Parsley energy, inc. (PE)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss

-3,736,096

-36,173

139,600

134,994

-28,003

65,399

134,149

140,958

105,463

44,997

-15,161

55,794

38,290

-34,097

-1,641

-27,488

-25,691

-25,936

2,643

-26,180

-23,558

65,969

26,254

-37,484

1,983

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

274,680

210,717

211,737

198,563

173,723

160,754

157,352

145,552

121,199

105,143

94,819

83,315

68,970

62,653

65,741

55,988

49,384

50,408

46,085

44,407

37,381

35,089

20,370

20,446

18,392

Exploration costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,112

39

1,716

-

-

-

-

Leasehold abandonments and impairments

556,500

65,125

11,900

0

22,200

142,534

10,000

3,100

5,200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of oil and gas properties

4,400,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of asset retirement obligations

435

394

373

353

345

348

361

359

354

374

268

193

136

157

190

215

170

169

187

221

249

158

145

117

92

Loss on early extinguishment of debt

-21,388

-

-

-

0

-

-

-

-

0

0

0

-3,891

-36,335

0

0

0

-

-

-

-

-

-

-

-

Interest not paid in cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

234

Stock-based compensation

11,140

5,209

5,175

4,976

5,322

4,759

4,686

5,363

5,069

4,989

5,170

5,251

4,209

3,405

3,316

3,391

2,759

2,278

2,102

2,112

1,641

-

-

-

529

Amortization and write off of deferred loan origination costs

-

-

-

-

-

-

-

-

-

-

-1,023

-1,020

-783

-897

-908

-797

-588

-577

-559

-458

-1,108

-

-

-

727

Amortization of bond premium

-

-

-

-

-

-

-

-

-

-129

-129

-129

-129

-257

-234

-192

-191

-191

-191

-191

-191

-

-

-

-

Income from equity investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-178

119

Deferred income tax benefit

-570,963

1,649

34,953

32,625

-7,790

16,453

32,454

33,243

23,325

-19,786

-4,938

12,074

18,402

4,183

-1,279

-10,918

-9,568

-8,908

557

-10,216

-5,474

24,757

9,372

1,794

545

Change in TRA liability

-70,529

0

0

0

0

355

0

0

82

-56,396

0

0

20,549

-7,351

0

0

0

-

-

-

-

-

-

-

-

Gain on sale of property

10

208

1,887

0

0

16

1,383

5,166

-111

-14,332

0

0

0

0

0

-469

350

-

-

-

-

-

-

-

-

(Gain) loss on derivatives

545,692

-87,638

56,552

19,561

-119,687

93,115

-22,514

-9,466

-10,793

-72,310

-61,955

43,514

24,616

-26,993

1,374

-27,304

2,088

37,119

34,290

-17,733

7,142

92,120

11,767

-14,353

-5,676

Net cash received (paid) for derivative settlements

-16,902

-3,066

-2,023

10,039

5,072

-6,185

-7,305

5,308

1,903

-2,327

-11,730

-3,303

1,188

-3,686

-3,545

-3,145

-21,988

-11,713

-10,787

-8,071

-13,196

-2,518

-547

-266

20

Net cash received (paid) for option premiums

-17,995

10,921

11,712

13,169

10,440

7,557

13,757

12,824

13,506

8,521

6,624

-3,010

16,291

8,064

9,284

-7,502

488

-14,950

-8,308

0

-17,398

-24,237

-322

37,410

-13,044

Other

-3,269

-3,888

-3,517

-567

-1,056

-4,387

-1,374

-905

-1,096

-5,745

-105

-143

-118

5,920

-349

-5,595

-82

-

-

-

-

-

-

-

-

Net cash paid to margin account

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

322

4

-528

Changes in operating assets and liabilities, net of acquisitions:
Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

597

551

468

-

-

-

-

-

-

-

-

Accounts receivable

-145,516

20,426

30,727

-24,572

37,989

-32,133

2,096

-221

43,214

40,446

32,218

15,550

7,025

12,479

-29,226

38,138

14,383

-7,653

2,701

-14,604

-4,547

-14,146

-14,461

-48,341

31,576

Accounts receivable—related parties

5,729

-198

-511

-1,312

2,110

-54

-93

-70

-77

181

-9

29

-103

-41

-404

-512

857

-197

-512

-1,144

-1,822

-

-

-

721

Materials and supplies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-4,342

575

-248

150

384

403

Other current assets

3,601

1,372

2,183

-5,807

-1,438

-7

-30,723

35,254

-3,835

-278

1,179

-131,778

85,460

859

-601

24,929

14,108

13,770

4,749

4,276

-2

2,601

-3,298

-698

-834

Other noncurrent assets

-91

-798

-531

-2,503

3,308

-286

68

-317

635

-203

-103

-60

902

-66

-200

-135

-347

-349

312

528

97

-

-

-

-

Accounts payable and accrued expenses

-129,560

16,163

14,838

33,528

-15,063

-5,431

24,249

-26,786

-5,427

28,550

41,770

34,996

17,676

-7,271

15,780

8,499

3,889

9,747

-1,604

7,721

-22,865

24,878

-33,870

-48,338

25,209

Revenue and severance taxes payable

25,873

19,148

3,277

5,792

-926

-8,419

944

9,766

15,057

13,978

8,514

8,610

9,363

11,526

12,330

10,011

-1,524

312

-937

29

-661

-950

3,115

6,845

937

Other noncurrent liabilities

69

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-1

0

0

-374

-

-

-

-

Net cash provided by operating activities

385,943

344,979

325,418

402,823

213,059

319,097

408,896

264,026

226,955

198,329

165,217

285,179

42,025

55,140

123,397

31,900

19,905

61,810

31,853

60,640

17,987

115,990

20,507

43,608

9,985

CASH FLOWS FROM INVESTING ACTIVITIES:
Development of oil and natural gas properties

281,871

291,913

343,988

384,544

352,650

422,918

510,527

443,155

411,073

356,077

371,437

200,739

161,003

120,726

132,312

130,141

122,623

100,379

74,257

89,984

117,930

167,878

115,462

101,569

92,772

Acquisitions of oil and natural gas properties

7,411

18,179

9,250

10,745

13,846

40,270

40,688

28,567

27,447

60,732

43,075

1,499,000

589,286

481,320

316,146

339,892

208,832

8,886

35,167

8,032

21,722

139,684

290,555

304,714

27,291

Cash acquired from the Jagged Peak acquisition

53,347

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to other property and equipment

2,146

-5,240

244

16,805

11,106

30,915

14,495

19,799

28,248

22,949

12,427

8,892

10,628

12,556

14,331

3,483

3,004

65

3,563

11,560

4,567

4,946

1,626

595

757

Proceeds from sales of property, plant and equipment

265

359

3,074

20,407

17,486

145,693

45,401

-675

43,228

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of oil and natural gas properties

-

-

-

-

-

-

-

-

-

-

-

13,557

0

-

-

-

-

-

-

-

-

-

-

-

-

Other

1,142

-684

-732

-3,680

-809

-27,431

21,361

-34,669

-349

4,762

-3,523

630

0

-

-

-

-

-

-

0

925

-

-

-

-

Net cash used in investing activities

-238,958

-303,809

-349,676

-388,007

-359,307

-320,979

-441,966

-407,900

-423,191

-576,632

-423,607

-1,695,704

-760,917

-614,602

-462,789

-473,516

-334,459

-69,622

-101,605

-110,794

-145,144

-312,336

-407,643

-406,878

-120,820

CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings under long-term debt

1,140,000

155,000

110,000

232,000

120,000

0

0

0

0

700,000

300

980

451,500

653,500

204,000

200,000

0

-

-

-

-

119,508

1

356,084

470,547

Payments on long-term debt

1,223,752

170,000

135,000

192,000

120,000

685

742

767

694

6,359

999

1,083

66,328

521,131

310

267

236

284

105,184

162

120,164

4,985

2,910

330,072

367,906

Payments on financing lease obligations

639

620

696

754

676

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

6,407

0

0

0

0

2

0

13

32

8,090

75

2,926

6,280

9,139

4,397

4,560

1

-

-

-

-

386

0

3,360

8,801

Proceeds from issuance of common stock, net

-

-

-

-

-

-

-

-

-

0

-183

41

2,123,486

0

270,928

659,351

36

228,418

216,998

-5

224,007

-

-

-

-

Repurchase of common stock

11,049

7

20

343

5,309

73

70

4,406

6,465

54

163

25

112

0

0

194

19

-

-

-

-

-

-

-

-

Dividends and distributions paid

20,603

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distributions to owners from consolidated subsidiary

0

-

-

-

603

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of Capital Distribution

-

-

-

-

-

1,962

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-122,450

-25,091

-35,181

38,903

-6,588

-2,722

-812

-5,186

-7,191

685,497

-1,120

-3,013

2,502,266

123,230

470,130

854,330

-220

227,778

171,772

44,016

103,843

114,137

-3,624

884,391

93,840

Net increase (decrease) in cash, cash equivalents and restricted cash

24,535

16,079

-59,439

53,719

-152,836

-4,604

-33,882

-149,060

-203,427

307,194

-259,510

-1,413,538

1,783,374

-436,232

130,738

412,714

-314,774

219,966

102,020

-6,138

-23,314

-82,209

-390,760

521,121

-16,995

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest

38,049

57,613

13,610

27,671

30,493

33,276

30,345

34,592

29,455

13,605

34,463

12,639

2,463

22,604

21,668

30

21,211

687

21,296

748

21,262

1,227

21,813

852

3,360

Cash received (paid) for income taxes

0

-542

0

0

240

0

0

0

0

0

150

0

200

0

0

0

315

-

-

-

-

-

-

-

-

SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:
Asset retirement obligations incurred, including changes in estimate

3,556

-5,706

411

989

219

446

725

581

359

7,284

60

4,583

3,501

-5,522

133

-1,932

675

240

954

2,174

73

1,799

2,419

2,385

895

Additions to oil and natural gas properties - change in capital accruals

96,893

-15,605

-25,695

-12,530

53,654

-6,211

-66,213

33,956

13,013

61,131

-64,649

94,200

27,463

36,838

-40,388

5,973

-12,254

-16,532

46,072

-15,042

3,802

-36,076

48,297

21,154

-19,717

Common stock issued for oil and natural gas properties

1,776,199

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to other property and equipment funded by capital lease borrowings

-

-

-

-

-

-

-

-

-

-

1,071

1,619

881

1,241

1,012

421

84

-

-

-

-

-

-

-

-

Net premiums on options that settled during the period

-13,004

-11,765

-11,765

-10,232

-9,516

-19,115

-17,853

-18,072

-16,526

-14,699

-12,487

-5,063

-4,854

5,576

5,216

10,551

10,414

4,276

5,085

2,181

-136

3,133

-2,346

-1,835

-1,260