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Consolidated balance sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 65,137 $ 56,798
Accounts receivable, net 213,549 151,807
Derivatives 5,899 4,346
Other current assets 17,767 22,906
Total current assets 302,352 235,857
Oil and natural gas properties, full cost method:    
Evaluated properties 9,149,982 8,968,668
Unevaluated properties not being depleted 156,899 170,033
Less accumulated depletion and impairment (7,089,265) (7,019,670)
Oil and natural gas properties, net 2,217,616 2,119,031
Midstream service assets, net 94,632 96,528
Other fixed assets, net 35,374 34,590
Total property and equipment, net 2,347,622 2,250,149
Derivatives 33,862 32,963
Other noncurrent assets, net 42,494 32,855
Total assets 2,726,330 2,551,824
Current liabilities:    
Accounts payable and accrued liabilities 73,228 71,386
Accrued capital expenditures 69,018 50,585
Undistributed revenue and royalties 162,233 117,920
Derivatives 365,256 179,809
Other current liabilities 105,767 107,213
Total current liabilities 775,502 526,913
Long-term debt, net 1,421,821 1,425,858
Derivatives 17,450 0
Asset retirement obligations 69,677 69,057
Other noncurrent liabilities 18,092 16,216
Total liabilities 2,302,542 2,038,044
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized and zero issued as of March 31, 2022 and December 31, 2021 0 0
Common stock, $0.01 par value, 22,500,000 shares authorized and 17,302,320 and 17,074,516 issued and outstanding as of March 31, 2022 and December 31, 2021, respectively 173 171
Additional paid-in capital 2,785,415 2,788,628
Accumulated deficit (2,361,800) (2,275,019)
Total stockholders' equity 423,788 513,780
Total liabilities and stockholders' equity $ 2,726,330 $ 2,551,824