Total Revenues from Contracts with Customers 133,101 105,554 328,716 248,668
Direct Operating        
Costs and expenses:        
Costs and expenses 21,290 20,245 61,628 57,653
Transportation, Gathering, Processing and Compression        
Costs and expenses:        
Costs and expenses $ 323,019 $ 296,510 $ 948,713 $ 853,684