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Consolidated Balance Sheet - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Current assets    
Cash and cash equivalents $ 11,226 $ 9,730
Accounts receivable, net 204,335 197,409
Inventory 10,648 11,072
Prepaid expenses 7,623 7,328
Derivative instruments 362 139,697
Other current assets 4,355 50
Total current assets 238,549 365,286
Property, plant and equipment    
Oil and gas properties (successful efforts method) 7,296,568 6,284,401
Other property and equipment 618,790 443,265
Less: accumulated depreciation, depletion, amortization and impairment (1,995,791) (1,509,424)
Total property, plant and equipment, net 5,919,567 5,218,242
Assets held for sale 0 26,728
Derivative instruments 0 15,776
Other assets 20,516 23,343
Total assets 6,178,632 5,649,375
Current liabilities    
Accounts payable 4,645 9,983
Revenues and production taxes payable 139,737 132,356
Accrued liabilities 119,173 167,669
Accrued interest payable 39,004 49,413
Derivative instruments 60,469 0
Advances from joint interest partners 7,597 4,647
Other current liabilities 10,490 6,500
Total current liabilities 381,115 370,568
Long-term debt 2,297,214 2,302,584
Deferred income taxes 513,529 608,155
Asset retirement obligations 48,985 35,338
Liabilities held for sale 0 10,228
Derivative instruments 11,714 0
Other liabilities 2,918 3,160
Total liabilities 3,255,475 3,330,033
Commitments and contingencies
Stockholders’ equity    
Common stock, $0.01 par value: 450,000,000 and 300,000,000 shares authorized at December 31, 2016 and 2015, respectively; 237,201,064 shares issued and 236,344,172 shares outstanding at December 31, 2016 and 139,583,990 shares issued and 139,076,064 shares outstanding at December 31, 2015 2,331 1,376
Treasury stock, at cost: 856,892 shares and 507,926 shares at December 31, 2016 and 2015, respectively (15,950) (13,620)
Additional paid-in-capital 2,345,271 1,497,065
Retained earnings 591,505 834,521
Total stockholders’ equity 2,923,157 2,319,342
Total liabilities and stockholders’ equity $ 6,178,632 $ 5,649,375