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Consolidated Statements of Operations (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, natural gas and NGL sales $ 120,526 $ 77,340 $ 371,556 $ 226,985
Sales from natural gas marketing 13,297 16,946 62,649 48,695
Commodity price risk management gain (loss), net 90,213 (24,138) 12,661 (22,075)
Well operations, pipeline income and other 520 1,667 1,650 3,681
Total revenues 224,556 71,815 448,516 257,286
Costs, expenses and other:        
Production costs 22,754 17,036 64,611 45,691
Cost of natural gas marketing 13,347 17,127 62,645 48,928
Exploration expense 190 1,841 773 4,647
Impairment of crude oil and natural gas properties 1,863 4,236 3,621 51,794
General and administrative expense 34,625 15,052 96,549 43,938
Depreciation, depletion and amortization 49,640 26,957 142,165 77,876
Accretion of asset retirement obligations 861 1,181 2,542 3,491
(Gain) loss on sale of properties and equipment 21 (100) 577 (131)
Total cost, expenses and other 123,301 83,330 373,483 276,234
Income (loss) from operations 101,255 (11,515) 75,033 (18,948)
Interest expense (11,821) (11,957) (36,199) (37,883)
Interest income 39 130 309 133
Income (loss) from continuing operations before income taxes 89,473 (23,342) 39,143 (56,698)
Provision for income taxes (35,396) 9,435 (15,852) 20,789
Income (loss) from continuing operations 54,077 (13,907) 23,291 (35,909)
Income (loss) from discontinued operations, net of tax (80) (2,093) 392 409
Net income (loss) $ 53,997 $ (16,000) $ 23,683 $ (35,500)
Basic        
Income (loss) from continuing operations $ 1.51 $ (0.42) $ 0.65 $ (1.14)
Income (loss) from discontinued operations, net of tax $ 0.00 $ (0.06) $ 0.01 $ 0.01
Net income (loss) $ 1.51 $ (0.48) $ 0.66 $ (1.13)
Diluted        
Income (loss) from continuing operations $ 1.47 $ (0.42) $ 0.63 $ (1.14)
Income (loss) from discontinued operations, net of tax $ 0.00 $ (0.06) $ 0.01 $ 0.01
Net income (loss) $ 1.47 $ (0.48) $ 0.64 $ (1.13)
Weighted-average common shares outstanding        
Basic 35,834 33,413 35,763 31,350
Diluted 36,828 33,413 36,831 31,350