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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Crude oil, natural gas and NGLs sales $ 703,136 $ 314,920 $ 1,704,396 $ 809,156
Commodity price risk management gain (loss), net (217,678) (68,061) (707,187) 245,851
Other income 904 2,358 4,058 5,656
Total revenues 486,362 249,217 1,001,267 1,060,663
Costs, expenses and other:        
Lease operating expense 45,649 37,338 129,848 122,680
Production taxes 44,654 14,621 101,114 40,937
Transportation, gathering and processing expense 26,732 24,399 74,453 54,844
Exploration, geologic and geophysical expense 222 162 862 1,026
General and administrative expense 30,847 32,490 96,367 130,007
Depreciation, depletion and amortization 169,644 144,504 478,617 470,152
Accretion of asset retirement obligations 2,825 2,420 9,185 7,398
Impairment of properties and equipment 77 1,221 329 882,327
Loss (gain) on sale of properties and equipment (220) (289) (561) (642)
Other 303 1,936 2,496 6,083
Total cost, expenses and other 320,733 258,802 892,710 1,714,812
Income (loss) from operations 165,629 (9,585) 108,557 (654,149)
Interest expense (20,098) (21,022) (59,199) (66,977)
Income (loss) before income taxes 145,531 (30,607) 49,358 (721,126)
Income tax (expense) benefit (210) (176) (110) 3,496
Net income (loss) $ 145,321 $ (30,783) $ 49,248 $ (717,630)
Earnings per share:        
Basic $ 1.48 $ (0.31) $ 0.50 $ (7.34)
Diluted $ 1.45 $ (0.31) $ 0.49 $ (7.34)
Weighted-average common shares outstanding        
Basic 98,183 99,617 99,018 97,762
Diluted 99,966 99,617 100,534 97,762
Common Stock, Dividends, Per Share, Declared $ 0.12 $ 0 $ 0.24 $ 0