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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (134,340) $ 41,773
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Deferred income taxes (46,443) 15,205
Exploration 27 0
(Gain) loss on sale of assets (16) 25
Depreciation, depletion and amortization 312,828 164,684
(Gain) loss on derivative financial instruments 71,978 (31,945)
Cash settlements of derivative financial instruments 132,725 33,382
Amortization of debt discount and issuance costs 24,231 9,206
Stock-based compensation 4,734 2,359
Loss on early extinguishment of debt 861 0
Decrease in accounts receivable 79,382 48,404
Decrease in other current assets 8,291 7,137
Decrease in accounts payable and accrued expenses (64,303) (7,424)
Net cash provided by operating activities 389,955 282,806
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures (332,628) (308,742)
Acquisition of Covey Park Energy LLC, net of cash acquired 0 (693,869)
Prepaid drilling costs 0 9,319
Proceeds from sales of assets 283 390
Net cash used for investing activities (332,345) (992,902)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings on bank credit facility 157,000 887,000
Repayments on bank credit facility (907,000) (72,000)
Repayments of Covey Park Energy LLC debt and preferred equity 0 (533,390)
Issuance of 9¾% Senior Notes 751,500 0
Issuance of common stock 206,626 300,000
Issuance of Series B Preferred Stock 0 175,000
Redemption of Series A Preferred Stock (210,000) 0
Preferred stock dividends paid (21,180) (8,128)
Debt and stock issuance costs (24,128) (8,169)
Income tax withholdings related to equity awards (692) (167)
Net cash provided by (used for) financing activities (47,874) 740,146
Net increase in cash and cash equivalents 9,736 30,050
Cash and cash equivalents, beginning of period 18,532 23,193
Cash and cash equivalents, end of period $ 28,268 $ 53,243