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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (in thousands, except per share data) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Operating revenues and other income:        
Oil, gas, and NGL production revenue $ 458,382 $ 294,459 $ 1,243,826 $ 912,596
Net gain (loss) on divestiture activity 786 (1,895) 425,656 (131,565)
Other operating revenues 201 2,815 3,398 7,807
Total operating revenues and other income 459,369 295,379 1,672,880 788,838
Operating expenses:        
Oil, gas, and NGL production expense 127,638 122,651 365,917 385,073
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 201,105 134,599 483,343 425,643
Exploration 13,061 14,119 40,844 38,919
Abandonment and impairment of unproved properties 9,055 0 26,615 157
General and administrative 29,464 27,564 86,066 84,618
Net derivative (gain) loss 178,026 80,599 249,304 (89,364)
Other operating expenses, net 9,664 999 14,219 10,109
Total operating expenses 568,013 380,531 1,266,308 855,155
Income (loss) from operations (108,644) (85,152) 406,572 (66,317)
Interest expense (38,111) (44,091) (122,850) (135,639)
Loss on extinguishment of debt (26,722) 0 (26,722) (35)
Other non-operating income, net 806 861 3,017 1,581
Income (loss) before income taxes (172,671) (128,382) 260,017 (200,410)
Income tax (expense) benefit 36,748 39,270 (61,342) 65,825
Net income (loss) $ (135,923) $ (89,112) $ 198,675 $ (134,585)
Basic weighted-average common shares outstanding 112,107 111,575 111,836 111,366
Diluted weighted-average common shares outstanding 112,107 111,575 113,600 111,366
Basic net income (loss) per common share $ (1.21) $ (0.80) $ 1.78 $ (1.21)
Diluted net income (loss) per common share (1.21) (0.80) 1.75 (1.21)
Dividends per common share $ 0.05 $ 0.05 $ 0.10 $ 0.10