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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net (loss) income $ (25,151) $ 178,204
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation, depletion and amortization 119,605 117,338
Amortization of debt issuance costs 1,952 1,531
Stock-based compensation expense 11,336 12,623
Deferred income taxes (10,397) 6,211
Other operating expenses (income) 1,283 (120)
Derivative activities:    
Total losses 48,901 40,902
Cash settlements on derivatives 15,511 (84,519)
Changes in assets and liabilities:    
Decrease (increase) in accounts receivable 11,644 (7,334)
(Increase) decrease in other assets (3,820) 2,320
Decrease in accounts payable and accrued expenses (53,347) (11,281)
Increase (decrease) in other liabilities 2,122 (341)
Net cash provided by operating activities 119,639 255,534
Capital expenditures:    
Capital expenditures (56,124) (102,523)
Changes in capital expenditures accruals (10,431) 14,129
Acquisitions, net of cash received (59,895) (21,270)
Net cash used in investing activities (126,450) (109,664)
Cash flows from financing activities:    
Dividends paid on common stock (62,274) (73,844)
Purchase of treasury stock (10,029) (41,700)
Shares withheld for payment of taxes on equity awards and other (6,936) (4,136)
Net cash used in financing activities (22,239) (119,680)
Net (decrease) increase in cash and cash equivalents (29,050) 26,190
Cash and cash equivalents:    
Beginning 46,250 15,283
Ending 17,200 41,473
2021 RBL Facility    
Cash flows from financing activities:    
Borrowings under credit facilities 387,000 206,000
Repayments under credit facilities (330,000) (206,000)
2022 ABL Facility    
Cash flows from financing activities:    
Borrowings under credit facilities 0 2,067
Repayments under credit facilities $ 0 $ (2,067)