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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,813,182 $ 20,868
Receivables:    
Crude oil, natural gas, and natural gas liquids sales 1,500,426 1,122,415
Joint interest and other 429,531 278,753
Allowance for credit losses (2,940) (2,814)
Receivables, Net, Current 1,927,017 1,398,354
Derivative assets 14,149 22,334
Inventories 162,375 105,568
Prepaid expenses and other 47,038 17,266
Total current assets 3,963,761 1,564,390
Net property and equipment, based on successful efforts method of accounting 18,249,221 16,975,465
Investment in unconsolidated affiliates 152,972 0
Operating lease right-of-use assets 25,507 16,370
Derivative Asset, Noncurrent 2,034 13,188
Other noncurrent assets 18,281 21,698
Total assets 22,411,776 18,591,111
Current liabilities:    
Accounts payable trade 940,902 582,317
Revenues and royalties payable 951,029 627,171
Accrued liabilities and other 380,136 285,740
Current portion of income tax liabilities 62,893 0
Derivative liabilities 334,450 899
Current portion of operating leases 4,110 1,674
Current portion of long-term debt 637,739 2,326
Total current liabilities 3,311,259 1,500,127
Long-term debt, net of current portion 5,663,533 6,826,566
Other noncurrent liabilities:    
Deferred income tax liabilities, net 2,564,973 2,139,884
Asset retirement obligations, net of current portion 250,596 215,701
Derivative liabilities, noncurrent 253,250 318
Operating lease liabilities, net of current portion 20,400 13,800
Other noncurrent liabilities 36,018 38,390
Total other noncurrent liabilities 3,125,237 2,408,093
Commitments and contingencies (Note 9)
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; 363,022,746 shares issued and outstanding at September 30, 2022; 364,297,520 shares issued and outstanding at December 31, 2021 3,630 3,643
Additional paid-in capital 1,058,633 1,131,602
Retained earnings 8,872,930 6,340,211
Total shareholders’ equity attributable to Continental Resources 9,935,193 7,475,456
Noncontrolling interests 376,554 380,869
Total Equity 10,311,747 7,856,325
Total liabilities and equity $ 22,411,776 $ 18,591,111