v3.24.1.u1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (in thousands, except share data) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 506,252 $ 616,164
Accounts receivable 241,731 231,165
Derivative assets 33,913 56,442
Prepaid expenses and other 11,149 12,668
Total current assets 793,045 916,439
Property and equipment (successful efforts method):    
Proved oil and gas properties 11,756,523 11,477,358
Accumulated depletion, depreciation, and amortization (6,994,005) (6,830,253)
Unproved oil and gas properties, net of valuation allowance of $34,934 and $35,362, respectively 335,755 335,620
Wells in progress 380,419 358,080
Other property and equipment, net of accumulated depreciation of $60,606 and $59,669, respectively 34,905 35,615
Total property and equipment, net 5,513,597 5,376,420
Noncurrent assets:    
Derivative assets 7,198 8,672
Other noncurrent assets 84,618 78,454
Total noncurrent assets 91,816 87,126
Total assets 6,398,458 6,379,985
Current liabilities:    
Accounts payable and accrued expenses 496,361 611,598
Derivative liabilities 24,108 6,789
Other current liabilities 15,615 15,425
Total current liabilities 536,084 633,812
Noncurrent liabilities:    
Revolving credit facility 0 0
Senior Notes, net 1,576,115 1,575,334
Asset retirement obligations 124,085 118,774
Net deferred tax liabilities 397,296 369,903
Derivative liabilities 1,369 1,273
Other noncurrent liabilities 65,258 65,039
Total noncurrent liabilities 2,164,123 2,130,323
Commitments and contingencies (note 6)
Stockholders’ equity:    
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued and outstanding: 115,036,144 and 115,745,393 shares, respectively 1,150 1,157
Additional paid-in capital 1,536,929 1,565,021
Retained earnings 2,162,771 2,052,279
Accumulated other comprehensive loss (2,599) (2,607)
Total stockholders’ equity 3,698,251 3,615,850
Total liabilities and stockholders’ equity $ 6,398,458 $ 6,379,985

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