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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Total oil and gas sales $ 524,841 $ 340,485
Operating expenses:    
Production and ad valorem taxes 13,820 9,652
Gathering and transportation 32,093 29,458
Lease operating 26,186 24,563
Depreciation, depletion and amortization 106,728 109,128
General and administrative 8,223 8,028
Exploration 1,021 0
Gain on sale of assets (2) (70)
Total operating expenses 188,069 180,759
Operating income 336,772 159,726
Other income (expenses):    
Loss from derivative financial instruments (437,493) (21,749)
Other income 4,166 281
Interest expense (46,491) (63,811)
Loss on early retirement of debt 0 (238,539)
Total other expenses (479,818) (323,818)
Loss before income taxes (143,046) (164,092)
Benefit from income taxes 31,622 29,967
Net loss (111,424) (134,125)
Preferred stock dividends (4,315) (4,315)
Net loss available to common stockholders $ (115,739) $ (138,440)
Net loss per share:    
Basic (in dollars per share) $ (0.50) $ (0.60)
Diluted (in dollars per share) $ (0.50) $ (0.60)
Weighted average shares outstanding:    
Basic (in shares) 231,976 231,377
Diluted (in shares) 231,976 231,377
Natural gas sales    
Revenues:    
Total oil and gas sales $ 522,957 $ 323,960
Oil sales    
Revenues:    
Total oil and gas sales $ 1,884 $ 16,525