v3.19.3.a.u2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 13,341 $ 16,051
Accounts receivable, net 209,463 131,720
Fair value of derivatives 26,056 65,114
Other current assets 19,814 9,740
Total current assets 268,674 222,625
Oil and natural gas properties, full cost accounting method:    
Evaluated properties, net 4,682,994 2,314,345
Unevaluated properties 1,986,124 1,404,513
Total oil and natural gas properties, net 6,669,118 3,718,858
Operating lease right-of-use assets 63,908  
Other property and equipment, net 35,253 21,901
Deferred tax asset 115,720 0
Deferred financing costs 22,233 6,087
Fair value of derivatives 9,216 0
Other assets, net 10,716 9,702
Total assets 7,194,838 3,979,173
Current liabilities:    
Accounts payable and accrued liabilities 511,622 285,849
Operating lease liabilities 42,858  
Fair value of derivatives 71,197 10,480
Other current liabilities 26,570 18,587
Total current liabilities 652,247 314,916
Long-term debt 3,186,109 1,189,473
Operating lease liabilities 37,088  
Asset retirement obligations 48,860 10,405
Deferred tax liability 0 9,564
Fair value of derivatives 32,695 7,440
Other long-term liabilities 14,531 2,167
Total liabilities 3,971,530 1,533,965
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, series A cumulative, $0.01 par value and $50.00 liquidation preference, 2,500,000 shares authorized: 0 and 1,458,948 shares outstanding, respectively 0 15
Common stock, $0.01 par value, 525,000,000 and 300,000,000 shares authorized, respective; 396,600,022 and 227,582,575 shares outstanding, respectively 3,966 2,276
Capital in excess of par 3,198,076 2,477,278
Retained earnings (Accumulated deficit) 21,266 (34,361)
Total stockholders’ equity 3,223,308 2,445,208
Total liabilities and stockholders’ equity $ 7,194,838 $ 3,979,173

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