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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
2 Months Ended 7 Months Ended 9 Months Ended
Sep. 30, 2018
Aug. 13, 2018
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 13,823 $ (92,754) $ 41,773
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Deferred income taxes 3,883 1,052 15,205
Loss (gain) on sale of oil and gas properties (98) 35,438 25
Depreciation, depletion and amortization 17,820 68,032 164,684
(Gain) loss on derivative financial instruments 2,015 (881) (31,945)
Cash settlements of derivative financial instruments 191 2,842 33,382
Amortization of debt discount and issuance costs 822 29,457 9,206
Interest paid in-kind   25,004  
Stock-based compensation 329 3,912 2,359
Decrease (increase) in accounts receivable (44,884) 2,834 48,404
Decrease (increase) in other current assets (1,326) 337 7,137
(Decrease) increase in accounts payable and accrued expenses 11,034 10,462 (7,424)
Net cash provided by operating activities 3,609 85,735 282,806
CASH FLOWS FROM INVESTING ACTIVITIES:      
Capital expenditures (59,017) (150,106) (308,742)
Acquisition of Covey Park Energy LLC, net of cash acquired     (693,869)
Prepaid drilling costs (4,768) (3,692) 9,319
Proceeds from sale of oil and gas properties 13,739 103,593 390
Net cash used for investing activities (50,046) (50,205) (992,902)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings under bank credit facility 450,000 865,577 887,000
Repayments (1,291,352) (49,679) (72,000)
Repayments of Covey Park Energy LLC outstanding borrowings and preferred equity     (533,390)
Issuance of common stock     300,000
Issuance of Series B Convertible Preferred Stock     175,000
Preferred stock dividends paid     (8,128)
Jones contribution 36,365    
Debt and stock issuance costs (6,288) (18,127) (8,169)
Income taxes related to equity awards (4,695) (369) (167)
Net cash provided by (used in) financing activities (815,970) 797,402 740,146
Net increase (decrease) in cash and cash equivalents (862,407) 832,932 30,050
Cash and cash equivalents, beginning of period 894,187 61,255 23,193
Cash and cash equivalents, end of period $ 31,780 $ 894,187 $ 53,243