Src energy inc. (SRCI)
CashFlow / Yearly
Dec'18Dec'17Dec'16Aug'14Aug'13Aug'12Aug'11Aug'10
Cash flows from operating activities:
Net income

260,022

142,482

-219,189

28,853

9,581

12,124

-11,600

-10,794

Adjustments to reconcile net income to net cash provided by operating activities:
Results of Operations, Depreciation, Depletion, Amortization and Accretion

179,773

112,309

46,678

32,958

13,336

6,010

2,838

701

Full cost ceiling impairment

0

0

215,223

0

0

-

-

-

Goodwill impairment

40,711

0

0

-

-

-

-

-

Settlement of asset retirement obligations

-6,388

-4,541

-228

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

0

-11,842

0

-

-

-

-

-

Provision for deferred taxes

37,967

0

0

15,014

6,870

-332

0

0

Amortization of debt issuance costs

-

-

-

-

-

-

1,588

453

Accretion of debt discount

-

-

-

-

-

-

2,664

1,333

Stock-based compensation expense

12,287

11,225

9,491

2,968

1,362

473

627

581

Mark-to-market of commodity derivative contracts:
Total loss on commodity derivatives contracts

23,413

-4,226

-7,750

321

-3,044

-

-10,229

-

Cash settlements on commodity derivative contracts

19,359

-942

-5,374

-2,138

-

-

-

-

Cash premiums paid for commodity derivative contracts

-

-

-

0

395

-

-

-

Increase (Decrease) in Operating Capital

-39,543

-12,830

16,411

-

-

-

-

-

Cash premiums paid for commodity derivative contracts

-

-

-

-

0

-

-

-

Valuation increase in commodity derivatives

-

-

-

-

-

0

0

-7,678

Changes in operating assets and liabilities:
Oil, natural gas, and NGL sales

-

-

-

20,311

3,756

1,597

991

3,091

Trade

-

-

-

-

1,432

685

424

-

Accounts payable and accrued expenses

-

-

-

1,246

-550

-155

1,550

-518

Inventory

-

-

-

-

-

-282

72

-744

Revenue payable

-

-

-

8,406

1,921

4,161

0

-

Production taxes payable

-

-

-

8,099

2,472

2,279

350

-

Accrued expenses

-

-

-

-

-141

-1,291

1,317

460

Other

-

-

-

-131

192

17

160

-7

Total adjustments

-

-

-

-

22,539

9,128

19,516

8,351

Net cash provided by operating activities

521,143

291,315

48,688

74,905

32,120

21,252

7,916

-2,443

Cash flows from investing activities:
Acquisition of oil and gas properties and leaseholds, net of post-closing adjustments

149,658

661,468

511,173

52,066

29,012

46,751

30,247

9,152

Capital expenditures for drilling and completion activities

516,480

450,384

119,571

97,225

51,457

-

-

-

Other capital expenditures

47,916

17,841

7,044

2,216

-

-

-

-

Acquisition of land and other property and equipment

3,039

4,186

5,478

4,095

-

-

-

-

Short-term investments

-

-

-

-60,018

60,000

0

0

-

Cash held in escrow

-

-

-

0

-

-

-

-

Proceeds from sales of oil and gas properties and other

1,627

93,573

25,350

704

0

71

8,382

0

Net cash used in investing activities

-715,466

-1,040,306

-617,916

-94,880

-140,469

-46,680

-21,865

-9,152

Cash flows from financing activities:
Proceeds from the sale of stock

0

322,000

565,398

0

82,656

40,250

18,000

0

Offering costs

157

9,745

21,987

0

4,413

-2,829

1,309

0

Proceeds from the employee exercise of stock options

4,302

741

68

35,634

3,275

3,000

0

-

Payment of employee payroll taxes in connection with shares withheld

1,121

688

757

369

6,990

0

0

-

Proceeds from the revolving credit facility

195,000

250,000

55,000

0

34,000

0

0

-1,161

Principal repayments on the revolving credit facility

0

250,000

133,000

0

0

-

-

-

Financing fees on amendments to the revolving credit facility

-

-

-

-

0

-

-

-

Proceeds from issuance of notes payable

0

550,000

80,000

0

-

-

-

-

Repayment of notes payable

0

88,234

0

-

-

-

-

-

Cash proceeds from convertible promissory notes

-

-

-

-

-

-

-

18,000

Fees on debt and equity issuances and revolving credit facility amendments

2,588

13,145

5,159

0

-

-

-

1,348

Lease payments

276

0

0

-

-

-

-

-

Principal repayment of related party notes payable

-

-

-

-

-

-5,200

0

0

Net cash provided by (used in) financing activities

195,160

760,929

539,563

35,265

108,528

35,221

16,691

15,489

Net increase (decrease) in cash and cash equivalents

837

11,938

-29,665

15,290

179

9,793

2,742

3,893