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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income (loss) $ (121,491) $ 157,749
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Depreciation, depletion, amortization and accretion expense 116,642 105,960
Write-down of oil and natural gas properties and other well inventory   190
Amortization of deferred financing costs and original issue discount 3,142 1,466
Equity based compensation, net of amounts capitalized 2,664 1,627
Price risk management activities expense (income) 137,508 (243,217)
Net cash received (paid) on settled derivative instruments (48,381) 36,460
Loss on extinguishment of debt 13,225  
Settlement of asset retirement obligations (10,120) (6,302)
Gain on sale of assets (319)  
Changes in operating assets and liabilities:    
Accounts receivable (17,108) (11,578)
Other current assets (3,350) 18,318
Accounts payable (10,978) (18,547)
Other current liabilities 5,328 13,337
Other non-current assets and liabilities, net 194 54,769
Net cash provided by operating activities 66,956 110,232
Cash flows from investing activities:    
Exploration, development and other capital expenditures (64,745) (83,588)
Cash paid for acquisitions, net of cash acquired (8,322) (293,095)
Proceeds from sale of oil and gas properties 330  
Net cash provided by (used in) investing activities (72,737) (376,683)
Cash flows from financing activities:    
Issuance of Senior Notes 600,500  
Redemption of Senior Notes and other long-term debt (356,803)  
Proceeds from Bank Credit Facility   300,000
Repayment of Bank Credit Facility (175,000)  
Deferred financing costs (19,387) (1,285)
Other deferred payments (5,575) (7,575)
Payments of finance lease (5,058) (4,049)
Employee stock transactions (2,150) (710)
Net cash provided by (used in) financing activities 36,527 286,381
Net increase in cash, cash equivalents and restricted cash 30,746 19,930
Cash, cash equivalents and restricted cash:    
Balance, beginning of period 34,233 87,022
Balance, end of period 64,979 106,952
Supplemental Non-Cash Transactions:    
Capital expenditures included in accounts payable and accrued liabilities 65,755 66,712
Supplemental Cash Flow Information:    
Interest paid, net of amounts capitalized $ 13,712 $ 4,906