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Consolidated Statements of Income (Loss) and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net Operating Revenues    
Crude Oil and Condensate $ 1,430,061 $ 753,711
Natural Gas Liquids 153,444 75,319
Natural Gas 230,602 165,503
Gains on Mark-to-Market Commodity Derivative Contracts 62,020 5,435
Gathering, Processing and Marketing 726,537 333,953
Gains (Losses) on Asset Dispositions, Net (16,758) 9,147
Other, Net 24,659 11,281
Total 2,610,565 1,354,349
Operating Expenses    
Lease and Well 255,777 240,865
Transportation Costs 178,714 190,454
Gathering and Processing Costs 38,144 28,524
Exploration Costs 56,894 29,829
Dry Hole Costs 0 246
Impairments 193,187 71,617
Marketing Costs 736,536 340,854
Depreciation, Depletion and Amortization 816,036 928,891
General and Administrative 97,238 100,531
Taxes Other Than Income 130,293 60,679
Total 2,502,819 1,992,490
Operating Income (Loss) 107,746 (638,141)
Other Income (Expense), Net 3,151 (4,437)
Income (Loss) Before Interest Expense and Income Taxes 110,897 (642,578)
Interest Expense    
Interest Expense, Net 71,515 68,390
Income (Loss) Before Income Taxes 39,382 (710,968)
Income Tax Provision (Benefit) 10,865 (239,192)
Net Income (Loss) $ 28,517 $ (471,776)
Net Income (Loss) Per Share    
Basic $ 0.05 $ (0.86)
Diluted 0.05 (0.86)
Dividends Declared per Common Share $ 0.1675 $ 0.1675
Average Number of Common Shares    
Basic 573,935 546,715
Diluted 578,593 546,715
Other Comprehensive Income    
Foreign Currency Translation Adjustments $ 309 $ 2,185
Other, Net of Tax 37 22
Other Comprehensive Income 346 2,207
Comprehensive Income (Loss) $ 28,863 $ (469,569)