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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ (241,725) $ (52,417) $ 96,889
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Deferred and non-current income taxes (3,565) (9,409) 28,026
Exploration 0 27 0
Loss (gain) on sale of assets 162,077 (17) 25
Depreciation, depletion and amortization 469,388 417,112 276,526
Loss (gain) on derivative financial instruments 560,648 (9,951) (51,735)
Cash settlements of derivative financial instruments (419,714) 134,496 52,684
Amortization of debt discount, premium and issuance costs 21,703 34,038 16,274
Stock-based compensation 6,799 6,464 4,020
Loss on early extinguishment of debt 352,599 861 0
(Increase) decrease in accounts receivable (121,952) 34,555 3,220
(Increase) decrease in other current assets (2,033) 7,019 9,823
Increase in accounts payable and accrued expenses 74,780 12,923 15,485
Net cash provided by operating activities 859,005 575,701 451,237
CASH FLOWS FROM INVESTING ACTIVITIES:      
Acquisition of Covey Park Energy LLC, net of cash acquired 0 0 (693,869)
Capital expenditures (689,210) (509,690) (486,781)
Advance payments for drilling costs 0 (1,795) 9,336
Proceeds from sales of assets 138,394 287 475
Net cash used for investing activities (550,816) (511,198) (1,170,839)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Borrowings on bank credit facility 555,000 157,000 927,000
Repayments on bank credit facility (820,000) (907,000) (127,000)
Issuance of Senior Notes 2,222,500 751,500 0
Retirement of Senior Notes (2,210,626) 0 0
Repayment of Covey Park Energy LLC preferred equity 0 0 (533,390)
Issuance of common stock 0 206,626 300,000
Issuance of Series B Convertible Preferred Stock 0 0 175,000
Redemption of Series A Convertible Preferred Stock 0 (210,000) 0
Preferred stock dividends paid (17,500) (25,580) (17,832)
Debt and stock issuance costs (35,760) (24,617) (8,617)
Income tax withholdings related to equity awards (1,412) (692) (220)
Net cash provided by (used for) financing activities (307,798) (52,763) 714,941
Net increase (decrease) in cash and cash equivalents 391 11,740 (4,661)
Cash and cash equivalents, beginning of the year 30,272 18,532 23,193
Cash and cash equivalents, end of the year $ 30,663 $ 30,272 $ 18,532