XML 15 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Operating Revenues and Other        
Total $ 1,103,374,000 $ 4,697,630,000 $ 5,821,066,000 $ 8,756,272,000
Operating Expenses        
Lease and Well 245,346,000 347,281,000 575,005,000 683,572,000
Transportation Costs 151,728,000 174,101,000 360,024,000 350,623,000
Gathering and Processing Costs 96,767,000 112,643,000 225,249,000 223,938,000
Exploration Costs 27,283,000 32,522,000 66,960,000 68,846,000
Dry Hole Costs 87,000 3,769,000 459,000 3,863,000
Impairments 305,415,000 112,130,000 1,878,350,000 184,486,000
Marketing Costs 444,444,000 1,500,915,000 1,553,437,000 2,770,972,000
Depreciation, Depletion and Amortization 706,679,000 957,304,000 1,706,739,000 1,836,899,000
General and Administrative 131,855,000 121,780,000 246,128,000 228,452,000
Taxes Other Than Income 80,319,000 204,414,000 237,679,000 397,320,000
Total 2,189,923,000 3,566,859,000 6,850,030,000 6,748,971,000
Operating Income (Loss) (1,086,549,000) 1,130,771,000 (1,028,964,000) 2,007,301,000
Other Income (Expense), Net (4,500,000) 8,503,000 13,608,000 14,115,000
Income (Loss) Before Interest Expense and Income Taxes (1,091,049,000) 1,139,274,000 (1,015,356,000) 2,021,416,000
Interest Expense        
Interest Expense, Net 54,213,000 49,908,000 98,903,000 104,814,000
Income (Loss) Before Income Taxes (1,145,262,000) 1,089,366,000 (1,114,259,000) 1,916,602,000
Income Tax Provision (Benefit) (235,878,000) 241,525,000 (214,688,000) 433,335,000
Net Income (Loss) $ (909,384,000) $ 847,841,000 $ (899,571,000) $ 1,483,267,000
Net Income (Loss) Per Share        
Basic $ (1.57) $ 1.47 $ (1.55) $ 2.57
Diluted $ (1.57) $ 1.46 $ (1.55) $ 2.56
Average Number of Common Shares        
Basic 578,719 577,460 578,581 577,333
Diluted 578,719 580,247 578,581 580,204
Other Comprehensive Income (Loss)        
Foreign Currency Translation Adjustments $ (2,831,000) $ (1,665,000) $ (1,490,000) $ (3,449,000)
Other, Net of Tax 6,000 6,000 12,000 12,000
Other Comprehensive Income (Loss) (2,825,000) (1,659,000) (1,478,000) (3,437,000)
Comprehensive Income (Loss) (912,209,000) 846,182,000 (901,049,000) 1,479,830,000
Crude Oil and Condensate        
Operating Revenues and Other        
Revenues 614,627,000 2,528,866,000 2,680,125,000 4,729,269,000
Natural Gas Liquids        
Operating Revenues and Other        
Revenues 93,909,000 186,374,000 254,444,000 405,012,000
Natural Gas        
Operating Revenues and Other        
Revenues 141,696,000 269,892,000 351,460,000 604,864,000
Gains (Losses) on Mark-to-Market Commodity Derivative Contracts        
Operating Revenues and Other        
Revenues (126,362,000) 177,300,000 1,079,411,000 156,720,000
Gathering, Processing and Marketing        
Operating Revenues and Other        
Revenues 362,786,000 1,501,386,000 1,401,432,000 2,787,040,000
Gains (Losses) on Asset Dispositions, Net        
Operating Revenues and Other        
Revenues 13,233,000 8,009,000 29,693,000 4,173,000
Other, Net        
Operating Revenues and Other        
Revenues $ 3,485,000 $ 25,803,000 $ 24,501,000 $ 69,194,000