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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Dec. 31, 2021
Statement of Cash Flows [Abstract]      
Net income (loss) $ 601,351 $ 260,275  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, Depletion, Amortization and Accretion 459,286 508,327  
Property impairments 24,248 11,436  
Non-cash loss on derivatives 453,698 14,070  
Stock-based compensation 29,257 16,927  
Provision for deferred income taxes 94,982 80,528  
Dry hole costs 10,425 0  
Net (gain) loss on sale of assets and other (165) (207)  
Gain (Loss) on Extinguishment of Debt 0 196  
Other, net 5,360 2,664  
Changes in assets and liabilities:      
Accounts receivable (481,812) (156,860)  
Inventories (49,737) (3,851)  
Other current assets (6,626) (2,336)  
Accounts payable trade 59,981 98,521  
Revenues and royalties payable 185,859 173,648  
Accrued liabilities and other 24,513 36,149  
Increase (Decrease) in Income Taxes Payable 95,957 0  
Other noncurrent assets and liabilities (1,960) 773  
Net cash provided by operating activities 1,504,617 1,040,260  
Cash flows from investing activities      
Exploration and development (523,652) (258,758)  
Purchase of producing crude oil and natural gas properties (441,929) (161,764)  
Purchase of other property and equipment (11,069) (7,660)  
Proceeds from sale of assets 584 98  
Contributions to unconsolidated affiliates (64,928) 0  
Net cash used in investing activities (1,040,994) (428,084)  
Cash flows from financing activities      
Credit facility borrowings 899,000 685,000  
Repayment of credit facility (1,164,000) (845,000)  
Redemption and repurchase of Senior Notes 0 (400,000)  
Repayment of other debt (576) (552)  
Debt issuance costs (101) 0  
Contributions from noncontrolling interests 2,778 10,937  
Distributions to noncontrolling interests (8,235) (4,927)  
Repurchase of common stock (99,855) 0  
Repurchase of restricted stock for tax withholdings (26,023) (8,936)  
Dividends paid on common stock (83,235) (111)  
Net cash used in financing activities (480,247) (563,589)  
Net change in cash and cash equivalents (16,624) 48,587  
Cash and cash equivalents, at beginning of period 20,868 47,470 $ 47,470
Cash and cash equivalents, at end of period $ 4,244 $ 96,057 $ 20,868