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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues:    
Total oil and gas sales $ 340,485 $ 225,878
Operating expenses:    
Production and ad valorem taxes 9,652 8,401
Gathering and transportation 29,458 28,411
Lease operating 24,563 25,878
Depreciation, depletion and amortization 109,128 110,425
General and administrative 8,028 8,719
Exploration 0 27
Gain on sale of assets (70) 0
Total operating expenses 180,759 181,861
Operating income 159,726 44,017
Other income (expenses):    
Gain (loss) from derivative financial instruments (21,749) 61,899
Other income 281 313
Interest expense (63,811) (52,810)
Loss on early retirement of debt (238,539) 0
Total other income (expenses) (323,818) 9,402
Income (loss) before income taxes (164,092) 53,419
Benefit from (provision for) income taxes 29,967 (11,391)
Net income (loss) (134,125) 42,028
Preferred stock dividends and accretion (4,315) (12,072)
Net income (loss) available to common stockholders $ (138,440) $ 29,956
Net income (loss) per share:    
Basic (in dollars per share) $ (0.60) $ 0.16
Diluted (in dollars per share) $ (0.60) $ 0.15
Weighted average shares outstanding:    
Basic (in shares) 231,377 188,916
Diluted (in shares) 231,377 285,166
Natural gas sales    
Revenues:    
Total oil and gas sales $ 323,960 $ 207,239
Oil sales    
Revenues:    
Total oil and gas sales $ 16,525 $ 18,639