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Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Operating Revenues and Other        
Total $ 4,697,630 $ 4,238,077 $ 8,756,272 $ 7,919,239
Operating Expenses        
Lease and Well 347,281 314,604 683,572 614,668
Transportation Costs 174,101 177,797 350,623 354,754
Gathering and Processing Costs 112,643 109,169 223,938 210,514
Exploration Costs 32,522 47,478 68,846 82,314
Dry Hole Costs 3,769 4,902 3,863 4,902
Impairments 112,130 51,708 184,486 116,317
Marketing Costs 1,500,915 1,420,463 2,770,972 2,526,853
Depreciation, Depletion and Amortization 957,304 848,674 1,836,899 1,597,265
General and Administrative 121,780 104,083 228,452 198,781
Taxes Other Than Income 204,414 194,268 397,320 373,352
Total 3,566,859 3,273,146 6,748,971 6,079,720
Operating Income 1,130,771 964,931 2,007,301 1,839,519
Other Income (Expense), Net 8,503 (8,551) 14,115 (7,824)
Income Before Interest Expense and Income Taxes 1,139,274 956,380 2,021,416 1,831,695
Interest Expense        
Interest Expense, Net 49,908 63,444 104,814 125,400
Income Before Income Taxes 1,089,366 892,936 1,916,602 1,706,295
Income Tax Provision 241,525 196,205 433,335 370,975
Net Income $ 847,841 $ 696,731 $ 1,483,267 $ 1,335,320
Net Income Per Share        
Basic $ 1.47 $ 1.21 $ 2.57 $ 2.32
Diluted $ 1.46 $ 1.20 $ 2.56 $ 2.30
Average Number of Common Shares        
Basic 577,460 576,135 577,333 575,953
Diluted 580,247 580,375 580,204 580,007
Other Comprehensive Income (Loss)        
Foreign Currency Translation Adjustments $ (1,665) $ (3,229) $ (3,449) $ 1,773
Other, Net of Tax 6 6 12 12
Other Comprehensive Income (Loss) (1,659) (3,223) (3,437) 1,785
Comprehensive Income 846,182 693,508 1,479,830 1,337,105
Crude Oil and Condensate        
Operating Revenues and Other        
Revenues 2,528,866 2,377,528 4,729,269 4,478,836
Natural Gas Liquids        
Operating Revenues and Other        
Revenues 186,374 286,354 405,012 507,769
Natural Gas        
Operating Revenues and Other        
Revenues 269,892 300,845 604,864 600,611
Gains (Losses) on Mark-to-Market Commodity Derivative Contracts        
Operating Revenues and Other        
Revenues 177,300 (185,883) 156,720 (245,654)
Gathering, Processing and Marketing        
Operating Revenues and Other        
Revenues 1,501,386 1,436,436 2,787,040 2,538,258
Gains (Losses) on Asset Dispositions, Net        
Operating Revenues and Other        
Revenues 8,009 (6,317) 4,173 (21,286)
Other, Net        
Operating Revenues and Other        
Revenues $ 25,803 $ 29,114 $ 69,194 $ 60,705