| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities: | ||||||||||||
Net Income (Loss) | ||||||||||||
-1,015,639 | -47,805 | 11,114 | -1,910 | -96,229 | 222,423 | -29,360 | -46,906 | -24,937 | -77,821 | -28,842 | -18,447 | -13,115 |
Adjustments to reconcile to net cash provided by operations: | ||||||||||||
Depreciation, depletion and amortization | ||||||||||||
74,925 | 91,106 | 84,948 | 72,612 | 72,610 | 76,374 | 58,946 | 52,175 | 40,985 | 40,555 | 41,732 | 39,337 | 38,340 |
Deferred income taxes | ||||||||||||
-95,280 | -16,845 | 4,330 | 110 | -29,711 | 1,827 | 0 | 0 | 0 | - | - | - | - |
Impairment and abandonment expense | ||||||||||||
1,265,426 | 7,113 | 1,170 | 995 | 322 | 91 | 184 | 108 | 317 | 41,264 | 261 | 1 | 8,074 |
Commodity derivative (gain) loss | ||||||||||||
192,188 | -44,353 | 31,047 | 19,544 | -105,191 | 221,515 | -51,547 | -56,286 | -20,333 | -28,766 | -12,408 | 15,598 | 16,464 |
Settlements of commodity derivatives | ||||||||||||
-28,836 | -2,936 | -4,075 | 993 | -4,649 | 4,959 | 18,780 | 15,460 | 8,388 | -2,037 | -7,264 | -6,166 | -3,632 |
Stock compensation and other non-cash charges | ||||||||||||
765 | 1,805 | 2,521 | 2,662 | 4,318 | 2,524 | 2,323 | 2,655 | 835 | 1,462 | 1,480 | 1,686 | 1,968 |
Amortization of deferred financing costs | ||||||||||||
640 | 639 | 642 | 635 | 640 | 636 | 598 | 568 | 563 | 529 | 510 | 597 | 558 |
(Gain) loss on sale of properties | ||||||||||||
0 | 0 | 0 | -2,906 | 5 | 0 | -74 | -564 | -408 | 0 | 0 | 0 | 92 |
Change in operating assets and liabilities: | ||||||||||||
Accounts receivable | ||||||||||||
-8,524 | 2,693 | 4,987 | -3,005 | -15,470 | 4,908 | 4,592 | 13,363 | -9,166 | 9,326 | 11,679 | 1,160 | -3,587 |
Prepayments and other assets | ||||||||||||
-927 | -1,082 | -354 | 1,391 | 72 | -628 | 332 | 978 | 111 | 868 | -397 | 330 | 1,047 |
Accounts payable, accrued and other liabilities | ||||||||||||
-3,203 | -837 | 10,600 | -14,037 | 7,304 | -15,037 | 10,746 | -36,855 | 822 | -8,381 | 25,656 | -14,550 | 8,965 |
Amounts payable to oil and gas property owners | ||||||||||||
6,082 | -1,086 | 6,139 | -12,017 | -10,906 | 695 | 8,272 | 15,923 | 9,609 | 4,031 | 3,698 | 1,583 | 1,090 |
Production taxes payable | ||||||||||||
-3,052 | 3,431 | 6,990 | -12,171 | 4,102 | 12,458 | 11,415 | -147 | 4,715 | 4,071 | 4,299 | -7,088 | 2,602 |
Net cash provided by (used in) operating activities | ||||||||||||
76,763 | 83,241 | 96,849 | 20,862 | 77,683 | 71,256 | 91,298 | 14,570 | 54,317 | 26,607 | 57,184 | 101 | 38,098 |
Investing Activities: | ||||||||||||
Additions to oil and gas properties, including acquisitions | ||||||||||||
39,210 | 50,440 | 117,823 | 127,291 | 130,862 | 131,002 | 101,798 | 131,962 | 88,854 | 78,843 | 56,552 | 46,273 | 57,963 |
Additions of furniture, equipment and other | ||||||||||||
474 | 704 | 384 | 2,265 | 1,309 | 237 | 146 | 348 | 122 | 658 | 67 | 190 | 11 |
Repayment of debt associated with merger, net of cash acquired | ||||||||||||
- | - | - | - | - | 0 | 0 | 0 | 53,357 | 0 | 0 | 0 | 0 |
Proceeds from sale of properties | ||||||||||||
- | - | - | - | - | - | - | - | - | 102,557 | -97 | -11,840 | 11,225 |
Other investing activities | ||||||||||||
-3,310 | 212 | -32 | 1,159 | 273 | -132 | 104 | -493 | 157 | - | - | - | - |
Net cash provided by (used in) investing activities | ||||||||||||
-36,374 | -51,356 | -118,175 | -129,381 | -132,444 | -131,107 | -102,463 | -131,623 | -142,490 | 22,757 | -56,716 | -58,303 | -46,749 |
Financing Activities: | ||||||||||||
Proceeds from debt | ||||||||||||
15,000 | 22,000 | 50,000 | 80,000 | 70,000 | 0 | 0 | 0 | 0 | - | - | - | - |
Proceeds from sale of common stock, net of offering costs | ||||||||||||
- | - | - | - | - | - | - | - | - | 111,008 | 0 | -74 | -224 |
Principal payments on debt | ||||||||||||
60,000 | - | 25,000 | 0 | 1,859 | - | 118 | 116 | 116 | - | 115 | 322,001 | 112 |
Other financing activities | ||||||||||||
-635 | -5 | -218 | -27 | -1,496 | -237 | -3,116 | -144 | -1,485 | -13,766 | 33 | 5,045 | 967 |
Net cash provided by (used in) financing activities | ||||||||||||
-45,635 | -35,004 | 24,782 | 79,973 | 66,645 | -355 | -3,234 | -260 | -1,601 | 109,217 | -148 | -52,120 | -1,303 |
Increase (Decrease) in Cash and Cash Equivalents | ||||||||||||
-5,246 | -3,119 | 3,456 | -28,546 | 11,884 | -60,206 | -14,399 | -117,313 | -89,774 | 158,581 | 320 | -110,322 | -9,954 |