Balance Sheet Image
v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Accounts receivable $ 23,770 $ 78,998
Accrued revenue 924,343 591,442
Derivative instruments 954 757
Other current assets 28,587 14,922
Total current assets 977,654 686,119
Oil and gas properties, at cost (successful efforts method):    
Unproved properties 999,273 1,042,118
Proved properties 13,103,294 12,646,303
Gathering systems and facilities 5,802 5,802
Other property and equipment 129,853 116,522
Property and equipment, gross 14,238,222 13,810,745
Less accumulated depletion, depreciation, and amortization (4,587,529) (4,283,700)
Property and equipment, net 9,650,693 9,527,045
Operating leases right-of-use assets 3,541,576 3,419,912
Derivative instruments 7,327 14,369
Investment in unconsolidated affiliate 222,882 232,399
Other assets 13,246 16,684
Total assets 14,413,378 13,896,528
Current liabilities:    
Accounts payable 103,640 24,819
Accounts payable, related parties 74,584 76,240
Accrued liabilities 497,547 457,244
Revenue distributions payable 682,327 444,873
Derivative instruments 612,237 559,851
Short-term lease liabilities 535,347 456,347
Deferred revenue, VPP 32,330 37,603
Other current liabilities 6,010 11,140
Total current liabilities 2,544,022 2,068,117
Long-term liabilities:    
Long-term debt 1,172,828 2,125,444
Deferred income tax liability, net 619,342 318,126
Derivative instruments 445,481 181,806
Long-term lease liabilities 3,007,636 2,964,115
Deferred revenue, VPP 95,514 118,366
Other liabilities 58,293 54,462
Total liabilities 7,943,116 7,830,436
Commitments and contingencies
Equity:    
Preferred stock, $0.01 par value; authorized - 50,000 shares; none issued
Common stock, $0.01 par value; authorized - 1,000,000 shares; 313,930 shares and 303,131 shares issued and outstanding as of December 31, 2021 and September 30, 2022, respectively 3,031 3,139
Additional paid-in capital 5,941,977 6,371,398
Retained earnings (accumulated deficit) 266,468 (617,377)
Total stockholders' equity 6,211,476 5,757,160
Noncontrolling interests 258,786 308,932
Total equity 6,470,262 6,066,092
Total liabilities and equity $ 14,413,378 $ 13,896,528

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