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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flow from operating activities:      
Net income (loss) $ 250,168,000 $ (15,542,000) $ (262,895,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation, depletion and amortization 156,847,000 144,495,000 139,180,000
Amortization of debt issuance costs 2,590,000 4,430,000 5,351,000
Impairment of oil and gas properties 0 0 289,085,000
Stock-based compensation expense 16,973,000 13,783,000 14,630,000
Deferred income taxes (45,566,000) 819,000 (8,045,000)
(Decrease) increase in allowance for doubtful accounts 0 (1,349,000) 1,112,000
Other operating expenses 160,000 (487,000) 5,083,000
Derivatives activities:      
Total losses (gains) 48,314,000 117,822,000 (116,746,000)
Cash settlements on derivatives (88,023,000) (91,634,000) 142,292,000
Changes in assets and liabilities:      
(Increase) decrease in accounts receivable (15,409,000) (15,614,000) 18,767,000
Decrease (increase) in other assets 6,725,000 (24,824,000) (2,000)
Increase (decrease) in accounts payable and accrued expenses 36,100,000 4,045,000 (14,172,000)
Decrease in other liabilities (7,938,000) (13,456,000) (17,111,000)
Net cash provided by operating activities 360,941,000 122,488,000 196,529,000
Capital expenditures:      
Capital expenditures (152,921,000) (132,719,000) (76,480,000)
Changes in capital expenditures accruals 14,286,000 482,000 (11,336,000)
Acquisitions, net of cash received (25,917,000) (50,568,000) 0
Acquisition of properties and equipment and other 0 (876,000) (5,981,000)
Proceeds received from divestitures 0 14,025,000 0
Proceeds from sale of property and equipment and other 0 869,000 177,000
Net cash used in investing activities (164,552,000) (168,787,000) (93,620,000)
Cash flow from financing activities:      
Dividends paid on common stock (109,455,000) (11,486,000) (19,463,000)
Repurchase of common stock (51,303,000) (2,440,000) 0
Shares withheld for payment of taxes on equity awards and other (4,136,000) (1,543,000) (1,039,000)
Debt issuance costs (528,000) (3,506,000) 0
Net cash used in financing activities (165,422,000) (18,975,000) (22,352,000)
Net increase (decrease) in cash and cash equivalents 30,967,000 (65,274,000) 80,557,000
Cash and cash equivalents:      
Beginning 15,283,000 80,557,000 0
Ending 46,250,000 15,283,000 80,557,000
RBL Facility      
Cash flow from financing activities:      
Borrowings under credit facility 247,000,000 119,000,000 228,900,000
Repayments on credit facility (247,000,000) (119,000,000) $ (230,750,000)
2022 ABL Facility      
Cash flow from financing activities:      
Borrowings under credit facility 2,000,000 0  
Repayments on credit facility $ (2,000,000) $ 0