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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) $ (4,385,448) $ 635,491 $ 409,597
Adjustments to reconcile net income (loss) to cash flows from operating activities      
Depletion, depreciation, and amortization 531,660 592,972 509,943
Write-down of oil and natural gas properties 4,939,600 0 0
Impairment of goodwill 1,261,512 0 0
Deferred income taxes (1,932,179) 429,973 222,526
Stock-based compensation 30,604 30,513 33,003
Commodity derivatives expense (income) (147,999) (555,255) 41,024
Receipt (payment) on settlements of commodity derivatives 511,699 1,421 (662)
Loss on early extinguishment of debt 0 113,908 44,651
Amortization of debt issuance costs and discounts 9,121 13,476 14,023
Other, net 343 6,311 (2,318)
Changes in assets and liabilities, net of effects from acquisitions      
Accrued production receivable 81,213 80,285 (15,085)
Trade and other receivables 67,047 (78,469) 4,981
Other current and long-term assets 241 3,174 10,462
Accounts payable and accrued liabilities (55,234) 501 91,816
Oil and natural gas production payable (40,833) (46,506) 12,731
Other liabilities (7,043) (4,970) (15,497)
Net cash provided by operating activities 864,304 1,222,825 1,361,195
Cash flows from investing activities      
Oil and natural gas capital expenditures (476,398) (946,846) (900,221)
Acquisitions of oil and natural gas properties (21,876) (8,773) (9,243)
CO2 capital expenditures (26,301) (48,134) (93,744)
Pipelines and plants capital expenditures (31,728) (72,151) (184,286)
Purchases of other assets (5,492) (3,197) (65,987)
Net proceeds from sales of oil and natural gas properties and equipment 563 3,453 8,037
Other 11,047 (1,107) (29,865)
Net cash used in investing activities (550,185) (1,076,755) (1,275,309)
Cash flows from financing activities      
Bank repayments (1,862,000) (2,609,000) (1,550,000)
Bank borrowings 1,642,000 2,664,000 1,190,000
Repayment of senior subordinated notes (485) (997,345) (651,270)
Premium paid on repayment of senior subordinated notes 0 (101,342) (36,475)
Proceeds from issuance of senior subordinated notes 0 1,250,000 1,200,000
Costs of debt financing (1,668) (24,407) (20,161)
Common stock repurchase program (11,759) (211,356) (281,958)
Cash dividends paid (65,426) (87,044) 0
Other (35,122) (18,610) (22,346)
Net cash used in financing activities (334,460) (135,104) (172,210)
Net increase (decrease) in cash and cash equivalents (20,341) 10,966 (86,324)
Cash and cash equivalents at beginning of year 23,153 12,187 98,511
Cash and cash equivalents at end of year $ 2,812 $ 23,153 $ 12,187