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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Crude oil, natural gas and NGLs sales $ 321,099 $ 305,225
Commodity price risk management loss, net (190,074) (47,240)
Other income 3,475 2,615
Total revenues 134,500 260,600
Costs, expenses and other:    
Lease operating expenses 35,221 29,636
Production taxes 22,168 20,169
Transportation, gathering and processing expenses 11,424 7,313
Exploration, geologic and geophysical expense 2,643 2,646
Impairment of properties and equipment 7,875 33,188
General and administrative expense 39,598 35,696
Depreciation, depletion and amortization 151,422 126,788
Accretion of asset retirement obligations 1,584 1,288
(Gain) loss on sale of properties and equipment (369) 1,432
Other expenses 3,554 2,768
Total cost, expenses and other 275,120 260,924
Income (loss) from operations (140,620) (324)
Interest expense (16,978) (17,529)
Interest income 10 148
Income (loss) before income taxes (157,588) (17,705)
Income tax (expense) benefit 37,412 4,566
Net income (loss) $ (120,176) $ (13,139)
Earnings per share:    
Basic $ (1.82) $ (0.20)
Diluted $ (1.82) $ (0.20)
Weighted-average common shares outstanding    
Basic 66,182 65,957
Diluted 66,182 65,957