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Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Net Operating Revenues    
Crude Oil and Condensate $ 1,781,833 $ 1,310,335
Natural Gas Liquids 169,529 198,310
Natural Gas 410,879 367,284
(Losses) Gains on Mark-to-Market Commodity Derivative Contracts (104,956) 134,208
Gathering, Processing and Marketing 922,957 718,157
Gains on Asset Dispositions, Net 164,233 67,468
Other, Net 12,039 10,889
Total 3,356,514 2,806,651
Operating Expenses    
Lease and Well 249,000 261,495
Transportation Costs 184,257 131,842
Gathering and Processing Costs 24,504 25,592
Exploration Costs 44,216 42,807
Dry Hole Costs 3,962 0
Impairments 53,548 133,147
Marketing Costs 904,649 705,468
Depreciation, Depletion and Amortization 846,388 748,743
General and Administrative 77,985 76,269
Taxes Other Than Income 134,931 121,516
Total 2,523,440 2,246,879
Operating Income 833,074 559,772
Other Income (Expense), Net (10,134) 10,631
Income Before Interest Expense and Income Taxes 822,940 570,403
Interest Expense    
Interest Expense, Net 61,921 50,269
Income Before Income Taxes 761,019 520,134
Income Tax Provision 266,294 196,125
Net Income 494,725 324,009
Net Income Per Share    
Basic $ 1.84 $ 1.22
Diluted $ 1.82 $ 1.20
Dividends Declared per Common Share $ 0.1875 $ 0.17
Average Number of Common Shares    
Basic 269,358 266,674
Diluted 272,263 270,242
Comprehensive Income    
Net Income 494,725 324,009
Other Comprehensive Income (Loss)    
Foreign Currency Translation Adjustments (14,264) 26,525
Foreign Currency Swap Transaction (1,701) (2,061)
Income Tax Related to Foreign Currency Swap Transaction 0 (527)
Interest Rate Swap Transaction (737) 595
Income Tax Related to Interest Rate Swap Transaction (265) 214
Other (28) (27)
Other Comprehensive Income (Loss) (12,063) 27,705
Comprehensive Income $ (482,662) $ (351,714)