MTDR: the cash flow

Net income

413,652

-15,818

215,539

200,624

Unrealized loss on derivatives

85,457

-255,474

30,374

19,952

Depletion, depreciation and amortization

315,144

292,704

305,511

305,354

Accretion of asset retirement obligations

2,352

2,268

2,204

2,148

Stock-based compensation expense

6,099

4,518

3,686

6,181

Loss on debt extinguishment

0

-15,587

-

Deferred income tax provision

106,611

-684

-26,189

98,463

Amortization of debt issuance costs and other debt-related costs

3,530

3,538

3,735

3,693

Other non-cash changes

-648

-6,653

7,243

-1,867

Accounts receivable, prepaid expenses and other current assets

-40,055

188,684

-105,261

-16,348

Lease and well equipment inventory

6,172

-1,052

3,010

32,303

Prepaid expenses and other current assets

-

-3,210

Other assets

-

10

-

Other long-term assets

-1,887

-1,375

-

495

Accounts payable, accrued liabilities and other current liabilities

60,808

113,457

-51,638

36,427

Royalties payable

62,649

-13,999

8,160

65,342

Advances from joint interest owners

-17,173

3,062

55,313

-10,031

Other long-term liabilities

-1,851

-2,309

-576

2,767

Net cash provided by operating activities

937,128

470,546

474,449

721,660

Drilling, completion and equipping capital expenditures

367,968

377,375

449,243

347,534

Payments to acquire businesses, net of cash acquired-Ameredev

-

0

Acquisition of oil and natural gas properties

1,167,179

61,655

77,295

136,713

Acquisition of cardinal

37,604

-

Midstream capital expenditures

21,063

17,634

60,310

77,592

Acquisition of midstream assets

6,200

-

Expenditures for other property and equipment

-44

2,132

1,199

1,291

Proceeds from sale of assets and other

-

22,426

-

Proceeds from sale of assets

0

-21,568

-

169

Payments to acquire businesses, net of cash acquired-Advance

-

0

-

Proceeds from sale of equity method investment

0

-

0

Net cash used in investing activities

-1,599,970

-457,938

-588,047

-562,961

Repayments of borrowings under credit agreement

965,000

648,000

527,000

605,000

Borrowings under credit agreement

1,719,000

435,000

640,000

500,000

Repayments of borrowings under san mateo credit facility

76,000

105,000

80,000

100,000

Borrowings under san mateo credit facility

69,000

140,000

148,000

137,000

Cost to amend credit facilities

2,058

134

1,876

67

Proceeds from issuance of senior unsecured notes

0

750,000

0

Cost to issue senior unsecured notes

783

12,126

-

0

Purchase of senior unsecured notes

0

509,670

0

Issuance costs of senior unsecured notes

-

0

-

Proceeds from sale-leaseback financing obligation

0

24,000

-

Proceeds from issuance of common stock

-

0

Payments on sale-leaseback financing obligation

331

-

Repurchases of common stock

11,399

707

5,143

6,457

Dividends paid

46,441

46,817

46,284

38,662

Contributions related to formation of san mateo

8,200

6,900

3,800

0

Contribution related to pronto transaction

-

0

-

Contributions from non-controlling interest owners of less-than-wholly-owned subsidiaries

-

0

Distributions to non-controlling interest owners of less-than-wholly-owned subsidiaries

28,910

30,380

34,300

34,790

Taxes paid related to net share settlement of stock-based compensation

3,589

2,416

138

741

Other

-404

-263

-371

-381

Net cash provided by (used in) financing activities

661,285

387

96,688

-149,098

Change in cash and restricted cash

-1,557

12,995

-16,910

9,601

Cash and restricted cash at beginning of period

92,472

79,477

96,387

94,742

Cash and restricted cash at end of period

90,915

92,472

79,477

96,387

MyFinsight

Cash Flow Overview

Time Plot

Cash Flow

Cash Flow Overview

Time Plot

Cash Flow