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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Operating activities:    
Net (loss) income $ (391,858) $ 350,328
Adjustments to reconcile net (loss) income to net cash provided from operating activities:    
Loss from equity method investments, net of distributions 0 3,096
Deferred income tax (benefit) expense (174,390) 230,450
Depletion, depreciation and amortization and impairment 955,411 429,484
Exploration dry hole costs 87 1
Abandonment and impairment of unproved properties 36,187 32,771
Derivative fair value (income) loss (290,052) 28,902
Cash settlements on derivative financial instruments that do not qualify for hedge accounting 360,645 (113,859)
Allowance for bad debt 600 250
Amortization of deferred financing costs, loss on extinguishment of debt and other 27,572 31,430
Deferred and stock-based compensation (10,679) 15,486
Gain on the sale of assets (2,053) (281,878)
Changes in working capital:    
Accounts receivable 79,448 13,098
Inventory and other (7,073) (5,335)
Accounts payable (13,158) (13,355)
Accrued liabilities and other (55,127) (65,931)
Net cash provided from operating activities 515,560 654,938
Investing activities:    
Additions to natural gas and oil properties (901,227) (867,285)
Additions to field service assets (2,878) (9,492)
Acreage purchases (61,213) (145,543)
Other (75) 1,103
Proceeds from disposal of assets 14,825 147,126
Purchases of marketable securities held by the deferred compensation plan (23,594) (23,053)
Proceeds from the sales of marketable securities held by the deferred compensation plan 28,168 25,206
Net cash used in investing activities (945,994) (871,938)
Financing activities:    
Borrowing on credit facilities 1,940,000 1,682,000
Repayment on credit facilities (1,676,000) (1,533,000)
Issuance of senior notes 750,000 0
Repayment of subordinated notes (516,875) (312,000)
Debt issuance costs (14,156) 0
Dividends paid (20,308) (19,862)
Issuance of common stock, net of offering expenses 0 396,580
Change in cash overdrafts (40,123) (12,305)
Proceeds from the sales of common stock held by the deferred compensation plan 7,938 15,707
Net cash provided from financing activities 430,476 217,120
Increase in cash and cash equivalents 42 120
Cash and cash equivalents at beginning of period 448 348
Cash and cash equivalents at end of period $ 490 $ 468