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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues        
Sales and other operating revenues $ 498,202 $ 486,276 $ 1,552,473 $ 1,326,587
Gain (loss) on sale of assets 117 (730) 130,765 3,101
Total revenues 498,319 485,546 1,683,238 1,329,688
Costs and expenses        
Lease operating expenses 112,751 119,663 346,072 435,296
Severance and ad valorem taxes 10,816 9,592 32,771 35,668
Exploration expenses 28,492 19,866 77,356 83,910
Selling and general expenses 56,672 55,523 168,259 196,143
Depreciation, depletion and amortization 243,636 255,900 714,782 797,288
Accretion of asset retirement obligations 10,654 11,043 31,638 35,514
Impairment of assets       95,088
Other expense (benefit) 2,454 6,486 10,988 (1,446)
Total costs and expenses 465,475 478,073 1,381,866 1,677,461
Operating income (loss) from continuing operations 32,844 7,473 301,372 (347,773)
Other income (loss)        
Interest and other income (loss) (47,721) 14,987 (93,524) 38,602
Interest expense, net (48,681) (39,219) (138,423) (103,889)
Total other loss (96,402) (24,232) (231,947) (65,287)
Income (loss) from continuing operations before income taxes (63,558) (16,759) 69,425 (413,060)
Income tax expense (benefit) 2,760 (2,176) 95,602 (201,897)
Loss from continuing operations (66,318) (14,583) (26,177) (211,163)
Income (loss) from discontinued operations, net of income taxes 425 (1,593) 1,177 (885)
NET LOSS $ (65,893) $ (16,176) $ (25,000) $ (212,048)
INCOME (LOSS) PER COMMON SHARE - BASIC        
Continuing operations $ (0.38) $ (0.08) $ (0.15) $ (1.23)
Discontinued operations   (0.01) 0.01 (0.01)
Net loss (0.38) (0.09) (0.14) (1.24)
INCOME (LOSS) PER COMMON SHARE - DILUTED        
Continuing operations (0.38) (0.08) (0.15) (1.23)
Discontinued operations   (0.01) 0.01 (0.01)
Net loss (0.38) (0.09) (0.14) (1.24)
Cash dividends per Common share $ 0.25 $ 0.25 $ 0.75 $ 0.95
Average Common shares outstanding        
Basic 172,572,873 172,199,350 172,509,418 172,164,683
Diluted 172,572,873 172,199,350 172,509,418 172,164,683