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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities    
Net loss $ (63,088) $ (317,727)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation, Depletion, Amortization and Accretion 774,810 908,021
Property impairments 174,689 145,039
Non-cash (gain) loss on derivatives, net (68,420) 114,972
Stock-based compensation 20,571 21,046
Benefit for deferred income taxes (31,834) (193,990)
Dry hole costs 157 206
(Gain) loss on sale of assets, net 2,859 (97,016)
Other, net 5,089 4,752
Changes in assets and liabilities:    
Accounts receivable (19,347) (34,939)
Inventories 14,984 (8,745)
Other current assets (2,225) (2,125)
Accounts payable trade 105,441 (53,859)
Revenues and royalties payable 21,105 (742)
Accrued liabilities and other (17,968) 15,347
Other noncurrent assets and liabilities (251) (2,519)
Net cash provided by operating activities 916,572 497,721
Cash flows from investing activities    
Exploration and development (877,115) (625,126)
Purchase of producing crude oil and natural gas properties (812) 0
Purchase of other property and equipment (9,372) (4,867)
Proceeds from sale of assets 7,979 112,199
Net cash used in investing activities (879,320) (517,794)
Cash flows from financing activities    
Credit facility borrowings 540,000 638,000
Repayment of credit facility (565,000) (606,000)
Repayment of other debt (1,099) (1,064)
Debt issuance costs 0 (40)
Repurchase of restricted stock for tax withholdings (10,620) (5,735)
Net cash (used in) provided by financing activities (36,719) 25,161
Effect of Exchange Rate on Cash and Cash Equivalents 14 9
Net change in cash and cash equivalents 547 5,097
Cash and cash equivalents at beginning of period 16,643 11,463
Cash and cash equivalents at end of period $ 17,190 $ 16,560