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Consolidated statements of cash flows - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Mar. 21, 2017
Dec. 31, 2017
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities        
Net (loss) income $ 1,041,959 $ (118,902) $ (468,948) $ 33,442
Adjustments to reconcile net (loss) income to net cash provided by operating activities:        
Non-cash reorganization items (1,012,090) 0 0 0
Depreciation, depletion and amortization 24,915 92,599 109,633 87,888
Impairment of oil and gas assets 0 42,146 430,695 20,065
Impairment of other assets 0 179 7,188 0
Derivative losses (gains) (48,006) 30,802 33,198 (19,297)
Loss (gain) on sale of assets (206) 25,996 6 2,582
Loss on extinguishment of debt 0 635 1,624 0
Other 645 1,573 2,850 5,470
Change in assets and liabilities:        
Accounts receivable 198 (12,092) 14,040 (6,337)
Inventories 466 (489) 393 236
Prepaid expenses and other assets (497) 3,245 (867) (160)
Accounts payable and accrued liabilities 8,733 2,622 (13,114) 3,441
Revenue distribution payable (1,875) 6,941 (3,855) 8,649
Deferred compensation 143 9,714 814 10,262
Net cash provided by operating activities 14,385 84,969 113,657 146,241
Cash flows from investing activities        
Expenditures for property, plant, and equipment and oil and natural gas properties (31,179) (157,718) (267,068) (324,063)
Proceeds from asset dispositions 1,884 189,735 14,667 50,523
Proceeds from derivative instruments 1,285 15,676 7,567  
Payments for derivative instruments       (18,510)
Cash in escrow 0 42    
Net cash (used in) provided by investing activities (28,010) 47,735 (244,834) (292,050)
Cash flows from financing activities        
Proceeds from long-term debt 270,000 33,000 130,000 116,000
Repayment of long-term debt (444,785) (176,407) (8,744) (243,722)
Issuance of Senior Notes 0 0 0 300,000
Proceeds from rights offering, net 50,031 0 0 0
Principal payments under financing lease obligations (568) (2,017) (2,102) (2,683)
Debt extinguishment costs 0 0 (1,624) 0
Cash settlement of stock based awards 0 0 (10) 0
Payment of debt issuance costs and other financing fees 0 (4,671) (20) (9,136)
Treasury stock purchased (2,410) 0 (1,174) (4,936)
Net cash provided by (used in) financing activities (127,732) (150,095) 116,326 155,523
Net (decrease) increase in cash and cash equivalents (141,357) (17,391) (14,851) 9,714
Cash and cash equivalents at beginning of period 186,480 45,123 37,446 27,732
Cash and cash equivalents at end of period $ 45,123 $ 27,732 $ 22,595 $ 37,446