Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

v3.21.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Statement of Cash Flows [Abstract]    
Net income (loss) $ (20,021) $ 163,094
Cash flows from operating activities    
Loss on exchange of debt 1,231 0
Depreciation, depletion and amortization 23,884 40,718
Impairments of oil and gas properties 1,811 0
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Net (gains) losses 44,368 (151,119)
Cash settlements and premiums received (paid), net 7,169 269
Deferred income tax expense (benefit) (310) 2,320
Gain (Loss) on Disposition of Other Assets (4) (6)
Noncash Interest Expense 611 823
Share-based compensation 2,246 856
Other, net 6 8
Changes in operating assets and liabilities, net (14,442) 16,048
Net Cash Provided by (Used in) Operating Activities 32,211 72,473
Cash flows from investing activities    
Capital expenditures (34,758) (62,015)
Proceeds from sales of assets, net 4 75
Net cash used in investing activities (34,754) (61,940)
Cash flows from financing activities    
Proceeds from credit facility borrowings 0 46,000
Repayment of credit facility borrowings (85,500) (9,000)
Repayments of 2nd Lien Term 53,140 0
Proceeds from Issuance of Common Limited Partners Units 151,160 0
Proceeds from Issuance of Redeemable Preferred Stock 2 0
Transaction costs of noncontrolling interest paid 5,543 0
Issue costs of noncontrolling interest securities paid (3,758) 0
Debt issuance costs paid (1,830) 0
Net cash provided by financing activities 1,391 37,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total (1,152) 47,533
Cash and cash equivalents – beginning of period 13,020 7,798
Cash and cash equivalents – end of period 11,868 55,331
Cash paid for:    
Interest, net of amounts capitalized 4,888 7,442
Non-cash investing and financing activities:    
Changes in property and equipment related to capital contributions (38,415) 0
Changes in asset retirement obligation related to capital contributions 14 0
Changes in accrued liabilities related to capital expenditures $ 20,246 $ 18,660