XML 16 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 1,446 $ 969
Accounts receivable, net 125,459 138,343
Fair value of commodity derivatives 89,535 116,549
Other current assets 5,652 5,590
Total Current Assets 222,092 261,451
Property and Equipment:    
Property and Equipment, full cost method 3,709,469 3,597,160
Less - Accumulated depreciation, depletion, and amortization (1,315,364) (1,223,241)
Net Furniture, Fixtures and other equipment 2,394,105 2,373,919
Capitalized Costs, unproved property balance 30,899 28,375
Right of Use Assets 20,658 12,888
Fair value of long-term commodity derivatives 29,432 55,114
Other Long-Term Assets 28,876 31,090
Total Assets 2,695,163 2,734,462
Current Liabilities:    
Accounts payable and accrued liabilities 143,684 98,816
Deferred acquisition liability 50,000 50,000
Fair value of commodity derivatives 26,333 5,509
Accrued capital costs 42,114 31,900
Long-Term Debt, Current Maturities 37,500 28,125
Accrued interest 8,325 9,668
Current lease liability 7,765 4,001
Undistributed oil and gas revenues 37,754 20,425
Total Current Liabilities 353,475 248,444
Long-Term Debt 1,039,469 1,173,766
Non-current Lease Liability 12,955 8,899
Deferred Tax Liabilities 94,077 99,227
Asset Retirement Obligation 11,913 11,584
Fair value of long-term commodity derivatives 8,110 2,504
Other Long-Term Liabilities 0 710
Stockholders' Equity:    
Preferred Stock, Value, Outstanding 0 0
Common stock, $0.01 par value 260 259
Additional paid-in capital 681,099 679,202
Treasury stock held, at cost (11,151) (10,617)
Retained earnings (Accumulated deficit) 504,956 520,484
Total Stockholders' Equity (Deficit) 1,175,164 1,189,328
Total Liabilities and Stockholders' Equity $ 2,695,163 $ 2,734,462
Preferred Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Preferred Stock, Shares Authorized 10,000,000 10,000,000
Preferred Stock, Shares Outstanding 0 0
Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01
Common Stock, Shares Authorized 40,000,000 40,000,000
Common Stock, Shares, Issued 26,027,103 25,914,956
Common Stock, Shares, Outstanding 25,523,808 25,429,610
Treasury Stock, Shares 503,295 485,346