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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Crude oil, natural gas and NGLs sales $ 320,315 $ 321,099
Commodity price risk management gain (loss), net 434,698 (190,074)
Other income 2,017 3,475
Total revenues 757,030 134,500
Costs, expenses and other:    
Lease operating expenses 49,534 35,221
Production taxes 18,470 22,168
Transportation, gathering and processing expenses 13,496 11,424
Exploration, geologic and geophysical expense 136 2,643
Impairment of properties and equipment 881,074 7,875
General and administrative expense 62,165 39,598
Depreciation, depletion and amortization 176,157 151,422
Accretion of asset retirement obligations 2,620 1,584
Gain on sale of properties and equipment (179) (369)
Other expenses 2,144 3,554
Total cost, expenses and other 1,205,617 275,120
Income (loss) from operations (448,587) (140,620)
Interest expense (24,173) (16,968)
Income (loss) before income taxes (472,760) (157,588)
Income tax (expense) benefit 7,745 37,412
Net income (loss) $ (465,015) $ (120,176)
Earnings per share:    
Basic $ (4.94) $ (1.82)
Diluted $ (4.94) $ (1.82)
Weighted-average common shares outstanding    
Basic 94,077 66,182
Diluted 94,077 66,182