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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
OPERATING ACTIVITIES:    
Net income (loss) $ (218,088) $ 37,138
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion, and amortization 198,632 178,976
Impairments (Note 2) 234,880 0
Amortization of debt issuance costs and debt discount (Note 7) 1,677 1,645
(Gain) loss on derivatives (Note 11) (5,232) 25,608
Cash receipts (payments) on derivatives settled, net (Note 11) 11,829 (18,040)
Deferred tax expense (benefit) (53,081) 12,380
(Gain) loss on disposition of assets 1,424 (575)
Stock compensation plans 17,027 17,397
Contract assets and liabilities, net (Note 3) (1,930) (3,671)
Other, net 2,332 2,835
Changes in operating assets and liabilities increasing (decreasing) cash:    
Accounts receivable 38,821 (10,611)
Accounts payable (31,606) (14,867)
Material and supplies (51) 0
Accrued liabilities 17,086 16,242
Other, net 5,730 (2,975)
Net cash provided by operating activities 219,450 241,482
INVESTING ACTIVITIES:    
Capital expenditures (364,954) (304,054)
Producing properties and other acquisitions (3,345) (769)
Proceeds from disposition of assets 10,506 25,316
Net cash used in investing activities (357,793) (279,507)
FINANCING ACTIVITIES:    
Borrowings under credit agreement 392,200 71,200
Payments under credit agreement (254,000) (249,200)
Payments on finance leases (2,984) (2,869)
Proceeds from investments of non-controlling interests 0 300,000
Employee taxes paid by withholding shares (4,080) (4,947)
Transaction costs associated with non-controlling interests 0 (2,303)
Distributions to non-controlling interest (918) 0
Bank overdrafts 2,285 17,000
Net cash provided by financing activities 132,503 128,881
Net increase (decrease) in cash and cash equivalents (5,840) 90,856
Cash and cash equivalents, beginning of period 6,452 701
Cash and cash equivalents, end of period 612 91,557
Cash paid during the year for:    
Interest paid (net of capitalized) 13,686 14,418
Income taxes 0 3,600
Changes in accounts payable and accrued liabilities related to purchases of property, plant, and equipment 40,210 (28,770)
Non-cash (addition) reduction to oil and natural gas properties related to asset retirement obligations $ 1,906 $ 8,546