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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 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Operating revenues and other income:        
Oil, gas, and NGL production revenue $ 562,569 $ 169,790 $ 985,734 $ 524,023
Other operating income (loss) 1,280 (158) 21,961 1,343
Total operating revenues and other income 563,849 169,632 1,007,695 525,366
Operating expenses:        
Oil, gas, and NGL production expense 125,456 80,445 226,386 199,997
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 204,714 180,856 371,674 414,345
Exploration 8,714 9,787 18,037 21,136
Impairment 8,750 8,750 17,500 998,513
General and administrative 24,639 27,227 49,353 54,674
Net derivative (gain) loss 370,348 167,200 715,037 (378,140)
Other operating expense, net 1,852 8,046 1,253 8,612
Total operating expenses 744,473 482,311 1,399,240 1,319,137
Loss from operations (180,624) (312,679) (391,545) (793,771)
Interest expense (39,536) (40,354) (79,407) (81,866)
Gain (loss) on extinguishment of debt (2,144) 227,281 (2,144) 239,476
Other non-operating expense, net (853) (185) (1,224) (679)
Loss before income taxes (223,157) (125,937) (474,320) (636,840)
Income tax benefit 162 36,685 56 135,693
Net loss $ (222,995) $ (89,252) $ (474,264) $ (501,147)
Basic weighted-average common shares outstanding 118,357 113,008 116,568 113,015
Diluted weighted-average common shares outstanding 118,357 113,008 116,568 113,015
Basic net loss per common share $ (1.88) $ (0.79) $ (4.07) $ (4.43)
Diluted net loss per common share (1.88) (0.79) (4.07) (4.43)
Dividends per common share $ 0 $ 0 $ 0.01 $ 0.01