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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating activities:      
Net (loss) income $ (713,685) $ 634,382 $ 115,722
Adjustments to reconcile net (loss) income to net cash provided from operating activities:      
Loss (gain) from equity method investments, net of distributions   3,095 (2,973)
Deferred income tax (benefit) expense (338,706) 396,502 34,000
Depletion, depreciation and amortization and impairment 1,171,329 579,056 500,150
Exploration dry hole and impairment costs 88 16,145 5,699
Abandonment and impairment of unproved properties 47,619 47,079 51,918
Derivative fair value (income) loss (416,364) (383,520) 61,825
Cash settlements on derivative financial instruments that do not qualify for hedge accounting 532,122 (42,634) (31,256)
Allowance for bad debt 2,300 250 250
Amortization of deferred financing costs, loss on extinguishment of debt and other 29,383 24,694 23,866
Deferred and stock-based compensation (20,411) (4,295) 119,398
Loss (gain) on the sale of assets 406,856 (285,638) (92,291)
Changes in working capital:      
Accounts receivable 64,704 (5,329) (21,212)
Inventory and other (14,868) (4,521) 3,785
Accounts payable (26,197) (1,023) (13,555)
Accrued liabilities and other (40,470) (20,108) (11,788)
Net cash provided from operating activities 683,700 954,135 743,538
Investing activities:      
Additions to natural gas and oil properties (1,030,644) (1,200,419) (1,159,252)
Additions to field service assets (4,441) (11,863) (5,925)
Acreage purchases (74,880) (211,971) (132,145)
Other (75) 1,103 3,799
Proceeds from disposal of assets 890,901 180,508 315,522
Purchases of marketable securities held by the deferred compensation plan (28,876) (30,898) (36,136)
Proceeds from the sales of marketable securities held by the deferred compensation plan 29,243 28,084 30,701
Net cash used in investing activities (218,772) (1,245,456) (983,436)
Financing activities:      
Borrowings on credit facilities 2,271,000 2,107,000 1,684,000
Repayments on credit facilities (2,899,000) (1,884,000) (1,923,000)
Issuance of senior or senior subordinated notes 750,000 0 750,000
Repayment of senior subordinated notes (516,875) (312,000) (259,063)
Dividends paid (27,083) (26,610) (26,129)
Debt issuance costs (14,156) (8,866) (12,448)
Issuance of common stock   396,562 343
Change in cash overdrafts (37,089) 3,371 5,610
Proceeds from the sales of common stock held by the deferred compensation plan 8,298 15,964 20,681
Net cash (used in) provided from financing activities (464,905) 291,421 239,994
Increase in cash and cash equivalents 23 100 96
Cash and cash equivalents at beginning of year 448 348 252
Cash and cash equivalents at end of year $ 471 $ 448 $ 348