Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 3,699 $ 20,236
Accounts receivable, net 216,116 133,109
Fair value of derivatives 18,605 921
Other current assets 30,110 24,103
Total current assets 268,530 178,369
Oil and natural gas properties, full cost accounting method:    
Evaluated properties, net 2,565,601 2,355,710
Unevaluated properties 1,712,428 1,733,250
Total oil and natural gas properties, net 4,278,029 4,088,960
Other property and equipment, net 30,591 31,640
Deferred financing costs 19,274 23,643
Other assets, net 89,992 40,256
Total assets 4,686,416 4,362,868
Current liabilities:    
Accounts payable and accrued liabilities 442,053 341,519
Fair value of derivatives 324,682 97,060
Other current liabilities 61,641 58,529
Total current liabilities 828,376 497,108
Long-term debt 2,809,610 2,969,264
Asset retirement obligations 58,703 57,209
Fair value of derivatives 15,250 88,046
Other long-term liabilities 41,448 40,239
Total liabilities 3,753,387 3,651,866
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value, 78,750,000 and 52,500,000 shares authorized; 46,290,611 and 39,758,817 shares outstanding, respectively 463 398
Capital in excess of par value 3,365,121 3,222,959
Accumulated deficit (2,432,555) (2,512,355)
Total stockholders’ equity 933,029 711,002
Total liabilities and stockholders’ equity $ 4,686,416 $ 4,362,868