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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues and other income:        
Total Revenues from Contracts with Customers $ 513,243 $ 1,465,065 $ 1,331,636 $ 2,584,858
Derivative fair value income (loss) 123,734 (239,922) 491,701 (1,178,979)
Total revenues and other income 636,977 1,225,143 1,823,337 1,405,879
Costs and expenses:        
Taxes other than income 6,993 8,053 14,887 15,132
Brokered natural gas and marketing 44,800 110,109 111,868 203,232
Exploration 7,448 7,506 12,052 12,205
Abandonment and impairment of unproved properties 25,786 7,137 33,296 9,133
General and administrative 39,526 42,908 82,672 85,445
Exit costs 48,654 36,069 60,977 47,184
Deferred compensation plan 11,153 (19,221) 20,549 54,122
Interest 31,117 42,001 63,319 89,176
(Gain) loss on early extinguishment of debt (439) 22 (439) 69,232
Depletion, depreciation and amortization 85,016 86,498 171,578 172,102
Gain on the sale of assets (106) (82) (244) (413)
Total costs and expenses 592,034 668,957 1,175,068 1,422,582
Income (loss) before income taxes 44,943 556,186 648,269 (16,703)
Income tax (benefit) expense:        
Current (300) 9,000 2,399 13,751
Deferred 15,012 94,331 134,192 (26,501)
Total (benefit) expense for income taxes 14,712 103,331 136,591 (12,750)
Net income (loss) $ 30,231 $ 452,855 $ 511,678 $ (3,953)
Net income (loss) per common share:        
Basic $ 0.12 $ 1.81 $ 2.10 $ (0.02)
Diluted 0.12 1.77 2.07 (0.02)
Dividends declared per share $ 0.08 $ 0 $ 0.16 $ 0
Weighted average common shares outstanding:        
Basic 238,970 243,492 238,497 244,416
Diluted 241,105 248,650 241,069 244,416
Natural Gas, NGLs and Oil Sales        
Revenues and other income:        
Total Revenues from Contracts with Customers $ 468,382 $ 1,356,892 $ 1,204,664 $ 2,389,243
Brokered Natural Gas, Marketing and Other        
Revenues and other income:        
Total Revenues from Contracts with Customers 44,861 108,173 126,972 195,615
Direct Operating        
Costs and expenses:        
Costs and expenses 23,896 20,050 50,880 40,338
Transportation, Gathering, Processing and Compression        
Costs and expenses:        
Costs and expenses $ 268,190 $ 327,907 $ 553,673 $ 625,694