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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 46,250 $ 15,283
Accounts receivable, net of allowance for doubtful accounts of $866 at December 31, 2022 and December 31, 2021 101,713 86,269
Derivative instruments 36,367 0
Other current assets 33,725 45,946
Total current assets 218,055 147,498
Noncurrent assets:    
Oil and natural gas properties 1,725,864 1,537,894
Accumulated depletion and amortization (465,889) (340,328)
Total oil and natural gas properties, net 1,259,975 1,197,566
Other property and equipment 155,619 140,710
Accumulated depreciation (55,781) (36,927)
Total other property and equipment, net 99,838 103,783
Deferred income taxes 42,844 0
Derivative instruments 76 1,070
Other noncurrent assets 10,242 6,562
Total assets 1,631,030 1,456,479
Current liabilities:    
Accounts payable and accrued expenses 203,101 157,524
Derivative instruments 31,106 29,625
Total current liabilities 234,207 187,149
Noncurrent liabilities:    
Long-term debt 395,735 394,566
Derivative instruments 13,642 18,577
Deferred income taxes 0 1,831
Asset retirement obligation 158,491 143,926
Other noncurrent liabilities 28,470 17,782
Commitments and Contingencies - Note 5
Stockholders' Equity:    
Common stock ($0.001 par value; 750,000,000 shares authorized; 86,350,771 and 85,590,417 shares issued; and 75,767,503 and 80,007,149 shares outstanding, at December 31, 2022 and December 31, 2021, respectively) 86 86
Additional paid-in capital 821,443 912,471
Treasury stock, at cost (10,583,268 shares at December 31, 2022 and 5,583,268 shares at December 31, 2021) (103,739) (52,436)
Retained earnings (accumulated deficit) 82,695 (167,473)
Total stockholders' equity 800,485 692,648
Total liabilities and stockholders' equity $ 1,631,030 $ 1,456,479