Contango oil & gas company (MCF)
CashFlow / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

59,213

67,968

69,909

60,227

64,459

0

0

0

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-327,888

-

-243,703

-54,354

-30,245

-21,874

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Plus Income (loss) from discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Net loss

-159,796

-55,220

-128,906

-131,123

-121,568

-93,343

-18,735

-17,591

-17,643

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

0

0

0

-

0

0

0

Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation, depletion and amortization

39,807

32,423

36,803

38,728

41,657

44,373

42,713

45,929

47,215

49,415

53,388

58,549

63,323

70,695

93,915

114,810

133,380

153,535

155,699

156,830

156,117

148,140

119,108

89,437

65,529

0

0

0

-

-

-

-

-

-

-

-

-

-

Impairment of natural gas and oil properties

126,964

29,235

100,353

100,550

103,164

0

0

0

-

-

-

-

10,438

52,351

286,338

285,437

285,870

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Exploration recovery

-

-

-

-

-

-

-

-

-232

-231

-175

-175

-1

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of natural gas and oil properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation, depletion and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

65,528

43,012

41,060

43,679

44,895

47,662

49,052

48,560

52,398

55,066

59,337

0

0

0

Impairment of natural gas and oil properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

767

6,435

14,845

14,078

14,078

8,410

1,031

0

0

0

-

-

-

-

Exploration expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

31,614

36,775

26,591

-9

6,518

51,350

51,445

51,379

44,832

0

-502

-472

9,034

9,657

0

0

0

Deferred income taxes

424

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-92,329

-101,127

-26,542

-12,806

-12,284

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (loss) from investment in affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

8,146

7,196

7,815

3,554

2,688

1,910

-1,673

92

-438

-690

0

0

0

-

-

-

-

Gain on sale of assets

518

2,510

2,816

3,765

13,224

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,159

9,618

-2,087

-4,614

-8,569

-12,854

-5,716

0

0

0

-

-

-

-

Gain on sale of assets

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

21,961

15,645

0

0

0

0

-

-

-

-

-

-

-

-

Loss (gain) from investment in affiliates

742

-12,834

-12,496

-13,398

-12,721

184

979

1,620

2,697

2,218

2,160

3,289

1,545

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Stock-based compensation

2,352

3,187

3,395

4,394

4,766

5,312

6,030

6,068

6,100

6,702

6,557

6,214

6,457

5,823

6,916

7,075

6,516

6,190

4,978

4,569

4,515

0

0

0

-

-

-

0

-

-

-

-

-

-

1,276

0

0

0

Unrealized loss (gain) on derivative instruments

-5,973

6,904

5,654

2,294

5,421

-4,144

-4,434

-1,590

2,204

2,751

4,813

-2,867

-3,446

0

0

0

-

-

-

-

1,131

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Decrease (increase) in accounts receivable & other

9,903

-1,551

-714

-2,104

-1,316

498

-1,002

1,568

-3,914

1,253

-704

1,125

-1,006

-7,706

-7,583

-7,767

-4,261

-13,820

-15,317

-15,997

-28,942

-13,199

-7,572

-9,038

6,299

553

-3,375

-6,927

-19,833

-13,350

-14,280

-10,970

2,639

-1,639

2,029

0

0

0

Decrease in prepaid expenses

-451

-195

-535

-484

-589

-596

-649

156

105

277

-217

-59

560

-5,630

-708

-3,663

-714

4,611

-500

69

19

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in prepaids and other receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,587

-2,854

-1,894

1,132

2,454

2,534

1,840

0

0

0

-

-

-

-

Increase (decrease) in accounts payable & advances from joint owners

10,739

8,867

8,186

-679

-2,433

5,765

-1,536

-9,472

450

5,993

10,726

11,443

2,116

-8,920

-15,178

-17,339

-28,672

-36,088

-32,517

-27,261

-8,322

-4,036

-1,553

-5,751

-4,704

5,905

1,166

2,574

-11,005

-15,130

-27,842

-8,678

25

-2,167

-5,718

0

0

0

Increase (decrease) in other accrued liabilities

13,019

-962

1,059

-114

-1,209

-144

-5

405

1,353

2,513

471

1,288

2,436

-1,833

-4,483

-3,506

-5,711

-3,241

-4,919

-2,522

-4,236

1,323

3,694

-2,157

3,568

-715

-1,914

-313

-877

-113

-3,413

-3,686

-1,073

360

7,142

0

0

0

Increase in income taxes receivable, net

85

0

0

0

-

-

-

-

-

-

-

-

-2,777

-2,525

-2,803

-573

-405

-1,166

-1,296

-1,470

-884

4,027

-163

-9,416

-11,778

-12,420

-5

14,471

15,117

20,823

11,357

0

0

0

-

-

-

-

Increase (decrease) in income taxes payable, net

-153

-294

-447

-91

40

264

178

-282

-252

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Other

-

-

0

323

-

-

-3,311

-3,297

-79

-331

-321

-321

-242

-64

-494

-1,297

-1,314

-1,111

-586

362

544

381

404

-620

-782

-584

-494

-79

363

194

-379

136

277

76

-91

0

0

0

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39,118

-

52,374

90,863

137,525

209,960

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

21,710

7,581

25,112

21,269

23,477

33,724

29,840

21,898

34,686

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

107,187

102,411

95,655

85,687

87,866

78,898

73,571

103,064

128,209

128,383

140,558

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Natural gas and oil exploration and development expenditures

42,737

43,033

43,474

47,827

58,947

57,857

61,095

62,008

66,571

57,017

53,099

40,900

24,929

27,280

28,417

47,394

77,820

104,112

127,937

169,890

180,422

187,936

161,830

105,522

64,354

74,535

80,418

75,362

76,443

26,576

20,847

33,572

40,311

68,967

69,993

0

0

0

Additions to furniture & equipment

53

0

0

0

-

-

-

-

42

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Sale of oil and gas properties

-

-

-

-

27,805

21,562

22,043

21,446

1,151

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments in affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,403

16,164

16,416

57,741

54,765

53,999

53,406

11,593

500

3,999

3,959

0

0

0

Distributions from affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,365

5,365

28,519

28,519

23,154

23,477

8,146

8,969

8,969

8,646

823

0

0

0

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-46,380

-

-104,112

-127,937

-169,890

-175,057

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-154,855

-36,839

-36,793

-40,549

-30,687

-35,798

-39,055

-40,578

-65,450

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-36,945

-67,222

-88,688

-124,099

-121,839

-71,929

-73,430

-6,457

-2,517

-32,255

-33,253

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings under Credit Agreement

256,923

191,947

179,482

198,804

236,611

249,818

256,685

259,383

239,514

202,586

182,861

158,677

148,881

190,034

217,361

279,230

356,102

423,077

475,551

546,775

491,257

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Repayments under Credit Agreement

244,154

245,618

200,310

211,914

261,992

247,273

247,174

240,444

208,488

185,822

222,522

211,136

209,972

242,141

217,785

271,512

304,016

362,922

430,127

506,141

517,898

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Net costs from equity offering

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reissuance of treasury stock

255

313

488

562

447

471

296

259

262

492

492

407

561

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,419

17,000

17,000

22,435

9,769

0

0

0

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

494

0

0

0

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,262

-

51,738

37,074

32,365

-34,903

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

134,769

31,302

11,681

19,280

7,210

2,074

9,215

18,680

30,764

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-149,729

-35,465

-35,465

-38,884

-38,630

-6,633

-20,165

-16,765

-17,037

-22,417

-9,767

0

0

0

NET DECREASE IN CASH AND CASH EQUIVALENTS

1,624

2,044

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET DECREASE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

-

-137,508

-101,485

-82,606

-79,487

-276

-28,498

-77,296

-72,603

336

-20,024

79,842

108,655

73,711

97,538

0

0

0

Cash paid for taxes, net of cash received

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

0

0

0

-

0

0

0

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

0

0

0

-

0

0

0