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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues and other:        
Revenues and other $ 75,720,000 $ 142,790,000 $ 203,756,000 $ 284,568,000
(Losses) gains on derivatives     156,002,000 (45,297,000)
Total revenues and other 33,453,000 170,066,000 372,718,000 246,605,000
Expenses and other:        
Transportation expenses 1,789,000 1,694,000 3,611,000 3,867,000
Marketing expenses 280,000 421,000 710,000 1,272,000
General and administrative expenses 18,777,000 16,158,000 38,114,000 30,498,000
Depreciation, depletion, and amortization 37,512,000 23,654,000 72,841,000 48,240,000
Impairment of oil and gas properties 0 0 289,085,000 0
Taxes, other than income taxes 10,449,000 11,348,000 14,801,000 19,434,000
Losses (gains) on derivatives     (156,002,000) 45,297,000
Other operating (income) expenses (1,192,000) 3,119,000 1,010,000 4,364,000
Total expenses and other 112,295,000 116,886,000 531,585,000 231,740,000
Other (expenses) income:        
Interest expense (8,676,000) (8,961,000) (17,596,000) (17,766,000)
Other, net (6,000) 0 (12,000) 155,000
Total other (expenses) income (8,682,000) (8,961,000) (17,608,000) (17,611,000)
Reorganization items, net 0 (26,000) 0 (257,000)
(Loss) income before income taxes (87,524,000) 44,193,000 (176,475,000) (3,003,000)
Income tax (benefit) expense (22,623,000) 12,221,000 3,726,000 (877,000)
Net (loss) income $ (64,901,000) $ 31,972,000 $ (180,201,000) $ (2,126,000)
Net (loss) income per share:        
Basic (in dollars per share) $ (0.81) $ 0.39 $ (2.26) $ (0.03)
Diluted (in dollars per share) $ (0.81) $ 0.39 $ (2.26) $ (0.03)
Oil, natural gas and natural gas liquids sales        
Revenues and other:        
Revenues and other $ 70,515,000 $ 136,908,000 $ 192,613,000 $ 268,010,000
Expenses and other:        
Cost of goods sold 40,733,000 47,879,000 91,485,000 105,807,000
Electricity sales        
Revenues and other:        
Revenues and other 4,884,000 5,364,000 10,345,000 15,093,000
Expenses and other:        
Cost of goods sold 3,022,000 3,164,000 6,968,000 10,924,000
(Losses) gains on oil derivatives        
Revenues and other:        
(Losses) gains on derivatives (42,267,000) 27,276,000 168,962,000 (37,963,000)
Expenses and other:        
Losses (gains) on derivatives 42,267,000 (27,276,000) (168,962,000) 37,963,000
Marketing revenues        
Revenues and other:        
Revenues and other 292,000 414,000 745,000 1,244,000
Other revenues        
Revenues and other:        
Revenues and other 29,000 104,000 53,000 221,000
Natural gas sales        
Revenues and other:        
Revenues and other 2,834,000 4,086,000 6,202,000 10,800,000
(Losses) gains on derivatives (925,000) (9,449,000) (12,960,000) (7,334,000)
Expenses and other:        
Losses (gains) on derivatives $ 925,000 $ 9,449,000 $ 12,960,000 $ 7,334,000