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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Net income (loss) $ (13,139) $ 46,146
Net income (loss) (13,139) 46,146
Adjustments to net income (loss) to reconcile to net cash provided by operating activities:    
Net change in fair value of unsettled derivatives 21,202 (80,153)
Depreciation, depletion, and amortization 126,788 109,316
Impairment of properties and equipment 33,188 2,193
Accretion of asset retirement obligations 1,288 1,768
Non-cash stock-based compensation 5,261 4,454
(Gain) loss on sale of properties and equipment 1,432 (160)
Amortization of debt discount and issuance costs 3,246 3,184
Deferred income taxes (4,809) 26,280
Other 515 722
Changes in assets and liabilities 30,177 25,750
Net cash from operating activities 205,149 139,500
Cash flows from investing activities:    
Capital expenditures for development of crude oil and natural gas properties (196,917) (129,826)
Capital expenditures for other properties and equipment (1,066) (821)
Acquisition of crude oil and natural gas properties, including settlement adjustments (180,825) 6,181
Proceeds from sale of properties and equipment 20 737
Proceeds from divestiture 39,023 0
Restricted cash 1,249 0
Purchases of short-term investments 0 (49,890)
Net cash from investing activities (338,516) (173,619)
Cash flows from financing activities:    
Proceeds from revolving credit facility 35,000 0
Repayment of revolving credit facility (35,000) 0
Purchase of treasury shares (2,255) (2,017)
Other (379) (340)
Net cash from financing activities (2,634) (2,357)
Net change in cash, cash equivalents, and restricted cash (136,001) (36,476)
Cash, cash equivalents, and restricted cash, beginning of period 189,925 244,100
Cash, cash equivalents, and restricted cash, end of period 53,924 207,624
Cash payments (receipts) for:    
Interest, net of capitalized interest 12,343 13,224
Income taxes 193 (39)
Non-cash investing and financing activities:    
Change in accounts payable related to purchases of properties and equipment 51,093 69,604
Change in asset retirement obligation, with a corresponding change to crude oil and natural gas properties, net of disposals 5,354 1,233
Purchase of properties and equipment under capital leases $ 348 $ 1,190