XML 17 R7.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (in thousands) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income (loss) $ 48,764 $ (251,269)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 159,481 166,960
Impairment 1,000 8,750
Stock-based compensation expense 4,274 5,737
Net derivative loss 418,521 344,689
Derivative settlement loss (168,183) (107,885)
Amortization of debt discount and deferred financing costs 4,010 4,723
Deferred income taxes 11,948 (52)
Other, net 239 (14,592)
Net change in working capital (137,962) (51,437)
Net cash provided by operating activities 342,092 105,624
Cash flows from investing activities:    
Capital expenditures (150,127) (147,563)
Other, net 0 (71)
Net cash used in investing activities (150,127) (147,634)
Cash flows from financing activities:    
Proceeds from revolving credit facility 0 440,000
Repayment of revolving credit facility 0 (398,000)
Cash paid to repurchase Senior Notes (104,770) 0
Other, net (24) 0
Net cash provided by (used in) financing activities (104,794) 42,000
Net change in cash, cash equivalents, and restricted cash 87,171 (10)
Cash, cash equivalents, and restricted cash at beginning of period 332,716 10
Cash, cash equivalents, and restricted cash at end of period 419,887 0
Supplemental Cash Flow Information - Operating activities:    
Cash paid for interest, net of capitalized interest (64,204) (53,449)
Supplemental Cash Flow Information - Investing activities:    
Increase in capital expenditure accruals and other $ 15,627 $ 37,409