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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income (loss) $ (447,710) $ 666,051 $ 170,935
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Net gain on divestiture activity (43,031) (646) (27,974)
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 921,009 767,532 822,872
Exploratory dry hole expense 36,612 44,427 5,846
Impairment of proved properties 468,679 84,480 172,641
Abandonment and impairment of unproved properties 78,643 75,638 46,105
Impairment of other property and equipment 49,369 0 0
Stock-based compensation expense 27,467 32,694 32,347
Change In Net Profits Plan Liability (19,525) (29,849) (21,842)
Derivative gain (408,831) (583,264) (3,080)
Derivative settlement gain 512,566 12,615 22,062
Amortization of deferred financing costs 7,710 6,146 5,390
Non-cash loss on extinguishment of debt 4,123 0 0
Deferred income taxes (276,722) 397,780 105,555
Plugging and abandonment (7,496) (8,796) (9,946)
Other, net 13,761 1,069 2,775
Changes in current assets and liabilities:      
Accounts receivable 140,200 24,088 (79,398)
Prepaid expenses and other 2,563 (1,822) 98
Accounts payable and accrued expenses (86,267) 9,466 91,516
Accrued derivative settlements 5,232 (41,034) 2,612
Net Cash Provided by Operating Activities 978,352 1,456,575 1,338,514
Cash flows from investing activities:      
Net proceeds from the sale of oil and gas properties 357,938 43,858 424,849
Capital expenditures (1,493,608) (1,974,798) (1,553,536)
Acquisition of proved and unproved oil and gas properties (7,984) (544,553) (61,603)
Other, net (985) (3,256) (2,613)
Net Cash Used in Investing Activities (1,144,639) (2,478,749) (1,192,903)
Cash flows from financing activities:      
Proceeds from credit facility 1,872,500 1,285,500 1,203,000
Repayment of credit facility (1,836,500) (1,119,500) (1,543,000)
Debt issuance costs related to credit facility 0 (3,388) (3,444)
Net proceeds from Senior Notes 490,951 589,991 490,185
Repayment of Senior Notes 350,000 0 0
Proceeds from sale of common stock 4,844 4,877 6,858
Dividends paid (6,772) (6,723) (6,663)
Net share settlement from issuance of stock awards (8,678) (10,624) (16,220)
Other, net (160) (87) (5)
Net Cash Provided by Financing Activities 166,185 740,046 130,711
Net change in cash and cash equivalents (102) (282,128) 276,322
Cash and cash equivalents at beginning of period 120 282,248 5,926
Cash and cash equivalents at end of period 18 120 282,248
Supplemental schedule of additional cash flow information and non-cash activities:      
Cash paid for interest, net of capitalized interest 126,988 89,145 70,702
Net cash paid (refunded) for income taxes $ 1,630 $ 1,936 $ (204)