v3.20.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 14,800 $ 13,341
Accounts receivable, net 93,006 209,463
Fair value of derivatives 224,665 26,056
Other current assets 24,280 19,814
Total current assets 356,751 268,674
Oil and natural gas properties, full cost accounting method:    
Evaluated properties 5,036,095 4,682,994
Unevaluated properties 1,809,104 1,986,124
Total oil and natural gas properties, net 6,845,199 6,669,118
Operating lease right-of-use assets 56,050 63,908
Other property and equipment, net 33,216 35,253
Deferred tax asset 51,250 115,720
Deferred financing costs 21,383 22,233
Fair value of derivatives 1,983 9,216
Other assets, net 14,129 10,716
Total assets 7,379,961 7,194,838
Current liabilities:    
Accounts payable and accrued liabilities 525,326 511,622
Operating lease liabilities 37,686 42,858
Fair value of derivatives 4,851 71,197
Other current liabilities 15,905 26,570
Total current liabilities 583,768 652,247
Long-term debt 3,250,912 3,186,109
Operating lease liabilities 35,746 37,088
Asset retirement obligations 50,531 48,860
Deferred tax liability 0 0
Fair value of derivatives 4,257 32,695
Other long-term liabilities 11,844 14,531
Total liabilities 3,937,058 3,971,530
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value, 525,000,000 shares authorized; 396,738,180 and 396,600,022 shares outstanding, respectively 3,967 3,966
Capital in excess of par value 3,201,105 3,198,076
Retained earnings 237,831 21,266
Total stockholders’ equity 3,442,903 3,223,308
Total liabilities and stockholders’ equity $ 7,379,961 $ 7,194,838

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