| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net income (loss) | ||||||
173,876 | 43,833 | -53,897 | -55,820 | |||
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||||||
Depletion, depreciation, amortization and accretion | ||||||
156,935 | 159,998 | 126,938 | 150,414 | |||
Amortization of debt discount and issuance costs | ||||||
28,775 | 20,604 | 7,657 | 10,319 | |||
Gain on extinguishment of debt | ||||||
13,105 | 66,066 | 0 | 150,802 | |||
Impairment of long-lived assets | ||||||
105,532 | 67,978 | 37,283 | - | |||
Impairment of long-lived assets | ||||||
- | - | - | 61,800 | |||
(Gain) loss on derivatives | ||||||
-52,337 | 49,099 | 19,711 | -40,679 | |||
Equity in income (loss) of equity method investees | ||||||
-35 | -19 | 17 | 0 | |||
Stock/Unit-based compensation | ||||||
14,782 | 6,619 | 6,011 | 7,035 | |||
Loss (gain) on disposal of assets | ||||||
-2,130 | 23,800 | -1,606 | 50,095 | |||
Changes in assets and liabilities: | ||||||
(Increase) decrease in accounts receivable, oil and natural gas | ||||||
7,057 | -6,140 | 19,563 | 9,248 | |||
Decrease in accounts receivable, joint interest owners | ||||||
-2,167 | -12,039 | 4,006 | - | |||
(Increase) decrease in accounts receivable, joint interest owners | ||||||
-2,167 | -12,039 | 4,006 | -1,964 | |||
(Increase) decrease in accounts receivable, other | ||||||
12 | -12 | 0 | -84 | |||
(Increase) decrease in other assets | ||||||
-1,133 | -2,157 | -3 | -2,666 | |||
Increase (decrease) in accounts payable | ||||||
-6,150 | -1,865 | 4,001 | -4,489 | |||
Increase (decrease) in accrued oil and natural gas liabilities | ||||||
-4,856 | 9,540 | 1,891 | 2,675 | |||
Reorganization items, net increase | ||||||
-479,071 | 0 | 0 | - | |||
Increase (decrease) in other liabilities | ||||||
27,788 | -12,165 | 11,599 | -3,882 | |||
Total adjustments | ||||||
-118,637 | 132,108 | 153,692 | 59,116 | |||
Net cash provided by operating activities | ||||||
55,239 | 175,941 | 99,795 | 3,296 | |||
Cash flows from investing activities: | ||||||
Investment in oil and natural gas properties | ||||||
128,086 | 227,855 | 313,898 | - | |||
Investment in oil and natural gas properties | ||||||
128,086 | 227,855 | 313,898 | 41,496 | |||
Decrease in deposit on pending acquisition | ||||||
75 | 0 | 0 | - | |||
Proceeds from sale of fixed assets | ||||||
1,608 | 54,968 | 11,099 | - | |||
Proceeds associated with sale of assets | ||||||
- | - | - | -97,416 | |||
Investment in other equipment | ||||||
4,003 | 406 | 593 | 436 | |||
Corporate Reorganization | ||||||
0 | 3,120 | 0 | - | |||
Distribution from equity method investee | ||||||
660 | 0 | 0 | - | |||
Corporate Reorganization | ||||||
- | - | - | 0 | |||
Net cash settlements on commodity derivatives | ||||||
-23,686 | 11,715 | -24,156 | -64,505 | |||
Net cash used in investing activities | ||||||
-106,210 | -188,128 | -279,236 | 119,989 | |||
Cash flows from financing activities: | ||||||
Proceeds from long-term debt | ||||||
626,758 | 659,626 | 538,000 | 266,000 | |||
Payments of long-term debt | ||||||
779,758 | 619,384 | 357,000 | 376,402 | |||
Payments of debt issuance costs | ||||||
11,648 | 28,132 | 3,282 | 8,728 | |||
Proceeds from equity offering | ||||||
256,300 | 0 | 0 | - | |||
Net cash provided by (used in) financing activities | ||||||
91,652 | 12,110 | 177,718 | -119,130 | |||
Net (decrease) increase in cash | ||||||
40,681 | -77 | -1,723 | - | |||
Net (decrease) increase in cash | ||||||
- | - | - | 4,155 | |||
Supplemental cash flow information: | ||||||
Cash paid for interest | ||||||
69,294 | 101,315 | 83,160 | - | |||
Cash paid for reorganization items | ||||||
27,969 | 0 | 0 | - | |||
Non-Cash Investing and Financing Activities: | ||||||
Change in accrued capital expenditures | ||||||
- | - | - | 0 | |||
Asset retirement obligation costs and liabilities | ||||||
5,273 | 65 | 39 | 1 | |||
Asset retirement obligations associated with property acquisitions | ||||||
30 | 226 | 62 | 24 | |||
Asset retirement obligations associated with properties sold | ||||||
243 | 27,673 | 8,464 | 24,605 | |||
Debt exchange | ||||||
0 | 23,849 | 0 | 6,607 | |||
Change in accrued capital expenditures | ||||||
-30,066 | 8,029 | 0 | - | |||
Units issued in exchange for Standstill Agreement | ||||||
0 | 5,928 | - | - | |||