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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) $ (182,952) $ (465,605) $ 58,729
Adjustments to reconcile net income (loss) to net cash provided by operating activities      
Depreciation, depletion, amortization and accretion expense 454,123 414,087 380,320
Write-down of oil and natural gas properties and other well inventory 23,729 268,615 12,386
Amortization of deferred financing costs and original issue discount 13,382 6,804 5,207
Equity based compensation expense 10,992 8,669 6,964
Price risk management activities expense (income) 419,077 (87,685) 95,337
Net cash received (paid) on settled derivative instruments (290,164) 143,905 (8,820)
Loss (gain) on extinguishment of debt 13,225 (1,662) 0
Settlement of asset retirement obligations (67,988) (43,933) (75,331)
Gain on sale of assets (687) 0 0
Changes in operating assets and liabilities:      
Accounts receivable (35,396) (34,645) 5,788
Other current assets (18,901) 35,934 (15,114)
Accounts payable (6,261) 27,096 7,523
Other current liabilities 64,800 4,200 (35,459)
Other non-current assets and liabilities, net 14,409 26,143 (43,797)
Net cash provided by operating activities 411,388 301,923 393,733
Cash flows from investing activities:      
Exploration, development and other capital expenditures (293,331) (362,942) (463,409)
Cash paid for acquisitions, net of cash acquired (5,399) (315,962) (37,916)
Proceeds from sale of property and equipment, net 4,983 0 5,369
Net cash used in investing activities (293,747) (678,904) (495,956)
Cash flows from financing activities:      
Proceeds from issuance of common stock 0 71,100 0
Issuance of senior notes 600,500 0 0
Redemption of senior notes and other long-term debt (356,803) (5,364) (10,567)
Proceeds from Bank Credit Facility 100,000 350,000 110,000
Repayment of Bank Credit Facility (365,000) (60,000) (25,000)
Deferred financing costs (27,833) (1,287) (1,963)
Other Deferred Payments (7,921) (11,921) (9,921)
Payments of finance lease (21,804) (17,509) (14,133)
Employee stock awards tax withholdings (3,161) (827) (333)
Net cash provided by (used in) financing activities (82,022) 324,192 48,083
Net increase (decrease) in cash and cash equivalents 35,619 (52,789) (54,140)
Cash, cash equivalents      
Balance, beginning of period 34,233 87,022 141,162
Balance, end of period 69,852 34,233 87,022
Supplemental non-cash transactions:      
Capital expenditures included in accounts payable and accrued liabilities 45,761 74,957 90,956
Debt exchanged for common stock 0 35,960 0
Supplemental cash flow information:      
Interest paid, net of amounts capitalized $ 68,891 $ 67,443 $ 62,571