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Consolidated balance sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 56,564 $ 14,061
Accounts receivable, net 225,111 238,773
Derivatives 4,495 99,336
Other current assets 26,356 18,749
Total current assets 312,526 370,919
Oil and natural gas properties, full cost method:    
Evaluated properties 12,317,485 11,799,155
Unevaluated properties not being depleted 193,845 195,457
Less: accumulated depletion and impairment (8,094,808) (7,764,697)
Oil and natural gas properties, net 4,416,522 4,229,915
Midstream and other fixed assets, net 131,200 130,293
Property and equipment, net 4,547,722 4,360,208
Derivatives 36,375 51,071
Operating lease right-of-use assets 139,037 144,900
Deferred income taxes 196,413 188,836
Other noncurrent assets, net 31,135 33,647
Total assets 5,263,208 5,149,581
Current liabilities:    
Accounts payable and accrued liabilities 153,117 159,892
Accrued capital expenditures 91,064 91,937
Undistributed revenue and royalties 219,292 194,307
Derivatives 16,537 0
Operating lease liabilities 78,672 70,651
Other current liabilities 58,738 78,802
Total current liabilities 617,420 595,589
Long-term debt, net 1,662,263 1,609,424
Derivatives 152 0
Asset retirement obligations 84,149 81,680
Operating lease liabilities 56,947 71,343
Other noncurrent liabilities 6,379 6,288
Total liabilities 2,427,310 2,364,324
Commitments and contingencies
Stockholders' equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, and zero and 595,104 issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 0 6
Common stock, $0.01 par value, 80,000,000 shares authorized, and 38,164,905 and 35,413,551 issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 382 354
Additional paid-in capital 3,814,475 3,733,775
Accumulated deficit (978,959) (948,878)
Total stockholders' equity 2,835,898 2,785,257
Total liabilities and stockholders' equity $ 5,263,208 $ 5,149,581