Whiting petroleum corp (WLL)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss

-3,800

-241

110

250

258

342

-659

-1,067

-1,135

-1,237

-612

-1,019

-1,254

-1,339

-1,264

-2,436

-2,284

-2,219

-2,474

-451

-150

64

359

405

388

366

506

385

401

414

395

518

570

491

494

347

269

336

0

0

0

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

802

816

809

795

791

781

859

875

896

948

943

1,015

1,099

1,171

1,222

1,253

1,272

1,243

1,222

1,191

1,137

1,089

1,036

970

925

891

832

792

729

684

623

566

516

468

444

419

404

393

0

0

0

Deferred income tax benefit

93

72

0

0

0

-

-

-

-

-475

-576

20

-52

-80

134

-817

-785

-773

-911

-222

-52

76

246

246

229

204

270

228

242

248

234

308

331

284

289

199

158

199

0

0

0

Amortization of debt issuance costs, debt discount and debt premium

25

28

31

31

30

30

31

31

31

31

286

311

321

335

85

65

65

46

35

24

8

11

13

14

15

12

10

9

9

9

9

9

8

8

8

9

9

10

0

0

0

Stock-based compensation

5

7

7

15

12

12

12

14

20

21

25

25

25

25

26

27

27

28

26

25

23

23

22

21

22

22

21

21

20

18

16

15

14

13

12

11

9

8

0

0

0

Amortization of deferred gain on sale

8

9

9

10

10

11

11

12

12

12

13

13

14

14

14

14

14

16

20

24

28

30

30

31

31

31

31

32

33

29

24

19

14

13

14

14

15

15

0

0

0

(Gain) loss on sale of properties

-1

-1

-1

-1

0

-1

-1

-400

-402

-401

-391

-183

-183

-184

-192

-3

-65

-60

-46

-46

20

27

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Oil and gas property impairments

3,753

17

35

40

45

45

881

884

895

899

73

78

75

75

63

1,717

1,726

1,738

2,434

783

776

767

356

357

358

358

118

113

108

107

59

55

48

38

39

34

30

26

0

0

0

Exploratory dry hole costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

23

23

23

26

0

0

0

-

-

-

-

18

2

0

2

4

5

5

4

3

0

0

0

Gain on extinguishment of debt

0

-

-

-

-

-31

-31

-31

-31

-1

-1

45

-134

-42

-54

-101

77

-18

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in Production Participation Plan liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7

-6

8

25

17

13

2

-3

0

-0

5

8

10

12

0

0

0

Non-cash derivative (gain) loss

185

-78

154

175

103

139

-109

-186

-120

-131

-106

-82

-129

-151

-68

94

-17

1

45

-82

40

57

1

-34

23

20

23

32

104

115

3

147

172

63

109

-55

-113

40

0

0

0

Payment for settlement of commodity derivative contract

-

-

-

-

-

61

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

1

1

5

3

7

6

2

4

2

9

12

11

11

10

9

10

12

9

5

8

9

9

15

9

10

16

12

14

19

18

19

21

18

13

7

6

5

4

0

0

0

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

-26

24

-17

8

13

11

92

78

86

110

15

-21

-74

-155

-138

-215

-240

-207

-318

-229

-92

-17

92

118

46

22

16

52

37

55

114

81

49

62

48

42

74

47

0

0

0

Prepaid expenses and other

17

-7

-5

-6

-7

-4

-9

-4

-2

0

14

9

3

-0

-17

-23

-8

-54

7

1

-9

50

11

18

22

15

-0

6

0

-2

3

-0

1

3

2

6

6

3

0

0

0

Accounts payable trade and accrued liabilities

3

40

-39

-13

-12

11

75

61

45

-24

-27

-37

-84

-62

-162

-73

-141

-117

-46

-186

-16

-86

-48

77

3

33

-39

-7

-27

58

127

32

55

33

3

74

73

66

0

0

0

Revenues and royalties payable

-2

-26

15

6

33

56

53

48

20

23

-7

1

17

-32

-39

-94

-82

-74

-83

-47

-47

-1

9

53

57

48

58

44

20

45

32

15

43

21

28

35

21

35

0

0

0

Taxes payable

-14

-4

-15

-5

-1

2

15

12

-0

-10

-22

-26

-11

-8

-17

-18

-12

-16

-20

-17

-13

1

9

24

16

16

19

9

3

2

8

3

9

0

5

8

5

9

0

0

0

Net cash provided by operating activities

644

755

805

930

1,007

1,092

1,093

929

729

577

527

579

629

595

508

730

895

1,051

1,367

1,451

1,693

1,815

1,839

1,896

1,771

1,744

1,637

1,506

1,345

1,401

1,346

1,239

1,331

1,192

1,140

1,145

1,014

997

0

0

0

Drilling and development capital expenditures

750

793

858

859

829

813

793

886

870

830

721

503

410

539

743

1,086

1,699

2,455

2,943

3,244

3,262

2,842

2,726

2,566

2,409

2,349

2,210

2,180

2,093

2,050

1,986

1,873

1,762

1,554

1,342

1,135

914

739

0

0

0

Acquisition of oil and gas properties

5

6

8

138

140

142

143

15

22

21

19

17

5

4

7

9

17

28

12

21

22

45

87

375

441

422

416

127

93

125

63

120

149

193

315

314

260

184

0

0

0

Other property and equipment

1

6

8

7

4

1

1

5

6

4

5

5

7

9

12

9

10

13

28

54

60

79

59

41

40

45

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of properties

99

72

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of oil and gas properties

-

-

-

-

-

-

-

-

553

-

925

683

688

313

480

211

507

514

362

336

43

107

0

0

0

-

-

-

-

-

-

-

0

-

70

3

9

9

0

0

0

Net proceeds from sale of 18,400,000 units in Whiting USA Trust II

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Issuance of note receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

0

0

0

-

-

-

-

25

0

0

0

-

-

-

-

Cash paid for investing derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Preferred stock dividends paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1

1

1

1

1

1

1

1

6

11

16

0

0

0

Net cash used in investing activities

-658

-733

-807

-973

-971

-953

-921

-367

-347

73

195

173

280

-222

-282

-894

-1,220

-1,982

-2,620

-2,983

-3,302

-2,860

-2,640

-2,021

-1,853

-1,902

-1,900

-2,305

-2,195

-1,780

-1,714

-1,591

-1,571

-1,760

-1,613

-1,471

-1,191

-914

0

0

0

Borrowings under credit agreement

3,265

2,650

2,522

2,412

2,334

2,214

1,942

1,712

1,690

1,900

1,890

1,710

1,570

1,310

2,150

2,300

2,350

3,550

0

0

0

-

-

-

-

1,860

2,450

2,490

2,470

2,340

2,130

2,000

1,810

1,760

1,680

1,820

1,490

1,150

0

0

0

Repayments of borrowings under credit agreement

2,235

2,275

2,207

2,372

2,384

2,214

2,092

2,262

2,050

2,450

2,340

2,160

2,120

1,560

1,500

1,300

1,350

4,150

0

0

0

-

-

-

-

3,060

3,450

1,660

1,610

1,920

1,730

1,640

1,550

1,180

1,180

1,390

1,210

1,110

0

0

0

Issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,111

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of 1.25% Convertible Senior Notes due 2020

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,250

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of 6.625% Senior Notes due 2026

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of 6.5% Senior Subordinated Notes due 2018

-

-

-

-

-

-

-

-

-

275

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of 1.25% Convertible Senior Notes due 2020

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of 5.75% Senior Notes due 2021

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance and extinguishment costs

-

-

-

-

-

10

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

5

0

0

0

-

-

-

-

Restricted stock used for tax withholdings

0

3

4

5

5

4

5

4

4

6

5

5

5

0

0

0

0

1

1

1

1

11

11

11

11

5

5

5

5

5

5

5

5

9

9

9

9

5

0

0

0

Debt and equity issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

8

5

54

64

64

64

14

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of tax sharing liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

3

4

4

1

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on finance lease obligations

5

5

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

578

-27

-13

32

-65

-1,004

-169

-568

-368

155

-730

-744

-894

-315

-245

119

220

868

1,263

1,364

1,308

423

-196

329

480

812

1,263

815

848

408

388

348

245

564

475

321

168

-75

0

0

0

NET CHANGE IN CASH AND CASH EQUIVALENTS

564

-4

-14

-9

-28

-865

3

-6

14

806

-7

7

15

57

-19

-44

-104

-62

9

-166

-300

-621

-997

203

398

654

999

16

-1

28

19

-4

4

-3

2

-4

-8

6

0

0

0

Contributions from noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

0

0

0

-

-

-

-

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

50

86

148

125

121

90

22

35

66

80

149

139

92

65

30

-36

-25

94

329

403

418

429

226

265

259

158

157

110

98

110

142

156

167

142

123

124

143

84

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-