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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities        
Net loss $ (438,726) $ (45,229) $ (433,809) $ (148,769)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities        
Depreciation, depletion and amortization 14,821 30,282 37,833 53,997
Derivative (gains) losses 13,019 (17,734) (65,361) 33,282
Impairment of oil and gas assets 384,639 63,593 456,010 113,315
Impairment of other assets 310 6,407 463 6,407
Write-off of Senior Note issuance costs 4,420 0 4,420 0
Loss (gain) on sale of assets 261 (491) 159 (490)
Other     4,612 1,621
Change in assets and liabilities        
Accounts receivable     6,206 13,584
Inventories     747 40
Prepaid expenses and other assets     (1,277) 1,055
Accounts payable and accrued liabilities     (7,217) (18,389)
Revenue distribution payable     (13,049) 600
Deferred compensation     844 1,852
Net cash (used in) provided by operating activities     (9,419) 58,105
Cash flows from investing activities        
Expenditures for property, plant, and equipment and oil and natural gas properties     (86,862) (146,434)
Proceeds from asset dispositions     3,370 857
Proceeds from derivative instruments, net     32,089 653
Net cash used in investing activities     (51,403) (144,924)
Cash flows from financing activities        
Proceeds from long-term debt     120,000 85,000
Repayment of long-term debt     (25,313) (343)
Principal payments under financing lease obligations (107) (746) (212) (1,445)
Payment of debt issuance costs and other financing fees     (93) (20)
Treasury stock purchased     (18) (1,171)
Net cash provided by financing activities     94,364 82,021
Net increase (decrease) in cash and cash equivalents     33,542 (4,798)
Cash and cash equivalents, at beginning of period     22,595 37,446
Cash and cash equivalents, at end of period $ 56,137 $ 32,648 $ 56,137 $ 32,648