Balance Sheet Image
v3.20.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Current assets:    
Accounts receivable $ 28,457 $ 46,419
Accounts receivable, related parties   125,000
Accrued revenue 425,314 317,886
Derivative instruments 105,130 422,849
Other current assets 15,238 10,731
Total current assets 574,139 922,885
Oil and gas properties, at cost (successful efforts method):    
Unproved properties 1,175,178 1,368,854
Proved properties 12,260,713 11,859,817
Gathering systems and facilities 5,802 5,802
Other property and equipment 74,361 71,895
Property and equipment, gross 13,516,054 13,306,368
Less accumulated depletion, depreciation, and amortization (3,869,116) (3,327,629)
Property and equipment, net 9,646,938 9,978,739
Operating lease right-of-use assets 2,613,603 2,886,500
Derivative instruments 47,293 333,174
Investment in unconsolidated affiliate 255,082 1,055,177
Other assets 13,790 21,094
Total assets 13,150,845 15,197,569
Current liabilities:    
Accounts payable 26,728 14,498
Accounts payable, related parties 69,860 97,883
Accrued liabilities 343,524 400,850
Revenue distributions payable 198,117 207,988
Derivative instruments 31,242 6,721
Short-term lease liabilities 266,024 305,320
Deferred revenue, VPP 45,257  
Other current liabilities 2,302 6,879
Total current liabilities 983,054 1,040,139
Long-term liabilities:    
Long-term debt 3,001,593 3,758,868
Deferred income tax liability 412,252 781,987
Derivative instruments 99,172 3,519
Long-term lease liabilities 2,348,785 2,583,678
Deferred revenue, VPP 156,024  
Other liabilities 59,694 58,635
Total liabilities 7,060,574 8,226,826
Commitments and contingencies (Notes 15 and 16)
Equity:    
Preferred stock, $0.01 par value; authorized - 50,000 shares; none issued
Common stock, $0.01 par value; authorized - 1,000,000 shares; 295,941 shares and 268,672 shares issued and outstanding at December 31, 2019 and 2020, respectively 2,686 2,959
Additional paid-in capital 6,195,497 6,130,365
Accumulated earnings (deficit) (430,478) 837,419
Total stockholders' equity 5,767,705 6,970,743
Noncontrolling interests 322,566  
Total equity 6,090,271 6,970,743
Total liabilities and equity $ 13,150,845 $ 15,197,569

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