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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues and other income:    
Revenues and other income $ 809,868,000 $ 756,608,000
Derivative fair value loss (61,731,000) (14,009,000)
Total revenues and other income 748,137,000 742,599,000
Costs and expenses:    
Production and ad valorem taxes 11,310,000 9,926,000
Brokered natural gas and marketing 132,305,000 55,594,000
Exploration 8,211,000 7,719,000
Abandonment and impairment of unproved properties 12,659,000 11,773,000
General and administrative 46,638,000 68,417,000
Termination costs 0 (37,000)
Deferred compensation plan 3,581,000 (7,397,000)
Interest 51,537,000 52,385,000
Depletion, depreciation and amortization 138,718,000 162,266,000
Impairment of proved properties 0 7,312,000
Loss (gain) on the sale of assets 189,000 (23,000)
Total costs and expenses 741,030,000 650,685,000
Income before income taxes 7,107,000 91,914,000
Income tax expense:    
Current 0 0
Deferred 5,688,000 42,676,000
Total (benefit) expense for income taxes 5,688,000 42,676,000
Net income $ 1,419,000 $ 49,238,000
Net income per common share:    
Basic $ 0.01 $ 0.20
Diluted 0.01 0.20
Dividends paid per common share $ 0.02 $ 0.02
Weighted average common shares outstanding:    
Basic 247,776 245,709
Diluted 249,154 246,594
Natural Gas, NGLs and Oil Sales    
Revenues and other income:    
Revenues and other income $ 671,654,000 $ 696,629,000
Brokered Natural Gas, Marketing and Other    
Revenues and other income:    
Revenues and other income 138,214,000 59,979,000
Direct Operating    
Costs and expenses:    
Costs and expenses 33,227,000 38,122,000
Transportation, Gathering, Processing and Compression    
Costs and expenses:    
Costs and expenses $ 302,655,000 $ 244,628,000