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CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 682,138 $ 254,454
Accounts receivable, net:    
Oil, natural gas, and NGL sales 337,946 362,262
Joint interest and other 101,401 66,390
Prepaid expenses and other 33,069 21,052
Inventory of oilfield equipment 27,488 12,386
Derivative assets 5,727 3,393
Total current assets 1,187,769 719,937
Property and equipment (successful efforts method):    
Proved properties 6,538,973 5,457,213
Less: accumulated depreciation, depletion, and amortization (1,010,340) (430,201)
Total proved properties, net 5,528,633 5,027,012
Unproved properties 631,117 688,895
Wells in progress 251,779 177,296
Other property and equipment, net of accumulated depreciation of $6,715 in 2022 and $4,742 in 2021 49,764 51,639
Total property and equipment, net 6,461,293 5,944,842
Long-term derivative assets 2,764 0
Right-of-use assets 28,150 39,885
Deferred income tax assets 0 22,284
Other noncurrent assets 8,821 14,085
Total assets 7,688,797 6,741,033
Current liabilities:    
Accounts payable and accrued expenses 288,720 246,188
Production taxes payable 282,893 144,408
Oil and natural gas revenue distribution payable 494,548 466,233
Lease liability 15,616 18,873
Derivative liability 144,176 219,804
Income tax payable 18,897 0
Asset retirement obligations 24,000 24,000
Total current liabilities 1,268,850 1,119,506
Long-term liabilities:    
Senior notes 392,897 491,710
Lease liability 13,122 21,398
Ad valorem taxes 304,016 232,147
Derivative liability 32,916 19,959
Deferred income tax liabilities 221,904 0
Asset retirement obligations 201,567 201,315
Total liabilities 2,435,272 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, 85,105,363 and 84,572,846 issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 4,917 4,912
Additional paid-in capital 4,204,742 4,199,108
Retained earnings 1,043,866 450,978
Total stockholders’ equity 5,253,525 4,654,998
Total liabilities and stockholders’ equity $ 7,688,797 $ 6,741,033