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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net income (loss) $ 17,138 $ (14,872)
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depreciation, depletion, amortization and accretion expense 208,197 179,945
Write-down of oil and natural gas properties and other well inventory 190 12,361
Amortization of deferred financing costs and original issue discount 3,985 2,393
Equity based compensation, net of amounts capitalized 3,974 3,220
Price risk management activities expense (income) (174,535) 79,589
Net cash received (paid) on settled derivative instruments 122,499 (12,562)
Gain on extinguishment of debt (1,470)  
Settlement of asset retirement obligations (18,496) (32,206)
Changes in operating assets and liabilities:    
Accounts receivable (5,164) (32,118)
Other current assets 15,128 12,259
Accounts payable 12,645 23,646
Other current liabilities 16,039 (37,164)
Other non-current assets and liabilities, net (8,518) (1,870)
Net cash provided by operating activities 191,612 182,621
Cash flows from investing activities:    
Exploration, development and other capital expenditures (154,628) (229,601)
Cash paid for acquisitions, net of cash acquired (296,966) (32,916)
Proceeds from sale of other property and equipment   5,369
Net cash provided by (used in) investing activities (451,594) (257,148)
Cash flows from financing activities:    
Redemption of Senior Notes and other long-term debt (1,209) (10,567)
Proceeds from Bank Credit Facility 300,000 75,000
Repayment of Bank Credit Facility   (25,000)
Deferred financing costs (1,287)  
Other deferred payments (7,575) (9,921)
Payments of finance lease (8,323) (6,759)
Employee stock transactions (791) (283)
Net cash provided by (used in) financing activities 280,815 22,470
Net increase (decrease) in cash, cash equivalents and restricted cash 20,833 (52,057)
Cash, cash equivalents and restricted cash:    
Balance, beginning of period 87,022 141,162
Balance, end of period 107,855 89,105
Supplemental Non-Cash Transactions:    
Capital expenditures included in accounts payable and accrued liabilities 113,461 165,310
Debt exchanged for common stock 35,960  
Supplemental Cash Flow Information:    
Interest paid, net of amounts capitalized $ 34,163 $ 31,413