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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Crude oil, natural gas and NGL sales $ 75,367 $ 74,109
Sales from natural gas marketing 2,171 3,233
Commodity price risk management gain (loss), net 11,056 66,662
Well operations, pipeline income and other 2,237 628
Total revenues 90,831 144,632
Costs, expenses and other:    
Production costs 15,330 16,285
Production taxes 4,071 3,893
Transportation, gathering and processing expenses 4,041 1,338
Cost of natural gas marketing 2,578 3,258
Exploration expense 210 285
Impairment of crude oil and natural gas properties 1,001 2,772
General and administrative expense 22,779 21,045
Depreciation, depletion and amortization 97,388 55,820
Allowance for uncollectible notes receivable 44,738 0
Accretion of asset retirement obligation 1,812 1,560
(Gain) loss on sale of properties and equipment (84) (21)
Total cost, expenses and other 193,864 106,235
Income (loss) from operations (103,033) 38,397
Interest expense (11,894) (11,725)
Interest income 1,558 1,113
Income (loss) before income taxes (113,369) 27,785
Provision for income taxes 41,839 (10,723)
Net income (loss) $ (71,530) $ 17,062
Earnings per share:    
Basic $ (1.72) $ 0.47
Diluted $ (1.72) $ 0.46
Weighted-average common shares outstanding    
Basic 41,608 36,349
Diluted 41,608 36,981