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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 44,145 $ 69,852
Accounts receivable    
Trade, net 150,598 173,241
Joint interest, net 54,697 28,165
Other, net 6,684 18,062
Assets from price risk management activities 25,029 967
Prepaid assets 84,759 48,042
Other current assets 1,917 1,674
Total current assets 367,829 340,003
Property and equipment:    
Proved properties 5,964,340 5,232,479
Unproved properties, not subject to amortization 154,783 219,055
Other property and equipment 30,691 29,091
Total property and equipment 6,149,814 5,480,625
Accumulated depreciation, depletion and amortization (3,506,539) (3,092,043)
Total property and equipment, net 2,643,275 2,388,582
Other long-term assets:    
Assets from price risk management activities 7,854 2,770
Equity method investments 1,745 0
Other well equipment inventory 25,541 17,449
Operating lease assets 5,903 5,714
Other assets 6,479 12,297
Total assets 3,058,626 2,766,815
Current liabilities:    
Accounts payable 128,174 85,815
Accrued liabilities 219,769 130,459
Accrued royalties 52,215 59,037
Current portion of long-term debt 0 6,060
Current portion of asset retirement obligations 39,888 60,311
Liabilities from price risk management activities 68,370 186,526
Accrued interest payable 36,340 37,542
Current portion of operating lease liabilities 1,943 1,715
Other current liabilities 60,359 33,061
Total current liabilities 607,058 600,526
Long-term liabilities:    
Long-term debt, net of discount and deferred financing costs 585,340 956,667
Asset retirement obligations 501,773 373,695
Liabilities from price risk management activities 7,872 13,938
Operating lease liabilities 14,855 16,330
Other long-term liabilities 176,152 45,006
Total liabilities 1,893,050 2,006,162
Commitments and contingencies (Note 12)
Stockholdersʼ Equity:    
Preferred stock, $0.01 par value; 30,000,000 shares authorized and no shares issued or outstanding as of December 31, 2022 and 2021 0 0
Common stock $0.01 par value; 270,000,000 shares authorized; 82,570,328 and 81,881,477 shares issued and outstanding as of December 31, 2022 and 2021, respectively 826 819
Additional paid-in capital 1,699,799 1,676,798
Accumulated deficit (535,049) (916,964)
Total stockholdersʼ equity 1,165,576 760,653
Total liabilities and stockholdersʼ equity $ 3,058,626 $ 2,766,815