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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues and other income:    
Natural gas, NGLs and oil sales $ 209,487 $ 325,483
Derivative fair value income 86,908 122,839
Brokered natural gas, marketing and other 35,018 14,485
Total revenues and other income 331,413 462,807
Costs and expenses:    
Direct operating 24,054 37,137
Transportation, gathering and compression 125,263 89,426
Production and ad valorem taxes 5,887 9,928
Brokered natural gas and marketing 36,558 21,562
Exploration 4,913 7,886
Abandonment and impairment of unproved properties 10,628 11,491
General and administrative 40,657 48,329
Termination costs 162 5,950
Deferred compensation plan 16,056 (5,624)
Interest 37,739 39,207
Depletion, depreciation and amortization 120,561 147,290
Impairment of proved properties and other assets 43,040 0
Loss on the sale of assets 1,643 175
Total costs and expenses 467,161 412,757
(Loss) income before income taxes (135,748) 50,050
Income tax (benefit) expense:    
Current 0 0
Deferred (44,038) 22,366
Total income tax expense (44,038) 22,366
Net (loss) income $ (91,710) $ 27,684
Net (loss) income per common share:    
Basic $ (0.55) $ 0.16
Diluted (0.55) 0.16
Dividends paid per common share $ 0.02 $ 0.04
Weighted average common shares outstanding:    
Basic 166,803 166,039
Diluted 166,803 166,066