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Unaudited Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Crude oil and natural gas sales $ 1,137,528 $ 626,548 $ 2,251,380 $ 1,260,398
Gain (loss) on natural gas derivatives, net (12,685) 28,022 (2,511) 74,880
Crude oil and natural gas service operations 12,270 6,916 29,272 11,636
Total revenues 1,137,113 661,486 2,278,141 1,346,914
Operating costs and expenses:        
Production expenses 90,171 82,474 183,133 155,328
Production taxes 83,595 41,965 164,175 83,198
Transportation expenses 47,254 0 96,551 0
Exploration expenses 303 3,204 2,023 8,202
Crude oil and natural gas service operations 7,688 4,478 12,271 7,315
Depreciation, depletion, amortization and accretion 447,200 395,770 901,578 777,926
Property impairments 29,162 123,316 62,946 174,689
General and administrative expenses 47,174 39,186 90,217 86,407
Net (gain) loss on sale of assets and other (6,710) 134 (6,751) 5,669
Total operating costs and expenses 745,837 690,527 1,506,143 1,298,734
Income (loss) from operations 391,276 (29,041) 771,998 48,180
Other income (expense):        
Interest expense (74,288) (72,744) (150,182) (143,916)
Other 708 373 1,362 815
Total other income (expense) (73,580) (72,371) (148,820) (143,101)
Income (loss) before income taxes 317,696 (101,412) 623,178 (94,921)
(Provision) benefit for income taxes (75,232) 37,855 (146,768) 31,833
Net income (loss) 242,464 (63,557) 476,410 (63,088)
Foreign currency translation adjustments 16 189 18 327
Total other comprehensive income, net of tax 16 189 18 327
Comprehensive income (loss) $ 242,480 $ (63,368) $ 476,428 $ (62,761)
Basic net income per share (in dollars per share) $ 0.65 $ (0.17) $ 1.28 $ (0.17)
Diluted net income per share (in dollars per share) $ 0.65 $ (0.17) $ 1.27 $ (0.17)