v3.23.2
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (in thousands, except share data) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 378,238 $ 444,998
Accounts receivable 217,794 233,297
Derivative assets 74,138 48,677
Prepaid expenses and other 8,815 10,231
Total current assets 678,985 737,203
Property and equipment (successful efforts method):    
Proved oil and gas properties 10,824,717 10,258,368
Accumulated depletion, depreciation, and amortization (6,494,068) (6,188,147)
Unproved oil and gas properties, net of valuation allowance of $37,904 and $38,008, respectively 524,693 487,192
Wells in progress 332,609 287,267
Other property and equipment, net of accumulated depreciation of $58,203 and $56,512, respectively 43,276 38,099
Total property and equipment, net 5,231,227 4,882,779
Noncurrent assets:    
Derivative assets 12,077 24,465
Other noncurrent assets 70,337 71,592
Total noncurrent assets 82,414 96,057
Total assets 5,992,626 5,716,039
Current liabilities:    
Accounts payable and accrued expenses 530,459 532,289
Derivative liabilities 22,210 56,181
Other current liabilities 11,319 10,114
Total current liabilities 563,988 598,584
Noncurrent liabilities:    
Revolving credit facility 0 0
Senior Notes, net 1,573,772 1,572,210
Asset retirement obligations 113,999 108,233
Deferred income taxes 375,063 280,811
Derivative liabilities 5,894 1,142
Other noncurrent liabilities 61,443 69,601
Total noncurrent liabilities 2,130,171 2,031,997
Commitments and contingencies (note 6)
Stockholders’ equity:    
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued and outstanding: 118,112,105 and 121,931,676 shares, respectively 1,181 1,219
Additional paid-in capital 1,680,080 1,779,703
Retained earnings 1,621,202 1,308,558
Accumulated other comprehensive loss (3,996) (4,022)
Total stockholders’ equity 3,298,467 3,085,458
Total liabilities and stockholders’ equity $ 5,992,626 $ 5,716,039

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