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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 108,481 $ 69,852
Accounts receivable    
Trade, net 244,883 173,241
Joint interest, net 25,875 28,165
Other, net 11,409 18,062
Assets from price risk management activities 3,686 967
Prepaid assets 76,907 48,042
Other current assets 4,244 1,674
Total current assets 475,485 340,003
Property and equipment:    
Proved properties 5,413,489 5,232,479
Unproved properties, not subject to amortization 203,117 219,055
Other property and equipment 30,154 29,091
Total property and equipment 5,646,760 5,480,625
Accumulated depreciation, depletion and amortization (3,294,797) (3,092,043)
Total property and equipment, net 2,351,963 2,388,582
Other long-term assets:    
Assets from price risk management activities 3,051 2,770
Equity method investments 1,131 0
Other well equipment inventory 17,583 17,449
Operating lease assets 5,587 5,714
Other assets 8,300 12,297
Total assets 2,863,100 2,766,815
Current liabilities:    
Accounts payable 102,390 85,815
Accrued liabilities 152,401 130,459
Accrued royalties 80,254 59,037
Current portion of long-term debt 0 6,060
Current portion of asset retirement obligations 55,542 60,311
Liabilities from price risk management activities 239,022 186,526
Accrued interest payable 37,084 37,542
Current portion of operating lease liabilities 1,846 1,715
Other current liabilities 32,797 33,061
Total current liabilities 701,336 600,526
Long-term liabilities:    
Long-term debt, net of discount and deferred financing costs 788,468 956,667
Asset retirement obligations 396,889 373,695
Liabilities from price risk management activities 22,434 13,938
Operating lease liabilities 15,367 16,330
Other long-term liabilities 41,096 45,006
Total liabilities 1,965,590 2,006,162
Commitments and Contingencies (Note 10)
Stockholders' equity:    
Preferred stock, $0.01 par value; 30,000,000 shares authorized and no shares issued or outstanding as of June 30, 2022 and December 31, 2021 0 0
Common stock $0.01 par value; 270,000,000 shares authorized; 82,541,345 and 81,881,477 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 825 819
Additional paid-in capital 1,684,949 1,676,798
Accumulated deficit (788,264) (916,964)
Total stockholdersʼ equity 897,510 760,653
Total liabilities and stockholdersʼ equity $ 2,863,100 $ 2,766,815