| Dec'18 | Dec'17 | Dec'16 | Dec'15 | |||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net Income (Loss) Attributable to Parent | ||||||
165,458 | -451,934 | -9,760 | -7,484 | |||
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||
Depletion, depreciation, amortization and accretion expense | ||||||
222,355 | 111,049 | 40,417 | 22,685 | |||
Management incentive unit advance | ||||||
0 | 0 | 14,712 | 0 | |||
Impairment of unproved oil and natural gas properties | ||||||
28,198 | 373 | 372 | 6,489 | |||
Results of Operations, Dry Hole Costs | ||||||
0 | 0 | 1,200 | 0 | |||
Amortization of debt issuance costs | ||||||
2,340 | 606 | 260 | 61 | |||
Deferred income taxes | ||||||
66,475 | 57,943 | 0 | 0 | |||
Equity-based compensation | ||||||
83,346 | 442,976 | 0 | 0 | |||
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net | ||||||
119,338 | -42,615 | -15,145 | 1,323 | |||
Net Cash Receipts (Payments) On Settled Derivatives | ||||||
-34,134 | -2,618 | -2,292 | 5,935 | |||
(Gain) on sale of oil and natural gas properties | ||||||
6,225 | 0 | 0 | - | |||
Other | ||||||
314 | -882 | 160 | 155 | |||
Change in operating assets and liabilities: | ||||||
Accounts receivable and other current assets | ||||||
11,273 | 40,442 | 2,588 | 5,997 | |||
Other assets | ||||||
0 | 3 | -11 | -17 | |||
Accounts payable and accrued liabilities | ||||||
30,768 | 17,424 | 4,198 | 144 | |||
Net cash provided by operating activities | ||||||
427,656 | 178,871 | 32,083 | 20,372 | |||
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
Leasehold and acquisition costs | ||||||
29,671 | 73,492 | 54,681 | 13,716 | |||
Development of oil and natural gas properties | ||||||
706,689 | 523,559 | 139,571 | 96,743 | |||
Other capital expenditures | ||||||
5,236 | 2,983 | 1,969 | 213 | |||
Proceeds from sale of oil and natural gas properties | ||||||
8,377 | 0 | 796 | 440 | |||
Net cash used in investing activities | ||||||
-733,219 | -600,034 | -195,425 | -110,232 | |||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
Proceeds from Issuance Initial Public Offering | ||||||
0 | 401,625 | 0 | 0 | |||
Proceeds from JPE LLC members | ||||||
0 | 0 | 51,542 | 51,000 | |||
Proceeds from credit facility | ||||||
165,000 | 165,000 | 112,000 | 20,000 | |||
Repayment of credit facility | ||||||
320,000 | 142,000 | 0 | 0 | |||
Proceeds from senior notes | ||||||
500,000 | 0 | 0 | - | |||
Debt issuance costs | ||||||
13,531 | 2,362 | 1,220 | 603 | |||
Payments of Stock Issuance Costs | ||||||
0 | 3,216 | 1,418 | 0 | |||
Employee tax withholding for settlement of equity compensation awards | ||||||
200 | 88 | 0 | 0 | |||
Net cash provided by financing activities | ||||||
331,269 | 418,959 | 160,904 | 70,397 | |||
NET CHANGE IN CASH AND CASH EQUIVALENTS | ||||||
25,706 | -2,204 | -2,438 | -19,463 | |||
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION | ||||||
Interest paid, net of capitalized interest | ||||||
23,157 | 2,021 | 2,190 | 95 | |||
Cash paid for income taxes | ||||||
0 | 0 | 0 | 0 | |||
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING ACTIVITIES | ||||||
Accrued capital expenditures | ||||||
106,674 | 105,401 | 36,581 | 17,720 | |||
Asset retirement obligations | ||||||
1,035 | 600 | -100 | 189 | |||
Accrued offering costs | ||||||
0 | 0 | 1,224 | 0 | |||