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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues and other income:        
Natural gas, NGLs and oil sales $ 437,678 $ 298,349 $ 835,917 $ 615,966
Derivative fair value income 137,760 148,569 37,885 87,736
Gain (loss) on the sale of assets 83,287 (3,227) 83,121 (13,653)
Brokered natural gas, marketing and other 14,631 5,240 35,672 9,837
Total revenues and other income 673,356 448,931 992,595 699,886
Costs and expenses:        
Direct operating 32,636 27,041 62,824 56,063
Transportation, gathering and compression 66,048 44,744 128,464 85,564
Production and ad valorem taxes 11,113 11,786 22,496 48,420
Brokered natural gas and marketing 16,662 6,491 38,977 10,553
Exploration 13,068 15,517 29,848 37,033
Abandonment and impairment of unproved properties 19,156 43,641 34,374 63,930
General and administrative 101,987 44,005 186,045 82,734
Deferred compensation plan (6,878) 9,333 35,482 1,503
Interest expense 45,071 42,888 87,281 80,093
Loss on early extinguishment of debt 12,280   12,280  
Depletion, depreciation and amortization 120,736 108,802 235,837 208,953
Total costs and expenses 431,879 354,248 873,908 674,846
Income from operations before income taxes 241,477 94,683 118,687 25,040
Income tax expense (benefit)        
Current (25)      
Deferred 97,519 39,007 50,314 11,164
Total income tax expense 97,494 39,007 50,314 11,164
Net income $ 143,983 $ 55,676 $ 68,373 $ 13,876
Net income per common share:        
Basic $ 0.88 $ 0.34 $ 0.42 $ 0.09
Diluted $ 0.88 $ 0.34 $ 0.42 $ 0.09
Dividends per common share $ 0.04 $ 0.04 $ 0.08 $ 0.08
Weighted average common shares outstanding:        
Basic 160,565 159,412 160,346 159,162
Diluted 161,414 160,030 161,223 159,949