| Dec'19 | Dec'17 | Dec'16 | ||||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net income (loss) | ||||||
85,005 | 178,874 | - | ||||
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||
Depreciation, depletion and amortization | ||||||
523,572 | 129,711 | - | ||||
Amortization of intangible assets | ||||||
14,505 | 0 | - | ||||
Exploration expense, non-cash | ||||||
1,154 | 0 | - | ||||
Asset retirement obligations accretion expense | ||||||
5,512 | 232 | - | ||||
Amortization of deferred financing costs | ||||||
3,541 | 0 | - | ||||
Derivative, Gain (Loss) on Derivative, Net | ||||||
0 | -8,500 | - | ||||
Cash settlements of matured derivative contracts | ||||||
0 | 1,097 | - | ||||
Deferred Income Tax Expense (Benefit) | ||||||
14,261 | 2,052 | - | ||||
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability | ||||||
0 | 0 | - | ||||
Stock based compensation | ||||||
11,089 | 0 | - | ||||
Other | ||||||
677 | 397 | - | ||||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
-7,952 | 70,822 | - | ||||
Prepaid expenses and other assets | ||||||
-357 | 0 | - | ||||
Accounts payable | ||||||
-6,834 | 10,522 | - | ||||
Drilling advances | ||||||
-11,960 | 0 | - | ||||
Other assets and liabilities, net | ||||||
23,778 | 192 | - | ||||
Net cash provided by operating activities | ||||||
647,619 | 257,371 | - | ||||
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
Proceeds withdrawn from Trust Account | ||||||
0 | 0 | - | ||||
Acquisition of EnerVest properties | ||||||
-4,250 | 0 | - | ||||
Acquisitions, other | ||||||
93,221 | 58,653 | - | ||||
Additions to oil and natural gas properties | ||||||
435,035 | 247,426 | - | ||||
Purchase of and contributions to equity method investment | ||||||
0 | 8,338 | - | ||||
Payment for Contingent Consideration Liability, Investing Activities | ||||||
0 | 0 | - | ||||
Other investing | ||||||
242 | 0 | - | ||||
Net cash used in investing activities | ||||||
-524,248 | -314,417 | - | ||||
CASH FLOW FROM FINANCING ACTIVITIES | ||||||
Parents’ contribution, net | ||||||
0 | 57,046 | - | ||||
Contributions from noncontrolling interest owners | ||||||
7,301 | 0 | - | ||||
Distributions to noncontrolling interest owners | ||||||
1,424 | 0 | - | ||||
Issuance of common stock | ||||||
0 | 0 | - | ||||
Proceeds from issuance of long term debt | ||||||
0 | 0 | - | ||||
Repayments of deferred underwriting compensation | ||||||
0 | 0 | - | ||||
Cash paid for debt issuance costs | ||||||
0 | 0 | - | ||||
Other financing activities | ||||||
-3,003 | 0 | - | ||||
Net cash provided by (used in) financing activities | ||||||
-76,496 | 57,046 | - | ||||
NET CHANGE IN CASH AND CASH EQUIVALENTS | ||||||
46,875 | 0 | - | ||||
SUPPLEMENTAL CASH FLOW INFORMATION: | ||||||
Supplemental non-cash operating activity: | ||||||
Supplemental non-cash investing and financing activity: | ||||||
Predecessor | ||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||
- | - | 21,471 | ||||
Depreciation and depletion | ||||||
- | - | 33,123 | ||||
Amortization of Intangible Assets | ||||||
- | - | 0 | ||||
Exploration expense, non-cash | ||||||
- | - | 0 | ||||
Asset Retirement Obligation, Accretion Expense | ||||||
- | - | 94 | ||||
Amortization of deferred financing costs | ||||||
- | - | 0 | ||||
Non-cash interest expense | ||||||
- | - | 0 | ||||
Derivative, Gain (Loss) on Derivative, Net | ||||||
- | - | -6,717 | ||||
Payments For (Proceeds From) Settlement of Derivatives | ||||||
- | - | 3,178 | ||||
Deferred Income Tax Expense (Benefit) | ||||||
- | - | 615 | ||||
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability | ||||||
- | - | 0 | ||||
Stock based compensation | ||||||
- | - | 0 | ||||
Other | ||||||
- | - | -2 | ||||
Account receivable | ||||||
- | - | 20,358 | ||||
Net cash provided by (used in) operating activities | ||||||
- | - | 30,458 | ||||
Prepaid expenses and other assets | ||||||
- | - | 0 | ||||
Accounts payable and accrued liabilities | ||||||
- | - | -8,092 | ||||
Drilling advances | ||||||
- | - | 0 | ||||
Other assets and liabilities, net | ||||||
- | - | -64 | ||||
Proceeds withdrawn from trust account | ||||||
- | - | 0 | ||||
Additions to oil and gas properties | ||||||
- | - | 25,963 | ||||
Purchase of and contributions to equity method investment | ||||||
- | - | 0 | ||||
Payment for Contingent Consideration Liability, Investing Activities | ||||||
- | - | 0 | ||||
Other investing | ||||||
- | - | 0 | ||||
Net cash used in investing activities | ||||||
- | - | -1,249,421 | ||||
Parents’ contribution, net | ||||||
- | - | 1,218,963 | ||||
Issuance of common stock | ||||||
- | - | 0 | ||||
Proceeds from issuance of long term debt | ||||||
- | - | 0 | ||||
Repayments of deferred underwriting compensation | ||||||
- | - | 0 | ||||
Cash paid for debt issuance costs | ||||||
- | - | 0 | ||||
Other financing activities | ||||||
- | - | 0 | ||||
Net cash provided by financing activities | ||||||
- | - | 1,218,963 | ||||
NET CHANGE IN CASH AND CASH EQUIVALENTS | ||||||
- | - | 0 | ||||
Cash paid for income taxes | ||||||
- | - | 0 | ||||
Cash paid for interest | ||||||
- | - | 0 | ||||
Contributions of assets to purchase equity method investment | ||||||
- | - | 0 | ||||
Contingent consideration issued in Business Combination | ||||||
- | - | 0 | ||||
Non-compete | ||||||
- | - | 0 | ||||
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable | ||||||
- | - | 0 | ||||
Accruals or liabilities for capital expenditures | ||||||
- | - | 51,435 | ||||
Class A Common Stock | ||||||
Payments for Repurchase of Common Stock | ||||||
10,277 | 0 | - | ||||
Class B Common Stock | ||||||
Payments for Repurchase of Common Stock | ||||||
69,093 | 0 | - | ||||