Penn virginia corp (PVAC)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Net cash provided by operating activities

-

-

-

-

-

-

-

-

77,759

158,214

137,187

Net cash used in investing activities

-

-

-

-

-

-

-

-

-18,112

-80,506

-318,865

Net cash used in provided by financing activities

-

-

-

-

-

-

-

-

-59,647

-77,708

181,678

Net cash provided by discontinued operations

-

-

-

-

-

-

-

-

0

0

0

Net increase (decrease) in cash and cash equivalents

-10,066

6,847

4,256

-

-17,222

5,824

10,138

-113,399

41,894

79,017

-4,024

Cash flows from operating activities
Net income (loss)

70,589

224,785

32,662

-

-409,592

-143,070

-104,589

-132,915

19,667

-77,368

181,520

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Non-cash reorganization items

0

-3,322

0

-

0

-29,174

-3,144

-22,456

0

-

-

Income from discontinued operations

-

-

-

-

-

-

-

-

36,832

64,130

104,215

Gain on sale of discontinued operations

-

-

-

-

-

-

-

-

86,662

-

-

Loss on firm transportation commitment

-

-

-

-

-

-

17,332

0

0

-

-

Depreciation, depletion and amortization

174,569

127,961

48,649

-

300,299

245,594

206,336

162,534

134,700

154,351

135,687

Impairments

-

-

-

-

791,809

132,224

104,484

104,688

45,959

106,415

19,963

Accretion of firm transportation obligation

-

-

-

-

-1,301

-1,674

-570

-

-

-

-

Derivative contracts:
Net (gains) losses

-68,131

37,427

-17,819

-

162,212

-20,852

36,187

15,651

41,906

28,033

29,745

Cash settlements, net

4,136

48,291

3,511

-

7,424

1,042

-29,723

-27,380

-32,818

58,147

7,620

Deferred income tax expense

3,373

2,994

-4,943

-

-135,227

-77,696

-68,676

-85,501

42,528

-83,222

58,551

Gain on sales of assets, net

5

-177

-36

-

120,769

-266

4,282

2,474

-61

1,910

31,426

Non-cash exploration expense

-

-

-

-

10,346

17,451

32,634

60,940

36,275

33,278

35,847

Non-cash interest expense

3,354

3,416

2,122

-

4,197

3,844

4,062

6,807

11,984

10,202

7,006

Share-based compensation

4,100

4,600

3,809

-

3,627

5,781

6,347

7,430

7,811

9,127

5,959

Other, net

-52

-44

-61

-

-94

-297

-434

-275

209

-683

-1,864

Changes in operating assets and liabilities:
Accounts receivable, net

5,079

23,674

43,318

-

20,169

105,023

-9,907

1,792

19,964

-33,266

-23,811

Income taxes receivable and payable, net

-

-

-

-

-

-

31,439

-2,815

2,627

-

-

Other current assets

-

-

-

-

-

-

-

-

-

-

19,879

Accounts payable and accrued expenses

4,690

21,109

28,542

-

27,362

129,670

9,710

-6,552

10,877

-20,066

-24,441

Changes in operating assets and liabilities, net

-574

258

218

-

918

-1,516

930

69

79,895

13,007

2,567

Net cash provided by operating activities

320,194

272,132

81,710

-

282,724

261,512

241,458

144,741

79,839

117,733

246,587

Cash flows from investing activities
Acquisitions, net

6,516

85,387

200,849

-

-

358,239

0

-

-

-

-

Receipts to settle working capital adjustments assumed in acquisition, net

-

-

-

-

-33,712

22,455

0

0

-

-

-

Proceeds from the sale of PVG units, net (Note 3)

-

-

-

-

-

-

-

-

139,120

-

-

Capital expenditures

362,743

430,592

115,687

-

774,139

504,203

370,907

445,623

405,994

205,676

547,058

Proceeds from sales of assets, net

215

7,683

869

-

313,933

-54

96,899

39,368

25,567

15,083

32,521

Other, net

-

-

-

-

0

-

-

-

-

-

-

Other, net

-

-

-

-

-

-

-

-100

-1,192

-11

-

Net cash used in investing activities

-369,044

-508,296

-315,667

-

-426,494

-884,951

-274,008

-406,155

-240,115

-

-514,537

Cash flows from financing activities
Proceeds from credit facility borrowings

76,400

244,000

59,000

-

412,000

297,000

211,000

114,000

0

87,000

273,000

Proceeds from the issuance of preferred stock, net

-

-

-

-

313,330

0

110,337

0

0

-

-

Payments to induce conversion of preferred stock

-

-

-

-

4,256

0

0

-

-

-

-

Repayment of credit facility borrowings

35,000

0

7,000

-

583,000

91,000

310,000

15,000

0

419,000

63,000

Proceeds from second lien note

0

0

196,000

-

-

-

-

-

-

-

-

Proceeds from the issuance of common stock, net

-

-

-

-

-

-

43,474

0

0

64,835

-

Proceeds from the issuance of senior notes

-

-

-

-

-

775,000

0

300,000

0

291,009

-

Retirement of senior notes

-

-

-

-

-

319,090

4,915

232,963

0

-

-

Repayments of short-term borrowings

-

-

-

-

-

-

-

-

-

7,542

-7,542

Debt issuance costs paid

2,616

989

9,787

-

151

25,634

2,032

8,854

0

14,959

-

Proceeds received from rights offering, net

0

0

55

-

0

-

-

-

-

-

-

Dividends paid on preferred stock

-

-

-

-

12,803

6,862

0

0

-

-

-

Net cash used in investing activities for continuing operations

-

-

-

-

-

-

-

-

-

-190,582

-

Dividends paid on common stock

-

-

-

-

-

-

5,176

10,316

10,271

9,836

9,398

Proceeds from the sale of PVG units, net (Note 3)

-

-

-

-

-

-

-

-

199,125

118,080

-

Distributions received from discontinued operations

-

-

-

-

-

-

-

-

11,218

42,279

44,018

Other, net

0

0

-55

-

1,428

-151

0

1,148

2,098

-

11,764

Net cash provided by financing activities

38,784

243,011

238,213

-

126,548

629,263

42,688

148,015

202,170

151,866

263,926

Supplemental disclosures:
Cash paid for:
Interest, net of amounts capitalized

32,398

22,599

4,102

-

84,797

65,107

54,808

44,589

43,531

34,640

19,962

Income taxes, net of (refunds)

-2,471

0

0

-

3,612

0

-32,603

210

28,184

9,443

15,228

Reorganization items, net

79

540

954

-

0

-

-

-

-

-

-

Non-cash investing and financing activities:
Increase (Decrease) in Accounts Receivable, Acquisitions

-152

-27,107

-2,583

-

-

-

-

-

-

-

-

Increase (Decrease) in Other Assets, Acquisitions

0

-743

3,201

-

-

-

-

-

-

-

-

Increase (Decrease) in Accrued Liabilities, Acquisitions

-540

-11,182

-2,507

-

-

-

-

-

-

-

-

Common stock issued in exchange for liabilities

-

-

-

-

0

-

-

-

-

-

-

Changes in accrued liabilities related to capital expenditures

-3,602

44

19,910

-

24,715

6,356

-

-

-

-

-

Increase (Decrease) in ARO, Acquisitions

83

385

494

-

-

-

-

-

-

-

-

Derivatives settled to reduce outstanding debt

-

-

-

-

0

-

-

-

-

-

-

Other assets acquired related to acquisition

-

-

-

-

-

99,213

0

0

-

-

-

Other liabilities assumed related to acquisition

-

-

-

-

-

96,271

0

0

-

-

-

Common stock transferred as consideration for acquisition

-

-

-

-

-

42,300

0

0

-

-

-

Predecessor [Member]
Net increase (decrease) in cash and cash equivalents

-

-

-

5,703

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-1,582,961

-

-

-

-

-

-

-

Non-cash reorganization items

-

-

-

0

-

-

-

-

-

-

-

Depreciation, depletion and amortization

-

-

-

334,479

-

-

-

-

-

-

-

Accretion of firm transportation obligation

-

-

-

-942

-

-

-

-

-

-

-

Impairments

-

-

-

1,397,424

-

-

-

-

-

-

-

Net (gains) losses

-

-

-

71,247

-

-

-

-

-

-

-

Cash settlements, net

-

-

-

-138,169

-

-

-

-

-

-

-

Deferred income tax expense (benefit)

-

-

-

-4,712

-

-

-

-

-

-

-

Loss (gain) on sales of assets, net

-

-

-

41,335

-

-

-

-

-

-

-

Non-cash exploration expense

-

-

-

5,759

-

-

-

-

-

-

-

Non-cash interest expense

-

-

-

4,749

-

-

-

-

-

-

-

Share-based compensation (equity-classified)

-

-

-

4,540

-

-

-

-

-

-

-

Other, net

-

-

-

-13

-

-

-

-

-

-

-

Accounts receivable, net

-

-

-

-137,854

-

-

-

-

-

-

-

Accounts payable and accrued expenses

-

-

-

-152,553

-

-

-

-

-

-

-

Other assets and liabilities

-

-

-

1,818

-

-

-

-

-

-

-

Net cash provided by operating activities

-

-

-

169,303

-

-

-

-

-

-

-

Acquisitions, net

-

-

-

0

-

-

-

-

-

-

-

Capital expenditures

-

-

-

364,844

-

-

-

-

-

-

-

Proceeds from sales of assets, net

-

-

-

85,189

-

-

-

-

-

-

-

Other, net

-

-

-

0

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-279,655

-

-

-

-

-

-

-

Proceeds from credit facility borrowings

-

-

-

233,000

-

-

-

-

-

-

-

Repayment of credit facility borrowings

-

-

-

98,000

-

-

-

-

-

-

-

Proceeds from second line note

-

-

-

0

-

-

-

-

-

-

-

Debt issuance costs paid

-

-

-

744

-

-

-

-

-

-

-

Proceeds received from rights offering, net

-

-

-

0

-

-

-

-

-

-

-

Other, net

-

-

-

0

-

-

-

-

-

-

-

Dividends paid on preferred stock

-

-

-

18,201

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-

-

-

116,055

-

-

-

-

-

-

-

Cash paid for interest (net of amounts capitalized)

-

-

-

86,226

-

-

-

-

-

-

-

Cash paid for income taxes (net of refunds)

-

-

-

-714

-

-

-

-

-

-

-

Cash paid for reorganization items, net

-

-

-

0

-

-

-

-

-

-

-

Common stock issued in exchange for liabilities

-

-

-

0

-

-

-

-

-

-

-

Changes in accrued liabilities related to capital expenditures

-

-

-

55,660

-

-

-

-

-

-

-

Derivatives settled to reduce outstanding debt

-

-

-

0

-

-

-

-

-

-

-