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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating revenues and other income:    
Oil, gas, and NGL production revenue $ 362,595 $ 276,313
Realized hedge gain (loss) (note 10) 1,652 (1,375)
Gain on divestiture activity (note 3) 1,462 24,915
Marketed gas system and other operating revenue 11,714 15,476
Total operating revenues and other income 377,423 315,329
Operating expenses:    
Oil, gas, and NGL production expense 87,132 65,812
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 169,570 105,356
Exploration 18,607 12,712
Abandonment and impairment of unproved properties 142 3,079
General and administrative 28,142 25,861
Change in Net Profits Plan liability (note 7) 3,939 14,195
Unrealized and realized derivative (gain) loss (note 10) 2,216 88,429
Marketed gas system and other expense 11,450 19,857
Total operating expenses 321,198 335,301
Income from operations 56,225 (19,972)
Nonoperating income (expense):    
Interest income 70 128
Interest expense (14,278) (9,714)
Income before income taxes 42,017 (29,558)
Income tax expense (15,681) 11,055
Net income $ 26,336 $ (18,503)
Basic weighted-average common shares outstanding (in shares) 64,104 63,447
Diluted weighted-average common shares outstanding (in shares) 67,845 63,447
Basic net income per common share (in dollars per share) (note 9) $ 0.41 $ (0.29)
Diluted net income per common share (in dollars per share) (note 9) $ 0.39 $ (0.29)
Cash dividends (in dollars per share) $ 0.05 $ 0.05