XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 162,801 $ 207
Accounts receivable, less allowance for doubtful accounts of $308 and $314 217,335 481,050
Contingent consideration receivable 0 24,500
Derivative assets 173,406 925
Other current assets 42,435 32,905
Total current assets 595,977 539,587
Derivative assets 43,614 40,990
Natural gas properties, successful efforts method [1] 11,090,501 10,655,879
Accumulated depletion and depreciation [1] (5,019,169) (4,765,475)
Natural gas and oil properties, successful efforts method, net [1] 6,071,332 5,890,404
Other property and equipment 74,871 74,638
Accumulated depreciation and amortization (73,309) (72,204)
Other Property and equipment, net 1,562 2,434
Operating lease right-of-use assets 37,801 84,070
Other assets 95,649 68,077
Total assets 6,845,935 6,625,562
Current liabilities:    
Accounts payable 132,230 206,738
Asset retirement obligations 4,570 4,570
Accrued liabilities 302,348 442,922
Deferred compensation liabilities 85,592 89,334
Accrued interest 28,714 39,138
Divestiture contract obligation 90,059 86,546
Derivative liabilities 0 151,417
Total current liabilities 643,513 1,020,665
Bank debt 0 9,509
Senior notes 1,773,436 1,832,451
Deferred tax liabilities 482,869 333,571
Derivative liabilities 417 15,495
Deferred compensation liabilities 65,404 99,907
Operating lease liabilities 17,605 20,903
Asset retirement obligations and other liabilities 115,243 112,981
Divestiture contract obligation 299,868 304,074
Total liabilities 3,398,355 3,749,556
Commitments and contingencies
Stockholders’ Equity    
Preferred stock, $1 par, 10,000,000 shares authorized, none issued and outstanding
Common stock, $0.01 par, 475,000,000 shares authorized, 265,755,947 issued at September 30, 2023 and 262,887,265 issued at December 31, 2022 2,658 2,629
Common stock held in treasury, 24,401,065 shares at September 30, 2023 and 24,001,535 shares at December 31, 2022 (439,302) (429,659)
Additional paid-in capital 5,843,249 5,764,970
Accumulated other comprehensive income 495 467
Retained deficit (1,959,520) (2,462,401)
Total stockholders' equity 3,447,580 2,876,006
Total liabilities and stockholders’ equity $ 6,845,935 $ 6,625,562
[1] Includes capitalized asset retirement costs and the associated accumulated amortization.