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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 140,113 $ 200,227
Restricted cash 11,578 13,556
Accounts receivable, net 214,724 209,023
Income taxes receivable 6,171 129,795
Inventories 15,270 13,932
Derivative instruments 26,209 31
Other current assets 1,650 1,684
Total current assets 415,715 568,248
Properties and equipment, net (Successful efforts method) 4,044,606 3,855,706
Other assets 63,211 63,291
TOTAL ASSETS 4,523,532 4,487,245
Current liabilities    
Accounts payable 162,081 189,811
Current portion of long-term debt 188,000 87,000
Accrued liabilities 22,374 31,290
Interest payable 17,771 19,933
Total current liabilities 390,226 328,034
Long-term debt, net 945,924 1,133,025
Deferred income taxes 774,195 702,104
Asset retirement obligations 85,489 71,598
Postretirement benefits 30,713 32,713
Other liabilities 81,278 68,284
Total liabilities 2,307,825 2,335,758
Commitments and contingencies
Stockholders' equity    
Common stock: Authorized — 960,000,000 shares of $0.10 par value in 2020 and 2019, respectively and Issued — 476,881,991 shares and 476,881,991 shares in 2020 and 2019, respectively 47,783 47,688
Additional paid-in capital 1,804,354 1,782,427
Retained earnings 2,184,352 2,143,213
Accumulated other comprehensive income 2,419 1,360
Treasury Stock, Value (1,823,201) (1,823,201)
Total stockholders' equity 2,215,707 2,151,487
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 4,523,532 $ 4,487,245