XML 17 R7.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash Flows from Operating Activities:    
Net Income (Loss) $ 35,279 $ (5,017)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion, amortization and accretion on discounted liabilities 21,931 19,990
Gain on sale of properties (15,330) (111)
Unrealized (gain) loss on derivative instruments, net (1,918) 7,162
Provision for deferred income taxes 8,775 (1,700)
Changes in operating assets and liabilities:    
Accounts receivable (2,735) (7,120)
Due to related parties 61 (4)
Other assets (308) (655)
Accounts payable (1,114) 6,170
Accrued liabilities 2,705 109
Net Cash Provided by Operating Activities 47,346 18,824
Cash Flows from Investing Activities:    
Capital expenditures (7,972) (11,301)
Proceeds from sale of properties and equipment 15,330 111
Net Cash Provided by (Used in) Investing Activities 7,358 (11,190)
Cash Flows from Financing Activities:    
Purchase of stock for treasury (4,992) 0
Purchase of non-controlling interests 0 (6)
Proceeds from long-term bank debt and other long-term obligations 0 3,000
Repayment of long-term bank debt and other long-term obligations (36,000) (8,000)
Net Cash (Used in) Financing Activities (40,992) (5,006)
Net Increase in Cash and Cash Equivalents 13,712 2,628
Cash and Cash Equivalents at the Beginning of the Period 10,347 996
Cash and Cash Equivalents at the End of the Period 24,059 3,624
Supplemental Disclosures:    
Income taxes paid 61 0
Interest paid $ 714 $ 1,384