Balance Sheet Image
v3.20.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Accounts receivable $ 91,944 $ 46,419
Accounts receivable, related parties   125,000
Accrued revenue 201,320 317,886
Derivative instruments 816,444 422,849
Other current assets 10,313 10,731
Total current assets 1,120,021 922,885
Oil and gas properties, at cost (successful efforts method):    
Unproved properties 1,289,770 1,368,854
Proved properties 12,154,162 11,859,817
Gathering systems and facilities 5,802 5,802
Other property and equipment 72,312 71,895
Property and equipment, gross 13,522,046 13,306,368
Less accumulated depletion, depreciation, and amortization (3,527,306) (3,327,629)
Property and equipment, net 9,994,740 9,978,739
Operating leases right-of-use assets 2,814,539 2,886,500
Derivative instruments 284,461 333,174
Investments in unconsolidated affiliates 291,989 1,055,177
Other assets 20,039 21,094
Total assets 14,525,789 15,197,569
Current liabilities:    
Accounts payable 37,909 14,498
Accounts payable, related parties 88,894 97,883
Accrued liabilities 367,444 400,850
Revenue distributions payable 174,654 207,988
Derivative instruments   6,721
Short-term lease liabilities 295,658 305,320
Other current liabilities 7,315 6,879
Total current liabilities 971,874 1,040,139
Long-term liabilities:    
Long-term debt 3,707,787 3,758,868
Deferred income tax liability 672,002 781,987
Derivative instruments 215 3,519
Long-term lease liabilities 2,520,939 2,583,678
Other liabilities 60,432 58,635
Total liabilities 7,933,249 8,226,826
Commitments and contingencies (Notes 13 and 14)
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 268,926 shares issued and outstanding at December 31, 2019 and March 31, 2020, respectively 2,689 2,959
Additional paid-in capital 6,091,242 6,130,365
Accumulated earnings 498,609 837,419
Total equity 6,592,540 6,970,743
Total liabilities and equity $ 14,525,789 $ 15,197,569

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