Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 3,800 $ 20,236
Accounts receivable, net 200,246 133,109
Fair value of derivatives 14,941 921
Other current assets 24,876 24,103
Total current assets 243,863 178,369
Oil and natural gas properties, full cost accounting method:    
Evaluated properties, net 2,517,783 2,355,710
Unevaluated properties 1,697,832 1,733,250
Total oil and natural gas properties, net 4,215,615 4,088,960
Other property and equipment, net 32,805 31,640
Deferred financing costs 20,670 23,643
Other assets, net 33,444 40,256
Total assets 4,546,397 4,362,868
Current liabilities:    
Accounts payable and accrued liabilities 419,434 341,519
Fair value of derivatives 331,702 97,060
Other current liabilities 62,668 58,529
Total current liabilities 813,804 497,108
Long-term debt 2,865,154 2,969,264
Asset retirement obligations 57,546 57,209
Fair value of derivatives 8,204 88,046
Other long-term liabilities 44,401 40,239
Total liabilities 3,789,109 3,651,866
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value, 78,750,000 and 52,500,000 shares authorized; 46,288,813 and 39,758,817 shares outstanding, respectively 463 398
Capital in excess of par value 3,361,282 3,222,959
Accumulated deficit (2,604,457) (2,512,355)
Total stockholders’ equity 757,288 711,002
Total liabilities and stockholders’ equity $ 4,546,397 $ 4,362,868