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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities    
Net income (loss) $ 790,580 $ (52,467)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, Depletion, Amortization and Accretion 1,370,676 1,199,715
Property impairments 86,715 209,819
Non-cash (gain) loss on derivatives, net 12,013 (65,481)
Stock-based compensation 33,209 32,490
Provision (benefit) for deferred income taxes 252,012 (25,063)
Dry hole costs 1 157
Gain on sale of assets, net (8,261) (703)
Loss on extinguishment of debt 7,133 0
Other, net 11,068 7,705
Changes in assets and liabilities:    
Accounts receivable (139,219) (154,790)
Inventories (7,852) 6,736
Other current assets (4,766) 729
Accounts payable trade 32,708 128,337
Revenues and royalties payable 86,814 48,447
Accrued liabilities and other (19,677) 13,050
Other noncurrent assets and liabilities (2,413) (700)
Net cash provided by operating activities 2,500,741 1,347,981
Cash flows from investing activities    
Exploration and development (2,093,010) (1,444,991)
Purchase of producing crude oil and natural gas properties (25,476) (3,480)
Purchase of other property and equipment (15,724) (10,508)
Proceeds from sale of assets 30,727 84,725
Net cash used in investing activities (2,103,483) (1,374,254)
Cash flows from financing activities    
Credit facility borrowings 1,706,000 985,000
Repayment of credit facility (1,704,000) (952,000)
Redemption of Senior Notes (400,000) 0
Premium and costs on redemption of Senior Notes (6,700) 0
Repayment of other debt (1,707) (1,654)
Debt issuance costs (5,543) 0
Repurchase of restricted stock for tax withholdings (16,303) (10,985)
Net cash (used in) provided by financing activities (428,253) 20,361
Effect of Exchange Rate on Cash and Cash Equivalents (11) 34
Net change in cash and cash equivalents (31,006) (5,878)
Cash and cash equivalents at beginning of period 43,902 16,643
Cash and cash equivalents at end of period $ 12,896 $ 10,765