Northern oil and gas, inc. (NOG)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Net Income (Loss)

-76,318

143,689

-9,194

-293,493

-975,354

163,745

53,067

72,284

40,611

6,917

2,798

CASH FLOWS FROM OPERATING ACTIVITIES
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities:
Depletion, Depreciation, Amortization and Accretion

210,201

119,780

59,500

61,244

137,769

172,883

124,383

-

-

-

-

Depletion, Depreciation, Amortization and Accretion

-

-

-

-

-

-

-

98,923

41,169

-

-

Depletion of Oil and Gas Properties

-

-

-

-

-

-

-

-

-

16,884

4,250

Depreciation and Amortization

-

-

-

-

-

-

-

-

-

176

91

Amortization of Debt Issuance Costs

5,307

5,147

4,122

3,800

3,696

2,776

2,625

1,527

430

455

459

Write-off of Debt Issuance Costs

0

0

95

1,089

0

0

-

-

-

-

-

Loss on Extinguishment of Debt

-23,187

-173,430

-993

-

-

-

-

-

-

-

-

Loss on Extinguishment of Debt

-

-

-

0

0

-

-

-

-

-

-

Amortization of Bond Premium on Long-term Debt

-2,705

-563

496

501

-248

-1,486

-960

0

0

-

-

(Gain) Loss on the Sale of Other Property & Equipment

-

-

-

-30

61

0

-473

23

0

0

-

Accretion of Discount on Asset Retirement Obligations

-

-

-

-

-

-

-

-

-

21

8

Deferred Income Taxes

210

365

-785

0

-202,350

96,107

31,763

42,984

26,833

4,419

1,466

Net (Gain) Loss on Sale of Available for Sale Securities

-

-

-

-

-

-

-

-

215

-58

-

Net (Gain) Loss on Sale of Available for Sale Securities

-

-

-

-

-

-

-

-

-

-

0

Unrealized (Gain) Loss on Derivative Instruments

-173,214

207,892

-18,443

-76,346

-88,715

171,275

-21,259

15,147

3,072

-14,545

-363

Legal Settlement

0

0

2,820

0

0

-

-

-

-

-

-

Gain on Debt Exchange Derivative

1,390

-598

0

-

-

-

-

-

-

-

-

Loss on Contingent Consideration

-29,512

-28,968

0

-

-

-

-

-

-

-

-

Loss on Contingent Consideration

-

-

-

0

-

-

-

-

-

-

-

PIK Interest on Second Lien Notes

1,742

2,599

0

0

-

-

-

-

-

-

-

Deferred Rent

-

-

-

-

-

0

-

-

-

-

-

Amortization of Deferred Rent

-

-

-

-

-

14

-

-

-

-

-

Amortization of Deferred Rent

-

-

-

-

-

-

-19

-33

-19

-18

-18

Stock-Based Compensation Expense

7,955

3,995

3,287

3,464

5,234

2,759

4,798

12,381

6,164

3,566

1,213

Impairment of Other Current Assets

6,398

0

0

-

-

-

-

-

-

-

-

Impairment of Oil and Natural Gas Properties

-

-

-

237,012

1,163,959

0

0

-

-

-

-

Other

41

120

-32

-373

-1,696

0

0

-

-

-

-

Changes in Working Capital and Other Items:
Accounts Receivable, Net

11,542

49,122

9,717

-15,604

-27,701

-885

16,597

18,800

29,385

15,008

4,996

Prepaid and Other Expenses

-3,997

-19,397

750

691

-2

124

-28

-4

-17

-

-

Decrease in Other Receivables

-

-

-

-

-

-

-

-

-

-

-874

Increase in Prepaid Expenses

-

-

-

-

-

-

-

-

-

202

72

Increase in Other Current Assets

-

-

-

-

-

-

-

-

-

274

158

Accounts Payable

-16,928

-2,704

3,229

-365

-4,545

4,094

2,006

-63

2,486

42,080

4,484

Accrued Interest

-3,084

10,212

142

-90

590

-106

-245

2,081

98

-50

-

Accrued Liabilities

27,166

-3,517

254

-1,556

210

4,014

191

2,407

29

-263

-953

Payment of Contingent Consideration

37,131

0

0

-

-

-

-

-

-

-

-

Net Cash Provided by Operating Activities

339,750

244,262

72,967

-

-

-

-

-

85,149

73,307

9,812

Income Tax Payable/(Receivable)

-

-

-

1,402

0

0

-

-

-

-

-

Net Cash Provided By Operating Activities

-

-

-

101,891

247,015

274,257

222,774

198,526

-

-

-

CASH FLOWS FROM INVESTING ACTIVITIES
Drilling and Development Capital Expenditures

338,788

216,692

104,998

72,944

-

-

-

-

-

-

-

Acquisition of Oil and Natural Gas Properties

229,182

257,807

14,410

19,991

289,055

476,870

360,058

531,954

341,363

180,400

47,061

Advances to Operators

-

-

-

-

-

-

-

-

4,304

11,771

-

Advances to Operators

-

-

-

-

-

-

-

-

-

-

1,449

Proceeds from Sale of Oil and Natural Gas Properties

0

22

171

2,172

138

0

908

0

5,027

297

0

Proceeds from Sale of Other Property and Equipment

0

46

0

-

-

-

-

-

-

-

-

Purchases of Other Property and Equipment

1,158

88

3

-

-

-

-

-

-

-

-

Proceeds from Sale of Available for Sale Securities

-

-

-

-

-

-

-

-

58,606

34,699

800

Proceeds from Sale of Other Property and Equipment

-

-

-

14

72

0

1,003

39

0

0

-

Purchase of Available for Sale Securities

-

-

-

-

-

-

-

-

18,381

48,679

24,106

Purchases of Other Property and Equipment

-

-

-

214

90

169

389

256

450

2,039

31

Net Cash Used for Investing Activities

-569,128

-474,519

-119,240

-

-

-

-

-

-300,867

-207,893

-71,848

Net Cash Used For Investing Activities

-

-

-

-90,964

-288,935

-477,039

-358,536

-532,172

-

-

-

CASH FLOWS FROM FINANCING ACTIVITIES
Advances on Revolving Credit Facility

953,000

190,000

36,000

63,000

150,000

253,000

133,000

-

-

-

29,750

Advances on Revolving Credit Facility

-

-

-

-

-

-

-

475,600

79,900

5,300

-

Repayments on Revolving Credit Facility

513,000

50,000

180,000

69,000

298,000

30,000

182,000

421,500

10,000

5,300

29,750

Borrowings on Term Loan Credit Agreement

0

60,000

300,000

0

0

-

-

-

-

-

-

Issuances of 8% Senior Notes Due 2020

-

-

-

-

-

-

-

-

-

0

-

Repayments on Term Loan Credit Agreement

0

420,105

0

0

-

-

-

-

-

834

816

Issuance of Second Lien Notes

0

364,369

0

0

190,000

0

210,500

300,000

0

-

-

Repurchases of Second Lien Notes

227,470

0

0

-

-

-

-

-

-

-

-

Repayments of Senior Unsecured Notes

0

104,215

0

0

-

-

-

-

-

-

-

Decrease in Subordinated Notes, net

-

-

-

-

-

-

-

-

-

-500

500

Debt Issuance Costs Paid

12,219

26,648

13,362

428

5,687

434

7,072

11,854

449

395

1,190

Debt Exchange Derivative Settlements

1,044

1,769

0

0

-

-

-

-

-

-

-

Contingent Consideration Settlements

11,278

0

0

-

-

-

-

-

-

-

-

Proceeds from Exercise of Warrants

-

-

-

-

-

-

-

-

1,500

0

0

Issuance of Common Stock

0

141,674

0

0

-

-

-

-

-

282,193

68,994

Repurchases of Common Stock

15,108

22,195

0

0

-

16,132

26,366

1,546

1,081

0

0

Issuance of Preferred Stock

70,868

0

0

-

-

-

-

-

-

-

-

Restricted Stock Surrenders - Tax Obligations

660

680

668

1,403

339

-

-

-

-

-

-

Proceeds from Exercise of Stock Options

-

-

-

-

-

-

-

54

18

0

0

Net Cash Provided By (Used For) Financing Activities

-

-

-

-7,831

35,972

206,432

128,061

340,754

-

-

-

Net Cash Used for Financing Activities

243,088

130,431

141,970

-

-

-

-

-

69,887

280,463

67,488

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

13,710

-99,825

95,697

-

-

-

-

-

-

-

-

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-

-

-

3,095

-5,947

3,650

-7,700

7,108

-145,831

145,877

5,452

Cash Paid During the Period for Interest

-

-

-

-

55,209

44,913

35,761

15,579

286

169

624

Cash Paid During the Period for Income Taxes

-

-

-

-

3,258

0

13

8

0

0

0

Oil and Natural Gas Properties Included in Accounts Payable

-

-

-

-

59,520

221,278

162,884

91,776

-

-

-

Purchase of Oil and Gas Properties through Issuance of Common Stock

-

-

-

-

-

-

-

-

106,024

12,679

-

Purchase of Oil and Gas Properties through Issuance of Common Stock

-

-

-

-

-

-

-

-

-

-

1,115

Payment of Compensation through Issuance of Common Stock

-

-

-

-

-

-

-

-

-

8,733

1,213

Capitalized Asset Retirement Obligations

-

-

-

-

421

952

1,852

539

401

232

137

Cashless Exercise of Stock Options

-

-

-

-

-

-

-

-

-

-

518

Fair Value of Warrants Issued for Debt Issuance Costs

-

-

-

-

-

-

-

-

-

-

221

Non-Cash Compensation Capitalized on Oil and Gas Properties

-

-

-

-

1,330

660

2,143

6,378

13,114

5,167

1,226

Payment of Debt Issuance Costs through Issuance of Common Stock

-

-

-

-

-

-

-

-

-

-

475

Commodity Contract
Gain (Loss) On Derivative Instruments

-

-

-

-76,346

-

-

-

-

-

-

-

Debt Exchange Derivative
Gain (Loss) On Derivative Instruments

-

-

-

0

-

-

-

-

-

-

-