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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 98,145 $ 43,902
Receivables:    
Crude oil and natural gas sales 642,534 671,665
Affiliated parties 73 63
Joint interest and other, net 417,429 426,585
Derivative assets 8,683 2,603
Inventories 107,169 97,406
Prepaid expenses and other 17,022 9,501
Total current assets 1,291,055 1,251,725
Net property and equipment, based on successful efforts method of accounting 13,073,054 12,933,789
Other noncurrent assets 13,408 14,137
Total assets 14,377,517 14,199,651
Current liabilities:    
Accounts payable trade 739,932 692,908
Revenues and royalties payable 393,372 374,831
Payables to affiliated parties 155 143
Accrued liabilities and other 255,412 260,074
Derivative liabilities 102 0
Current portion of long-term debt 2,304 2,286
Total current liabilities 1,391,277 1,330,242
Long-term debt, net of current portion 6,163,775 6,351,405
Other noncurrent liabilities:    
Deferred income tax liabilities, net 1,331,094 1,259,558
Asset retirement obligations, net of current portion 114,840 111,794
Other noncurrent liabilities 15,310 15,449
Total other noncurrent liabilities 1,461,244 1,386,801
Commitments and contingencies (Note 8)  
Shareholders’ equity:    
Preferred stock, $0.01 par value; 25,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 376,057,204 shares issued and outstanding at March 31, 2018; 375,219,769 shares issued and outstanding at December 31, 2017 3,760 3,752
Additional paid-in capital 1,405,388 1,409,326
Accumulated other comprehensive income 309 307
Retained earnings 3,951,764 3,717,818
Total shareholders’ equity 5,361,221 5,131,203
Total liabilities and shareholders’ equity $ 14,377,517 $ 14,199,651