Gastar exploration inc. (GST)
CashFlow / TTM
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Jun'13Mar'13
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss

-

-

-43,568

-

-

-

-37,902

-89,061

-242,041

-430,064

-529,978

-459,507

-271,692

-70,066

49,956

50,953

0

0

0

0

0

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

31,279

29,878

28,341

24,015

21,892

21,056

20,596

29,673

41,485

51,656

62,145

62,887

58,352

54,069

48,269

46,180

0

0

0

0

0

Impairment of oil and natural gas properties

-

-

-

-

-

-

-

48,497

193,257

375,223

475,375

426,878

0

0

0

-

-

-

-

-

-

Stock-based compensation

5,370

6,618

6,649

5,921

4,763

3,782

3,281

3,918

4,199

4,543

5,088

4,981

5,113

5,131

4,883

4,890

0

0

0

0

0

Total loss (gain) on commodity derivatives contracts

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total loss (gain) on commodity derivatives contracts

-

-

-

-

-

-

-

-2,863

864

13,663

14,651

24,589

48,064

43,426

36,306

19,569

0

0

0

0

0

Cash settlements of matured commodity derivatives contracts, net

3,617

-1,182

-5,151

-8,181

-8,022

-7,082

-6,635

-13,110

-17,687

-23,083

-27,791

-24,910

-20,717

-12,568

-3,391

4,901

0

0

0

0

0

Cash premiums paid for commodity derivatives contracts

1,970

1,970

1,970

1,418

0

0

0

-

-

-

-

-

-

-

-

185

0

0

0

0

0

Cash premiums paid for commodity derivatives contracts

1,970

1,970

1,970

1,418

0

0

0

-

-

-

-

-

-

-

-

-

0

0

0

0

0

Amortization of deferred financing costs and debt discount

12,789

12,568

12,444

10,977

9,386

7,082

5,700

4,980

4,744

4,673

3,752

3,584

3,449

3,312

3,156

3,067

0

0

0

0

0

Paid-in-kind interest

26,778

19,881

13,228

6,599

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of asset retirement obligation

205

224

242

237

253

283

314

368

401

440

482

502

517

515

509

506

0

0

0

0

0

Settlement of asset retirement obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

588

0

0

0

0

0

Loss on early extinguishment of debt

0

0

0

-12,172

-12,172

-12,172

-12,172

0

0

0

0

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-17,921

-36,448

-13,724

12,345

32,177

48,225

25,383

14,850

-642

-7,706

-5,690

-19,333

-14,270

-6,190

-2,505

12,524

0

0

0

0

0

Prepaid expenses

1,223

3

364

205

-3,527

-4,156

-4,304

-4,301

4,083

4,195

3,148

2,973

-1,231

-347

744

938

0

0

0

0

0

Accounts payable and accrued liabilities

-1,198

3,772

14,693

8,226

9,714

10,126

-6,790

3,713

3,339

770

912

-4,606

-6,998

-17,021

-778

-2,566

0

0

0

0

0

Net cash provided by (used in) operating activities

-

-

59,856

-

-

-

-16,000

6,737

18,208

19,701

33,330

51,272

0

0

0

-

-

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Development and purchase of oil and natural gas properties

138,670

142,879

128,476

107,748

98,653

84,826

68,710

59,922

70,283

86,828

114,886

148,182

175,887

185,060

175,940

155,631

0

0

0

0

0

(Payments to) proceeds from non-operators

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

Acquisition of oil and natural gas properties - refund

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Proceeds from (payment related to) sale of oil and natural gas properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

(Payments to) proceeds from non-operators

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

Acquisition of oil and natural gas properties

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

(Acquisition of) refund for oil and natural gas properties

-

-

-

-

-

-

-

-1,143

44,426

43,911

45,448

45,575

0

0

0

-

-

-

-

-

-

Proceeds from sale of oil and natural gas properties

96,332

98,305

113,202

28,781

72,572

70,432

134,423

121,273

76,947

122,927

45,306

47,314

0

0

0

-

-

-

-

-

-

Application of proceeds from non-operators

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

Advances to operators

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

0

0

0

0

0

Proceeds from (application of proceeds from) non-operators

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from non-operators

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Purchase of furniture and equipment

0

0

0

-

0

0

0

-

-

-

0

-

-

-

0

-

0

0

0

0

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Payments to non-operators

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-

-

-17,775

-

-

-

15,540

66,480

-37,345

-15,504

-116,583

-150,456

0

0

0

-

-

-

-

-

-

Proceeds from term loan

0

0

0

250,000

250,000

250,000

250,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

Proceeds from convertible notes

0

0

0

200,000

200,000

200,000

200,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

Repayment of senior secured notes

0

0

0

325,000

325,000

325,000

325,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

Proceeds from revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

196,000

120,000

123,000

128,000

103,000

0

0

0

0

0

Repayment of revolving credit facility

0

0

0

84,630

99,630

99,630

179,630

115,370

101,370

136,370

56,370

41,000

40,000

48,000

63,000

58,000

0

0

0

0

0

Loss on early extinguishment of debt

0

0

0

7,011

7,011

7,011

7,011

0

0

0

0

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock, net of issuance costs

0

-1

0

56,366

80,775

80,522

125,590

69,224

0

0

0

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of preferred stock, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,064

0

0

0

0

0

Dividends on preferred stock

13,267

13,267

4,825

19,298

19,298

18,092

14,473

3,618

7,236

10,854

14,473

14,473

14,474

14,474

14,466

14,424

0

0

0

-

-

Dividends on preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Deferred financing charges

20

1,040

1,066

11,011

11,346

10,363

10,415

1,285

931

901

1,339

805

804

883

551

405

0

0

0

0

0

Increase in restricted cash

-

-

1

-

-

-

369

0

0

0

0

-

-

-

-

-

-

-

-

-

-

Tax withholding related to restricted stock award vestings

1,256

1,244

569

589

588

587

587

713

753

758

758

1,472

2,283

2,331

2,443

4,562

0

0

0

0

0

Net cash (used in) provided by financing activities

-

-

-6,461

-

-

-

38,105

-51,762

55,525

37,186

98,060

138,250

0

0

0

-

-

-

-

-

-

Net cash (used in) provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD:
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-

-

35,620

-

-

-

37,645

21,455

36,388

41,383

14,807

39,066

-36,247

-15,385

-14,770

-21,385

0

0

0

0

0