10-Q Filing

DIAMONDBACK ENERGY, INC. CIK: 1539838 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001539838-17-000127`
Period End Date	20170930
Filing Date	20171107
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	fang-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 116 Cash Flow Statement 110 Stockholders Equity 30

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Oil and natural gas properties, amortization excluded	`CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative`	$1.73B	USD	Point-in-time
Oil and natural gas properties, amortization excluded	`CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative`	$4.20B	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`	$1.67B	USD	Point-in-time
Shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.11M	USD	Point-in-time
Shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.20M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$167.27M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$500.00K	USD	Point-in-time
Shares Issued	`CommonStockSharesIssued`	90.14M	shares	Point-in-time
Shares Issued	`CommonStockSharesIssued`	98.17M	shares	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	98.17M	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`	$49.72M	USD	Point-in-time
Oil and natural gas sales	`AccountsReceivableNetCurrent`	$103.96M	USD	Point-in-time
Oil and natural gas sales	`AccountsReceivableNetCurrent`	$70.35M	USD	Point-in-time
Related party	`AccountsReceivableRelatedPartiesCurrent`	$14.00K	USD	Point-in-time
Related party	`AccountsReceivableRelatedPartiesCurrent`	$297.00K	USD	Point-in-time
Inventories	`InventoryNet`	$4.83M	USD	Point-in-time
Inventories	`InventoryNet`	$1.98M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	$1.61M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	-	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$2.99M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$3.51M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$193.85M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.79B	USD	Point-in-time
Oil and natural gas properties, full cost method of accounting ($4,197,159 and $1,730,519 excluded from amortization at September 30, 2017 and December 31, 2016, respectively)	`OilAndGasPropertyFullCostMethodGross`	$8.87B	USD	Point-in-time
Oil and natural gas properties, full cost method of accounting ($4,197,159 and $1,730,519 excluded from amortization at September 30, 2017 and December 31, 2016, respectively)	`OilAndGasPropertyFullCostMethodGross`	$5.16B	USD	Point-in-time
Midstream assets	`PipelineandGasGatheringAssets`	$156.38M	USD	Point-in-time
Midstream assets	`PipelineandGasGatheringAssets`	$8.36M	USD	Point-in-time
Other property, equipment and land	`PropertyPlantAndEquipmentOther`	$58.29M	USD	Point-in-time
Other property, equipment and land	`PropertyPlantAndEquipmentOther`	$79.74M	USD	Point-in-time
Accumulated depletion, depreciation, amortization and impairment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.84B	USD	Point-in-time
Accumulated depletion, depreciation, amortization and impairment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.06B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$3.39B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$7.05B	USD	Point-in-time
Funds held in escrow	`DepositsAssetsNoncurrent`	-	USD	Point-in-time
Funds held in escrow	`DepositsAssetsNoncurrent`	$121.39M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsNoncurrent`	$709.00K	USD	Point-in-time
Derivative instruments	`DerivativeAssetsNoncurrent`	-	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$44.56M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$45.11M	USD	Point-in-time
Total assets	`Assets`	$5.35B	USD	Point-in-time
Total assets	`Assets`	$7.29B	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$47.65M	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$74.70M	USD	Point-in-time
Accounts payable-related party	`AccountsPayableRelatedPartiesCurrent`	$1.00K	USD	Point-in-time
Accounts payable-related party	`AccountsPayableRelatedPartiesCurrent`	-	USD	Point-in-time
Accrued capital expenditures	`AccruedCapitalExpenditures`	$60.35M	USD	Point-in-time
Accrued capital expenditures	`AccruedCapitalExpenditures`	$189.46M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$90.40M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$55.33M	USD	Point-in-time
Revenues and royalties payable	`DeferredRevenueCurrent`	$53.06M	USD	Point-in-time
Revenues and royalties payable	`DeferredRevenueCurrent`	$23.41M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	$22.61M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	$10.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$209.34M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$417.62M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.11B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.26B	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesNoncurrent`	$4.14M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesNoncurrent`	-	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$19.98M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$16.13M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$15.74M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	-	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$3.31M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.33B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.70B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, 200,000,000 shares authorized, 98,167,289 issued and outstanding at September 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, 98,167,289 issued and outstanding at September 30, 2017; 90,143,934 issued and outstanding at December 31, 2016	`CommonStockValueOutstanding`	$982.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$5.05B	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`	$-151.69M	USD	Point-in-time
Total Diamondback Energy, Inc. stockholders equity	`StockholdersEquity`	$4.90B	USD	Point-in-time
Total Diamondback Energy, Inc. stockholders equity	`StockholdersEquity`	$3.70B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$320.83M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$687.62M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.59B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.84B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.11B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.02B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$5.35B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.29B	USD	Point-in-time

Income Statement 116 line items

Line Item	Tag	Value	Unit	Period
Oil sales	`OilSalesRevenue`	$259.05M	USD	1 Quarter
Oil sales	`OilSalesRevenue`	$126.35M	USD	1 Quarter
Oil sales	`OilSalesRevenue`	$306.70M	USD	3 Qtrs
Oil sales	`OilSalesRevenue`	$704.01M	USD	3 Qtrs
Natural gas sales	`NaturalGasProductionRevenue`	$14.46M	USD	3 Qtrs
Natural gas sales	`NaturalGasProductionRevenue`	$6.33M	USD	1 Quarter
Natural gas sales	`NaturalGasProductionRevenue`	$37.54M	USD	3 Qtrs
Natural gas sales	`NaturalGasProductionRevenue`	$14.92M	USD	1 Quarter
Natural gas liquid sales	`LiquidNaturalGasSalesRevenue`	$25.27M	USD	1 Quarter
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`	$57.62M	USD	3 Qtrs
Lease bonus	`Leasebonus`	$322.00K	USD	1 Quarter
Lease bonus	`Leasebonus`	-	USD	1 Quarter
Lease bonus	`Leasebonus`	$2.51M	USD	3 Qtrs
Lease bonus	`Leasebonus`	-	USD	3 Qtrs
Midstream services	`NaturalGasMidstreamRevenue`	-	USD	3 Qtrs
Midstream services	`NaturalGasMidstreamRevenue`	$4.24M	USD	3 Qtrs
Midstream services	`NaturalGasMidstreamRevenue`	$1.69M	USD	1 Quarter
Midstream services	`NaturalGasMidstreamRevenue`	-	USD	1 Quarter
Total revenues	`OilAndGasRevenue`	$142.13M	USD	1 Quarter
Total revenues	`OilAndGasRevenue`	$805.92M	USD	3 Qtrs
Total revenues	`OilAndGasRevenue`	$342.10M	USD	3 Qtrs
Total revenues	`OilAndGasRevenue`	$301.25M	USD	1 Quarter
Lease operating expenses	`LeaseOperatingExpense`	$59.08M	USD	3 Qtrs
Lease operating expenses	`LeaseOperatingExpense`	$88.11M	USD	3 Qtrs
Lease operating expenses	`LeaseOperatingExpense`	$22.18M	USD	1 Quarter
Lease operating expenses	`LeaseOperatingExpense`	$32.50M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$9.12M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$25.24M	USD	3 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$49.98M	USD	3 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$18.37M	USD	1 Quarter
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$8.06M	USD	3 Qtrs
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$9.11M	USD	3 Qtrs
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$2.84M	USD	1 Quarter
Gathering and transportation	`GasGatheringTransportationMarketingAndProcessingCosts`	$3.48M	USD	1 Quarter
Midstream services	`NaturalGasMidstreamCosts`	$4.45M	USD	1 Quarter
Midstream services	`NaturalGasMidstreamCosts`	-	USD	3 Qtrs
Midstream services	`NaturalGasMidstreamCosts`	$7.13M	USD	3 Qtrs
Midstream services	`NaturalGasMidstreamCosts`	-	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$44.75M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$126.69M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$87.58M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$221.68M	USD	3 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	1 Quarter
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	3 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$46.37M	USD	1 Quarter
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$245.54M	USD	3 Qtrs
General and administrative expenses (including non-cash equity-based compensation, net of capitalized amounts, of $6,187 and $6,265 for the three months ended September 30, 2017 and 2016, respectively, and $19,418 and $20,643 for the nine months ended September 30, 2017 and 2016, respectively)	`SellingGeneralAndAdministrativeExpense`	$9.91M	USD	1 Quarter
General and administrative expenses (including non-cash equity-based compensation, net of capitalized amounts, of $6,187 and $6,265 for the three months ended September 30, 2017 and 2016, respectively, and $19,418 and $20,643 for the nine months ended September 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 $6,187 and $6,265 for the three months ended September 30, 2017 and 2016, respectively, and $19,418 and $20,643 for the nine months ended September 30, 2017 and 2016, respectively)	`SellingGeneralAndAdministrativeExpense`	$32.41M	USD	3 Qtrs
General and administrative expenses (including non-cash equity-based compensation, net of capitalized amounts, of $6,187 and $6,265 for the three months ended September 30, 2017 and 2016, respectively, and $19,418 and $20,643 for the nine months ended September 30, 2017 and 2016, respectively)	`SellingGeneralAndAdministrativeExpense`	$37.52M	USD	3 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.03M	USD	3 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$270.00K	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$357.00K	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$770.00K	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$414.56M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$135.44M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$158.61M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$497.79M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$391.36M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$6.69M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$142.64M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-155.70M	USD	3 Qtrs
Interest expense	`InterestIncomeExpenseNonoperatingNet`	$-10.23M	USD	1 Quarter
Interest expense	`InterestIncomeExpenseNonoperatingNet`	$-30.27M	USD	3 Qtrs
Interest expense	`InterestIncomeExpenseNonoperatingNet`	$-29.66M	USD	3 Qtrs
Interest expense	`InterestIncomeExpenseNonoperatingNet`	$-9.19M	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$9.47M	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$3.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$1.65M	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$907.00K	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$2.03M	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-8.66M	USD	3 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$20.38M	USD	3 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-50.65M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-59.83M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-7.29M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$186.00K	USD	3 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-37.28M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-600.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$391.54M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-192.98M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$82.81M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$368.00K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.39M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$857.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$387.15M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$81.95M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-600.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-193.35M	USD	3 Qtrs
Net income (loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$19.45M	USD	3 Qtrs
Net income (loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.63M	USD	1 Quarter
Net income (loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.92M	USD	1 Quarter
Net income (loss) attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.72M	USD	3 Qtrs
Net income (loss) attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$73.02M	USD	1 Quarter
Net income (loss) attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$-190.63M	USD	3 Qtrs
Net income (loss) attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$-2.23M	USD	1 Quarter
Net income (loss) attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$367.70M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.74	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.81	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-2.60	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.60	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.80	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.74	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	98.14M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	77.17M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	73.32M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	96.49M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	77.17M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	96.75M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.37M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	73.32M	shares	3 Qtrs

Cash Flow Statement 110 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$387.15M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$81.95M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-600.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-193.35M	USD	3 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.31M	USD	3 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	1 Quarter
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	-	USD	3 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$46.37M	USD	1 Quarter
Impairment of oil and natural gas properties	`ImpairmentOfOilAndGasProperties`	$245.54M	USD	3 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.03M	USD	3 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$270.00K	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$357.00K	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$770.00K	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionandAmortizationExcludingAmortizationofFinancingCosts`	$126.69M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionandAmortizationExcludingAmortizationofFinancingCosts`	$221.68M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.02M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.83M	USD	3 Qtrs
Change in fair value of derivative instruments	`DerivativeGainLossOnDerivativeNet`	$-58.65M	USD	1 Quarter
Change in fair value of derivative instruments	`DerivativeGainLossOnDerivativeNet`	$2.42M	USD	1 Quarter
Change in fair value of derivative instruments	`DerivativeGainLossOnDerivativeNet`	$9.37M	USD	3 Qtrs
Change in fair value of derivative instruments	`DerivativeGainLossOnDerivativeNet`	$-12.86M	USD	3 Qtrs
Income from equity investment	`IncomeLossFromEquityMethodInvestments`	$309.00K	USD	3 Qtrs
Income from equity investment	`IncomeLossFromEquityMethodInvestments`	$65.00K	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$19.42M	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`	$386.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$23.42M	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`	$-283.00K	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$-500.00K	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	-	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.70M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$241.00K	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.24M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.06M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$18.30M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$10.59M	USD	3 Qtrs
Accounts payable and accrued liabilities-related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-2.00K	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`	$-1.74M	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.02M	USD	3 Qtrs
Revenues and royalties payable	`IncreaseDecreaseInDeferredRevenue`	$29.66M	USD	3 Qtrs
Revenues and royalties payable	`IncreaseDecreaseInDeferredRevenue`	$595.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$638.02M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$226.35M	USD	3 Qtrs
Additions to oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$531.49M	USD	3 Qtrs
Additions to oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$241.61M	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`	-	USD	3 Qtrs
Additions to midstream assets	`PaymentsToAcquireOilAndGasEquipment`	$22.49M	USD	3 Qtrs
Additions to midstream assets	`PaymentsToAcquireOilAndGasEquipment`	$1.19M	USD	3 Qtrs
Purchase of other property and equipment	`PaymentsToAcquireOtherProductiveAssets`	$21.53M	USD	3 Qtrs
Purchase of other property and equipment	`PaymentsToAcquireOtherProductiveAssets`	$9.80M	USD	3 Qtrs
Acquisition of leasehold interests	`PaymentsToAcquireOilAndGasProperty`	$591.78M	USD	3 Qtrs
Acquisition of leasehold interests	`PaymentsToAcquireOilAndGasProperty`	$1.89B	USD	3 Qtrs
Acquisition of mineral interests	`PaymentsToAcquireMineralRights`	$137.78M	USD	3 Qtrs
Acquisition of mineral interests	`PaymentsToAcquireMineralRights`	$370.86M	USD	3 Qtrs
Acquisition of midstream assets	`PaymentstoAcquireMidstreamAssets`	-	USD	3 Qtrs
Acquisition of midstream assets	`PaymentstoAcquireMidstreamAssets`	$50.28M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.58M	USD	3 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.57M	USD	3 Qtrs
Funds held in escrow	`IncreaseDecreaseInDepositOtherAssets`	-	USD	3 Qtrs
Funds held in escrow	`IncreaseDecreaseInDepositOtherAssets`	$-121.39M	USD	3 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$800.00K	USD	3 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$188.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-982.04M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-2.76B	USD	3 Qtrs
Proceeds from borrowings under credit facility	`ProceedsFromLinesOfCredit`	$533.00M	USD	3 Qtrs
Proceeds from borrowings under credit facility	`ProceedsFromLinesOfCredit`	$98.00M	USD	3 Qtrs
Repayment under credit facility	`RepaymentsOfLinesOfCredit`	$89.00M	USD	3 Qtrs
Repayment under credit facility	`RepaymentsOfLinesOfCredit`	$383.50M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.71M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$128.00K	USD	3 Qtrs
Public offering costs	`PaymentsOfStockIssuanceCosts`	$510.00K	USD	3 Qtrs
Public offering costs	`PaymentsOfStockIssuanceCosts`	$800.00K	USD	3 Qtrs
Proceeds from public offerings	`ProceedsFromIssuanceOfCommonStock`	$370.34M	USD	3 Qtrs
Proceeds from public offerings	`ProceedsFromIssuanceOfCommonStock`	$900.67M	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$358.00K	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$498.00K	USD	3 Qtrs
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$6.40M	USD	3 Qtrs
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$27.64M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$902.85M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$490.34M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.64B	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$147.15M	USD	3 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`	$20.11M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$30.20M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$167.27M	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`	$20.11M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$30.20M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$167.27M	USD	Point-in-time
Interest paid, net of capitalized interest	`InterestPaidNet`	$28.70M	USD	3 Qtrs
Interest paid, net of capitalized interest	`InterestPaidNet`	$19.84M	USD	3 Qtrs
Change in accrued capital expenditures	`IncreaseDecreaseinAccruedCapitalExpenditures`	$129.10M	USD	3 Qtrs
Change in accrued capital expenditures	`IncreaseDecreaseinAccruedCapitalExpenditures`	$-12.13M	USD	3 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$916.00K	USD	1 Quarter
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$2.17M	USD	1 Quarter
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$6.41M	USD	3 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$5.53M	USD	3 Qtrs
Common stock issued for oil and natural gas properties	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1`	0.00	shares	3 Qtrs
Common stock issued for oil and natural gas properties	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1`	809.17M	shares	3 Qtrs
Asset retirement obligations acquired	`AssetRetirementObligationLiabilitiesAcquired`	$3.02M	USD	3 Qtrs
Asset retirement obligations acquired	`AssetRetirementObligationLiabilitiesAcquired`	$2.41M	USD	3 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.59B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.84B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.11B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.02B	USD	Point-in-time
Balance at beginning of period, shares	`CommonStockSharesOutstanding`	98.17M	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`	$93.56M	USD	3 Qtrs
Net proceeds from issuance of common units - Viper Energy Partners LP	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$369.90M	USD	3 Qtrs
Unit-based compensation	`NoncontrollingInterestIncreasefromUnitbasedCompensation`	$2.04M	USD	3 Qtrs
Unit-based compensation	`NoncontrollingInterestIncreasefromUnitbasedCompensation`	$2.97M	USD	3 Qtrs
Common units issued for acquisition	`NoncontrollingInterestUnitsIssuedDuringthePeriodPursuanttoAcquisitions`	$3.05M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.19M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.79M	USD	3 Qtrs
Distribution to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$27.64M	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`	$805.84M	USD	3 Qtrs
Common shares issued in public offering, net of offering costs	`StockIssuedDuringPeriodValueNewIssues`	$14.00K	USD	3 Qtrs
Common shares issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$809.17M	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`	$359.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$387.15M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$81.95M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-600.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-193.35M	USD	3 Qtrs
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.59B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.84B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.11B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.02B	USD	Point-in-time
Balance at end of period, shares	`CommonStockSharesOutstanding`	98.17M	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.