Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities    
Net Cash Provided by (Used in) Operating Activities $ 189,723 $ 244,213
Net income (loss) (175,034) 67,290
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, depletion and amortization 114,891 129,687
Asset Impairment Charges 271,498 0
Derivative contracts:    
Net (gains) losses (109,879) 30,166
Cash settlements and premiums received (paid), net (65,295) 4,330
Deferred income tax expense (benefit) (31) 2,972
Gain (Loss) on Disposition of Other Assets (14) (118)
Noncash Interest Expense 3,336 2,544
Share-based compensation 2,582 3,101
Other, net 23 39
Changes in operating assets and liabilities, net 17,056 12,862
Cash flows from investing activities    
Payments to Acquire Businesses, Net of Cash Acquired 0 5,956
Capital expenditures (139,010) (291,733)
Proceeds from sales of assets, net 83 215
Net cash used in investing activities (138,927) (297,474)
Cash flows from financing activities    
Proceeds from credit facility borrowings 51,000 62,400
Repayment of credit facility borrowings (89,000) (13,000)
Debt issuance costs paid (78) (2,616)
Net cash provided by (used in) financing activities (38,078) 46,784
Net increase (decrease) in cash and cash equivalents 12,718 (6,477)
Cash and cash equivalents – beginning of period 7,798 17,864
Cash and cash equivalents – end of period 20,516 11,387
Cash paid for:    
Interest, net of amounts capitalized 20,959 24,721
Income Taxes Paid, Net (2,471) 0
Reorganization items, net 0 79
Non-cash investing and financing activities:    
Changes in accounts receivable related to acquisitions 0 (152)
Changes in accrued liabilities related to acquisitions 0 (504)
Changes in other liabilities for asset retirement obligations related to acquisitions 0 83
Changes in accrued liabilities related to capital expenditures $ (30,579) $ 2,672