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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues and other income:        
Total Revenues from Contracts with Customers $ 954,859,000 $ 424,035,000 $ 2,323,175,000 $ 1,267,629,000
Derivative fair value (loss) income (652,220,000) (124,690,000) (959,782,000) 102,182,000
Total revenues and other income 302,639,000 299,345,000 1,363,393,000 1,369,811,000
Costs and expenses:        
Production and ad valorem taxes 7,140,000 6,106,000 20,179,000 20,682,000
Brokered natural gas and marketing 105,838,000 47,967,000 247,177,000 118,752,000
Exploration 5,881,000 8,086,000 16,447,000 23,190,000
Abandonment and impairment of unproved properties 2,000,000 5,667,000 7,206,000 16,604,000
General and administrative 49,061,000 38,153,000 127,307,000 118,695,000
Exit and termination costs 11,789,000 521,633,000 9,557,000 533,525,000
Deferred compensation plan 34,278,000 6,237,000 89,551,000 10,287,000
Interest 56,809,000 47,999,000 170,974,000 144,141,000
Loss (gain) on early extinguishment of debt   7,821,000 98,000 (14,093,000)
Depletion, depreciation and amortization 93,116,000 96,167,000 272,128,000 303,779,000
Impairment of proved properties and other assets 0 1,955,000 0 78,955,000
(Gain) loss on the sale of assets (78,000) (9,230,000) (724,000) (112,443,000)
Total costs and expenses 682,589,000 1,084,644,000 1,871,237,000 2,149,766,000
Loss before income taxes (379,950,000) (785,299,000) (507,844,000) (779,955,000)
Income tax expense (benefit):        
Current 4,484,000 0 7,221,000 (366,000)
Deferred (34,167,000) (36,509,000) (35,477,000) (29,411,000)
Total (benefit) expense for income taxes (29,683,000) (36,509,000) (28,256,000) (29,777,000)
Net loss $ (350,267,000) $ (748,790,000) $ (479,588,000) $ (750,178,000)
Net loss per common share:        
Basic $ (1.44) $ (3.12) $ (1.98) $ (3.10)
Diluted $ (1.44) $ (3.12) $ (1.98) $ (3.10)
Weighted average common shares outstanding:        
Basic 243,311 239,895 242,692 241,770
Diluted 243,311 239,895 242,692 241,770
Natural Gas, NGLs and Oil Sales        
Revenues and other income:        
Total Revenues from Contracts with Customers $ 849,305,000 $ 381,553,000 $ 2,074,507,000 $ 1,162,907,000
Brokered Natural Gas, Marketing and Other        
Revenues and other income:        
Total Revenues from Contracts with Customers 105,554,000 42,482,000 248,668,000 104,722,000
Direct Operating        
Costs and expenses:        
Costs and expenses 20,245,000 19,515,000 57,653,000 75,944,000
Transportation, Gathering, Processing and Compression        
Costs and expenses:        
Costs and expenses $ 296,510,000 $ 268,108,000 $ 853,684,000 $ 831,748,000