v3.20.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 7,500 $ 13,341
Accounts receivable, net 95,839 209,463
Fair value of derivatives 31,563 26,056
Other current assets 28,828 19,814
Total current assets 163,730 268,674
Oil and natural gas properties, full cost accounting method:    
Evaluated properties 3,777,956 4,682,994
Unevaluated properties 1,762,860 1,986,124
Total oil and natural gas properties, net 5,540,816 6,669,118
Operating lease right-of-use assets 35,926 63,908
Other property and equipment, net 32,444 35,253
Deferred tax asset 0 115,720
Deferred financing costs 25,993 22,233
Other assets, net 11,224 19,932
Total assets 5,810,133 7,194,838
Current liabilities:    
Accounts payable and accrued liabilities 405,596 511,622
Operating lease liabilities 24,355 42,858
Fair value of derivatives 32,683 71,197
Other current liabilities 15,053 26,570
Total current liabilities 477,687 652,247
Long-term debt 3,350,730 3,186,109
Operating lease liabilities 30,729 37,088
Asset retirement obligations 48,765 48,860
Fair value of derivatives 8,678 32,695
Other long-term liabilities 12,160 14,531
Total liabilities 3,928,749 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 3,974 3,966
Capital in excess of par value 3,204,310 3,198,076
Retained earnings (Accumulated deficit) (1,326,900) 21,266
Total stockholders’ equity 1,881,384 3,223,308
Total liabilities and stockholders’ equity $ 5,810,133 $ 7,194,838

Source