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Segment Information
3 Months Ended
Mar. 31, 2014
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION
 
The Company is principally engaged in two business segments: the development, exploration and production of oil and gas in the continental United States (oil and gas operations) and the purchase, distribution and sale of natural gas in central and north Alabama (natural gas distribution).

 
Three months ended
 
March 31,
(in thousands)
2014
2013
Operating revenues from continuing operations
 
 
Oil and gas operations
$
297,278

$
236,331

Natural gas distribution
263,900

237,685

Total
$
561,178

$
474,016

Operating income (loss) from continuing operations
 
 
Oil and gas operations
$
33,548

$
23,181

Natural gas distribution
72,351

79,293

Eliminations and corporate expenses
(1,300
)
(284
)
Total
$
104,599

$
102,190

Other income (expense) from continuing operations
 
 
Oil and gas operations
$
(13,819
)
$
(12,031
)
Natural gas distribution
(2,839
)
(3,130
)
Eliminations and other
348

74

Total
$
(16,310
)
$
(15,087
)
Income from continuing operations before income taxes
$
88,289

$
87,103


(in thousands)
March 31, 2014
December 31, 2013
Identifiable assets
 
 
Oil and gas operations
$
5,521,883

$
5,379,135

Natural gas distribution
1,209,375

1,193,413

Eliminations and other
49,132

49,664

Total
$
6,780,390

$
6,622,212