v3.25.0.1
CONSOLIDATED BALANCE SHEETS (in thousands, except share data) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 0 $ 616,164
Accounts receivable 360,976 231,165
Derivative assets 48,522 56,442
Prepaid expenses and other 25,201 12,668
Total current assets 434,699 916,439
Property and equipment (successful efforts method):    
Proved oil and gas properties 14,301,502 11,477,358
Accumulated depletion, depreciation, and amortization (7,603,195) (6,830,253)
Unproved oil and gas properties, net of valuation allowance of $32,680 and $35,362, respectively 764,924 335,620
Wells in progress 481,893 358,080
Other property and equipment, net of accumulated depreciation of $61,737 and $59,669, respectively 47,585 35,615
Total property and equipment, net 7,992,709 5,376,420
Noncurrent assets:    
Derivative assets 3,973 8,672
Other noncurrent assets 145,266 78,454
Total noncurrent assets 149,239 87,126
Total assets 8,576,647 6,379,985
Current liabilities:    
Accounts payable and accrued expenses 760,473 611,598
Derivative liabilities 7,058 6,789
Other current liabilities 22,419 15,425
Total current liabilities 789,950 633,812
Noncurrent liabilities:    
Revolving credit facility 68,500 0
Senior Notes, net 2,708,243 1,575,334
Net deferred tax liabilities 545,295 369,903
Asset retirement obligations 145,313 118,774
Derivative liabilities 7,142 1,273
Other noncurrent liabilities 74,947 65,039
Total noncurrent liabilities 3,549,440 2,130,323
Commitments and contingencies (note 6)
Stockholders’ equity:    
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued and outstanding: 114,461,934 and 115,745,393 shares, respectively 1,145 1,157
Additional paid-in capital 1,501,779 1,565,021
Retained earnings 2,735,494 2,052,279
Accumulated other comprehensive loss (1,161) (2,607)
Total stockholders’ equity 4,237,257 3,615,850
Total liabilities and stockholders’ equity $ 8,576,647 $ 6,379,985

Source

HTML PDF
ZIP