| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
Revenues | |||||||||
1,065,942 | 745,888 | 443,594 | 429,203 | 710,187 | 520,182 | 368,180 | 202,167 | 138,123 | 112,699 |
Costs and Expenses | |||||||||
Lease operating | |||||||||
161,596 | 139,854 | 98,717 | 90,052 | 74,157 | 46,828 | 31,471 | 28,314 | 23,659 | 25,167 |
Production and ad valorem taxes | |||||||||
50,591 | 32,509 | 19,046 | 17,683 | 29,544 | 19,811 | 13,542 | 5,697 | 3,648 | 132 |
Ad valorem taxes | |||||||||
10,422 | 7,267 | 5,559 | 9,255 | 8,450 | 8,701 | 9,813 | 3,625 | 3,707 | 5,022 |
Depreciation, depletion and amortization | |||||||||
299,530 | 262,589 | 213,962 | 300,035 | 317,383 | 214,291 | 165,993 | 84,606 | 47,030 | 52,005 |
General and administrative, net | |||||||||
68,617 | 66,229 | 74,972 | 67,224 | 77,029 | 77,492 | 48,708 | 41,539 | 35,906 | 30,136 |
(Gain) loss on derivatives, net | |||||||||
6,709 | -59,103 | -49,073 | 99,261 | 201,907 | -18,417 | 31,371 | 48,423 | 47,782 | 41,465 |
Interest expense, net | |||||||||
62,413 | 80,870 | 79,403 | 69,195 | 53,171 | 54,689 | 48,158 | 50,998 | 43,264 | 38,286 |
Impairment of proved oil and gas properties | |||||||||
0 | 0 | 576,540 | 1,224,367 | 0 | 0 | - | - | - | 338,914 |
Loss on extinguishment of debt | |||||||||
-9,586 | -4,170 | 0 | -38,137 | 0 | 0 | - | - | -31,023 | 0 |
Capitalized interest | |||||||||
- | - | - | - | - | - | - | 23,369 | 20,746 | -19,696 |
Other (income) expense, net | |||||||||
-296 | -2,157 | -1,796 | -11,276 | -2,150 | 185 | 267 | -800 | 212 | 49 |
Total Costs and Expenses | |||||||||
656,342 | 654,748 | 1,119,068 | 1,727,963 | 359,977 | 485,421 | 286,047 | 164,016 | 114,166 | 451,684 |
Operating Income (Loss) | |||||||||
- | - | - | - | - | - | - | 38,151 | 23,957 | -338,985 |
Accretion related to asset retirement obligations | |||||||||
- | - | - | - | - | - | - | 235 | 216 | 308 |
Loss on sale of oil and gas properties | |||||||||
- | - | - | - | - | -45,377 | 0 | 0 | - | - |
(Impairment) recovery of investment in Pinnacle | |||||||||
- | - | - | - | - | - | - | - | - | 2,091 |
Income Before Income Taxes | |||||||||
409,600 | 91,140 | -675,474 | -1,298,760 | 350,210 | 34,761 | 82,133 | 58,145 | 18,410 | -318,152 |
Income tax (expense) benefit | |||||||||
5,173 | 4,030 | 0 | -140,875 | 127,927 | 12,903 | 30,956 | 25,611 | 6,685 | -113,307 |
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | |||||||||
- | - | - | -1,157,885 | 222,283 | 21,858 | 51,177 | 32,534 | 11,725 | - |
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | |||||||||
- | - | - | 2,731 | 4,060 | 21,825 | 4,310 | 4,095 | -1,775 | - |
Net Income (loss) | |||||||||
404,427 | 87,110 | -675,474 | -1,155,154 | 226,343 | 43,683 | 55,487 | 36,629 | 9,950 | -204,845 |
Dividends on preferred stock | |||||||||
18,161 | 7,781 | 0 | 0 | - | - | - | - | - | - |
Accretion on preferred stock | |||||||||
3,057 | 862 | 0 | 0 | - | - | - | - | - | - |
Loss on redemption of preferred stock | |||||||||
-7,133 | 0 | 0 | - | - | - | - | - | - | - |
Net Income Attributable to Common Shareholders | |||||||||
376,076 | 78,467 | -675,474 | -1,155,154 | - | - | - | - | - | - |
Net Income Attributable to Common Shareholders Per Common Share | |||||||||
Income (Loss) from Continuing Operations (in dollars per share) | |||||||||
- | - | - | - | 4.90 | 0.54 | 1.29 | 0.83 | 0.34 | - |
Net income from discontinued operations (in dollars per share) | |||||||||
- | - | - | - | 0.09 | 0.53 | 0.11 | 0.11 | -0.05 | - |
Increase in fair value of investment in Pinnacle, net of income taxes | |||||||||
- | - | - | - | - | - | - | - | - | 55 |
Reclassification of cumulative (increase) decrease in fair value of investment in Pinnacle, net of income taxes | |||||||||
- | - | - | - | - | - | - | - | - | -1,333 |
COMPREHENSIVE INCOME (LOSS) | |||||||||
- | - | - | - | - | - | - | - | - | -203,457 |
Income (loss) per share, basic (in dollars per share) | |||||||||
4.40 | 1.07 | -11.27 | -22.45 | 4.99 | 1.07 | 1.40 | 0.94 | 0.29 | -6.61 |
Net income (loss) from continuing operations, diluted (in dollars per share) | |||||||||
- | - | - | - | 4.81 | 0.53 | 1.28 | 0.82 | 0.34 | - |
Net income from discontinued operations (in dollars per share) | |||||||||
- | - | - | - | 0.09 | 0.53 | 0.11 | 0.10 | -0.05 | - |
Income (loss) per share, diluted (in dollars per share) | |||||||||
4.32 | 1.06 | -11.27 | -22.45 | 4.90 | 1.06 | 1.39 | 0.92 | 0.29 | -6.61 |
Weighted Average Common Shares Outstanding | |||||||||
Basic (in shares) | |||||||||
85,509 | 73,421 | 59,932 | 51,457 | 45,372 | 40,781 | 39,591 | 39,077 | 33,861 | 31,006 |
Diluted (in shares) | |||||||||
87,143 | 73,993 | 59,932 | 51,457 | 46,194 | 41,355 | 40,026 | 39,668 | 34,305 | 31,006 |
Oil and Condensate | |||||||||
Revenues | |||||||||
911,554 | 633,233 | 378,073 | 376,094 | 610,483 | 421,311 | 286,119 | - | - | - |
Natural Gas Liquids | |||||||||
Revenues | |||||||||
96,585 | 47,405 | 22,428 | 15,608 | 25,050 | 15,530 | 10,631 | - | - | - |
(Gain) loss on derivatives, net | |||||||||
-4,439 | -1,322 | 0 | - | - | - | - | - | - | - |
Natural Gas, Production | |||||||||
Revenues | |||||||||
57,803 | 65,250 | 43,093 | 37,501 | 74,654 | 83,341 | 71,430 | - | - | - |