Bonanza creek energy, inc. (BCEI)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Apr'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net income (loss)

152,611

67,067

176,016

183,486

147,323

168,186

56,324

17,289

8,850

-99,296

0

-200,092

0

-245,989

-

-705,279

-782,675

-774,363

-745,547

-215,072

-53,992

-11,669

20,283

88,903

57,902

71,459

69,184

56,801

42,441

49,232

46,523

33,296

34,708

20,910

12,691

0

0

0

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation, depletion, and amortization

82,278

76,453

68,381

59,468

50,134

41,883

37,185

33,548

28,820

42,524

0

79,957

0

106,048

-

141,959

173,298

212,296

244,921

257,863

262,469

246,661

228,856

209,207

182,778

158,279

140,547

114,441

95,915

80,084

68,445

54,325

43,343

36,948

31,507

0

0

0

Non-cash reorganization items

-

-

-

-

-

-

-

-

-

57,341

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax (benefit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

165,667

131,978

32,653

-9,920

-12,986

-109,203

-67,797

-41,009

-42,432

37,617

28,228

32,469

30,772

20,291

25,319

16,356

11,198

0

0

0

Abandonment and impairment of unproved properties

40,379

11,201

2,498

2,049

3,648

5,271

0

0

0

-

-

-

0

0

-

583,698

750,478

750,478

740,478

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Abandonment and impairment of unproved properties

-

-

-

-

-

-

-

-

-

-

-

7,911

-

17,786

-

36,379

30,328

34,980

33,543

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Well abandonment costs and dry hole expense

102

172

62

62

62

0

1

11

75

2,776

0

2,671

0

3,341

-

-1,093

916

5,862

5,630

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

6,745

6,886

7,412

7,112

7,528

7,156

5,968

6,873

12,638

13,355

0

13,182

0

7,613

-

10,850

12,149

14,129

14,552

14,355

14,353

17,346

20,716

20,234

19,725

15,057

12,638

11,286

10,079

8,190

4,483

0

0

0

-

-

-

-

Non-cash lease component

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred financing costs

485

487

401

278

155

30

0

0

0

0

0

901

0

2,572

-

3,293

3,333

2,365

2,280

2,248

2,272

1,856

1,588

1,417

1,382

1,541

1,505

1,318

900

630

700

803

1,021

1,090

1,004

0

0

0

Accretion of contractual obligation for land acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

814

1,396

1,470

1,312

1,153

761

761

761

761

0

0

0

-

-

-

-

-

-

-

-

Derivative (gain) loss

99,818

-37,145

61,626

32,654

2,469

30,271

-59,435

-46,119

-24,107

-15,365

0

2,696

0

-10,227

-

-6,438

29,250

36,695

56,558

158,126

171,078

149,249

121,615

16,732

-51,004

-16,134

-12,472

0

0

0

-

-

-

-

-

-

-

-

Derivative cash settlements

12,009

1,691

5,550

-6,145

-12,912

-18,160

-21,408

-13,086

-5,776

-1,464

0

6,932

0

10,825

-

58,373

91,742

103,038

130,996

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Valuation (increase) decrease in commodity derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Gain on sale of properties, net

51

1,177

298

27,018

28,450

27,324

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

5,322

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Inventory write-offs

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-219

-3,559

4,459

4,632

4,631

3,559

-4

-178

-183

-394

0

-177

0

-176

-

-1,273

-1,360

-1,340

-1,429

-283

41

37

12

0

0

0

-

-

-

-197

-169

62

-2

-6

40

0

0

0

Accounts receivable, net

-10,257

2,688

6,113

11,523

24,993

46,988

45,273

31,273

20,235

8,291

0

-14,473

0

-8,424

-

-36,419

-40,326

-41,976

-35,230

-30,714

-29,328

-7,643

21,376

18,071

49,357

32,124

26,315

34,666

17,269

13,107

20,738

23,804

20,304

25,707

11,712

0

0

0

Prepaid expenses and other assets

875

2,415

-51

-576

1,628

-2,214

916

1,314

-1,423

2,515

0

756

0

752

-

-6,403

-8,444

-8,695

-8,444

7,604

9,657

10,120

10,884

1,618

1,814

1,324

-1,394

790

499

976

1,164

630

1,061

922

1,164

0

0

0

Accounts payable and accrued liabilities

28,702

28,320

27,040

10,009

10,369

19,953

13,138

9,979

-9,036

22,622

0

28,595

0

22,617

-

-35,002

-29,058

-24,815

-23,655

-19,646

-16,776

13,074

35,392

60,069

81,388

76,302

50,897

49,580

18,010

15,470

22,769

12,611

11,262

9,673

5,996

0

0

0

Settlement of asset retirement obligations

2,740

2,722

2,579

2,419

1,968

2,041

1,728

1,505

1,832

1,343

0

1,360

0

935

-

562

423

623

867

0

0

0

-

-

-

-

73

-88

-88

-210

-162

-163

-221

-124

-155

0

0

0

Net cash provided by operating activities

230,920

224,647

212,584

178,897

142,416

116,598

83,177

73,556

43,477

43,226

0

11,626

0

3,684

-

83,077

141,961

184,998

226,023

237,520

280,807

329,830

339,958

391,855

374,156

344,900

307,015

256,110

192,074

179,749

157,636

115,941

95,190

68,126

60,627

0

0

0

Cash flows from investing activities:
Acquisition of oil and gas properties

13,009

14,087

13,931

13,335

4,156

2,892

2,238

1,696

5,481

5,822

0

4,703

0

5

-

3,587

5,172

5,420

16,270

14,285

188,389

189,746

179,566

181,711

8,536

14,065

13,797

12,079

21,718

14,559

13,920

13,235

1,585

2,057

1,809

0

0

0

Exploration and development of oil and gas properties

232,209

242,487

291,530

284,147

263,070

264,231

190,849

162,953

114,048

79,809

0

17,929

0

20,897

-

112,278

185,565

306,490

425,918

553,749

648,420

671,669

641,204

559,736

531,036

477,336

417,835

404,654

341,070

318,196

281,327

225,634

190,864

149,594

134,183

0

0

0

Proceeds from sale of oil and gas properties

604

1,757

1,153

104,267

104,267

103,134

103,134

20

20

0

0

0

0

-

-

-

-

-

-

-

-

-

6,700

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Natural gas plant capital expenditures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

282

1,024

1,486

2,121

5,202

8,237

13,264

12,816

15,788

16,632

18,055

23,580

22,687

0

0

0

Derivative cash settlements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,599

16,479

12,050

11,330

0

0

0

-

-

-

-

-

-

-

-

Proceeds from note receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

986

0

0

0

Operating bonds

-

-

-

-

-

-

-

-

-

-

-

-

-

-38

-

7,646

-452

-454

-2,987

0

0

0

-

-

-

-

-

-

-

-

-253

0

0

0

-

-

-

-

Additions to property and equipment - non oil and gas

627

341

339

255

360

387

547

993

977

1,075

0

747

0

594

-

525

2,121

1,272

2,809

3,208

2,929

6,921

6,269

6,894

6,501

4,590

5,138

4,598

4,263

3,897

3,107

2,926

2,463

1,738

1,208

0

0

0

Net cash used in investing activities

-245,241

-255,158

-304,647

-193,470

-163,319

-164,376

-90,500

-165,622

-120,486

-86,588

0

-23,339

0

-33,458

-

-134,599

-214,969

-323,179

-452,573

-572,030

-836,238

-882,220

-837,232

-769,026

-581,318

-516,083

-465,223

-447,958

-374,598

-341,973

-305,277

-255,989

-215,761

-180,135

-161,926

0

0

0

Cash flows from financing activities:
Proceeds from credit facility

0

-

-

-

0

-

-

-

-

0

0

0

0

0

-

231,000

259,000

302,000

137,000

0

0

0

-

-

-

-

102,000

107,700

128,900

169,900

151,400

77,900

60,900

51,200

108,100

0

0

0

Payments to credit facility

0

-

-

-

0

-

-

-

-

191,667

0

0

0

-

-

-

-

-

91,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

156,900

0

0

0

Proceeds from sale of common stock

-

-

-

-

-

-

-

-

-

207,500

0

0

0

-

-

-

-

-

209,308

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Offering costs related to sale of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,620

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Offering costs related to sale of Senior Notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

99

302

6,886

6,949

7,070

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payment of employee tax withholdings in exchange for the return of common stock

0

-

-

1,152

1,016

863

863

1,112

2,398

2,733

0

2,431

0

395

-

373

508

785

2,683

3,281

3,689

3,673

6,007

6,256

6,079

5,993

4,440

0

0

0

-

-

-

-

-

-

-

-

Principal payments on finance lease obligations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

0

162

-

342

291

749

599

879

902

625

647

707

689

419

445

512

529

1,127

1,111

-67

1,096

1,332

2,284

0

0

0

Net cash provided by (used in) financing activities

-7,314

28,604

76,435

1,741

47,845

47,998

237

59,856

12,602

-2,733

0

-82,492

0

-96,890

-

159,626

227,839

286,266

245,307

267,218

534,216

491,561

319,276

452,420

197,632

299,355

334,522

204,371

226,003

165,394

149,819

144,740

123,176

111,240

103,389

0

0

0

Net change in cash, cash equivalents, and restricted cash

-21,635

-1,907

-15,628

-12,832

26,942

220

-7,086

-32,210

-64,407

-46,095

0

-94,205

0

-126,664

-

108,104

154,831

148,085

18,757

-67,292

-21,215

-60,829

-177,998

75,249

-9,530

128,172

176,314

12,523

43,479

3,170

2,178

0

0

0

-

-

-

0

Supplemental cash flow disclosure
Cash paid for interest, net of capitalization

3,695

4,110

3,713

2,866

2,981

2,582

2,088

1,236

785

4,007

0

34,024

0

52,884

-

57,042

55,723

54,172

54,566

54,565

45,864

45,755

36,325

28,524

28,396

11,855

12,860

4,544

4,723

4,139

2,914

2,448

2,669

2,735

3,101

0

0

0

Severance and ad valorem tax refund

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Severance and ad valorem tax refund

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

820

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for reorganization items

-

-

-

-

-

-

-

-

-

52,968

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in working capital related to drilling expenditures

22,532

30,354

14,900

1,097

-8,191

11,769

24,193

9,224

30,307

20,461

0

8,564

0

-11,426

-

-68,896

-62,912

-33,719

-50,385

-34,344

-21,982

-52,245

1,873

43,983

32,792

57,971

29,273

12,753

5,368

5,982

37,545

32,277

44,438

33,564

9,555

0

0

0

Cash paid for amounts included in the measurement of lease liabilities

-

-

-

-

-

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current Credit Facility
Proceeds from Credit Facility

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prior Credit Facility
Proceeds from Credit Facility

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-