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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities:    
Net income $ 144,975,000 $ 1,419,000
Adjustments to reconcile net income to net cash provided from operating activities:    
Deferred income tax expense 50,581,000 5,688,000
Depletion, depreciation and amortization and impairment of proved properties 179,986,000 138,718,000
Abandonment and impairment of unproved properties 5,413,000 12,659,000
Derivative fair value (income) loss (233,175,000) 61,731,000
Cash settlements on derivative financial instruments 99,929,000 24,834,000
Allowance for bad debt 400,000 0
Amortization of deferred financing costs and other 1,657,000 1,807,000
Deferred and stock-based compensation 476,000 14,112,000
(Gain) loss on the sale of assets (122,099,000) 189,000
Gain on early extinguishment of debt (12,923,000) 0
Changes in working capital:    
Accounts receivable 84,345,000 134,006,000
Inventory and other (4,432,000) (4,763,000)
Accounts payable 18,660,000 (30,431,000)
Accrued liabilities and other (89,287,000) (99,275,000)
Net cash provided from operating activities 124,506,000 260,694,000
Investing activities:    
Additions to natural gas and oil properties (129,962,000) (190,014,000)
Additions to field service assets (896,000) (576,000)
Acreage purchases (10,811,000) (23,646,000)
Proceeds from disposal of assets 1,059,000 332,000
Purchases of marketable securities held by the deferred compensation plan (7,648,000) (4,259,000)
Proceeds from the sales of marketable securities held by the deferred compensation plan 8,393,000 6,204,000
Net cash used in investing activities (139,865,000) (211,959,000)
Financing activities:    
Borrowings on credit facilities 543,000,000 566,000,000
Repayments on credit facilities (463,000,000) (614,000,000)
Issuance of senior notes 550,000,000 0
Repayment of senior or senior subordinated notes (580,099,000) 0
Dividends paid 0 (5,023,000)
Treasury stock purchases (22,548,000) 0
Debt issuance costs (8,538,000) 0
Taxes paid for shares withheld (1,554,000) (3,161,000)
Change in cash overdrafts (1,933,000) 7,218,000
Proceeds from the sales of common stock held by the deferred compensation plan 13,000 174,000
Net cash provided from (used in) financing activities 15,341,000 (48,792,000)
Decrease in cash and cash equivalents (18,000) (57,000)
Cash and cash equivalents at beginning of period 546,000 545,000
Cash and cash equivalents at end of period $ 528,000 $ 488,000