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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues        
Sales and other operating revenues $ 509,613 $ 411,217 $ 1,054,271 $ 840,311
Gain (loss) on sale of assets (1,334) 3,809 130,648 3,831
Interest and other income (loss) (33,782) 22,436 (45,803) 23,615
Total revenues 474,497 437,462 1,139,116 867,757
Costs and expenses        
Lease operating expenses 111,179 156,530 233,321 315,633
Severance and ad valorem taxes 10,742 13,439 21,955 26,076
Exploration expenses 20,201 37,128 48,864 64,044
Selling and general expenses 57,332 67,113 111,587 140,620
Depreciation, depletion and amortization 234,992 255,239 471,146 541,388
Accretion of asset retirement obligations 10,428 12,346 20,984 24,471
Impairment of assets       95,088
Interest expense 46,261 35,058 91,951 67,119
Interest capitalized (1,116) (608) (2,209) (2,449)
Other expense (benefit) 6,377 (7,516) 8,534 (7,932)
Total costs and expenses 496,396 568,729 1,006,133 1,264,058
Income (loss) from continuing operations before income taxes (21,899) (131,267) 132,983 (396,301)
Income tax expense (benefit) (4,545) (134,172) 92,842 (199,721)
Income (loss) from continuing operations (17,354) 2,905 40,141 (196,580)
Income (loss) from discontinued operations, net of income taxes (217) 25 752 708
NET INCOME (LOSS) $ (17,571) $ 2,930 $ 40,893 $ (195,872)
INCOME (LOSS) PER COMMON SHARE - BASIC        
Continuing operations $ (0.10) $ 0.02 $ 0.23 $ (1.14)
Discontinued operations     0.01  
Net income (loss) (0.10) 0.02 0.24 (1.14)
INCOME (LOSS) PER COMMON SHARE - DILUTED        
Continuing operations (0.10) 0.02 0.23 (1.14)
Discontinued operations     0.01  
Net income (loss) (0.10) 0.02 0.24 (1.14)
Cash dividends per Common share $ 0.25 $ 0.35 $ 0.50 $ 0.70
Average Common shares outstanding        
Basic 172,557,978 172,196,914 172,482,223 172,149,791
Diluted 172,557,978 172,799,827 173,016,664 172,149,791