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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (in thousands, except per share amounts) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Operating revenues:        
Oil, gas, and NGL production revenue $ 601,787 $ 373,928 $ 1,605,882 $ 1,049,131
Realized hedge gain (loss) (489) 501 (1,777) 2,338
Loss on divestiture activity (6,216) (8,532) (510) (31,246)
Other operating revenues 18,025 13,054 53,052 40,571
Total operating revenues 613,107 378,951 1,656,647 1,060,794
Operating expenses:        
Oil, gas, and NGL production expense 158,921 102,447 434,291 280,713
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 195,792 192,432 620,232 523,610
Exploration 16,280 25,417 52,335 66,031
Impairment of proved properties 5,935 0 61,706 38,523
Abandonment and impairment of unproved properties 3,818 447 8,459 11,296
General and administrative 33,920 32,171 101,574 91,443
Change in Net Profits Plan liability 940 798 (6,423) (17,342)
Derivative (gain) loss 39,933 55,856 (14,685) (40,040)
Other operating expenses 20,084 12,219 71,192 40,780
Total operating expenses 475,623 421,787 1,328,681 995,014
Income (loss) from operations 137,484 (42,836) 327,966 65,780
Non-operating income (expense)        
Interest income 28 126 64 201
Interest expense (24,488) (18,362) (65,170) (45,352)
Income (loss) before income taxes 113,024 (61,072) 262,860 20,629
Income tax (expense) benefit (42,334) 22,736 (98,921) (7,740)
Net income (loss) $ 70,690 $ (38,336) $ 163,939 $ 12,889
Basic weighted-average common shares outstanding 66,943 65,745 66,486 64,815
Diluted weighted-average common shares outstanding 68,253 65,745 67,969 67,343
Basic net income (loss) per common share $ 1.06 $ (0.58) $ 2.47 $ 0.20
Diluted net income (loss) per common share $ 1.04 $ (0.58) $ 2.41 $ 0.19
Dividends per common share $ 0.05 $ 0.05 $ 0.10 $ 0.10