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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 439,251 $ 254,454
Accounts receivable, net:    
Oil, natural gas, and NGL sales 432,694 362,262
Joint interest and other 95,253 66,390
Prepaid expenses and other 31,064 21,052
Inventory of oilfield equipment 21,195 12,386
Derivative assets 0 3,393
Total current assets 1,019,457 719,937
Property and equipment (successful efforts method):    
Proved properties 6,132,620 5,457,213
Less: accumulated depreciation, depletion, and amortization (803,774) (430,201)
Total proved properties, net 5,328,846 5,027,012
Unproved properties 666,821 688,895
Wells in progress 303,071 177,296
Other property and equipment, net of accumulated depreciation of $6,072 in 2022 and $4,742 in 2021 50,243 51,639
Total property and equipment, net 6,348,981 5,944,842
Right-of-use assets 31,487 39,885
Deferred income tax assets 0 22,284
Other noncurrent assets 14,505 14,085
Total assets 7,414,430 6,741,033
Current liabilities:    
Accounts payable and accrued expenses 306,270 246,188
Production taxes payable 303,182 144,408
Oil and natural gas revenue distribution payable 494,091 466,233
Lease liability 17,452 18,873
Derivative liability 278,600 219,804
Income tax payable 50,385 0
Asset retirement obligations 24,000 24,000
Total current liabilities 1,473,980 1,119,506
Long-term liabilities:    
Senior notes 392,508 491,710
Lease liability 14,576 21,398
Ad valorem taxes 186,603 232,147
Derivative liability 43,225 19,959
Deferred income tax liabilities 107,884 0
Asset retirement obligations 203,104 201,315
Total liabilities 2,421,880 2,086,035
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock, $.01 par value, 25,000,000 shares authorized, none outstanding 0 0
Common stock, $.01 par value, 225,000,000 shares authorized, 85,031,963 and 84,572,846 issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 4,917 4,912
Additional paid-in capital 4,197,790 4,199,108
Retained earnings 789,843 450,978
Total stockholders’ equity 4,992,550 4,654,998
Total liabilities and stockholders’ equity $ 7,414,430 $ 6,741,033