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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income (loss) $ (44,216) $ 330,373
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 361,430 295,520
Gain on sale of properties (172) (187,076)
Impairment of oil and gas properties 24,917 2,243
Deferred income taxes (17,829) 197,548
Derivative instruments (111,285) (20,253)
Stock-based compensation expenses 19,629 15,755
Deferred financing costs amortization and other 7,468 5,209
Working capital and other changes:    
Change in accounts receivable 108,309 (62,581)
Change in inventory 8,425 (4,089)
Change in prepaid expenses 638 (3,179)
Change in other current assets 5,529 (1,581)
Change in other assets 0 (3,069)
Change in accounts payable and accrued liabilities (84,133) 108,788
Change in other current liabilities 1,655 0
Change in other liabilities (28) (116)
Net cash provided by operating activities 280,337 673,492
Cash flows from investing activities:    
Capital expenditures (740,633) (998,889)
Proceeds from sale of properties 78 324,938
Costs related to sale of properties 0 (2,337)
Derivative settlements 291,436 (24,773)
Advances from joint interest partners (1,239) (6,053)
Net cash used in investing activities (450,358) (707,114)
Cash flows from financing activities:    
Proceeds from sale of common stock 462,833 0
Proceeds from revolving credit facility 618,000 370,000
Principal payments on revolving credit facility (938,000) (355,570)
Deferred financing costs (3,587) (99)
Purchases of treasury stock (2,771) (5,240)
Other 0 (176)
Net cash provided by financing activities 136,475 8,915
Decrease in cash and cash equivalents (33,546) (24,707)
Cash and cash equivalents:    
Beginning of period 45,811 91,901
End of period 12,265 67,194
Supplemental non-cash transactions:    
Change in accrued capital expenditures (233,913) 99,103
Change in asset retirement obligations $ 3,405 $ 5,134