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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues and other income:        
Revenues and other income $ 424,035 $ 547,769 $ 1,267,629 $ 2,013,821
Derivative fair value (loss) income (124,690) 74,676 102,182 208,190
Total revenues and other income 299,345 622,445 1,369,811 2,222,011
Costs and expenses:        
Production and ad valorem taxes 6,106 7,805 20,682 29,004
Brokered natural gas and marketing 47,967 79,938 118,752 313,360
Exploration 8,086 11,013 23,190 27,333
Abandonment and impairment of unproved properties 5,667 16,202 16,604 41,631
General and administrative 38,153 41,047 118,695 138,316
Exit and termination costs 521,633 819 533,525 3,025
Deferred compensation plan 6,237 (8,871) 10,287 (16,432)
Interest 47,999 46,997 144,141 150,261
Loss (gain) on early extinguishment of debt 7,821 (2,985) (14,093) (2,985)
Depletion, depreciation and amortization 96,167 137,751 303,779 417,974
Impairment of proved properties and other assets 1,955 0 78,955 0
Loss (gain) on the sale of assets 9,230 36,341 (112,443) 30,663
Total costs and expenses 1,084,644 697,245 2,149,766 2,134,420
(Loss) income before income taxes (785,299) (74,800) (779,955) 87,591
Income tax (benefit) expense:        
Current 0 4,079 (366) 4,079
Deferred (105,251) (51,298) (97,947) (5,511)
Total (benefit) expense for income taxes (105,251) (47,219) (98,313) (1,432)
Net (loss) income $ (680,048) $ (27,581) $ (681,642) $ 89,023
Net (loss) income per common share:        
Basic $ (2.83) $ (0.11) $ (2.82) $ 0.35
Diluted (2.83) (0.11) (2.82) 0.35
Dividends paid per common share $ 0 $ 0.02 $ 0 $ 0.06
Weighted average common shares outstanding:        
Basic 239,895 248,082 241,770 247,878
Diluted 239,895 248,082 241,770 248,823
Natural Gas, NGLs and Oil Sales        
Revenues and other income:        
Revenues and other income $ 381,553 $ 474,754 $ 1,162,907 $ 1,709,987
Brokered Natural Gas, Marketing and Other        
Revenues and other income:        
Revenues and other income 42,482 73,015 104,722 303,834
Direct Operating        
Costs and expenses:        
Costs and expenses 19,515 35,276 75,944 102,484
Transportation, Gathering, Processing and Compression        
Costs and expenses:        
Costs and expenses $ 268,108 $ 295,912 $ 831,748 $ 899,786