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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 134 $ 304,490
Accounts receivable, less allowance for doubtful accounts of $250 and $255 234,174 302,212
Derivative assets 46,285 84,479
Prepaid assets 13,095 12,722
Other current assets 25,213 17,558
Total current assets 318,901 721,461
Derivative assets 4,830 2,619
Natural gas and oil properties, net (successful efforts method) [1] 6,535,097 6,421,700
Other Property and equipment, net 2,736 2,465
Operating lease right-of-use assets 170,159 119,838
Other assets 73,388 79,592
Total assets 7,105,111 7,347,675
Current liabilities:    
Accounts payable 124,322 133,132
Asset retirement obligations 1,189 1,189
Accrued liabilities 274,450 289,148
Deferred compensation liabilities 5,798 21,649
Accrued interest 32,100 36,920
Derivative liabilities 1,201 9,634
Operating lease liabilities 63,417 87,138
Divestiture contract obligation 80,657 86,991
Current maturities of long-term debt 0 608,269
Total current liabilities 583,134 1,274,070
Bank debt 121,092 0
Senior notes 1,090,607 1,089,614
Deferred tax liabilities 611,873 541,378
Derivative liabilities 23,187 10,488
Deferred compensation liabilities 64,262 65,233
Operating lease liabilities 109,026 35,737
Asset retirement obligations and other liabilities 143,174 137,181
Divestiture contract obligation 232,062 257,317
Total liabilities 2,978,417 3,411,018
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, 268,553,027 issued at June 30, 2025 and 267,435,419 shares at December 31, 2024 2,686 2,674
Common stock held in treasury, at cost, 30,045,000 shares at June 30, 2025 and 26,766,065 shares at December 31, 2024 (635,181) (513,941)
Additional paid-in capital 5,948,260 5,927,893
Accumulated other comprehensive income 582 611
Retained deficit (1,189,653) (1,480,580)
Total stockholders' equity 4,126,694 3,936,657
Total liabilities and stockholders’ equity $ 7,105,111 $ 7,347,675
[1] Includes capitalized asset retirement costs and the associated accumulated amortization.