XML 95 R6.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income (loss) including non-controlling interests $ (90,647) $ (19,500) $ 127,446
Adjustments to reconcile net income (loss) including non-controlling interests to net cash provided by operating activities:      
Depreciation, depletion and amortization 787,192 636,296 530,802
(Gain) loss on extinguishment of debt (4,312) 13,848 0
(Gain) loss on sale of properties 4,455 (28,587) (1,774)
Impairment 10,257 384,228 6,887
Deferred income taxes (32,699) (5,866) (202,884)
Derivative instruments 106,314 (28,457) 71,657
Equity-based compensation expenses 33,607 29,273 26,534
Deferred financing costs amortization and other 27,263 29,057 18,311
Working capital and other changes:      
Change in accounts receivable, net 13,729 (23,508) (166,386)
Change in inventory (5,893) (14,346) (2,501)
Change in prepaid expenses 325 (2,354) (838)
Change in accounts payable, interest payable and accrued liabilities 53,051 26,116 123,107
Change in other assets and liabilities, net (9,789) 221 (22,485)
Net cash provided by operating activities 892,853 996,421 507,876
Cash flows from investing activities:      
Capital expenditures (869,221) (1,148,961) (647,349)
Acquisitions (21,009) (581,650) (61,874)
Proceeds from sale of properties 42,376 333,229 5,774
Costs related to sale of properties 0 (2,850) (366)
Derivative settlements 19,098 (213,528) (8,264)
Other 0 224 (2,681)
Net cash used in investing activities (828,756) (1,613,536) (714,760)
Cash flows from financing activities:      
Proceeds from Revolving Credit Facilities 1,982,000 3,224,000 1,162,000
Principal payments on Revolving Credit Facilities (1,972,500) (2,586,000) (1,377,000)
Repurchase of senior unsecured notes (45,790) (423,340) 0
Proceeds from issuance of senior unsecured notes 0 400,000 0
Deferred financing costs (1,052) (13,862) (2,714)
Proceeds from sale of common stock, net of offering costs 0 0 302,191
Proceeds from sale of Oasis Midstream common units, net of offering costs 0 44,503 134,185
Purchases of treasury stock (4,856) (6,846) (6,229)
Distributions to non-controlling interests (21,270) (14,114) 0
Payments on finance lease liabilities (2,382)    
Other (418) (1,756) (55)
Net cash provided by (used in) financing activities (66,268) 622,585 212,378
Increase (decrease) in cash and cash equivalents (2,171) 5,470 5,494
Cash and cash equivalents:      
Beginning of period 22,190 16,720 11,226
End of period 20,019 22,190 16,720
Supplemental cash flow information:      
Cash paid for interest, net of capitalized interest 155,833 141,196 129,463
Cash paid for income taxes 111 38 12
Cash received for income tax refunds 146 25 281
Supplemental non-cash transactions:      
Change in accrued capital expenditures (82,414) 68,946 83,508
Change in asset retirement obligations 4,917 3,880 (789)
Installment notes from acquisition 0 0 4,875
Issuance of shares in connection with acquisition $ 0 $ 371,220 $ 0