FORM 10-K FOR FISCAL YEAR ENDED DECEMBER 31, 2007 |
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PART II |
Item 6. Selected Financial Data |
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(In
thousands except per share and well amounts)
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2007
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2006
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2005
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2004
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2003
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Total
Revenues from Continuing Operations (1)
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$ | 654,121 | $ | 550,836 | $ | 354,365 | $ | 257,313 | $ | 161,092 | ||||||||||
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Income
from Continuing Operations, Before Income
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Taxes and
Change in Accounting Principle (1)
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$ | 244,556 | $ | 248,308 | $ | 156,129 | $ | 86,083 | $ | 37,688 | ||||||||||
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Income
from Continuing Operations (1)
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$ | 152,588 | $ | 151,074 | $ | 97,880 | $ | 54,340 | $ | 22,396 | ||||||||||
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Net
Cash Provided by Operating Activities -
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Continuing
Operations
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$ | 442,282 | $ | 383,241 | $ | 236,791 | $ | 147,114 | $ | 81,376 | ||||||||||
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Per
Share and Share Data
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Weighted
Average Shares Outstanding(1)
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29,984 | 29,265 | 28,496 | 27,822 | 27,358 | |||||||||||||||
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Earnings
per Share--Basic(1)
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$ | 5.09 | $ | 5.16 | $ | 3.43 | $ | 1.95 | $ | 0.82 | ||||||||||
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Earnings
per Share--Diluted(1)
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$ | 4.98 | $ | 5.03 | $ | 3.34 | $ | 1.92 | $ | 0.81 | ||||||||||
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Shares
Outstanding at Year-End
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30,179 | 29,743 | 29,010 | 28,090 | 27,484 | |||||||||||||||
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Book
Value per Share at Year-End
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$ | 27.70 | $ | 26.83 | $ | 20.94 | $ | 16.88 | $ | 14.46 | ||||||||||
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Market
Price
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High
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$ | 47.72 | $ | 51.84 | $ | 50.01 | $ | 30.34 | $ | 18.00 | ||||||||||
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Low
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$ | 35.98 | $ | 35.48 | $ | 24.77 | $ | 15.90 | $ | 7.60 | ||||||||||
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Year-End
Close
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$ | 44.03 | $ | 44.81 | $ | 45.07 | $ | 28.94 | $ | 16.85 | ||||||||||
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Effect
on Income from Continuing Operations and
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Earnings
per Share From Changes in Accounting
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Principles
(2)
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Cumulative
Effect of Change in Accounting
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Principle
(Net of Taxes)
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--- | --- | --- | --- | $ | (4,145 | ) | |||||||||||||
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Effect
per Share—Basic
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--- | --- | --- | --- | $ | (0.15 | ) | |||||||||||||
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Effect
per Share—Diluted
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--- | --- | --- | --- | $ | (0.15 | ) | |||||||||||||
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Assets
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Current
Assets
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$ | 199,950 | $ | 83,783 | $ | 110,199 | $ | 51,694 | $ | 31,398 | ||||||||||
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Property
& Equipment, Net of Accumulated
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Depreciation,
Depletion, and Amortization
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$ | 1,760,195 | $ | 1,239,722 | $ | 862,717 | $ | 731,868 | $ | 641,366 | ||||||||||
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Total
Assets
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$ | 1,969,051 | $ | 1,585,682 | $ | 1,204,413 | $ | 990,573 | $ | 859,839 | ||||||||||
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Liabilities
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