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Consolidated balance sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 56,798 $ 48,757
Accounts receivable, net 151,807 63,976
Derivatives 4,346 7,893
Other current assets 22,906 15,964
Total current assets 235,857 136,590
Oil and natural gas properties, full cost method:    
Evaluated properties 8,968,668 7,874,932
Unevaluated properties not being depleted 170,033 70,020
Less: accumulated depletion and impairment (7,019,670) (6,817,949)
Oil and natural gas properties, net 2,119,031 1,127,003
Midstream service assets, net 96,528 112,697
Other fixed assets, net 34,590 32,011
Property and equipment, net 2,250,149 1,271,711
Derivatives 32,963 0
Operating lease right-of-use assets 11,514 17,973
Other noncurrent assets, net 21,341 16,336
Total assets 2,551,824 1,442,610
Current liabilities:    
Accounts payable and accrued liabilities 71,386 38,279
Accrued capital expenditures 50,585 28,275
Undistributed revenue and royalties 117,920 24,728
Derivatives 179,809 31,826
Operating lease liabilities 7,742 11,721
Other current liabilities 99,471 62,766
Total current liabilities 526,913 197,595
Long-term debt, net 1,425,858 1,179,266
Derivatives 0 12,051
Asset retirement obligations 69,057 64,775
Operating lease liabilities 5,726 8,918
Other noncurrent liabilities 10,490 1,448
Total liabilities 2,038,044 1,464,053
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized and zero issued as of December 31, 2021 and 2020 0 0
Common stock, $0.01 par value, 22,500,000 shares authorized and 17,074,516 and 12,020,164 issued and outstanding as of December 31, 2021 and 2020, respectively 171 120
Additional paid-in capital 2,788,628 2,398,464
Accumulated deficit (2,275,019) (2,420,027)
Total stockholders' equity 513,780 (21,443)
Total liabilities and stockholders' equity $ 2,551,824 $ 1,442,610