CONDENSED CONSOLIDATED BALANCE SHEETS – UNAUDITED - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 6,358	$ 23,681
Accounts receivable, net of allowance for credit losses	154,179	118,594
Derivative assets	9,631	11,478
Prepaid and other current assets	15,989	20,998
Assets held for sale	11,400	11,400
Total current assets	197,557	186,151
Property and equipment, net (full cost method)	1,417,715	1,383,348
Derivative assets	2,912	2,092
Other assets	4,636	5,017
Total assets	1,622,820	1,576,608
Current liabilities
Accounts payable and accrued liabilities	246,189	214,381
Derivative liabilities	149,008	50,372
Current portion of long-term debt	1,925	4,129
Total current liabilities	397,122	268,882
Deferred income taxes	2,073	2,793
Derivative liabilities	42,620	23,815
Other non-current liabilities	9,900	10,358
Long-term debt, net	521,780	601,252
Commitments and contingencies (Note 11)
Equity
Preferred stock of $0.01 par value – 5,000,000 shares authorized; none issued as of March 31, 2022 and December 31, 2021	0	0
Paid-in capital	273,807	273,329
Retained earnings	39,598	49,583
Accumulated other comprehensive loss	(111)	(111)
Ranger Oil shareholders’ equity	314,025	323,532
Noncontrolling interest	335,300	345,976
Total equity	649,325	669,508
Total liabilities and equity	1,622,820	1,576,608
Common Class A
Equity
Common stock	729	729
Common Class B
Equity
Common stock	$ 2	$ 2