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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (1,895,299) $ 22,713
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 142,671 115,946
Amortization of intangible assets 3,626 3,626
Exploration expense, non-cash 555,189 483
Impairment of oil and natural gas properties 1,381,258 0
Asset retirement obligations accretion expense 1,438 1,328
Amortization of deferred financing costs 896 871
Deferred tax expense (benefit) (74,654) 3,415
Stock based compensation 2,879 2,432
Other (447) (393)
Changes in operating assets and liabilities:    
Accounts receivable 28,031 5,012
Accrued liabilities (16,547) (29,955)
Accounts payable 6,726 (6,729)
Drilling advances (563) (599)
Other assets and liabilities, net (326) (1,588)
Net cash provided by operating activities 134,878 116,562
CASH FLOWS FROM INVESTING ACTIVITIES    
Acquisition of EnerVest properties 0 4,250
Acquisitions, other (69,390) (53,326)
Additions to oil and natural gas properties (94,210) (134,435)
Other investing (200) 197
Net cash used in investing activities (163,800) (183,314)
CASH FLOW FROM FINANCING ACTIVITIES    
Contributions from noncontrolling interest owners 0 7,301
Distributions to noncontrolling interest owners (284) 0
Class A Common Stock repurchase (6,483) 0
Other financing activities (452) 0
Net cash provided by (used in) financing activities (7,219) 7,301
NET CHANGE IN CASH AND CASH EQUIVALENTS (36,141) (59,451)
Cash and cash equivalents – Beginning of period 182,633 135,758
Cash and cash equivalents – End of period 146,492 76,307
Supplemental non-cash operating activity:    
Cash paid for interest 12,540 12,571
Supplemental non-cash investing and financing activity:    
Accruals or liabilities for capital expenditures 47,903 61,778
Supplemental non-cash lease operating activity:    
Right-of-use assets obtained in exchange for operating lease obligations $ 0 $ 2,516