Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.19.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 11,309 $ 16,051
Accounts receivable 114,120 131,720
Fair value of derivatives 25,032 65,114
Other current assets 14,912 9,740
Total current assets 165,373 222,625
Oil and natural gas properties, full cost accounting method:    
Evaluated properties 4,830,499 4,585,020
Less accumulated depreciation, depletion, amortization and impairment (2,458,026) (2,270,675)
Evaluated oil and natural gas properties, net 2,372,473 2,314,345
Unevaluated properties 1,405,993 1,404,513
Total oil and natural gas properties, net 3,778,466 3,718,858
Operating lease right-of-use assets 24,447  
Other property and equipment, net 24,770 21,901
Restricted investments 3,490 3,424
Deferred financing costs 5,081 6,087
Fair value of derivatives 11,209 0
Other assets, net 4,087 6,278
Total assets 4,016,923 3,979,173
Current liabilities:    
Accounts payable and accrued liabilities 243,481 261,184
Operating lease liabilities 19,196  
Accrued interest 25,660 24,665
Cash-settleable restricted stock unit awards 535 1,390
Asset retirement obligations 1,250 3,887
Fair value of derivatives 8,941 10,480
Other current liabilities 1,948 13,310
Total current liabilities 301,011 314,916
Senior secured revolving credit facility 200,000 200,000
Operating lease liabilities 4,995  
Asset retirement obligations 8,294 10,405
Cash-settleable restricted stock unit awards 1,737 2,067
Deferred tax liability 39,007 9,564
Fair value of derivatives 2,573 7,440
Other long-term liabilities 0 100
Total liabilities 1,548,271 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, 300,000,000 shares authorized; 228,372,081 and 227,582,575 shares outstanding, respectively 2,284 2,276
Capital in excess of par value 2,421,559 2,477,278
Retained earnings (accumulated deficit) 44,809 (34,361)
Total stockholders’ equity 2,468,652 2,445,208
Total liabilities and stockholders’ equity 4,016,923 3,979,173
6.125% senior unsecured notes due 2024    
Current liabilities:    
Senior unsecured notes 596,337 595,788
6.375% senior unsecured notes due 2026    
Current liabilities:    
Senior unsecured notes $ 394,317 $ 393,685