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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating Revenues:    
Total operating revenues $ 79,566 $ 101,980
Operating Expenses:    
Production tax expense (2,508) 3,893
Exploration expense 31 25
Impairment and abandonment expense 1,265,426 322
(Gain) loss on sale of properties 0 (5)
Depreciation, depletion and amortization 74,925 72,610
Unused commitments 4,458 4,469
General and administrative expense 10,215 12,660
Merger transaction expense 0 2,414
Other operating expenses, net 55 (24)
Total operating expenses 1,368,095 109,364
Operating Income (Loss) (1,288,529) (7,384)
Other Income and Expense:    
Interest and other income (expense) (195) 314
Interest expense (14,383) (13,679)
Commodity derivative gain (loss) 192,188 (105,191)
Total other income and expense 177,610 (118,556)
Income (Loss) before Income Taxes (1,110,919) (125,940)
(Provision for) Benefit from Income Taxes 95,280 29,711
Net Income (Loss) $ (1,015,639) $ (96,229)
Net Income (Loss) Per Common Share, Basic (in dollars per share) $ (4.81) $ (0.46)
Net Income (Loss) Per Common Share, Diluted (in dollars per share) $ (4.81) $ (0.46)
Weighted Average Common Shares Outstanding, Basic (in shares) 211,111,830 209,931,744
Weighted Average Common Shares Outstanding, Diluted (in shares) 211,111,830 209,931,744
Oil, gas and NGL production    
Operating Revenues:    
Production and other revenues $ 79,566 $ 101,705
Other operating revenues, net    
Operating Revenues:    
Production and other revenues 0 275
Lease operating expense    
Operating Expenses:    
Cost of goods and services 11,081 11,277
Gathering, transportation and processing expense    
Operating Expenses:    
Cost of goods and services $ 4,412 $ 1,723