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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Crude oil, natural gas and NGL sales $ 141,805 $ 104,483 $ 328,013 $ 275,520
Sales from natural gas marketing 2,678 2,580 6,728 8,336
Commodity price risk management gain (loss), net 19,397 123,549 (62,348) 141,170
Well operations, pipeline income and other 10 488 2,425 1,666
Total revenues 163,890 231,100 274,818 426,692
Costs, expenses and other:        
Production costs 14,001 13,825 43,006 42,749
Production taxes 9,568 5,476 19,682 13,206
Transportation, gathering and processing expenses 5,048 3,938 13,554 6,584
Cost of natural gas marketing 3,092 2,781 7,795 8,875
Exploration expense 241 252 688 812
Impairment of crude oil and natural gas properties 933 154,031 6,104 161,207
General and administrative expense 32,510 20,277 78,868 62,050
Depreciation, depletion and amortization 112,927 80,947 317,329 206,873
Allowance for uncollectible notes receivable (700) 0 44,038 0
Accretion of asset retirement obligation 1,777 1,594 5,400 4,742
(Gain) loss on sale of properties and equipment (219) (74) (43) (302)
Total cost, expenses and other 179,178 283,047 536,421 506,796
Income (loss) from operations (15,288) (51,947) (261,603) (80,104)
Interest expense (20,193) (12,092) (42,759) (35,384)
Interest income 140 1,378 1,875 3,626
Income (loss) before income taxes (35,341) (62,661) (302,487) (111,862)
Provision for income taxes 12,032 21,167 112,198 40,560
Net income (loss) $ (23,309) $ (41,494) $ (190,289) $ (71,302)
Earnings per share:        
Basic $ (0.48) $ (1.04) $ (4.16) $ (1.84)
Diluted $ (0.48) $ (1.04) $ (4.16) $ (1.84)
Weighted-average common shares outstanding        
Basic 48,839 40,085 45,741 38,837
Diluted 48,839 40,085 45,741 38,837