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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, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating revenues and other income:        
Oil, gas, and NGL production revenue $ 827,558 $ 759,813 $ 2,676,656 $ 1,745,547
Other operating income 7,893 426 10,673 22,387
Total operating revenues and other income 835,451 760,239 2,687,329 1,767,934
Operating expenses:        
Oil, gas, and NGL production expense 159,961 135,745 470,245 362,131
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 145,865 202,701 460,169 574,375
Exploration 14,203 8,709 44,117 26,746
Impairment 1,077 8,750 6,466 26,250
General and administrative 28,428 25,530 81,715 74,883
Net derivative (gain) loss (137,577) 209,146 385,180 924,183
Other operating expense, net 1,213 43,401 2,614 44,654
Total operating expenses 213,170 633,982 1,450,506 2,033,222
Income (loss) from operations 622,281 126,257 1,236,823 (265,288)
Interest expense (22,825) (40,861) (97,708) (120,268)
Loss on extinguishment of debt 0 5 (67,605) (2,139)
Other non-operating income (expense), net 1,163 153 930 (1,071)
Income (loss) before income taxes 600,619 85,554 1,072,440 (388,766)
Income tax (expense) benefit (119,379) 39 (218,951) 95
Net income (loss) $ 481,240 $ 85,593 $ 853,489 $ (388,671)
Basic weighted-average common shares outstanding 123,195 121,457 122,318 118,224
Diluted weighted-average common shares outstanding 124,279 123,851 124,233 118,224
Basic net income (loss) per common share $ 3.91 $ 0.70 $ 6.98 $ (3.29)
Diluted net income (loss) per common share 3.87 0.69 6.87 (3.29)
Dividends per common share $ 0.15 $ 0.01 $ 0.16 $ 0.02