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Consolidated Statements of Income and Comprehensive Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Gas sales $ 172,503 $ 126,547 $ 342,600 $ 227,668
Oil sales 354,882 304,466 679,953 561,998
NGL sales 95,470 52,309 185,427 109,184
Gas gathering and other 14,284 10,844 26,748 21,571
Gas marketing, net (470) (409) 1,157 (308)
Total revenues 636,669 493,757 1,235,885 920,113
Costs and expenses:        
Depreciation, depletion and amortization 194,989 147,231 368,920 283,669
Asset retirement obligation 3,650 2,884 6,868 5,283
Production 86,085 69,433 161,226 138,819
Transportation, processing and other operating 46,478 22,022 90,726 40,656
Gas gathering and other 10,041 5,184 18,825 11,340
Taxes other than income 32,323 27,807 65,944 52,935
General and administrative 16,571 22,836 37,283 38,413
Stock compensation 3,548 3,507 7,272 7,112
(Gain) loss on derivative instruments, net 2,454 (13,660) 18,189 (12,057)
Other operating, net 112 2,365 215 5,297
Total costs and expenses 396,251 289,609 775,468 571,467
Operating income 240,418 204,148 460,417 348,646
Other (income) and expense:        
Interest expense 16,724 14,112 30,766 27,318
Capitalized interest (8,575) (7,387) (15,865) (16,582)
Other, net (4,129) (8,758) (11,084) (11,374)
Income before income tax 236,398 206,181 456,600 349,284
Income tax expense 87,758 76,616 169,503 129,792
Net income 148,640 129,565 287,097 219,492
Basic        
Distributed (in dollars per share) $ 0.16 $ 0.14 $ 0.32 $ 0.28
Undistributed (in dollars per share) $ 1.55 $ 1.36 $ 2.98 $ 2.26
Total basic (in dollars per share) $ 1.71 $ 1.50 $ 3.30 $ 2.54
Diluted        
Distributed (in dollars per share) $ 0.16 $ 0.14 $ 0.32 $ 0.28
Undistributed (in dollars per share) $ 1.54 $ 1.35 $ 2.97 $ 2.25
Total diluted (in dollars per share) $ 1.70 $ 1.49 $ 3.29 $ 2.53
Comprehensive income:        
Net income 148,640 129,565 287,097 219,492
Other comprehensive income:        
Change in fair value of investments, net of tax (56) 19 (16) 99
Total comprehensive income $ 148,584 $ 129,584 $ 287,081 $ 219,591