NORTHERN OIL AND GAS, INC. NOG Cash Flow

Northern oil and gas, inc. (NOG)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Net Income (Loss)
368,286	-107,937	94,381	44,400	-107,162	218,292	18,979	-96,547	2,965	-23,848	-16,087	13,801	16,940	-12,330	-45,618	-108,978	-126,565	-172,313	-323,242	-250,060	-229,738	103,583	57,985	-4,412	6,589	17,400	1,702	25,011	8,951	19,552	300	43,626	8,805	-1,380	28,617	20,432	-7,057
CASH FLOWS FROM OPERATING ACTIVITIES
Adjustments to Reconcile Net Income (Loss) to Net Cash Provided by Operating Activities:
Depletion, Depreciation, Amortization and Accretion
61,809	-	-	-	45,134	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depletion, Depreciation, Amortization and Accretion
-	-	-	-	-	-	30,258	22,596	18,631	-	15,357	13,682	12,828	-	13,698	16,176	17,846	-	31,670	36,745	45,213	-	45,646	42,212	36,100	-	32,103	26,559	26,792	-	-	-	-	-	-	-	-
Depletion of Oil and Gas Properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,519	18,309	-	10,749	8,349	6,863
Depreciation and Amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	102	97	-	75	70	68
Amortization of Debt Issuance Costs
1,461	1,359	1,332	1,315	1,301	1,375	1,137	1,272	1,363	1,232	979	966	943	920	943	928	1,007	1,021	1,020	932	722	722	709	709	634	757	706	654	506	502	492	383	148	143	106	90	89
Write-off of Debt Issuance Costs
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,089	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on Extinguishment of Debt
-5,527	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of Bond Premium on Long-term Debt
-321	-540	-667	-752	-746	-761	25	56	117	128	128	122	117	128	128	122	122	128	128	-132	-371	-371	-371	-371	-371	-371	-371	-216	0	-	-	-	-	-	-	-	-
Accretion of Discount on Asset Retirement Obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	15	-	7	7	4
Deferred Income Taxes
210	-	-	-	0	-	-	-	0	-785	0	0	0	0	0	0	0	0	0	-66,870	-135,480	59,707	35,050	-2,750	4,100	10,505	1,028	14,630	5,600	8,114	210	28,840	5,820	1,110	17,173	13,060	-4,510
(Gain) Loss of Derivative Instruments
344,398	-	-	-	-152,169	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (Gain) Loss on Sale of Available for Sale Securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-244	459
Unrealized (Gain) Loss on Derivative Instruments
-	-	-	-	-	280,195	-30,226	-29,936	-12,141	-33,613	-16,058	14,172	17,056	-18,211	-5,645	-30,506	-21,983	-29,599	8,408	-53,193	-14,331	145,842	68,600	-35,307	-7,859	5,995	-29,353	17,009	-14,910	-2,978	-22,308	49,799	-9,364	-23,602	27,105	20,848	-21,278
Gain on Debt Exchange Derivative
0	0	-23	-4,874	6,287	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on Contingent Consideration
0	-879	-5,262	-24,763	1,392	-28,968	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
PIK Interest on Second Lien Notes
0	0	0	0	1,742	2,599	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of Deferred Rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of Deferred Rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4	0	-3	-	-3	-3	-3	-3	-8	-3	-3	-8	-8	-8	-8	-5	-4	-4	-4
Stock-Based Compensation Expense
1,079	3,675	-114	1,643	2,751	1,903	1,512	1,400	-820	-1,978	3,768	883	613	956	-792	1,558	1,741	2,322	967	248	1,695	736	889	574	557	1,251	1,239	1,185	1,122	1,086	6,998	2,091	2,204	612	2,188	1,505	1,858
Impairment of Oil and Natural Gas Properties
-	-	-	-	-	-	-	-	-	-	-	-	-	0	43,820	88,880	104,311	167,143	354,415	281,971	360,428	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other
57	0	10	10	21	8	8	64	40	15	-21	93	-118	68	-103	-57	-282	-720	-174	-801	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in Working Capital and Other Items:
Accounts Receivable, Net
-10,789	4,953	15,434	-2,906	-5,939	5,781	22,109	16,894	4,338	7,577	1,995	2,039	-1,894	2,983	-7,702	10,853	-21,740	-33,063	8,887	3,814	-7,340	-2,643	-2,349	8,723	-4,615	-5,384	22,629	-6,319	5,670	-9,105	13,261	4,697	9,946	6,857	8,975	8,558	4,993
Prepaid and Other Expenses
251	-2,323	-234	-1,262	-178	-22,613	-35	2,528	723	55	-627	433	888	383	-50	485	-127	22	-629	272	333	-897	57	671	292	87	-640	332	192	-	-	-	-	-	-	-	-
Increase in Prepaid Expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	508	-	-61	122	50
Increase in Other Current Assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	72	-	79	-542	277
Accounts Payable
-1,514	-17,986	-4,882	157	5,783	-7,053	-7,078	9,537	1,890	-80	1,627	43	1,639	508	-779	-324	230	-94	53	-201	-4,302	1,288	-4,054	2,720	4,139	-4,019	5,357	956	-287	660	-1,011	-3,112	3,400	3,515	-8,944	27,885	-19,968
Accrued Interest
-2,290	-5,897	2,495	-108	426	4,084	6,102	-13,955	13,981	-13,829	13,993	-13,969	13,948	-13,926	13,928	-13,933	13,839	-14,417	13,720	-8,129	9,417	-9,123	9,018	-8,985	8,984	-9,519	8,121	-4,865	6,018	-6,842	6,022	2,640	260	-	-	-	-
Accrued Liabilities
327	20,250	6,234	1,589	-907	-3,565	7,239	-7,545	354	-860	1,358	1,139	-1,382	936	374	-404	-2,463	898	875	421	-1,985	1,723	1,919	536	-165	-847	1,239	1,190	-1,391	-310	925	1,070	721	29	0	0	-0
Net Cash Provided by Operating Activities
100,654	70,427	71,023	99,392	98,908	117,846	62,799	18,096	45,521	7,385	35,837	27	29,716	-	-	-	-	-	-	-	-	-	-	-	-	-	58,482	54,079	56,356	-	51,135	46,948	38,613	35,763	13,891	42,655	-7,160
Asset Retirement Obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8	57	-78	-	2	-2	-57	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net Cash Provided By Operating Activities
-	-	-	-	-	-	-	-	-	-	-	-	-	4,172	39,195	3,308	55,214	72,194	63,122	44,822	66,876	64,886	80,480	56,142	72,747	-	-	-	-	-	-	-	-	-	-	-	-
CASH FLOWS FROM INVESTING ACTIVITIES
Drilling and Development Capital Expenditures
78,962	132,482	66,214	70,306	69,786	52,108	53,864	57,827	52,893	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of Oil and Natural Gas Properties
-	-	-	-	-	-	76,512	43,868	5,107	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of Oil and Natural Gas Properties
25,537	-	-	-	8,122	-	-	-	-	14,410	-40,360	20,089	20,271	-46,939	28,499	18,363	20,067	55,690	45,052	77,763	110,547	131,601	116,418	109,664	119,186	90,667	82,148	110,357	76,884	112,267	135,818	138,892	144,975	101,601	85,387	95,207	59,167
Advances to Operators
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,485	12,260	4,654	-2,125
Proceeds from Sale of Oil and Natural Gas Properties
-	-	-	-	-	-	-	-	-	-	-	-	-	1,216	955	-10	10	-22	0	0	160	0	0	0	0	0	0	0	908	0	0	0	0	-	-	-	-
Purchases of Other Property and Equipment
0	-	-	-	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Sale of Available for Sale Securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	25,656	32,949
Purchase of Available for Sale Securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	18,381
Purchases of Other Property and Equipment
-	-	-	-	-	-	35	30	22	-	3	0	0	-	-	-	-	69	5	6	9	88	14	51	14	133	166	14	74	71	12	41	130	269	107	53	20
Net Cash Used for Investing Activities
-104,500	-151,180	-226,807	-113,228	-77,913	-164,429	-150,411	-101,657	-58,022	-43,793	-32,869	-22,305	-20,271	-	-	-	-	-	-	-	-	-	-	-	-	-	-82,314	-110,372	-76,050	-	-135,830	-138,934	-145,106	-91,386	-97,755	-64,981	-46,744
Net Cash Used For Investing Activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-24,929	-27,602	-18,373	-20,057	-55,711	-45,058	-77,769	-110,396	-131,690	-116,433	-109,715	-119,200	-	-	-	-	-	-	-	-	-	-	-	-
CASH FLOWS FROM FINANCING ACTIVITIES
Advances on Revolving Credit Facility
25,000	-	-	-	53,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advances on Revolving Credit Facility
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	30,000	60,000	50,000	-	40,000	60,000	63,000	-	45,000	36,000	22,000	66,000	87,000	60,000	262,600	58,900	21,000	0	0
Repayments on Revolving Credit Facility
15,000	387,000	36,000	44,000	46,000	50,000	0	0	0	161,000	6,000	3,000	10,000	10,000	15,000	11,000	33,000	30,000	48,000	210,000	10,000	20,000	10,000	0	0	0	0	175,000	7,000	10,000	19,000	237,500	155,000	-	-	-	-
Repayments on Term Loan Credit Agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,000	0	0
Repurchases of Second Lien Notes
13,277	216,982	0	10,488	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt Issuance Costs Paid
37	11,891	208	50	70	19,810	281	6,536	21	13,064	0	297	0	-	-	-	-	-	-	-	-	0	200	9	225	49	1,265	5,573	184	3	259	9,194	2,396	200	249	0	0
Debt Exchange Derivative Settlements
0	0	150	0	894	1,769	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contingent Consideration Settlements
0	0	-1,250	2,750	9,778	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Exercise of Warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,500
Repurchases of Common Stock
0	0	0	0	15,108	22,195	0	0	0	-546	0	134	412	-1,327	-58	227	1,158	-	12	115	76	1,908	49	274	13,900	188	26,129	20	27	372	0	0	1,173	1,081	0	0	0
Restricted Stock Surrenders - Tax Obligations
396	76	0	26	558	265	66	161	188	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Exercise of Stock Options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	18	18	18	18	0	0	0
Net Cash Provided By (Used For) Financing Activities
-	-	-	-	-	-	-	-	-	-	-	-	-	23,924	-11,941	14,344	-34,158	-20,135	-18,133	34,318	39,923	68,091	29,750	59,715	48,874	-	-	-	-	-	-	-	-	-	-	-	-
Net Cash Used for Financing Activities
-3,710	94,919	154,892	12,686	-19,409	-64,026	-347	195,014	-210	131,814	0	20,567	-10,412	-	-	-	-	-	-	-	-	-	-	-	-	-	17,605	65,905	14,788	-	67,758	113,323	104,048	53,636	14,750	0	1,500
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
-7,555	14,166	-892	-1,150	1,586	-110,608	-87,958	111,451	-12,710	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
-	-	-	-	-	-	-	-	-	-	2,967	-1,709	-967	3,167	-348	-721	997	-3,651	-69	1,370	-3,596	1,288	-6,203	6,143	2,421	-6,181	-6,226	9,613	-4,905	5,153	-16,937	21,336	-2,444	-1,986	-69,113	-22,325	-52,405
Cash Paid During the Period for Interest
-	-	-	-	-	-	-	-	-	-	-	-	1,280	-	1,133	29,064	1,121	29,796	1,295	22,055	2,062	21,712	1,372	21,114	714	20,564	950	13,473	772	13,352	304	1,171	750	268	17	0	0
Cash Paid During the Period for Income Taxes
-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-45	0	3	3,300	0	0	0	0	0	0	0	13	0	3	0	5	-2	2	-2	2
Oil and Natural Gas Properties Included in Accounts Payable
-	-	-	-	-	-	-	-	-	-	-	-	57,107	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil and Natural Gas Properties Included in Accounts Payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	56,831	-33,441	-17,060	-45,525	155,548	10,084	6,241	46,525	158,428	26,487	32,722	-11,129	114,803	-27,097	-19,791	31,310	107,354	-	-	-	-
Payment of Compensation through Issuance of Common Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,548	5,763	-	5,164	4,852	7,374
Capitalized Asset Retirement Obligations
-	-	-	-	-	-	-	-	-	-	-	-	127	-	39	19	121	56	58	151	154	212	331	316	91	1,376	210	104	161	126	110	161	140	141	59	114	85
Non-Cash Compensation Capitalized on Oil and Gas Properties
-	-	-	-	-	-	-	-	-	-	-	-	74	-	89	354	437	865	154	177	134	138	27	341	152	499	596	616	430	544	-180	2,456	3,558	2,805	1,444	3,347	5,516
Commodity Contract
Gain (Loss) On Derivative Instruments
-	-	-	-	-	-	-	-	-12,141	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt Exchange Derivative
Gain (Loss) On Derivative Instruments
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-