PIONEER NATURAL RESOURCES CO PXD Cash Flow

Pioneer natural resources co (PXD)

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	Dec'10	Sep'10	Jun'10	Mar'10	Jun'09	Jun'08
Cash flows from operating activities:
Net income
289,000	344,000	231,000	-169,000	350,000	323,000	411,000	63,000	178,000	665,000	-23,000	233,000	-42,000	-43,000	22,000	-268,000	-267,000	-	646,000	-218,000	-78,000	431,000	375,000	1,000	123,000	-1,358,000	99,000	351,000	109,000	39,880	21,699	-39,537	220,958	-113,188	385,598	265,700	343,804	82,127	114,573	188,689	260,606	-92,114	162,921
Adjustments to reconcile net income to net cash provided by operating activities:
Depletion, depreciation and amortization
434,000	440,000	438,000	412,000	421,000	404,000	395,000	378,000	357,000	367,000	355,000	341,000	337,000	357,000	386,000	384,000	353,000	382,000	364,000	329,000	310,000	313,000	274,000	243,000	217,000	239,000	213,000	225,000	212,000	99,263	207,398	200,921	181,418	102,259	128,975	131,664	126,681	64,023	147,096	144,309	144,428	165,943	112,251
Impairment of oil and gas properties
-	-	-	-	-	-	-	-	-	0	0	0	285,000	0	0	0	32,000	846,000	72,000	0	138,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Impairment of inventory and other property and equipment
0	4,000	3,000	-1,000	32,000	2,000	3,000	6,000	0	-	-	-	-	2,000	1,000	1,000	4,000	65,000	12,000	3,000	6,000	1,000	3,000	4,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Exploration expenses, including dry holes
2,000	2,000	2,000	3,000	1,000	15,000	3,000	4,000	5,000	3,000	1,000	8,000	10,000	1,000	1,000	0	40,000	6,000	7,000	10,000	5,000	79,000	1,000	3,000	7,000	11,000	9,000	1,000	0	-21,574	12,844	12,567	27,163	27,301	953	2,794	1,481	116,117	8,682	4,386	3,587	9,705	1,034
Hurricane activity, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,000	0
Deferred income taxes
76,000	109,000	71,000	-47,000	103,000	88,000	117,000	19,000	50,000	-598,000	-11,000	121,000	-31,000	-39,000	-56,000	-143,000	-141,000	-324,000	307,000	-124,000	-37,000	237,000	250,000	26,000	39,000	-500,000	57,000	175,000	44,000	207,820	18,889	-48,580	105,871	-89,327	183,320	137,642	-50,305	-23,520	62,931	78,807	141,545	-41,761	108,937
Loss on disposition of assets, net
0	0	21,000	-489,000	-9,000	64,000	143,000	79,000	4,000	3,000	0	194,000	11,000	-2,000	1,000	1,000	2,000	0	779,000	2,000	1,000	-2,000	1,000	4,000	6,000	3,000	-1,000	183,000	24,000	-11,584	12,848	1,140	43,596	-2,205	1,048	-296	-2,191	-7,897	2,383	7,645	16,943	53	3,901
Accretion of discount on asset retirement obligations
2,000	3,000	2,000	2,000	3,000	3,000	3,000	4,000	4,000	5,000	4,000	5,000	5,000	4,000	5,000	4,000	5,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	3,000	629	2,497	2,444	2,430	1,576	1,838	2,048	2,044	36	2,521	2,529	2,859	2,753	1,961
Adjustment Income Loss From Discontinued Operations Net Of Tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,000	0	3,000	-4,000	-68,000	-76,000	-103,000	-519,000	-54,000	-25,000	-35,000	-539,245	22,842	-2,020	-1,577	-106,440	-19,101	-8,821	399,689	-33,819	-1,876	-63,021	21,558	-312	-6,181
Interest expense
5,000	5,000	1,000	2,000	1,000	1,000	2,000	1,000	1,000	1,000	2,000	1,000	1,000	2,000	2,000	4,000	5,000	4,000	5,000	4,000	5,000	4,000	4,000	5,000	4,000	4,000	4,000	4,000	5,000	9,188	8,660	8,282	9,870	8,071	7,980	7,795	7,637	7,905	7,647	7,512	7,408	6,921	7,797
Derivative related activity
412,000	-129,000	96,000	37,000	-17,000	577,000	48,000	-219,000	-136,000	-265,000	-160,000	110,000	141,000	-223,000	-93,000	-360,000	-175,000	-19,000	334,000	-347,000	35,000	570,000	337,000	-212,000	-86,000	-42,000	-136,000	110,000	-96,000	24,088	-237,088	116,757	27,243	-47,847	326,126	220,303	-276,683	-129,578	107,300	160,216	281,871	-159,520	-7,851
Amortization of stock-based compensation
16,000	19,000	19,000	38,000	24,000	22,000	22,000	24,000	17,000	18,000	18,000	21,000	22,000	23,000	22,000	23,000	21,000	20,000	23,000	25,000	22,000	21,000	20,000	21,000	22,000	18,000	19,000	17,000	17,000	16,101	15,929	15,884	15,086	9,917	10,370	10,981	10,174	11,223	9,582	9,425	9,624	9,926	8,268
Investment in affiliate valuation adjustment
145,000	-	-193,000	345,000	-174,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
South Texas contingent consideration valuation adjustment
-63,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
South Texas deficiency fee obligation
69,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,506	-10,575	-10,460	-10,459	-11,331	-11,330	-11,207	-11,083	-22,477	-22,669	-22,587	-22,483	-36,975	-39,457
Other
31,000	9,000	7,000	27,000	62,000	482,000	131,000	23,000	22,000	27,000	18,000	15,000	25,000	20,000	16,000	17,000	17,000	32,000	19,000	-5,000	-1,000	-8,000	14,000	21,000	7,000	2,000	0	-12,000	4,000	-67,998	13,485	-2,003	9,516	-119	-12,687	-10,917	20,124	-14,662	-9,116	-921	-403	14,146	8,427
Change in operating assets and liabilities:
Accounts receivable
-479,000	180,000	64,000	-86,000	69,000	-181,000	19,000	33,000	181,000	-11,000	158,000	65,000	-92,000	77,000	13,000	84,000	-33,000	-28,000	23,000	47,000	-96,000	-48,000	18,000	22,000	37,000	34,000	56,000	-9,000	42,000	20,054	41,827	-54,544	20,663	12,079	11,647	-1,665	25,270	61,220	-1,497	-48,296	-48,080	-11,720	84,474
Income taxes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-23,000	22,000	1,000	-40,000	43,000	-22,000	0	-1,000	1,000	15,000	7,000	-5,000	-6,000	10,000	-1,000	-6,000	-2,632	7,180	2,859	-1,407	-818	-1,362	-27,225	-1	22,567	6,751	-2,176	-21,264	13,140	9,326
Inventories
-16,000	-35,000	-3,000	22,000	36,000	0	35,000	29,000	6,000	26,000	-2,000	-8,000	19,000	25,000	-5,000	12,000	0	-37,000	-15,000	10,000	34,000	10,000	19,000	-8,000	16,000	11,000	27,000	2,000	-1,000	-39,347	-26,971	2,291	31,027	21,440	41,825	44,817	29,319	19,822	18,938	4,950	-17,429	23,219	14,471
Prepaid expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	-4,000	5,000	-	13,000	-3,000	1,000	-6,000	-3,000	10,000	0	-7,772	-6,653	14,838	-1,413	-4,143	-2,432	11,332	-1,342	-5,101	-1,229	10,639	-435	16,147	-166
Investments
-	-	-	-	-	-	0	-1,000	-3,000	-	3,000	3,000	-4,000	21,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-21,000	18,000	-1,000	1,000	15,000	-4,000	-6,000	4,000	3,000	-1,000	5,000	-7,000	6,000	0	3,000	-3,000	3,000	-6,000	-2,000	1,000	7,000	1,000	-3,000	1,000	3,000	-2,000	1,000	-4,000	1,000	-6,102	-16,744	11,334	-2,488	6,563	252	-5,467	-3,305	16,432	-9,354	8,418	-1,226	-40,863	-5,191
Accounts payable
-284,000	-8,000	70,000	5,000	-74,000	16,000	87,000	227,000	-9,000	52,000	124,000	111,000	-153,000	66,000	52,000	109,000	-169,000	8,000	9,000	-25,000	-250,000	8,000	66,000	100,000	-70,000	25,000	193,000	48,000	-57,000	22,446	-7,026	11,254	19,326	52,664	77,431	96,181	-89,980	66,578	11,891	84,754	-34,296	4,062	32,744
Interest payable
-35,000	29,000	-29,000	29,000	-29,000	29,000	-29,000	16,000	-21,000	21,000	-21,000	20,000	-29,000	29,000	-46,000	36,000	-16,000	29,000	-26,000	42,000	-20,000	4,000	-26,000	26,000	-26,000	26,000	-25,000	23,000	-30,000	27,302	-16,384	21,999	-21,917	23,285	-23,411	23,424	-25,066	25,210	-20,225	20,328	-13,314	15,677	16,489
Income taxes payable
-	-	-	-	-	-	-	-	1,000	-	-	-	0	-	-	-	-	-	-	-	-	0	0	-8,000	9,000	0	-1,000	1,000	0	-434	-1,659	-24,848	16,941	-5,816	9,678	-26,839	15,354	2,700	5,777	-2,934	-1,536	5,554	18,922
Other liabilities
-92,000	-41,000	2,000	-30,000	-22,000	-11,000	-32,000	-17,000	5,000	-12,000	-9,000	-39,000	15,000	-8,000	-12,000	-9,000	-17,000	-6,000	-11,000	-6,000	-11,000	-8,000	-37,000	7,000	0	-5,000	-7,000	-5,000	-10,000	-8,243	-9,486	-4,830	-15,441	15,241	39,498	3,118	3,353	-18,645	-6,998	-5,103	-9,840	-14,786	-14,461
Net cash provided by operating activities
825,000	828,000	894,000	789,000	604,000	914,000	874,000	899,000	555,000	798,000	454,000	483,000	364,000	541,000	440,000	409,000	110,000	466,000	357,000	328,000	104,000	568,000	615,000	717,000	466,000	541,000	668,000	577,000	360,000	479,530	432,060	499,324	426,086	499,676	465,584	421,240	143,214	383,301	208,508	393,851	299,363	223,907	333,050
Cash flows from investing activities:
Proceeds from disposition of assets, net of cash sold
1,000	67,000	25,000	51,000	6,000	86,000	272,000	107,000	4,000	5,000	2,000	267,000	78,000	4,000	501,000	1,000	1,000	-3,000	549,000	3,000	4,000	22,000	486,000	283,000	86,000	26,000	10,000	629,000	46,000	3,527	29,528	4,431	58,514	-594	6,118	3,050	810,470	16,038	430	262,327	34,985	3,542	13,640
Payments for acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	6,763	45,809	37,048	-	-	-	-	-	-
Proceeds from investments
0	56,000	0	456,000	112,000	233,000	89,000	497,000	554,000	271,000	318,000	420,000	458,000	650,000	254,000	1,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of investments
-	-	-	-	-	51,000	136,000	388,000	94,000	54,000	100,000	435,000	315,000	441,000	805,000	581,000	914,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to oil and gas properties
639,000	608,000	870,000	769,000	741,000	1,025,000	907,000	770,000	818,000	662,000	629,000	641,000	433,000	470,000	416,000	500,000	471,000	537,000	490,000	425,000	658,000	984,000	897,000	698,000	664,000	652,000	599,000	691,000	697,000	685,200	647,993	746,468	678,339	607,834	561,983	447,174	309,974	297,428	252,512	304,973	156,529	77,623	319,341
Additions to other assets and other property and equipment
43,000	48,000	49,000	63,000	72,000	76,000	71,000	65,000	51,000	90,000	76,000	90,000	86,000	51,000	30,000	47,000	79,000	92,000	61,000	67,000	63,000	109,000	114,000	62,000	48,000	77,000	59,000	45,000	56,000	58,197	74,573	104,389	59,841	97,506	50,373	86,087	129,280	52,051	58,204	29,076	44,999	14,663	8,240
Net cash used in investing activities
-681,000	-533,000	-894,000	-325,000	-695,000	-833,000	-753,000	-619,000	-405,000	-530,000	-485,000	-479,000	-298,000	-307,000	-925,000	-1,126,000	-1,463,000	-632,000	-2,000	-489,000	-717,000	-1,071,000	-525,000	-477,000	-626,000	-678,000	-648,000	-107,000	-707,000	-739,911	-694,023	-1,142,400	-679,666	-705,934	-613,001	-576,020	334,168	-390,654	-325,829	-71,830	-166,543	-88,744	-313,941
Cash flows from financing activities:
Borrowing under credit facility
800,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	198,000	175,000	150,000	23,000	25,000	114,000	305,000	168,382	269,525	1,205,093	134,000	94,000	30,006	12,000	60,610	92,558	16,787	95,843	87,154	0	23,998
Principal payments on long-term debt
450,000	0	0	0	0	-	-	-	-	0	0	0	485,000	0	455,000	0	0	-	-	-	-	0	198,000	225,000	100,000	224,000	0	311,000	1,012,000	16,000	0	547,000	49,000	159,000	20,073	10,000	105,810	36,358	14,787	217,843	206,264	102,000	186,998
Payments of other liabilities
-146,000	-4,000	-8,000	-1,000	-1,000	-15,000	-1,000	-7,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,000	-	-	-	0	-106	-150	-1,202	458	-398	-198	-285	-20	-661	-343	-23,143	2,818	-364	19,145
Proceeds from issuance of common stock, net of issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	937,000	1,597,000	0	0	0	0	-	-	-	-	0	0	0	1,281,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of partnership common units, net of issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	165,978
Contributions from noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,151	-	-
Distributions to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,000	9,000	9,000	9,000	9,030	9,014	8,999	8,957	6,758	6,578	6,702	6,664	6,677	6,709	6,846	6,605	5,060	0
Exercise of long-term incentive plan stock options and employee stock purchases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	6,000	3,000	4,000	0	6,000	3,000	1,000	-72	6,064	0	1,008	6	3,328	25	337	639	3,284	869	2,583	1,581	4,905
Purchases of treasury stock
122,000	26,000	203,000	202,000	222,000	128,000	0	6,000	45,000	0	0	0	36,000	1,000	1,000	0	23,000	0	0	1,000	30,000	1,000	0	2,000	31,000	0	1,000	0	19,000	6,323	360	188	56,129	29	1,108	3,536	35,682	263	374	424	12,978	280	562
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,000	5,000	1,000	5,000	10,000	2,000	2,000	5,000	7,000	5,000	1,000	26,670	13,785	4,607	12,938	2,964	186	-146	28,083	-4,185	-58	-2,615	6,705	-39	-1,741
Payments of financing fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,570	1,770	3,399	1,261	0	2	67	8,672	0	0	-2	147	4,475	1,031
Dividends paid
73,000	73,000	0	54,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,972	0	4,985	43	4,744	0	4,739	73	4,705	0	4,718	65	4,679	16,841
Net cash provided by (used in) financing activities
9,000	-103,000	-205,000	-257,000	-223,000	-175,000	6,000	-489,000	-45,000	-8,000	7,000	-7,000	-521,000	-7,000	-449,000	930,000	1,574,000	976,000	7,000	-3,000	-29,000	978,000	15,000	-52,000	24,000	-214,000	28,000	-204,000	548,000	155,979	278,080	643,927	33,014	533,177	5,561	-13,450	-67,891	40,348	-2,200	-158,875	-125,648	-115,316	6,853
Net increase (decrease) in cash, cash equivalents and restricted cash
153,000	192,000	-205,000	207,000	-314,000	-94,000	127,000	-209,000	105,000	260,000	-24,000	-3,000	-455,000	227,000	-934,000	213,000	221,000	810,000	362,000	-164,000	-642,000	475,000	105,000	188,000	-136,000	-351,000	48,000	266,000	201,000	-104,402	16,117	851	-220,566	326,919	-141,856	-168,230	409,491	32,995	-119,521	163,146	7,172	19,847	25,962