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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 304,490 $ 211,974
Accounts receivable, less allowance for doubtful accounts of $255 and 308 302,212 274,669
Contingent consideration receivable 0 8,000
Derivative assets 84,479 341,330
Prepaid assets 12,722 18,159
Other current assets 17,558 15,992
Total current assets 721,461 870,124
Derivative assets 2,619 101,641
Natural gas and oil properties, successful efforts method [1] 11,878,427 11,225,482
Accumulated depletion and depreciation [1] (5,456,727) (5,107,801)
Natural gas and oil properties, successful efforts method, net [1] 6,421,700 6,117,681
Other property and equipment 72,771 72,639
Accumulated depreciation and amortization (70,306) (70,943)
Other property and equipment, net 2,465 1,696
Operating lease right-of-use assets 119,838 23,821
Other assets 79,592 88,922
Total assets 7,347,675 7,203,885
Current liabilities:    
Accounts payable 133,132 110,134
Asset retirement obligations 1,189 2,395
Accrued liabilities 289,148 290,579
Deferred compensation liabilities 21,649 44,149
Accrued interest 36,920 37,261
Derivative liabilities 9,634 222
Operating lease liabilities 87,138 11,584
Divestiture contract obligation 86,991 86,762
Current maturities of long-term debt [2] 608,269 0
Total current liabilities 1,274,070 583,086
Senior notes 1,089,614 1,774,229
Deferred tax liabilities 541,378 561,288
Derivative liabilities 10,488 107
Deferred compensation liabilities 65,233 72,976
Operating lease liabilities 35,737 16,064
Asset retirement obligations and other liabilities 137,181 119,896
Divestiture contract obligation 257,317 310,688
Total liabilities 3,411,018 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, 267,435,419 issued at December 31, 2024 and 265,756,369 shares at December 31, 2023 2,674 2,658
Common stock held in treasury, at cost, 26,766,065 shares at December 31, 2024 and 24,716,065 shares at December 31, 2023 (513,941) (448,681)
Additional paid-in capital 5,927,893 5,879,705
Accumulated other comprehensive income 611 647
Retained deficit (1,480,580) (1,668,778)
Total stockholders' equity 3,936,657 3,765,551
Total liabilities and stockholders' equity $ 7,347,675 $ 7,203,885
[1]

(a)

Includes capitalized asset retirement costs and the associated accumulated amortization.

[2]

(a)

As of December 31, 2024, current maturities include $608.7 million principal amount of our 4.875% senior notes due 2025 ($608.3 million net of deferred financing costs).