XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (in thousands, except share data) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 401,980 $ 444,998
Accounts receivable 264,511 233,297
Derivative assets 25,524 48,677
Prepaid expenses and other 10,537 10,231
Total current assets 702,552 737,203
Property and equipment (successful efforts method):    
Proved oil and gas properties 11,169,443 10,258,368
Accumulated depletion, depreciation, and amortization (6,680,485) (6,188,147)
Unproved oil and gas properties, net of valuation allowance of $36,286 and $38,008, respectively 526,085 487,192
Wells in progress 236,234 287,267
Other property and equipment, net of accumulated depreciation of $59,133 and $56,512, respectively 41,017 38,099
Total property and equipment, net 5,292,294 4,882,779
Noncurrent assets:    
Derivative assets 5,294 24,465
Other noncurrent assets 78,430 71,592
Total noncurrent assets 83,724 96,057
Total assets 6,078,570 5,716,039
Current liabilities:    
Accounts payable and accrued expenses 540,459 532,289
Derivative liabilities 43,152 56,181
Other current liabilities 15,473 10,114
Total current liabilities 599,084 598,584
Noncurrent liabilities:    
Revolving credit facility 0 0
Senior Notes, net 1,574,553 1,572,210
Asset retirement obligations 115,271 108,233
Deferred income taxes 324,440 280,811
Derivative liabilities 4,595 1,142
Other noncurrent liabilities 56,334 69,601
Total noncurrent liabilities 2,075,193 2,031,997
Commitments and contingencies (note 6)
Stockholders’ equity:    
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued and outstanding: 116,313,887 and 121,931,676 shares, respectively 1,163 1,219
Additional paid-in capital 1,581,110 1,779,703
Retained earnings 1,826,002 1,308,558
Accumulated other comprehensive loss (3,982) (4,022)
Total stockholders’ equity 3,404,293 3,085,458
Total liabilities and stockholders’ equity $ 6,078,570 $ 5,716,039