CONDENSED CONSOLIDATED BALANCE SHEETS – UNAUDITED - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 12,354	$ 7,592
Accounts receivable, net of allowance for credit losses	138,546	139,715
Derivative assets	23,756	29,714
Prepaid and other current assets	18,460	22,264
Assets held for sale	1,186	1,186
Total current assets	194,302	200,471
Property and equipment, net	1,874,836	1,809,000
Derivative assets	216	316
Other assets	17,278	4,420
Total assets	2,086,632	2,014,207
Current liabilities
Accounts payable and accrued liabilities	239,792	265,609
Derivative liabilities	32,286	67,933
Total current liabilities	272,078	333,542
Deferred income taxes	7,022	6,216
Derivative liabilities	1,320	3,416
Other non-current liabilities	13,131	9,934
Long-term debt, net	629,480	604,077
Commitments and contingencies (Note 11)
Equity
Preferred stock of $0.01 par value – 5,000,000 shares authorized; none issued as of March 31, 2023 and December 31, 2022	0	0
Paid-in capital	216,941	220,062
Retained earnings	314,801	264,256
Accumulated other comprehensive loss	(96)	(111)
Ranger Oil shareholders’ equity	531,838	484,399
Noncontrolling interest	631,763	572,623
Total equity	1,163,601	1,057,022
Total liabilities and equity	2,086,632	2,014,207
Common Class A
Equity
Common stock	190	190
Common Class B
Equity
Common stock	$ 2	$ 2