Whiting petroleum corp (WLL)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss

-241

342

-1,237

-1,339

-2,219

64

366

414

491

336

-106

252

Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation, depletion and amortization

816

781

948

1,171

1,243

1,089

891

684

468

393

394

277

Deferred income tax benefit

72

1

-475

-80

-773

76

204

248

284

199

-56

154

Amortization of debt issuance costs, debt discount and debt premium

28

30

31

335

46

11

12

9

8

10

11

6

Stock-based compensation

7

12

21

25

28

23

22

18

13

8

7

4

Amortization of deferred gain on sale

9

11

12

14

16

30

31

29

13

15

16

12

(Gain) loss on sale of properties

-1

-1

-401

-184

-60

27

128

3

16

1

5

-

Oil and gas property impairments

17

45

899

75

1,738

767

358

107

38

26

26

25

Goodwill impairment

-

-

-

-

873

-

-

-

-

-

-

-

Exploratory dry hole costs

-

-

-

0

9

26

28

18

4

3

18

3

Gain on extinguishment of debt

7

-31

-1

-42

-18

-

-4

-

-

-6

-

-

Change in Production Participation Plan liability

-

-

-

-

-

-

-6

13

-0

12

3

32

Non-cash derivative (gain) loss

-78

139

-131

-151

1

57

20

115

63

40

-218

6

Payment for settlement of commodity derivative contract

-

61

-

-

-

-

-

-

-

-

-

-

Other, net

1

6

9

10

9

9

16

18

13

4

-0

-18

Changes in current assets and liabilities:
Accounts receivable trade, net

24

11

110

-155

-207

-17

22

55

62

47

27

12

Prepaid expenses and other

-7

-4

0

-0

-54

50

15

-2

3

3

-30

29

Accounts payable trade and accrued liabilities

40

11

-24

-62

-117

-86

33

58

33

66

-55

75

Revenues and royalties payable

-26

56

23

-32

-74

-1

48

45

21

35

11

8

Taxes payable

-4

2

-10

-8

-16

1

16

2

0

9

1

5

Net cash provided by operating activities

755

1,092

577

595

1,051

1,815

1,744

1,401

1,192

997

453

766

Drilling and development capital expenditures

793

813

830

539

2,455

2,842

2,349

2,050

1,554

739

506

895

Acquisition of oil and gas properties

6

142

21

4

28

45

422

125

193

184

97

438

Other property and equipment

6

1

4

9

13

79

45

-3

56

-

-

-

Proceeds from sale of properties

72

4

929

-

-

-

-

-

-

-

-

-

Proceeds from sale of oil and gas properties

-

-

-

313

514

107

968

69

-

9

80

1

Deposit received on properties held for sale

-

-

-

-17

-

-

-

-

-

-

-

-

Issuance of note receivable

-

-

-

-

-

-

10

0

25

-

-

-

Cash paid for investing derivatives

-

-

-

-

-

-

44

-

-

-

-

-

Preferred stock dividends paid

-

-

-

-

-

-

0

1

1

16

10

-

Issuance of 6.5% Senior Subordinated Notes due 2018

-

-

-

-

-

-

-

-

-

350

-

-

Redemption of 7.25% Senior Subordinated Notes due 2012

-

-

-

-

-

-

-

-

-

150

-

-

Redemption of 7.25% Senior Subordinated Notes due 2013

-

-

-

-

-

-

-

-

-

223

-

-

Premium on induced conversion of 6.25% convertible perpetual preferred stock

-

-

-

-

-

-

-

-

-

-47

-

-

Proceeds from sale of marketable securities

-

-

-

-

-

-

-

-

-

-

-

0

Net proceeds from sale of 11,677,500 units in Whiting USA Trust I

-

-

-

-

-

-

-

-

-

-

-

193

Net cash used in investing activities

-733

-953

73

-222

-1,982

-2,860

-1,902

-1,780

-1,760

-914

-523

-1,138

CASH FLOWS FROM FINANCING ACTIVITIES
Cash settlements received on investing derivatives

-

-

-

-

-

-

2

-

-

-

-

-

Redemption of 7% Senior Subordinated Notes due 2014

-

-

-

-

-

-

253

-

-

-

-

-

Borrowings under credit agreement

2,650

2,214

1,900

1,310

3,550

2,150

1,860

2,340

1,760

1,150

490

1,105

Repayments of borrowings under credit agreement

2,275

2,214

2,450

1,560

4,150

1,675

3,060

1,920

1,180

1,110

950

735

Issuance of 6.25% convertible perpetual preferred stock

-

-

-

-

-

-

-

-

-

-

334

-

Issuance of common stock

-

-

-

-

1,111

-

-

-

-

-

234

-

Issuance of 1.25% Convertible Senior Notes due 2020

-

-

-

-

1,250

-

-

-

-

-

-

-

Issuance of 6.625% Senior Notes due 2026

-

-

1,000

-

-

-

-

-

-

-

-

-

Redemption of 6.5% Senior Subordinated Notes due 2018

-

-

275

-

-

-

-

-

-

-

-

-

Redemption of 5.0% Senior Notes due 2019

-

990

-

-

-

-

-

-

-

-

-

-

Repurchase of 1.25% Convertible Senior Notes due 2020

297

-

-

-

-

-

-

-

-

-

-

-

Repurchase of 5.75% Senior Notes due 2021

95

-

-

-

-

-

-

-

-

-

-

-

Early conversion payments for New Convertible Notes

-

-

-

41

-

-

-

-

-

-

-

-

Repayments to Alliant Energy Corporation

-

-

-

-

-

-

-

-

-

-

-

3

Debt issuance and extinguishment costs

0

10

13

22

-

-

-

2

5

20

23

-

Restricted stock used for tax withholdings

3

4

6

0

1

11

5

5

9

5

0

-

Issuance of Senior Notes

-

-

1,000

-

-

-

-

-

-

-

-

-

Debt and equity issuance costs

-

-

-

-

54

14

29

-

-

-

-

-

Repayment of tax sharing liability

-

-

-

-

-

26

1

2

1

1

2

-

Proceeds from stock options exercised

-

0

-

-

3

1

-

-

-

-

-

-

Principal payments on finance lease obligations

5

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-27

-1,004

155

-315

868

423

812

408

564

-75

72

366

NET CHANGE IN CASH AND CASH EQUIVALENTS

-4

-865

806

57

-62

-621

654

28

-3

6

2

-5

Contributions from noncontrolling interest

-

-

-

-

-

-

-

-

2

-

-

-

SUPPLEMENTAL CASH FLOW DISCLOSURES
Income taxes paid (refunded), net

-7

-0

0

-1

-0

1

3

-0

4

6

-1

1

Interest paid, net of amounts capitalized

163

152

163

239

292

135

66

68

53

46

52

60

NONCASH INVESTING ACTIVITIES
Accrued capital expenditures and accounts payable related to property additions

86

90

80

65

94

429

158

110

142

84

29

84

Fair value of equity issued and debt assumed in the Kodiak Acquisition

-

-

-

-

-

4,289

-

-

-

-

-

-

Contributions from noncontrolling interest

-

-

-

-

-

-

-

-

5

-

-

-

Issuance of common stock related to the induced conversion of preferred stock

-

-

-

-

-

-

-

-

-

317

-

-

Preferred stock cancelled in connection with its induced conversion

-

-

-

-

-

-

-

-

-

-317

-

-

Leasehold improvements paid for by third party lessor under office lease agreement

10

-

-

-

-

-

-

-

-

-

-

-