| Dec'19 | Dec'18 | Dec'16 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net Income (Loss) Attributable to Parent | ||||||
43,539 | 147,102 | - | ||||
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||
Depreciation, Depletion and Amortization | ||||||
106,006 | 86,271 | - | ||||
Amortization of debt issuance costs | ||||||
5,059 | 5,430 | - | ||||
Impairment of oil and gas properties | ||||||
51,081 | 0 | - | ||||
Stock-based compensation expense | ||||||
8,647 | 6,750 | - | ||||
Deferred income taxes | ||||||
-36,778 | 43,946 | - | ||||
Increase in allowance for doubtful accounts | ||||||
153 | -20 | - | ||||
Other operating expenses | ||||||
-5,518 | 2,747 | - | ||||
Reorganization expenses, net (non-cash) | ||||||
0 | -25,523 | - | ||||
Derivative activities: | ||||||
Gain (Loss) on Derivative Instruments, Net, Pretax | ||||||
-44,955 | 1,735 | - | ||||
Cash settlements on derivatives | ||||||
-42,197 | 38,000 | - | ||||
Cash payments on early-terminated derivatives | ||||||
0 | 126,949 | - | ||||
Changes in assets and liabilities: | ||||||
Decrease (increase) in accounts receivable | ||||||
14,597 | 1,683 | - | ||||
Increase in other assets | ||||||
5,136 | 819 | - | ||||
Decrease in accounts payable and accrued expenses | ||||||
-917 | 19,526 | - | ||||
Decrease in other liabilities | ||||||
-7,898 | -5,596 | - | ||||
Net cash provided by operating activities | ||||||
241,829 | 105,471 | - | ||||
Cash flows from investing activities: | ||||||
Capital expenditures: | ||||||
Development of oil and natural gas properties | ||||||
219,176 | 94,225 | - | ||||
Purchases of other property and equipment | ||||||
16,792 | 15,056 | - | ||||
Changes in capital investment accruals | ||||||
12,814 | -20,371 | - | ||||
Acquisition of properties and equipment | ||||||
2,840 | 0 | - | ||||
Proceeds from sale of property and equipment and other | ||||||
969 | 8,212 | - | ||||
Net cash used in investing activities | ||||||
-225,025 | -121,440 | - | ||||
Cash flows from financing activities: | ||||||
Dividends paid on common stock | ||||||
39,000 | 7,000 | - | ||||
Purchase of treasury stock | ||||||
46,909 | 23,351 | - | ||||
Shares withheld for payment of taxes on equity awards and other | ||||||
1,268 | 3,699 | - | ||||
Proceeds from Issuance of Unsecured Debt | ||||||
0 | 400,000 | - | ||||
Payments of Debt Issuance Costs | ||||||
0 | 9,193 | - | ||||
Proceeds from Issuance Initial Public Offering | ||||||
0 | 133,805 | - | ||||
Repurchase of common stock | ||||||
0 | 23,712 | - | ||||
Payments for Repurchase of Convertible Preferred Stock | ||||||
0 | 60,273 | - | ||||
Dividends paid on Series A preferred stock | ||||||
0 | 11,301 | - | ||||
Proceeds from Issuance of Convertible Preferred Stock | ||||||
0 | 0 | - | ||||
Net cash used in financing activities | ||||||
-85,484 | 15,911 | - | ||||
Net increase (decrease) in cash and cash equivalents | ||||||
-68,680 | -58 | - | ||||
Predecessor | ||||||
Net Income (Loss) Attributable to Parent | ||||||
- | - | -1,283,196 | ||||
Depreciation, depletion and amortization | ||||||
- | - | 178,223 | ||||
Amortization of debt issuance costs | ||||||
- | - | 1,849 | ||||
Impairment of long-lived asset | ||||||
- | - | 1,030,588 | ||||
Stock-based compensation expense | ||||||
- | - | 0 | ||||
Deferred income taxes | ||||||
- | - | -11 | ||||
(Decrease) increase in allowance for doubtful accounts | ||||||
- | - | 0 | ||||
(Gains) losses on sale of assets and other, net | ||||||
- | - | 212 | ||||
Reorganization expenses, net - non-cash | ||||||
- | - | 43,289 | ||||
Total (gains) losses | ||||||
- | - | -20,386 | ||||
Cash settlements on normal derivatives | ||||||
- | - | -8,007 | ||||
Cash payments on early-terminated derivatives | ||||||
- | - | -1,701 | ||||
(Increase) decrease in accounts receivable | ||||||
- | - | 6,556 | ||||
(Increase) decrease in other assets | ||||||
- | - | -1,962 | ||||
Increase (decrease) in accounts payable and accrued expenses | ||||||
- | - | 22,101 | ||||
(Decrease) increase in other liabilities | ||||||
- | - | -4,934 | ||||
Net cash provided by (used in) operating activities | ||||||
- | - | 13,197 | ||||
Development of oil and natural gas properties | ||||||
- | - | 21,988 | ||||
Purchases of other property and equipment | ||||||
- | - | 12,808 | ||||
Acquisition of properties | ||||||
- | - | 0 | ||||
Proceeds from sale of properties and equipment and other | ||||||
- | - | 194 | ||||
Net cash provided by (used in) investing activities | ||||||
- | - | -34,602 | ||||
Dividends paid on common stock | ||||||
- | - | 0 | ||||
Purchase of treasury stock | ||||||
- | - | 0 | ||||
Shares withheld for payment of taxes on equity awards | ||||||
- | - | 0 | ||||
Issuance of 2026 Senior Unsecured Notes | ||||||
- | - | 0 | ||||
Payments of Debt Issuance Costs | ||||||
- | - | 0 | ||||
IPO proceeds net of issuance costs | ||||||
- | - | 0 | ||||
Repurchase of common stock | ||||||
- | - | 0 | ||||
Payment to preferred stockholders in conversion | ||||||
- | - | 0 | ||||
Dividends paid on Series A preferred stock | ||||||
- | - | 0 | ||||
Proceeds from sale of Series A Preferred Stock | ||||||
- | - | 0 | ||||
Net cash provided by (used in) financing activities | ||||||
- | - | -1,701 | ||||
Net (decrease) increase in cash and cash equivalents | ||||||
- | - | -23,106 | ||||
RBL Facility | ||||||
Proceeds from Long-term Lines of Credit | ||||||
355,132 | 203,510 | - | ||||
Repayments of Long-term Lines of Credit | ||||||
353,282 | 582,510 | - | ||||
Emergence Credit Facility | ||||||
Proceeds from Long-term Lines of Credit | ||||||
0 | 0 | - | ||||
Repayments of Long-term Lines of Credit | ||||||
0 | 0 | - | ||||
Pre-Emergence Credit Facility | ||||||
Repayments of Long-term Lines of Credit | ||||||
0 | 0 | - | ||||