QEP RESOURCES, INC. QEP Cash Flow

Qep resources, inc. (QEP)

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
OPERATING ACTIVITIES
Net income (loss)
367,400	-110,400	81,000	48,800	-116,700	-629,300	7,300	-336,000	-53,600	150,300	-3,300	45,400	76,900	-133,300	-50,900	-197,000	-863,800	-38,600	21,100	-76,300	-55,600	665,900	171,100	-92,300	39,700	-52,000	35,300	179,800	-3,700	-25,800	-2,100	200	156,000	700	102,400	93,500	73,800
Net income attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,000	6,800	5,000	5,800	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation, depletion and amortization
142,200	144,500	144,200	128,000	123,300	183,500	234,900	242,200	196,500	194,300	176,900	191,500	191,800	203,600	217,800	209,700	240,000	231,800	238,100	215,800	195,400	284,800	265,900	249,700	240,200	258,900	253,100	249,800	254,200	257,000	234,600	214,400	199,300	199,200	189,000	186,600	190,800
Deferred income taxes (benefit)
195,000	65,500	26,500	30,200	-117,900	-128,000	900	-106,400	-14,100	-383,300	1,300	21,600	45,600	-70,200	-21,200	-113,200	-446,700	2,600	52,100	-24,600	-4,800	-175,600	75,700	-4,900	20,700	26,800	-81,700	130,300	-9,300	-22,600	-22,400	8,000	69,100	900	60,200	55,700	40,000
Impairment
0	0	0	0	5,000	1,156,500	0	403,700	700	50,500	28,300	0	100	6,100	5,000	800	1,182,400	20,100	15,000	500	20,000	1,139,600	100	1,500	2,000	89,000	3,800	200	0	62,100	9,000	55,400	6,500	201,800	5,700	5,300	5,400
Dry hole exploratory well expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	100	-	0	-100	600
Non-cash share-based compensation
3,300	4,600	5,000	3,200	8,000	6,900	7,700	7,100	9,200	13,400	5,800	1,700	6,000	6,600	9,900	11,100	8,000	11,400	7,700	6,500	9,100	4,200	9,100	7,100	7,500	7,100	6,800	7,100	6,100	6,100	7,200	6,600	5,700	5,500	5,700	3,400	7,400
Amortization of debt issuance costs and discounts
1,300	1,400	1,300	1,400	1,300	1,400	1,400	1,300	1,300	1,400	1,700	1,600	1,500	1,600	1,600	1,600	1,600	1,500	1,400	1,400	1,900	1,600	1,700	1,700	1,700	1,700	1,600	1,600	1,500	1,600	1,300	1,300	1,100	1,700	900	700	800
Bargain purchase gain from acquisitions
-	-	-	-	-	-	-	-	-	800	0	0	-400	27,000	-4,400	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Oil and Gas Property
3,700	1,400	-2,100	17,800	-13,200	-1,700	27,100	-3,900	3,500	8,300	185,400	19,800	0	0	5,300	-800	500	-2,300	12,900	24,500	-30,500	1,855,100	-11,700	-201,000	2,400	-10,000	12,800	100,400	-200	-300	0	0	1,500	0	1,200	200	0
Gain (Loss) on Extinguishment of Debt
25,200	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized (gains) losses on marketable securities
-3,300	-	100	800	1,900	-	700	500	-100	-	700	600	800	-	700	300	200	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	600	1,200	1,200	2,200	2,100	800	1,600	1,300	1,200	2,300	1,400	1,900	1,000	2,300	1,300	900
Distributions from unconsolidated affiliates and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,300	-1,200	3,600	2,700	2,000	1,800	2,600	1,500	1,800	2,600	1,900	1,600	500	5,000	800	1,800
Unrealized (gains) losses on derivative contracts
407,300	-109,300	92,300	54,500	-175,800	361,700	-69,600	-33,600	-10,000	-121,600	-116,000	100,300	177,300	-148,400	24,900	-230,000	-13,500	-35,700	33,800	-158,300	-23,500	308,500	164,100	-52,700	-45,500	-33,200	-54,100	83,900	-85,300	30,400	-57,100	-38,400	128,300	31,000	27,900	27,600	31,200
Changes in operating assets and liabilities
124,400	-	21,400	21,100	11,800	-	-4,000	32,400	-13,800	-	-34,400	-5,000	-5,700	-	-186,400	5,600	52,600	-	12,200	-1,800	492,700	-	16,200	-114,000	38,800	-8,100	-214,000	59,700	162,400	54,600	7,100	-40,900	-20,800	12,200	11,100	-12,400	-10,900
Net Cash Provided by (Used in) Operating Activities
151,900	224,900	146,300	117,400	78,300	141,300	298,000	216,500	160,400	117,400	186,800	146,100	149,900	134,300	313,300	137,900	81,700	207,400	276,500	270,100	-272,700	322,800	359,400	537,900	322,400	212,800	481,000	325,800	172,100	324,000	277,700	365,800	328,500	336,900	327,100	329,200	299,400
INVESTING ACTIVITIES
Payments to Acquire Oil and Gas Property
3,000	-100	1,800	1,200	600	17,300	3,200	8,900	36,200	720,700	17,900	8,400	68,200	599,100	16,300	8,800	14,800	74,800	23,500	0	0	10,800	300	2,800	946,600	1,600	17,300	-1,600	23,600	5,800	1,396,300	2,600	1,400	7,300	10,900	7,700	22,100
Acquisition deposit held in escrow
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-50,000	50,000	0	0	0	-	-	-	-	-	-	-	-
Expenditures for property, plant and equipment, including exploratory well expense
164,600	97,500	148,400	152,200	164,600	202,000	267,800	393,600	370,700	380,000	301,700	300,600	177,300	157,900	134,600	90,800	185,800	278,500	211,300	309,200	342,100	495,500	491,400	448,800	330,200	472,100	369,700	358,900	361,000	352,900	359,200	345,000	336,500	425,400	325,700	311,600	320,400
Proceeds from Sale of Oil and Gas Property and Equipment
12,600	2,400	9,800	49,300	617,400	26,100	168,700	15,500	33,300	18,900	785,600	2,100	200	100	5,200	800	22,900	16,600	7,600	-4,000	1,600	2,590,400	-100	703,400	2,900	2,800	65,300	141,500	1,500	-100	1,700	300	3,300	800	5,800	700	900
Net Cash Provided by (Used in) Investing Activities
-155,000	-95,000	-140,400	-104,100	452,200	-193,200	-102,300	-387,000	-373,600	-1,081,800	466,000	-306,900	-245,300	-726,900	-145,700	-128,800	-177,700	-336,700	-227,200	-313,200	-340,500	2,038,900	-488,600	251,800	-1,223,900	-520,900	-321,700	-215,800	-383,100	-358,800	-1,753,800	-347,300	-334,600	-431,900	-330,800	-318,600	-341,600
FINANCING ACTIVITIES
Checks outstanding in excess of cash balances
-14,100	17,600	-4,600	-5,000	-4,300	-800	6,800	-11,300	-24,200	44,000	-11,800	2,600	-3,100	8,000	4,300	0	-29,800	17,000	5,400	-8,400	-38,900	26,700	4,100	-72,700	-12,500	107,400	-93,900	-4,200	60,000	12,200	27,500	-58,600	29,200	2,700	8,700	-7,400	5,900
Long-term debt issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	300,000	0	0	0	0	0	650,000	300,000	500,000	0	0	0	0
Repurchases of senior notes
72,700	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt issuance costs paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,200	0	0	1,100	200	3,000	0	0	800	8,200	1,900	6,900	100	10,500	0	0
Proceeds from credit facility
0	100	0	11,500	44,500	992,000	586,500	961,000	1,068,500	490,000	2,000	0	0	-	-	-	-	-	-	-	-	946,000	1,358,000	1,508,000	1,643,000	952,500	531,500	574,000	1,027,000	1,805,500	739,000	74,500	120,000	1,670,300	80,000	0	200,000
Long-term debt repaid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	58,500
Common stock repurchased and retired
-	-	-	-	-	0	52,500	1,200	4,700	-6,800	400	0	6,400	-	1,000	200	2,900	-	400	0	1,900	93,100	1,100	0	5,500	-8,700	1,200	0	7,500	0	-9,800	19,100	-9,300	-	-	-	-
Repayments of credit facility
0	0	0	11,500	474,500	937,500	786,000	771,000	772,500	401,000	2,000	0	0	-	-	-	-	-	-	-	-	1,473,500	1,923,500	1,516,500	1,021,500	837,500	1,055,000	536,000	866,500	1,779,500	75,000	175,000	626,000	1,573,800	70,000	0	100,000
Common stock repurchased and retired
-	-	-	-	-	-	-	-5,600	-52,800	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Treasury stock repurchases
800	-	-	-	5,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
4,800	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	3,500	3,500	3,600	3,500	3,800	3,500	3,700	3,600	3,500	3,600	3,600	3,600	3,500	3,600	3,500	3,600	3,500	3,500	3,600	3,500
Other capital contributions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	200	-	-	300	-400	900	1,000	1,200	2,900	3,400	700	800	2,100	2,000	-7,600	1,000	2,400	600	500	400	-800
Proceeds from issuance of common stock, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-200	0	413,000	368,600	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax (provision) benefit on share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	100	0	0	-200	800	600	0	1,800	1,100	0	0	-600	-1,300	0	300	1,000	200	0	0	2,000	100	100	1,000	400
Distribution from Questar
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-200
Distribution to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,600	8,100	7,600	7,600	5,100	1,100	1,600	1,500	1,300	2,200	1,400	1,700	1,300	1,600	1,000	1,500
Net Cash Provided by (Used in) Financing Activities
-92,400	-55,600	-10,100	-5,500	-440,100	52,800	-194,600	172,100	214,300	146,000	-12,200	1,500	-9,500	7,700	-173,700	412,800	336,300	9,600	900	-11,700	-46,500	-1,219,700	-573,100	-91,300	893,500	215,100	-176,000	29,700	211,000	34,800	1,329,700	127,900	6,100	95,000	3,700	-10,600	42,200
Change in cash, cash equivalents and restricted cash(1)
-95,500	74,300	-4,200	7,800	90,400	900	1,100	1,600	1,100	-818,400	640,600	-159,300	-104,900	-584,900	-6,100	421,900	240,300	-119,700	50,200	-54,800	-659,700	1,142,000	-702,300	698,400	-8,000	-93,000	-16,700	139,700	0	0	-146,400	146,400	0	0	0	0	0
Supplemental Disclosures:
Cash paid for interest, net of capitalized interest
29,700	-	30,800	31,800	31,500	-	36,700	37,500	26,000	-	32,300	32,000	32,300	-	38,400	30,800	37,800	-	37,700	32,100	37,600	-	44,000	41,100	43,800	-	43,400	36,000	40,700	-	37,100	3,600	39,100	-	25,200	20,400	44,200
Cash paid (refund received) for income taxes, net
-700	-	3,500	1,500	0	-	-	-	-	-	500	0	0	-	-155,700	400	32,000	-	-56,200	38,700	509,800	-	-1,300	200	0	-	7,900	36,600	4,900	-	20,000	10,600	-2,600	-	0	3,600	-10,800
Cash paid for amounts included in the measurement of lease liabilities
6,000	-	1,400	6,500	6,600	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets obtained in exchange for operating lease liabilities
500	-	1,300	2,900	6,900	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash Investing Activities:
Capital expenditure accruals as of March 31, 2020 and 2019
-77,300	-	19,500	36,900	-57,200	-	64,100	27,900	-48,100	-	-25,600	-5,400	-37,000	-	-7,300	5,100	22,600	-	-22,700	32,400	59,200	-	40,200	14,700	11,600	-	50,900	-39,800	42,600	-	52,200	41,800	3,500	-	200	40,000	-27,700