REVENUES AND OTHER INCOME: | |
Oil and natural gas sales | 315.55M |
Gain on hedging activities | |
Amortization of deferred gain on sale | 3.49M |
Gain on sale of properties | -189.93M |
Interest income and other | |
Total revenues and other income | 129.23M |
COSTS AND EXPENSES: | |
Lease operating | 87.98M |
Production taxes | 26.37M |
Depreciation, depletion and amortization | 284.57M |
Exploration and impairment | 24.29M |
General and administrative | 33.91M |
Interest expense | 84.58M |
Change in Production Participation Plan liability | |
Commodity derivative (gain) loss, net | |
Total costs and expenses | 464.73M |
INCOME BEFORE INCOME TAXES | |
INCOME TAX EXPENSE: | |
Current | 113K |
Deferred | 357.44M |
Total income tax expense | 357.55M |
NET INCOME | |
Preferred stock dividends | |
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS | -693.05M |
EARNINGS PER COMMON SHARE: | |
Basic | -2.47 |
Diluted | -2.47 |
WEIGHTED AVERAGE SHARES OUTSTANDING: | |
Basic | 280.42M |
Diluted | 280.42M |