XML 9 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 343,111 $ 211,974
Accounts receivable, less allowance for doubtful accounts of $308 in 2024 and 2023 167,215 274,669
Contingent consideration receivable 8,000 8,000
Derivative assets 299,987 341,330
Prepaid assets 23,355 18,159
Other current assets 19,972 15,992
Total current assets 861,640 870,124
Derivative assets 78,093 101,641
Natural gas properties, successful efforts method [1] 11,393,388 11,225,482
Accumulated depletion and depreciation [1] (5,193,291) (5,107,801)
Natural gas and oil properties, successful efforts method, net [1] 6,200,097 6,117,681
Other property and equipment 73,642 72,639
Accumulated depreciation and amortization (71,279) (70,943)
Other Property and equipment, net 2,363 1,696
Operating lease right-of-use assets 148,225 23,821
Other assets 81,383 88,922
Total assets 7,371,801 7,203,885
Current liabilities:    
Accounts payable 150,500 110,134
Asset retirement obligations 2,395 2,395
Accrued liabilities 250,430 290,579
Deferred compensation liabilities 34,544 44,149
Accrued interest 27,187 37,261
Derivative liabilities 10,744 222
Operating lease liabilities 81,044 11,584
Divestiture contract obligation 81,432 86,762
Total current liabilities 638,276 583,086
Senior notes 1,755,713 1,774,229
Deferred tax liabilities 577,906 561,288
Derivative liabilities 470 107
Deferred compensation liabilities 80,943 72,976
Operating lease liabilities 70,852 16,064
Asset retirement obligations and other liabilities 122,463 119,896
Divestiture contract obligation 298,411 310,688
Total liabilities 3,545,034 3,438,334
Commitments and contingencies
Stockholders’ Equity    
Preferred stock, $1 par, 10,000,000 shares authorized, none issued and outstanding 0 0
Common stock, $0.01 par, 475,000,000 shares authorized, 267,310,053 issued at March 31, 2024 and 265,756,369 issued at December 31, 2023 2,673 2,658
Common stock held in treasury, at cost, 24,716,065 shares at March 31, 2024 and 24,716,065 shares at December 31, 2023 (448,681) (448,681)
Additional paid-in capital 5,868,617 5,879,705
Accumulated other comprehensive income 632 647
Retained deficit (1,596,474) (1,668,778)
Total stockholders' equity 3,826,767 3,765,551
Total liabilities and stockholders’ equity $ 7,371,801 $ 7,203,885
[1] Includes capitalized asset retirement costs and the associated accumulated amortization.