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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Crude oil, natural gas and NGLs sales $ 232,733 $ 141,805 $ 636,027 $ 328,013
Commodity price risk management gain, net of settlements (52,178) 19,397 86,458 (62,348)
Other income 2,680 2,688 9,615 9,153
Total revenues 183,235 163,890 732,100 274,818
Costs, expenses and other:        
Lease operating expenses 25,353 14,001 65,170 43,006
Production taxes 15,516 9,568 42,957 19,682
Transportation, gathering and processing expenses 9,794 5,048 22,184 13,554
General and administrative expense 29,299 32,510 85,145 78,868
Exploration, geologic, and geophysical expense 41,908 241 43,895 688
Depreciation, depletion and amortization 125,238 112,927 360,567 317,329
Impairment of properties and equipment 252,740 933 282,499 6,104
Impairment of goodwill 75,121 0 75,121 0
Accretion of asset retirement obligation 1,472 1,777 4,906 5,400
Gain on sale of properties and equipment (62) (219) (754) (43)
Provision for uncollectible notes receivable 0 (700) (40,203) 44,038
Other expenses 2,947 3,092 10,365 7,795
Total cost, expenses and other 579,326 179,178 951,852 536,421
Loss from operations (396,091) (15,288) (219,752) (261,603)
Interest expense (19,275) (20,193) (58,359) (42,759)
Interest income 479 140 1,487 1,875
Loss before income taxes (414,887) (35,341) (276,624) (302,487)
Income tax benefit 122,350 12,032 71,483 112,198
Net loss $ (292,537) $ (23,309) $ (205,141) $ (190,289)
Earnings per share:        
Basic $ (4.44) $ (0.48) $ (3.12) $ (4.16)
Diluted $ (4.44) $ (0.48) $ (3.12) $ (4.16)
Weighted-average common shares outstanding        
Basic 65,865 48,839 65,825 45,741
Diluted 65,865 48,839 65,825 45,741