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Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Net Operating Revenues      
Crude Oil and Condensate $ 5,659,437 $ 3,838,284 $ 1,998,771
Natural Gas Liquids 727,177 779,364 462,345
Natural Gas 1,571,762 2,240,540 2,420,099
Gains on Mark-to-Market Commodity Derivative Contracts 393,744 626,053 61,912
Gathering, Processing and Marketing 3,096,694 2,115,792 909,680
Gains on Asset Dispositions, Net 192,660 492,909 223,538
Other, Net 41,162 33,173 23,551
Total 11,682,636 10,126,115 6,099,896
Operating Expenses      
Lease and Well 1,000,052 941,954 698,430
Transportation Costs 601,431 430,322 385,189
Gathering and Processing Costs 97,945 80,727 66,758
Exploration Costs 185,569 171,658 187,381
Dry Hole Costs 14,970 53,230 72,486
Impairments 1,270,735 1,031,037 742,647
Marketing Costs 3,035,494 2,072,137 884,212
Depreciation, Depletion and Amortization 3,169,703 2,516,381 1,941,926
General and Administrative 331,545 304,811 280,474
Taxes Other Than Income 495,395 410,549 317,074
Total 10,202,839 8,012,806 5,576,577
Operating Income 1,479,797 2,113,309 523,319
Other Income, Net 14,495 6,853 14,243
Income Before Interest Expense and Income Taxes 1,494,292 2,120,162 537,562
Interest Expense      
Incurred 263,254 268,104 205,886
Capitalized (49,702) (57,741) (76,300)
Net Interest Expense 213,552 210,363 129,586
Income Before Income Taxes 1,280,740 1,909,799 407,976
Income Tax Provision 710,461 818,676 247,322
Net Income 570,279 1,091,123 160,654
Net Income Per Share      
Basic $ 2.13 $ 4.15 $ 0.64
Diluted $ 2.11 $ 4.10 $ 0.63
Dividends Declared per Common Share $ 0.68 $ 0.64 $ 0.62
Average Number of Common Shares      
Basic 267,577 262,735 250,876
Diluted 270,762 266,268 254,500
Comprehensive Income      
Net Income 570,279 1,091,123 160,654
Other Comprehensive Income (Loss)      
Foreign Currency Translation Adjustments 37,739 (32,597) 96,179
Foreign Currency Swap Transaction 1,589 (1,571) 4,447
Income Tax Related to Foreign Currency Swap Transaction (404) 404 (1,203)
Interest Rate Swap Transaction (134) (5,223) 1,843
Income Tax Related to Interest Rate Swap Transaction 48 1,878 (664)
Other (689) (1,216) (251)
Other Comprehensive Income (Loss) 38,149 (38,325) 100,351
Comprehensive Income $ 608,428 $ 1,052,798 $ 261,005