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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating Activities      
Net Income (Loss) $ 306,828 $ (167,513) $ (945,731)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation, depletion and amortization 483,376 447,961 593,789
Asset impairment 1,671 220,652 1,292,308
Accretion of discount on asset retirement obligations 5,831 6,672 7,108
Deferred income taxes (107,737) (57,193) (539,735)
Change in derivative fair value 17,143 76,490 233,315
Gain on sale of assets (3,620) (246,393) (28,077)
Stock-based compensation expense 15,402 19,641 12,910
Exploration, including dry holes 2,130 16 7,097
Other, net (10,488) 5,752 35,641
Net change in:      
Accounts receivable (85,465) 38,305 117,486
Inventories 1,045 (2,948) (655)
Accounts payable 4,962 404 (41,560)
Accrued taxes/income tax receivable (55,089) (17,326) (4,791)
Pension and other postretirement benefit contributions (118) (14,608) (24,848)
Other current assets and liabilities (6,508) (14,855) 5,058
Net cash provided by operating activities 569,363 295,057 719,315
Investing Activities      
Additions to oil and natural gas properties (909,852) (447,028) (1,154,373)
Acquisitions (276,840) (147,879) (87,410)
Proceeds from asset sales and sale of Alabama Gas Corporation 3,695 528,775 394,521
Purchase of short-term investments 0 0 (919,000)
Sale of short-term investments 0 0 919,000
Net cash used in investing activities (1,182,997) (66,132) (847,262)
Financing Activities      
Payment of dividends on common stock 0 0 (6,074)
Issuance of common stock, net 273 381,261 399,600
Taxes paid for shares withheld (3,293) (2,609) (4,723)
Reduction of long-term debt (24,000) 0 0
Net change in credit facility 255,000 (222,500) (262,500)
Tax benefit (expense) on stock compensation 0 (256) 1,064
Net cash provided by financing activities 227,980 155,896 127,367
Net change in cash and cash equivalents (385,654) 384,821 (580)
Cash and cash equivalents at beginning of period 386,093 1,272 1,852
Cash and cash equivalents at end of period $ 439 $ 386,093 $ 1,272