XML 17 R6.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities        
Net loss $ (45,229) $ (21,993) $ (148,769) $ (33,435)
Adjustments to reconcile net loss to net cash provided by operating activities        
Depreciation, depletion and amortization 30,282 20,407 53,997 41,513
Derivative losses (17,734) 32,286 33,282 48,787
Impairment of oil and gas assets 63,593 0 113,315 0
Impairment of other assets 6,407 0 6,407 0
(Gain) loss on sale of assets (491) (469) (490) 575
Other     1,621 3,578
Change in assets and liabilities        
Accounts receivable     13,584 (7,660)
Inventories     40 (3,162)
Prepaid expenses and other assets     1,055 286
Accounts payable and accrued liabilities     (18,389) (4,221)
Revenue distribution payable     600 7,243
Deferred compensation     1,852 6,566
Net cash provided by operating activities     58,105 60,070
Cash flows from investing activities        
Expenditures for property, plant, and equipment and oil and natural gas properties     (146,434) (176,275)
Proceeds from asset dispositions     857 6,591
Proceeds from (payments on) derivative instruments, net     653 (9,769)
Net cash used in investing activities     (144,924) (179,453)
Cash flows from financing activities        
Proceeds from long-term debt     85,000 116,000
Repayment of long-term debt     (343) (243,391)
Proceeds from Senior Notes     0 300,000
Principal payments under financing lease obligations     (1,445) (1,329)
Payment of debt issuance costs and other financing fees     (20) (6,316)
Treasury stock purchased     (1,171) (4,872)
Net cash provided by financing activities     82,021 160,092
Net (decrease) increase in cash and cash equivalents     (4,798) 40,709
Cash and cash equivalents, at beginning of period     37,446 27,732
Cash and cash equivalents, at end of period $ 32,648 $ 68,441 $ 32,648 $ 68,441