| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||
Net Income (Loss) Attributable to Parent | |||||||||
-342,459 | 324,595 | 548,974 | -260,739 | -2,209,936 | 265,573 | 118,000 | 61,654 | 105,554 | 86,248 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |||||||||
Bad debt expense | |||||||||
- | - | - | - | 255 | 342 | 653 | 0 | 0 | - |
Share-settled equity-based compensation, net | |||||||||
8,290 | 36,396 | 35,734 | 29,229 | 24,509 | 23,079 | 21,433 | 10,056 | 6,111 | 1,257 |
Depreciation, Depletion and Amortization | |||||||||
265,746 | 212,677 | 158,389 | 148,339 | 277,724 | 246,474 | 234,571 | 243,649 | 176,366 | 97,411 |
Asset Impairment Charges | |||||||||
620,889 | 0 | 0 | 162,027 | 2,374,888 | 3,904 | 0 | 0 | 243 | 0 |
Accretion of asset retirement obligations | |||||||||
- | - | - | - | - | - | 1,475 | 1,200 | 616 | 475 |
Mark-to-market on derivatives: | |||||||||
Mark-to-market on derivatives: | |||||||||
Gain (Loss) on Derivative Instruments, Net, Pretax | |||||||||
79,151 | 42,984 | 350 | -87,425 | 214,291 | 327,920 | 79,878 | 8,388 | 19,736 | - |
Settlements received for matured commodity derivatives, net | |||||||||
63,221 | 6,090 | 37,583 | 195,281 | 255,281 | 28,241 | 3,745 | 24,910 | -1,154 | - |
Settlements (paid) received for early terminations of commodity derivatives, net | |||||||||
-5,409 | 0 | 4,234 | 80,000 | 0 | 76,660 | 6,008 | - | - | - |
Cash settlements received for early terminations of derivatives, net | |||||||||
-5,409 | 0 | 4,234 | 80,000 | 0 | - | 6,008 | 0 | 0 | - |
Change in net present value of derivative deferred premiums | |||||||||
- | - | - | 232 | 203 | 220 | 462 | 668 | 471 | - |
Premiums Paid (Received) For Derivative Financial Instruments | |||||||||
9,063 | 20,335 | 25,853 | 89,669 | 5,167 | 7,419 | 10,277 | 6,118 | 555 | 5,397 |
Unrealized (gain) loss on derivative financial instruments, net | |||||||||
- | - | - | - | - | - | - | - | - | -11,648 |
Amortization of premiums paid for derivative financial instruments | |||||||||
- | - | - | - | - | - | - | - | - | 155 |
Amortization of debt issuance costs | |||||||||
3,341 | 3,331 | 4,086 | 4,279 | 4,727 | 5,137 | 5,023 | 4,816 | 3,871 | 2,132 |
Amortization of operating lease right-of-use assets | |||||||||
14,563 | 0 | 0 | - | - | - | - | - | - | - |
Gain on sale of investment in equity method investee (see Note 4.d) | |||||||||
0 | 0 | 405,906 | 0 | 0 | - | - | - | - | - |
Gain (Loss) on Extinguishment of Debt | |||||||||
0 | 0 | -23,761 | 0 | -31,537 | 0 | 0 | - | - | - |
Deferred income tax expense (benefit) | |||||||||
-2,588 | 5,056 | 0 | 0 | -176,945 | 164,286 | 75,288 | 32,949 | 59,374 | -25,812 |
Write off of Deferred Debt Issuance Cost | |||||||||
- | - | - | 842 | 0 | 124 | 1,502 | 0 | 6,195 | 0 |
Loss on disposal of assets, net | |||||||||
- | - | - | - | - | - | -1,508 | -52 | -40 | -30 |
Income (Loss) from Equity Method Investments | |||||||||
- | - | - | 9,403 | 6,799 | -192 | 29 | - | 0 | - |
Amortization of October 2011 Notes premium | |||||||||
- | - | - | - | - | - | - | -202 | -39 | 0 |
Amortization of other assets | |||||||||
- | - | - | - | - | - | - | - | 19 | 19 |
Cash settlement of performance unit awards | |||||||||
- | - | - | 6,394 | 2,738 | 0 | 2,080 | 0 | 0 | - |
Other, net | |||||||||
3,887 | 12,551 | -2,024 | 4,596 | 4,554 | 5,442 | -230 | -19 | - | - |
Decrease (increase) in accounts receivable, net | |||||||||
-8,924 | -4,669 | 12,124 | -832 | -38,975 | 49,953 | -6,825 | 9,705 | 30,196 | 23,299 |
Increase in other assets | |||||||||
- | - | - | - | - | 16,688 | 7,438 | 414 | 833 | 2,331 |
Decrease (increase) in other current assets | |||||||||
14,059 | 1,865 | 3,461 | 1,373 | 2,309 | - | - | - | - | - |
(Increase) decrease in other noncurrent assets, net | |||||||||
-2,327 | -124 | 4,774 | -360 | 0 | - | - | - | - | - |
Increase in accounts payable and accrued liabilities | |||||||||
-28,983 | 11,163 | 9,137 | 5,432 | -38,881 | 23,006 | -32,581 | 2,665 | -3,825 | 5,711 |
(Decrease) increase in undistributed revenue and royalties | |||||||||
-16,037 | 10,989 | 11,014 | -7,735 | -30,898 | 30,314 | -941 | 9,221 | 16,180 | 735 |
Decrease in other current liabilities | |||||||||
-13,968 | -23,799 | -2,327 | 13,153 | -12,942 | - | - | - | - | - |
Decrease in accrued compensation and benefits | |||||||||
- | - | - | - | - | - | - | - | 2,492 | 5,621 |
(Decrease) increase in other accrued liabilities | |||||||||
- | - | - | - | - | 23,837 | 16,458 | 7,849 | 23,031 | 2,457 |
(Decrease) increase in other noncurrent liabilities | |||||||||
-4,397 | -854 | 8,821 | -419 | 119 | 2,825 | 499 | 98 | -149 | -17 |
Increase in fair value of performance unit awards | |||||||||
- | - | - | - | 4,081 | 601 | 4,733 | 1,797 | 0 | 0 |
Net cash provided by operating activities | |||||||||
475,074 | 537,804 | 384,914 | 356,295 | 315,947 | 498,277 | 364,729 | 376,776 | 344,076 | 157,043 |
Cash flows from investing activities: | |||||||||
Deposit received for potential sale of oil and natural gas properties | |||||||||
- | - | - | 3,000 | 0 | - | - | - | - | - |
Deposit utilized for sale of oil and natural gas properties | |||||||||
0 | 0 | 3,000 | 0 | 0 | 0 | - | - | - | - |
Payments to Acquire Businesses, Gross | |||||||||
- | - | - | 124,660 | 0 | 6,493 | 33,710 | 20,496 | 0 | 0 |
Payments to Acquire Oil and Gas Property | |||||||||
199,284 | 17,538 | 0 | - | - | - | 702,349 | 895,312 | 687,062 | 454,161 |
Capital expenditures: | |||||||||
Acquisition of mineral interests | |||||||||
- | - | - | - | - | 7,305 | 0 | 0 | - | - |
Payments to Explore and Develop Oil and Gas Properties | |||||||||
458,985 | 673,584 | 538,122 | 360,679 | 588,017 | 1,251,757 | - | - | - | - |
Midstream service assets | |||||||||
7,910 | 6,784 | 20,887 | 5,240 | 35,459 | 60,548 | 24,409 | 16,241 | 13,368 | 4,277 |
Other fixed assets | |||||||||
2,433 | 7,308 | 4,905 | 7,611 | 9,125 | 27,444 | 16,257 | 8,755 | 6,413 | 2,198 |
Investment in equity method investee (see Note 4.d) | |||||||||
0 | 0 | 31,808 | 69,609 | 99,855 | 55,164 | 3,287 | 0 | 0 | - |
Proceeds from disposition of equity method investee, net of selling costs (see Note 4.d) | |||||||||
0 | 1,655 | 829,615 | 0 | 0 | - | - | - | - | - |
Proceeds from dispositions of capital assets, net of selling costs | |||||||||
6,901 | 12,603 | 64,157 | 397 | 64,949 | 1,750 | 450,128 | 53 | 56 | 89 |
Net cash used in investing activities | |||||||||
-661,711 | -690,956 | 295,050 | -564,402 | -667,507 | -1,406,961 | -329,884 | -940,751 | -706,787 | -460,547 |
Cash flows from financing activities: | |||||||||
Cash flows from financing activities: | |||||||||
Broad Oak transaction | |||||||||
- | - | - | - | - | - | - | - | 81,963 | 0 |
Borrowings on Senior Secured Credit Facility | |||||||||
275,000 | 210,000 | 190,000 | 239,682 | 310,000 | 300,000 | 230,000 | 360,000 | 790,100 | 250,300 |
Payments on Senior Secured Credit Facility | |||||||||
90,000 | 20,000 | 260,000 | 304,682 | 475,000 | 0 | 395,000 | 280,000 | 1,096,700 | 105,800 |
Borrowings on term loan | |||||||||
- | - | - | - | - | - | - | - | - | 100,000 |
Payments on term loan | |||||||||
- | - | - | - | - | - | - | - | 100,000 | 0 |
Issuance of January 2025 Notes and January 2028 Notes | |||||||||
- | - | - | - | - | - | - | 0 | 552,000 | 0 |
Issuance of March 2023 Notes | |||||||||
- | - | - | - | 350,000 | - | - | 500,000 | 0 | 0 |
Repayments of Senior Debt | |||||||||
0 | 0 | 518,480 | 0 | 576,200 | 0 | 0 | - | - | - |
Proceeds from Issuance of Common Stock | |||||||||
- | - | - | 276,052 | 754,163 | 0 | 298,104 | 0 | 319,378 | - |
Share repurchases | |||||||||
0 | 97,055 | 0 | 0 | 2,811 | 4,242 | 2,083 | 0 | 3 | 0 |
Stock exchanged for tax withholding | |||||||||
2,657 | 4,418 | 7,662 | 1,635 | - | - | - | - | - | - |
Proceeds from initial public offering, net | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Proceeds from issuance of equity interests, net | |||||||||
- | - | - | - | - | - | - | - | - | 10,000 |
Purchase of equity interests and units, net | |||||||||
- | - | - | - | - | - | - | - | 164 | 513 |
Proceeds from exercise of stock options | |||||||||
0 | 86 | 397 | 208 | 0 | 1,885 | 2,050 | 0 | 0 | - |
Payments for debt issuance costs | |||||||||
0 | 2,500 | 4,700 | 0 | 6,759 | 7,791 | 2,987 | 10,803 | 23,170 | 9,235 |
Capital contributions | |||||||||
- | - | - | - | - | - | - | - | - | 75,000 |
Net cash provided by financing activities | |||||||||
182,343 | 86,144 | -600,477 | 209,625 | 353,393 | 739,852 | 130,084 | 569,197 | 359,478 | 319,752 |
Net increase (decrease) in cash and cash equivalents | |||||||||
-4,294 | -67,008 | 79,487 | 1,518 | 1,833 | -168,832 | 164,929 | 5,222 | -3,233 | 16,248 |
Cash paid for interest, net of $212 and $505, respectively, of capitalized interest | |||||||||
- | - | - | - | - | - | - | - | - | 15,223 |