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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities    
Net loss $ (427,348) $ (213,992)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation, Depletion, Amortization and Accretion 1,322,280 1,286,158
Property impairments 202,728 321,130
Non-cash (gain) loss on derivatives, net 105,009 (26,011)
Stock-based compensation 34,274 40,290
Benefit for deferred income taxes (259,256) (98,645)
Tax deficiency (benefit) from stock-based compensation 9,460 (13,177)
Dry hole costs 233 8,183
Gain on sale of assets, net (103,174) (22,930)
Other, net 7,166 10,143
Changes in assets and liabilities:    
Accounts receivable (2,634) 351,309
Inventories 1,257 9,137
Other current assets 390 64,271
Accounts payable trade (43,131) (178,000)
Revenues and royalties payable (11,102) (45,030)
Accrued liabilities and other 22,411 (78,947)
Other noncurrent assets and liabilities 5,325 1,603
Net cash provided by operating activities 863,888 1,415,492
Cash flows from investing activities    
Exploration and development (878,928) (2,598,367)
Purchase of producing crude oil and natural gas properties (29) (557)
Purchase of other property and equipment (5,569) (31,991)
Proceeds from sale of assets 334,305 33,216
Net cash used in investing activities (550,221) (2,597,699)
Cash flows from financing activities    
Credit facility borrowings 915,000 1,780,000
Repayment of credit facility (1,203,000) (600,000)
Repayment of other debt (1,601) (1,552)
Debt issuance costs (40) (2,110)
Repurchase of restricted stock for tax withholdings (6,540) (5,818)
Tax (deficiency) benefit from stock-based compensation (9,460) 13,177
Net cash (used in) provided by financing activities (305,641) 1,183,697
Effect of Exchange Rate on Cash and Cash Equivalents 7 (8,916)
Net change in cash and cash equivalents 8,033 (7,426)
Cash and cash equivalents at beginning of period 11,463 24,381
Cash and cash equivalents at end of period $ 19,496 $ 16,955