ROAN RESOURCES, INC. ROAN Cash Flow

Roan resources, inc. (ROAN)

CashFlow / Quarterly

Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	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
Cash flows from operating activities
Net loss
19,295	27,246	-58,056	148,245	-301,240	-22,757	35,081	1,344,566	-198,365	208,492	-1,347,746	-2,472,207	-1,569,317	-379,127	-339,160	-154,502	-4,100	-207,870	-85,337	-784,549	-30,060	345,157	-221,885	-187,495	-430,005	237,086	-6,202	-189,615	837,627	237,109	-446,682	-243,527	4,143	59,786	65,310
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation, depletion, amortization and accretion
55,504	44,893	41,572	40,292	37,164	24,601	21,865	-424,681	142,448	143,171	164,058	-83,578	207,218	215,732	215,014	-60,974	290,287	274,435	267,801	224,349	208,892	198,629	197,441	177,673	167,695	143,506	117,276	100,045	88,328	79,345	66,366	68,918	62,482	57,941	49,191
Unproved leasehold amortization and impairment
13,700	10,901	11,331	10,404	11,171	7,121	7,350	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of other assets
31	-50	664	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on extinguishment of debt
-	-	-	-	-	-	-	-	0	0	0	494,523	197,741	9,151	6,635	0	0	0	0	-	-	-	-	-	-	-	-	-240	0	-9,810	-84,562	0	0	0	0
Amortization of deferred financing costs
1,457	338	537	282	230	196	145	-12,514	2,685	4,971	4,858	7,195	6,252	10,834	6,712	26,603	23,034	3,889	2,313	5,115	5,487	5,493	5,412	5,333	5,264	7,964	7,037	3,616	5,497	6,681	5,732	1,384	5,018	6,795	8,916
Impairment of long-lived assets
-	-	-	-	-	-	-	-	41,728	0	1,153,904	2,172,447	2,255,080	0	532,617	1,447,137	603,250	0	0	790,355	-4,240	-14,851	57,053	276,000	0	146,499	0	-	-	-	-	-	-	-	-
Bad debt expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-70	-208	189
Loss on derivative contracts
40,675	37,054	-83,642	178,974	-36,704	-54,602	-9,614	77,138	74	-183,805	106,593	241,494	548,867	-187,202	423,855	1,325,974	451,702	-408,788	-241,493	23,425	-63,931	326,733	-108,370	-	-	-	-	-	-	-	-	-	-	-	-
Net cash received (paid) upon settlement of derivative contracts
-11,329	-6,128	-2,549	-	13,551	9,773	4,138	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on sale of assets and other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36,641	-2,179	-1,327	-	1,930	32,120	-15,306	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-3,019	-5,499	9,420	-	1,594	-2,699	-7,158	-	-856	-2,109	5,584	-	-4,994	-1,778	7,503	-	-	-	-	-	-	-	-	-	-	-	-
Equity-based compensation
2,995	-3,222	3,065	2,970	2,933	2,835	2,292	-24,514	5,961	6,128	12,425	8,218	14,207	13,201	20,510	9,592	11,109	11,083	21,500	13,442	9,686	8,313	11,262	7,798	6,901	6,663	8,171	5,484	5,578	5,543	5,638	3,246	3,146	3,265	4,135
Deferred income taxes
-5,898	-13,410	22,897	-57,200	-299,662	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,325	-5,026	-262	6,253	-4,522	2,042	2,690	100	132	254	-921	3,623
Other
-2,437	5,033	1,514	2,420	434	117	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gains) losses on sale of assets and other, net
-	-	-	-	-	-	-	-	-1,373	-1,371	-1,916	-5,568	167,874	18,794	7,100	-	-	-	-	-	-	-	-	611	200	-607	-296	-1,960	100	-171	10	7,238	-104	-512	-3
Total (gains) losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	443,709	-2,031	1,110,219	-824,240	-205,515	369,476	188,088	-32,004	-90,546	-72,841
Cash settlements
-	-	-	-	-	-	-	-	-15	164,097	344,000	-	292,025	284,343	282,000	-	10,616	-8,612	-14,511	-	-	-	85,794	96,319	120,130	115,799	58,517	74,258	58,364	39,062	65,450	84,316	82,965	80,881	54,713
Premiums paid for derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	405,893	177,541	74,404	59,948	0	0	211,403	1	-76,032	-14,996
Changes in operating assets and liabilities increasing (decreasing) cash:
Accounts receivable and other assets
10,108	6,897	14,770	-	145,680	-47,333	56,369	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and other liabilities
7,078	-18,448	15,792	-	114,287	69,029	-24,614	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in accounts receivable trade, net
-	-	-	-	-	-	-	-	13,447	21,416	-31,113	-4,822	-37,084	-34,748	-135,230	-48,340	-5,877	27,554	34,337	-66,311	13,297	19,370	-55,544	-60,598	123,799	29,978	-15,606	120,862	-11,726	45,972	36,230	23,110	20,382	37,952	-15,161
(Increase) decrease in other assets
-	-	-	-	-	-	-	-	212	11,785	8,289	11,825	840	-15,922	12,399	5,159	-10,231	2,771	4,176	-7,002	-6,917	-3,587	1,327	3,209	402	-2,496	4,336	7,919	-2,635	-2,893	560	12,968	-4,035	-12,999	1,140
Accounts payable and accrued liabilities
-	-	-	-	-	-	-	-	12,472	57,227	-14,527	-61,597	10,848	-17,606	-29,868	-13,232	-1,347	97,477	16,105	-106,438	34,764	8,290	-13,609	-68,390	55,416	44,583	-5,237	50,629	4,522	64,993	9,355	9,974	12,375	-180	3,288
Increase (decrease) in other liabilities
-	-	-	-	-	-	-	-	-609	-23,172	46,766	-45,853	21,618	-35,744	8,713	-19,363	60,417	-67,782	16,720	-40,171	53,156	-44,378	27,730	-61,726	59,481	12,043	18,296	-17,094	23,684	-672	-15,251	-5,532	35,967	26,368	-7,772
Net cash provided by operating activities
64,005	42,378	63,615	61,652	42,114	173,304	-8,774	-849,052	83,991	510,173	291,028	214,688	361,287	298,779	374,703	276,080	520,175	481,153	434,482	225,701	379,155	226,762	334,594	206,476	266,860	-157,942	35,513	32,277	182,667	195,796	107,966	87,499	108,236	-4,549	79,732
Cash flows from investing activities
Acquisition of oil and natural gas properties
0	0	0	0	0	0	22,935	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of oil and natural gas properties and joint-venture funding, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-126,617	2,576,041	546	25,345	86,342	128,490	49,253	15,128	152,708	724,834	532,629	1,230,304	653,217	-804	590,431	257,349	456,512	123,332	571,650	199,539
Capital expenditures for oil and natural gas properties
142,537	145,515	159,381	187,885	170,918	227,113	87,549	-46,061	41,831	19,139	81,426	73,050	86,859	151,529	264,818	-115,083	370,861	410,774	394,843	310,421	271,705	260,095	235,804	274,170	229,220	260,569	220,571	190,980	157,766	132,803	93,086	100,138	42,337	39,497	22,860
Acquisition of other property and equipment
0	0	83	884	-18	1,601	770	-36,936	15,543	11,662	9,731	-2,562	22,242	16,886	12,401	12,932	18,727	21,260	10,151	15,365	21,840	29,304	25,843	22,459	15,657	12,538	9,895	17,810	18,762	12,282	6,375	3,151	6,905	6,036	2,089
Proceeds from sale of other assets
261	-50	1,264	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of properties and equipment and other
-	-	-	-	-	-	-	-	-578	-2,307	-264	-18,425	305,481	31,214	27,500	2,203,383	4,245	-1,044	-10,686	-14,024	-602	213,123	-2,224	-713	863	360	215	-11,079	186	11,848	-1,258	-8,058	110	583	3
Net cash used in investing activities
-142,276	-145,565	-158,200	-178,224	-170,900	-228,714	-111,254	-112,046	-57,952	20,310	-91,421	-119,877	196,380	-137,201	-249,719	1,815,008	-2,961,384	-433,624	-441,025	-426,152	-422,637	-125,529	-278,999	-450,050	-968,848	-805,376	-1,460,555	-873,086	-175,538	-723,668	-358,068	-567,859	-172,464	-616,600	-224,485
Cash flows from financing activities
Proceeds from rights offerings, net
-	-	-	-	-	-	-	-	0	0	0	0	0	217,527	15,900	0	0	0	0	-	-	-	-	1,212,627	0	0	761,362	29,363	615	0	648,971	413,080	0	0	431,250
Proceeds from borrowings
73,000	102,000	88,000	120,000	110,000	78,000	121,300	-958,500	0	0	978,500	40,000	760,000	250,000	395,000	640,000	4,205,024	555,000	540,000	970,000	485,000	475,000	300,000	510,000	975,000	1,320,000	2,634,802	1,020,000	155,000	1,199,240	160,000	130,000	982,640	1,938,176	250,000
Repayment of borrowings
-	-	-	-	-	-	-	-914,911	108	814,803	100,000	126,552	851,858	569,764	280,287	2,448,876	1,540,000	374,936	241,188	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs paid
-	-	-	-	-	-	-	-	69	591	32	17,904	125	8,196	453	-9,566	52,135	13,817	2,662	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash settlements of RSUs
-	-	-	-	-	11,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	229,161	415,737	145,000	1,315,000	140,000	245,000	1,700,000	146,350	90,000	656,282	408,397	130,000	600,000	975,000	445,000
Distributions to unitholders
-	-	-	-	-	-	-	-	0	0	0	0	111,247	107,816	104,815	240,813	240,652	240,510	240,073	170,555	170,569	170,163	170,954	170,017	144,752	144,576	137,590	121,876	122,221	116,718	105,673	97,368	443,778	-93,161	-82,274
Financing fees and other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,029	-4,194	34,850	-	-10,937	-9,928	113,049	-53,393	-2,236	22,593	89,394	15,592	17,263	77,338	-16,850
Excess tax benefit from unit-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,015	1,559	1,457	0	-431	591	0	-236	74	665	2,587	1,479	739	-1,331	3,918	-	-	-	-
Excess tax benefit from unit-based compensation
-	-	-	-	-	-	-	-	0	0	0	0	0	600	8,867	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
3,307	676	1,891	1,834	-1,690	-957	0	20,687	0	0	-20,687	20,673	-13,574	12,902	-94,959	11,661	88,779	-4,800	-34,848	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from unit-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,777
Purchase of units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	11,580	252
Net cash provided by financing activities
76,307	106,426	89,891	119,555	108,310	77,043	121,300	146,798	-177	-815,394	857,781	-437,449	-216,804	-205,947	-78,481	-2,148,440	2,462,031	-77,504	22,686	225,142	69,810	-106,115	-50,804	243,663	701,259	941,017	1,448,112	831,848	-66,822	402,316	209,425	298,301	272,547	814,761	138,651
Net (decrease) increase in cash and cash equivalents
-1,964	3,239	-4,694	-	-20,476	21,633	1,272	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-814,300	25,862	-284,911	1,057,388	-342,638	340,863	-44,369	46,503	-57,352	20,822	-29,975	16,143	24,691	26,328	-4,882	4,791	89	-729	-22,301	23,070	-8,961	-59,693	-125,556	-40,677	-182,059	208,319	193,612	-6,102
Supplemental disclosure of cash flow information
Cash paid for interest, net of capitalized interest
8,487	7,967	5,718	3,005	1,946	509	1,569	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Lease, Payments
-	400	300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosure of non-cash investing and financing activities
Change in accrued capital expenditures
-26,042	-39,855	4,489	27,106	73,207	-31,663	-2,951	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock Issued During Period, Value, Acquisitions
0	0	0	0	0	0	39,906	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right of use assets obtained in exchange for operating lease liabilities
-522	-281	7,139	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-