Resolute energy corp (REN)
CashFlow / TTM
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Operating activities:
Net income (loss)

-

-

-15,563

-

-

-

-74,937

-161,722

-233,255

-397,168

-619,369

-742,279

-667,246

-469,511

-226,524

-21,850

-121,808

-139,448

-114,305

-113,806

1,675

1,870

15,669

17,976

3,621

43,671

46,516

30,485

0

0

0

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depletion, depreciation and amortization

108,253

100,752

99,591

92,089

80,651

67,604

56,136

50,462

47,624

57,050

72,787

94,338

116,055

127,135

132,158

132,154

132,505

126,199

123,370

116,344

103,150

96,076

86,238

78,414

72,389

67,020

61,753

57,664

0

0

0

Impairment of proved oil and gas properties

-

-

-

-

-

-

-

58,000

135,000

333,000

543,000

705,000

748,000

550,000

340,000

120,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of deferred financing costs and long-term debt premium and discount

2,338

2,223

2,130

9,336

10,119

10,893

11,680

5,240

10,685

11,074

11,384

11,578

5,385

4,263

3,235

2,337

2,371

2,424

2,477

2,481

2,531

2,232

2,024

1,691

1,305

1,236

1,062

1,044

0

0

0

Stock-based compensation

20,704

19,549

18,038

12,161

10,124

8,533

6,964

6,315

8,312

9,919

11,438

12,148

13,465

14,951

16,475

16,331

16,263

15,143

15,312

14,924

13,002

12,377

10,059

9,399

9,119

8,540

8,344

7,927

0

0

0

Commodity derivative instruments (gain) loss

-64,375

-45,475

-25,897

-5,655

-3,466

14,225

-12,785

-19,784

10,710

57,137

55,423

76,492

174,832

151,883

150,985

118,141

-1,478

-45,489

-16,484

-15,336

-20,275

-28,192

3,702

5,176

-45,131

20,487

23,991

-5,321

0

0

0

Commodity derivative settlement gain (loss)

-22,518

21,756

10,757

3,730

22,121

38,312

60,512

88,010

96,235

99,264

96,708

93,150

88,614

59,219

33,928

4,988

-16,875

9,984

24,170

35,812

0

0

0

-

-

-

-

-

-

-

-

Unrealized contingent payment derivative instrument gain

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax benefit

-

-

-

-

-

-

-

-

-

-

-

-22,354

-26,074

-18,707

-25,388

-4,140

-67,041

-76,026

-63,966

-64,663

2,158

2,249

10,504

11,865

1,783

25,861

27,153

17,870

0

0

0

Change in operating assets and liabilities:
Accounts receivable

-16,546

-10,888

10,646

7,592

20,590

24,047

9,854

18,019

9,267

-1,066

-10,676

-21,216

-31,444

-22,946

-22,070

-36,768

-27,340

-26,847

-24,429

15,961

18,353

18,058

20,295

15,317

21,474

33,683

18,967

16,535

0

0

0

Other current assets

314

1,321

830

577

93

-396

23

-109

470

-905

-514

-322

-38

1,947

796

706

224

-205

225

-539

28

-741

-790

-138

-437

185

176

233

0

0

0

Accounts payable and accrued expenses

16,009

23,460

30,040

25,337

47,438

44,944

43,743

35,520

12,638

-5,412

-16,354

-27,173

-39,120

-33,372

-22,747

-14,297

-10,280

5,008

10,000

25,905

28,230

9,645

-9,772

-4,859

20,508

20,843

25,832

18,634

0

0

0

Accrued interest payable

2,838

901

4,531

1,790

4,287

1,986

-50

20

70

-2

22

25

0

0

0

-

12

785

-317

41

4,984

2,096

14,440

5,560

0

0

0

-

-

-

-

Net cash provided by operating activities

163,837

145,362

143,848

137,232

136,974

112,405

106,456

83,719

56,862

52,559

55,383

69,479

85,833

92,129

111,449

143,468

151,367

160,536

167,589

133,328

120,099

100,725

76,143

76,771

99,789

91,573

106,415

101,087

0

0

0

Investing activities:
Oil and gas exploration and development expenditures

378,233

368,324

321,288

306,073

248,999

186,256

147,637

128,340

106,567

78,067

56,583

67,636

111,567

143,200

168,621

183,565

200,077

234,668

267,225

261,758

246,117

231,393

210,930

212,241

213,587

200,815

192,588

169,216

0

0

0

Proceeds from sale of oil and gas properties

177,967

185,621

186,442

198,175

0

0

0

-

-

-

268,421

268,773

43,715

47,048

6,835

11,122

6,046

75,837

75,944

121,361

123,321

99,925

99,911

49,692

49,565

258

4,718

4,744

0

0

0

Purchase of oil and gas properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

257,948

0

0

0

-

-

-

-

-

-

-

-

Deposit for Bronco acquisition

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of other property and equipment

3,154

3,051

4,176

3,402

3,517

2,433

96

106

146

145

122

124

131

263

843

1,925

3,381

3,579

3,183

2,467

1,166

1,030

1,122

1,532

1,471

1,986

1,975

1,201

0

0

0

Restricted cash

-

-

-

-1,044

58

27

2,376

1,640

1,492

1,490

-146

1,489

1,638

1,638

3,274

1,639

1,639

1,639

1,641

-203

-204

-203

-1,842

1,821

0

0

0

-

-

-

-

Other long-term assets

-

-

-

-31

-75

-65

-73

-82

-50

-57

-59

-59

305

11

-98

-114

-488

7,305

-98

4,909

0

0

0

-

-

-

-

-91

0

0

0

Net cash used in investing activities

-212,318

-184,662

-282,478

-271,489

-468,749

-390,054

-212,482

-190,467

153,131

148,442

211,921

199,583

-69,926

-98,064

-165,805

-175,893

-198,563

-172,325

-196,978

-405,518

-635,565

-642,506

-653,799

-447,447

-200,031

-279,684

-244,285

-217,006

0

0

0

Financing activities:
Proceeds from bank borrowings

429,000

405,000

375,000

381,000

374,000

312,000

229,500

156,500

125,500

136,500

123,000

183,000

247,000

310,500

387,500

433,500

454,500

481,000

465,000

638,000

776,100

754,400

881,500

649,600

407,500

494,300

353,900

353,200

0

0

0

Repayments of bank borrowings

444,000

432,000

354,000

361,000

249,000

242,000

210,500

146,500

264,125

265,625

362,625

418,000

443,375

486,375

467,875

533,500

404,500

466,000

535,000

465,000

509,100

461,400

679,500

657,600

535,000

533,800

247,900

311,100

0

0

0

Repayment of term loan

-

-

-

128,303

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of financing costs

-

-

-

5,295

0

0

0

-

0

0

57

3,744

0

0

0

-

-

-

-

1,934

0

0

0

-

-

-

-

-

-

-

-

Payment of preferred dividend

5,078

5,078

5,077

5,205

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of restricted stock for employee income taxes

3,060

2,992

2,266

3,394

3,442

3,353

3,304

122

91

84

84

176

210

345

395

1,735

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of employee options to purchase common stock

384

391

364

252

292

275

191

98

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net cash provided by financing activities

50,862

39,016

138,206

4,930

331,755

278,324

104,146

230,540

-210,365

-200,906

-264,963

-264,117

-15,336

5,029

54,036

36,758

46,968

12,145

28,648

271,275

513,971

539,808

578,610

370,475

102,496

190,589

136,518

115,210

0

0

0

Net decrease in cash and cash equivalents

2,381

-284

-424

-129,327

-20

675

-1,880

123,792

-372

95

2,341

4,945

571

-906

-320

4,333

-228

356

-741

-915

-1,495

-1,973

954

-201

2,254

2,478

-1,352

-709

0

0

0

Cash paid during the period for:
Interest, net of amounts capitalized

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,091

0

0

0