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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities        
Net loss $ (130,935) $ (12,068) $ (279,704) $ (45,503)
Adjustments to reconcile net loss to net cash provided by operating activities        
Depreciation, depletion and amortization 28,021 22,252 82,018 63,765
Derivative losses (23,601) 23,677 9,681 72,464
Impairment of oil and gas assets 147,686 0 261,001 0
Impairment of other assets 0 0 6,407 0
(Gain) loss on sale of assets (141) 2,024 (631) 2,599
Other     3,630 4,376
Change in assets and liabilities        
Accounts receivable     20,446 (6,743)
Inventories     144 (1,415)
Prepaid expenses and other assets     645 322
Accounts payable and accrued liabilities     (24,685) (12,383)
Revenue distribution payable     (9,950) 10,895
Deferred compensation     1,534 7,890
Net cash provided by operating activities     70,536 96,267
Cash flows from investing activities        
Expenditures for property, plant, and equipment and oil and natural gas properties     (202,830) (252,731)
Proceeds from asset dispositions     14,333 36,335
Proceeds from (payments on) derivative instruments, net     5,536 (16,642)
Net cash used in investing activities     (182,961) (233,038)
Cash flows from financing activities        
Proceeds from long-term debt     110,000 116,000
Repayment of long-term debt     (8,682) (243,554)
Proceeds from Senior Notes     0 300,000
Principal payments under financing lease obligations     (2,002) (2,003)
Payment of debt issuance costs and other financing fees     (20) (7,572)
Debt extinguishment costs     (1,602) 0
Cash settlements of stock based awards     (10) 0
Treasury stock purchased     (1,171) (4,872)
Net cash provided by financing activities     96,513 157,999
Net (decrease) increase in cash and cash equivalents     (15,912) 21,228
Cash and cash equivalents, at beginning of period     37,446 27,732
Cash and cash equivalents, at end of period $ 21,534 $ 48,960 $ 21,534 $ 48,960