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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Operating activities      
Net (loss) income $ (97,057) $ (679,524) $ 110,754
Adjustments to reconcile net (loss) income to net cash provided by operating activities      
Unrealized (loss) gain on derivatives 41,238 39,265 (58,302)
Depletion, depreciation and amortization 122,048 178,847 134,737
Accretion of asset retirement obligations 1,182 734 504
Full-cost ceiling impairment 158,633 801,166 0
Stock-based compensation expense 12,362 9,450 5,524
Deferred income tax (benefit) provision 0 (150,327) 64,242
Amortization of debt issuance cost 1,148 852 0
Net gain on asset sales and inventory impairment (107,277) (908) 0
Changes in operating assets and liabilities      
Accounts receivable (14,259) 3,633 (13,318)
Lease and well equipment inventory (700) (180) (211)
Prepaid expenses (124) (544) (783)
Other assets 490 (552) 1,212
Accounts payable, accrued liabilities and other current liabilities 6,611 1,375 607
Royalties payable 7,495 1,654 6,663
Advances from joint interest owners 1,000 700 0
Income taxes payable (2,848) 2,405 39
Other long-term liabilities 4,144 489 (187)
Net cash provided by operating activities 134,086 208,535 251,481
Investing activities      
Proceeds from sale of assets 5,173 139,836 79
Oil and natural gas properties capital expenditures (379,067) (432,715) (560,849)
Expenditures for other property and equipment (74,845) (64,499) (9,152)
Business combination, net of cash acquired 0 (24,028) 0
Restricted cash 43,098 (43,098) 0
Restricted cash in less-than-wholly-owned subsidiaries 1 (650) (609)
Net cash used in investing activities (405,640) (425,154) (570,531)
Financing activities      
Repayments of borrowings (120,000) (476,982) (180,000)
Borrowings under Credit Agreement 120,000 125,000 320,000
Proceeds from issuance of common stock 288,510 188,720 181,875
Proceeds from issuance of senior unsecured notes 184,625 400,000 0
Cost to issue equity (847) (1,158) (590)
Cost to issue senior unsecured notes (2,734) (9,598) 0
Proceeds from stock options exercised 100 10 43
Capital contribution from non-controlling interest owners in less-than-wholly-owned subsidiaries 0 562 150
Taxes paid related to net share settlement of stock-based compensation (1,948) (1,610) (308)
Net cash provided by financing activities 467,706 224,944 321,170
Increase in cash 196,152 8,325 2,120
Cash at beginning of year 16,732 8,407 6,287
Cash at end of year $ 212,884 $ 16,732 $ 8,407