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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)
In Thousands, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues and other    
Oil, natural gas and natural gas liquids sales$ 292,482$ 177,306$ 835,579$ 479,887
Gains on oil and natural gas derivatives824,24043,505660,279263,299
Marketing revenues1,4776354,1593,252
Other revenues1,2849153,5641,363
Total revenues1,119,483222,3611,503,581747,801
Expenses    
Lease operating expenses62,90741,901165,171111,490
Transportation expenses7,8215,15420,15215,030
Marketing expenses8504682,7032,209
General and administrative expenses29,89123,75191,99471,545
Exploration costs5032811,4984,297
Bad debt expenses79(70)74(89)
Depreciation, depletion and amortization88,32862,482234,039169,614
Taxes, other than income taxes20,87512,01156,92032,602
Losses on sale of assets and other, net2796,0731,8705,699
Total expenses211,533152,051574,421412,397
Other income and (expenses)    
Loss on extinguishment of debt00(94,372)0
Interest expense, net of amounts capitalized(65,848)(53,497)(191,673)(127,119)
Losses on interest rate swaps0(11,501)0(67,908)
Other, net(1,613)(1,136)(6,331)(5,428)
Total other income and (expenses)(67,461)(66,134)(292,376)(200,455)
Income before income taxes840,4894,176636,784134,949
Income tax expense(2,862)(33)(8,730)(5,710)
Net income$ 837,627$ 4,143$ 628,054$ 129,239
Net income per unit    
Basic$ 4.74$ 0.03$ 3.63$ 0.91
Diluted$ 4.72$ 0.03$ 3.62$ 0.91
Weighted average units outstanding    
Basic174,956145,956171,076140,598
Diluted175,644146,458171,825141,006
Distributions declared per unit$ 0.69$ 0.63$ 2.01$ 1.89