10-Q Filing

DIAMONDBACK ENERGY, INC. CIK: 1539838 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001539838-18-000117`
Period End Date	20180930
Filing Date	20181107
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	fang-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 104 Cash Flow Statement 115 Stockholders Equity 32

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Oil and natural gas properties, amortization excluded	`CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative`	$4.28B	USD	Point-in-time
Oil and natural gas properties, amortization excluded	`CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative`	$4.11B	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
Shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$112.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$508.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.20M	USD	Point-in-time
Shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.67B	USD	Point-in-time
Shares Issued	`CommonStockSharesIssued`	98.17M	shares	Point-in-time
Shares Issued	`CommonStockSharesIssued`	98.67M	shares	Point-in-time
Joint interest and other	`OilAndGasJointInterestBillingReceivablesCurrent`	$73.04M	USD	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	98.17M	shares	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	98.67M	shares	Point-in-time
Joint interest and other	`OilAndGasJointInterestBillingReceivablesCurrent`	$81.95M	USD	Point-in-time
Oil and natural gas sales	`AccountsReceivableNetCurrent`	$182.36M	USD	Point-in-time
Oil and natural gas sales	`AccountsReceivableNetCurrent`	$158.57M	USD	Point-in-time
Inventories	`InventoryNet`	$14.81M	USD	Point-in-time
Inventories	`InventoryNet`	$9.11M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	$531.00K	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	-	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$8.11M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$4.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$795.69M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$358.60M	USD	Point-in-time
Oil and natural gas properties, full cost method of accounting ($4,283,629 and $4,105,865 excluded from amortization at September 30, 2018 and December 31, 2017, respectively)	`OilAndGasPropertyFullCostMethodGross`	$9.23B	USD	Point-in-time
Oil and natural gas properties, full cost method of accounting ($4,283,629 and $4,105,865 excluded from amortization at September 30, 2018 and December 31, 2017, respectively)	`OilAndGasPropertyFullCostMethodGross`	$10.82B	USD	Point-in-time
Midstream assets	`PipelineandGasGatheringAssets`	$355.76M	USD	Point-in-time
Midstream assets	`PipelineandGasGatheringAssets`	$191.52M	USD	Point-in-time
Other property, equipment and land	`PropertyPlantAndEquipmentOther`	$80.78M	USD	Point-in-time
Other property, equipment and land	`PropertyPlantAndEquipmentOther`	$85.88M	USD	Point-in-time
Accumulated depletion, depreciation, amortization and impairment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.16B	USD	Point-in-time
Accumulated depletion, depreciation, amortization and impairment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.55B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$8.71B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$7.34B	USD	Point-in-time
Funds held in escrow	`DepositsAssetsNoncurrent`	$62.03M	USD	Point-in-time
Funds held in escrow	`DepositsAssetsNoncurrent`	$6.30M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$95.55M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	-	USD	Point-in-time
Investment in real estate, net	`RealEstateInvestments`	-	USD	Point-in-time
Investment in real estate, net	`RealEstateInvestments`	$106.83M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$62.46M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$31.86M	USD	Point-in-time
Total assets	`Assets`	$7.77B	USD	Point-in-time
Total assets	`Assets`	$9.81B	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$94.59M	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$85.87M	USD	Point-in-time
Accrued capital expenditures	`AccruedCapitalExpenditures`	$221.26M	USD	Point-in-time
Accrued capital expenditures	`AccruedCapitalExpenditures`	$292.70M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$143.79M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$92.51M	USD	Point-in-time
Revenues and royalties payable	`DeferredRevenueCurrent`	$75.60M	USD	Point-in-time
Revenues and royalties payable	`DeferredRevenueCurrent`	$68.70M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	$100.37M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	$123.83M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$577.43M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$721.79M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$1.48B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.33B	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesNoncurrent`	$6.30M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesNoncurrent`	$5.93M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$19.98M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$23.90M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$20.12M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$108.05M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$292.80M	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$7.00K	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$3.38B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.19B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, 200,000,000 shares authorized, 98,673,563 issued and outstanding at September 30, 2018; 98,167,289 issued and outstanding at December 31, 2017	`CommonStockValueOutstanding`	$982.00K	USD	Point-in-time
Common stock, $0.01 par value, 200,000,000 shares authorized, 98,673,563 issued and outstanding at September 30, 2018; 98,167,289 issued and outstanding at December 31, 2017	`CommonStockValueOutstanding`	$987.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$5.29B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$5.46B	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$467.83M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-37.13M	USD	Point-in-time
Total Diamondback Energy, Inc. stockholders equity	`StockholdersEquity`	$5.25B	USD	Point-in-time
Total Diamondback Energy, Inc. stockholders equity	`StockholdersEquity`	$5.93B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$326.88M	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$496.44M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.43B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.58B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.59B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$4.02B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$7.77B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$9.81B	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$538.03M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.54B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$301.25M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$805.92M	USD	3 Qtrs
Lease bonus	`Leasebonus`	$1.32M	USD	1 Quarter
Lease bonus	`Leasebonus`	$2.25M	USD	3 Qtrs
Lease bonus	`Leasebonus`	$2.51M	USD	3 Qtrs
Lease bonus	`Leasebonus`	$322.00K	USD	1 Quarter
Other operating income	`OtherOperatingIncome`	$2.36M	USD	1 Quarter
Other operating income	`OtherOperatingIncome`	$6.83M	USD	3 Qtrs
Other operating income	`OtherOperatingIncome`	-	USD	1 Quarter
Other operating income	`OtherOperatingIncome`	-	USD	3 Qtrs
Lease operating expenses	`OperatingLeaseExpense`	$32.50M	USD	1 Quarter
Lease operating expenses	`OperatingLeaseExpense`	$88.11M	USD	3 Qtrs
Lease operating expenses	`OperatingLeaseExpense`	$129.10M	USD	3 Qtrs
Lease operating expenses	`OperatingLeaseExpense`	$49.11M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$93.04M	USD	3 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$49.98M	USD	3 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$33.54M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$18.37M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$87.58M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$146.32M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$221.68M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$391.40M	USD	3 Qtrs
General and administrative expenses (including non-cash equity-based compensation, net of capitalized amounts, of $5,350 and $6,187 for the three months ended September 30, 2018 and 2017, respectively, and $18,451 and $19,418 for the nine months ended September 30, 2018 and 2017, respectively)	`SellingGeneralAndAdministrativeExpense`	$45.04M	USD	3 Qtrs
General and administrative expenses (including non-cash equity-based compensation, net of capitalized amounts, of $5,350 and $6,187 for the three months ended September 30, 2018 and 2017, respectively, and $18,451 and $19,418 for the nine months ended September 30, 2018 and 2017, respectively)	`SellingGeneralAndAdministrativeExpense`	$37.52M	USD	3 Qtrs
General and administrative expenses (including non-cash equity-based compensation, net of capitalized amounts, of $5,350 and $6,187 for the three months ended September 30, 2018 and 2017, respectively, and $18,451 and $19,418 for the nine months ended September 30, 2018 and 2017, respectively)	`SellingGeneralAndAdministrativeExpense`	$11.89M	USD	1 Quarter
General and administrative expenses (including non-cash equity-based compensation, net of capitalized amounts, of $5,350 and $6,187 for the three months ended September 30, 2018 and 2017, respectively, and $18,451 and $19,418 for the nine months ended September 30, 2018 and 2017, respectively)	`SellingGeneralAndAdministrativeExpense`	$14.19M	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.11M	USD	3 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$387.00K	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.03M	USD	3 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$357.00K	USD	1 Quarter
Other operating expense	`OtherCostAndExpenseOperating`	$2.42M	USD	3 Qtrs
Other operating expense	`OtherCostAndExpenseOperating`	-	USD	1 Quarter
Other operating expense	`OtherCostAndExpenseOperating`	$940.00K	USD	1 Quarter
Other operating expense	`OtherCostAndExpenseOperating`	-	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$158.61M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$414.56M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$271.18M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$728.70M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$142.64M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$266.85M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$391.36M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$815.80M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-9.19M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-49.34M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-29.66M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-18.55M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncome`	$1.96M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncome`	$3.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncome`	$9.47M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncome`	$89.17M	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
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-139.31M	USD	3 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-48.37M	USD	1 Quarter
Gain (loss) on revaluation of investment	`GainLossOnInvestments`	$5.17M	USD	3 Qtrs
Gain (loss) on revaluation of investment	`GainLossOnInvestments`	-	USD	1 Quarter
Gain (loss) on revaluation of investment	`GainLossOnInvestments`	-	USD	3 Qtrs
Gain (loss) on revaluation of investment	`GainLossOnInvestments`	$-199.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$186.00K	USD	3 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-65.16M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-94.31M	USD	3 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-59.83M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$82.81M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$721.49M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$201.69M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$391.54M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$857.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$82.75M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$42.28M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$4.39M	USD	3 Qtrs
Net income	`ProfitLoss`	$387.15M	USD	3 Qtrs
Net income	`ProfitLoss`	$159.42M	USD	1 Quarter
Net income	`ProfitLoss`	$81.95M	USD	1 Quarter
Net income	`ProfitLoss`	$638.74M	USD	3 Qtrs
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.92M	USD	1 Quarter
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$19.45M	USD	3 Qtrs
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.36M	USD	1 Quarter
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$99.72M	USD	3 Qtrs
Net income attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$157.05M	USD	1 Quarter
Net income attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$73.02M	USD	1 Quarter
Net income attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$367.70M	USD	3 Qtrs
Net income attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$539.01M	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.59	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.81	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.74	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$5.47	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$5.45	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.74	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.80	USD	3 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.59	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	98.64M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	96.49M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	98.14M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	98.60M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.82M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.37M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.82M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	96.75M	shares	3 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	-	USD	3 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.38	USD	3 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.12	USD	1 Quarter

Cash Flow Statement 115 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$387.15M	USD	3 Qtrs
Net income	`ProfitLoss`	$159.42M	USD	1 Quarter
Net income	`ProfitLoss`	$81.95M	USD	1 Quarter
Net income	`ProfitLoss`	$638.74M	USD	3 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$81.57M	USD	3 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$3.31M	USD	3 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.11M	USD	3 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$387.00K	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.03M	USD	3 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$357.00K	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionandAmortizationExcludingAmortizationofFinancingCosts`	$391.40M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionandAmortizationExcludingAmortizationofFinancingCosts`	$221.68M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.29M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$2.83M	USD	3 Qtrs
Change in fair value of derivative instruments	`DerivativeGainLossOnDerivativeNet`	$9.37M	USD	3 Qtrs
Change in fair value of derivative instruments	`DerivativeGainLossOnDerivativeNet`	$-23.62M	USD	3 Qtrs
Change in fair value of derivative instruments	`DerivativeGainLossOnDerivativeNet`	$-58.65M	USD	1 Quarter
Change in fair value of derivative instruments	`DerivativeGainLossOnDerivativeNet`	$-9.91M	USD	1 Quarter
Income from equity investment	`IncomeLossFromEquityMethodInvestments`	$309.00K	USD	3 Qtrs
Income from equity investment	`IncomeLossFromEquityMethodInvestments`	-	USD	3 Qtrs
Gain on revaluation of investment	`GainLossonRevaluationofInvestments`	-	USD	3 Qtrs
Gain on revaluation of investment	`GainLossonRevaluationofInvestments`	$-5.17M	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$19.42M	USD	3 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$18.45M	USD	3 Qtrs
Loss (gain) on sale of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$386.00K	USD	3 Qtrs
Loss (gain) on sale of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-3.07M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$21.61M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$23.42M	USD	3 Qtrs
Accounts receivable-related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	-	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`	$14.20M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$2.70M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.24M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.81M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$18.38M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$18.30M	USD	3 Qtrs
Accounts payable and accrued liabilities-related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-2.00K	USD	3 Qtrs
Accounts payable and accrued liabilities-related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-1.74M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$12.66M	USD	3 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$311.00K	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`	$6.90M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.15B	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$638.02M	USD	3 Qtrs
Additions to oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$531.49M	USD	3 Qtrs
Additions to oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$1.01B	USD	3 Qtrs
Additions to midstream assets	`PaymentsToAcquireOilAndGasEquipment`	$22.49M	USD	3 Qtrs
Additions to midstream assets	`PaymentsToAcquireOilAndGasEquipment`	$129.82M	USD	3 Qtrs
Purchase of other property, equipment and land	`PaymentsToAcquireOtherProductiveAssets`	$2.05M	USD	3 Qtrs
Purchase of other property, equipment and land	`PaymentsToAcquireOtherProductiveAssets`	$21.53M	USD	3 Qtrs
Acquisition of leasehold interests	`PaymentsToAcquireOilAndGasProperty`	$185.66M	USD	3 Qtrs
Acquisition of leasehold interests	`PaymentsToAcquireOilAndGasProperty`	$1.89B	USD	3 Qtrs
Acquisition of mineral interests	`PaymentsToAcquireMineralRights`	$335.57M	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`	$6.77M	USD	3 Qtrs
Investment in real estate	`PaymentsToAcquireRealEstateAndRealEstateJointVentures`	$110.65M	USD	3 Qtrs
Investment in real estate	`PaymentsToAcquireRealEstateAndRealEstateJointVentures`	-	USD	3 Qtrs
Investment in real estate	`PaymentsToAcquireRealEstateAndRealEstateJointVentures`	$109.70M	USD	1 Quarter
Funds held in escrow	`IncreaseDecreaseInDepositOtherAssets`	$-121.39M	USD	3 Qtrs
Funds held in escrow	`IncreaseDecreaseInDepositOtherAssets`	$51.05M	USD	3 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$604.00K	USD	3 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$188.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.82B	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`	$1.03B	USD	3 Qtrs
Repayment under credit facility	`RepaymentsOfLinesOfCredit`	$1.22B	USD	3 Qtrs
Repayment under credit facility	`RepaymentsOfLinesOfCredit`	$383.50M	USD	3 Qtrs
Proceeds from senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.06B	USD	3 Qtrs
Proceeds from senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.71M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$14.58M	USD	3 Qtrs
Public offering costs	`PaymentsOfStockIssuanceCosts`	$2.64M	USD	3 Qtrs
Public offering costs	`PaymentsOfStockIssuanceCosts`	$510.00K	USD	3 Qtrs
Proceeds from public offerings	`ProceedsFromIssuanceOfCommonStock`	$370.34M	USD	3 Qtrs
Proceeds from public offerings	`ProceedsFromIssuanceOfCommonStock`	$305.77M	USD	3 Qtrs
Proceeds from unit options exercised	`ProceedsFromUnitOptionsExercised`	$140.00K	USD	3 Qtrs
Proceeds from unit options exercised	`ProceedsFromUnitOptionsExercised`	-	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	3 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$358.00K	USD	3 Qtrs
Dividends to stockholders	`PaymentsOfDividendsCommonStock`	$24.66M	USD	3 Qtrs
Dividends to stockholders	`PaymentsOfDividendsCommonStock`	-	USD	3 Qtrs
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$27.64M	USD	3 Qtrs
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$68.80M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$1.06B	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`	$396.00M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$112.45M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$508.45M	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`	$1.67B	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$112.45M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$508.45M	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`	$1.67B	USD	Point-in-time
Interest paid, net of capitalized interest	`InterestPaidNet`	$28.70M	USD	3 Qtrs
Interest paid, net of capitalized interest	`InterestPaidNet`	$51.66M	USD	3 Qtrs
Change in accrued capital expenditures	`IncreaseDecreaseinAccruedCapitalExpenditures`	$129.10M	USD	3 Qtrs
Change in accrued capital expenditures	`IncreaseDecreaseinAccruedCapitalExpenditures`	$71.44M	USD	3 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$7.33M	USD	3 Qtrs
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`	$2.34M	USD	1 Quarter
Common stock issued for oil and natural gas properties	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1`	809.17M	shares	3 Qtrs
Common stock issued for oil and natural gas properties	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1`	0.00	shares	3 Qtrs
Asset retirement obligations acquired	`AssetRetirementObligationLiabilitiesAcquired`	$270.00K	USD	3 Qtrs
Asset retirement obligations acquired	`AssetRetirementObligationLiabilitiesAcquired`	$2.41M	USD	3 Qtrs

Stockholders Equity 32 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.43B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.58B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.59B	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`	98.67M	shares	Point-in-time
Net proceeds from issuance of common units - Viper Energy Partners LP	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$369.90M	USD	3 Qtrs
Net proceeds from issuance of common units - Viper Energy Partners LP	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$303.14M	USD	3 Qtrs
Impact of adoption of ASU 2016-01, net of tax	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$-16.06M	USD	Point-in-time
Unit-based compensation	`NoncontrollingInterestIncreasefromUnitbasedCompensation`	$2.04M	USD	3 Qtrs
Unit-based compensation	`NoncontrollingInterestIncreasefromUnitbasedCompensation`	$2.17M	USD	3 Qtrs
Common units issued for acquisition	`NoncontrollingInterestUnitsIssuedDuringthePeriodPursuanttoAcquisitions`	$3.05M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.79M	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$23.61M	USD	3 Qtrs
Distribution to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$27.64M	USD	3 Qtrs
Distribution to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$68.80M	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
Dividend paid	`DividendsCommonStockCash`	$24.66M	USD	3 Qtrs
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$359.00K	USD	3 Qtrs
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$140.00K	USD	3 Qtrs
Consolidation, Less than Wholly Owned Subsidiary, Parent Ownership Interest, Changes, Net	`ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet`	$-10.21M	USD	3 Qtrs
Net income	`ProfitLoss`	$387.15M	USD	3 Qtrs
Net income	`ProfitLoss`	$159.42M	USD	1 Quarter
Net income	`ProfitLoss`	$81.95M	USD	1 Quarter
Net income	`ProfitLoss`	$638.74M	USD	3 Qtrs
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.43B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.58B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.59B	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`	98.67M	shares	Point-in-time

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