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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue and Other Operating Income (Loss):        
Loss on Commodity Derivative Instruments $ (652,643) $ (538,859) $ (2,379,036) $ (505,445)
Other Revenue and Operating Income 23,103 25,494 45,933 50,445
Total Revenue and Other Operating Income (Loss) 420,418 (127,210) (492,680) 345,864
Operating Expense        
Lease Operating Expense 14,282 10,248 29,680 19,516
Production, Ad Valorem and Other Fees 9,958 7,445 19,885 13,413
Depreciation, Depletion and Amortization 116,180 122,607 234,803 251,551
Purchased Gas Costs 46,041 14,551 90,858 46,961
Selling, General, and Administrative Costs 30,454 23,677 62,014 51,998
Other Operating Expense 20,539 15,140 32,709 30,798
Total Operating Expense 330,523 280,711 652,993 580,516
Other Expense        
Other Expense 5,179 5,865 4,441 10,231
Gain on Asset Sales and Abandonments, net (6,240) (7,186) (19,634) (10,060)
Loss on Debt Extinguishment 12,981 0 12,981 0
Interest Expense 31,051 39,576 58,121 75,948
Total Other Expense 42,971 38,255 55,909 76,119
Total Costs and Expenses 373,494 318,966 708,902 656,635
Earnings (Loss) Before Income Tax 46,924 (446,176) (1,201,582) (310,771)
Income Tax Expense (Benefit) 13,567 (92,117) (311,997) (54,737)
Net Income (Loss) $ 33,357 $ (354,059) $ (889,585) $ (256,034)
Earnings (Loss) per Share        
Basic (in usd per share) $ 0.17 $ (1.61) $ (4.52) $ (1.16)
Diluted (in usd per share) 0.15 (1.61) (4.52) (1.16)
Dividends Declared (in usd per share) $ 0 $ 0 $ 0 $ 0
Natural Gas, NGLs and Oil Revenue        
Revenue and Other Operating Income (Loss):        
Revenues $ 1,003,406 $ 369,449 $ 1,748,030 $ 750,674
Purchased Gas Revenue        
Revenue and Other Operating Income (Loss):        
Revenues 46,552 16,706 92,393 50,190
Transportation, Gathering and Compression        
Operating Expense        
Cost of Goods Sold 88,357 84,114 176,644 161,273
Exploration and Production Related Other Costs        
Operating Expense        
Cost of Goods Sold $ 4,712 $ 2,929 $ 6,400 $ 5,006