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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities    
Net income (loss) $ 10,295 $ 28,081
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, depletion and amortization 22,081 9,810
Derivative contracts:    
Net (gains) losses 18,795 (17,016)
Cash settlements, net (7,576) (1,992)
Deferred Income Tax Expense (Benefit) 163 0
Gain on sales of assets, net (75) (65)
Non-cash interest expense 796 188
Share-based compensation (equity-classified) 1,576 846
Other, net 13 18
Changes in operating assets and liabilities, net (7,386) (10,728)
Net cash provided by operating activities 38,682 9,142
Cash flows from investing activities    
Acquisitions, net (83,338) 0
Capital expenditures (77,839) (17,741)
Proceeds from sales of assets, net 1,551 0
Net cash used in investing activities (159,626) (17,741)
Cash flows from financing activities    
Proceeds from credit facility borrowings 118,000 7,000
Repayment of credit facility borrowings 0 (2,000)
Debt issuance costs paid (754) 0
Proceeds from (Payments for) Other Financing Activities 0 (30)
Net cash provided by financing activities 117,246 4,970
Cash paid for:    
Interest, net of amounts capitalized 3,662 348
Reorganization items, net 161 634
Non-cash investing and financing activities:    
Changes in accrued liabilities related to capital expenditures 9,616 2,262
Increase (Decrease) in Accounts Receivable, Acquisitions (26,627) 0
Increase (Decrease) in Other Assets, Acquisitions (2,469) 0
Increase (Decrease) in Accrued Liabilities, Acquisitions (15,320) 0
Net decrease in cash and cash equivalents (3,698) (3,629)
Cash and cash equivalents – beginning of period 11,017 6,761
Cash and cash equivalents – end of period $ 7,319 $ 3,132