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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues and other income:      
Oil and gas revenue $ 446,696 $ 855,877 $ 851,212
Gain on sale of assets 24,651 23,769  
Other income 209 3,092 941
Total revenues and other income 471,556 882,738 852,153
Costs and expenses:      
Oil and gas production 105,336 100,122 96,791
Exploration expenses 156,203 93,519 230,314
General and administrative 136,809 135,231 158,421
Depletion and depreciation 155,966 198,080 222,544
Interest and other financing costs, net 37,209 45,548 47,590
Derivatives, net (210,649) (281,853) 17,027
Restructuring charges   11,742  
Other expenses, net 5,246 2,081 3,512
Total costs and expenses 386,120 304,470 776,199
Income before income taxes 85,436 578,268 75,954
Income tax expense 155,272 298,898 166,998
Net income (loss) $ (69,836) $ 279,370 $ (91,044)
Net income (loss) per share:      
Basic (in dollars per share) $ (0.18) $ 0.73 $ (0.24)
Diluted (in dollars per share) $ (0.18) $ 0.72 $ (0.24)
Weighted average number of shares used to compute net income (loss) per share:      
Basic (in shares) 382,610 379,195 376,819
Diluted (in shares) 382,610 386,119 376,819