Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues:    
Net loss on natural gas, oil, and NGL derivatives $ (20,045) $ (16,529)
Total revenues 320,578 325,392
Costs and expenses:    
Lease operating expenses 19,807 18,906
Production taxes 7,921 6,854
Midstream gathering and processing expenses 70,282 64,193
Depreciation, depletion and amortization 118,433 111,018
General and administrative expenses 11,558 13,099
Accretion expense 1,067 1,004
Total costs and expenses 229,068 215,074
(LOSS) INCOME FROM OPERATIONS 91,510 110,318
OTHER (INCOME) EXPENSE:    
Interest expense 34,120 33,965
Interest income (152) (37)
Income from equity method investments, net (4,273) (13,536)
Other income (427) (95)
Total other (income) expense 29,268 20,297
INCOME (LOSS) BEFORE INCOME TAXES 62,242 90,021
INCOME TAX BENEFIT 0 (69)
NET INCOME (LOSS) $ 62,242 $ 90,090
NET INCOME PER COMMON SHARE:    
Basic (in usd per share) $ 0.38 $ 0.50
Diluted (in usd per share) $ 0.38 $ 0.50
Weighted average common shares outstanding - Basic (in shares) 162,823,997 180,714,881
Weighted average common shares outstanding - Diluted (in shares) 163,099,409 180,802,301
Natural gas sales    
Revenues:    
Revenue from contract with customer $ 276,016 $ 249,399
Oil and condensate sales    
Revenues:    
Revenue from contract with customer 32,482 45,686
Natural gas liquid sales    
Revenues:    
Revenue from contract with customer $ 32,125 $ 46,836