v3.24.2.u1
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (in thousands, except share data) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 487,869 $ 616,164
Accounts receivable 239,095 231,165
Derivative assets 27,208 56,442
Prepaid expenses and other 20,056 12,668
Total current assets 774,228 916,439
Property and equipment (successful efforts method):    
Proved oil and gas properties 12,164,196 11,477,358
Accumulated depletion, depreciation, and amortization (7,171,277) (6,830,253)
Unproved oil and gas properties, net of valuation allowance of $34,123 and $35,362, respectively 286,312 335,620
Wells in progress 336,900 358,080
Other property and equipment, net of accumulated depreciation of $61,547 and $59,669, respectively 45,402 35,615
Total property and equipment, net 5,661,533 5,376,420
Noncurrent assets:    
Acquisition deposit held in escrow 102,000 0
Derivative assets 7,878 8,672
Other noncurrent assets 111,372 78,454
Total noncurrent assets 221,250 87,126
Total assets 6,657,011 6,379,985
Current liabilities:    
Accounts payable and accrued expenses 563,764 611,598
Derivative liabilities 20,552 6,789
Other current liabilities 17,469 15,425
Total current liabilities 601,785 633,812
Noncurrent liabilities:    
Revolving credit facility 0 0
Senior Notes, net 1,576,896 1,575,334
Asset retirement obligations 124,499 118,774
Net deferred tax liabilities 440,815 369,903
Derivative liabilities 3,305 1,273
Other noncurrent liabilities 65,771 65,039
Total noncurrent liabilities 2,211,286 2,130,323
Commitments and contingencies (note 6)
Stockholders’ equity:    
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued and outstanding: 114,068,885 and 115,745,393 shares, respectively 1,141 1,157
Additional paid-in capital 1,492,859 1,565,021
Retained earnings 2,352,532 2,052,279
Accumulated other comprehensive loss (2,592) (2,607)
Total stockholders’ equity 3,843,940 3,615,850
Total liabilities and stockholders’ equity $ 6,657,011 $ 6,379,985

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