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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 144,834 $ (124,364)
Adjustments to reconcile net income (loss) to cash provided by operating activities:    
Depreciation, depletion and amortization 425,689 448,910
Impairment of oil and gas properties 68,555 0
Deferred income tax expense (benefit) 89,731 (59,413)
Loss on sale of assets 13,498 768
Exploratory dry hole cost 2,842 18
(Gain) loss on derivative instruments (46,353) 1,286
Net cash received in settlement of derivative instruments 3,587 3,204
(Earnings) loss on equity method investments 3,986 (208)
Amortization of debt issuance costs 3,579 3,888
Stock-based compensation and other 26,011 23,051
Changes in assets and liabilities:    
Accounts receivable, net 29,276 (1,135)
Income taxes (16,665) (11,235)
Inventories (2,100) 2,860
Other current assets (896) (917)
Accounts payable and accrued liabilities (5,133) (12,174)
Interest payable (15,318) (17,618)
Other assets and liabilities (6,076) 784
Net cash provided by operating activities 719,047 257,705
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (586,813) (245,033)
Proceeds from sale of assets 32,711 49,068
Investment in equity method investments (23,382) (24,176)
Net cash used in investing activities (577,484) (220,141)
CASH FLOWS FROM FINANCING ACTIVITIES    
Borrowings from debt 0 90,000
Repayments of debt 0 (587,000)
Treasury stock repurchases (68,255) 0
Sale of common stock, net 0 995,279
Dividends paid (55,707) (26,885)
Tax withholdings on stock award vestings (5,929) (5,056)
Capitalized debt issuance costs 0 (3,223)
Other 42 0
Net cash provided by (used in) financing activities (129,849) 463,115
Net increase in cash and cash equivalents 11,714 500,679
Cash and cash equivalents, beginning of period 498,542 514
Cash and cash equivalents, end of period $ 510,256 $ 501,193