Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)

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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net (loss) income $ (1,078,606,000) $ 297,198,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depletion, depreciation and amortization 142,818,000 243,384,000
Impairment of oil and natural gas properties 1,086,225,000 0
Loss (income) from equity investments 10,834,000 121,449,000
Gain on debt extinguishment (49,579,000) 0
Net gain on derivative instruments (125,237,000) (151,095,000)
Net cash receipts (payments) on settled derivative instruments 195,232,000 (1,494,000)
Deferred income tax expense 7,290,000 (179,331,000)
Other, net 9,844,000 11,341,000
Changes in operating assets and liabilities:    
Decrease in accounts receivable—oil and natural gas sales 55,565,000 78,525,000
Decrease (increase) in accounts receivable—joint interest and other 29,159,000 (24,148,000)
(Decrease) increase in accounts payable and accrued liabilities (30,620,000) 3,220,000
Other, net (5,703,000) 720,000
Net cash provided by operating activities 247,222,000 399,769,000
Cash flows from investing activities:    
Additions to oil and natural gas properties (274,851,000) (508,315,000)
Proceeds from sale of oil and natural gas properties 45,185,000 745,000
Additions to other property and equipment (575,000) (4,298,000)
Proceeds from sale of other property and equipment 151,000 130,000
Contributions to equity method investments 0 (432,000)
Distributions from equity method investments 0 1,945,000
Net cash used in investing activities (230,090,000) (510,225,000)
Cash flows from financing activities:    
Principal payments on borrowings (323,322,000) (345,350,000)
Borrowings on line of credit 326,000,000 455,000,000
Repurchases of senior notes (22,827,000) 0
Payments for repurchases of stock under approved stock repurchase program 0 (30,000,000)
Other, net (226,000) (714,000)
Net cash (used in) provided by financing activities (20,375,000) 78,936,000
Net (decrease) increase in cash, cash equivalents and restricted cash (3,243,000) (31,520,000)
Cash, cash equivalents and restricted cash at beginning of period 6,060,000 52,297,000
Cash, cash equivalents and restricted cash at end of period 2,817,000 20,777,000
Supplemental disclosure of cash flow information:    
Interest payments 60,523,000 67,472,000
Income tax receipts 0 (1,794,000)
Supplemental disclosure of non-cash transactions:    
Capitalized stock-based compensation 1,891,000 2,252,000
Asset retirement obligation capitalized 1,553,000 6,230,000
Asset retirement obligation removed due to divestiture (2,033,000) 0
Interest capitalized 710,000 1,771,000
Fair value of contingent consideration asset on date of divestiture 23,090,000 0
Foreign currency translation (loss) gain on equity method investments $ (8,158,000) $ 7,411,000