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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues and other income:    
Revenues and other income $ 683,911 $ 460,745
Derivative fair value (loss) income (57,879) 233,175
Total revenues and other income 626,032 693,920
Costs and expenses:    
Production and ad valorem taxes 4,625 9,019
Brokered natural gas and marketing 72,335 32,624
Exploration 5,538 7,077
Abandonment and impairment of unproved properties 3,029 5,413
General and administrative 38,004 42,254
Exit and termination costs 13,714 1,595
Deferred compensation plan 19,811 (8,537)
Interest 56,878 47,518
Loss (gain) on early extinguishment of debt 35 (12,923)
Depletion, depreciation and amortization 88,383 102,986
Impairment of proved properties 0 77,000
Loss (gain) on the sale of assets 1,860 (122,099)
Total costs and expenses 596,192 498,727
Income before income taxes 29,840 195,193
Income tax expense (benefit):    
Current 168 (363)
Deferred 2,521 29,361
Total (benefit) expense for income taxes 2,689 28,998
Net income $ 27,151 $ 166,195
Net income per common share:    
Basic $ 0.11 $ 0.67
Diluted $ 0.11 $ 0.66
Weighted average common shares outstanding:    
Basic 242,159 246,218
Diluted 247,527 247,684
Natural Gas, NGLs and Oil Sales    
Revenues and other income:    
Revenues and other income $ 603,347 $ 432,096
Brokered Natural Gas, Marketing and Other    
Revenues and other income:    
Revenues and other income 80,564 28,649
Direct Operating    
Costs and expenses:    
Costs and expenses 17,650 32,035
Transportation, Gathering, Processing and Compression    
Costs and expenses:    
Costs and expenses $ 274,330 $ 284,765