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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating Activities    
Net Income (Loss) $ (113,043) $ (354,925)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 344,564 434,005
Asset impairment 220,612 466,390
Accretion of discount on asset retirement obligations 5,092 5,379
Deferred income taxes (78,159) (217,943)
Change in derivative fair value 35,366 139,490
Gain on sale of assets (252,510) (27,558)
Stock-based compensation expense 14,493 12,040
Exploration, including dry holes 16 6,967
Other, net 3,082 7,080
Net change in:    
Accounts receivable 38,947 81,285
Inventories (2,439) (3,933)
Accounts payable (13,592) (30,871)
Accrued taxes/income tax receivable 37,646 25,339
Pension contributions (14,576) (10,932)
Other current assets and liabilities (23,580) (9,878)
Net cash provided by operating activities 201,919 521,935
Investing Activities    
Additions to oil and natural gas properties (314,581) (960,966)
Acquisitions, net of cash acquired (135,775) (62,805)
Proceeds from the sale of assets, net 537,202 393,174
Purchase of short-term investments 0 (919,000)
Sale of short-term investments 0 919,000
Net cash provided by (used in) investing activities 86,846 (630,597)
Financing Activities    
Payment of dividends on common stock 0 (4,499)
Issuance of common stock, net 381,219 399,593
Net change in credit facility (222,500) (288,500)
Tax benefit on stock compensation (831) 917
Net cash provided by financing activities 157,888 107,511
Net change in cash and cash equivalents 446,653 (1,151)
Cash and cash equivalents at beginning of period 1,272 1,852
Cash and cash equivalents at end of period $ 447,925 $ 701