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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 88,797 $ 265,467
Adjustments to reconcile net income to net cash provided by operating activities:    
Deferred income taxes 25,270 70,329
Gain on sale of assets (125) (21)
Depreciation, depletion and amortization 274,160 225,929
(Gain) loss on derivative financial instruments (61,914) 510,319
Cash settlements of derivative financial instruments 65,877 (374,549)
Amortization of debt discount and issuance costs 3,991 7,098
Stock-based compensation 4,351 3,076
Loss on early retirement of debt 0 46,840
(Increase) decrease in accounts receivable 316,210 (203,918)
Decrease in other current assets 1,201 881
Increase in accounts payable and accrued expenses 56 145,083
Net cash provided by operating activities 717,874 696,534
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures and acquisitions (743,858) (515,454)
Prepaid drilling costs (8,624) (10,601)
Proceeds from sales of assets 41,295 93
Net cash used for investing activities (711,187) (525,962)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings on bank credit facility 160,000 595,000
Repayments of bank credit facility (140,000) (480,000)
Retirement of Senior Notes 0 (273,920)
Preferred stock dividends paid 0 (8,678)
Common stock dividends paid (69,377) 0
Debt and stock issuance costs (144) 0
Income tax withholdings on equity awards (1,899) (1,365)
Net cash used for financing activities (51,420) (168,963)
Net increase (decrease) in cash and cash equivalents (44,733) 1,609
Cash and cash equivalents, beginning of period 54,652 30,663
Cash and cash equivalents, end of period $ 9,919 $ 32,272