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Unaudited Condensed Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues        
Crude oil and natural gas sales $ 1,138,460 $ 981,170 $ 3,223,605 $ 2,595,416
Crude oil and natural gas sales to affiliates 21,821 28,666 77,094 74,843
Gain (loss) on derivative instruments, net 473,999 (203,774) 171,801 (89,548)
Crude oil and natural gas service operations 11,048 8,825 31,418 29,876
Total revenues 1,645,328 814,887 3,503,918 2,610,587
Operating costs and expenses        
Production expenses 95,700 66,790 255,911 201,250
Production and other expenses to affiliates 1,674 260 2,870 1,055
Production taxes and other expenses 97,399 84,334 272,726 223,718
Exploration expenses 13,514 8,173 29,532 29,138
Crude oil and natural gas service operations 4,337 6,654 18,390 22,567
Depreciation, depletion, amortization and accretion 363,677 244,721 963,409 695,189
Property impairments 85,561 42,167 223,085 161,960
General and administrative expenses 43,980 34,070 134,435 103,761
(Gain) loss on sale of assets, net (5,411) (325) 952 (112)
Total operating costs and expenses 700,431 486,844 1,901,310 1,438,526
Income from operations 944,897 328,043 1,602,608 1,172,061
Other income (expense):        
Interest expense (73,912) (62,756) (209,728) (171,609)
Loss on Extinguishment of Debt (24,517) 0 (24,517) 0
Other 393 584 1,945 1,765
Total other income (expense) (98,036) (62,172) (232,300) (169,844)
Income before income taxes 846,861 265,871 1,370,308 1,002,217
Provision for income taxes 313,340 98,373 507,015 370,822
Net income $ 533,521 $ 167,498 $ 863,293 $ 631,395
Basic net income per share (in dollars per share) $ 1.45 $ 0.45 $ 2.34 $ 1.72
Diluted net income per share (in dollars per share) $ 1.44 $ 0.45 $ 2.33 $ 1.71