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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 129,989 $ 43,902
Receivables:    
Crude oil and natural gas sales 671,004 671,665
Affiliated parties 58 63
Joint interest and other, net 506,301 426,585
Derivative assets 203 2,603
Inventories 115,310 97,406
Prepaid expenses and other 18,424 9,501
Total current assets 1,441,289 1,251,725
Net property and equipment, based on successful efforts method of accounting 13,339,571 12,933,789
Other noncurrent assets 17,620 14,137
Total assets 14,798,480 14,199,651
Current liabilities:    
Accounts payable trade 811,965 692,908
Revenues and royalties payable 380,651 374,831
Payables to affiliated parties 237 143
Accrued liabilities and other 280,199 260,074
Derivative liabilities 9,065 0
Current portion of long-term debt 2,322 2,286
Total current liabilities 1,484,439 1,330,242
Long-term debt, net of current portion 6,164,221 6,351,405
Other noncurrent liabilities:    
Deferred income tax liabilities, net 1,406,326 1,259,558
Asset retirement obligations, net of current portion 117,924 111,794
Other noncurrent liabilities 12,082 15,449
Total other noncurrent liabilities 1,536,332 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; 376,030,797 shares issued and outstanding at June 30, 2018; 375,219,769 shares issued and outstanding at December 31, 2017 3,760 3,752
Additional paid-in capital 1,415,175 1,409,326
Accumulated other comprehensive income 325 307
Retained earnings 4,194,228 3,717,818
Total shareholders’ equity 5,613,488 5,131,203
Total liabilities and shareholders’ equity $ 14,798,480 $ 14,199,651