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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (3,736,096) $ (28,003)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation, depletion and amortization 274,680 173,723
Leasehold abandonments and impairments 556,512 22,189
Impairment of oil and gas properties 4,374,253 0
Accretion of asset retirement obligations 435 345
Loss on early extinguishment of debt 21,388 0
Stock-based compensation 11,140 5,322
Deferred income tax benefit (570,963) (7,790)
Change in TRA liability (70,529) 0
Gain on sale of property (10) 0
(Gain) loss on derivatives (545,692) 119,687
Net cash received (paid) for derivative settlements 16,902 (5,072)
Net cash received (paid) for option premiums 17,995 (10,440)
Other 3,269 1,056
Changes in operating assets and liabilities, net of acquisitions:    
Accounts receivable 145,516 (37,989)
Accounts receivable—related parties (5,729) (2,110)
Other current assets (3,601) 1,438
Other noncurrent assets 91 (3,308)
Accounts payable and accrued expenses (129,560) (15,063)
Revenue and severance taxes payable 25,873 (926)
Other noncurrent liabilities 69 0
Net cash provided by operating activities 385,943 213,059
CASH FLOWS FROM INVESTING ACTIVITIES:    
Development of oil and natural gas properties (281,871) (352,650)
Acquisitions of oil and natural gas properties (7,411) (13,846)
Cash acquired from the Jagged Peak acquisition 53,347 0
Additions to other property and equipment (2,146) (11,106)
Proceeds from sales of property, plant and equipment 265 17,486
Other (1,142) 809
Net cash used in investing activities (238,958) (359,307)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under long-term debt 1,140,000 120,000
Payments on long-term debt (1,223,752) (120,000)
Payments on financing lease obligations (639) (676)
Debt issuance costs (6,407) 0
Repurchase of common stock (11,049) (5,309)
Dividends and distributions paid (20,603) 0
Distributions to owners from consolidated subsidiary 0 (603)
Net cash used in financing activities (122,450) (6,588)
Net increase (decrease) in cash, cash equivalents and restricted cash 24,535 (152,836)
Cash, cash equivalents and restricted cash at beginning of period 20,739 163,216
Cash, cash equivalents and restricted cash at end of period 45,274 10,380
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for interest (38,049) (30,493)
Cash received for income taxes 0 240
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:    
Asset retirement obligations incurred, including changes in estimate 3,556 219
Additions to oil and natural gas properties - change in capital accruals 96,893 53,654
Common stock issued for oil and natural gas properties 1,776,199 0
Net premiums on options that settled during the period $ (13,004) $ (9,516)