Consolidated Balance Sheets - USD ($)	Dec. 31, 2025	Dec. 31, 2024
Current assets
Cash and cash equivalents	$ 189,531,000	$ 36,950,000
Accounts receivable, net	1,116,685,000	1,298,973,000
Inventory	115,713,000	94,299,000
Prepaid expenses	33,767,000	30,875,000
Derivative instruments	77,312,000	35,944,000
Other current assets	5,061,000	82,077,000
Total current assets	1,538,069,000	1,579,118,000
Property, plant and equipment
Oil and gas properties (successful efforts method)	14,848,968,000	12,770,786,000
Other property and equipment	60,395,000	58,158,000
Less: accumulated depreciation, depletion and amortization	(3,572,834,000)	(2,142,775,000)
Total property, plant and equipment, net	11,336,529,000	10,686,169,000
Derivative instruments	8,366,000	5,629,000
Investment in equity securities	119,698,000	142,201,000
Long-term inventory	30,759,000	25,973,000
Operating right-of-use assets	12,749,000	38,004,000
Goodwill	0	530,616,000
Other assets	28,104,000	24,297,000
Total assets	13,074,274,000	13,032,007,000
Current liabilities
Accounts payable	41,795,000	68,751,000
Revenues and production taxes payable	618,258,000	752,742,000
Accrued liabilities	735,386,000	732,296,000
Accrued interest payable	28,594,000	4,693,000
Derivative instruments	0	1,230,000
Current operating lease liabilities	14,656,000	37,629,000
Other current liabilities	11,898,000	86,637,000
Total current liabilities	1,450,587,000	1,683,978,000
Long-term debt	1,479,581,000	842,600,000
Deferred tax liabilities	1,615,850,000	1,496,442,000
Asset retirement obligations	432,802,000	282,369,000
Derivative instruments	0	1,016,000
Operating lease liabilities	10,518,000	15,190,000
Other liabilities	4,982,000	8,150,000
Total liabilities	4,994,320,000	4,329,745,000
Commitments and contingencies (Note 20)
Stockholders’ equity
Common stock, $0.01 par value: 240,000,000 shares authorized, 67,150,747 shares issued and 56,762,243 shares outstanding at December 31, 2025; and 240,000,000 shares authorized, 66,967,779 shares issued and 60,070,893 shares outstanding at December 31, 2024	675,000	673,000
Treasury stock, at cost: 10,388,504 shares at December 31, 2025 and 6,896,886 shares at December 31, 2024	(1,304,092,000)	(936,157,000)
Additional paid-in capital	7,339,735,000	7,336,091,000
Retained earnings	2,043,636,000	2,301,655,000
Total stockholders’ equity	8,079,954,000	8,702,262,000
Total liabilities and stockholders’ equity	$ 13,074,274,000	$ 13,032,007,000

Chord Energy Corp 10-K