10-Q Filing

DIAMONDBACK ENERGY, INC. CIK: 1539838 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001539838-19-000095`
Period End Date	20190630
Filing Date	20190809
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	q22019diamondback10-q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 95 Income Statement 106 Cash Flow Statement 111 Stockholders Equity 46

Balance Sheet 95 line items

Line Item	Tag	Value	Unit	Period
Oil and natural gas properties, amortization excluded	`CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative`	$9.67B	USD	Point-in-time
Oil and natural gas properties, amortization excluded	`CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative`	$9.59B	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`	$326.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$114.00M	USD	Point-in-time
Shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$215.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$112.00M	USD	Point-in-time
Shares Issued	`CommonStockSharesIssued`	163.95M	shares	Point-in-time
Shares Issued	`CommonStockSharesIssued`	164.27M	shares	Point-in-time
Joint interest and other, net	`OilAndGasJointInterestBillingReceivablesCurrent`	$96.00M	USD	Point-in-time
Joint interest and other, net	`OilAndGasJointInterestBillingReceivablesCurrent`	$168.00M	USD	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	163.95M	shares	Point-in-time
Shares Outstanding	`CommonStockSharesOutstanding`	164.27M	shares	Point-in-time
Oil and natural gas sales	`AccountsReceivableNetCurrent`	$349.00M	USD	Point-in-time
Oil and natural gas sales	`AccountsReceivableNetCurrent`	$296.00M	USD	Point-in-time
Inventories	`InventoryNet`	$37.00M	USD	Point-in-time
Inventories	`InventoryNet`	$44.00M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	$231.00M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	$29.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$56.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$50.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$972.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$925.00M	USD	Point-in-time
Oil and natural gas properties, full cost method of accounting ($9,585 million and $9,670 million excluded from amortization at June 30, 2019 and December 31, 2018, respectively)	`OilAndGasPropertyFullCostMethodGross`	$24.08B	USD	Point-in-time
Oil and natural gas properties, full cost method of accounting ($9,585 million and $9,670 million excluded from amortization at June 30, 2019 and December 31, 2018, respectively)	`OilAndGasPropertyFullCostMethodGross`	$22.30B	USD	Point-in-time
Midstream assets	`PipelineandGasGatheringAssets`	$700.00M	USD	Point-in-time
Midstream assets	`PipelineandGasGatheringAssets`	$828.00M	USD	Point-in-time
Other property, equipment and land	`PropertyPlantAndEquipmentOther`	$150.00M	USD	Point-in-time
Other property, equipment and land	`PropertyPlantAndEquipmentOther`	$147.00M	USD	Point-in-time
Accumulated depletion, depreciation, amortization and impairment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.77B	USD	Point-in-time
Accumulated depletion, depreciation, amortization and impairment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$3.45B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$21.60B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$20.37B	USD	Point-in-time
Funds held in escrow	`DepositsAssetsNoncurrent`	$13.00M	USD	Point-in-time
Funds held in escrow	`DepositsAssetsNoncurrent`	-	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$187.00M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$1.00M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsNoncurrent`	-	USD	Point-in-time
Derivative instruments	`DerivativeAssetsNoncurrent`	$23.00M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$97.00M	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$150.00M	USD	Point-in-time
Investment in real estate, net	`RealEstateInvestments`	$116.00M	USD	Point-in-time
Investment in real estate, net	`RealEstateInvestments`	$112.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$111.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$85.00M	USD	Point-in-time
Total assets	`Assets`	$8.95B	USD	Point-in-time
Total assets	`Assets`	$23.17B	USD	Point-in-time
Total assets	`Assets`	$21.60B	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$128.00M	USD	Point-in-time
Accounts payable-trade	`AccountsPayableTradeCurrent`	$204.00M	USD	Point-in-time
Accrued capital expenditures	`AccruedCapitalExpenditures`	$573.00M	USD	Point-in-time
Accrued capital expenditures	`AccruedCapitalExpenditures`	$495.00M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$253.00M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$239.00M	USD	Point-in-time
Revenues and royalties payable	`DeferredRevenueCurrent`	$139.00M	USD	Point-in-time
Revenues and royalties payable	`DeferredRevenueCurrent`	$143.00M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	$25.00M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.02B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.18B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$4.47B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$4.46B	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesNoncurrent`	$8.00M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesNoncurrent`	$15.00M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$142.00M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$22.00M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$136.00M	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.78B	USD	Point-in-time
Deferred income taxes	`DeferredTaxLiabilitiesNoncurrent`	$1.91B	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$10.00M	USD	Point-in-time
Other long-term liabilities	`LiabilitiesOtherThanLongtermDebtNoncurrent`	$10.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$7.72B	USD	Point-in-time
Total liabilities	`Liabilities`	$7.43B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value, 200,000,000 shares authorized, 163,949,167 issued and outstanding at June 30, 2019; 200,000,000 shares authorized, 164,273,447 issued and outstanding at December 31, 2018	`CommonStockValueOutstanding`	$2.00M	USD	Point-in-time
Common stock, $0.01 par value, 200,000,000 shares authorized, 163,949,167 issued and outstanding at June 30, 2019; 200,000,000 shares authorized, 164,273,447 issued and outstanding at December 31, 2018	`CommonStockValueOutstanding`	$2.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$12.93B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$12.94B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$762.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.07B	USD	Point-in-time
Total Diamondback Energy, Inc. stockholders equity	`StockholdersEquity`	$14.00B	USD	Point-in-time
Total Diamondback Energy, Inc. stockholders equity	`StockholdersEquity`	$13.70B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$1.45B	USD	Point-in-time
Non-controlling interest	`MinorityInterest`	$467.00M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.01B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.58B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.45B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.51B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.17B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.74B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$21.60B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$23.17B	USD	Point-in-time

Income Statement 106 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$527.00M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.89B	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.02B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$1.01B	USD	2 Qtrs
Lease bonus	`Leasebonus`	$1.00M	USD	1 Quarter
Lease bonus	`Leasebonus`	$2.00M	USD	1 Quarter
Lease bonus	`Leasebonus`	$1.00M	USD	2 Qtrs
Lease bonus	`Leasebonus`	$3.00M	USD	2 Qtrs
Other operating income	`OtherOperatingIncome`	$4.00M	USD	2 Qtrs
Other operating income	`OtherOperatingIncome`	$5.00M	USD	2 Qtrs
Other operating income	`OtherOperatingIncome`	$3.00M	USD	1 Quarter
Other operating income	`OtherOperatingIncome`	$2.00M	USD	1 Quarter
Lease operating expenses	`OperatingLeaseExpense`	$43.00M	USD	1 Quarter
Lease operating expenses	`OperatingLeaseExpense`	$80.00M	USD	2 Qtrs
Lease operating expenses	`OperatingLeaseExpense`	$236.00M	USD	2 Qtrs
Lease operating expenses	`OperatingLeaseExpense`	$127.00M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$33.00M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$60.00M	USD	2 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$119.00M	USD	2 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$64.00M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$359.00M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$245.00M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$130.00M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$681.00M	USD	2 Qtrs
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$49.00M	USD	2 Qtrs
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$22.00M	USD	1 Quarter
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$31.00M	USD	2 Qtrs
General and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$15.00M	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$5.00M	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$3.00M	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.00M	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	-	USD	1 Quarter
Other operating expense	`OtherCostAndExpenseOperating`	-	USD	1 Quarter
Other operating expense	`OtherCostAndExpenseOperating`	$1.00M	USD	1 Quarter
Other operating expense	`OtherCostAndExpenseOperating`	$2.00M	USD	2 Qtrs
Other operating expense	`OtherCostAndExpenseOperating`	$1.00M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$458.00M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$1.16B	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$246.00M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$610.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$411.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$548.00M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$730.00M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$281.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-16.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-49.00M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-30.00M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-95.00M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncome`	$84.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncome`	$2.00M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncome`	$3.00M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncome`	$87.00M	USD	2 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-91.00M	USD	2 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-174.00M	USD	2 Qtrs
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-59.00M	USD	1 Quarter
Gain (loss) on derivative instruments, net	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$94.00M	USD	1 Quarter
Gain on revaluation of investment	`GainLossOnInvestments`	-	USD	1 Quarter
Gain on revaluation of investment	`GainLossOnInvestments`	$4.00M	USD	2 Qtrs
Gain on revaluation of investment	`GainLossOnInvestments`	$5.00M	USD	2 Qtrs
Gain on revaluation of investment	`GainLossOnInvestments`	$4.00M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-29.00M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$47.00M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$13.00M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-262.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$468.00M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$458.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$294.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$519.00M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$40.00M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-7.00M	USD	1 Quarter
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$69.00M	USD	2 Qtrs
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$102.00M	USD	1 Quarter
Net income	`ProfitLoss`	$301.00M	USD	1 Quarter
Net income	`ProfitLoss`	$399.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$479.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$178.00M	USD	1 Quarter
Net income	`ProfitLoss`	$356.00M	USD	1 Quarter
Net income	`ProfitLoss`	$43.00M	USD	1 Quarter
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$40.00M	USD	2 Qtrs
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$82.00M	USD	1 Quarter
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$97.00M	USD	2 Qtrs
Net income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.00M	USD	1 Quarter
Net income attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$382.00M	USD	2 Qtrs
Net income attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$219.00M	USD	1 Quarter
Net income attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$349.00M	USD	1 Quarter
Net income attributable to Diamondback Energy, Inc.	`NetIncomeLoss`	$359.00M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.12	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.18	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.22	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$3.87	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.22	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.17	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.11	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$3.87	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	164.85M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	164.84M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	98.61M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	98.58M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.02M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	165.25M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.80M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	98.82M	shares	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.19	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.38	USD	2 Qtrs
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.12	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.25	USD	2 Qtrs

Cash Flow Statement 111 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$301.00M	USD	1 Quarter
Net income	`ProfitLoss`	$399.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$479.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$178.00M	USD	1 Quarter
Net income	`ProfitLoss`	$356.00M	USD	1 Quarter
Net income	`ProfitLoss`	$43.00M	USD	1 Quarter
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$40.00M	USD	2 Qtrs
Provision for deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$69.00M	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$5.00M	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$3.00M	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.00M	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	-	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionandAmortizationExcludingAmortizationofFinancingCosts`	$245.00M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionandAmortizationExcludingAmortizationofFinancingCosts`	$681.00M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$3.00M	USD	2 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$1.00M	USD	2 Qtrs
Change in fair value of derivative instruments	`DerivativeGainLossOnDerivativeNet`	$-196.00M	USD	2 Qtrs
Change in fair value of derivative instruments	`DerivativeGainLossOnDerivativeNet`	$-14.00M	USD	1 Quarter
Change in fair value of derivative instruments	`DerivativeGainLossOnDerivativeNet`	$89.00M	USD	1 Quarter
Change in fair value of derivative instruments	`DerivativeGainLossOnDerivativeNet`	$-14.00M	USD	2 Qtrs
Gain on revaluation of investment	`GainLossonRevaluationofInvestments`	$-5.00M	USD	2 Qtrs
Gain on revaluation of investment	`GainLossonRevaluationofInvestments`	$-4.00M	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$23.00M	USD	2 Qtrs
Equity-based compensation expense	`ShareBasedCompensation`	$13.00M	USD	2 Qtrs
Loss on sale of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	$-3.00M	USD	2 Qtrs
Loss on sale of assets, net	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.00M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$94.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$8.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$18.00M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.00M	USD	2 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$28.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-166.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.00M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-30.00M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-12.00M	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$1.00M	USD	2 Qtrs
Income tax payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
Revenues and royalties payable	`IncreaseDecreaseInDeferredRevenue`	$8.00M	USD	2 Qtrs
Revenues and royalties payable	`IncreaseDecreaseInDeferredRevenue`	$-4.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$764.00M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.04B	USD	2 Qtrs
Drilling, completions and non-operated additions to oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$1.16B	USD	2 Qtrs
Drilling, completions and non-operated additions to oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$614.00M	USD	2 Qtrs
Payments to add oil and natural gas properties infrastructure	`Paymentstoaddoilandnaturalgaspropertiesinfrastructure`	$83.00M	USD	2 Qtrs
Payments to add oil and natural gas properties infrastructure	`Paymentstoaddoilandnaturalgaspropertiesinfrastructure`	$36.00M	USD	2 Qtrs
Additions to midstream assets	`PaymentsToAcquireOilAndGasEquipment`	$95.00M	USD	2 Qtrs
Additions to midstream assets	`PaymentsToAcquireOilAndGasEquipment`	$111.00M	USD	2 Qtrs
Purchase of other property, equipment and land	`PaymentsToAcquireOtherProductiveAssets`	$7.00M	USD	2 Qtrs
Purchase of other property, equipment and land	`PaymentsToAcquireOtherProductiveAssets`	$4.00M	USD	2 Qtrs
Acquisition of leasehold interests	`PaymentsToAcquireOilAndGasProperty`	$127.00M	USD	2 Qtrs
Acquisition of leasehold interests	`PaymentsToAcquireOilAndGasProperty`	$101.00M	USD	2 Qtrs
Acquisition of mineral interests	`PaymentsToAcquireMineralRights`	$125.00M	USD	2 Qtrs
Acquisition of mineral interests	`PaymentsToAcquireMineralRights`	$253.00M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.00M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$36.00M	USD	2 Qtrs
Investment in real estate	`PaymentsToAcquireRealEstateAndRealEstateJointVentures`	$110.00M	USD	2 Qtrs
Investment in real estate	`PaymentsToAcquireRealEstateAndRealEstateJointVentures`	$1.00M	USD	2 Qtrs
Investment in real estate	`PaymentsToAcquireRealEstateAndRealEstateJointVentures`	$110.00M	USD	1 Quarter
Funds held in escrow	`IncreaseDecreaseInDepositOtherAssets`	$-11.00M	USD	2 Qtrs
Funds held in escrow	`IncreaseDecreaseInDepositOtherAssets`	$13.00M	USD	2 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	$186.00M	USD	2 Qtrs
Equity investments	`PaymentsToAcquireEquityMethodInvestments`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.77B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.20B	USD	2 Qtrs
Proceeds from borrowings under credit facility	`ProceedsFromLinesOfCredit`	$925.00M	USD	2 Qtrs
Proceeds from borrowings under credit facility	`ProceedsFromLinesOfCredit`	$569.00M	USD	2 Qtrs
Repayment under credit facility	`RepaymentsOfLinesOfCredit`	$973.00M	USD	2 Qtrs
Repayment under credit facility	`RepaymentsOfLinesOfCredit`	$388.00M	USD	2 Qtrs
Proceeds from senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$312.00M	USD	2 Qtrs
Proceeds from senior notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	2 Qtrs
Proceeds from joint venture	`Proceedsfromjointventures`	$43.00M	USD	2 Qtrs
Proceeds from joint venture	`Proceedsfromjointventures`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$5.00M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$8.00M	USD	2 Qtrs
Public offering costs	`PaymentsOfStockIssuanceCosts`	$2.00M	USD	2 Qtrs
Public offering costs	`PaymentsOfStockIssuanceCosts`	$41.00M	USD	2 Qtrs
Proceeds from public offerings	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from public offerings	`ProceedsFromIssuanceOfCommonStock`	$1.11B	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$6.00M	USD	2 Qtrs
Repurchased shares for tax withholding	`Repurchasedsharesfortaxwithholding`	$-13.00M	USD	2 Qtrs
Repurchased shares for tax withholding	`Repurchasedsharesfortaxwithholding`	-	USD	2 Qtrs
Repurchased as part of share buyback	`ProceedsFromRepurchaseOfEquity`	$-104.00M	USD	2 Qtrs
Repurchased as part of share buyback	`ProceedsFromRepurchaseOfEquity`	-	USD	2 Qtrs
Dividends to stockholders	`PaymentsOfDividendsCommonStock`	$51.00M	USD	2 Qtrs
Dividends to stockholders	`PaymentsOfDividendsCommonStock`	$12.00M	USD	2 Qtrs
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$38.00M	USD	2 Qtrs
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$50.00M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$840.00M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$436.00M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$111.00M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.00M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$326.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$114.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$215.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$112.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$326.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$114.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$215.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$112.00M	USD	Point-in-time
Interest paid, net of capitalized interest	`InterestPaidNet`	$44.00M	USD	2 Qtrs
Interest paid, net of capitalized interest	`InterestPaidNet`	$76.00M	USD	2 Qtrs
Change in accrued capital expenditures	`IncreaseDecreaseinAccruedCapitalExpenditures`	$78.00M	USD	2 Qtrs
Change in accrued capital expenditures	`IncreaseDecreaseinAccruedCapitalExpenditures`	$149.00M	USD	2 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$4.00M	USD	1 Quarter
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$2.00M	USD	1 Quarter
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$10.00M	USD	2 Qtrs
Capitalized stock-based compensation	`EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount`	$5.00M	USD	2 Qtrs
Asset retirement obligations acquired	`AssetRetirementObligationLiabilitiesAcquired`	$3.00M	USD	2 Qtrs
Asset retirement obligations acquired	`AssetRetirementObligationLiabilitiesAcquired`	-	USD	2 Qtrs

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.01B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.58B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.45B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.51B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.17B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.74B	USD	Point-in-time
Balance at beginning of period, shares	`CommonStockSharesOutstanding`	163.95M	shares	Point-in-time
Balance at beginning of period, shares	`CommonStockSharesOutstanding`	164.27M	shares	Point-in-time
Net proceeds from issuance of common units - Viper Energy Partners LP	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$341.00M	USD	1 Quarter
Net proceeds from issuance of common units - Viper Energy Partners LP	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$720.00M	USD	1 Quarter
Impact of adoption of ASU 2016-01, net of tax	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$-16.00M	USD	Point-in-time
Unit-based compensation	`NoncontrollingInterestIncreasefromUnitbasedCompensation`	$1.00M	USD	1 Quarter
Unit-based compensation	`NoncontrollingInterestIncreasefromUnitbasedCompensation`	$2.00M	USD	1 Quarter
Unit-based compensation	`NoncontrollingInterestIncreasefromUnitbasedCompensation`	$1.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$9.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$7.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$12.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$19.00M	USD	1 Quarter
Repurchased shares for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.00M	USD	1 Quarter
Repurchased shares for share buyback program	`StockRepurchaseProgramAmountRepurchased`	$104.00M	USD	1 Quarter
Distribution to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$24.00M	USD	1 Quarter
Distribution to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$26.00M	USD	1 Quarter
Distribution to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$19.00M	USD	1 Quarter
Distribution to non-controlling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$19.00M	USD	1 Quarter
Dividend paid	`DividendsCommonStockCash`	$13.00M	USD	1 Quarter
Dividend paid	`DividendsCommonStockCash`	$20.00M	USD	1 Quarter
Dividend paid	`DividendsCommonStockCash`	$32.00M	USD	1 Quarter
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.00M	USD	1 Quarter
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Exercise of stock options and vesting of restricted stock units	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	1 Quarter
Change in ownership of consolidated subsidiaries, net	`ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet`	$3.00M	USD	1 Quarter
Net income	`ProfitLoss`	$301.00M	USD	1 Quarter
Net income	`ProfitLoss`	$399.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$479.00M	USD	2 Qtrs
Net income	`ProfitLoss`	$178.00M	USD	1 Quarter
Net income	`ProfitLoss`	$356.00M	USD	1 Quarter
Net income	`ProfitLoss`	$43.00M	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.01B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.58B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$15.45B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.51B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$14.17B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.74B	USD	Point-in-time
Balance at end of period, shares	`CommonStockSharesOutstanding`	163.95M	shares	Point-in-time
Balance at end of period, shares	`CommonStockSharesOutstanding`	164.27M	shares	Point-in-time

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