| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
Cash Flows From Operating Activities | |||||||||
Net Income (Loss) Attributable to Parent | |||||||||
404,427 | 87,110 | -675,474 | -1,155,154 | 226,343 | 43,683 | 55,487 | 36,629 | 11,725 | -204,845 |
(Income) loss from discontinued operations, net of income taxes | |||||||||
- | - | - | 2,731 | 4,060 | 21,825 | 4,310 | 4,095 | - | - |
Adjustments to reconcile net income to net cash provided by operating activities | |||||||||
Depreciation, depletion and amortization | |||||||||
299,530 | 262,589 | 213,962 | 300,035 | 317,383 | 214,291 | 165,993 | 84,606 | 47,030 | 52,005 |
Impairment of proved oil and gas properties | |||||||||
0 | 0 | 576,540 | 1,224,367 | 0 | 0 | - | - | - | 338,914 |
(Gain) loss on derivatives, net | |||||||||
6,709 | -59,103 | -49,073 | 99,261 | 201,907 | -18,417 | - | - | - | - |
Cash paid for commodity derivative settlements, net | |||||||||
-96,307 | 7,773 | 119,369 | 194,296 | -13,529 | 12,491 | - | - | - | - |
Loss on extinguishment of debt | |||||||||
-9,586 | -4,170 | 0 | -38,137 | 0 | 0 | - | - | -31,023 | 0 |
Accretion expense related to asset retirement obligations | |||||||||
- | - | - | - | - | - | - | 235 | 216 | 308 |
Loss on sale of oil and gas properties | |||||||||
- | - | - | - | - | -45,377 | 0 | 0 | - | - |
Non-cash portion of gain/loss on derivatives, net | |||||||||
- | - | - | - | - | - | -7,553 | 12,971 | 14,564 | -33,401 |
Stock-based compensation expense, net | |||||||||
13,524 | 14,309 | 36,086 | 14,729 | 25,878 | 29,373 | 11,689 | 11,864 | 16,608 | 11,297 |
Deferred income tax (benefit) expense | |||||||||
4,381 | 3,635 | 0 | -140,875 | 127,927 | 10,934 | 30,142 | 24,546 | 2,449 | -113,378 |
Allowance for doubtful accounts | |||||||||
- | - | - | - | - | - | - | - | 485 | 772 |
Non-cash interest expense, net | |||||||||
2,567 | 3,657 | 4,172 | 4,289 | 4,272 | 3,932 | 4,584 | 3,061 | 7,716 | 5,898 |
Impairment (recovery) of investment in Pinnacle | |||||||||
- | - | - | - | - | - | - | - | - | 2,091 |
Other, net | |||||||||
-4,216 | -2,337 | -3,753 | -5,709 | -2,379 | -3,704 | -6,036 | -4,033 | -3,097 | -5,869 |
Changes in components of working capital and other assets and liabilities- | |||||||||
Accounts receivable | |||||||||
-24,008 | 41,630 | 12,836 | -29,781 | 1,334 | -11,557 | 67,120 | 23,910 | 10,040 | 656 |
Accounts payable | |||||||||
16,013 | 11,822 | -30,130 | -12,617 | 27,238 | 13,595 | 26,942 | 33,457 | 913 | 558 |
Accrued liabilities | |||||||||
-19,154 | 11,512 | -7,938 | -17,517 | -3,096 | -12,588 | 21,832 | 9,354 | -69 | 2,014 |
Other assets and liabilities, net | |||||||||
2,527 | 3,406 | 3,809 | 4,453 | 5,219 | 5,467 | 5,757 | 11,298 | 2,173 | 876 |
Net cash provided by operating activities from continuing operations | |||||||||
- | - | - | 378,735 | 502,275 | 367,474 | 253,071 | 155,511 | 94,416 | - |
Net cash used in operating activities from discontinued operations | |||||||||
- | - | - | -1,368 | -656 | -623 | -845 | -1,173 | 0 | - |
Net cash provided by operating activities | |||||||||
653,555 | 422,981 | 272,768 | 377,367 | 501,619 | 366,851 | 252,226 | 154,338 | 94,416 | 133,372 |
Cash Flows From Investing Activities | |||||||||
Capital expenditures | |||||||||
968,828 | 654,711 | 480,929 | 675,952 | 861,354 | 786,976 | 735,711 | 516,004 | 340,784 | - |
Acquisition of oil and gas properties | |||||||||
204,854 | 695,774 | 153,521 | 1,817 | 92,961 | 0 | 0 | - | - | - |
Capital expenditures - other property and equipment | |||||||||
- | - | - | - | - | 968 | 4,176 | 1,363 | 843 | 182,907 |
Increase (decrease) in capital expenditure payables and accruals | |||||||||
- | - | - | - | - | - | - | -49,346 | -22,540 | 25,685 |
Proceeds from divestitures of oil and gas properties, net | |||||||||
381,434 | 197,564 | 15,564 | 8,047 | 12,576 | 238,470 | 341,597 | 167,265 | 54,217 | 48,524 |
Advances to operators | |||||||||
- | - | - | - | - | - | - | -390 | -53 | 204 |
Advances for joint operations | |||||||||
- | - | - | - | - | - | - | -50,772 | -1,668 | 2,076 |
Other, net | |||||||||
3,720 | 6,531 | 946 | 3,654 | -1,063 | -39,589 | 66,861 | 474 | 966 | 105 |
Net cash used in investing activities from continuing operations | |||||||||
- | - | - | -673,376 | -940,676 | -509,885 | -465,151 | -250,068 | -264,115 | - |
Net cash used in investing activities from discontinued operations | |||||||||
- | - | - | -2,678 | -7,834 | 124,533 | -42,265 | -35,930 | -6,181 | - |
Net cash used in investing activities | |||||||||
-795,968 | -1,159,452 | -619,832 | -676,054 | -948,510 | -385,352 | -507,416 | -285,998 | -270,296 | -162,453 |
Cash Flows From Financing Activities | |||||||||
Issuance of senior notes | |||||||||
0 | 245,418 | 0 | 650,000 | 301,500 | 0 | - | - | - | - |
Redemptions of senior notes | |||||||||
460,540 | 152,813 | 0 | 626,681 | 0 | 69,325 | - | - | - | - |
Redemption of preferred stock | |||||||||
50,030 | 0 | 0 | - | - | - | - | - | - | - |
Payment of deferred purchase payment | |||||||||
- | - | - | 150,000 | 0 | 0 | - | - | - | - |
Borrowings under credit agreement | |||||||||
3,309,400 | 1,992,523 | 770,291 | 1,126,860 | 986,041 | 582,000 | 1,040,772 | 879,061 | 910,127 | 128,113 |
Repayments of borrowings under credit agreement | |||||||||
2,856,269 | 1,788,223 | 683,291 | 1,126,860 | 986,041 | 582,000 | 796,000 | 752,660 | 917,148 | 96,461 |
Payments of credit facility amendment fees | |||||||||
1,674 | 4,469 | 1,330 | 12,420 | 6,510 | 3,257 | 7,101 | 9,622 | 12,213 | 3,927 |
Sale of common stock, net of offering costs | |||||||||
213,746 | 222,378 | 223,700 | 470,158 | 0 | 189,686 | 0 | 0 | 188,534 | - |
Sale of preferred stock, net of issuance costs | |||||||||
0 | 236,404 | 0 | 0 | - | - | - | - | - | - |
Excess tax benefits from stock-based compensation | |||||||||
- | - | - | - | 4,863 | 1,969 | 0 | 0 | - | - |
Proceeds from stock options exercised | |||||||||
- | - | - | 46 | 437 | 1,253 | 107 | 47 | 690 | 9 |
Payments of dividends on preferred stock | |||||||||
18,161 | 7,781 | 0 | 0 | - | - | - | - | - | - |
Other, net | |||||||||
-1,317 | -1,620 | -1,069 | -336 | 0 | 0 | - | - | - | - |
Net cash provided by financing activities from continuing operations | |||||||||
- | - | - | 330,767 | 300,290 | 120,326 | 237,778 | 116,826 | 169,990 | - |
Net cash provided by financing activities from discontinued operations | |||||||||
- | - | - | 0 | 0 | 3,000 | 41,914 | 38,818 | 6,181 | - |
Net cash provided by (used in) financing activities | |||||||||
135,155 | 741,817 | 308,340 | 330,767 | 300,290 | 123,326 | 279,692 | 155,644 | 176,171 | 27,734 |
Net Decrease in Cash and Cash Equivalents | |||||||||
-7,258 | 5,346 | -38,724 | 32,080 | -146,601 | 104,825 | 24,502 | 23,984 | 291 | -1,347 |
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS FROM DISCONTINUED OPERATIONS | |||||||||
- | - | - | - | - | - | - | - | 0 | - |
SUPPLEMENTAL CASH FLOW DISCLOSURES | |||||||||
Cash paid for interest, net of amounts capitalized | |||||||||
- | - | - | - | - | - | - | 26,077 | 24,218 | 16,347 |
Cash paid for income taxes | |||||||||
- | - | - | - | - | - | - | 4,156 | 95 | 67 |