10-Q Filing

DIAMONDBACK ENERGY, INC. CIK: 1539838 Q3 2015

Filing Information

Form Type	10-Q
Accession Number	`0001539838-15-000071`
Period End Date	20150930
Filing Date	20151106
Fiscal Year	2015
Fiscal Period	Q3
XBRL Instance	fang-20150930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 137 Cash Flow Statement 107 Stockholders Equity 27

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Oil and natural gas properties, amortization excluded	`CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative`	$1.10B	USD	Point-in-time
Oil and natural gas properties, amortization excluded	`CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative`	$773.52M	USD	Point-in-time
Common Stock, Par Value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Par Value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$43.83M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.55M	USD	Point-in-time
Shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$500.00K	USD	Point-in-time
Shares Issued	`CommonStockSharesIssued`	56.89M	shares	Point-in-time
Shares Issued	`CommonStockSharesIssued`	66.66M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$500.00K	USD	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	56.89M	shares	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	66.66M	shares	Point-in-time
Joint interest and other	`OilAndGasJointInterestBillingReceivablesAndOtherCurrent`	$41.02M	USD	Point-in-time
Joint interest and other	`OilAndGasJointInterestBillingReceivablesAndOtherCurrent`	$50.94M	USD	Point-in-time
Oil and natural gas sales	`AccountsReceivableOilAndNaturalGasSalesCurrent`	$42.22M	USD	Point-in-time
Oil and natural gas sales	`AccountsReceivableOilAndNaturalGasSalesCurrent`	$43.05M	USD	Point-in-time
Related party	`AccountsReceivableRelatedPartiesCurrent`	-	USD	Point-in-time
Related party	`AccountsReceivableRelatedPartiesCurrent`	$4.00M	USD	Point-in-time
Inventories	`InventoryNet`	$2.83M	USD	Point-in-time
Inventories	`InventoryNet`	$2.60M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	$115.61M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	$40.01M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$4.60M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$3.26M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$251.71M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$173.44M	USD	Point-in-time
Oil and natural gas properties, based on the full cost method of accounting ($1,099,604 and $773,520 excluded from amortization at September 30, 2015 and December 31, 2014, respectively)	`OilAndGasPropertyFullCostMethodGross`	$3.85B	USD	Point-in-time
Oil and natural gas properties, based on the full cost method of accounting ($1,099,604 and $773,520 excluded from amortization at September 30, 2015 and December 31, 2014, respectively)	`OilAndGasPropertyFullCostMethodGross`	$3.12B	USD	Point-in-time
Pipeline and gas gathering assets	`PipelineandGasGatheringAssets`	$7.18M	USD	Point-in-time
Pipeline and gas gathering assets	`PipelineandGasGatheringAssets`	$7.17M	USD	Point-in-time
Other property and equipment	`PropertyPlantAndEquipmentOther`	$48.91M	USD	Point-in-time
Other property and equipment	`PropertyPlantAndEquipmentOther`	$48.18M	USD	Point-in-time
Accumulated depletion, depreciation, amortization and impairment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$382.14M	USD	Point-in-time
Accumulated depletion, depreciation, amortization and impairment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.15B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$2.76B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$2.79B	USD	Point-in-time
Derivative instruments	`DerivativeAssetsNoncurrent`	-	USD	Point-in-time
Derivative instruments	`DerivativeAssetsNoncurrent`	$1.93M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$5.64M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$54.26M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$50.03M	USD	Point-in-time
Total assets	`Assets`	$3.10B	USD	Point-in-time
Total assets	`Assets`	$2.99B	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$26.23M	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$32.01M	USD	Point-in-time
Accrued capital expenditures	`AccruedCapitalExpenditures`	$129.40M	USD	Point-in-time
Accrued capital expenditures	`AccruedCapitalExpenditures`	$58.82M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$76.53M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$41.15M	USD	Point-in-time
Revenues and royalties payable	`DeferredRevenueAndRoyaltiesPayableCurrent`	$20.42M	USD	Point-in-time
Revenues and royalties payable	`DeferredRevenueAndRoyaltiesPayableCurrent`	$30.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$39.95M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesCurrent`	$12.40M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$200.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$266.73M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$673.50M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$489.00M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$8.45M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$12.66M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$8.12M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$161.59M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$1.11B	USD	Point-in-time
Total liabilities	`Liabilities`	$701.83M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000,000 shares authorized, 66,656,433 issued and outstanding at September 30, 2015; 56,887,583 issued and outstanding at December 31, 2014	`CommonStockValueOutstanding`	$667.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000,000 shares authorized, 66,656,433 issued and outstanding at September 30, 2015; 56,887,583 issued and outstanding at December 31, 2014	`CommonStockValueOutstanding`	$569.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.55B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.22B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$196.27M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$-166.95M	USD	Point-in-time
Total Diamondback Energy, Inc. stockholders equity	`StockholdersEquity`	$2.06B	USD	Point-in-time
Total Diamondback Energy, Inc. stockholders equity	`StockholdersEquity`	$1.75B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$234.20M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$233.31M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.99B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$845.54M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.89B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.29B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.99B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.10B	USD	Point-in-time

Income Statement 137 line items

Line Item	Tag	Value	Unit	Period
Oil sales	`OilSalesRevenue`	$331.45M	USD	3 Qtrs
Oil sales	`OilSalesRevenue`	$101.31M	USD	1 Quarter
Oil sales	`OilSalesRevenue`	$126.41M	USD	1 Quarter
Oil sales	`OilSalesRevenue`	$301.85M	USD	3 Qtrs
Natural gas sales	`NaturalGasSalesRevenue`	$5.67M	USD	1 Quarter
Natural gas sales	`NaturalGasSalesRevenue`	$11.79M	USD	3 Qtrs
Natural gas sales	`NaturalGasSalesRevenue`	$6.01M	USD	3 Qtrs
Natural gas sales	`NaturalGasSalesRevenue`	$2.34M	USD	1 Quarter
Natural gas sales - related party	`RevenueFromRelatedPartiesNaturalGasSales`	$2.64M	USD	3 Qtrs
Natural gas sales - related party	`RevenueFromRelatedPartiesNaturalGasSales`	$6.37M	USD	3 Qtrs
Natural gas sales - related party	`RevenueFromRelatedPartiesNaturalGasSales`	$2.37M	USD	1 Quarter
Natural gas sales - related party	`RevenueFromRelatedPartiesNaturalGasSales`	-	USD	1 Quarter
Natural gas liquid sales	`LiquidNaturalGasSalesRevenue`	$4.97M	USD	1 Quarter
Natural gas liquid sales	`LiquidNaturalGasSalesRevenue`	$9.51M	USD	3 Qtrs
Natural gas liquid sales	`LiquidNaturalGasSalesRevenue`	$13.59M	USD	3 Qtrs
Natural gas liquid sales	`LiquidNaturalGasSalesRevenue`	$3.62M	USD	1 Quarter
Natural gas liquid sales - related party	`RevenueFromRelatedPartiesLiquidNaturalGasSalesRevenue`	-	USD	1 Quarter
Natural gas liquid sales - related party	`RevenueFromRelatedPartiesLiquidNaturalGasSalesRevenue`	$2.54M	USD	3 Qtrs
Natural gas liquid sales - related party	`RevenueFromRelatedPartiesLiquidNaturalGasSalesRevenue`	$4.39M	USD	1 Quarter
Natural gas liquid sales - related party	`RevenueFromRelatedPartiesLiquidNaturalGasSalesRevenue`	$10.81M	USD	3 Qtrs
Total revenues	`OilAndGasRevenue`	$139.13M	USD	1 Quarter
Total revenues	`OilAndGasRevenue`	$111.95M	USD	1 Quarter
Total revenues	`OilAndGasRevenue`	$364.13M	USD	3 Qtrs
Total revenues	`OilAndGasRevenue`	$332.41M	USD	3 Qtrs
Lease operating expenses	`LeaseOperatingExpense`	$32.00M	USD	3 Qtrs
Lease operating expenses	`LeaseOperatingExpense`	$65.12M	USD	3 Qtrs
Lease operating expenses	`LeaseOperatingExpense`	$22.19M	USD	1 Quarter
Lease operating expenses	`LeaseOperatingExpense`	$13.77M	USD	1 Quarter
Lease operating expenses - related party	`OilAndGasPropertyLeaseOperatingExpenseRelatedParty`	-	USD	1 Quarter
Lease operating expenses - related party	`OilAndGasPropertyLeaseOperatingExpenseRelatedParty`	$39.00K	USD	1 Quarter
Lease operating expenses - related party	`OilAndGasPropertyLeaseOperatingExpenseRelatedParty`	$218.00K	USD	3 Qtrs
Lease operating expenses - related party	`OilAndGasPropertyLeaseOperatingExpenseRelatedParty`	-	USD	3 Qtrs
Production and ad valorem taxes	`ProductionTaxExpenseExcludingRelatedParty`	$22.32M	USD	3 Qtrs
Production and ad valorem taxes	`ProductionTaxExpenseExcludingRelatedParty`	$8.63M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpenseExcludingRelatedParty`	$24.88M	USD	3 Qtrs
Production and ad valorem taxes	`ProductionTaxExpenseExcludingRelatedParty`	$8.97M	USD	1 Quarter
Production and ad valorem taxes - related party	`ProductionTaxExpenseRelatedParty`	$153.00K	USD	3 Qtrs
Production and ad valorem taxes - related party	`ProductionTaxExpenseRelatedParty`	$1.03M	USD	3 Qtrs
Production and ad valorem taxes - related party	`ProductionTaxExpenseRelatedParty`	-	USD	1 Quarter
Production and ad valorem taxes - related party	`ProductionTaxExpenseRelatedParty`	$320.00K	USD	1 Quarter
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$426.00K	USD	3 Qtrs
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$3.37M	USD	3 Qtrs
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$110.00K	USD	1 Quarter
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$1.69M	USD	1 Quarter
Gathering and transportation - related party	`GasGatheringTransportationMarketingAndProcessingCostsRelatedParty`	$969.00K	USD	3 Qtrs
Gathering and transportation - related party	`GasGatheringTransportationMarketingAndProcessingCostsRelatedParty`	$750.00K	USD	1 Quarter
Gathering and transportation - related party	`GasGatheringTransportationMarketingAndProcessingCostsRelatedParty`	$1.72M	USD	3 Qtrs
Gathering and transportation - related party	`GasGatheringTransportationMarketingAndProcessingCostsRelatedParty`	-	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$169.15M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$52.38M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$45.37M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$116.36M	USD	3 Qtrs
Impairment of oil and gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	1 Quarter
Impairment of oil and gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	3 Qtrs
Impairment of oil and gas properties	`ImpairmentOfOilAndGasProperties`	$273.74M	USD	1 Quarter
Impairment of oil and gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	Annual
Impairment of oil and gas properties	`ImpairmentOfOilAndGasProperties`	$597.19M	USD	3 Qtrs
General and administrative expenses (including non-cash equity based compensation, net of capitalized amounts, of $4,402 and $2,069 for the three months ended September 30, 2015 and 2014, respectively, and $13,659 and $5,387 for the nine months ended September 30, 2015 and 2014, respectively)	`SellingGeneralAndAdministrativeExpense`	$13.89M	USD	3 Qtrs
General and administrative expenses (including non-cash equity based compensation, net of capitalized amounts, of $4,402 and $2,069 for the three months ended September 30, 2015 and 2014, respectively, and $13,659 and $5,387 for the nine months ended September 30, 2015 and 2014, respectively)	`SellingGeneralAndAdministrativeExpense`	$6.86M	USD	1 Quarter
General and administrative expenses (including non-cash equity based compensation, net of capitalized amounts, of $4,402 and $2,069 for the three months ended September 30, 2015 and 2014, respectively, and $13,659 and $5,387 for the nine months ended September 30, 2015 and 2014, respectively)	`SellingGeneralAndAdministrativeExpense`	$6.02M	USD	1 Quarter
General and administrative expenses (including non-cash equity based compensation, net of capitalized amounts, of $4,402 and $2,069 for the three months ended September 30, 2015 and 2014, respectively, and $13,659 and $5,387 for the nine months ended September 30, 2015 and 2014, respectively)	`SellingGeneralAndAdministrativeExpense`	$21.77M	USD	3 Qtrs
General and administrative expenses - related party	`RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty`	$479.00K	USD	1 Quarter
General and administrative expenses - related party	`RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty`	$1.09M	USD	3 Qtrs
General and administrative expenses - related party	`RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty`	$1.67M	USD	3 Qtrs
General and administrative expenses - related party	`RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty`	$665.00K	USD	1 Quarter
Asset retirement obligation accretion expense	`AssetRetirementObligationAccretionExpense`	$303.00K	USD	3 Qtrs
Asset retirement obligation accretion expense	`AssetRetirementObligationAccretionExpense`	$127.00K	USD	1 Quarter
Asset retirement obligation accretion expense	`AssetRetirementObligationAccretionExpense`	$588.00K	USD	3 Qtrs
Asset retirement obligation accretion expense	`AssetRetirementObligationAccretionExpense`	$238.00K	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$366.72M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$189.36M	USD	3 Qtrs
Total costs and expenses	`OperatingExpenses`	$884.87M	USD	3 Qtrs
Total costs and expenses	`OperatingExpenses`	$75.61M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-552.46M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-254.77M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$174.77M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$63.52M	USD	1 Quarter
Interest expense	`InterestExpense`	$31.40M	USD	3 Qtrs
Interest expense	`InterestExpense`	$9.85M	USD	1 Quarter
Interest expense	`InterestExpense`	$24.09M	USD	3 Qtrs
Interest expense	`InterestExpense`	$10.63M	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$1.13M	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$260.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$17.00K	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$17.00K	USD	1 Quarter
Other income - related party	`OtherNonoperatingIncomeRelatedParty`	$40.00K	USD	1 Quarter
Other income - related party	`OtherNonoperatingIncomeRelatedParty`	$31.00K	USD	1 Quarter
Other income - related party	`OtherNonoperatingIncomeRelatedParty`	$118.00K	USD	3 Qtrs
Other income - related party	`OtherNonoperatingIncomeRelatedParty`	$91.00K	USD	3 Qtrs
Other expense	`OtherNonoperatingExpense`	$1.42M	USD	3 Qtrs
Other expense	`OtherNonoperatingExpense`	-	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	$8.00K	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	-	USD	3 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$26.83M	USD	3 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$14.91M	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$27.60M	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$-577.00K	USD	3 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-3.32M	USD	3 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-25.98M	USD	3 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$17.27M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$5.10M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$148.80M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-555.78M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-237.50M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$68.62M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$52.74M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-81.46M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-194.82M	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$23.98M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$96.05M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-156.04M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$44.64M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-360.95M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$739.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.26M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$902.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$973.00K	USD	3 Qtrs
Net income (loss) attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$-363.22M	USD	3 Qtrs
Net income (loss) attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$95.08M	USD	3 Qtrs
Net income (loss) attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$43.74M	USD	1 Quarter
Net income (loss) attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$-156.78M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-2.40	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.85	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-5.88	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.79	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.40	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.79	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-5.88	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.83	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	61.73M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	51.49M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	65.25M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	55.15M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	51.89M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.25M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	55.44M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.73M	shares	3 Qtrs

Cash Flow Statement 107 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$96.05M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-156.04M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$44.64M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-360.95M	USD	3 Qtrs
(Benefit from) provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$48.76M	USD	3 Qtrs
(Benefit from) provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-194.79M	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$-749.00K	USD	3 Qtrs
Excess tax benefit from stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	-	USD	3 Qtrs
Impairment of oil and gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	1 Quarter
Impairment of oil and gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	3 Qtrs
Impairment of oil and gas properties	`ImpairmentOfOilAndGasProperties`	$273.74M	USD	1 Quarter
Impairment of oil and gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	Annual
Impairment of oil and gas properties	`ImpairmentOfOilAndGasProperties`	$597.19M	USD	3 Qtrs
Asset retirement obligation accretion expense	`AssetRetirementObligationAccretionExpense`	$303.00K	USD	3 Qtrs
Asset retirement obligation accretion expense	`AssetRetirementObligationAccretionExpense`	$127.00K	USD	1 Quarter
Asset retirement obligation accretion expense	`AssetRetirementObligationAccretionExpense`	$588.00K	USD	3 Qtrs
Asset retirement obligation accretion expense	`AssetRetirementObligationAccretionExpense`	$238.00K	USD	1 Quarter
Depreciation, depletion, and amortization	`DepreciationDepletionAndAmortizationNetOfDepreciationReportedInOilAndNaturalGasServices`	$116.36M	USD	3 Qtrs
Depreciation, depletion, and amortization	`DepreciationDepletionAndAmortizationNetOfDepreciationReportedInOilAndNaturalGasServices`	$169.15M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.50M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.92M	USD	3 Qtrs
Change in fair value of derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$5.63M	USD	3 Qtrs
Change in fair value of derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-77.53M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$5.39M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$13.66M	USD	3 Qtrs
Gain on sale of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$91.00K	USD	3 Qtrs
Gain on sale of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-1.41M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$33.98M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-13.11M	USD	3 Qtrs
Accounts receivable-related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$2.61M	USD	3 Qtrs
Accounts receivable-related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	-	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-915.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-225.00K	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.68M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-569.00K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.81M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$22.76M	USD	3 Qtrs
Accounts payable and accrued liabilities-related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	3 Qtrs
Accounts payable and accrued liabilities-related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-17.00K	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$8.32M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$11.94M	USD	3 Qtrs
Revenues and royalties payable	`IncreaseDecreaseInDeferredRevenueAndRoyaltiesPayable`	$8.73M	USD	3 Qtrs
Revenues and royalties payable	`IncreaseDecreaseInDeferredRevenueAndRoyaltiesPayable`	$-9.58M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$339.60M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$252.00M	USD	3 Qtrs
Additions to oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$309.01M	USD	3 Qtrs
Additions to oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$326.44M	USD	3 Qtrs
Additions to oil and natural gas properties-related party	`PaymentstoExploreandDevelopOilandGasPropertiesRelatedParty`	$3.41M	USD	3 Qtrs
Additions to oil and natural gas properties-related party	`PaymentstoExploreandDevelopOilandGasPropertiesRelatedParty`	$26.00K	USD	3 Qtrs
Acquisition of mineral interests	`PaymentsToAcquireMineralRights`	$32.29M	USD	3 Qtrs
Acquisition of mineral interests	`PaymentsToAcquireMineralRights`	$57.69M	USD	3 Qtrs
Acquisition of leasehold interests	`PaymentsToAcquireOilAndGasProperty`	$425.51M	USD	3 Qtrs
Acquisition of leasehold interests	`PaymentsToAcquireOilAndGasProperty`	$840.48M	USD	3 Qtrs
Pipeline and gas gathering assets	`PaymentsToAcquireOilAndGasEquipment`	$1.44M	USD	3 Qtrs
Pipeline and gas gathering assets	`PaymentsToAcquireOilAndGasEquipment`	$2.00K	USD	3 Qtrs
Purchase of other property and equipment	`PaymentsToAcquireOtherProductiveAssets`	$43.22M	USD	3 Qtrs
Purchase of other property and equipment	`PaymentsToAcquireOtherProductiveAssets`	$992.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$97.00K	USD	3 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$11.00K	USD	3 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$600.00K	USD	Point-in-time
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$33.85M	USD	3 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$2.70M	USD	3 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$1.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-787.86M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.29B	USD	3 Qtrs
Proceeds from borrowings on credit facility	`ProceedsFromLinesOfCredit`	$425.90M	USD	3 Qtrs
Proceeds from borrowings on credit facility	`ProceedsFromLinesOfCredit`	$392.50M	USD	3 Qtrs
Repayment on credit facility	`RepaymentsOfLinesOfCredit`	$295.90M	USD	3 Qtrs
Repayment on credit facility	`RepaymentsOfLinesOfCredit`	$577.00M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$303.00K	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.36M	USD	3 Qtrs
Public offering costs	`PaymentsOfStockIssuanceCosts`	$586.00K	USD	3 Qtrs
Public offering costs	`PaymentsOfStockIssuanceCosts`	$2.20M	USD	3 Qtrs
Proceeds from public offerings	`ProceedsFromIssuanceOfCommonStock`	$650.69M	USD	3 Qtrs
Proceeds from public offerings	`ProceedsFromIssuanceOfCommonStock`	$928.43M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.72M	USD	3 Qtrs
Exercise of stock options	`ProceedsFromStockOptionsExercised`	$5.13M	USD	3 Qtrs
Excess tax benefits of stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$3.17M	USD	3 Qtrs
Excess tax benefits of stock-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	-	USD	3 Qtrs
Distribution to non-controlling interest	`PaymentsToMinorityShareholders`	$6.11M	USD	3 Qtrs
Distribution to non-controlling interest	`PaymentsToMinorityShareholders`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$461.90M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.06B	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$13.64M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$25.09M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$43.83M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$30.18M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$40.64M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.55M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$43.83M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$30.18M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$40.64M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$15.55M	USD	Point-in-time
Interest paid, net of capitalized interest	`InterestPaidNet`	$12.73M	USD	3 Qtrs
Interest paid, net of capitalized interest	`InterestPaidNet`	$21.12M	USD	3 Qtrs
Asset retirement obligation incurred	`AssetRetirementObligationLiabilitiesIncurred`	$567.00K	USD	3 Qtrs
Asset retirement obligation incurred	`AssetRetirementObligationLiabilitiesIncurred`	$448.00K	USD	3 Qtrs
Asset retirement obligation revisions in estimated liability	`AssetRetirementObligationRevisionOfEstimate`	$60.00K	USD	3 Qtrs
Asset retirement obligation revisions in estimated liability	`AssetRetirementObligationRevisionOfEstimate`	$588.00K	USD	3 Qtrs
Asset retirement obligation acquired	`AssetRetirementObligationAdditionalLiabilityIncurred`	$3.12M	USD	3 Qtrs
Asset retirement obligation acquired	`AssetRetirementObligationAdditionalLiabilityIncurred`	$3.68M	USD	3 Qtrs
Change in accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$-70.58M	USD	3 Qtrs
Change in accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$43.87M	USD	3 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$5.12M	USD	3 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$2.04M	USD	1 Quarter
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$1.53M	USD	1 Quarter
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$4.76M	USD	3 Qtrs

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.99B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$845.54M	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.89B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.29B	USD	Point-in-time
Balance at beginning of period, shares	`CommonStockSharesOutstanding`	56.89M	shares	Point-in-time
Balance at beginning of period, shares	`CommonStockSharesOutstanding`	66.66M	shares	Point-in-time
Net proceeds from issuance of common units - Viper Energy Partners LP	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$232.33M	USD	3 Qtrs
Unit-based compensation	`NoncontrollingInterestIncreasefromUnitbasedCompensation`	$1.01M	USD	3 Qtrs
Unit-based compensation	`NoncontrollingInterestIncreasefromUnitbasedCompensation`	$2.96M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.83M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.13M	USD	3 Qtrs
Tax benefits related to stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$3.17M	USD	3 Qtrs
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.11M	USD	3 Qtrs
Common shares issued in public offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$693.38M	USD	3 Qtrs
Common shares issued in public offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$650.07M	USD	3 Qtrs
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$5.22M	USD	3 Qtrs
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.72M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$96.05M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-156.04M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$44.64M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-360.95M	USD	3 Qtrs
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.99B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$845.54M	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.89B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.29B	USD	Point-in-time
Balance at end of period, shares	`CommonStockSharesOutstanding`	56.89M	shares	Point-in-time
Balance at end of period, shares	`CommonStockSharesOutstanding`	66.66M	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.