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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (in thousands) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:        
Net income (loss) $ 481,240 $ 85,593 $ 853,489 $ (388,671)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:        
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 145,865 202,701 460,169 574,375
Impairment 1,077 8,750 6,466 26,250
Stock-based compensation expense     13,858 14,191
Net derivative loss (137,577) 209,146 385,180 924,183
Derivative settlement loss     (595,080) (480,262)
Amortization of debt discount and deferred financing costs     8,910 13,350
Loss on extinguishment of debt 0 (5) 67,605 2,139
Deferred income taxes 110,048 (68) 202,996 (282)
Other, net     7,668 (7,301)
Net change in working capital     (13,230) 52,170
Net cash provided by operating activities     1,398,031 730,142
Cash flows from investing activities:        
Capital expenditures     (591,846) (550,265)
Other, net     (596) 5,514
Net cash used in investing activities     (592,442) (544,751)
Cash flows from financing activities:        
Proceeds from revolving credit facility     0 1,649,500
Repayment of revolving credit facility     0 (1,742,500)
Net proceeds from Senior Notes     0 392,771
Cash paid to repurchase Senior Notes     (584,946) (450,776)
Repurchase of common stock     (20,241) 0
Net proceeds from sale of common stock     1,645 1,315
Dividends paid     (1,218) (1,178)
Other, net     (35,110) (4,733)
Net cash used in financing activities     (639,870) (155,601)
Net change in cash, cash equivalents, and restricted cash     165,719 29,790
Cash, cash equivalents, and restricted cash at beginning of period     332,716 10
Cash, cash equivalents, and restricted cash at end of period $ 498,435 $ 29,800 498,435 29,800
Supplemental Cash Flow Information - Operating activities:        
Cash paid for interest, net of capitalized interest     (125,668) (126,228)
Supplemental Cash Flow Information - Investing activities:        
Increase in capital expenditure accruals and other     50,590 8,885
Non-cash financing activities (1) [1]    
[1] (1)    Please refer to Note 5 - Long-Term Debt for discussion of the debt transactions executed during the nine months ended September 30, 2022, and 2021.