XML 25 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating revenues and other income:      
Oil, gas, and NGL production revenue $ 1,253,783 $ 1,178,426 $ 1,499,905
Net gain (loss) on divestiture activity (131,028) 37,074 43,031
Other operating revenues 6,621 1,950 14,029
Total operating revenues and other income 1,129,376 1,217,450 1,556,965
Operating Expenses:      
Oil, gas, and NGL production expense 507,906 597,565 723,633
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 557,036 790,745 921,009
Exploration 56,179 65,641 120,569
Impairment of proved properties 3,806 354,614 468,679
Abandonment and impairment of unproved properties 12,272 80,367 78,643
Impairment of other property and equipment 0 0 49,369
General and administrative 120,585 126,428 157,668
Net derivative (gain) loss 26,414 250,633 (408,831)
Other operating expenses 13,667 10,772 25,009
Total operating expenses 1,297,865 2,276,765 2,135,748
Loss from operations (168,489) (1,059,315) (578,783)
Non-operating income (expense):      
Interest expense (179,257) (158,685) (128,149)
Gain (loss) on extinguishment of debt (35) 15,722 (16,578)
Other, net 3,968 362 649
Loss before income taxes (343,813) (1,201,916) (722,861)
Income tax benefit 182,970 444,172 275,151
Net loss $ (160,843) $ (757,744) $ (447,710)
Earnings Per Share, Basic [Abstract]      
Basic weighted-average common shares outstanding 111,428 76,568 67,723
Basic net loss per common share $ (1.44) $ (9.90) $ (6.61)
Earnings Per Share, Diluted [Abstract]      
Diluted weighted-average common shares outstanding 111,428 76,568 67,723
Diluted net loss per common share $ (1.44) $ (9.90) $ (6.61)