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CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating Activities    
Net income (loss) including noncontrolling interest $ 918,094 $ (156,555)
Adjustments to reconcile net income (loss) to net cash provided by continuing operations activities    
Loss from discontinued operations 1,916 600
Depreciation, depletion and amortization 574,501 615,372
Unsuccessful exploration well costs and previously suspended exploration costs 35,224 17,899
Amortization of undeveloped leases 10,651 13,872
Accretion of asset retirement obligations 34,725 34,854
Deferred income tax (benefit) expense 207,105 (65,149)
Mark to market loss on contingent consideration 98,451 105,111
Mark to market loss (gain) on crude contracts (138,707) 228,497
Long-term non-cash compensation 57,612 42,080
Impairment of assets 0 171,296
(Gain) from sale of assets (18,871) 0
Net (increase) decrease in noncash working capital (59,874) 117,330
Other operating activities, net (42,101) (33,924)
Net cash provided by continuing operations activities 1,678,726 1,091,283
Investing Activities    
Property additions and dry hole costs [1] (800,868) (541,324)
Acquisition of oil and gas properties [1] (125,602) (22,906)
Proceeds from sales of property, plant and equipment (2,129)  
Proceeds from sales of property, plant and equipment   270,038
Property additions for King's Quay FPS 0 (17,734)
Net cash (required) by investing activities (928,599) (311,926)
Financing Activities    
Borrowings on revolving credit facility 300,000 165,000
Repayment of revolving credit facility (300,000) (365,000)
Retirement of debt (446,032) (726,358)
Debt issuance, net of cost 0 541,913
Early redemption of debt cost (5,419) (36,756)
Distributions to noncontrolling interest (145,273) (100,880)
Contingent consideration payment (81,742) 0
Cash dividends paid (89,354) (57,896)
Withholding tax on stock-based incentive awards (17,338) (4,973)
Capital lease obligation payments (475) (643)
Net cash (required) by financing activities (785,633) (585,593)
Cash Flows from Discontinued Operations    
Operating activities (14,500) 0
Net cash (required) by discontinued operations (14,500) 0
Effect of exchange rate changes on cash and cash equivalents (5,180) 697
Net (decrease) increase in cash and cash equivalents (55,186) 194,461
Cash and cash equivalents at beginning of period 521,184 310,606
Cash and cash equivalents at end of period $ 465,998 $ 505,067
[1] Certain prior-period amounts have been reclassified to conform to the current period presentation.