v3.24.0.1
CONSOLIDATED BALANCE SHEETS (in thousands, except share data) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 616,164 $ 444,998
Accounts receivable 231,165 233,297
Derivative assets 56,442 48,677
Prepaid expenses and other 12,668 10,231
Total current assets 916,439 737,203
Property and equipment (successful efforts method):    
Proved oil and gas properties 11,477,358 10,258,368
Accumulated depletion, depreciation, and amortization (6,830,253) (6,188,147)
Unproved oil and gas properties, net of valuation allowance of $35,362 and $38,008, respectively 335,620 487,192
Wells in progress 358,080 287,267
Other property and equipment, net of accumulated depreciation of $59,669 and $56,512, respectively 35,615 38,099
Total property and equipment, net 5,376,420 4,882,779
Noncurrent assets:    
Derivative assets 8,672 24,465
Other noncurrent assets 78,454 71,592
Total noncurrent assets 87,126 96,057
Total assets 6,379,985 5,716,039
Current liabilities:    
Accounts payable and accrued expenses 611,598 532,289
Derivative liabilities 6,789 56,181
Other current liabilities 15,425 10,114
Total current liabilities 633,812 598,584
Noncurrent liabilities:    
Revolving credit facility 0 0
Senior Notes, net 1,575,334 1,572,210
Asset retirement obligations 118,774 108,233
Net deferred tax liabilities 369,903 280,811
Derivative liabilities 1,273 1,142
Other noncurrent liabilities 65,039 69,601
Total noncurrent liabilities 2,130,323 2,031,997
Commitments and contingencies (note 6)
Stockholders’ equity:    
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued and outstanding: 115,745,393 and 121,931,676 shares, respectively 1,157 1,219
Additional paid-in capital 1,565,021 1,779,703
Retained earnings 2,052,279 1,308,558
Accumulated other comprehensive loss (2,607) (4,022)
Total stockholders’ equity 3,615,850 3,085,458
Total liabilities and stockholders’ equity $ 6,379,985 $ 5,716,039

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