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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues and other income:        
Total Revenues from Contracts with Customers $ 513,235 $ 513,243 $ 1,112,006 $ 1,331,636
Derivative fair value income 16,808 123,734 63,406 491,701
Total revenues and other income 530,043 636,977 1,175,412 1,823,337
Costs and expenses:        
Taxes other than income 4,974 6,993 10,342 14,887
Brokered natural gas and marketing 34,096 44,800 65,699 111,868
Exploration 6,651 7,448 11,177 12,052
Abandonment and impairment of unproved properties 1,524 25,786 3,895 33,296
General and administrative 40,141 39,526 84,082 82,672
Exit costs 10,094 48,654 20,409 60,977
Deferred compensation plan 1,240 11,153 7,645 20,549
Interest 29,713 31,117 60,189 63,319
Gain on early extinguishment of debt (179) (439) (243) (439)
Depletion, depreciation and amortization 87,598 85,016 174,735 171,578
Gain on the sale of assets (66) (106) (153) (244)
Total costs and expenses 520,033 592,034 1,055,060 1,175,068
Income before income taxes 10,010 44,943 120,352 648,269
Income tax (benefit) expense:        
Current 2,399 (300) 3,981 2,399
Deferred (21,093) 15,012 (4,471) 134,192
Income tax expense (benefit) (18,694) 14,712 (490) 136,591
Net income $ 28,704 $ 30,231 $ 120,842 $ 511,678
Net income per common share:        
Basic $ 0.12 $ 0.12 $ 0.5 $ 2.1
Diluted 0.12 0.12 0.49 2.07
Dividends declared per share $ 0.08 $ 0.08 $ 0.16 $ 0.16
Weighted average common shares outstanding:        
Basic 241,125 238,970 240,815 238,497
Diluted 242,983 241,105 242,766 241,069
Natural Gas, NGLs and Oil Sales        
Revenues and other income:        
Total Revenues from Contracts with Customers $ 478,450 $ 468,382 $ 1,045,451 $ 1,204,664
Brokered Natural Gas, Marketing and Other        
Revenues and other income:        
Total Revenues from Contracts with Customers 34,785 44,861 66,555 126,972
Direct Operating        
Costs and expenses:        
Costs and expenses 22,752 23,896 44,913 50,880
Transportation, Gathering, Processing and Compression        
Costs and expenses:        
Costs and expenses $ 281,495 $ 268,190 $ 572,370 $ 553,673