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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, 2019
Dec. 31, 2018
Dec. 31, 2017
Operating revenues and other income:      
Oil, gas, and NGL production revenue $ 1,585,750 [1] $ 1,636,357 [2] $ 1,253,783 [3]
Net gain (loss) on divestiture activity 862 426,917 (131,028)
Other operating revenues 3,493 3,798 6,621
Total operating revenues and other income 1,590,105 2,067,072 1,129,376
Operating expenses:      
Oil, gas, and NGL production expense 500,709 487,367 507,906
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 823,798 665,313 557,036
Exploration 51,500 55,166 54,713
Impairment of oil and gas properties 33,842 49,889 16,078
General and administrative 132,797 116,504 117,283
Net derivative (gain) loss 97,539 (161,832) 26,414
Other operating expenses, net 19,888 18,328 13,667
Total operating expenses 1,660,073 1,230,735 1,293,097
Income (loss) from operations (69,968) 836,337 (163,721)
Interest expense (159,102) (160,906) (179,257)
Loss on extinguishment of debt 0 (26,740) (35)
Other non-operating income (expense), net (1,974) 3,086 (800)
Income (loss) before income taxes (231,044) 651,777 (343,813)
Income tax (expense) benefit 44,043 (143,370) 182,970
Net income (loss) $ (187,001) $ 508,407 $ (160,843)
Basic weighted-average common shares outstanding 112,544 111,912 111,428
Diluted weighted-average common shares outstanding 112,544 113,502 111,428
Basic net income (loss) per common share $ (1.66) $ 4.54 $ (1.44)
Diluted net income (loss) per common share $ (1.66) $ 4.48 $ (1.44)
[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.