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Condensed Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
REVENUES    
Oil and natural gas sales $ 266,772 $ 233,653
Electricity sales 7,589 5,980
Natural gas marketing 2,027 1,859
Gain on sale of assets 23 1,763
Interest and other income, net 475 747
TOTAL REVENUES 276,886 244,002
EXPENSES    
Operating costs—oil and natural gas production 86,148 54,221
Operating costs- electricity generation 5,296 5,017
Production taxes 10,784 10,658
Depreciation, depletion & amortization 68,478 48,422
Natural gas marketing 1,878 1,777
General and administrative 22,278 17,741
Interest 24,687 20,104
Dry hole, abandonment, impairment and exploration 962 3,067
Impairment of oil and natural gas properties 2,467 0
Realized and unrealized loss on derivatives, net 737 28,481
TOTAL EXPENSES 223,715 189,488
Earnings before income taxes 53,171 54,514
Income tax provision 20,737 20,616
Net earnings 32,434 33,898
Basic net earnings per share (in dollars per share) $ 0.59 $ 0.62
Diluted net earnings per share (in dollars per share) $ 0.58 $ 0.61
Dividends per share (in dollars per share) $ 0.08 $ 0.08
Oil and Natural Gas Properties, Buildings, and Equipment
   
EXPENSES    
Depreciation, depletion & amortization 68,084 47,956
Electricity Generation
   
EXPENSES    
Depreciation, depletion & amortization $ 394 $ 466