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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues and other income $ 117,875 $ 343,365 $ 360,076 $ 648,817
Expenses        
Taxes other than income 10,372 25,517 30,058 49,302
General and administrative expenses 23,776 17,506 33,509 36,431
Interest, net of amounts capitalized of $8,729, $8,238, $18,181 and $18,772, respectively 20,617 20,416 40,563 37,814
Depletion, depreciation, and amortization 55,414 58,264 152,276 115,561
Commodity derivatives expense (income) 40,130 (24,760) (106,641) 58,617
Gain on debt extinguishment 0 (100,346) (18,994) (100,346)
Write-down of oil and natural gas properties 662,440 0 734,981 0
Other expenses 11,290 2,386 13,784 6,524
Total expenses 917,055 131,296 1,095,856 473,181
Income (loss) before income taxes (799,180) 212,069 (735,780) 175,636
Income tax provision (benefit) (101,706) 65,377 (112,322) 54,618
Net income (loss) $ (697,474) $ 146,692 $ (623,458) $ 121,018
Net income (loss) per common share        
Basic $ (1.41) $ 0.32 $ (1.26) $ 0.27
Diluted $ (1.41) $ 0.32 $ (1.26) $ 0.26
Weighted average common shares outstanding        
Basic 495,245 452,612 494,752 452,169
Diluted 495,245 467,427 494,752 461,460
Other income        
Revenues and other income $ 494 $ 2,367 $ 1,322 $ 4,457
Transportation and marketing        
Operating expenses 9,388 11,236 19,009 22,009
Oil, natural gas, and related product sales        
Revenues and other income 109,387 330,421 339,011 624,998
Operating expenses 81,293 117,932 190,563 243,355
CO2        
Revenues and other income 6,504 7,986 14,532 16,556
Operating expenses 885 581 1,637 1,137
Purchased oil sales        
Revenues and other income 1,490 2,591 5,211 2,806
Operating expenses $ 1,450 $ 2,564 $ 5,111 $ 2,777