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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 37,797 $ 33,637
Accounts receivable:    
Trade, net 243,826 178,977
Joint interest, net 156,287 79,337
Other, net 13,468 19,296
Assets from price risk management activities 16,412 36,152
Prepaid assets 79,870 64,387
Other current assets 18,123 10,389
Total current assets 565,783 422,175
Property and equipment:    
Proved properties 9,435,902 7,906,295
Unproved properties, not subject to amortization 653,143 268,315
Other property and equipment 34,824 34,027
Total property and equipment 10,123,869 8,208,637
Accumulated depreciation, depletion and amortization (4,643,062) (4,168,328)
Total property and equipment, net 5,480,807 4,040,309
Other long-term assets:    
Restricted cash 104,368 102,362
Assets from price risk management activities 2,784 17,551
Equity method investments 109,688 146,049
Other well equipment 62,991 54,277
Notes receivable, net 17,041 16,207
Operating lease assets 12,429 11,418
Other assets 5,964 5,961
Total assets 6,361,855 4,816,309
Current liabilities:    
Accounts payable 91,871 84,193
Accrued liabilities 315,191 227,690
Accrued royalties 84,126 55,051
Current portion of long-term debt 0 33,060
Current portion of asset retirement obligations 78,765 77,581
Liabilities from price risk management activities 51,607 7,305
Accrued interest payable 48,970 42,300
Current portion of operating lease liabilities 3,928 2,666
Other current liabilities 37,181 48,769
Total current liabilities 711,639 578,615
Long-term liabilities:    
Long-term debt 1,435,899 992,614
Asset retirement obligations 1,080,082 819,645
Liabilities from price risk management activities 1,441 795
Operating lease liabilities 17,332 18,211
Other long-term liabilities 389,137 251,278
Total liabilities 3,635,530 2,661,158
Commitments and Contingencies (Note 13)
Stockholders' equity:    
Preferred stock; $0.01 par value; 30,000,000 shares authorized and zero shares issued or outstanding as of June 30, 2024 and December 31, 2023, respectively 0 0
Common stock; $0.01 par value; 270,000,000 shares authorized; 187,339,187 and 127,480,361 shares issued as of June 30, 2024 and December 31, 2023, respectively 1,873 1,275
Additional paid-in capital 3,262,700 2,549,097
Accumulated deficit (447,775) (347,717)
Treasury stock, at cost; 7,204,380 and 3,400,000 shares as of June 30, 2024 and December 31, 2023, respectively (90,473) (47,504)
Total stockholdersʼ equity 2,726,325 2,155,151
Total liabilities and stockholdersʼ equity $ 6,361,855 $ 4,816,309