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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
REVENUES    
Sales and other operating revenues $ 544,658 $ 429,094
Gain on sale of assets 131,982 22
Interest and other income (loss) (12,021) 1,179
Total revenues 664,619 430,295
COSTS AND EXPENSES    
Lease operating expenses 122,142 159,103
Severance and ad valorem taxes 11,213 12,637
Exploration expenses, including undeveloped lease amortization 28,663 26,916
Selling and general expenses 54,255 73,507
Depreciation, depletion and amortization 236,154 286,149
Impairment of assets   95,088
Accretion of asset retirement obligations 10,556 12,125
Interest expense 45,690 32,061
Interest capitalized (1,093) (1,841)
Other expense (benefit) 2,157 (416)
Total costs and expenses 509,737 695,329
Income (loss) from continuing operations before income taxes 154,882 (265,034)
Income tax expense (benefit) 97,387 (65,549)
Income (loss) from continuing operations 57,495 (199,485)
Income from discontinued operations, net of income taxes 969 683
NET INCOME (LOSS) $ 58,464 $ (198,802)
INCOME (LOSS) PER COMMON SHARE - BASIC    
Continuing operations $ 0.33 $ (1.16)
Discontinued operations 0.01  
Net income (loss) 0.34 (1.16)
INCOME (LOSS) PER COMMON SHARE - DILUTED    
Continuing operations 0.33 (1.16)
Discontinued operations 0.01  
Net income (loss) $ 0.34 $ (1.16)
Average Common shares outstanding    
Basic 172,422,449 172,114,012
Diluted 173,088,691 172,114,012