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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues:        
Crude oil, natural gas and NGL sales $ 104,483 $ 120,526 $ 275,520 $ 371,556
Sales from natural gas marketing 2,580 13,297 8,336 62,649
Commodity price risk management gain (loss), net 123,549 90,213 141,170 12,661
Well operations, pipeline income and other 488 520 1,666 1,650
Total revenues 231,100 224,556 426,692 448,516
Costs, expenses and other:        
Production costs 25,484 22,754 71,129 64,611
Cost of natural gas marketing 2,781 13,347 8,875 62,645
Exploration expense 252 190 812 773
Impairment of crude oil and natural gas properties 153,535 1,863 158,792 3,621
General and administrative expense 18,528 34,625 55,875 96,549
Depreciation, depletion and amortization 80,947 49,640 206,873 142,165
Accretion of asset retirement obligations 1,594 861 4,742 2,542
(Gain) loss on sale of properties and equipment (74) 21 (302) 577
Total cost, expenses and other 283,047 123,301 506,796 373,483
Income (loss) from operations (51,947) 101,255 (80,104) 75,033
Interest expense (12,092) (11,821) (35,384) (36,199)
Interest income 1,378 39 3,626 309
Income (loss) from continuing operations before income taxes (62,661) 89,473 (111,862) 39,143
Provision for income taxes 21,167 (35,396) 40,560 (15,852)
Income (loss) from continuing operations (41,494) 54,077 (71,302) 23,291
Income (loss) from discontinued operations, net of tax 0 (80) 0 392
Net income (loss) $ (41,494) $ 53,997 $ (71,302) $ 23,683
Basic        
Income (loss) from continuing operations $ (1.04) $ 1.51 $ (1.84) $ 0.65
Income (loss) from discontinued operations, net of tax 0.00 0.00 0.00 0.01
Net income (loss) (1.04) 1.51 (1.84) 0.66
Diluted        
Income (loss) from continuing operations (1.04) 1.47 (1.84) 0.63
Income (loss) from discontinued operations, net of tax 0.00 0.00 0.00 0.01
Net income (loss) $ (1.04) $ 1.47 $ (1.84) $ 0.64
Weighted-average common shares outstanding        
Basic 40,085 35,834 38,837 35,763
Diluted 40,085 36,828 38,837 36,831