Carrizo oil & gas, inc. (CRZO)
CashFlow / TTM
Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'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) Attributable to Parent

627,429

600,474

528,298

404,427

127,107

53,584

74,581

87,110

103,371

-5,626

-324,058

-675,474

-1,054,860

-1,661,333

-1,445,339

-1,155,154

-640,730

150,706

199,157

226,343

68,095

-11,173

23,477

43,683

86,162

80,711

72,246

55,487

43,507

66,079

45,317

36,629

0

0

0

(Income) loss from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,731

7,033

6,704

4,971

4,060

-2,522

-4,505

-2,478

21,825

25,326

27,532

29,221

4,310

0

0

0

-

-

-

-

Adjustments to reconcile net income to net cash provided by operating activities
Depreciation, depletion and amortization

320,808

318,721

310,385

299,530

298,576

286,032

272,674

262,589

234,488

215,873

208,767

213,962

226,069

258,376

285,741

300,035

322,929

325,245

326,660

317,383

291,616

263,406

233,188

214,291

196,121

187,277

180,129

165,993

148,469

122,276

99,491

84,606

0

0

0

Impairment of proved oil and gas properties

-

-

-

-

-

-

-

-

-

-

-

576,540

988,155

1,695,850

1,498,780

1,224,367

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on derivatives, net

128,126

41,184

-46,979

6,709

-238,805

-207,794

-114,015

-59,103

7,869

43,990

-34,310

-49,073

26,727

43,735

83,375

99,261

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for commodity derivative settlements, net

-40,536

-65,019

-84,580

-96,307

-64,651

-31,933

-8,111

7,773

28,263

42,164

69,725

119,369

151,207

178,566

196,395

194,296

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-910

-910

-910

-9,586

-12,846

-12,846

-12,846

-4,170

0

0

0

-

-

-

-

-38,137

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Accretion expense related to asset retirement obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

300

284

263

235

0

0

0

Non-cash portion of gain/loss on derivatives, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-29,790

-24,985

-21,280

-7,553

-4,596

36,601

15,835

12,971

0

0

0

Stock-based compensation expense, net

11,430

10,769

14,121

13,524

19,633

21,437

15,813

14,309

13,714

17,268

26,578

36,086

36,360

22,347

16,398

14,729

6,872

11,535

23,570

25,878

38,244

49,046

35,051

29,373

20,405

15,623

14,156

11,689

15,891

6,741

12,030

11,864

0

0

0

Deferred income tax (benefit) expense

-168,485

-173,669

-175,030

4,381

4,698

4,164

3,828

3,635

0

0

0

-

-

-

-

-140,875

-61,519

89,661

112,463

127,927

33,989

-12,755

13,418

10,934

35,023

32,572

26,306

30,142

27,936

41,371

28,767

24,546

0

0

0

Allowance for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Non-cash interest expense, net

2,639

2,576

2,508

2,567

2,574

2,845

3,228

3,657

4,028

4,182

4,103

4,172

3,830

3,566

3,478

4,289

5,815

5,713

5,568

4,272

2,736

2,892

3,298

3,932

4,565

4,879

4,860

4,584

3,901

3,582

3,229

3,061

0

0

0

Other, net

-3,621

-2,320

-8,269

-4,216

-2,188

-3,545

1,972

-2,337

-5,575

-4,178

-4,257

-3,753

-3,582

-2,667

1,423

-5,709

-8,638

-6,169

-9,526

-2,379

-210

-5,047

-6,141

-3,704

-5,179

-4,494

-3,526

-6,036

340

-1,768

-3,347

-4,033

0

0

0

Changes in components of working capital and other assets and liabilities-
Accounts receivable

-29,339

-13,747

-8,961

-24,008

28,508

31,099

28,143

41,630

40,489

19,538

13,520

12,836

-4,154

-24,657

-21,199

-29,781

-27,828

-25,537

-17,654

1,334

-7,880

6,644

3,130

-11,557

-6,005

40,779

44,158

67,120

81,897

52,277

42,734

23,910

0

0

0

Accounts payable

4,398

5,591

-13,898

16,013

7,937

1,214

20,687

11,822

4,912

3,556

-4,758

-30,130

-14,796

-15,380

-17,658

-12,617

-23,901

6,275

3,677

27,238

7,776

-55,650

-5,851

13,595

34,086

49,817

28,387

26,942

36,797

75,972

51,897

33,457

0

0

0

Accrued liabilities

6,492

6,462

-4,269

-19,154

-9,794

-7,021

9,349

11,512

11,986

6,488

-8,425

-7,938

-19,857

-19,688

-17,193

-17,517

-7,939

4,339

-8,714

-3,096

-15,408

-7,593

7,437

-12,588

556

-3,569

-11,258

21,832

17,160

11,844

14,854

9,354

0

0

0

Other assets and liabilities, net

3,609

2,219

2,720

2,527

3,735

3,710

3,498

3,406

2,461

3,728

3,798

3,809

3,911

2,230

4,195

4,453

4,571

6,403

4,879

5,219

5,579

3,976

5,601

5,467

5,992

6,758

5,536

5,757

6,568

7,877

10,047

11,298

0

0

0

Net cash provided by operating activities from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

378,735

397,807

472,281

472,895

502,275

445,908

349,398

379,139

367,474

386,685

321,485

260,575

253,071

0

0

0

-

-

-

-

Net cash used in operating activities from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,368

-741

-973

-401

-656

-1,385

-1,446

-1,018

-623

-843

-716

-470

-845

0

0

0

-

-

-

-

Net cash provided by operating activities

666,310

679,479

639,934

653,555

607,676

519,698

485,297

422,981

355,518

325,884

295,308

272,768

292,242

338,974

357,969

377,367

397,066

471,308

472,494

501,619

444,523

347,952

378,121

366,851

385,842

320,769

260,105

252,226

200,269

225,315

185,303

154,338

0

0

0

Cash Flows From Investing Activities
Capital expenditures

863,673

900,667

905,185

968,828

883,609

794,725

765,647

654,711

568,245

531,693

478,689

480,929

480,581

537,818

592,394

675,952

737,453

765,338

873,022

861,354

904,444

888,405

771,595

786,976

707,789

722,682

757,912

735,711

718,186

682,436

599,498

516,004

0

0

0

Acquisition of oil and gas properties

191,576

213,076

213,076

204,854

25,268

679,241

688,742

695,774

845,527

170,054

160,553

153,521

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures - other property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

850

147

156

968

1,174

1,984

2,454

4,176

0

0

0

-

-

-

-

Increase (decrease) in capital expenditure payables and accruals

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-18,547

-37,501

-43,741

-49,346

0

0

0

Proceeds from divestitures of oil and gas properties, net

10,092

41,679

42,182

381,434

557,045

525,152

522,551

197,564

18,445

19,128

31,151

15,564

15,444

22,399

9,547

8,047

10,023

5,427

9,996

12,576

228,204

235,223

232,272

238,470

155,100

161,386

349,967

341,597

205,898

256,567

167,596

167,265

0

0

0

Advances to operators

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

785

-97

-518

-390

0

0

0

Advances for joint operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,409

-5,062

-25,601

-50,772

0

0

0

Other, net

1,317

2,662

4,513

3,720

5,414

5,148

6,201

6,531

4,089

2,552

746

946

-1,075

-330

1,672

3,654

5,745

5,707

1,665

-1,063

-16,425

-30,472

-26,483

-39,589

36,890

53,176

52,210

66,861

5,367

2,908

1,680

474

0

0

0

Net cash used in investing activities from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-673,376

-825,567

-858,204

-957,465

-940,676

-660,665

-622,857

-512,996

-509,885

-532,332

-583,302

-440,432

-465,151

0

0

0

-

-

-

-

Net cash used in investing activities from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,678

-3,186

-4,092

-5,708

-7,834

-8,463

-8,325

6,125

124,533

113,400

105,738

84,155

-42,265

0

0

0

-

-

-

-

Net cash used in investing activities

-1,030,030

-1,058,282

-1,064,148

-795,968

-363,446

-878,962

-938,039

-1,159,452

-1,393,216

-760,171

-608,837

-619,832

-466,432

-518,647

-588,911

-676,054

-828,753

-862,296

-963,173

-948,510

-669,128

-631,182

-506,871

-385,352

-418,932

-477,564

-356,277

-507,416

-565,908

-446,622

-413,977

-285,998

0

0

0

Cash Flows From Financing Activities
Issuance of senior notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

650,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemptions of senior notes

130,105

130,105

134,530

460,540

483,248

483,248

478,823

152,813

0

0

0

-

-

-

-

626,681

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of preferred stock

0

0

0

50,030

50,030

50,030

50,030

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of deferred purchase payment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

150,000

150,000

150,000

150,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings under credit agreement

2,174,972

3,081,434

3,085,772

3,309,400

3,095,856

2,200,282

2,406,279

1,992,523

1,572,050

1,398,736

977,148

770,291

591,455

616,573

756,507

1,126,860

1,385,562

1,493,980

1,430,041

986,041

791,000

710,000

537,000

582,000

441,772

685,360

847,087

1,040,772

1,413,897

1,053,473

898,746

879,061

0

0

0

Repayments of borrowings under credit agreement

1,619,997

2,725,106

2,682,329

2,856,269

3,001,619

1,997,582

2,107,579

1,788,223

1,452,450

1,177,436

884,698

683,291

651,945

672,573

774,957

1,126,860

0

0

0

-

-

-

-

582,000

432,325

564,325

732,000

796,000

1,098,000

892,000

715,000

752,660

0

0

0

Payments of credit facility amendment fees

1,660

1,660

2,137

1,674

-3,868

728

4,569

4,469

9,144

4,548

1,330

1,330

1,905

2,127

12,241

12,420

17,581

17,359

6,630

6,510

2,776

2,889

3,316

3,257

2,171

7,824

6,929

7,101

7,212

1,442

1,988

9,622

0

0

0

Sale of common stock, net of offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

470,158

231,316

231,316

231,581

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46

340

409

483

437

557

561

510

1,253

872

867

850

107

74

6

38

47

0

0

0

Payments of dividends on preferred stock

17,653

17,636

17,658

18,161

19,326

17,118

12,644

7,781

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for settlements of contingent consideration arrangements, net

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-1,861

-1,687

-1,362

-1,317

-1,683

-1,641

-1,598

-1,620

-1,173

-1,134

-1,097

-1,069

-1,026

-888

-643

-336

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

330,767

426,530

384,370

430,797

300,290

226,038

288,005

119,524

120,326

8,148

114,078

109,008

237,778

0

0

0

-

-

-

-

Net cash provided by financing activities from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

3,000

16,382

25,795

35,241

41,914

0

0

0

-

-

-

-

Net cash provided by (used in) financing activities

363,585

378,986

421,502

135,155

-246,907

359,135

455,236

741,817

1,039,555

434,357

313,762

308,340

175,421

179,827

230,562

330,767

426,530

384,370

430,797

300,290

226,038

288,005

119,524

123,326

24,530

139,873

144,249

279,692

376,109

217,974

230,287

155,644

0

0

0

Net Decrease in Cash and Cash Equivalents

-135

183

-2,712

-7,258

-2,677

-129

2,494

5,346

1,857

70

233

-38,724

1,231

154

-380

32,080

-5,157

-6,618

-59,882

-146,601

1,433

4,775

-9,226

104,825

-8,560

-16,922

48,077

24,502

10,470

-3,333

1,613

23,984

0

0

0

SUPPLEMENTAL CASH FLOW DISCLOSURES
Capital Expenditures Incurred but Not yet Paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-