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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Operating revenues:        
Oil, gas, and NGL production revenue $ 534,520 $ 312,608 $ 1,004,095 $ 675,203
Realized hedge gain (loss) (1,189) 185 (1,288) 1,837
Gain (loss) on divestiture activity 6,280 (24,176) 5,706 (22,714)
Other operating revenues 19,749 15,803 35,027 27,517
Total operating revenues 559,360 304,420 1,043,540 681,843
Operating expenses:        
Oil, gas, and NGL production expense 149,737 91,134 275,370 178,266
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 225,731 161,608 424,440 331,178
Exploration 20,657 22,007 36,055 40,614
Impairment of proved properties 34,552 38,523 55,771 38,523
Abandonment and impairment of unproved properties 4,339 10,707 4,641 10,849
General and administrative 35,374 31,130 67,654 59,272
Change in Net Profits Plan liability (5,438) (22,079) (7,363) (18,140)
Unrealized and realized derivative gain (85,190) (98,112) (54,618) (95,896)
Other operating expenses 35,314 17,111 51,108 28,561
Total operating expenses 415,076 252,029 853,058 573,227
Income from operations 144,284 52,391 190,482 108,616
Non-operating income (expense)        
Interest income 24 5 36 75
Interest expense (21,581) (12,712) (40,682) (26,990)
Income before income taxes 122,727 39,684 149,836 81,701
Income tax expense (46,205) (14,795) (56,587) (30,476)
Net income $ 76,522 $ 24,889 $ 93,249 $ 51,225
Basic weighted-average common shares outstanding 66,295 64,585 66,254 64,345
Diluted weighted-average common shares outstanding 67,893 67,556 67,711 67,806
Basic net income per common share $ 1.15 $ 0.39 $ 1.41 $ 0.80
Diluted net income per common share $ 1.13 $ 0.37 $ 1.38 $ 0.76
Dividends per common share $ 0.00 $ 0.00 $ 0.05 $ 0.05