v3.22.2.2
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
4 Months Ended 5 Months Ended 9 Months Ended
Sep. 30, 2021
May 17, 2021
Sep. 30, 2022
Net Cash Provided by (Used in) Operating Activities [Abstract]      
Net (loss) income $ (670,899) $ 250,994 $ (253,867)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Depletion, depreciation and amortization 94,935 62,764 189,305
Impairment of oil and natural gas properties 117,813 0 0
Impairment of other property and equipment 0 14,568 0
Loss from equity investments 0 342 0
Net loss on derivative instruments 762,134 137,239 1,436,317
Net cash payments on settled derivative instruments (99,574) (3,361) (799,416)
Non-cash reorganization items, net 0 (446,012) 0
Other, net 1,488 1,727 8,303
Changes in operating assets and liabilities, net (41,260) 153,894 (29,560)
Net cash provided by operating activities 164,637 172,155 551,082
Cash flows from investing activities:      
Additions to oil and natural gas properties (119,306) (102,330) (331,994)
Proceeds from sale of oil and natural gas properties 600 15 3,210
Other, net 2,562 4,484 (536)
Net cash used in investing activities (116,144) (97,831) (329,320)
Cash flows from financing activities:      
Debt issuance costs and loan commitment fees (1,225) (7,100) (211)
Dividends on preferred stock 0 0 (4,136)
Proceeds from issuance of preferred stock 0 50,000 0
Repurchase of common stock under Repurchase Program 0 0 (225,791)
Other, net (55) (8) (1,597)
Net cash used in financing activities (103,425) (104,768) (216,735)
Net increase (decrease) in cash, cash equivalents and restricted cash (54,932) (30,444) 5,027
Cash, cash equivalents and restricted cash at beginning of period 59,417 89,861 3,260
Cash, cash equivalents and restricted cash at end of period 4,485 59,417 8,287
Revolving Credit Facility      
Cash flows from financing activities:      
Principals payments on credit facility 0 (318,961) 0
Borrowings on credit facility 0 26,050 0
Credit Facility      
Cash flows from financing activities:      
Principals payments on credit facility 0 0 (1,512,000)
Borrowings on credit facility 0 0 1,527,000
Exit Facility      
Cash flows from financing activities:      
Principals payments on credit facility (409,000) 0 0
Borrowings on credit facility 306,855 302,751 0
D I P Credit Facility      
Cash flows from financing activities:      
Principals payments on credit facility $ 0 $ (157,500) $ 0

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