XML 17 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues $ 264,967 $ 263,973 $ 498,007 $ 489,253
Costs and Expenses        
Lease operating 44,514 35,151 86,545 74,424
Production and ad valorem taxes 17,793 16,127 32,687 28,675
Depreciation, depletion and amortization 80,766 72,430 156,088 136,897
General and administrative, net 17,301 18,265 42,033 45,557
(Gain) loss on derivatives, net (20,449) 67,714 62,835 97,310
Interest expense, net 18,024 15,599 34,475 31,116
Loss on extinguishment of debt 0 0 0 8,676
Other (income) expense, net (2,766) 2,895 1,592 2,995
Total Costs and Expenses 155,183 228,181 416,255 425,650
Income Before Income Taxes 109,784 35,792 81,752 63,603
Income tax (expense) benefit (2,299) (483) 177,096 (802)
Net Income (loss) 107,485 35,309 258,848 62,801
Dividends on preferred stock (4,452) (4,474) (8,812) (9,337)
Accretion on preferred stock (833) (740) (1,634) (1,493)
Loss on redemption of preferred stock 0 0 0 (7,133)
Net Income Attributable to Common Shareholders $ 102,200 $ 30,095 $ 248,402 $ 44,838
Net Income Attributable to Common Shareholders Per Common Share        
Income (loss) per share, basic (in dollars per share) $ 1.10 $ 0.37 $ 2.70 $ 0.55
Income (loss) per share, diluted (in dollars per share) $ 1.10 $ 0.36 $ 2.69 $ 0.54
Weighted Average Common Shares Outstanding        
Basic (in shares) 92,497 82,058 92,121 81,802
Diluted (in shares) 92,700 83,853 92,479 83,240
Oil and Condensate        
Revenues $ 245,212 $ 229,798 $ 447,956 $ 424,717
Natural Gas Liquids        
Revenues 14,159 21,269 30,996 38,171
Natural Gas, Production        
Revenues $ 5,596 $ 12,906 $ 19,055 $ 26,365