Balance Sheet Image
v3.20.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Accounts receivable $ 57,013 $ 46,419
Accounts receivable, related parties   125,000
Accrued revenue 254,863 317,886
Derivative instruments 521,459 422,849
Other current assets 8,942 10,731
Total current assets 842,277 922,885
Oil and gas properties, at cost (successful efforts method):    
Unproved properties 1,277,476 1,368,854
Proved properties 11,989,302 11,859,817
Gathering systems and facilities 5,802 5,802
Other property and equipment 72,649 71,895
Property and equipment, gross 13,345,229 13,306,368
Less accumulated depletion, depreciation, and amortization (3,408,099) (3,327,629)
Property and equipment, net 9,937,130 9,978,739
Operating leases right-of-use assets 2,562,945 2,886,500
Derivative instruments 103,514 333,174
Investment in unconsolidated affiliate 279,805 1,055,177
Other assets 18,319 21,094
Total assets 13,743,990 15,197,569
Current liabilities:    
Accounts payable 36,736 14,498
Accounts payable, related parties 73,375 97,883
Accrued liabilities 339,388 400,850
Revenue distributions payable 173,759 207,988
Derivative instruments 3,652 6,721
Short-term lease liabilities 230,499 305,320
Other current liabilities 6,831 6,879
Total current liabilities 864,240 1,040,139
Long-term liabilities:    
Long-term debt 3,518,076 3,758,868
Deferred income tax liability 529,598 781,987
Derivative instruments 2,558 3,519
Long-term lease liabilities 2,334,227 2,583,678
Other liabilities 62,312 58,635
Total liabilities 7,311,011 8,226,826
Commitments and contingencies (Notes 14 and 15)
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 268,390 shares issued and outstanding at December 31, 2019 and June 30, 2020, respectively 2,684 2,959
Additional paid-in capital 6,098,167 6,130,365
Accumulated earnings 35,305 837,419
Total stockholders' equity 6,136,156 6,970,743
Noncontrolling interests 296,823  
Total equity 6,432,979 6,970,743
Total liabilities and equity $ 13,743,990 $ 15,197,569

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