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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 33,637 $ 44,145
Accounts receivable    
Trade, net 178,977 150,598
Joint interest, net 79,337 54,697
Other, net 19,296 6,684
Assets from price risk management activities 36,152 25,029
Prepaid assets 64,387 84,759
Other current assets 10,389 1,917
Total current assets 422,175 367,829
Property and equipment:    
Proved properties 7,906,295 5,964,340
Unproved properties, not subject to amortization 268,315 154,783
Other property and equipment 34,027 30,691
Total property and equipment 8,208,637 6,149,814
Accumulated depreciation, depletion and amortization (4,168,328) (3,506,539)
Total property and equipment, net 4,040,309 2,643,275
Other long-term assets:    
Restricted cash 102,362 0
Assets from price risk management activities 17,551 7,854
Equity method investments 146,049 1,745
Other well equipment 54,277 25,541
Notes receivable, net 16,207 0
Operating lease assets 11,418 5,903
Other assets 5,961 6,479
Total assets 4,816,309 3,058,626
Current liabilities:    
Accounts payable 84,193 128,174
Accrued liabilities 227,690 219,769
Accrued royalties 55,051 52,215
Current portion of long-term debt 33,060 0
Current portion of asset retirement obligations 77,581 39,888
Liabilities from price risk management activities 7,305 68,370
Accrued interest payable 42,300 36,340
Current portion of operating lease liabilities 2,666 1,943
Other current liabilities 48,769 60,359
Total current liabilities 578,615 607,058
Long-term liabilities:    
Long-term debt 992,614 585,340
Asset retirement obligations 819,645 501,773
Liabilities from price risk management activities 795 7,872
Operating lease liabilities 18,211 14,855
Other long-term liabilities 251,278 176,152
Total liabilities 2,661,158 1,893,050
Commitments and contingencies
Stockholdersʼ Equity:    
Preferred stock; $0.01 par value; 30,000,000 shares authorized and zero shares issued or outstanding as of December 31, 2023 and 2022, respectively 0 0
Common stock; $0.01 par value; 270,000,000 shares authorized; 127,480,361 and 82,570,328 shares issued as of December 31, 2023 and 2022, respectively 1,275 826
Additional paid-in capital 2,549,097 1,699,799
Accumulated deficit (347,717) (535,049)
Treasury stock, at cost; 3,400,000 and zero shares as of December 31, 2023 and 2022, respectively (47,504) 0
Total stockholdersʼ equity 2,155,151 1,165,576
Total liabilities and stockholdersʼ equity $ 4,816,309 $ 3,058,626