XML 18 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities    
Net income (loss) $ (28,920) $ (3,515)
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depletion, depreciation, and amortization 41,441 35,654
Exploration (dry hole and lease abandonment) 602 1,643
Accretion of ARO liability 251 201
Amortization of debt issuance costs 4,881 977
Stock compensation expense 1,330 1,972
Deferred and other non-cash compensation expense 77 136
Amortization of deferred revenue (374) (458)
(Gain) loss on commodity derivatives 9,022 (22,320)
(Gain) loss on sales of assets (3,124) 64
Deferred income tax provision (2,992) 21
Change in liability under tax receivable agreement (3,482) (686)
Other - net 351 59
Changes in operating assets and liabilities    
Accounts receivable (10,736) (220)
Other assets 7,580 (4,912)
Accrued interest expense 8,630 3,348
Accounts payable and accrued liabilities 15,047 1,619
Net cash provided by operations 39,584 13,583
Cash flows from investing activities    
Additions to oil and gas properties (70,202) (47,110)
Net adjustments to purchase price of properties acquired   2,391
Proceeds from sales of assets 7,703 144
Acquisition of other property, plant and equipment (31) (192)
Current period settlements of matured derivative contracts (10,262) 27,854
Net cash (used in) investing (72,792) (16,913)
Cash flows from financing activities    
Proceeds from issuance of long-term debt 20,000 30,000
Repayment of long-term debt (206,000) (53,000)
Proceeds from senior notes 438,867  
Payment of debt issuance costs (7,979)  
Payment of cash dividends on preferred stock   (1,840)
Net distributions paid to JEH unitholders   (562)
Net payments for share based compensation (66) (31)
Proceeds from sale of common stock   2,829
Net cash provided by / (used in) financing 244,822 (22,604)
Net increase (decrease) in cash and cash equivalents 211,614 (25,934)
Cash and cash equivalents    
Beginning of period 19,472 34,642
End of period 231,086 8,708
Supplemental disclosure of cash flow information    
Cash paid for interest, net of capitalized interest 8,644 8,559
Change in accrued additions to oil and gas properties (2,586) 13,294
Asset retirement obligations incurred, including changes in estimate $ 49 $ 413