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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Statement of Cash Flows [Abstract]    
Net income $ 427,586 $ 885,654
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion, amortization and accretion 636,659 479,602
Property impairments 12,062 13,074
Non-cash (gain) loss on derivatives 208,390 (331,089)
Provision for deferred income taxes 11,816 100,693
Equity in net loss of affiliate 907 663
Net (gain) loss on sale of assets and other (287) (186)
Other, net 23,567 3,988
Changes in assets and liabilities:    
Accounts receivable 23,062 253,744
Inventories (27,564) (19,669)
Other current assets (1,331) (3,191)
Accounts payable trade 27,166 61,761
Revenues and royalties payable (39,001) (223,212)
Accrued liabilities and other (70,148) (66,745)
Incentive compensation liability (108,809) (129,362)
Current income taxes liability 105,504 139,063
Other noncurrent assets and liabilities (7,701) (14,950)
Net cash provided by operating activities 1,221,878 1,149,838
Cash flows from investing activities    
Exploration and development (663,003) (863,989)
Purchase of producing crude oil and natural gas properties (870) (97,550)
Purchase of other property and equipment (49,963) (60,374)
Proceeds from sale of assets 4,340 1,223
Contributions to unconsolidated affiliates (8,227) 0
Net cash used in investing activities (717,723) (1,020,690)
Cash flows from financing activities    
Credit facility borrowings 749,000 1,073,000
Repayment of credit facility (959,000) (1,272,000)
Repayment of other debt (100,616) (597)
Debt issuance costs 0 (241)
Contributions from noncontrolling interests 7,740 1,872
Distributions to noncontrolling interests (5,681) (11,354)
Dividends paid on common stock (2,331) (2,051)
Net cash used in financing activities (310,888) (211,371)
Net change in cash and cash equivalents 193,267 (82,223)
Cash and cash equivalents at beginning of period 26,397 137,788
Cash and cash equivalents at end of period $ 219,664 $ 55,565