Earthstone energy inc (ESTE)
CashFlow / Quarterly
Mar'20Dec'19Sep'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'11Dec'10Sep'10Jun'10
Cash flows from operating activities:
Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,421

-

1,718

-748

-1,114

-33,685

1,114

997

2,740

933

1,224

693

654

370

486

270

734

1,152

728

665

426

74

724

378

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

36,714

-5,640

26,127

19,536

-38,443

80,986

564

1,472

12,191

5,497

4,008

-54,967

729

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation, depletion and amortization

24,656

26,962

14,079

14,197

14,005

14,206

12,842

10,812

9,708

8,657

10,330

10,039

7,889

9,685

5,149

5,598

5,505

8,523

8,107

8,674

5,924

5,383

5,268

4,383

3,380

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of proved and unproved oil and gas properties

42,751

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of goodwill

17,600

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss on derivative contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-725

-489

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset Retirement Obligation, Accretion Expense

44

54

52

54

54

41

44

43

41

56

72

154

152

147

143

133

128

125

143

137

145

88

78

77

74

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Settlement of asset retirement obligations

0

195

0

117

62

0

0

27

52

9

0

0

0

-

-

-

-

43

19

0

46

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Oil and Gas Property

204

3,668

-120

-201

-125

-2,689

4,096

63

449

5,257

2,157

1,691

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss on derivative contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,261

-820

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net

99,784

-24,311

18,726

9,496

-47,894

94,553

-17,481

-10,850

-5,275

-12,123

-3,663

3,340

4,460

-4,121

946

-4,228

765

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating portion of net cash received in settlement of derivative contracts

-9,739

-2,206

-3,704

-4,594

-5,362

1,447

4,376

4,992

4,275

937

-496

-319

586

105

-533

-806

-1,991

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of asset retirement obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54

53

52

52

49

49

47

43

44

43

47

43

41

41

42

43

41

40

Stock-based compensation

2,694

1,968

2,207

2,261

2,212

1,536

1,522

2,073

1,940

1,956

1,687

1,647

1,311

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depletion and depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,185

1,145

1,079

1,036

980

786

685

577

461

294

328

363

229

196

323

274

309

259

Deferred income taxes

1,092

937

575

613

-460

2,351

172

-302

249

-6,354

-94

-9,914

-38

-

-

-

-

-26,464

802

-286

-585

20,999

207

211

688

324

362

141

79

87

78

-4

-282

469

42

183

-10

308

-197

1

Amortization of deferred financing costs

80

76

136

97

103

97

85

43

100

62

58

58

79

78

78

72

70

69

65

65

65

126

0

0

37

-41

-1

-4

-18

-30

0

0

-

-

-

-

-

-

-

-

Payments on asset retirement obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-19

-281

-153

170

Share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45

-

-

-

47

37

37

36

60

22

22

22

22

18

19

18

20

Amortization of deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

4

4

4

2

3

2

0

0

0

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
(Increase) decrease in accounts receivable

-13,780

12,450

4,328

-5,554

6,811

6,719

5,951

-3,738

-737

6,520

-3,731

2,687

-5,920

5,334

-4,727

-1,156

-3,258

-3,884

-965

3,357

-7,754

-1,663

174

100

6,694

357

-747

419

-200

-537

-608

441

462

-1,139

337

-136

-610

17

-169

181

(Increase) decrease in prepaid expenses and other current assets

312

-94

-509

-1,699

2,236

4

-620

678

314

-120

-67

308

214

-2,301

1,658

-112

244

-231

-121

-40

-387

117

-187

-36

300

-504

64

34

74

202

422

-772

-66

32

556

-526

65

-7

-4

139

Increase (decrease) in accounts payable and accrued expenses

2,846

-2,108

-3,108

2,205

-7,427

-2,807

21,226

324

-17,611

11,240

-8,374

-1,438

-1,710

-5,689

3,172

-2,058

-4,576

-15,340

2,809

3,334

-21,690

-10,124

33,079

4,063

1,390

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in revenues and royalties payable

5,640

16,109

-5,197

1,538

-5,383

5,297

18,135

-158

8,595

1,131

-2,114

3,256

-5,161

3,924

-950

2,124

-2,904

-1,421

-4,423

5,835

-8,730

-3,410

3,127

575

6,807

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in advances

-8,814

-9,389

14,320

5,282

-1,882

403

-15,975

13,497

662

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in advances

-

-

-

-

-

-

-

-

-

-

1,041

-990

455

-1,939

5,826

-3,558

-11,234

-6,153

7,790

-3,130

-4,436

6,897

-4,413

979

14,462

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,000

0

3,000

1,000

2,000

2,000

0

0

-

-

-

-

-

-

-

-

Accounts payable, accrued and other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

985

125

-159

-1,400

-653

716

507

685

-359

-374

949

-53

-109

-96

-23

199

-336

345

Net cash provided by operating activities

48,542

40,509

30,455

48,233

7,051

5,824

43,126

36,663

16,766

26,767

12,506

7,312

4,366

-

-

-

-

-

-

-

-

-

3,580

2,644

1,376

848

1,329

2,888

1,885

1,464

560

-42

2,194

889

1,846

349

212

663

556

1,193

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-23

13,866

3,061

-15,192

-14,745

14,666

11,145

-21,506

13,938

25,710

13,754

22,386

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from investing activities:
Additions to oil and gas properties

39,299

-

40,925

31,348

48,412

-

51,608

35,144

33,372

35,304

19,910

5,880

4,168

13,145

8,523

4,384

2,365

3,355

14,817

23,848

19,040

28,504

25,340

17,001

12,196

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to office and other equipment

87

148

177

127

75

49

68

38

15

28

36

103

0

54

19

24

20

50

49

141

138

809

347

64

165

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of oil and gas properties

409

4,182

0

2

0

125

5,630

15

195

29,681

2,638

2,416

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Oil and gas properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,064

2,170

1,757

1,720

3,739

3,718

3,760

3,800

2,561

2,122

3,024

1,688

2,166

809

188

4,894

-706

-1,074

Purchases of support equipment and other non-current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

26

97

0

20

144

84

53

9

28

-

-

-

-

-

-

-

-

Purchases of support equipment and other non-current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-46

-8

-42

-

-53

5

-1

Net cash used in investing activities

-38,977

-79,549

-41,102

-31,473

-48,487

-62,350

-46,046

-35,167

-33,192

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,010

-2,196

-1,778

-1,477

-3,786

-3,862

-3,844

-3,853

-2,570

-2,150

2,292

-1,734

-2,174

-851

-193

-1,387

-701

-1,075

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-59,176

-4,168

-13,199

-8,542

-35,742

-2,385

-3,304

-18,207

-25,913

-19,178

-52,324

-25,687

-17,065

-12,361

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from financing activities:
Proceeds from borrowings

17,500

69,408

37,185

42,843

85,244

86,522

45,308

5,000

20,000

15,000

0

70,000

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of borrowings

35,500

24,409

22,184

53,668

43,247

42,694

32,808

12,500

15,000

63,105

401

10,400

392

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid related to the exchange and cancellation of Class A Common Stock

214

308

166

264

397

122

286

648

468

351

324

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for finance leases

72

0

200

86

114

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reduction of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

1,000

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing costs

-

-

-

-

-

233

61

210

3

190

97

1,071

0

3

8

67

3

14

2

52

73

425

86

96

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

58,529

-392

-387

-385

45,867

-3

-14

-2

-52

-73

106,861

-86

-96

-6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

28

28

51

Net cash (used in) provided by financing activities

-18,286

43,046

14,678

-11,401

41,486

43,473

12,153

-8,358

4,529

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,002

-1,000

1,000

-42

2,999

996

1,982

1,970

0

0

0

0

-84

0

-15

-28

-28

-51

Net increase (decrease) in cash

-8,721

4,006

4,031

5,359

50

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash

-

-

-

-

-

-

-

-

-11,897

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

11,908

-5,624

6,665

-194

-13,609

4,939

13,186

-17,580

-18,063

-3,543

-14,820

-40,757

64,989

568

-552

10,019

-671

542

22

23

-419

-2,010

-2,192

4,486

-845

-412

-502

4

-752

-173

67

Supplemental disclosure of cash flow information
Cash paid for:
Interest

1,676

2,170

1,475

1,505

1,255

810

494

603

383

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

593

147

273

272

274

142

131

109

123

52

285

39

62

107

55

29

31

12

2

1

0

0

0

0

0

0

0

0

0

Cash paid for income tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

1

0

0

0

271

70

0

0

1

0

-10

79

45

90

Non-cash investing and financing activities:
Increase in oil and gas property due to asset retirement obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

8

8

14

44

19

67

0

21

14

123

-13

23

0

4

70

-11

202

Accrued capital expenditures

31,011

-22,259

33,901

-326

17,040

11,487

-14,477

16,824

8,967

364

-7,535

25,479

1,575

-6,564

3,827

-765

5,876

-

-

-

-

19,583

-208

208

-1,364

710

1,290

903

623

-649

1,305

267

0

238

280

439

-155

161

-498

633

Lease asset additions - ASC 842

0

-988

3,137

-228

1,801

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset retirement obligations

21

62

20

2

21

372

21

40

-181

-125

62

0

21

51

7

102

-8

22

37

48

43

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset retirement obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21

8

21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid capital expenditures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-157

192

259

13

0

0

-103

6

-239

345

-

-

-

-

-

-

-

-

Prepaid Capital Expenditures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

552

-

-

-

-