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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 134,002 $ 20,019
Accounts receivable, net 220,654 371,181
Inventory 33,000 35,259
Prepaid expenses 8,404 10,011
Derivative instruments 258,290 535
Other current assets 270 346
Total current assets 654,620 437,351
Property, plant and equipment    
Oil and gas properties (successful efforts method) 9,321,389 9,463,038
Other property and equipment 1,383,856 1,279,653
Less: accumulated depreciation, depletion, amortization and impairment (8,556,566) (3,764,915)
Total property, plant and equipment, net 2,148,679 6,977,776
Assets held for sale, net 5,109 21,628
Derivative instruments 3,371 639
Long-term inventory 14,053 13,924
Operating right-of-use assets 16,023 18,497
Other assets 27,980 29,438
Total assets 2,869,835 7,499,253
Current liabilities    
Accounts payable 14,902 17,948
Revenues and production taxes payable 153,011 233,090
Accrued liabilities 244,131 281,079
Accrued interest payable 75,652 37,388
Derivative instruments 0 19,695
Advances from joint interest partners 4,941 4,598
Current operating lease liabilities 4,301 6,182
Other current liabilities 1,736 2,903
Total current liabilities 498,674 602,883
Long-term debt 2,777,932 2,711,573
Deferred income taxes 12,680 267,357
Asset retirement obligations 57,339 56,305
Derivative instruments 0 120
Operating lease liabilities 17,169 17,915
Other liabilities 5,213 6,019
Total liabilities 3,369,007 3,662,172
Commitments and contingencies
Stockholders’ equity (deficit)    
Common stock, $0.01 par value: 900,000,000 shares authorized; 328,033,490 shares issued and 324,124,592 shares outstanding at March 31, 2020 and 324,198,057 shares issued and 321,231,319 shares outstanding at December 31, 2019 3,221 3,189
Treasury stock, at cost: 3,908,898 and 2,966,738 shares at March 31, 2020 and December 31, 2019, respectively (36,189) (33,881)
Additional paid-in capital 3,119,054 3,112,384
Retained earnings (accumulated deficit) (3,756,825) 554,446
Oasis share of stockholders’ equity (deficit) (670,739) 3,636,138
Non-controlling interests 171,567 200,943
Total stockholders’ equity (deficit) (499,172) 3,837,081
Total liabilities and stockholders’ equity (deficit) $ 2,869,835 $ 7,499,253