10-Q Filing

DIAMONDBACK ENERGY, INC. CIK: 1539838 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001539838-17-000105`
Period End Date	20170630
Filing Date	20170802
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	fang-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 116 Cash Flow Statement 110 Stockholders Equity 29

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Oil and natural gas properties, amortization excluded	`CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative`	$4.01B	USD	Point-in-time
Oil and natural gas properties, amortization excluded	`CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative`	$1.73B	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
Shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.67B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$218.79M	USD	Point-in-time
Shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.59M	USD	Point-in-time
Shares Issued	`CommonStockSharesIssued`	98.13M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$500.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Shares Issued	`CommonStockSharesIssued`	90.14M	shares	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	98.13M	shares	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	90.14M	shares	Point-in-time
Joint interest and other	`OilAndGasJointInterestBillingReceivablesCurrent`	$49.48M	USD	Point-in-time
Joint interest and other	`OilAndGasJointInterestBillingReceivablesCurrent`	$71.68M	USD	Point-in-time
Oil and natural gas sales	`AccountsReceivableNetCurrent`	$70.35M	USD	Point-in-time
Oil and natural gas sales	`AccountsReceivableNetCurrent`	$82.95M	USD	Point-in-time
Related party	`AccountsReceivableRelatedPartiesCurrent`	$297.00K	USD	Point-in-time
Related party	`AccountsReceivableRelatedPartiesCurrent`	$8.00K	USD	Point-in-time
Inventories	`InventoryNet`	$1.98M	USD	Point-in-time
Inventories	`InventoryNet`	$4.92M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	-	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	$41.73M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$3.46M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$2.99M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$221.34M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.79B	USD	Point-in-time
Oil and natural gas properties, full cost method of accounting ($4,008,388 and $1,730,519 excluded from amortization at June 30, 2017 and December 31, 2016, respectively)	`OilAndGasPropertyFullCostMethodGross`	$8.31B	USD	Point-in-time
Oil and natural gas properties, full cost method of accounting ($4,008,388 and $1,730,519 excluded from amortization at June 30, 2017 and December 31, 2016, respectively)	`OilAndGasPropertyFullCostMethodGross`	$5.16B	USD	Point-in-time
Midstream assets	`PipelineandGasGatheringAssets`	$8.36M	USD	Point-in-time
Midstream assets	`PipelineandGasGatheringAssets`	$95.49M	USD	Point-in-time
Other property, equipment and land	`PropertyPlantAndEquipmentOther`	$71.98M	USD	Point-in-time
Other property, equipment and land	`PropertyPlantAndEquipmentOther`	$58.29M	USD	Point-in-time
Accumulated depletion, depreciation, amortization and impairment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.84B	USD	Point-in-time
Accumulated depletion, depreciation, amortization and impairment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.97B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$6.51B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$3.39B	USD	Point-in-time
Funds held in escrow	`DepositsAssetsNoncurrent`	$121.39M	USD	Point-in-time
Funds held in escrow	`DepositsAssetsNoncurrent`	-	USD	Point-in-time
Derivative instruments	`DerivativeAssetsNoncurrent`	$709.00K	USD	Point-in-time
Derivative instruments	`DerivativeAssetsNoncurrent`	$4.38M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxAssetsNet`	$321.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$49.02M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$44.56M	USD	Point-in-time
Total assets	`Assets`	$6.78B	USD	Point-in-time
Total assets	`Assets`	$5.35B	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$47.65M	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$27.76M	USD	Point-in-time
Accounts payable-related party	`AccountsPayableRelatedPartiesCurrent`	-	USD	Point-in-time
Accounts payable-related party	`AccountsPayableRelatedPartiesCurrent`	$1.00K	USD	Point-in-time
Accrued capital expenditures	`AccruedCapitalExpenditures`	$153.76M	USD	Point-in-time
Accrued capital expenditures	`AccruedCapitalExpenditures`	$60.35M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$55.33M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$89.59M	USD	Point-in-time
Revenues and royalties payable	`DeferredRevenueCurrent`	$23.41M	USD	Point-in-time
Revenues and royalties payable	`DeferredRevenueCurrent`	$52.05M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	$22.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$323.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$209.34M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.11B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.15B	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$16.13M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$13.79M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$19.54M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$2.65M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$1.33B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.50B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, 200,000,000 shares authorized, 98,128,877 issued and outstanding at June 30, 2017; 90,143,934 issued and outstanding at December 31, 2016	`CommonStockValueOutstanding`	$901.00K	USD	Point-in-time
Common stock, $0.01 par value, 200,000,000 shares authorized, 98,128,877 issued and outstanding at June 30, 2017; 90,143,934 issued and outstanding at December 31, 2016	`CommonStockValueOutstanding`	$981.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$5.04B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$4.22B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-519.39M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-224.72M	USD	Point-in-time
Total Diamondback Energy, Inc. stockholders equity	`StockholdersEquity`	$4.82B	USD	Point-in-time
Total Diamondback Energy, Inc. stockholders equity	`StockholdersEquity`	$3.70B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$469.31M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$320.83M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.29B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.02B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.19B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.11B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.35B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$6.78B	USD	Point-in-time

Income Statement 116 line items

Line Item	Tag	Value	Unit	Period
Oil sales	`OilSalesRevenue`	$237.88M	USD	1 Quarter
Oil sales	`OilSalesRevenue`	$180.34M	USD	2 Qtrs
Oil sales	`OilSalesRevenue`	$444.96M	USD	2 Qtrs
Oil sales	`OilSalesRevenue`	$101.33M	USD	1 Quarter
Natural gas sales	`NaturalGasProductionRevenue`	$4.11M	USD	1 Quarter
Natural gas sales	`NaturalGasProductionRevenue`	$22.61M	USD	2 Qtrs
Natural gas sales	`NaturalGasProductionRevenue`	$12.69M	USD	1 Quarter
Natural gas sales	`NaturalGasProductionRevenue`	$8.13M	USD	2 Qtrs
Natural gas liquid sales	`LiquidNaturalGasSalesRevenue`	$32.36M	USD	2 Qtrs
Natural gas liquid sales	`LiquidNaturalGasSalesRevenue`	$16.86M	USD	1 Quarter
Natural gas liquid sales	`LiquidNaturalGasSalesRevenue`	$7.05M	USD	1 Quarter
Natural gas liquid sales	`LiquidNaturalGasSalesRevenue`	$11.49M	USD	2 Qtrs
Lease bonus	`Leasebonus`	-	USD	2 Qtrs
Lease bonus	`Leasebonus`	$2.19M	USD	2 Qtrs
Lease bonus	`Leasebonus`	-	USD	1 Quarter
Lease bonus	`Leasebonus`	$583.00K	USD	1 Quarter
Midstream services	`NaturalGasMidstreamRevenue`	$2.55M	USD	2 Qtrs
Midstream services	`NaturalGasMidstreamRevenue`	$1.42M	USD	1 Quarter
Midstream services	`NaturalGasMidstreamRevenue`	-	USD	2 Qtrs
Midstream services	`NaturalGasMidstreamRevenue`	-	USD	1 Quarter
Total revenues	`OilAndGasRevenue`	$504.66M	USD	2 Qtrs
Total revenues	`OilAndGasRevenue`	$199.96M	USD	2 Qtrs
Total revenues	`OilAndGasRevenue`	$112.48M	USD	1 Quarter
Total revenues	`OilAndGasRevenue`	$269.43M	USD	1 Quarter
Lease operating expenses	`LeaseOperatingExpense`	$28.99M	USD	1 Quarter
Lease operating expenses	`LeaseOperatingExpense`	$36.90M	USD	2 Qtrs
Lease operating expenses	`LeaseOperatingExpense`	$55.62M	USD	2 Qtrs
Lease operating expenses	`LeaseOperatingExpense`	$18.68M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$15.88M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$16.12M	USD	2 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$8.16M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$31.60M	USD	2 Qtrs
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$3.02M	USD	1 Quarter
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$2.43M	USD	1 Quarter
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$5.22M	USD	2 Qtrs
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$5.63M	USD	2 Qtrs
Midstream services	`NaturalGasMidstreamCosts`	$2.68M	USD	2 Qtrs
Midstream services	`NaturalGasMidstreamCosts`	$1.83M	USD	1 Quarter
Midstream services	`NaturalGasMidstreamCosts`	-	USD	1 Quarter
Midstream services	`NaturalGasMidstreamCosts`	-	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$39.87M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$75.17M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$81.94M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$134.10M	USD	2 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	2 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$168.35M	USD	1 Quarter
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$199.17M	USD	2 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	1 Quarter
General and administrative expenses (including non-cash equity-based compensation, net of capitalized amounts, of $6,168 and $6,029 for the three months ended June 30, 2017 and 2016, respectively, and $13,231 and $14,378 for the six months ended June 30, 2017 and 2016, respectively)	`SellingGeneralAndAdministrativeExpense`	$11.89M	USD	1 Quarter
General and administrative expenses (including non-cash equity-based compensation, net of capitalized amounts, of $6,168 and $6,029 for the three months ended June 30, 2017 and 2016, respectively, and $13,231 and $14,378 for the six months ended June 30, 2017 and 2016, respectively)	`SellingGeneralAndAdministrativeExpense`	$22.50M	USD	2 Qtrs
General and administrative expenses (including non-cash equity-based compensation, net of capitalized amounts, of $6,168 and $6,029 for the three months ended June 30, 2017 and 2016, respectively, and $13,231 and $14,378 for the six months ended June 30, 2017 and 2016, respectively)	`SellingGeneralAndAdministrativeExpense`	$25.64M	USD	2 Qtrs
General and administrative expenses (including non-cash equity-based compensation, net of capitalized amounts, of $6,168 and $6,029 for the three months ended June 30, 2017 and 2016, respectively, and $13,231 and $14,378 for the six months ended June 30, 2017 and 2016, respectively)	`SellingGeneralAndAdministrativeExpense`	$9.52M	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$350.00K	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$500.00K	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$673.00K	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$254.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$247.27M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$255.95M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$362.35M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$137.13M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$132.31M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-162.39M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$248.72M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-134.79M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNonoperatingNet`	$-8.24M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNonoperatingNet`	$-20.03M	USD	2 Qtrs
Interest expense	`InterestIncomeExpenseNonoperatingNet`	$-10.02M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNonoperatingNet`	$-20.47M	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$9.47M	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$740.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$8.32M	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$177.00K	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$33.32M	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-10.70M	USD	2 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-12.12M	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$71.02M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$33.40M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-21.97M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-29.99M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$60.02M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$165.71M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$308.74M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-192.38M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-156.75M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$368.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.58M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$368.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.54M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-157.12M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$305.20M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-192.75M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$164.13M	USD	1 Quarter
Net income (loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.35M	USD	2 Qtrs
Net income (loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.52M	USD	2 Qtrs
Net income (loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.63M	USD	1 Quarter
Net income (loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.72M	USD	1 Quarter
Net income (loss) attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$158.41M	USD	1 Quarter
Net income (loss) attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$-155.49M	USD	1 Quarter
Net income (loss) attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$-188.40M	USD	2 Qtrs
Net income (loss) attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$294.68M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-2.17	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.61	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-2.64	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.08	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.17	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.07	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.61	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.64	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	98.14M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	95.67M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.37M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.72M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.72M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.35M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.37M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	95.92M	shares	2 Qtrs

Cash Flow Statement 110 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-157.12M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$305.20M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-192.75M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$164.13M	USD	1 Quarter
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$2.33M	USD	2 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	2 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$168.35M	USD	1 Quarter
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$199.17M	USD	2 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$350.00K	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$500.00K	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$673.00K	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$254.00K	USD	1 Quarter
Depreciation, depletion, and amortization	`DepreciationDepletionandAmortizationExcludingAmortizationofFinancingCosts`	$134.10M	USD	2 Qtrs
Depreciation, depletion, and amortization	`DepreciationDepletionandAmortizationExcludingAmortizationofFinancingCosts`	$81.94M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.81M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.34M	USD	2 Qtrs
Change in fair value of derivative instruments	`DerivativeGainLossOnDerivativeNet`	$-11.59M	USD	1 Quarter
Change in fair value of derivative instruments	`DerivativeGainLossOnDerivativeNet`	$28.64M	USD	1 Quarter
Change in fair value of derivative instruments	`DerivativeGainLossOnDerivativeNet`	$-15.28M	USD	2 Qtrs
Change in fair value of derivative instruments	`DerivativeGainLossOnDerivativeNet`	$68.01M	USD	2 Qtrs
Income from equity investment	`IncomeLossFromEquityMethodInvestments`	$18.00K	USD	2 Qtrs
Income from equity investment	`IncomeLossFromEquityMethodInvestments`	$156.00K	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$14.38M	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$13.23M	USD	2 Qtrs
Gain on sale of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$28.00K	USD	2 Qtrs
Gain on sale of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$67.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$36.14M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.43M	USD	2 Qtrs
Accounts receivable-related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-289.00K	USD	2 Qtrs
Accounts receivable-related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$15.00K	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-500.00K	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	-	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$3.06M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-234.00K	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.97M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-574.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$26.78M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.61M	USD	2 Qtrs
Accounts payable and accrued liabilities-related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$464.00K	USD	2 Qtrs
Accounts payable and accrued liabilities-related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-2.00K	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-9.00K	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-7.76M	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.02M	USD	2 Qtrs
Revenues and royalties payable	`IncreaseDecreaseInDeferredRevenue`	$28.64M	USD	2 Qtrs
Revenues and royalties payable	`IncreaseDecreaseInDeferredRevenue`	$-4.33M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$394.43M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$121.78M	USD	2 Qtrs
Additions to oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$149.19M	USD	2 Qtrs
Additions to oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$291.77M	USD	2 Qtrs
Additions to oil and natural gas properties-related party	`PaymentstoExploreandDevelopOilandGasPropertiesRelatedParty`	-	USD	2 Qtrs
Additions to oil and natural gas properties-related party	`PaymentstoExploreandDevelopOilandGasPropertiesRelatedParty`	$469.00K	USD	2 Qtrs
Additions to midstream assets	`PaymentsToAcquireOilAndGasEquipment`	$4.44M	USD	2 Qtrs
Additions to midstream assets	`PaymentsToAcquireOilAndGasEquipment`	-	USD	2 Qtrs
Purchase of other property and equipment	`PaymentsToAcquireOtherProductiveAssets`	$13.82M	USD	2 Qtrs
Purchase of other property and equipment	`PaymentsToAcquireOtherProductiveAssets`	$1.22M	USD	2 Qtrs
Acquisition of leasehold interests	`PaymentsToAcquireOilAndGasProperty`	$1.86B	USD	2 Qtrs
Acquisition of leasehold interests	`PaymentsToAcquireOilAndGasProperty`	$17.53M	USD	2 Qtrs
Acquisition of mineral interests	`PaymentsToAcquireMineralRights`	$11.32M	USD	2 Qtrs
Acquisition of mineral interests	`PaymentsToAcquireMineralRights`	$122.68M	USD	2 Qtrs
Acquisition of midstream assets	`PaymentstoAcquireMidstreamAssets`	-	USD	2 Qtrs
Acquisition of midstream assets	`PaymentstoAcquireMidstreamAssets`	$50.28M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.29M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$161.00K	USD	2 Qtrs
Funds held in escrow	`IncreaseDecreaseInDepositOtherAssets`	-	USD	2 Qtrs
Funds held in escrow	`IncreaseDecreaseInDepositOtherAssets`	$-121.39M	USD	2 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$188.00K	USD	2 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$800.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-180.38M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.22B	USD	2 Qtrs
Proceeds from borrowings under credit facility	`ProceedsFromLinesOfCredit`	$266.00M	USD	2 Qtrs
Proceeds from borrowings under credit facility	`ProceedsFromLinesOfCredit`	$17.00M	USD	2 Qtrs
Repayment under credit facility	`RepaymentsOfLinesOfCredit`	$11.00M	USD	2 Qtrs
Repayment under credit facility	`RepaymentsOfLinesOfCredit`	$221.00M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$66.00K	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.60M	USD	2 Qtrs
Public offering costs	`PaymentsOfStockIssuanceCosts`	$296.00K	USD	2 Qtrs
Public offering costs	`PaymentsOfStockIssuanceCosts`	$179.00K	USD	2 Qtrs
Proceeds from public offerings	`ProceedsFromIssuanceOfCommonStock`	$147.72M	USD	2 Qtrs
Proceeds from public offerings	`ProceedsFromIssuanceOfCommonStock`	$254.52M	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$498.00K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$358.00K	USD	2 Qtrs
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$3.50M	USD	2 Qtrs
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$14.12M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$177.06M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$257.27M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.65B	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$198.68M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.67B	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$218.79M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$20.11M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$16.59M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.67B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$218.79M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$20.11M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$16.59M	USD	Point-in-time
Interest paid, net of capitalized interest	`InterestPaidNet`	$26.50M	USD	2 Qtrs
Interest paid, net of capitalized interest	`InterestPaidNet`	$18.82M	USD	2 Qtrs
Change in accrued capital expenditures	`IncreaseDecreaseinAccruedCapitalExpenditures`	$93.42M	USD	2 Qtrs
Change in accrued capital expenditures	`IncreaseDecreaseinAccruedCapitalExpenditures`	$-13.77M	USD	2 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$1.84M	USD	1 Quarter
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$4.61M	USD	2 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$4.24M	USD	2 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$1.90M	USD	1 Quarter
Common stock issued for oil and natural gas properties	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1`	0.00	shares	2 Qtrs
Common stock issued for oil and natural gas properties	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1`	809.17M	shares	2 Qtrs
Asset retirement obligations acquired	`AssetRetirementObligationLiabilitiesAcquired`	$803.00K	USD	2 Qtrs
Asset retirement obligations acquired	`AssetRetirementObligationLiabilitiesAcquired`	$2.18M	USD	2 Qtrs

Stockholders Equity 29 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.29B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.02B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.19B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.11B	USD	Point-in-time
Balance at beginning of period, shares	`CommonStockSharesOutstanding`	98.13M	shares	Point-in-time
Balance at beginning of period, shares	`CommonStockSharesOutstanding`	90.14M	shares	Point-in-time
Net proceeds from issuance of common units - Viper Energy Partners LP	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$147.49M	USD	2 Qtrs
Unit-based compensation	`NoncontrollingInterestIncreasefromUnitbasedCompensation`	$1.93M	USD	2 Qtrs
Unit-based compensation	`NoncontrollingInterestIncreasefromUnitbasedCompensation`	$1.54M	USD	2 Qtrs
Common units issued for acquisition	`NoncontrollingInterestUnitsIssuedDuringthePeriodPursuanttoAcquisitions`	$3.05M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.94M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.06M	USD	2 Qtrs
Distribution to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$14.12M	USD	2 Qtrs
Distribution to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.50M	USD	2 Qtrs
Common shares issued in public offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$14.00K	USD	2 Qtrs
Common shares issued in public offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$254.34M	USD	2 Qtrs
Common shares issued for acquisition, shares	`StockIssuedDuringPeriodValueAcquisitions`	$809.17M	USD	2 Qtrs
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$498.00K	USD	2 Qtrs
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$358.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-157.12M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$305.20M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-192.75M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$164.13M	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.29B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.02B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.19B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.11B	USD	Point-in-time
Balance at end of period, shares	`CommonStockSharesOutstanding`	98.13M	shares	Point-in-time
Balance at end of period, shares	`CommonStockSharesOutstanding`	90.14M	shares	Point-in-time

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