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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues and other income:    
Natural gas, NGLs and oil sales $ 696,629,000 $ 559,450,000
Derivative fair value (loss) income (14,009,000) 165,557,000
Brokered natural gas, marketing and other 59,979,000 51,648,000
Total revenues and other income 742,599,000 776,655,000
Costs and expenses:    
Direct operating 38,122,000 28,023,000
Transportation, gathering, processing and compression 244,628,000 177,648,000
Production and ad valorem taxes 9,926,000 9,163,000
Brokered natural gas and marketing 55,594,000 53,550,000
Exploration 7,719,000 8,504,000
Abandonment and impairment of unproved properties 11,773,000 4,420,000
General and administrative 68,417,000 47,496,000
Termination costs (37,000) 4,192,000
Deferred compensation plan (7,397,000) (13,169,000)
Interest 52,385,000 47,101,000
Depletion, depreciation and amortization 162,266,000 149,821,000
Impairment of proved properties 7,312,000 0
Gain on the sale of assets (23,000) (22,600,000)
Total costs and expenses 650,685,000 494,149,000
Income before income taxes 91,914,000 282,506,000
Income tax expense:    
Current 0 0
Deferred 42,676,000 112,395,000
Total (benefit) expense for income taxes 42,676,000 112,395,000
Net income $ 49,238,000 $ 170,111,000
Net income per common share:    
Basic $ 0.20 $ 0.69
Diluted 0.20 0.69
Dividends paid per common share $ 0.02 $ 0.02
Weighted average common shares outstanding:    
Basic 245,709 244,652
Diluted 246,594 244,803