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Consolidated statements of cash flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net income (loss) $ 145,008 $ (874,173) $ (342,459)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Share-settled equity-based compensation, net 7,675 8,217 8,290
Depletion, depreciation and amortization 215,355 217,101 265,746
Impairment expense 1,613 899,039 620,889
Gain on sale of oil and natural gas properties, net (93,482) 0 0
Mark-to-market on derivatives:      
(Gain) loss on derivatives, net 452,175 (80,114) (79,151)
Settlements (paid) received for matured derivatives, net (320,868) 228,221 63,221
Settlements received (paid) for early-terminated commodity derivatives, net 0 6,340 (5,409)
Premiums received (paid) for commodity derivatives 9,041 (51,070) (9,063)
Amortization of debt issuance costs 5,146 4,321 3,341
Amortization of operating lease right-of-use assets 13,609 13,070 14,563
Gain on extinguishment of debt, net 0 (8,989) 0
Deferred income tax expense (benefit) 2,321 (3,946) (2,588)
Other, net 13,564 5,332 3,887
Changes in operating assets and liabilities:      
Accounts receivable, net (87,831) 21,117 8,924
Other current assets (8,767) 6,275 (14,059)
Other noncurrent assets, net (8,782) (6,768) 2,327
Accounts payable and accrued liabilities 31,387 (2,242) (28,983)
Undistributed revenue and royalties 81,201 (8,395) (16,037)
Other current liabilities 33,331 19,944 (13,968)
Other noncurrent liabilities 4,975 (9,890) (4,397)
Net cash provided by operating activities 496,671 383,390 475,074
Cash flows from investing activities:      
Acquisitions of oil and natural gas properties, net (763,411) (35,786) (199,284)
Capital expenditures:      
Oil and natural gas properties (418,362) (347,359) (458,985)
Midstream service assets (2,849) (3,171) (7,910)
Other fixed assets (5,931) (4,259) (2,433)
Proceeds from dispositions of capital assets, net of selling costs 393,742 1,337 6,901
Net cash used in investing activities (796,811) (389,238) (661,711)
Cash flows from financing activities:      
Borrowings on Senior Secured Credit Facility 570,000 80,000 275,000
Payments on Senior Secured Credit Facility (720,000) (200,000) (90,000)
Extinguishment of debt 0 (846,994) 0
Proceeds from issuance of common stock, net of offering costs 72,492 0 0
Stock exchanged for tax withholding (2,596) (779) (2,657)
Payments for debt issuance costs (14,686) (18,479) 0
Other 2,971 0 0
Net cash provided by financing activities 308,181 13,748 182,343
Net increase (decrease) in cash and cash equivalents 8,041 7,900 (4,294)
Cash and cash equivalents, beginning of period 48,757 40,857 45,151
Cash and cash equivalents, end of period 56,798 48,757 40,857
January 2025 Notes & January 2028 Notes      
Cash flows from financing activities:      
Issuance of Notes 0 1,000,000 0
July 2029 Notes      
Cash flows from financing activities:      
Issuance of Notes $ 400,000 $ 0 $ 0