Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 24,350 $ 20,236
Accounts receivable, net 179,127 133,109
Other current assets 32,878 25,024
Total current assets 236,355 178,369
Oil and natural gas properties, full cost accounting method:    
Evaluated properties, net 2,394,339 2,355,710
Unevaluated properties 1,754,768 1,733,250
Total oil and natural gas properties, net 4,149,107 4,088,960
Other property and equipment, net 31,435 31,640
Deferred financing costs 22,177 23,643
Other assets, net 37,792 40,256
Total assets 4,476,866 4,362,868
Current liabilities:    
Accounts payable and accrued liabilities 374,749 341,519
Fair value of derivatives 224,446 97,060
Other current liabilities 72,854 58,529
Total current liabilities 672,049 497,108
Long-term debt 2,937,239 2,969,264
Asset retirement obligations 55,935 57,209
Fair value of derivatives 1,400 88,046
Other long-term liabilities 42,221 40,239
Total liabilities 3,708,844 3,651,866
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value, 52,500,000 shares authorized; 46,156,854 and 39,758,817 shares outstanding, respectively 462 398
Capital in excess of par value 3,360,322 3,222,959
Accumulated deficit (2,592,762) (2,512,355)
Total stockholders’ equity 768,022 711,002
Total liabilities and stockholders’ equity $ 4,476,866 $ 4,362,868