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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
OPERATING REVENUES    
Operating revenues $ 472,918 $ 370,395
(Loss) gain on derivative instruments (13,238) 16,062
TOTAL OPERATING REVENUES 459,680 386,457
OPERATING EXPENSES    
Direct operations 16,876 17,244
Transportation and gathering 136,702 143,332
Taxes other than income 4,805 3,738
Exploration 2,627 2,190
Depreciation, depletion and amortization 94,148 100,135
General and administrative 29,155 33,429
TOTAL OPERATING EXPENSES 284,313 300,068
Loss on equity method investments 0 (59)
Gain on sale of assets 71 71
INCOME FROM OPERATIONS 175,438 86,401
Interest expense, net 12,377 14,211
Other expense 46 66
Income before income taxes 163,015 72,124
Income tax expense 36,661 18,214
NET INCOME $ 126,354 $ 53,910
Earnings per share    
Basic (in dollars per share) $ 0.32 $ 0.14
Diluted (in dollars per share) $ 0.31 $ 0.13
Weighted-average common shares outstanding    
Basic (in shares) 399,121 398,343
Diluted (in shares) 401,811 399,897
Natural gas    
OPERATING REVENUES    
Operating revenues $ 472,859 $ 370,340
Other    
OPERATING REVENUES    
Operating revenues $ 59 $ 55