10-Q Filing

DIAMONDBACK ENERGY, INC. CIK: 1539838 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001539838-16-000253`
Period End Date	20160930
Filing Date	20161108
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	fang-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 104 Cash Flow Statement 99 Stockholders Equity 27

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Oil and natural gas properties, amortization excluded	`CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative`	$1.70B	USD	Point-in-time
Oil and natural gas properties, amortization excluded	`CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative`	$1.11B	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
Shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.18M	USD	Point-in-time
Shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$167.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.11M	USD	Point-in-time
Shares Issued	`CommonStockSharesIssued`	66.80M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$500.00K	USD	Point-in-time
Shares Issued	`CommonStockSharesIssued`	78.07M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$500.00K	USD	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	66.80M	shares	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	78.07M	shares	Point-in-time
Joint interest and other	`OilAndGasJointInterestBillingReceivablesCurrent`	$41.31M	USD	Point-in-time
Joint interest and other	`OilAndGasJointInterestBillingReceivablesCurrent`	$33.03M	USD	Point-in-time
Oil and natural gas sales	`AccountsReceivableGrossCurrent`	$52.47M	USD	Point-in-time
Oil and natural gas sales	`AccountsReceivableGrossCurrent`	$36.00M	USD	Point-in-time
Related party	`AccountsReceivableRelatedPartiesCurrent`	$13.00K	USD	Point-in-time
Related party	`AccountsReceivableRelatedPartiesCurrent`	$1.59M	USD	Point-in-time
Inventories	`InventoryNet`	$1.73M	USD	Point-in-time
Inventories	`InventoryNet`	$1.97M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	-	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	$4.62M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$3.02M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$2.88M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$258.27M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$108.75M	USD	Point-in-time
Oil and natural gas properties, full cost method of accounting ($1,702,426 and $1,106,816 excluded from amortization at September 30, 2016 and December 31, 2015, respectively)	`OilAndGasPropertyFullCostMethodGross`	$3.96B	USD	Point-in-time
Oil and natural gas properties, full cost method of accounting ($1,702,426 and $1,106,816 excluded from amortization at September 30, 2016 and December 31, 2015, respectively)	`OilAndGasPropertyFullCostMethodGross`	$4.94B	USD	Point-in-time
Pipeline and gas gathering assets	`PipelineandGasGatheringAssets`	$7.17M	USD	Point-in-time
Pipeline and gas gathering assets	`PipelineandGasGatheringAssets`	$8.36M	USD	Point-in-time
Other property and equipment	`PropertyPlantAndEquipmentOther`	$58.20M	USD	Point-in-time
Other property and equipment	`PropertyPlantAndEquipmentOther`	$48.62M	USD	Point-in-time
Accumulated depletion, depreciation, amortization and impairment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.78B	USD	Point-in-time
Accumulated depletion, depreciation, amortization and impairment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.41B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$3.22B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$2.60B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$43.43M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$44.35M	USD	Point-in-time
Total assets	`Assets`	$2.75B	USD	Point-in-time
Total assets	`Assets`	$3.53B	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$38.83M	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$20.01M	USD	Point-in-time
Accounts payable-related party	`AccountsPayableRelatedPartiesCurrent`	$2.00K	USD	Point-in-time
Accounts payable-related party	`AccountsPayableRelatedPartiesCurrent`	$217.00K	USD	Point-in-time
Accrued capital expenditures	`AccruedCapitalExpenditures`	$47.81M	USD	Point-in-time
Accrued capital expenditures	`AccruedCapitalExpenditures`	$59.94M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$64.39M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$44.29M	USD	Point-in-time
Revenues and royalties payable	`DeferredRevenueCurrent`	$16.97M	USD	Point-in-time
Revenues and royalties payable	`DeferredRevenueCurrent`	$17.56M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	$6.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$141.42M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$175.03M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$497.81M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$487.81M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesNoncurrent`	-	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesNoncurrent`	$1.81M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$12.52M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$12.66M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$15.74M	USD	Point-in-time
Total liabilities	`Liabilities`	$641.75M	USD	Point-in-time
Total liabilities	`Liabilities`	$690.38M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, 100,000,000 shares authorized, 78,066,147 issued and outstanding at September 30, 2016; 66,797,041 issued and outstanding at December 31, 2015	`CommonStockValueOutstanding`	$668.00K	USD	Point-in-time
Common stock, $0.01 par value, 100,000,000 shares authorized, 78,066,147 issued and outstanding at September 30, 2016; 66,797,041 issued and outstanding at December 31, 2015	`CommonStockValueOutstanding`	$781.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.23B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.06B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-354.36M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-544.99M	USD	Point-in-time
Total Diamondback Energy, Inc. stockholders equity	`StockholdersEquity`	$2.51B	USD	Point-in-time
Total Diamondback Energy, Inc. stockholders equity	`StockholdersEquity`	$1.88B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$233.00M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$320.43M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.11B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.99B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.84B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.29B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.75B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.53B	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Oil sales	`OilSalesRevenue`	$306.70M	USD	3 Qtrs
Oil sales	`OilSalesRevenue`	$126.35M	USD	1 Quarter
Oil sales	`OilSalesRevenue`	$301.85M	USD	3 Qtrs
Oil sales	`OilSalesRevenue`	$101.31M	USD	1 Quarter
Natural gas sales	`NaturalGasProductionRevenue`	$14.43M	USD	3 Qtrs
Natural gas sales	`NaturalGasProductionRevenue`	$6.33M	USD	1 Quarter
Natural gas sales	`NaturalGasProductionRevenue`	$14.46M	USD	3 Qtrs
Natural gas sales	`NaturalGasProductionRevenue`	$5.67M	USD	1 Quarter
Natural gas liquid sales	`LiquidNaturalGasSalesRevenue`	$16.13M	USD	3 Qtrs
Natural gas liquid sales	`LiquidNaturalGasSalesRevenue`	$9.44M	USD	1 Quarter
Natural gas liquid sales	`LiquidNaturalGasSalesRevenue`	$20.93M	USD	3 Qtrs
Natural gas liquid sales	`LiquidNaturalGasSalesRevenue`	$4.97M	USD	1 Quarter
Total revenues	`OilAndGasRevenue`	$332.41M	USD	3 Qtrs
Total revenues	`OilAndGasRevenue`	$342.10M	USD	3 Qtrs
Total revenues	`OilAndGasRevenue`	$111.95M	USD	1 Quarter
Total revenues	`OilAndGasRevenue`	$142.13M	USD	1 Quarter
Lease operating expenses	`LeaseOperatingExpense`	$65.12M	USD	3 Qtrs
Lease operating expenses	`LeaseOperatingExpense`	$22.19M	USD	1 Quarter
Lease operating expenses	`LeaseOperatingExpense`	$22.18M	USD	1 Quarter
Lease operating expenses	`LeaseOperatingExpense`	$59.08M	USD	3 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$25.04M	USD	3 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$8.97M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$25.24M	USD	3 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$9.12M	USD	1 Quarter
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$4.34M	USD	3 Qtrs
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$2.84M	USD	1 Quarter
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$8.06M	USD	3 Qtrs
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$1.69M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$126.69M	USD	3 Qtrs
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`	$44.75M	USD	1 Quarter
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$597.19M	USD	3 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$273.74M	USD	1 Quarter
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$245.54M	USD	3 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$46.37M	USD	1 Quarter
General and administrative expenses (including non-cash equity-based compensation, net of capitalized amounts, of $6,265 and $4,402 for the three months ended September 30, 2016 and 2015, respectively, and $20,643 and $13,659 for the nine months ended September 30, 2016 and 2015, respectively)	`SellingGeneralAndAdministrativeExpense`	$32.41M	USD	3 Qtrs
General and administrative expenses (including non-cash equity-based compensation, net of capitalized amounts, of $6,265 and $4,402 for the three months ended September 30, 2016 and 2015, respectively, and $20,643 and $13,659 for the nine months ended September 30, 2016 and 2015, respectively)	`SellingGeneralAndAdministrativeExpense`	$23.45M	USD	3 Qtrs
General and administrative expenses (including non-cash equity-based compensation, net of capitalized amounts, of $6,265 and $4,402 for the three months ended September 30, 2016 and 2015, respectively, and $20,643 and $13,659 for the nine months ended September 30, 2016 and 2015, respectively)	`SellingGeneralAndAdministrativeExpense`	$7.53M	USD	1 Quarter
General and administrative expenses (including non-cash equity-based compensation, net of capitalized amounts, of $6,265 and $4,402 for the three months ended September 30, 2016 and 2015, respectively, and $20,643 and $13,659 for the nine months ended September 30, 2016 and 2015, respectively)	`SellingGeneralAndAdministrativeExpense`	$9.91M	USD	1 Quarter
Asset retirement obligation accretion expense	`AssetRetirementObligationAccretionExpense`	$270.00K	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
Asset retirement obligation accretion expense	`AssetRetirementObligationAccretionExpense`	$770.00K	USD	3 Qtrs
Total costs and expenses	`OperatingExpenses`	$135.44M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$366.72M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$497.79M	USD	3 Qtrs
Total costs and expenses	`OperatingExpenses`	$884.87M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-155.70M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-552.46M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$6.69M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-254.77M	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$-10.23M	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$-10.63M	USD	1 Quarter
Interest income (expense)	`InterestIncomeExpenseNet`	$-31.40M	USD	3 Qtrs
Interest income (expense)	`InterestIncomeExpenseNet`	$-30.27M	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$300.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$1.25M	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$1.65M	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$907.00K	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$-8.66M	USD	3 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$26.83M	USD	3 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$2.03M	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$27.60M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-37.28M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$17.27M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-7.29M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-3.32M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-600.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-192.98M	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
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$368.00K	USD	3 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-81.46M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-194.82M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-156.04M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-193.35M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-600.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-360.95M	USD	3 Qtrs
Net income (loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.72M	USD	3 Qtrs
Net income (loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$739.00K	USD	1 Quarter
Net income (loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.63M	USD	1 Quarter
Net income (loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.26M	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`	$-190.63M	USD	3 Qtrs
Net income (loss) attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$-156.78M	USD	1 Quarter
Net income (loss) attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$-2.23M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-5.88	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-2.60	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-2.40	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.40	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.60	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-5.88	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	61.73M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	77.17M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	73.32M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	65.25M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	77.17M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	73.32M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.73M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.25M	shares	1 Quarter

Cash Flow Statement 99 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-156.04M	USD	1 Quarter
Net loss	`ProfitLoss`	$-193.35M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-600.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-360.95M	USD	3 Qtrs
Benefit from deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Benefit from deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-194.79M	USD	3 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$597.19M	USD	3 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$273.74M	USD	1 Quarter
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$245.54M	USD	3 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$46.37M	USD	1 Quarter
Asset retirement obligation accretion expense	`AssetRetirementObligationAccretionExpense`	$270.00K	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
Asset retirement obligation accretion expense	`AssetRetirementObligationAccretionExpense`	$770.00K	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$126.69M	USD	3 Qtrs
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`	$44.75M	USD	1 Quarter
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.92M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.02M	USD	3 Qtrs
Change in fair value of derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-12.86M	USD	3 Qtrs
Change in fair value of derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-77.53M	USD	3 Qtrs
Income from equity investment	`IncomeLossFromEquityMethodInvestments`	-	USD	3 Qtrs
Income from equity investment	`IncomeLossFromEquityMethodInvestments`	$65.00K	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$13.66M	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$20.64M	USD	3 Qtrs
(Gain) loss on sale of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-37.00K	USD	3 Qtrs
(Gain) loss on sale of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$91.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-13.11M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$7.60M	USD	3 Qtrs
Accounts receivable-related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-1.58M	USD	3 Qtrs
Accounts receivable-related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	-	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-225.00K	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$241.00K	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-569.00K	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.06M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$22.76M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$10.59M	USD	3 Qtrs
Accounts payable and accrued liabilities-related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	3 Qtrs
Accounts payable and accrued liabilities-related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-216.00K	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$8.56M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$8.32M	USD	3 Qtrs
Revenues and royalties payable	`IncreaseDecreaseInDeferredRevenueAndRoyaltiesPayable`	$-9.58M	USD	3 Qtrs
Revenues and royalties payable	`IncreaseDecreaseInDeferredRevenueAndRoyaltiesPayable`	$595.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$226.35M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$339.60M	USD	3 Qtrs
Additions to oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$241.61M	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`	$637.00K	USD	3 Qtrs
Additions to oil and natural gas properties-related party	`PaymentstoExploreandDevelopOilandGasPropertiesRelatedParty`	$26.00K	USD	3 Qtrs
Acquisition of royalty interests	`PaymentsToAcquireMineralRights`	$137.78M	USD	3 Qtrs
Acquisition of royalty interests	`PaymentsToAcquireMineralRights`	$32.29M	USD	3 Qtrs
Acquisition of leasehold interests	`PaymentsToAcquireOilAndGasProperty`	$425.51M	USD	3 Qtrs
Acquisition of leasehold interests	`PaymentsToAcquireOilAndGasProperty`	$591.78M	USD	3 Qtrs
Additions to pipeline and gas gathering assets	`PaymentsToAcquireOilAndGasEquipment`	$2.00K	USD	3 Qtrs
Additions to pipeline and gas gathering assets	`PaymentsToAcquireOilAndGasEquipment`	$1.19M	USD	3 Qtrs
Purchase of other property and equipment	`PaymentsToAcquireOtherProductiveAssets`	$9.80M	USD	3 Qtrs
Purchase of other property and equipment	`PaymentsToAcquireOtherProductiveAssets`	$992.00K	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.57M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$97.00K	USD	3 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$600.00K	USD	Point-in-time
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$2.70M	USD	3 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$800.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-982.04M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-787.86M	USD	3 Qtrs
Proceeds from borrowings under credit facility	`ProceedsFromLinesOfCredit`	$98.00M	USD	3 Qtrs
Proceeds from borrowings under credit facility	`ProceedsFromLinesOfCredit`	$392.50M	USD	3 Qtrs
Repayment under credit facility	`RepaymentsOfLinesOfCredit`	$89.00M	USD	3 Qtrs
Repayment under credit facility	`RepaymentsOfLinesOfCredit`	$577.00M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$303.00K	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$128.00K	USD	3 Qtrs
Public offering costs	`PaymentsOfStockIssuanceCosts`	$586.00K	USD	3 Qtrs
Public offering costs	`PaymentsOfStockIssuanceCosts`	$800.00K	USD	3 Qtrs
Proceeds from public offerings	`ProceedsFromIssuanceOfCommonStock`	$650.69M	USD	3 Qtrs
Proceeds from public offerings	`ProceedsFromIssuanceOfCommonStock`	$900.67M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$2.72M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$498.00K	USD	3 Qtrs
Distribution to non-controlling interest	`PaymentsToMinorityShareholders`	$6.40M	USD	3 Qtrs
Distribution to non-controlling interest	`PaymentsToMinorityShareholders`	$6.11M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$902.85M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$461.90M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$147.15M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$13.64M	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`	$167.27M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$20.11M	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`	$167.27M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$20.11M	USD	Point-in-time
Interest paid, net of capitalized interest	`InterestPaidNet`	$21.12M	USD	3 Qtrs
Interest paid, net of capitalized interest	`InterestPaidNet`	$19.84M	USD	3 Qtrs
Change in accrued capital expenditures	`IncreaseDecreaseinAccruedCapitalExpenditures`	$-12.13M	USD	3 Qtrs
Change in accrued capital expenditures	`IncreaseDecreaseinAccruedCapitalExpenditures`	$-70.58M	USD	3 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$916.00K	USD	1 Quarter
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$1.53M	USD	1 Quarter
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$5.12M	USD	3 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$5.53M	USD	3 Qtrs

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.11B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.99B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.84B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.29B	USD	Point-in-time
Balance at beginning of period, shares	`CommonStockSharesOutstanding`	66.80M	shares	Point-in-time
Balance at beginning of period, shares	`CommonStockSharesOutstanding`	78.07M	shares	Point-in-time
Net proceeds from issuance of common units - Viper Energy Partners LP	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$93.56M	USD	3 Qtrs
Unit-based compensation	`NoncontrollingInterestIncreasefromUnitbasedCompensation`	$2.97M	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`	$23.19M	USD	3 Qtrs
Distribution to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.11M	USD	3 Qtrs
Distribution to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.40M	USD	3 Qtrs
Common shares issued in public offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$650.07M	USD	3 Qtrs
Common shares issued in public offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$805.84M	USD	3 Qtrs
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$499.00K	USD	3 Qtrs
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$2.72M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-156.04M	USD	1 Quarter
Net loss	`ProfitLoss`	$-193.35M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-600.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-360.95M	USD	3 Qtrs
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.11B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.99B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.84B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.29B	USD	Point-in-time
Balance at end of period, shares	`CommonStockSharesOutstanding`	66.80M	shares	Point-in-time
Balance at end of period, shares	`CommonStockSharesOutstanding`	78.07M	shares	Point-in-time

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