XML 46 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements Of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Income Statement [Abstract]        
Crude oil revenues $ 173,277 $ 117,797 $ 469,601 $ 311,084
Natural gas liquids revenues 7,798 6,025 19,669 11,532
Natural gas revenues 15,150 20,507 57,642 67,838
Total revenues 196,225 144,329 546,912 390,454
Costs and Expenses        
Lease operating 21,019 12,934 51,002 34,926
Production taxes 8,393 5,590 22,666 14,687
Ad valorem taxes 2,235 2,125 5,569 6,848
Depreciation, depletion and amortization 83,572 55,362 228,912 151,587
General and administrative 9,538 19,715 65,481 53,722
Loss on derivative instruments, net (71,783) 27,658 (11,153) 16,486
Interest expense, net 12,201 13,402 36,557 42,367
Other (income) expense, net 549 (28) 1,536 (95)
Total Costs and Expenses 65,724 136,758 400,570 320,528
Income From Continuing Operations Before Income Taxes 130,501 7,571 146,342 69,926
Income tax expense (47,504) (1,859) (53,510) (25,853)
Income From Continuing Operations 82,997 5,712 92,832 44,073
Income (Loss) From Discontinued Operations, Net of Income Taxes 792 (1,191) (748) 23,599
Net Income (loss) $ 83,789 $ 4,521 $ 92,084 $ 67,672
Net Income (Loss) Per Common Share - Basic        
Net income from continuing operations - basic (in dollars per share) $ 1.83 $ 0.14 $ 2.05 $ 1.10
Net income from discontinued operations - basic (in dollars per share) $ 0.02 $ (0.03) $ (0.02) $ 0.59
Net income per share, basic (in dollars per share) $ 1.85 $ 0.11 $ 2.03 $ 1.69
Net Income (Loss) Per Common Share - Diluted        
Net income from continuing operations - diluted (in dollars per share) $ 1.80 $ 0.14 $ 2.01 $ 1.09
Net income from discontinued operations - diluted (in dollars per share) $ 0.02 $ (0.03) $ (0.01) $ 0.58
Net income per share, diluted (in dollars per share) $ 1.82 $ 0.11 $ 2.00 $ 1.67
Weighted Average Common Shares Outstanding        
Basic (in shares) 45,257 40,386 45,277 40,083
Diluted (in shares) 46,029 40,927 46,109 40,601