XML 18 R5.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Statement of Cash Flows [Abstract]    
Net income (loss) $ 49,248 $ (717,630)
Adjustments to net income (loss) to reconcile to net cash provided by operating activities:    
Net change in fair value of unsettled commodity derivatives 491,830 (18,338)
Depreciation, depletion and amortization 478,617 470,152
Impairment of properties and equipment 329 882,327
Accretion of asset retirement obligations 9,185 7,398
Non-cash stock-based compensation 17,294 17,441
Loss (gain) on sale of properties and equipment (561) (642)
Amortization of debt discount and issuance costs 11,195 12,546
Deferred income taxes 0 (2,431)
Other 2,353 1,950
Changes in assets and liabilities (31,670) (3,461)
Net cash from operating activities 1,027,820 649,312
Cash flows from investing activities:    
Capital expenditures for development of crude oil and natural gas properties (428,831) (445,505)
Capital expenditures for other properties and equipment (363) (1,940)
Acquisition of crude oil and natural gas properties, including settlement adjustments 0 (139,812)
Proceeds from sale of properties and equipment 4,720 1,539
Proceeds from Divestiture of Businesses 0 1,796
Net cash from investing activities (424,474) (583,922)
Cash flows from financing activities:    
Proceeds from revolving credit facility 502,800 1,485,600
Repayment of revolving credit facility (670,800) (1,204,600)
Proceeds from Secured Notes Payable 0 148,500
Early Repayment of Senior Debt 0 452,153
Repayments of Convertible Debt (200,000) 0
Payments of Debt Issuance Costs 0 6,197
Purchase of treasury shares for employee stock-based compensation tax withholding obligations (5,836) (8,412)
Purchase of treasury shares under stock repurchase program (107,318) (23,819)
Dividends paid (23,600) 0
Finance Lease, Principal Payments (1,293) (1,454)
Net cash from financing activities (506,047) (62,535)
Net change in cash, cash equivalents, and restricted cash 97,299 2,855
Cash, cash equivalents and restricted cash, beginning of period 2,623 963
Cash, cash equivalents and restricted cash, end of period $ 99,922 $ 3,818