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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities:    
Net income (loss) $ 191,000 $ (535,000)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depletion, depreciation and amortization 678,000 737,000
Impairment of oil and gas properties 285,000 32,000
Impairment of Inventory and Other Property and Equipment 1,000 5,000
Exploration expenses, including dry holes 18,000 40,000
Deferred income taxes 90,000 (284,000)
Gain on disposition of assets, net (205,000) (3,000)
Accretion of discount on asset retirement obligations 10,000 9,000
Interest expense 2,000 9,000
Derivative related activity (251,000) 535,000
Amortization of stock-based compensation 43,000 44,000
Other 34,000 34,000
Change in operating assets and liabilities, net of effects from acquisitions and dispositions:    
Accounts receivable, net 27,000 (51,000)
Income taxes receivable 2,000 39,000
Inventories (11,000) (12,000)
Derivatives 0 (12,000)
Increase Decrease in Investments 3,000 0
Other current assets 1,000 0
Accounts payable (42,000) (60,000)
Interest payable (9,000) 20,000
Income taxes payable 0 (2,000)
Other current liabilities (24,000) (26,000)
Net cash provided by operating activities 843,000 519,000
Cash flows from investing activities:    
Proceeds from disposition of assets, net of cash sold 345,000 2,000
Proceeds from Sale and Maturity of Held-to-maturity Securities 878,000 1,000
Purchase of investment securities (746,000) (1,495,000)
Additions to oil and gas properties (1,074,000) (971,000)
Additions to other assets and other property and equipment, net (176,000) (126,000)
Net cash used in investing activities (773,000) (2,589,000)
Cash flows from financing activities:    
Principal payments on long-term debt (485,000) 0
Proceeds from issuance of common stock, net of issuance costs 0 2,534,000
Purchases of treasury stock (36,000) (23,000)
Dividends paid (7,000) (7,000)
Net cash provided by (used in) financing activities (528,000) 2,504,000
Net increase (decrease) in cash and cash equivalents (458,000) 434,000
Cash and cash equivalents, beginning of period 1,118,000 1,391,000
Cash and cash equivalents, end of period $ 660,000 $ 1,825,000