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CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share data) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating revenues and other income:      
Oil, gas, and NGL production revenue $ 1,636,357 [1] $ 1,253,783 [2] $ 1,178,426 [3]
Net gain (loss) on divestiture activity 426,917 (131,028) 37,074
Other operating revenues 3,798 6,621 1,950
Total operating revenues and other income 2,067,072 1,129,376 1,217,450
Operating Expenses:      
Oil, gas, and NGL production expense 487,367 507,906 597,565
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 665,313 557,036 790,745
Exploration 55,166 54,713 64,970
Impairment of proved properties 0 3,806 354,614
Abandonment and impairment of unproved properties 49,889 12,272 80,367
General and administrative 116,504 117,283 124,828
Net derivative (gain) loss (161,832) 26,414 250,633
Other operating expenses, net 18,328 13,667 10,772
Total operating expenses 1,230,735 1,293,097 2,274,494
Income (loss) from operations 836,337 (163,721) (1,057,044)
Interest expense (160,906) (179,257) (158,685)
Gain (loss) on extinguishment of debt (26,740) (35) 15,722
Other non-operating income (expense), net 3,086 (800) (1,909)
Income (loss) before income taxes 651,777 (343,813) (1,201,916)
Income tax (expense) benefit (143,370) 182,970 444,172
Net income (loss) $ 508,407 $ (160,843) $ (757,744)
Basic weighted-average common shares outstanding 111,912 111,428 76,568
Diluted weighted-average common shares outstanding 113,502 111,428 76,568
Basic net income (loss) per common share $ 4.54 $ (1.44) $ (9.90)
Diluted net income (loss) per common share $ 4.48 $ (1.44) $ (9.90)
[1] Note: Amounts may not calculate due to rounding.
[2] Note: Amounts may not calculate due to rounding.
[3] Note: Amounts may not calculate due to rounding.