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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Crude oil, natural gas and NGLs sales $ 314,920 $ 307,409 $ 809,156 $ 967,464
Commodity price risk management gain (loss), net (68,061) 54,867 245,851 (87,858)
Other income 2,358 3,667 5,656 11,495
Total revenues 249,217 365,943 1,060,663 891,101
Costs, expenses and other:        
Lease operating expenses 37,338 36,498 122,680 106,047
Production taxes 14,621 13,039 40,937 57,849
Transportation, gathering and processing expenses 24,399 10,999 54,844 34,631
Exploration, geologic and geophysical expense 162 209 1,026 3,492
General and administrative expense 32,490 41,091 130,007 123,497
Depreciation, depletion and amortization 144,504 171,839 470,152 491,784
Accretion of asset retirement obligations 2,420 1,356 7,398 4,503
Impairment of properties and equipment 1,221 167 882,327 37,021
Loss (gain) on sale of properties and equipment (289) 43,872 (642) 9,599
Other expenses 1,936 2,492 6,083 8,882
Total cost, expenses and other 258,802 321,562 1,714,812 877,305
Income (loss) from operations (9,585) 44,381 (654,149) 13,796
Interest expense (21,022) (17,811) (66,977) (53,679)
Income (loss) before income taxes (30,607) 26,570 (721,126) (39,883)
Income tax (expense) benefit (176) (10,662) 3,496 4,163
Net income (loss) $ (30,783) $ 15,908 $ (717,630) $ (35,720)
Earnings per share:        
Basic $ (0.31) $ 0.25 $ (7.34) $ (0.55)
Diluted $ (0.31) $ 0.25 $ (7.34) $ (0.55)
Weighted-average common shares outstanding        
Basic 99,617 62,547 97,762 64,835
Diluted 99,617 62,595 97,762 64,835