Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 4,150 $ 9,882
Accounts receivable, net 347,593 232,436
Fair value of derivatives 0 22,381
Other current assets 33,249 30,745
Total current assets 384,992 295,444
Oil and natural gas properties, full cost accounting method:    
Evaluated properties, net 3,426,156 3,352,821
Unevaluated properties 1,847,790 1,812,827
Total oil and natural gas properties, net 5,273,946 5,165,648
Other property and equipment, net 28,985 28,128
Deferred financing costs 16,543 18,125
Other assets, net 41,054 40,158
Total assets 5,745,520 5,547,503
Current liabilities:    
Accounts payable and accrued liabilities 516,440 569,991
Fair value of derivatives 392,928 185,977
Other current liabilities 163,936 116,523
Total current liabilities 1,073,304 872,491
Long-term debt 2,623,282 2,694,115
Asset retirement obligations 55,160 54,458
Fair value of derivatives 34,434 11,409
Other long-term liabilities 44,750 49,262
Total liabilities 3,830,930 3,681,735
Commitments and contingencies
Stockholders’ equity:    
Common stock, $0.01 par value, 78,750,000 shares authorized; 61,493,753 and 61,370,684 shares outstanding, respectively 615 614
Capital in excess of par value 4,021,442 4,012,358
Accumulated deficit (2,107,467) (2,147,204)
Total stockholders’ equity 1,914,590 1,865,768
Total liabilities and stockholders’ equity $ 5,745,520 $ 5,547,503