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CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
OPERATING REVENUES      
Natural gas $ 1,025,044 $ 1,590,625 $ 1,405,262
Crude oil and condensate 248,211 313,889 291,418
Gain (loss) on derivative instruments 56,686 219,319 0
Brokered natural gas 16,383 34,416 36,450
Other 10,826 14,762 13,148
TOTAL OPERATING REVENUES 1,357,150 2,173,011 1,746,278
OPERATING EXPENSES      
Direct operations 140,814 145,529 140,856
Transportation and gathering 427,588 349,321 229,489
Brokered natural gas 12,592 30,030 29,936
Taxes other than income 42,809 47,012 43,045
Exploration 27,460 28,746 18,165
Depreciation, depletion and amortization 622,211 632,760 651,052
Impairment of oil and gas properties 114,875 771,037 0
General and administrative 69,444 82,590 104,606
TOTAL OPERATING EXPENSES 1,457,793 2,087,025 1,217,149
Earnings (loss) on equity method investments 6,415 3,080 1,102
Gain (loss) on sale of assets 3,866 17,120 21,351
INCOME (LOSS) FROM OPERATIONS (90,362) 106,186 551,582
Interest expense 96,911 73,785 66,044
Income (loss) before income taxes (187,273) 32,401 485,538
Income tax expense (benefit) (73,382) (72,067) 205,765
NET INCOME (LOSS) $ (113,891) $ 104,468 $ 279,773
Earnings (loss) per share      
Basic (in dollars per share) $ (0.28) $ 0.25 $ 0.67
Diluted (in dollars per share) $ (0.28) $ 0.25 $ 0.66
Weighted-average common shares outstanding      
Basic (in shares) 413,696 415,840 420,188
Diluted (in shares) 413,696 417,601 422,375
Dividends per common share (in dollars per share) $ 0.08 $ 0.08 $ 0.06