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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net loss $ (66,441) $ (121,491)
Adjustments to reconcile net loss to net cash provided by operating activities    
Depreciation, depletion, amortization and accretion expense 112,717 116,642
Amortization of deferred financing costs and original issue discount 3,415 3,142
Equity-based compensation expense 3,318 2,664
Price risk management activities expense 281,219 137,508
Net cash paid on settled derivative instruments (127,086) (48,381)
Equity method investment income (142) 0
Loss on extinguishment of debt 0 13,225
Settlement of asset retirement obligations (20,023) (10,120)
Gain on sale of assets 0 (319)
Changes in operating assets and liabilities:    
Accounts receivable (56,817) (17,108)
Other current assets 4,505 (3,350)
Accounts payable 9,381 (10,978)
Other current liabilities (26,423) 5,328
Other non-current assets and liabilities, net (4,013) 194
Net cash provided by operating activities 113,610 66,956
Cash flows from investing activities:    
Exploration, development and other capital expenditures (53,978) (64,745)
Cash paid for acquisitions, net of cash acquired (3,500) (8,322)
Proceeds from sale of property and equipment, net 346 330
Contributions to equity method investees (2,250) 0
Net cash used in investing activities (59,382) (72,737)
Cash flows from financing activities:    
Issuance of senior notes 0 600,500
Redemption of senior notes and other long-term debt 0 (356,803)
Proceeds from Bank Credit Facility 35,000 0
Repayment of Bank Credit Facility (70,000) (175,000)
Deferred financing costs 0 (19,387)
Other deferred payments 0 (5,575)
Payments of finance lease (6,256) (5,058)
Employee stock awards tax withholdings (4,476) (2,150)
Net cash (used in) provided by financing activities (45,732) 36,527
Net increase in cash and cash equivalents 8,496 30,746
Cash and cash equivalents:    
Balance, beginning of period 69,852 34,233
Balance, end of period 78,348 64,979
Supplemental non-cash transactions:    
Capital expenditures included in accounts payable and accrued liabilities 53,317 65,755
Supplemental cash flow information:    
Interest paid, net of amounts capitalized $ 43,352 $ 13,712