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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating Activities    
Net Loss $ (203,116) $ (15,420)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 119,362 134,381
Asset impairment 220,025 6,583
Accretion of discount on asset retirement obligations 1,757 2,010
Deferred income taxes (107,149) (16,009)
Change in derivative fair value (5,151) 30,987
(Gain) loss on sale of assets 52 (28,502)
Stock-based compensation expense 2,471 5,080
Other, net 2,377 (10,944)
Net change in:    
Accounts receivable 50,101 42,908
Inventories (465) (3,512)
Accounts payable (19,611) (11,814)
Accrued taxes/income tax receivable 2,179 13,633
Pension contributions (14,516) (10,872)
Other current assets and liabilities (27,044) 4,493
Net cash provided by operating activities 21,272 143,002
Investing Activities    
Additions to oil and natural gas properties (137,296) (395,317)
Acquisitions, net of cash acquired (7,883) (30,767)
Proceeds from the sale of assets 187 392,802
Purchase of short-term investments 0 (649,000)
Sale of short-term investments 0 340,000
Net cash used in investing activities (144,992) (342,282)
Financing Activities    
Payment of dividends on common stock 0 (1,462)
Issuance of common stock, net 381,219 291
Net change in credit facility (222,500) 200,000
Tax benefit on stock compensation (465) 129
Net cash provided by financing activities 158,254 198,958
Net change in cash and cash equivalents 34,534 (322)
Cash and cash equivalents at beginning of period 1,272 1,852
Cash and cash equivalents at end of period $ 35,806 $ 1,530