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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues and other income:        
Natural gas, NGLs and oil sales $ 337,040 $ 304,230 $ 953,006 $ 841,546
Derivative fair value (loss) income (40,728) 65,761 47,008 77,966
Gain (loss) on the sale of assets 949 203 (12,704) (1,280)
Other (2,368) 442 (3,084) 357
Total revenues and other income 294,893 370,636 984,226 918,589
Costs and expenses:        
Direct operating 29,628 29,828 85,691 87,054
Transportation, gathering and compression 51,600 32,431 137,164 86,179
Production and ad valorem taxes 8,819 7,317 57,239 21,746
Exploration 14,752 17,606 51,785 56,385
Abandonment and impairment of unproved properties 40,118 16,627 104,048 52,064
General and administrative 44,497 35,907 127,231 108,986
Deferred compensation plan 20,052 8,717 21,555 33,569
Interest expense 43,997 34,181 124,090 90,343
Loss on early extinguishment of debt   (4)   18,576
Depletion, depreciation and amortization 123,059 93,619 332,012 244,129
Impairment of proved properties and other assets 1,281 38,681 1,281 38,681
Total costs and expenses 377,803 314,910 1,042,096 837,712
(Loss) income from continuing operations before income taxes (82,910) 55,726 (57,870) 80,877
Income tax (benefit) expense        
Current   (7)   1
Deferred (29,074) 22,547 (17,910) 35,345
Total income tax expense (29,074) 22,540 (17,910) 35,346
(Loss) income from continuing operations (53,836) 33,186 (39,960) 45,531
Discontinued operations, net of taxes   1,569   15,484
Net (loss) income $ (53,836) $ 34,755 $ (39,960) $ 61,015
(Loss) income per common share:        
Basic-(loss) income from continuing operations $ (0.34) $ 0.21 $ (0.25) $ 0.28
-discontinued operations   $ 0.01   $ 0.10
-net (loss) income $ (0.34) $ 0.22 $ (0.25) $ 0.38
Diluted-(loss) income from continuing operations $ (0.34) $ 0.20 $ (0.25) $ 0.28
-discontinued operations   $ 0.01   $ 0.10
-net (loss) income $ (0.34) $ 0.21 $ (0.25) $ 0.38
Dividends per common share $ 0.04 $ 0.04 $ 0.12 $ 0.12
Weighted average common shares outstanding:        
Basic 159,563 158,154 159,297 157,901
Diluted 159,563 159,322 159,297 158,939