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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) (in thousands) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities:        
Net loss $ (98,292) $ 42,234 $ (599,439) $ (84,946)
Adjustments to reconcile net loss to net cash provided by operating activities:        
Net gain on divestiture activity 0 0 (91) (323)
Depletion, depreciation, amortization, and asset retirement obligation liability accretion 181,708 211,125 596,053 595,201
Impairment 8,750 6,337 1,007,263 25,092
Stock-based compensation expense     15,437 18,758
Net derivative gain 63,871 (100,889) (314,269) (3,463)
Derivative settlement gain     286,270 23,843
Amortization of debt discount and deferred financing costs     13,084 11,554
Gain on extinguishment of debt (25,070) 0 (264,546) 0
Deferred income taxes (22,796) 19,617 (159,064) (13,620)
Other, net     (6,203) (2,291)
Net change in working capital     (40,411) 11,781
Net cash provided by operating activities     534,084 581,586
Cash flows from investing activities:        
Net proceeds from the sale of oil and gas properties (1) [1]     92 12,520
Capital expenditures     (419,777) (788,642)
Acquisition of proved and unproved oil and gas properties     (7,075) (2,581)
Net cash used in investing activities     (426,760) (778,703)
Cash flows from financing activities:        
Proceeds from revolving credit facility     1,165,500 1,124,500
Repayment of revolving credit facility     (1,110,000) (995,500)
Debt issuance costs related to 10.0% Senior Secured Notes due 2025     (12,886) 0
Cash paid to repurchase Senior Notes     (94,262) 0
Repayment of 1.50% Senior Convertible Notes due 2021     (53,508) 0
Net proceeds from sale of common stock     947 1,959
Dividends paid     (1,130) (5,612)
Other, net     (1,985) (2,684)
Net cash provided by (used in) financing activities     (107,324) 122,663
Net change in cash, cash equivalents, and restricted cash     0 (74,454)
Cash, cash equivalents, and restricted cash at beginning of period     10 77,965
Cash, cash equivalents, and restricted cash at end of period 10 3,511 10 3,511
Supplemental Cash Flow Information - Operating activities:        
Cash paid for interest, net of capitalized interest     (122,174) (113,122)
Supplemental Cash Flow Information - Investing activities:        
Increase (decrease) in capital expenditure accruals and other     (17,405) 34,878
Non-cash investing and financing activities        
Non-cash investing and financing activities (2)(3) [2],[3]    
Cash and cash equivalents 10 10 10 10
Restricted cash (1) [1] $ 0 $ 3,501 $ 0 $ 3,501
[1] (1)    As of September 30, 2019, a portion of net proceeds from the sale of oil and gas properties was restricted for future property acquisitions.
[2] (2)    Please refer to Note 3 - Divestitures, Assets Held for Sale, and Acquisitions for discussion of the carrying value of properties exchanged during the nine months ended September 30, 2020, and 2019, respectively.
[3] (3)    Please refer to Note 5 - Long-Term Debt for discussion of the debt transactions executed during the nine months ended September 30, 2020.