| |
|
(in
thousands except per share and well amounts)
|
|
2008
|
|
|
2007
|
|
|
2006
|
|
|
2005
|
|
|
2004
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Revenues from Continuing Operations (1)
|
|
$ |
820,815 |
|
|
$ |
654,121 |
|
|
$ |
550,836 |
|
|
$ |
354,365 |
|
|
$ |
257,313 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income
(Loss) from Continuing Operations, Before
Income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Taxes
and Change in Accounting Principle (1)
|
|
$ |
(412,758 |
) |
|
$ |
244,556 |
|
|
$ |
248,308 |
|
|
$ |
156,129 |
|
|
$ |
86,083 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income
(Loss) from Continuing Operations (1)
|
|
$ |
(257,130 |
) |
|
$ |
152,588 |
|
|
$ |
151,074 |
|
|
$ |
97,880 |
|
|
$ |
54,340 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net
Cash Provided by Operating Activities -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Continuing
Operations
|
|
$ |
582,027 |
|
|
$ |
442,282 |
|
|
$ |
383,241 |
|
|
$ |
236,791 |
|
|
$ |
147,114 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Per
Share and Share Data
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Weighted
Average Shares Outstanding(1)
|
|
|
30,661 |
|
|
|
29,984 |
|
|
|
29,265 |
|
|
|
28,496 |
|
|
|
27,822 |
|
|
Earnings
per Share--Basic(1)
|
|
$ |
(8.39 |
) |
|
$ |
5.09 |
|
|
$ |
5.16 |
|
|
$ |
3.43 |
|
|
$ |
1.95 |
|
|
Earnings
per Share--Diluted(1)
|
|
$ |
(8.39 |
) |
|
$ |
4.98 |
|
|
$ |
5.03 |
|
|
$ |
3.34 |
|
|
$ |
1.92 |
|
|
Shares
Outstanding at Year-End
|
|
|
30,869 |
|
|
|
30,179 |
|
|
|
29,743 |
|
|
|
29,010 |
|
|
|
28,090 |
|
|
Book
Value per Share at Year-End
|
|
$ |
19.47 |
|
|
$ |
27.70 |
|
|
$ |
26.83 |
|
|
$ |
20.94 |
|
|
$ |
16.88 |
|
|
Market
Price
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
High
|
|
$ |
67.03 |
|
|
$ |
47.72 |
|
|
$ |
51.84 |
|
|
$ |
50.01 |
|
|
$ |
30.34 |
|
|
Low
|
|
$ |
15.30 |
|
|
$ |
35.98 |
|
|
$ |
35.48 |
|
|
$ |
24.77 |
|
|
$ |
15.90 |
|
|
Year-End
Close
|
|
$ |
16.81 |
|
|
$ |
44.03 |
|
|
$ |
44.81 |
|
|
$ |
45.07 |
|
|
$ |
28.94 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Assets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
Assets
|
|
$ |
78,086 |
|
|
$ |
199,950 |
|
|
$ |
83,783 |
|
|
$ |
110,199 |
|
|
$ |
51,694 |
|
|
Property
& Equipment, Net of Accumulated
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Depreciation,
Depletion, and Amortization
|
|
$ |
1,431,447 |
|
|
$ |
1,760,195 |
|
|
$ |
1,239,722 |
|
|
$ |
862,717 |
|
|
$ |
731,868 |
|
|
Total
Assets
|
|
$ |
1,517,288 |
|
|
$ |
1,969,051 |
|
|
$ |
1,585,682 |
|
|
$ |
1,204,413 |
|
|
$ |
990,573 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
Liabilities
|
|
$ |
153,499 |
|
|
$ |
210,161 |
|
|
$ |
145,471 |
|
|
$ |
98,421 |
|
|
$ |
68,618 |
|
|
Long-Term
Debt
|
|
$ |
580,700 |
|
|
$ |
587,000 |
|
|
$ |
381,400 |
|
|
$ |
350,000 |
|
|
$ |
357,500 |
|
|
Total
Liabilities
|
|
$ |
916,411 |
|
|
$ |
1,132,997 |
|
|
$ |
787,765 |
|
|
$ |
597,094 |
|
|
$ |
516,401 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Stockholders’
Equity
|
|
$ |
600,877 |
|
|
$ |
836,054 |
|
|
$ |
797,917 |
|
|
$ |
607,318 |
|
|
$ |
474,172 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Number
of Domestic Employees
|
|
|
334 |
|
|
|
298 |
|
|
|
272 |
|
|
|
236 |
|
|
|
203 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Domestic
Producing Wells
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Swift
Operated
|
|
|
1,168 |
|
|
|
1,091 |
|
|
|
926 |
|
|
|
854 |
|
|
|
798 |
|
|
Outside
Operated
|
|
|
159 |
|
|
|
127 |
|
|
|
112 |
|
|
|
69 |
|
|
|
97 |
|
|
Total
Domestic Producing Wells
|
|
|
1,327 |
|
|
|
1,218 |
|
|
|
1,038 |
|
|
|
923 |
|
|
|
895 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Domestic
Wells Drilled (Gross)
|
|
|
126 |
|
|
|
69 |
|
|
|
55 |
|
|
|
54 |
|
|
|
54 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Domestic
Proved Reserves
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural
Gas (Bcf)
|
|
|
292.4 |
|
|
|
343.8 |
|
|
|
269.7 |
|
|
|
225.3 |
|
|
|
237.9 |
|
|
Oil,
NGL, & Condensate (MMBbls)
|
|
|
67.7 |
|
|
|
76.5 |
|
|
|
73.5 |
|
|
|
69.8 |
|
|
|
69.1 |
|
|
Total
Domestic Proved Reserves (MMBoe equivalent)
|
|
|
116.4 |
|
|
|
133.8 |
|
|
|
118.4 |
|
|
|
107.3 |
|
|
|
108.8 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Domestic
Production (MMBoe equivalent)
|
|
|
10.0 |
|
|
|
10.6 |
|
|
|
9.4 |
|
|
|
7.2 |
|
|
|
7.0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Domestic
Average Sales Price (2)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Natural
Gas (per Mcf)
|
|
$ |
8.54 |
|
|
$ |
6.42 |
|
|
$ |
6.44 |
|
|
$ |
7.40 |
|
|
$ |
5.74 |
|
|
Natural
Gas Liquids (per barrel)
|
|
$ |
57.15 |
|
|
$ |
49.72 |
|
|
$ |
38.70 |
|
|
$ |
34.00 |
|
|
$ |
24.84 |
|
|
Oil
(per barrel)
|
|
$ |
101.38 |
|
|
$ |
71.92 |
|
|
$ |
64.28 |
|
|
$ |
53.45 |
|
|
$ |
40.04 |
|
|
Boe
Equivalent
|
|
$ |
79.00 |
|
|
$ |
61.49 |
|
|
$ |
56,89 |
|
|
$ |
49.61 |
|
|
$ |
36.90 |
|
|