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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Operating Revenues:        
Gas sales $ 394.0 $ 340.0 $ 1,368.0 $ 906.0
Oil sales 27.0 19.0 73.0 50.0
NGL sales 55.0 22.0 132.0 59.0
Marketing 233.0 237.0 736.0 631.0
Gas gathering 28.0 33.0 85.0 106.0
Total Operating Revenues 737.0 651.0 2,394.0 1,752.0
Operating Costs and Expenses:        
Marketing purchases 236.0 234.0 740.0 627.0
Operating expenses 170.0 139.0 481.0 455.0
General and administrative expenses 62.0 61.0 170.0 171.0
Restructuring charges   2.0   77.0
Depreciation, depletion and amortization 135.0 99.0 364.0 349.0
Impairment of natural gas and oil properties   817.0   2,321.0
Taxes, other than income taxes 24.0 24.0 75.0 69.0
Total Operating Costs and Expenses 627.0 1,376.0 1,830.0 4,069.0
Operating Income (Loss) 110.0 (725.0) 564.0 (2,317.0)
Interest Expense:        
Interest on debt 58.0 59.0 175.0 168.0
Other interest charges 2.0 8.0 7.0 12.0
Interest capitalized (29.0) (41.0) (85.0) (123.0)
Total Interest Expense 31.0 26.0 97.0 57.0
Gain (Loss) on Derivatives 45.0 71.0 295.0 (28.0)
Loss on Early Extinguishment of Debt (59.0) (51.0) (70.0) (51.0)
Other Income (Loss), Net (2.0) 3.0 6.0  
Income (Loss) Before Income Taxes 63.0 (728.0) 698.0 (2,453.0)
Benefit for Income Taxes:        
Current (10.0)   (10.0)  
Deferred (4.0) (20.0) (4.0) (20.0)
Benefit for Income Taxes (14.0) (20.0) (14.0) (20.0)
Net Income (Loss) 77.0 (708.0) 712.0 (2,433.0)
Mandatory convertible preferred stock dividend 27.0 27.0 81.0 81.0
Participating securities - mandatory convertible preferred stock 7.0   83.0  
Net Income (Loss) Attributable to Common Stock $ 43.0 $ (735.0) $ 548.0 $ (2,514.0)
Earnings (Loss) Per Common Share:        
Basic $ 0.09 $ (1.52) $ 1.11 $ (6.02)
Diluted $ 0.09 $ (1.52) $ 1.10 $ (6.02)
Weighted Average Common Shares Outstanding:        
Basic 499,812,926 482,485,150 496,458,435 417,222,661
Diluted 502,290,779 482,485,150 498,527,671 417,222,661