XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 38,161 $ 80,557
Accounts receivable, net of allowance for doubtful accounts of $1,715 at September 30, 2021 and $2,215 at December 31, 2020 69,315 52,027
Derivative instruments 884 2,507
Other current assets 70,559 19,400
Total current assets 178,919 154,491
Noncurrent assets:    
Oil and natural gas properties 1,483,389 1,412,566
Accumulated depletion and amortization (309,089) (235,259)
Total oil and natural gas properties, net 1,174,300 1,177,307
Other property and equipment 91,052 112,145
Accumulated depreciation (32,129) (31,368)
Total other property and equipment, net 58,923 80,777
Derivative instruments 2,042 0
Other noncurrent assets 15,782 7,235
Total assets 1,429,966 1,419,810
Current liabilities:    
Accounts payable and accrued expenses 154,591 151,985
Derivative instruments 39,467 23,321
Total current liabilities 194,058 175,306
Noncurrent liabilities:    
Long-term debt 394,285 393,480
Derivative instruments 15,603 0
Deferred income taxes 0 1,011
Asset retirement obligations 115,458 135,192
Other noncurrent liabilities 25,666 785
Commitments and Contingencies - Note 4
Stockholders' Equity:    
Common stock ($0.001 par value; 750,000,000 shares authorized; 85,590,417 and 85,041,581 shares issued; and 80,007,149 and 79,929,335 shares outstanding, at September 30, 2021 and December 31, 2020, respectively) 86 85
Additional paid-in-capital 913,544 915,877
Treasury stock, at cost (5,583,268 and 5,112,246 shares at September 30, 2021 and December 31, 2020, respectively) (52,436) (49,995)
Retained deficit (176,298) (151,931)
Total stockholders' equity 684,896 714,036
Total liabilities and stockholders' equity $ 1,429,966 $ 1,419,810
Treasury stock, at cost (in shares) 5,583,268 5,112,246