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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities    
Net income (loss) $ 121,018 $ 69,800
Adjustments to reconcile net income to cash flows from operating activities    
Depletion, depreciation, and amortization 115,561 105,395
Deferred income taxes 52,545 25,237
Stock-based compensation 6,865 5,152
Commodity derivatives expense (income) 58,617 145,024
Receipt (payment) on settlements of commodity derivatives 6,657 (88,127)
Gain on debt extinguishment (100,346) 0
Debt issuance costs and discounts 2,901 2,268
Other, net (57) (5,107)
Changes in assets and liabilities, net of effects from acquisitions    
Accrued production receivable (9,909) (17,385)
Trade and other receivables (271) (320)
Other current and long-term assets (3,389) (5,627)
Accounts payable and accrued liabilities (33,320) 14,999
Oil and natural gas production payable 1,746 (4,501)
Other liabilities (5,618) (1,182)
Net cash provided by operating activities 213,000 245,626
Cash flows from investing activities    
Oil and natural gas capital expenditures (148,254) (134,458)
Pipelines and plants capital expenditures (10,591) (7,882)
Net proceeds from sales of oil and natural gas properties and equipment 431 2,077
Other (725) 5,365
Net cash used in investing activities (159,139) (134,898)
Cash flows from financing activities    
Bank repayments (281,000) (1,153,653)
Bank borrowings 361,000 1,093,653
Interest payments treated as a reduction of debt (42,558) (37,233)
Cash paid in conjunction with debt exchange (120,007) 0
Costs of debt financing (9,332) 0
Pipeline financing and capital lease debt repayments (7,273) (12,625)
Other 12,899 (628)
Net cash used in financing activities (86,271) (110,486)
Net increase (decrease) in cash, cash equivalents, and restricted cash (32,410) 242
Cash, cash equivalents, and restricted cash at beginning of period 54,949 15,992
Cash, cash equivalents, and restricted cash at end of period $ 22,539 $ 16,234