2015 Q4 Form 10-Q Financial Statement

#000134943615000190 Filed on November 05, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $143.6M $180.2M $394.1M
YoY Change -58.59% -54.29% -20.16%
Cost Of Revenue $74.20M $4.323M $15.99M
YoY Change -40.06% -72.97% 16.11%
Gross Profit $69.50M $175.8M $378.1M
YoY Change -68.85% -53.5% -21.2%
Gross Profit Margin 48.38% 97.6% 95.94%
Selling, General & Admin $29.00M $34.20M $24.60M
YoY Change 3.94% 39.02% -34.75%
% of Gross Profit 41.73% 19.45% 6.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $63.20M $77.80M $127.0M
YoY Change -48.83% -38.74% -16.94%
% of Gross Profit 90.94% 44.25% 33.59%
Operating Expenses $93.20M $113.2M $152.7M
YoY Change -38.93% -25.87% -23.3%
Operating Profit -$959.4M -$1.060B $256.5M
YoY Change -356.54% -513.17% -11941.69%
Interest Expense -$73.30M -$44.90M $72.80M
YoY Change -127.27% -161.68% -137.49%
% of Operating Profit 28.38%
Other Income/Expense, Net -$19.70M $263.3M -$60.06M
YoY Change -6666.67% -538.38% -1.1%
Pretax Income -$783.9M -$796.5M $196.4M
YoY Change -349.73% -505.46% -412.33%
Income Tax $0.00 $25.00K -$1.064M
% Of Pretax Income -0.54%
Net Earnings -$784.0M -$640.4M $157.3M
YoY Change -349.62% -507.03% -293.18%
Net Earnings / Revenue -545.77% -355.48% 39.92%
Basic Earnings Per Share -$1.13 -$1.23 $0.30
Diluted Earnings Per Share -$1.13 -$1.23 $0.27
COMMON SHARES
Basic Shares Outstanding 580.0M shares 526.4M shares 485.5M shares
Diluted Shares Outstanding 526.4M shares 575.9M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $435.6M $790.1M $590.2M
YoY Change 140.26% 33.87% -35.87%
Cash & Equivalents $435.6M $790.1M $590.2M
Short-Term Investments
Other Short-Term Assets $19.93M $6.025M $23.22M
YoY Change -5.95% -74.06% -41.48%
Inventory
Prepaid Expenses $6.833M $11.31M $6.794M
Receivables $127.4M $198.2M $330.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $674.1M $1.109B $1.005B
YoY Change -18.97% 10.38% -28.4%
LONG-TERM ASSETS
Property, Plant & Equipment $491.8M $507.2M $578.9M
YoY Change -14.69% -12.37% 0.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.40M $10.40M
YoY Change 0.0%
Other Assets $13.24M $142.8M $77.07M
YoY Change -91.99% 85.23% -38.16%
Total Long-Term Assets $2.248B $2.994B $5.974B
YoY Change -65.03% -49.88% -4.67%
TOTAL ASSETS
Total Short-Term Assets $674.1M $1.109B $1.005B
Total Long-Term Assets $2.248B $2.994B $5.974B
Total Assets $2.922B $4.103B $6.978B
YoY Change -59.75% -41.2% -9.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $428.4M $445.0M $652.6M
YoY Change -16.8% -31.81% -15.7%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $0.00
YoY Change
Total Short-Term Liabilities $437.4M $496.5M $671.2M
YoY Change -44.24% -26.02% -23.9%
LONG-TERM LIABILITIES
Long-Term Debt $3.562B $3.937B $3.195B
YoY Change 11.48% 23.21% 0.02%
Other Long-Term Liabilities $14.81M $14.37M $16.42M
YoY Change -2.0% -12.47% -32.26%
Total Long-Term Liabilities $3.577B $3.951B $3.212B
YoY Change 11.42% 23.03% -0.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $437.4M $496.5M $671.2M
Total Long-Term Liabilities $3.577B $3.951B $3.212B
Total Liabilities $4.110B $4.506B $3.941B
YoY Change 1.49% 14.36% -12.12%
SHAREHOLDERS EQUITY
Retained Earnings -$6.993B -$6.328B -$3.511B
YoY Change 114.68% 80.21% 1.32%
Common Stock $630.0K $542.0K $483.0K
YoY Change 32.08% 12.22% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.742M $6.876M $6.823M
YoY Change -17.74% 0.78% -22.14%
Treasury Stock Shares 2.113M shares
Shareholders Equity -$1.698B -$1.067B $1.771B
YoY Change
Total Liabilities & Shareholders Equity $2.922B $4.103B $6.978B
YoY Change -59.75% -41.2% -9.01%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income -$784.0M -$640.4M $157.3M
YoY Change -349.62% -507.03% -293.18%
Depreciation, Depletion And Amortization $63.20M $77.80M $127.0M
YoY Change -48.83% -38.74% -16.94%
Cash From Operating Activities $12.60M $41.90M $164.9M
YoY Change -94.41% -74.59% -21.59%
INVESTING ACTIVITIES
Capital Expenditures -$331.0M -$124.8M -$415.1M
YoY Change -31.51% -69.93% 21.41%
Acquisitions
YoY Change
Other Investing Activities $21.10M $23.90M $6.500M
YoY Change 10450.0% 267.69% 85.71%
Cash From Investing Activities -$309.9M -$100.9M -$408.6M
YoY Change -35.85% -75.31% 20.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -57.40M -134.4M -84.80M
YoY Change -62.06% 58.49% 84.35%
NET CHANGE
Cash From Operating Activities 12.60M 41.90M 164.9M
Cash From Investing Activities -309.9M -100.9M -408.6M
Cash From Financing Activities -57.40M -134.4M -84.80M
Net Change In Cash -354.7M -193.4M -328.5M
YoY Change -13.28% -41.13% 88.68%
FREE CASH FLOW
Cash From Operating Activities $12.60M $41.90M $164.9M
Capital Expenditures -$331.0M -$124.8M -$415.1M
Free Cash Flow $343.6M $166.7M $580.0M
YoY Change -51.52% -71.26% 5.03%

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338417000 USD
CY2015Q3 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 USD
CY2014Q4 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
0 USD
CY2015Q3 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
695000 USD
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
338417000 USD
CY2015Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
122307000 USD
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
338417000 USD
CY2015Q3 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
119566000 USD
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
0 USD
CY2015Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
3436000 USD
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
0 USD
CY2015Q3 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
0 USD
CY2014Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
338417000 USD
CY2015Q3 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
113397000 USD
CY2014Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
132575000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
4792000 USD
CY2015Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
42211000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
59034000 USD
CY2014Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
0 USD
CY2015Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
695000 USD
CY2014Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
0 USD
CY2015Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
369000 USD
CY2014Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
0 USD
CY2015Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
326000 USD
CY2014Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 USD
CY2015Q3 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
2741000 USD
CY2014Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
11381000 USD
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
CY2015Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
CY2014Q3 us-gaap Direct Operating Costs
DirectOperatingCosts
117446000 USD
us-gaap Direct Operating Costs
DirectOperatingCosts
359123000 USD
CY2015Q3 us-gaap Direct Operating Costs
DirectOperatingCosts
87492000 USD
us-gaap Direct Operating Costs
DirectOperatingCosts
301204000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
10881000 USD
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
0 USD
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
16188000 USD
CY2014Q4 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
0 USD
CY2015Q3 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
0 USD
CY2014Q4 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
0 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-796460000 USD
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24589000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
95042000 USD
CY2015Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
34233000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
108764000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
196435000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
35710000 USD
CY2015Q3 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
0 USD
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-6.14
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.23
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-6.14
us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
0 USD
us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
10146000 USD
CY2014Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1500000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4500000 USD
CY2015Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
900000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3200000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
14000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2014Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
995000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
978000 USD
CY2015Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-6771000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-2097000 USD
CY2014Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2015Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
340699000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
358633000 USD
CY2014Q3 us-gaap Gas Gathering Transportation Marketing And Processing Costs
GasGatheringTransportationMarketingAndProcessingCosts
11405000 USD
us-gaap Gas Gathering Transportation Marketing And Processing Costs
GasGatheringTransportationMarketingAndProcessingCosts
40659000 USD
CY2015Q3 us-gaap Gas Gathering Transportation Marketing And Processing Costs
GasGatheringTransportationMarketingAndProcessingCosts
6633000 USD
us-gaap Gas Gathering Transportation Marketing And Processing Costs
GasGatheringTransportationMarketingAndProcessingCosts
22464000 USD
CY2014Q3 us-gaap Gas Gathering Transportation Marketing And Processing Revenue
GasGatheringTransportationMarketingAndProcessingRevenue
11922000 USD
us-gaap Gas Gathering Transportation Marketing And Processing Revenue
GasGatheringTransportationMarketingAndProcessingRevenue
44706000 USD
CY2015Q3 us-gaap Gas Gathering Transportation Marketing And Processing Revenue
GasGatheringTransportationMarketingAndProcessingRevenue
8838000 USD
us-gaap Gas Gathering Transportation Marketing And Processing Revenue
GasGatheringTransportationMarketingAndProcessingRevenue
26208000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3537000000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1064000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2131000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
90000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
543000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
157615000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-59084000 USD
CY2015Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2014Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
90133000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2015Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2014Q3 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
320000 shares
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
0 shares
CY2015Q3 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
0 shares
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
0 shares
CY2014Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
59783000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
183689000 USD
CY2015Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
77000000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
213569000 USD
CY2014Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-59783000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-183689000 USD
CY2015Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-77000000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-213569000 USD
us-gaap Interest Paid Net
InterestPaidNet
209939000 USD
us-gaap Interest Paid Net
InterestPaidNet
213578000 USD
CY2014Q4 us-gaap Land
Land
16300000 USD
CY2015Q3 us-gaap Land
Land
14490000 USD
CY2014Q3 us-gaap Lease Operating Expense
LeaseOperatingExpense
82664000 USD
us-gaap Lease Operating Expense
LeaseOperatingExpense
256473000 USD
CY2015Q3 us-gaap Lease Operating Expense
LeaseOperatingExpense
72884000 USD
us-gaap Lease Operating Expense
LeaseOperatingExpense
244158000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
4049405000 USD
CY2015Q3 us-gaap Liabilities
Liabilities
4506352000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7259225000 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4103082000 USD
CY2014Q4 us-gaap Liabilities Current
LiabilitiesCurrent
784451000 USD
CY2015Q3 us-gaap Liabilities Current
LiabilitiesCurrent
496540000 USD
CY2014Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2015Q3 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
3195436000 USD
CY2015Q3 us-gaap Long Term Debt
LongTermDebt
3936994000 USD
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2015Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3195436000 USD
CY2015Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3936994000 USD
CY2014Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
602392000 USD
CY2015Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
431569000 USD
CY2014Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
11106000 USD
CY2015Q3 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
10444000 USD
CY2014Q4 us-gaap Minority Interest
MinorityInterest
1271995000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
115301000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-246010000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
977752000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-374091000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-729749000 USD
CY2015Q3 us-gaap Minority Interest
MinorityInterest
663451000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
395684000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
360886000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
157338000 USD
us-gaap Net Income Loss
NetIncomeLoss
-11892000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
-640412000 USD
us-gaap Net Income Loss
NetIncomeLoss
-3043847000 USD
CY2014Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
40161000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
49733000 USD
CY2015Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-156073000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-493243000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
145957000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-51036000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-649526000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3070916000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
157338000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-51036000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-649526000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-3070916000 USD
CY2014Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-60056000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-180530000 USD
CY2015Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
263273000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
146272000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2014Q4 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
11997743000 USD
CY2015Q3 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
12563208000 USD
CY2014Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
5638594000 USD
CY2015Q3 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
2327839000 USD
CY2014Q3 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
359613000 USD
us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
1104835000 USD
CY2015Q3 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
165135000 USD
us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
575399000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
256491000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
216240000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1059733000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-3683272000 USD
CY2014Q4 us-gaap Other Assets Current
OtherAssetsCurrent
21193000 USD
CY2015Q3 us-gaap Other Assets Current
OtherAssetsCurrent
6025000 USD
CY2014Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1853000 USD
CY2015Q3 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
614000 USD
CY2014Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
165247000 USD
CY2015Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
142750000 USD
CY2014Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
14417000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
45350000 USD
CY2015Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
11379000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
37234000 USD
CY2014Q3 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
24589000 USD
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
95042000 USD
CY2015Q3 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
34233000 USD
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
108764000 USD
CY2014Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5216000 USD
CY2015Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
0 USD
CY2014Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
15116000 USD
CY2015Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
14371000 USD
CY2014Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-273000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3159000 USD
CY2015Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-426000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1208000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
488000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
1772000 USD
CY2014Q3 us-gaap Other Operating Income
OtherOperatingIncome
1224000 USD
us-gaap Other Operating Income
OtherOperatingIncome
5056000 USD
CY2015Q3 us-gaap Other Operating Income
OtherOperatingIncome
1607000 USD
us-gaap Other Operating Income
OtherOperatingIncome
3802000 USD
us-gaap Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
44128000 USD
us-gaap Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
0 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
16920000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-32156000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
17542000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
48021000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
45025000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
11262000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
16920000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
3231000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1071465000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
761905000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
150440000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
115301000 USD
CY2014Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
11381000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
39144000 USD
CY2015Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
9114000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
27069000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2015Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
us-gaap Profit Loss
ProfitLoss
-3537090000 USD
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2015Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2014Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
7981000 USD
CY2015Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
11308000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2190000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-95570000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-62481000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
714294000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
35387000 USD
CY2014Q3 us-gaap Production Tax Expense
ProductionTaxExpense
8380000 USD
us-gaap Production Tax Expense
ProductionTaxExpense
24027000 USD
CY2015Q3 us-gaap Production Tax Expense
ProductionTaxExpense
3652000 USD
us-gaap Production Tax Expense
ProductionTaxExpense
12548000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
197499000 USD
us-gaap Profit Loss
ProfitLoss
37841000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
-796485000 USD
CY2014Q3 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
467828000 USD
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
1120537000 USD
CY2015Q3 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
113297000 USD
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
601052000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
881883000 USD
CY2015Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
692906000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
576463000 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
507247000 USD
CY2015Q3 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
2700000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1034466000 USD
CY2014Q3 us-gaap Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
1116000 USD
us-gaap Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
7927000 USD
CY2015Q3 us-gaap Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
1132000 USD
us-gaap Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
3323000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-3257202000 USD
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-6328118000 USD
CY2014Q3 us-gaap Revenue Oil And Gas Services
RevenueOilAndGasServices
21348000 USD
us-gaap Revenue Oil And Gas Services
RevenueOilAndGasServices
57280000 USD
CY2015Q3 us-gaap Revenue Oil And Gas Services
RevenueOilAndGasServices
4572000 USD
us-gaap Revenue Oil And Gas Services
RevenueOilAndGasServices
19658000 USD
CY2014Q3 us-gaap Revenues
Revenues
394107000 USD
us-gaap Revenues
Revenues
1211877000 USD
CY2015Q3 us-gaap Revenues
Revenues
180152000 USD
us-gaap Revenues
Revenues
625067000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
15853000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
15170000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
2347000 USD
us-gaap Unamortized Costs Capitalized Less Related Deferred Income Taxes Exceed Ceiling Limitation Expense
UnamortizedCostsCapitalizedLessRelatedDeferredIncomeTaxesExceedCeilingLimitationExpense
164800000 USD
CY2015Q3 us-gaap Unamortized Costs Capitalized Less Related Deferred Income Taxes Exceed Ceiling Limitation Expense
UnamortizedCostsCapitalizedLessRelatedDeferredIncomeTaxesExceedCeilingLimitationExpense
1000000000 USD
us-gaap Unamortized Costs Capitalized Less Related Deferred Income Taxes Exceed Ceiling Limitation Expense
UnamortizedCostsCapitalizedLessRelatedDeferredIncomeTaxesExceedCeilingLimitationExpense
3600000000 USD
CY2014Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
100000 USD
CY2015Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
100000 USD
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
575911000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
485194000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
526388000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
500077000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
485458000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
485194000 shares
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1937825000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
-1066721000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3209820000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-403270000 USD
us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
CY2014Q4 us-gaap Treasury Stock Value
TreasuryStockValue
6980000 USD
CY2015Q3 us-gaap Treasury Stock Value
TreasuryStockValue
6876000 USD
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
526388000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
500077000 shares
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
7108000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications.</font><font style="font-family:inherit;font-size:10pt;"> Certain reclassifications have been made to the prior period financial statements to conform to the current period presentation. These reclassifications have no effect on the Company&#8217;s previously reported results of operations. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates.</font><font style="font-family:inherit;font-size:10pt;">&#160;The preparation of the accompanying unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The more significant areas requiring the use of assumptions, judgments and estimates include: oil, natural gas and natural gas liquids (&#8220;NGL&#8221;) reserves; cash flow estimates used in the valuation of guarantees; impairment tests of long-lived assets; depreciation, depletion and amortization; asset retirement obligations; determinations of significant alterations to the full cost pool and related estimates of fair value used to allocate the full cost pool net book value to divested properties, as necessary; income taxes; valuation of derivative instruments; contingencies; and accrued revenue and related receivables. Although management believes these estimates are reasonable, actual results could differ significantly.</font></div></div>

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