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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Revenues $ 556,274 $ 456,452 $ 1,123,408 $ 903,628
Costs and expenses:        
Depreciation, depletion, and amortization 143,388 107,884 276,247 203,700
Asset retirement obligation 2,053 960 3,113 2,580
Production 79,215 62,578 150,486 124,999
Transportation, processing, and other operating 51,933 58,624 97,098 113,647
Gas gathering and other 9,467 8,647 19,290 17,074
Taxes other than income 27,930 17,477 58,118 38,790
General and administrative 19,739 19,762 43,060 37,796
Stock compensation 3,095 6,293 9,825 12,581
Loss (gain) on derivative instruments, net 21,699 (22,509) 17,540 (66,370)
Other operating expense, net 5,252 266 5,455 882
Total costs and expenses 363,771 259,982 680,232 485,679
Operating income 192,503 196,470 443,176 417,949
Other (income) and expense:        
Interest expense 16,895 20,095 33,678 41,147
Capitalized interest (4,850) (5,442) (9,660) (12,083)
Loss on early extinguishment of debt 0 28,169 0 28,169
Other, net (2,605) (2,231) (7,172) (4,441)
Income before income tax 183,063 155,879 426,330 365,157
Income tax expense 42,066 58,617 99,015 136,923
Net income $ 140,997 $ 97,262 $ 327,315 $ 228,234
Earnings per share to common stockholders:        
Basic (USD per share) $ 1.48 $ 1.02 $ 3.44 $ 2.40
Diluted (USD per share) 1.48 1.02 3.44 2.40
Dividends declared (USD per share) $ 0.16 $ 0.08 $ 0.32 $ 0.16
Comprehensive income:        
Net income $ 140,997 $ 97,262 $ 327,315 $ 228,234
Other comprehensive income:        
Change in fair value of investments, net of tax of $57, $128, $1, and $359, respectively 192 224 2 626
Total comprehensive income 141,189 97,486 327,317 228,860
Oil sales        
Revenues:        
Revenues 342,184 232,453 693,907 456,519
Gas and NGL sales        
Revenues:        
Revenues 202,202 213,360 405,920 425,731
Gas gathering and other        
Revenues:        
Revenues 11,810 10,735 23,262 21,360
Gas marketing        
Revenues:        
Revenues $ 78 $ (96) $ 319 $ 18