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CONSOLIDATED STATEMENTS OF INCOME (unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUES    
Sales and other operating revenues $ 1,281,208 $ 1,298,928 [1]
Interest and other income (loss) 5,192 (7,990) [1]
Total revenues 1,286,400 1,290,938 [1]
COSTS AND EXPENSES    
Lease operating expenses 262,255 337,223 [1]
Severance and ad valorem taxes 26,326 15,063 [1]
Exploration expenses, including undeveloped lease amortization 138,466 108,493 [1]
Selling and general expenses 92,026 81,467 [1]
Depreciation, depletion and amortization 396,249 363,142 [1]
Accretion of asset retirement obligations 12,065 11,896 [1]
Interest expense 32,886 27,028 [1]
Interest capitalized (8,868) (13,388) [1]
Other expense 814 0 [1]
Total costs and expenses 952,219 930,924 [1]
Income from continuing operations before income taxes 334,181 360,014 [1]
Income tax expense 164,895 177,331 [1]
Income from continuing operations 169,286 182,683 [1]
Income (loss) from discontinued operations, net of taxes (14,033) 177,916 [1]
NET INCOME $ 155,253 $ 360,599 [1]
INCOME PER COMMON SHARE - BASIC    
Income from continuing operations $ 0.94 $ 0.96 [1]
Income (loss) from discontinued operations $ (0.08) $ 0.93 [1]
Net income $ 0.86 $ 1.89 [1]
INCOME PER COMMON SHARE - DILUTED    
Income from continuing operations $ 0.93 $ 0.95 [1]
Income (loss) from discontinued operations $ (0.08) $ 0.93 [1]
Net income $ 0.85 $ 1.88 [1]
Average Common shares outstanding    
Basic 181,367,565 190,810,201 [1]
Diluted 182,576,570 191,765,395 [1]
[1] Reclassified to conform to current presentation.