ENERGEN CORP EGN Cash Flow

Energen corp (EGN)

CashFlow / Quarterly

Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Operating Activities
Net income
-26,572	68,274	118,915	262,430	-18,486	29,481	33,403	-54,470	53,314	36,759	-203,116	-590,806	-227,904	-111,601	-15,420	65,418	457,251	-7,953	53,316	84,093	-19,298	83,067	56,692	62,823	2,046	131,287	57,406	14,432	87,599	63,325	94,268	80,250	38,304	55,543	116,710	58,621	47,121	55,001	95,582
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,101	436,620	-4,799	37,669	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, depletion and amortization
134,177	134,011	124,210	130,419	131,756	121,549	99,652	103,397	108,167	117,035	119,362	159,784	149,781	149,843	134,381	148,996	139,104	136,244	124,220	120,629	124,911	101,508	105,828	66,146	79,940	101,991	94,534	54,198	72,802	65,629	61,128	-	-	-	-	-	-	56,407	54,578
Asset impairment
178	73	177	82	100	29	1,460	40	587	0	220,025	825,918	399,394	60,413	6,583	235,301	178,912	1,342	1,246	-	-	-	-	-15,241	0	0	21,545	0	0	0	0	-	-	-	-	-	-	-	-
Accretion of discount on asset retirement obligations
1,604	1,567	1,533	1,501	1,473	1,443	1,414	1,580	1,556	1,779	1,757	1,729	1,700	1,669	2,010	1,958	1,924	1,883	1,843	1,808	1,771	1,419	1,997	758	1,907	1,861	1,813	1,771	1,728	1,689	1,649	1,610	1,561	1,521	1,486	1,330	1,306	1,163	1,136
Depreciation, depletion and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	115,295	-	-	-	-	-	-	-	-	-	-	-	61,735	-	-	-	-
Deferred income taxes
-6,356	19,018	35,441	-146,977	2,439	16,352	20,449	20,966	14,859	14,131	-107,149	-321,792	-150,209	-51,725	-16,009	15,035	271,304	5,593	10,958	59,935	1,165	28,472	29,028	47,447	25,664	31,878	23,182	8,385	45,247	34,637	40,772	38,835	57,506	22,947	14,552	10,420	28,437	26,271	19,488
Exploratory expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	541	-	10,060	284	1,076	143	10,557	-75	291	10,026	34,226	18,438	978	-	-	-	-
Change in derivative fair value
-149,606	-15,599	13,085	-64,173	-63,705	39,049	71,686	-41,124	28,793	-69,310	5,151	-93,825	16,645	-125,148	-30,987	292,718	157,198	-63,715	-39,555	5,552	-72,724	57,120	-37,977	7,350	-45,752	127,442	-47,221	-95,791	59,267	73	241	1,097	-2,024	148	1,598	-809	795	-230	348
Bad debt expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	218	-	357	271	-258	-672	524	1,955	718	-1,404	3,206	2,213	-2,450	4,067	2,541	2,877	1,203
Gain on sale of assets
241	646	33,587	-352	4,270	68	-366	-6,117	91,400	161,162	-52	519	55	-999	28,502	50	26	-191	60	-2	-14	-551	656	109	253	214	-47	3	65	5,901	25	1,992	38	-135	626	225	4,920	77	395
Stock-based compensation expense
5,076	4,618	4,145	4,301	4,713	3,191	3,197	5,148	6,518	5,504	2,471	870	933	6,027	5,080	5,425	1,825	3,971	5,041	2,421	3,434	4,703	3,063	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Exploration, including dry holes
640	-135	207	2,130	0	0	0	-	-	-	-	-	-	-	-	943	7,096	1,255	31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-20,670	-10,019	10,521	111,678	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-75	5,144	-1,983	6,997	479	-684	3,696	-2,670	476	-1,181	-2,377	-28,561	394	-18,418	10,944	-6,138	9,647	-1,340	-6,335	-2,271	11,197	-13,371	-7,839	11,493	764	-7,282	-4,261	-1,624	2,630	-5,507	-3,036	-4,281	20,090	-24,180	8,939	-28,177	-5,432	7,267	2,499
Net change in:
Accounts receivable
17,349	15,654	-7,974	29,568	24,860	14,259	16,778	642	-3,532	14,686	-50,101	-36,201	-29,249	-9,128	-42,908	-33,298	-18,398	14,421	32,463	7,266	-57,041	-9,322	35,312	53,223	5,301	-42,572	-20,063	64,944	-5,519	-73,239	30,173	83,516	45,463	-99,892	2,852	123,258	106	-57,189	-34,261
Inventories
-603	9,669	6,409	-1,361	-3,725	2,898	1,143	509	1,563	411	465	-3,278	196	225	3,512	-122	1,832	1,658	-247	-2,981	202	18,300	-26,338	623	-1,478	2,889	-1,473	-783	9,432	10,901	-4,840	-12,520	14,201	15,865	-21,568	-21,166	8,863	9,902	-28,278
Accounts payable
55,151	-29,861	22,879	-26,652	36,051	-13,751	9,314	11,446	3,139	3,011	-17,192	-10,689	-15,458	-3,599	-11,814	-9,272	-32,650	36,456	24,161	5,057	-77,805	10,132	9,670	-1,476	14,220	-34,109	7,327	39,855	-6,443	-54,484	34,050	34,338	35,132	-41,507	-9,074	66,565	7,396	-24,000	-44,422
Accrued taxes/income tax receivable
11,364	5,871	3,786	-79,977	-7,446	28,526	3,808	-54,972	18,387	17,080	2,179	-30,130	24,549	-12,843	13,633	-224,872	-279,057	13,676	1,273	-	-	-	-4,781	-4,862	2,584	1,451	-5,852	2,201	-122	600	-39,825	-8,347	35,222	15,829	-2,767	898	-4,091	6,214	-48,945
Amounts due customers, including gas supply pass-through
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,254	-	-6,400	-14,140	-31,926	-9,939	-1,171	-519	9,032	-1,325	-7,235	-3,678	32,989	8,895	18,671	4,774	-15,373
Pension and other postretirement benefit contributions
-	-	-	-	-	-	-	-32	-30	-30	-14,516	-13,916	-30	-30	-10,872	-10,086	-74	-33	-2,290	-193	-331	5,181	-10,334	1,785	-940	-940	-3,176	-961	-964	-964	-3,097	-1,245	-1,251	-34,111	-5,626	-	-	-	-
Other current assets and liabilities
6,285	-17,685	12,339	-10,126	2,997	-10,255	23,892	-8,725	6,591	-10,055	27,044	-14,936	9,320	5,051	-4,493	-40,128	-18,122	11,397	10,471	-16,499	9,355	-16,577	-4,062	9,683	19,148	-58,646	19,460	9,631	-8,697	-6,124	-6,465	9,385	-8,153	27,053	-29,739	-10,680	455	4,972	-11,502
Net cash provided by operating activities
301,671	205,607	255,830	186,586	185,424	141,485	55,868	90,588	81,206	99,572	23,691	197,380	185,864	193,069	143,002	-3,805	166,813	245,524	296,951	199,361	188,222	278,341	261,453	132,618	177,252	194,887	230,980	167,882	152,823	178,588	262,538	153,083	117,426	131,276	269,237	147,868	134,787	159,868	236,934
Investing Activities
Additions to oil and natural gas properties
369,459	263,973	199,852	189,609	253,735	282,794	183,714	132,447	86,377	90,908	137,296	193,407	232,682	332,967	395,317	357,893	331,117	308,180	266,869	214,652	273,015	324,397	297,301	209,709	323,842	297,569	276,791	255,187	255,787	231,669	146,971	124,272	138,664	109,182	62,003	73,433	66,410	83,204	117,060
Acquisitions
42,147	15,783	23,205	13,476	25,905	78,344	159,115	12,104	108,010	19,882	7,883	24,605	16,602	15,436	30,767	44,359	4,257	15,577	6,537	9,931	4,217	4,037	13,146	35,363	27,306	8,718	68,176	203,615	45,641	56,634	4,303	201,681	203,087	1,730	3,850	-514	-35	182,392	3,288
Proceeds on the sale of assets, net
-136	-34	-881	-	-4,310	-7	308	-	-251,705	-285,310	-187	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from asset sales and sale of Alabama Gas Corporation
-	-	-	-	-	-	-	-	-	-	-	1,347	80	292	392,802	-179	1,347,687	-7,096	7,313	158,604	0	1,012	1,370	142	303	-11,649	13,766	586	95	6,754	552	2,548	58	-77	626	497	6,487	156	783
Purchase of short-term investments
-	-	-	-	-	-	-	-	-	-	-	0	0	270,000	649,000	96,000	186,000	107,000	84,000	310,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of short-term investments
-	-	-	-	-	-	-	-	-	-	-	0	0	579,000	340,000	114,000	210,000	65,000	84,000	310,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-51,160	14,041	-14,731	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-219	150	154	145	-102	362	-216	242	129	375	733	533	388	25	69	693	527	175	358	-225	785	890
Net cash used in investing activities
-411,470	-279,722	-222,176	-203,399	-275,330	-361,131	-343,137	-152,978	57,318	174,520	-144,992	-216,665	-249,204	-39,111	-342,282	-384,431	985,084	-358,593	-280,974	-85,422	-286,251	-372,498	-309,439	-321,454	-351,087	-318,065	-331,576	-458,949	-301,866	-281,937	-150,747	-248,447	-262,448	-266,396	-65,402	-72,780	-59,663	-266,225	-120,455
Financing Activities
Payment of dividends on common stock
-	-	-	-	-	-	-	-	-	-	-	1,575	1,576	1,461	1,462	1,464	10,977	10,956	10,907	10,539	10,509	10,472	10,473	10,100	10,099	10,098	10,095	9,734	9,730	9,731	9,727	9,347	9,343	9,345	9,342	8,967	8,969	8,962	8,644
Issuance of common stock, net
-	-	-	-	-	-	-	42	0	0	381,219	7	321	398,981	291	0	0	19,993	3,060	4,100	13,572	108	0	60	531	29	604	194	19	90	6,112	91	8	178	408	157	280	140	44
Taxes paid for shares withheld
1,251	412	6,493	0	113	14	3,166	59	112	19	2,419	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reduction of long-term debt
0	0	0	0	17,000	0	7,000	0	0	0	0	-	-	-	-	0	570,000	15,000	15,000	350,000	0	-10	10	-143	1,020	98	25	140	5,114	262	31	150,022	188	304	215	259	228	314	234
Payment of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-38	0	0	38	-	3,162	0	0	-	-	-	-	-	-	-	-
Net change in credit facility
124,000	73,000	-27,000	17,000	106,500	131,500	0	0	0	0	-222,500	26,000	63,500	-552,000	200,000	414,100	-590,100	94,000	86,000	-209,000	52,000	165,000	69,000	101,000	170,000	145,000	150,000	-60,000	-227,000	77,000	-80,000	-	-	-	-	-5,000	-90,000	95,000	-62,000
Tax benefit (expense) on stock compensation
-	-	-	-	-	-	-	575	-376	10	-465	147	286	502	129	2,033	110	3,077	686	432	2,631	11	68	36	254	33	227	64	42	113	767	187	12	132	576	289	244	44	29
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	14,980	-65	-50,028	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Net cash provided by financing activities
125,668	74,703	-33,493	17,000	89,660	131,486	-10,166	558	-488	-9	155,835	19,856	62,531	-153,978	198,958	388,767	-1,163,899	91,049	13,811	-120,797	106,649	77,647	58,585	151,403	159,666	134,866	140,673	279,212	155,007	67,210	-82,879	103,909	32,489	-9,339	-8,573	-14,097	-98,673	85,908	-70,805
Net change in cash and cash equivalents
15,869	588	161	187	-246	-88,160	-297,435	-61,832	138,036	274,083	34,534	571	-809	-20	-322	531	-12,002	-22,020	29,788	-6,858	8,620	-16,510	10,599	-37,433	-14,169	11,688	40,077	-11,855	5,964	-36,139	28,912	8,545	-112,533	-144,459	195,262	60,991	-23,549	-20,449	45,674