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v3.23.2

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands | 6 Months Ended
--- | ---
Jun. 30, 2023 | Jun. 30, 2022
Cash flows from operating activities: |  |
Net income (loss) | $ 616,741 | $ (235,395)
Adjustments to reconcile net income (loss) to net cash provided by operating activities: |  |
Depletion, depreciation and amortization | 159,242 | 124,886
Net (gain) loss on derivative instruments | (474,849) | 961,422
Net cash receipts (payments) on settled derivative instruments | 52,886 | (433,466)
Other, net | 9,227 | 5,071
Changes in operating assets and liabilities, net | 48,159 | (39,318)
Net cash provided by operating activities | 411,406 | 383,200
Cash flows from investing activities: |  |
Additions to oil and natural gas properties | (283,406) | (181,787)
Proceeds from sale of oil and natural gas properties | 2,648 | 580
Other, net | (835) | (58)
Net cash used in investing activities | (281,593) | (181,265)
Cash flows from financing activities: |  |
Debt issuance costs and loan commitment fees | (6,920) | (169)
Dividends on preferred stock | (2,587) | (2,828)
Repurchase of common stock under Repurchase Program | (74,516) | (155,212)
Other, net | (1,780) | (405)
Net cash used in financing activities | (131,803) | (198,614)
Net (decrease) increase in cash and cash equivalents | (1,990) | 3,321
Cash and cash equivalents at beginning of period | 7,259 | 3,260
Cash and cash equivalents at end of period | 5,269 | 6,581
New Credit Facility |  |
Cash flows from financing activities: |  |
Principal payments on Credit Facility | (518,000) | (836,000)
Borrowings on Credit Facility | $ 472,000 | $ 796,000

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- Definition Amount of cash outflow for payment of an obligation from a lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(f)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-15 + Details
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