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Condensed Consolidated Statements of Cash Flows - Unaudited - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Statement of Cash Flows [Abstract]    
Net income $ 69,498 $ 135,083
Adjustments to reconcile net income to net cash provided by operating activities    
Unrealized loss (gain) on derivatives 43,423 (136,430)
Depletion, depreciation and amortization 74,863 90,707
Accretion of asset retirement obligations 500 476
Stock-based compensation expense 855 3,794
Deferred income tax provision 2,840 39,957
Amortization of debt issuance cost 724 684
Changes in operating assets and liabilities    
Accounts receivable (39,680) 36,342
Lease and well equipment inventory 112 (1,296)
Prepaid expenses and other current assets (802) 174
Other long-term assets 19 1,749
Accounts payable, accrued liabilities and other current liabilities 8,560 (58,562)
Royalties payable 5,741 384
Advances from joint interest owners 2,809 (3,598)
Other long-term liabilities (67) (92)
Net cash provided by operating activities 169,395 109,372
Investing activities    
Drilling, completion and equipping capital expenditures (85,986) (133,170)
Acquisition of oil and natural gas properties (6,676) (40,824)
Midstream capital expenditures (16,380) (73,439)
Expenditures for other property and equipment (133) (787)
Proceeds from sale of assets 280 0
Net cash used in investing activities (108,895) (248,220)
Financing activities    
Repayments of borrowings under Credit Agreement (100,000) 0
Proceeds from Lines of Credit 0 60,000
Repayments of borrowings under San Mateo Credit Facility (11,000) 0
Borrowings under San Mateo Credit Facility 11,000 19,500
Cost to amend credit facilities 0 (660)
Dividends paid (2,913) 0
Contributions related to formation of San Mateo 15,376 14,700
Contributions from non-controlling interest owners of less-than-wholly-owned subsidiaries 0 50,000
Distributions to non-controlling interest owners of less-than-wholly-owned subsidiaries (14,210) (11,515)
Taxes paid related to net share settlement of stock-based compensation (1,721) (1,336)
Other (158) (174)
Net cash (used in) provided by financing activities (103,626) 130,515
Decrease in cash and restricted cash (43,126) (8,333)
Cash and restricted cash at beginning of period 91,383 65,128
Cash and restricted cash at end of period $ 48,257 $ 56,795