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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Crude oil, natural gas and NGLs sales $ 307,409 $ 372,439 $ 967,464 $ 1,003,597
Commodity price risk management gain (loss), net 54,867 (94,394) (87,858) (257,760)
Other income 3,667 2,672 11,495 8,011
Total revenues 365,943 280,717 891,101 753,848
Costs, expenses and other:        
Lease operating expenses 36,498 33,046 106,047 94,942
Production taxes 13,039 23,984 57,849 66,757
Transportation, gathering and processing expenses 10,999 9,234 34,631 25,511
Exploration, geologic and geophysical expense 209 1,032 3,492 4,553
Impairment of properties and equipment 167 1,488 37,021 194,230
General and administrative expense 41,091 48,240 123,497 121,183
Depreciation, depletion and amortization 171,839 147,540 491,784 409,952
Accretion of asset retirement obligations 1,356 1,200 4,503 3,773
Loss on sale of properties and equipment 43,872 2,118 9,599 3,199
Other expenses 2,492 2,711 8,882 8,187
Total cost, expenses and other 321,562 270,593 877,305 932,287
Income (loss) from operations 44,381 10,124 13,796 (178,439)
Interest expense (17,859) (17,622) (53,742) (52,561)
Interest income 48 188 63 405
Income (loss) before income taxes 26,570 (7,310) (39,883) (230,595)
Income tax (expense) benefit (10,662) 3,876 4,163 53,765
Net income (loss) $ 15,908 $ (3,434) $ (35,720) $ (176,830)
Earnings per share:        
Basic $ 0.25 $ (0.05) $ (0.55) $ (2.68)
Diluted $ 0.25 $ (0.05) $ (0.55) $ (2.68)
Weighted-average common shares outstanding        
Basic 62,547 66,073 64,835 66,032
Diluted 62,595 66,073 64,835 66,032