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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Operating activities:    
Net loss $ (316,646) $ (90,910)
Adjustments to reconcile net loss to net cash provided from operating activities:    
Deferred income tax benefit (173,526) (39,609)
Depletion, depreciation and amortization and impairment 285,991 299,185
Exploration dry hole costs 0 106
Abandonment and impairment of unproved properties 17,687 23,821
Derivative fair value loss (income) 75,890 (88,048)
Cash settlements on derivative financial instruments 207,544 222,716
Allowance for bad debt 450 250
Amortization of deferred financing costs, loss on extinguishment of debt and other 3,437 3,090
Deferred and stock-based compensation 71,718 19,792
Loss (gain) on the sale of assets 4,947 (2,734)
Changes in working capital:    
Accounts receivable 41,955 73,695
Inventory and other 10,500 (3,749)
Accounts payable (19,194) 3,492
Accrued liabilities and other (41,149) (50,955)
Net cash provided from operating activities 169,604 370,142
Investing activities:    
Additions to natural gas and oil properties (241,109) (671,166)
Additions to field service assets (1,304) (1,574)
Acreage purchases (23,554) (51,450)
Other 0 (75)
Proceeds from disposal of assets 190,803 14,301
Purchases of marketable securities held by the deferred compensation plan (22,115) (19,897)
Proceeds from the sales of marketable securities held by the deferred compensation plan 22,997 24,992
Net cash used in investing activities (74,282) (704,869)
Financing activities:    
Borrowings on credit facilities 647,000 1,009,000
Repayments on credit facilities (739,000) (1,368,000)
Issuance of senior notes 0 750,000
Debt issuance costs (124) (13,929)
Dividends paid (6,796) (13,534)
Change in cash overdrafts (6,804) (35,921)
Proceeds from the sales of common stock held by the deferred compensation plan 10,313 7,184
Net cash (used in) provided from financing activities (95,411) 334,800
(Decrease) increase in cash and cash equivalents (89) 73
Cash and cash equivalents at beginning of period 471 448
Cash and cash equivalents at end of period $ 382 $ 521