Src energy inc. (SRCI)
CashFlow / TTM
Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10
Cash flows from operating activities:
Net income

215,988

248,821

243,977

260,022

228,866

210,086

188,398

142,482

96,965

33,876

-147,908

-219,189

-346,818

-325,709

-256,842

-206,434

-56,703

31,650

0

0

28,853

19,417

15,872

13,443

9,581

10,532

9,348

12,735

12,124

11,766

9,044

-8,812

-11,600

0

0

0

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

231,973

219,760

203,610

179,773

163,059

151,611

136,161

112,309

87,073

62,968

47,815

46,678

47,675

61,743

65,022

67,007

70,805

64,240

0

0

32,958

25,126

21,150

16,607

13,336

10,726

8,740

7,116

6,010

5,375

4,371

3,467

2,838

0

0

0

Full cost ceiling impairment

-

-

-

-

-

-

-

-

-

-

-

215,223

340,453

328,000

270,191

224,570

99,340

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Settlement of asset retirement obligations

-6,843

-6,775

-5,993

-6,388

-5,698

-7,238

-6,238

-4,541

0

0

0

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Extinguishment of Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for deferred taxes

69,203

65,080

50,190

37,967

18,076

9,158

5,811

0

0

0

0

-

-

-

-

-48,104

-22,295

18,363

0

0

15,014

11,091

9,676

8,942

6,870

6,097

5,828

983

-332

0

0

0

-

-

-

-

Amortization of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,588

0

0

0

Accretion of debt discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,664

0

0

0

Stock-based compensation expense

12,854

13,170

13,174

12,287

12,182

11,807

11,346

11,225

10,596

9,940

9,647

9,491

14,482

14,401

17,034

16,119

8,648

8,198

0

0

2,968

1,937

1,846

1,613

1,362

1,144

641

544

473

386

581

488

627

0

0

0

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

48,313

28,860

6,281

23,413

-35,154

-29,008

-13,386

-4,226

-1,809

981

-6,051

-7,750

-425

17,496

10,398

12,179

33,398

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash settlements on commodity derivative contracts

-7,009

5,523

13,178

19,359

13,099

5,413

532

-942

-11,289

-10,259

-8,352

-5,374

7,091

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash premiums paid for commodity derivative contracts

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash premiums paid for commodity derivative contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,518

879

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (Decrease) in Operating Capital

-85,786

-41,557

-28,244

-39,543

-41,670

-41,758

-29,626

-12,830

0

0

0

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash premiums paid for commodity derivative contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Valuation increase in commodity derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

0

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-4,871

0

-3,968

-

-5,351

2,643

0

0

20,311

8,605

6,085

4,202

3,756

3,033

2,836

3,866

1,597

295

1,257

943

991

0

0

0

Trade

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-179

0

0

0

-

4,836

1,938

1,733

1,432

1,012

930

1,103

685

0

0

0

-

-

-

-

Accounts payable and accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

3,303

0

947

-

120

-9

0

0

1,246

-4,319

-1,698

-80

-550

4,849

385

-1,477

-155

-772

-717

436

1,550

0

0

0

Inventory

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

59

-239

-215

-282

-513

-15

28

72

0

0

0

Revenue payable

-

-

-

-

-

-

-

-

-

-

-

-

-7,144

0

-14,218

-

4,328

7,199

0

0

8,406

3,129

2,570

3,829

1,921

2,457

6,048

4,666

4,161

0

0

0

-

-

-

-

Production taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-6,668

0

5,247

-

7,652

6,646

0

0

8,099

5,413

5,283

3,840

2,472

2,029

3,900

2,498

2,279

0

0

0

-

-

-

-

Accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

36

-66

256

-141

-1,569

-2,909

-1,419

-1,291

591

2,553

1,106

1,317

0

0

0

Other

-

-

-

-

-

-

-

-

-

-

-

-

1,692

0

1,476

-

1,209

1,667

0

0

-131

-5

257

-1,736

192

-624

-708

1,458

17

167

155

166

160

0

0

0

Total adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

31,205

31,927

30,821

22,539

21,885

19,948

6,699

9,128

9,402

4,833

18,612

19,516

0

0

0

Net cash provided by operating activities

606,894

586,964

554,135

521,143

492,052

452,619

389,638

291,315

158,312

110,911

69,924

48,688

54,280

62,366

58,188

89,825

111,082

130,082

0

0

74,905

50,622

47,799

44,264

32,120

32,417

29,296

19,434

21,252

21,169

13,878

9,799

7,916

0

0

0

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

24,709

133,372

150,952

149,658

727,975

647,872

637,715

661,468

70,378

42,470

513,674

511,173

540,507

549,782

112,144

147,374

184,274

110,254

96,430

68,989

52,066

70,898

58,930

73,919

29,012

82,994

86,447

51,900

46,751

43,109

42,183

32,594

30,247

0

0

0

Acquisitions of oil and gas properties and leaseholds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45,690

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures for drilling and completion activities

536,185

578,669

565,037

516,480

476,450

485,684

495,267

450,384

0

0

0

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other capital expenditures

55,446

52,355

50,521

47,916

33,082

32,806

19,065

17,841

15,164

14,991

8,738

7,044

8,889

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of land and other property and equipment

454

1,762

2,855

3,039

3,042

1,959

2,431

4,186

6,197

8,795

7,124

5,478

3,734

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-40,031

-60,018

-18

20,010

40,013

60,000

0

0

0

-

-

-

-

-

-

-

-

Cash held in escrow

-

-

-

-

-

-

-

-

-

-

-

-

18,244

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of oil and gas properties and other

12,503

13,663

1,023

1,627

17,789

17,184

23,612

93,573

78,144

79,009

96,039

25,350

24,223

23,496

2,543

6,239

6,239

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-604,291

-752,263

-763,096

-715,466

-1,222,760

-1,151,137

-1,130,866

-1,040,306

-348,183

-221,203

-597,887

-617,916

-650,288

-732,893

-175,031

-194,772

-268,016

-291,682

0

0

-94,880

-121,633

-130,397

-165,389

-140,469

-82,923

-86,376

-51,829

-46,680

0

0

0

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

565,398

565,398

565,398

92,575

200,100

200,100

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Offering costs

-

-

-

-

-

-

-

-

-

-

18,578

21,987

21,987

21,898

3,409

9,255

9,255

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the employee exercise of stock options

0

110

3,239

4,302

4,929

4,819

1,804

741

0

0

0

-

-

-

-

0

-

-

-

0

35,634

36,188

31,972

26,900

3,275

0

0

0

-

-

-

-

-

-

-

-

Payment of employee payroll taxes in connection with shares withheld

1,182

1,237

1,522

1,121

1,163

1,133

732

688

878

914

904

757

3,054

3,030

3,378

3,165

1,026

1,141

811

740

369

7,166

7,024

7,024

6,990

0

0

0

-

-

-

-

-

-

-

-

Proceeds from exercise of warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Proceeds from the revolving credit facility

-

-

-

-

-

-

-

250,000

170,000

110,000

75,000

55,000

55,000

201,000

77,000

146,000

-

-

-

0

0

-7,486

-4,486

31,514

34,000

38,486

33,094

-2,906

0

3,000

5,392

5,392

0

0

0

0

Principal repayments on the revolving credit facility

-

-

-

-

-

-

-

250,000

0

0

0

-

-

-

-

68,000

145,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing fees on amendments to the revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

2,296

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fees on debt and equity issuances and revolving credit facility amendments

794

802

2,282

2,588

13,946

15,055

13,451

13,145

2,134

1,246

4,967

5,159

4,397

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease payments

-

246

247

276

222

135

87

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal repayment of related party notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,200

5,200

5,200

5,200

0

0

0

0

Net cash provided by (used in) financing activities

47,657

137,668

194,031

195,160

728,619

697,517

761,555

760,929

147,439

88,129

528,442

539,563

540,081

600,209

-60,404

119,680

243,893

255,032

0

0

35,265

99,779

98,705

129,633

108,528

41,952

36,500

37,661

35,221

35,222

37,614

16,883

16,691

0

0

0

Net increase (decrease) in cash and cash equivalents

50,260

-27,631

-14,930

837

-2,089

-1,001

20,327

11,938

-42,432

-22,163

479

-29,665

-70,151

-74,973

-177,247

14,733

86,959

93,432

181,608

18,597

15,290

28,768

16,107

8,508

179

-8,554

-20,580

5,266

9,793

16,667

17,691

2,470

2,742

0

0

0