Battalion Oil Corp HK Cash Flow

Battalion oil corp (HK)

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	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
Cash flows from operating activities:
Net income (loss)
114,491	-10,460	-63,284	-640,844	-336,559	146,668	-81,837	-16,274	-2,598	-93,130	419,287	20,177	189,352	-479,193	-374,303	-539,999	-393,443	147,075	-1,088,612	-587,641	-	-	-	-	-	-	-	5,465	-8,041	-20,181	7,659	-33,322	-12,204	11,776	8,936	-9,911
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-72,964	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depletion, depreciation and accretion
18,030	19,996	20,512	40,425	29,975	25,130	20,310	16,096	15,991	9,419	35,940	31,962	32,886	46,899	39,671	55,266	66,795	77,071	101,194	119,144	145,465	135,578	133,470	119,908	143,391	143,091	95,315	81,858	55,623	22,726	5,956	5,979	-	-	-	-
Full cost ceiling impairment
-	-	45,568	664,383	275,239	-	-	-	-	-	-	-	-	420,934	257,869	496,900	611,787	511,882	948,633	554,003	178,503	0	0	61,165	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on sale of oil and natural gas properties
-	-	-	-	-	0	-1,331	-2,225	-3,679	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on sale of Water Assets
-	506	164	-2,897	-885	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of oil and natural gas assets
-	-	-	-	-	-	-	-	-	-	491,830	4,500	231,190	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating property and equipment impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	28,056	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depletion, depreciation and accretion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,675
Deferred income tax provision (benefit)
-	-	0	-50,306	-45,485	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	175,642	-356,186	22,304	-999	-14,090	894	-5,386	5,522	-4,580	13,082	3,187	-5,140
Stock-based compensation, net
387	-	-2,278	1,025	-6,782	3,025	4,423	4,237	3,581	3,209	12,258	12,943	8,347	21,519	1,507	2,145	3,284	3,035	3,438	4,772	4,896	4,591	4,914	4,332	5,118	5,019	4,640	2,335	707	1,401	530	1,935	1,357	872	686	669
Unrealized loss (gain) on derivative contracts
112,378	-18,681	11,571	10,764	-68,169	161,798	-50,763	-37,874	11,113	-27,478	-31,209	18,005	24,214	-112,449	-135,303	-88,978	-35,310	89,741	-175,712	-8,001	469,625	169,713	-105,032	-26,021	10,228	-38,095	35,210	-16,071	-8,530	-11,233	12,887	-4,851	-	-	-	-
Unrealized loss on derivatives contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15,992
Amortization and write-off of deferred loan costs
-	-	882	573	404	383	371	359	292	489	410	711	185	-	1,278	1,746	1,355	1,910	2,533	1,559	1,117	1,037	1,319	842	1,313	835	243	265	-35	-52	212	6,087	-	-	328	2,662
Amortization of discount and premium
-	-	23	56	55	53	52	51	132	239	471	243	1,644	2,506	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash interest and amortization of discount and premium
-	-	-	-	-	-	-	-	-	-	-	-	-	-	718	551	-	320	602	1,107	-	744	678	554	-	341	188	866	-	-	-	-	-	-	-	-
Reorganization items, net
-4,984	-3,615	-	-	-	-	-	-	-	-	-	-	-	-15,963	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash interest and amortization of discount and premium
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	767	887	3,668	4,065	-	-	-	-
Loss (gain) on extinguishment of debt
-	-	-	-	-	-	-	-	-	-28,866	-29,167	0	-56,898	-	0	81,434	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued settlements on derivative contracts
-4,923	-	-	-	1,020	-	-	-	-	-	2,847	-2,255	-1,265	-18,498	9,810	-32,882	-9,208	-11,022	10,811	-37,592	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense)
-7	-253	-570	423	-388	2,922	-1,205	-3	-106	-801	3,128	121	883	-79	-2,048	-1,925	-3,129	-797	-2,467	-2,541	1,841	-636	1,584	-354	-6,668	2,329	1,899	1,013	822	-487	5	12	-	-	-	-
Change in assets and liabilities:
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	17
Accounts receivable
-18,919	10,571	2,093	-9,288	3,414	-7,876	7,829	-5,544	5,213	-65,216	-2,968	-4,959	-30,023	20,459	-10,755	-61,531	-11,080	-30,011	10,956	-56,276	-54,747	-30,949	11,991	-12,062	13,215	30,315	1,940	50,746	67,511	26,557	-1,511	563	998	-1,244	-890	841
Prepaids and other
-1,038	-	-	-	2,876	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventory
-	-	-	-	-	-	-	-	-	-	-	-	-	-	323	126	590	-3	319	-314	-1,417	19	1,223	-280	-53	-211	-265	1,033	-2,759	1,398	213	-46	-	-	322	108
Derivative premium
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	111
Prepaids and other
-	-2,911	-	-	-	-6,181	-1,271	1,720	-108	-1,543	5,322	729	-820	-857	784	3,302	-2,088	-1,181	-2,193	1,156	-5,277	1,202	1,718	-4,662	293	3,003	9,362	-3,924	-1,430	338	1,004	837	-354	173	38	-260
Accounts payable and accrued liabilities
-18,244	-3,035	9,090	-1,683	-17,853	29,062	3,071	7,765	-17,547	-37,642	-54,698	31,698	-17,043	32,006	24,820	-44,981	6,635	-22,717	-9,554	-27,393	-99,379	-26,828	83,773	2,284	-35,245	14,080	74,024	-11,283	103,165	15,484	6,450	-2,950	-	-	250	-5,262
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26
Net cash provided by (used in) operating activities
12,343	13,654	-6,335	9,936	-36,834	30,446	-6,869	56,160	-12,582	12,369	-20,421	77,083	45,560	103,136	108,369	34,374	134,805	114,664	123,595	93,935	86,044	170,948	251,442	159,500	102,319	160,239	185,656	45,710	82,482	4,586	6,491	-9,199	6,022	10,770	8,839	4,204
Cash flows from investing activities:
Oil and natural gas capital expenditures
48,157	43,230	28,075	58,092	81,068	106,381	117,343	124,076	127,885	112,377	97,670	77,407	43,803	61,389	53,499	116,759	127,678	123,990	143,125	264,626	345,692	324,911	420,955	432,783	551,476	792,513	656,339	380,117	467,183	247,915	444,211	23,986	-	-	-	-
Proceeds received from sales of oil and natural gas assets
-	-	-	-	-	2,169	-132	5,813	-4,034	102,316	1,424,272	0	477,306	888	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of oil and natural gas properties
-	-	0	0	2,809	387	569	200,437	132,464	101,870	9,189	200,183	707,304	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of oil and natural gas properties
-	-	-	-	-	-	-	-	-	-	-	-	-	70	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of other operating property and equipment
-	-	-	-	-	-	-	-	-	0	0	0	25,538	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating property and equipment capital expenditures
-	-	21,037	34,023	30,553	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of Williston Basin Assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	532	2,442	-156	29,895	-	-	-	-	-	-	-	-
Proceeds received from sales of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-462	462	11
Oil and natural gas capital expenditures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,620
Proceeds received from sales of oil and natural gas assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,210	14,522	463,919	1,533	-	-	-	-	-	-	-	-	-	-	-	462
Advance on carried interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	126,942	62,500	-	-	-	-	-	-	-	-	-	-	-	-
Other operating property and equipment capital expenditures
-	-	-	-	-	-	-	-	30,721	-	11,739	13,233	502	750	240	646	925	2,435	3,133	4,345	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds received from sale of other operating property and equipment
-	6	-	-	-	213,847	337	0	1,899	507	10,939	66	10,286	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating property and equipment capital expenditures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,036	-	39,379	44,352	36,340	20,345	14,560	2,944	629	169	34	250	219
Funds held in escrow and other
-509	-434	2	4	1	0	2	2	-157	-	-	-	-	1,721	-118	351	-26	1,135	-2,053	-959	-368	-1,528	595	-288	-9,002	-25,258	32,133	-1,328	-	-	-	-	-	-	-	-
Funds held in escrow and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,763	-	-	-	-
Net cash provided by (used in) investing activities
-47,648	-42,790	-49,114	-90,872	-114,431	71,642	-143,856	-341,223	-293,048	-139,168	1,317,787	-290,472	-289,555	-63,042	-53,621	-117,756	-128,466	-126,449	-144,205	-268,012	-343,841	-319,692	-98,062	-509,498	-274,199	-659,274	-722,202	-445,024	-1,220,150	-1,111,507	-472,431	-28,378	-5,746	-6,134	-8,130	-5,366
Cash flows from financing activities:
Proceeds from borrowings
51,000	36,000	71,234	120,000	124,000	145,000	87,000	0	206,000	0	114,000	206,000	1,029,000	115,000	139,000	286,000	255,000	283,000	935,000	361,000	532,000	458,000	672,000	614,000	965,000	1,232,000	684,000	844,000	1,184,353	1,044,845	0	237,410	12,001	7,000	7,102	224,064
Repayments of borrowings
25,000	22,000	1,000	37,000	19,000	-	-	-	-	425,000	379,826	53,000	1,065,000	159,000	195,000	200,648	251,804	263,000	912,000	217,000	320,000	372,000	761,000	266,000	786,000	943,000	480,924	434,476	327,000	120,000	0	208,000	10,399	12,037	7,043	216,142
Cash payments to Common Holders, Noteholders and Preferred Holders
-	-	-	-	-	-	-	-	-	12,750	39,986	0	30,917	10,013	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	1,471	-	-	-	321	8	634	3,371	579	397	1,315	15,508	-	1	1,185	-	-	-	-	62	680	-49	126	4,571	7,775	44	11,483	29,221	18,604	558	4,495	-	-	291	6,712
Preferred stock issued
-	-	-	-	-	-	-	-	-	0	0	0	400,055	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock repurchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,139	66	9	65	43
Preferred stock issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	311,556	-	-	-	-
Preferred beneficial conversion feature
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	88,445	-	-	-	-
Common stock issued
-	-	-	-	-	0	0	0	63,480	-	-	-	-	-	-	-	2	0	9,335	6,019	-	-	-	-	-	-	-	-	294,000	0	0	275,000	-	-	-	-
Warrants issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	43,590	-	-	-	-
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	174	151	133	58	161	191	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity issuance costs and other
32	2,503	14	21	406	38	0	508	2,475	148	1,831	432	11,502	-	3	57	246	129	1,590	853	9	151	1,597	344	176	7,660	9,227	431	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
25,968	10,026	70,220	82,979	104,594	-55,359	54,992	-1,142	263,634	-438,477	-308,040	151,253	306,128	-54,013	-56,178	83,959	-4,567	8,066	11,972	148,975	206,822	82,160	7,526	347,530	174,253	496,435	538,805	397,610	1,122,048	905,839	-635	723,311	-271	-5,046	-297	1,167
Net increase (decrease) in cash, cash equivalents and restricted cash
-9,337	-19,110	14,771	2,043	-46,671	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-41,996	-	989,326	-62,136	62,133	-13,919	-1,430	577	1,772	-3,719	-8,638	-25,102	-50,975	-66,584	160,906	-2,468	2,373	-2,600	2,259	-1,704	-15,620	-201,082	-466,575	685,734	5	-410	412	5
Offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	402	77	18,056	-	-	-	-
Supplemental cash flow information:
Cash paid (received) for interest
-	197	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid (received) for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	3,605	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest, net of capitalized interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-11,482	3,330	3,351	5,355
Cash paid (refunded) for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,795	50	504	-23
Cash paid for reorganization items
4,984	6,913	-	-	-	-	-	-	-	-	-	-	-	18,012	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Disclosure of non-cash investing and financing activities:
Accrued capitalized interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,799	-17,186	-975	2,172	5,656	-8,270	4,160	-4,272	3,695	-4,763	-659	12,025	-11,045	9,569	-	-	-	-	-	-	-	-
Asset retirement obligations
105	293	2,963	12	-43	-302	472	1,837	210	-832	-22,509	65	-6,037	513	336	583	4,337	651	634	1,120	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of non-cash preferred dividend
-	-	-	-	-	-	-	-	-	0	0	47,206	801	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued equity issuance costs
-	-2,484	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred dividends on redeemable noncontrolling interest paid-in-kind
-	-	-	-	-	-	-	-	-	-	-	-	-	791	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset retirement obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-730	-	4,683	3,882	1,512	-	-	-	-	-	-	-	-
Series A preferred dividends paid in common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	0	4,902	4,901	0	4,959	4,960	4,959	-	-	-	-	-	-	-	-	-	-	-	-
Preferred dividends on redeemable noncontrolling interest paid-in-kind
-	-	-	-	-	-	-	-	-	-	-	-	-	791	3,360	3,295	3,274	3,209	3,112	3,019	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of redeemable noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,492	20,370	24,477	16,142	7,310	5,632	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment-in-kind interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	362
Common stock issued on conversion of senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	229,201	2,182	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued debt issuance costs
-	-1,471	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-903	-	-	-	-78	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset retirement obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5
Payment-in-kind interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	583