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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, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Operating revenues and other income:        
Oil, gas, and NGL production revenue $ 759,813 $ 282,012 $ 1,745,547 $ 806,035
Other operating income (loss) 426 (997) 22,387 346
Total operating revenues and other income 760,239 281,015 1,767,934 806,381
Operating expenses:        
Oil, gas, and NGL production expense 135,745 95,257 362,131 295,254
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 202,701 181,708 574,375 596,053
Exploration 8,709 8,547 26,746 29,683
Impairment 8,750 8,750 26,250 1,007,263
General and administrative 25,530 24,452 74,883 79,126
Net derivative (gain) loss 209,146 63,871 924,183 (314,269)
Other operating expense, net 43,401 1,562 44,654 10,174
Total operating expenses 633,982 384,147 2,033,222 1,703,284
Income (loss) from operations 126,257 (103,132) (265,288) (896,903)
Interest expense (40,861) (41,519) (120,268) (123,385)
Gain (loss) on extinguishment of debt 5 25,070 (2,139) 264,546
Other non-operating income (expense), net 153 (1,680) (1,071) (2,359)
Income (loss) before income taxes 85,554 (121,261) (388,766) (758,101)
Income tax benefit 39 22,969 95 158,662
Net income (loss) $ 85,593 $ (98,292) $ (388,671) $ (599,439)
Basic weighted-average common shares outstanding 121,457 114,371 118,224 113,462
Diluted weighted-average common shares outstanding 123,851 114,371 118,224 113,462
Basic net income (loss) per common share $ 0.70 $ (0.86) $ (3.29) $ (5.28)
Diluted net income (loss) per common share 0.69 (0.86) (3.29) (5.28)
Dividends per common share $ 0.01 $ 0.01 $ 0.02 $ 0.02