EVOLUTION PETROLEUM CORP EPM Cash Flow

Evolution petroleum corp (EPM)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	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
Cash flows from operating activities
Net income
3,710	1,764	2,792	3,277	2,398	3,904	5,795	4,532	3,068	9,876	2,140	1,500	2,419	2,307	1,816	20,874	-129	823	3,092	1,888	734	1,239	1,129	1,610	923	-408	1,472	1,112	2,397	1,959	1,159	1,095	1,468	1,425	1,143	534	170	-461	-485
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, depletion and amortization
1,399	1,461	1,449	1,558	1,558	1,603	1,548	1,536	1,397	1,670	1,554	1,629	1,537	1,321	1,287	1,220	1,276	1,483	1,230	1,202	1,150	929	381	292	323	337	319	382	291	360	307	312	319	280	236	-	-	-	-
Depreciation, depletion and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	102	124
Stock-based compensation
358	236	332	210	208	254	215	42	352	484	487	302	291	275	311	1,041	277	272	218	227	227	245	243	217	444	316	373	391	392	393	353	349	354	354	416	392	392	396	354
Accretion of discount on asset retirement obligations
-	-	-	-	-	-	-	-	-	-	-	19	13	13	13	14	11	11	11	11	10	8	4	6	9	12	12	16	17	17	21	20	20	19	16	16	16	10	16
Settlements of asset retirement obligations
-	-	-	-	-	-	-	-	-	-	-	0	36	105	15	0	0	0	0	-0	3	-5	226	242	16	57	0	-	-	-	-	-	-	-	-	-	-	-	-
Settlement of asset retirement obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	30	0	0	30	-	-	-	-
Deferred income tax expense
228	69	-29	133	127	230	275	-198	173	-5,265	19	1,011	1,369	1,000	708	974	148	-535	-12	484	280	531	124	346	668	257	72	486	528	899	599	571	720	598	659	642	32	-132	-161
Other
3	13	18	-	1	4	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	4	4	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on derivative instruments, net
-	-	-	-	-	-	-	-	-	-	-	-7	51	0	-14	-660	501	1,659	1,938	-109	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of deferred loan costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	50	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-180	-	-	157	157
Deferred rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4	-	-4	-4	-4	-4	-4	-4	-2	0	0	0	0
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-32
Changes in operating assets and liabilities:
Receivables
1,213	1,039	-199	-518	252	-900	392	-8	-128	1,050	300	-634	260	582	-119	693	-10	-409	-757	658	-447	1,642	-188	-419	47	-124	-11	-	-	-	-	-	-	-	-	-	-	-	-
Receivables other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	209	-9	22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivables from oil and natural gas sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	273	-739	121	508	-106	496	564	72	-110
Receivables from income taxes and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	-0	-	-	-	-	72	12	7	-28	438	-1,040	0	-84
Due from joint interest partners
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-65	-19	14	-	-	-	-	-	-	-	-	-	-	-	-
Due from joint interest partners
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49	88	-71	-32	25	-	-	-	-
Prepaid expenses
-215	155	-95	-221	85	-345	415	-158	-141	532	-96	-309	78	345	21	-4	-140	167	-47	-281	-26	45	-114	104	9	421	-53	122	-40	8	-56	84	-20	19	83	-160	25	72	-28
Accrued liabilities and other
-619	1,152	-276	-214	268	283	-428	-180	156	83	-166	181	146	279	-2,235	920	211	1,253	-1,563	-78	-754	2,730	-1,345	-26	467	1,369	-1,146	325	343	246	-637	48	339	-198	-108	224	315	36	-78
Royalties payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-41	-23	-51	-	-91	265	-387	88	475	-24	-17
Income taxes payable
27	-345	462	30	-36	-1,039	1,053	122	0	-370	370	-457	146	213	-524	467	-188	-190	343	73	70	1	44	0	0	-638	404	-193	218	-45	161	-24	-59	-50	144	-	-	-	-
Net cash provided by operating activities
4,059	3,130	5,043	5,724	4,188	6,488	7,656	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	4,201	5,140	5,498	4,377	1,474	24,887	1,258	2,270	2,236	-	1,978	4,009	631	2,448	2,833	1,270	1,556	2,824	4,152	3,336	1,619	3,046	3,026	2,368	1,934	1,517	1,556	-183	164
Cash flows from investing activities
Derivative settlements received (paid)
-	-	-	-	-	-	-	-	-	-	-	-46	0	-0	318	-120	-1,951	-1,010	-551	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures for oil and natural gas properties
8,256	558	522	-	-5,048	1,959	3,089	-	651	509	508	-	2,118	3,159	4,818	-	3,540	2,078	6,571	-	2,431	0	1	-	132	262	594	-	-	-	-	-	-	-	-	-	-	-	-
Derivative settlements received
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from asset sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-2	477	66	-	-	-	-	-	-	-	-	-	-	-	-
Development of oil and natural gas properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,868	-	-	-	311	189	980	907	431
Acquisitions of oil and natural gas properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	743	-	-	-	167	182	124	204	485
Capital expenditures for other property and equipment
-	-	-	-	-	-	-	-	-	-	-	0	1	4	26	5	1	0	0	-7	9	154	156	300	3	9	0	-	-	-	-	-	-	-	-	-	-	-	-
Advances to joint venture operating partner
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	101	-	-	-	-	-	-	-	-
Maturities of certificates of deposit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,100
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	137	23	52	99	29	55	20	175	4	1	3	2	11	14	7	3	9	13	23	8	10	6
Net cash used in investing activities
-273	-9,896	-522	-385	-1,320	-1,962	-3,089	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-508	-16	-2,120	-3,163	-5,163	-8,789	-1,591	-1,205	-6,043	-	-2,540	205	-212	-356	-63	201	-529	-101	-384	1,744	-2,729	-3,918	-1,121	-1,047	-493	-396	-1,114	-890	176
Cash flows from financing activities
Proceeds from issuance of preferred stock, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	876	6,054	-	-	-	-
Cash dividends to common stockholders
3,295	3,314	3,306	3,318	3,318	3,319	3,315	3,308	3,317	2,487	2,481	2,316	2,314	2,149	1,652	1,633	1,663	1,638	1,629	1,640	1,627	3,286	3,279	3,261	3,257	3,205	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	90	0	16
Common share repurchases, including shares surrendered for tax withholding
732	388	1,362	18	0	48	89	175	0	284	110	0	0	129	330	1	1	178	1,175	-	4	3	55	-	-	1,010	117	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividends paid
-	-	-	-	-	-	-	-	-	-	-	0	0	82	168	168	168	168	168	168	168	168	168	168	168	168	168	168	168	168	168	168	168	165	127	-	-	-	-
Recovery of short swing profits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6	6	-	-	-	-	-	-	-	-	-	-	-	-
Deferred loan costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24	23	47	-6	0	0	0	0	16	-	-	-	-	-	-	-	-
Tax benefits related to stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,922	-182	929	2,980	570	142	384	537	400	-278	386	0	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	-20	0	-1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-4,028	-3,703	-4,668	-3,336	-3,318	-3,367	-3,405	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-2,592	-2,316	-2,314	-10,294	-2,150	3,972	-1,985	-1,056	5	-	-1,569	-3,060	-2,990	-3,026	-3,437	-1,605	-278	510	-102	-185	-184	77	-328	710	5,926	173	90	0	16
Net change in cash, cash equivalents and restricted cash
-242	-10,468	-147	2,002	-450	1,158	1,161	494	1,443	1,614	1,101	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosures of cash flow information:
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	1,063	-9,080	-5,840	-	-2,318	7	-3,801	-	-2,131	1,155	-2,572	-935	-667	-134	748	3,233	3,664	4,895	-1,294	-794	1,577	2,031	7,367	1,293	532	-1,074	357
Income taxes paid
50	1,015	85	-	500	1,400	462	-	320	1,136	0	-	105	491	787	-	40	440	0	-	-	-	-	-	0	755	0	-	-	-	-	-	-	-	-	-	145	0	7
Louisiana carryback income tax refund and related interest received
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,556	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash transactions:
Change in accounts payable used to acquire oil and natural gas properties
-81	-63	102	-	-653	-688	-405	-	197	309	114	-	-1,664	513	-2,030	-	2,311	1,630	-4,072	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued redemption of called preferred shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,932	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued preferred dividends through redemption date
-	-	-	-	-	-	-	-	-	-	-	-	-	-	82	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued redemption of called preferred shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued preferred dividends through redemption date
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in accounts payable used to acquire property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,442	-31	-	-464	360	-136	-	-90	-92	124	-	-546	585	-136	-	-	-	-
Deferred loan costs charged to oil and gas property costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	0	108	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in due to joint interest partner used to acquire oil and natural gas leasehold interests and develop oil and natural gas properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-32	211	-646	-	-	-	-	-	-	-	-
Assignment of oil and gas leases recognized in other receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	231
Decrease in accounts payable used to acquire oil and natural gas leasehold interests and develop oil and natural gas properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-452	257	-0
Change in accounts payable related to joint venture activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-215	225	-	-	-	-
Oil and natural gas property costs incurred through recognition of asset retirement obligations and revision of previous estimates
0	871	0	-	53	0	31	-	0	-0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-3	3	45	-	0	0	8	-	12	78	-30	-	-	-	-
Settlement of accrued treasury stock purchases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-170	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-