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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (in thousands, except per share data) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Operating revenues and other income:        
Oil, gas, and NGL production revenue $ 282,012 $ 389,419 $ 806,035 $ 1,136,749
Net gain on divestiture activity 0 0 91 323
Other operating revenues (997) 898 255 1,347
Total operating revenues and other income 281,015 390,317 806,381 1,138,419
Operating expenses:        
Oil, gas, and NGL production expense 95,257 129,042 295,254 373,397
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 181,708 211,125 596,053 595,201
Exploration 8,547 11,626 29,683 33,851
Impairment 8,750 6,337 1,007,263 25,092
General and administrative 24,452 32,578 79,126 95,584
Net derivative (gain) loss 63,871 (100,889) (314,269) (3,463)
Other operating expense, net 1,562 1,021 10,174 422
Total operating expenses 384,147 290,840 1,703,284 1,120,084
Income (loss) from operations (103,132) 99,477 (896,903) 18,335
Interest expense (41,519) (40,584) (123,385) (118,191)
Gain on extinguishment of debt 25,070 0 264,546 0
Other non-operating expense, net (1,680) (548) (2,359) (1,427)
Income (loss) before income taxes (121,261) 58,345 (758,101) (101,283)
Income tax (expense) benefit 22,969 (16,111) 158,662 16,337
Net Income (Loss) $ (98,292) $ 42,234 $ (599,439) $ (84,946)
Basic weighted-average common shares outstanding 114,371 112,804 113,462 112,441
Diluted weighted-average common shares outstanding 114,371 113,334 113,462 112,441
Basic net income (loss) per common share $ (0.86) $ 0.37 $ (5.28) $ (0.76)
Diluted net income (loss) per common share (0.86) 0.37 (5.28) (0.76)
Dividends per common share $ 0.01 $ 0.05 $ 0.02 $ 0.10