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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Oil sales $ 224,066,000 $ 117,573,000
Gas sales 131,945,000 82,608,000
NGL sales 80,426,000 33,352,000
Gas gathering and other 10,625,000 7,241,000
Gas marketing, net of related costs of $39,853 and $25,312 respectively 114,000 (174,000)
Total revenues 447,176,000 240,600,000
Costs and expenses:    
Impairment of oil and gas properties 0 318,786,000
Depreciation, depletion and amortization 95,816,000 110,636,000
Asset retirement obligation 1,620,000 2,298,000
Production 62,421,000 70,702,000
Transportation, processing and other operating 55,023,000 46,443,000
Gas gathering and other 8,427,000 8,080,000
Taxes other than income 21,313,000 13,839,000
General and administrative 18,034,000 13,897,000
Stock compensation 6,288,000 5,528,000
(Gain) loss on derivative instruments, net (43,861,000) (428,000)
Other operating, net 616,000 90,000
Total costs and expenses 225,697,000 589,871,000
Operating income (loss) 221,479,000 (349,271,000)
Other (income) and expense:    
Interest expense 21,052,000 20,805,000
Capitalized interest (6,641,000) (4,904,000)
Other, net (2,210,000) (1,650,000)
Income (loss) before income tax 209,278,000 (363,522,000)
Income tax expense (benefit) 78,306,000 (132,063,000)
Net income (loss) $ 130,972,000 $ (231,459,000)
Earnings (loss) per share to common stockholders:    
Basic (in dollars per share) $ 1.38 $ (2.49)
Diluted (in dollars per share) 1.38 (2.49)
Dividends declared (in dollars per share) $ 0.08 $ 0.08
Comprehensive income (loss):    
Net income (loss) $ 130,972,000 $ (231,459,000)
Other comprehensive income:    
Change in fair value of investments, net of tax of $231 and $49, respectively 402,000 85,000
Total comprehensive income (loss) $ 131,374,000 $ (231,374,000)