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10-Q Filing

DIAMONDBACK ENERGY, INC. CIK: 1539838 Q3 2019
Filing Information
Form Type 10-Q
Accession Number 0001539838-19-000117
Period End Date 20190930
Filing Date 20191106
Fiscal Year 2019
Fiscal Period Q3
XBRL Instance q32019diamondback10-q_htm.xml
Filing Contents
Balance Sheet 96 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 $9.46B 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 (in Shares) CommonStockSharesAuthorized 200.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $215.00M USD Point-in-time
Shares authorized (in Shares) CommonStockSharesAuthorized 200.00M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $100.00M USD Point-in-time
Shares Issued (in Shares) CommonStockSharesIssued 161.14M shares Point-in-time
Shares Issued (in Shares) CommonStockSharesIssued 164.27M shares Point-in-time
Shares Outstanding (in Shares) CommonStockSharesOutstanding 161.14M shares Point-in-time
Joint interest and other, net OilAndGasJointInterestBillingReceivablesCurrent $171.00M USD Point-in-time
Shares Outstanding (in Shares) CommonStockSharesOutstanding 164.27M shares Point-in-time
Joint interest and other, net OilAndGasJointInterestBillingReceivablesCurrent $96.00M USD Point-in-time
Oil and natural gas sales AccountsReceivableNetCurrent $367.00M 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 $45.00M USD Point-in-time
Derivative instruments DerivativeAssetsCurrent $231.00M USD Point-in-time
Derivative instruments DerivativeAssetsCurrent $140.00M USD Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssetsCurrent $22.00M USD Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssetsCurrent $50.00M USD Point-in-time
Total current assets AssetsCurrent $845.00M USD Point-in-time
Total current assets AssetsCurrent $925.00M USD Point-in-time
Oil and natural gas properties, full cost method of accounting ($9,464 million and $9,670 million excluded from amortization at September 30, 2019 and December 31, 2018, respectively) OilAndGasPropertyFullCostMethodGross $22.30B USD Point-in-time
Oil and natural gas properties, full cost method of accounting ($9,464 million and $9,670 million excluded from amortization at September 30, 2019 and December 31, 2018, respectively) OilAndGasPropertyFullCostMethodGross $24.82B USD Point-in-time
Midstream assets PipelineandGasGatheringAssets $884.00M USD Point-in-time
Midstream assets PipelineandGasGatheringAssets $700.00M USD Point-in-time
Other property, equipment and land PropertyPlantAndEquipmentOther $147.00M USD Point-in-time
Other property, equipment and land PropertyPlantAndEquipmentOther $152.00M USD Point-in-time
Accumulated depletion, depreciation, amortization and impairment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $2.77B USD Point-in-time
Accumulated depletion, depreciation, amortization and impairment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $3.81B USD Point-in-time
Net property and equipment PropertyPlantAndEquipmentNet $22.04B USD Point-in-time
Net property and equipment PropertyPlantAndEquipmentNet $20.37B USD Point-in-time
Funds held in escrow DepositsAssetsNoncurrent - USD Point-in-time
Funds held in escrow DepositsAssetsNoncurrent $7.00M USD Point-in-time
Equity method investments EquityMethodInvestments $1.00M USD Point-in-time
Equity method investments EquityMethodInvestments $225.00M USD Point-in-time
Derivative instruments DerivativeAssetsNoncurrent $58.00M USD Point-in-time
Derivative instruments DerivativeAssetsNoncurrent - USD Point-in-time
Deferred tax asset DeferredIncomeTaxAssetsNet $158.00M USD Point-in-time
Deferred tax asset DeferredIncomeTaxAssetsNet $97.00M USD Point-in-time
Investment in real estate, net RealEstateInvestments $111.00M USD Point-in-time
Investment in real estate, net RealEstateInvestments $116.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $85.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $106.00M USD Point-in-time
Total assets Assets $21.60B USD Point-in-time
Total assets Assets $23.55B USD Point-in-time
Total assets Assets $9.81B USD Point-in-time
Accounts payable-trade AccountsPayableTradeCurrent $128.00M USD Point-in-time
Accounts payable-trade AccountsPayableTradeCurrent $233.00M USD Point-in-time
Accrued capital expenditures AccruedCapitalExpenditures $427.00M USD Point-in-time
Accrued capital expenditures AccruedCapitalExpenditures $495.00M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $304.00M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $253.00M USD Point-in-time
Revenues and royalties payable DeferredRevenueCurrent $207.00M USD Point-in-time
Revenues and royalties payable DeferredRevenueCurrent $143.00M USD Point-in-time
Derivative instruments DerivativeLiabilitiesCurrent - USD Point-in-time
Derivative instruments DerivativeLiabilitiesCurrent $10.00M 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 $4.76B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $4.46B USD Point-in-time
Derivative instruments DerivativeLiabilitiesNoncurrent $2.00M USD Point-in-time
Derivative instruments DerivativeLiabilitiesNoncurrent $15.00M USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $90.00M USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $136.00M USD Point-in-time
Asset retirement obligations AssetRetirementObligationsNoncurrent $24.00M USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $2.02B USD Point-in-time
Deferred income taxes DeferredTaxLiabilitiesNoncurrent $1.78B USD Point-in-time
Other long-term liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $11.00M USD Point-in-time
Other long-term liabilities LiabilitiesOtherThanLongtermDebtNoncurrent $10.00M USD Point-in-time
Total liabilities Liabilities $8.06B USD Point-in-time
Total liabilities Liabilities $7.43B USD Point-in-time
Commitments and contingencies (Note 19) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 19) CommitmentsAndContingencies - USD Point-in-time
Common stock, $0.01 par value, 200,000,000 shares authorized, 161,142,305 issued and outstanding at September 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, 161,142,305 issued and outstanding at September 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 $12.94B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $12.64B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.41B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $762.00M USD Point-in-time
Total Diamondback Energy, Inc. stockholders equity StockholdersEquity $14.05B USD Point-in-time
Total Diamondback Energy, Inc. stockholders equity StockholdersEquity $13.70B USD Point-in-time
Non-controlling interest MinorityInterest $467.00M USD Point-in-time
Non-controlling interest MinorityInterest $1.44B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.49B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.51B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.43B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.17B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.58B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.74B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.45B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.01B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $21.60B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $23.55B USD Point-in-time
Income Statement 108 line items
Line Item Tag Value Unit Period
Lease bonus Leasebonus $2.00M USD 3 Qtrs
Lease bonus Leasebonus $4.00M USD 3 Qtrs
Lease bonus Leasebonus $1.00M USD 1 Quarter
Lease bonus Leasebonus $1.00M USD 1 Quarter
Other operating income OtherOperatingIncome $7.00M USD 3 Qtrs
Other operating income OtherOperatingIncome $7.00M USD 3 Qtrs
Other operating income OtherOperatingIncome $3.00M USD 1 Quarter
Other operating income OtherOperatingIncome $2.00M USD 1 Quarter
Total revenues Revenues $1.54B USD 3 Qtrs
Total revenues Revenues $975.00M USD 1 Quarter
Total revenues Revenues $537.00M USD 1 Quarter
Total revenues Revenues $2.86B USD 3 Qtrs
Lease operating expenses OperatingLeaseExpense $49.00M USD 1 Quarter
Lease operating expenses OperatingLeaseExpense $364.00M USD 3 Qtrs
Lease operating expenses OperatingLeaseExpense $129.00M USD 3 Qtrs
Lease operating expenses OperatingLeaseExpense $128.00M USD 1 Quarter
Production and ad valorem taxes ProductionTaxExpense $93.00M USD 3 Qtrs
Production and ad valorem taxes ProductionTaxExpense $180.00M USD 3 Qtrs
Production and ad valorem taxes ProductionTaxExpense $61.00M USD 1 Quarter
Production and ad valorem taxes ProductionTaxExpense $33.00M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $1.05B USD 3 Qtrs
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $146.00M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $365.00M USD 1 Quarter
Depreciation, depletion and amortization DepreciationDepletionAndAmortization $391.00M USD 3 Qtrs
General and administrative expenses SellingGeneralAndAdministrativeExpense $68.00M USD 3 Qtrs
General and administrative expenses SellingGeneralAndAdministrativeExpense $45.00M USD 3 Qtrs
General and administrative expenses SellingGeneralAndAdministrativeExpense $19.00M USD 1 Quarter
General and administrative expenses SellingGeneralAndAdministrativeExpense $14.00M USD 1 Quarter
Asset retirement obligation accretion AssetRetirementObligationAccretionExpense $6.00M USD 3 Qtrs
Asset retirement obligation accretion AssetRetirementObligationAccretionExpense $1.00M USD 1 Quarter
Asset retirement obligation accretion AssetRetirementObligationAccretionExpense - USD 1 Quarter
Asset retirement obligation accretion AssetRetirementObligationAccretionExpense $1.00M USD 3 Qtrs
Other operating expense OtherCostAndExpenseOperating $2.00M USD 3 Qtrs
Other operating expense OtherCostAndExpenseOperating $3.00M USD 3 Qtrs
Other operating expense OtherCostAndExpenseOperating $1.00M USD 1 Quarter
Other operating expense OtherCostAndExpenseOperating $1.00M USD 1 Quarter
Total costs and expenses CostsAndExpenses $626.00M USD 1 Quarter
Total costs and expenses CostsAndExpenses $727.00M USD 3 Qtrs
Total costs and expenses CostsAndExpenses $269.00M USD 1 Quarter
Total costs and expenses CostsAndExpenses $1.78B USD 3 Qtrs
Income (loss) from operations OperatingIncomeLoss $349.00M USD 1 Quarter
Income (loss) from operations OperatingIncomeLoss $816.00M USD 3 Qtrs
Income (loss) from operations OperatingIncomeLoss $1.08B USD 3 Qtrs
Income (loss) from operations OperatingIncomeLoss $268.00M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-133.00M USD 3 Qtrs
Interest expense, net InterestIncomeExpenseNonoperatingNet $-19.00M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-38.00M USD 1 Quarter
Interest expense, net InterestIncomeExpenseNonoperatingNet $-49.00M USD 3 Qtrs
Other income, net OtherNonoperatingIncome $2.00M USD 1 Quarter
Other income, net OtherNonoperatingIncome $89.00M USD 3 Qtrs
Other income, net OtherNonoperatingIncome $5.00M USD 3 Qtrs
Other income, net OtherNonoperatingIncome $2.00M USD 1 Quarter
Gain (loss) on derivative instruments, net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-139.00M USD 3 Qtrs
Gain (loss) on derivative instruments, net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $177.00M USD 1 Quarter
Gain (loss) on derivative instruments, net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $3.00M USD 3 Qtrs
Gain (loss) on derivative instruments, net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $-48.00M USD 1 Quarter
Gain on revaluation of investment GainLossOnInvestments $4.00M USD 3 Qtrs
Gain on revaluation of investment GainLossOnInvestments - USD 1 Quarter
Gain on revaluation of investment GainLossOnInvestments - USD 1 Quarter
Gain on revaluation of investment GainLossOnInvestments $5.00M USD 3 Qtrs
Total other income (expense), net NonoperatingIncomeExpense $141.00M USD 1 Quarter
Total other income (expense), net NonoperatingIncomeExpense $-94.00M USD 3 Qtrs
Total other income (expense), net NonoperatingIncomeExpense $-121.00M USD 3 Qtrs
Total other income (expense), net NonoperatingIncomeExpense $-65.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $203.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $490.00M USD 1 Quarter
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $958.00M USD 3 Qtrs
Income (loss) before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $722.00M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $102.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $171.00M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $43.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $83.00M USD 3 Qtrs
Net income ProfitLoss $388.00M USD 1 Quarter
Net income ProfitLoss $43.00M USD 1 Quarter
Net income ProfitLoss $639.00M USD 3 Qtrs
Net income ProfitLoss $356.00M USD 1 Quarter
Net income ProfitLoss $787.00M USD 3 Qtrs
Net income ProfitLoss $301.00M USD 1 Quarter
Net income ProfitLoss $178.00M USD 1 Quarter
Net income ProfitLoss $160.00M USD 1 Quarter
Net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $100.00M USD 3 Qtrs
Net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $60.00M USD 3 Qtrs
Net income attributable to non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $20.00M USD 1 Quarter
Net income attributable to Diamondback Energy, Inc. NetIncomeLoss $539.00M USD 3 Qtrs
Net income attributable to Diamondback Energy, Inc. NetIncomeLoss $368.00M USD 1 Quarter
Net income attributable to Diamondback Energy, Inc. NetIncomeLoss $157.00M USD 1 Quarter
Net income attributable to Diamondback Energy, Inc. NetIncomeLoss $727.00M USD 3 Qtrs
Basic (in USD per share) EarningsPerShareBasic $2.27 USD 1 Quarter
Basic (in USD per share) EarningsPerShareBasic $1.59 USD 1 Quarter
Basic (in USD per share) EarningsPerShareBasic $4.44 USD 3 Qtrs
Basic (in USD per share) EarningsPerShareBasic $5.47 USD 3 Qtrs
Diluted (in USD per share) EarningsPerShareDiluted $2.26 USD 1 Quarter
Diluted (in USD per share) EarningsPerShareDiluted $1.59 USD 1 Quarter
Diluted (in USD per share) EarningsPerShareDiluted $4.42 USD 3 Qtrs
Diluted (in USD per share) EarningsPerShareDiluted $5.45 USD 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 98.60M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 98.64M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 164.07M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 162.54M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 98.82M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 98.82M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 164.47M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 162.78M shares 1 Quarter
Dividends declared per share (in USD per share) CommonStockDividendsPerShareDeclared $0.38 USD 3 Qtrs
Dividends declared per share (in USD per share) CommonStockDividendsPerShareDeclared $0.19 USD 1 Quarter
Dividends declared per share (in USD per share) CommonStockDividendsPerShareDeclared $0.12 USD 1 Quarter
Dividends declared per share (in USD per share) CommonStockDividendsPerShareDeclared $0.56 USD 3 Qtrs
Cash Flow Statement 114 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $388.00M USD 1 Quarter
Net income ProfitLoss $43.00M USD 1 Quarter
Net income ProfitLoss $639.00M USD 3 Qtrs
Net income ProfitLoss $356.00M USD 1 Quarter
Net income ProfitLoss $787.00M USD 3 Qtrs
Net income ProfitLoss $301.00M USD 1 Quarter
Net income ProfitLoss $178.00M USD 1 Quarter
Net income ProfitLoss $160.00M USD 1 Quarter
Provision for deferred income taxes DeferredIncomeTaxExpenseBenefit $83.00M USD 3 Qtrs
Provision for deferred income taxes DeferredIncomeTaxExpenseBenefit $171.00M USD 3 Qtrs
Asset retirement obligation accretion AssetRetirementObligationAccretionExpense $6.00M USD 3 Qtrs
Asset retirement obligation accretion AssetRetirementObligationAccretionExpense $1.00M USD 1 Quarter
Asset retirement obligation accretion AssetRetirementObligationAccretionExpense - USD 1 Quarter
Asset retirement obligation accretion AssetRetirementObligationAccretionExpense $1.00M USD 3 Qtrs
Depreciation, depletion and amortization DepreciationDepletionandAmortizationExcludingAmortizationofFinancingCosts $1.05B USD 3 Qtrs
Depreciation, depletion and amortization DepreciationDepletionandAmortizationExcludingAmortizationofFinancingCosts $391.00M USD 3 Qtrs
Amortization of debt issuance costs AmortizationOfFinancingCosts $4.00M USD 3 Qtrs
Amortization of debt issuance costs AmortizationOfFinancingCosts $2.00M USD 3 Qtrs
Change in fair value of derivative instruments DerivativeGainLossOnDerivativeNet $-30.00M USD 3 Qtrs
Change in fair value of derivative instruments DerivativeGainLossOnDerivativeNet $-24.00M USD 3 Qtrs
Change in fair value of derivative instruments DerivativeGainLossOnDerivativeNet $-10.00M USD 1 Quarter
Change in fair value of derivative instruments DerivativeGainLossOnDerivativeNet $166.00M USD 1 Quarter
Income from equity investment IncomeLossFromEquityMethodInvestments - USD 3 Qtrs
Income from equity investment IncomeLossFromEquityMethodInvestments $-1.00M USD 3 Qtrs
Gain on revaluation of investment GainLossonRevaluationofInvestments $-5.00M USD 3 Qtrs
Gain on revaluation of investment GainLossonRevaluationofInvestments $-4.00M USD 3 Qtrs
Equity-based compensation expense ShareBasedCompensation $27.00M USD 3 Qtrs
Equity-based compensation expense ShareBasedCompensation $18.00M USD 3 Qtrs
Loss on sale of assets, net GainLossOnSaleOfPropertyPlantEquipment - USD 3 Qtrs
Loss on sale of assets, net GainLossOnSaleOfPropertyPlantEquipment $-3.00M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $116.00M USD 3 Qtrs
Accounts receivable IncreaseDecreaseInAccountsReceivable $21.00M USD 3 Qtrs
Inventories IncreaseDecreaseInInventories $8.00M USD 3 Qtrs
Inventories IncreaseDecreaseInInventories $14.00M USD 3 Qtrs
Prepaid expenses and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-8.00M USD 3 Qtrs
Prepaid expenses and other IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $6.00M USD 3 Qtrs
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $18.00M USD 3 Qtrs
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-136.00M USD 3 Qtrs
Accrued interest IncreaseDecreaseInInterestPayableNet $13.00M USD 3 Qtrs
Accrued interest IncreaseDecreaseInInterestPayableNet $-29.00M USD 3 Qtrs
Income tax payable IncreaseDecreaseInAccruedIncomeTaxesPayable $1.00M USD 3 Qtrs
Income tax payable IncreaseDecreaseInAccruedIncomeTaxesPayable - USD 3 Qtrs
Revenues and royalties payable IncreaseDecreaseInDeferredRevenue $7.00M USD 3 Qtrs
Revenues and royalties payable IncreaseDecreaseInDeferredRevenue $64.00M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.15B USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $1.85B USD 3 Qtrs
Drilling, completions and non-operated additions to oil and natural gas properties PaymentsToExploreAndDevelopOilAndGasProperties $900.00M USD 3 Qtrs
Drilling, completions and non-operated additions to oil and natural gas properties PaymentsToExploreAndDevelopOilAndGasProperties $1.88B USD 3 Qtrs
Infrastructure additions to oil and natural gas properties Paymentstoaddoilandnaturalgaspropertiesinfrastructure $110.00M USD 3 Qtrs
Infrastructure additions to oil and natural gas properties Paymentstoaddoilandnaturalgaspropertiesinfrastructure $104.00M USD 3 Qtrs
Additions to midstream assets PaymentsToAcquireOilAndGasEquipment $130.00M USD 3 Qtrs
Additions to midstream assets PaymentsToAcquireOilAndGasEquipment $186.00M USD 3 Qtrs
Purchase of other property, equipment and land PaymentsToAcquireOtherProductiveAssets $8.00M USD 3 Qtrs
Purchase of other property, equipment and land PaymentsToAcquireOtherProductiveAssets $2.00M USD 3 Qtrs
Acquisition of leasehold interests PaymentsToAcquireOilAndGasProperty $186.00M USD 3 Qtrs
Acquisition of leasehold interests PaymentsToAcquireOilAndGasProperty $311.00M USD 3 Qtrs
Acquisition of mineral interests PaymentsToAcquireMineralRights $320.00M USD 3 Qtrs
Acquisition of mineral interests PaymentsToAcquireMineralRights $336.00M USD 3 Qtrs
Proceeds from sale of assets ProceedsFromSaleOfPropertyPlantAndEquipment $301.00M USD 3 Qtrs
Proceeds from sale of assets ProceedsFromSaleOfPropertyPlantAndEquipment $7.00M USD 3 Qtrs
Investment in real estate PaymentsToAcquireRealEstateAndRealEstateJointVentures $1.00M USD 3 Qtrs
Investment in real estate PaymentsToAcquireRealEstateAndRealEstateJointVentures $111.00M USD 3 Qtrs
Funds held in escrow IncreaseDecreaseInDepositOtherAssets $51.00M USD 3 Qtrs
Funds held in escrow IncreaseDecreaseInDepositOtherAssets $7.00M USD 3 Qtrs
Equity investments PaymentsToAcquireEquityMethodInvestments - USD 3 Qtrs
Equity investments PaymentsToAcquireEquityMethodInvestments $225.00M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-2.74B USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.82B USD 3 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLinesOfCredit $1.03B USD 3 Qtrs
Proceeds from borrowings under credit facility ProceedsFromLinesOfCredit $1.41B USD 3 Qtrs
Repayment under credit facility RepaymentsOfLinesOfCredit $1.17B USD 3 Qtrs
Repayment under credit facility RepaymentsOfLinesOfCredit $1.22B USD 3 Qtrs
Proceeds from senior notes ProceedsFromIssuanceOfSeniorLongTermDebt $1.06B USD 3 Qtrs
Proceeds from senior notes ProceedsFromIssuanceOfSeniorLongTermDebt - USD 3 Qtrs
Proceeds from joint venture Proceedsfromjointventures - USD 3 Qtrs
Proceeds from joint venture Proceedsfromjointventures $42.00M USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $14.00M USD 3 Qtrs
Debt issuance costs PaymentsOfDebtIssuanceCosts $7.00M USD 3 Qtrs
Public offering costs PaymentsOfStockIssuanceCosts $40.00M USD 3 Qtrs
Public offering costs PaymentsOfStockIssuanceCosts $3.00M USD 3 Qtrs
Proceeds from public offerings ProceedsFromIssuanceOfCommonStock $306.00M USD 3 Qtrs
Proceeds from public offerings ProceedsFromIssuanceOfCommonStock $1.11B USD 3 Qtrs
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised - USD 3 Qtrs
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $9.00M USD 3 Qtrs
Repurchased shares for tax withholdings PaymentsRelatedToTaxWithholdingForShareBasedCompensation - USD 3 Qtrs
Repurchased shares for tax withholdings PaymentsRelatedToTaxWithholdingForShareBasedCompensation $13.00M USD 3 Qtrs
Repurchased as part of share buyback PaymentsForRepurchaseOfCommonStock $400.00M USD 3 Qtrs
Repurchased as part of share buyback PaymentsForRepurchaseOfCommonStock - USD 3 Qtrs
Dividends to stockholders PaymentsOfDividendsCommonStock $25.00M USD 3 Qtrs
Dividends to stockholders PaymentsOfDividendsCommonStock $82.00M USD 3 Qtrs
Distributions to non-controlling interest PaymentsToMinorityShareholders $79.00M USD 3 Qtrs
Distributions to non-controlling interest PaymentsToMinorityShareholders $69.00M USD 3 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.06B USD 3 Qtrs
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $777.00M USD 3 Qtrs
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-115.00M USD 3 Qtrs
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $397.00M USD 3 Qtrs
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $509.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $112.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $215.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $100.00M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $509.00M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $112.00M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $215.00M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $100.00M USD Point-in-time
Interest paid, net of capitalized interest InterestPaidNet $52.00M USD 3 Qtrs
Interest paid, net of capitalized interest InterestPaidNet $115.00M USD 3 Qtrs
Change in accrued capital expenditures IncreaseDecreaseinAccruedCapitalExpenditures $-68.00M USD 3 Qtrs
Change in accrued capital expenditures IncreaseDecreaseinAccruedCapitalExpenditures $71.00M USD 3 Qtrs
Capitalized stock-based compensation EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount $-1.00M USD 1 Quarter
Capitalized stock-based compensation EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount $9.00M USD 3 Qtrs
Capitalized stock-based compensation EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount $2.00M USD 1 Quarter
Capitalized stock-based compensation EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount $7.00M USD 3 Qtrs
Asset retirement obligations acquired AssetRetirementObligationLiabilitiesAcquired $3.00M USD 3 Qtrs
Asset retirement obligations acquired AssetRetirementObligationLiabilitiesAcquired - USD 3 Qtrs
Stockholders Equity 64 line items
Line Item Tag Value Unit Period
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.49B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.51B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.43B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.17B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.58B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.74B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.45B USD Point-in-time
Balance at beginning of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.01B USD Point-in-time
Balance at beginning of period (in Shares) CommonStockSharesOutstanding 161.14M shares Point-in-time
Balance at beginning of period (in 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 $303.00M USD 1 Quarter
Net proceeds from issuance of common units - Viper Energy Partners LP NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $720.00M USD 1 Quarter
Unit-based compensation NoncontrollingInterestIncreasefromUnitbasedCompensation $1.00M USD 1 Quarter
Unit-based compensation NoncontrollingInterestIncreasefromUnitbasedCompensation $2.00M 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 $12.00M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $19.00M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $7.00M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $9.00M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.00M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $8.00M USD 1 Quarter
Repurchased shares for tax withholding AdjustmentToAdditionalPaidInCapitalRepurchasedSharesForTaxWithholding $13.00M USD 1 Quarter
Distribution to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $29.00M USD 1 Quarter
Distribution to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $19.00M USD 1 Quarter
Distribution to non-controlling interest MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $31.00M 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
Dividend paid DividendsCommonStockCash $30.00M USD 1 Quarter
Dividend paid DividendsCommonStockCash $32.00M USD 1 Quarter
Dividend paid DividendsCommonStockCash $20.00M USD 1 Quarter
Dividend paid DividendsCommonStockCash $13.00M USD 1 Quarter
Dividend paid DividendsCommonStockCash $12.00M USD 1 Quarter
Repurchased shares for share buyback program StockRepurchasedDuringPeriodValue $104.00M USD 1 Quarter
Repurchased shares for share buyback program StockRepurchasedDuringPeriodValue $400.00M USD 3 Qtrs
Repurchased shares for share buyback program StockRepurchasedDuringPeriodValue $296.00M USD 1 Quarter
Exercise of stock and unit options and awards of restricted stock StockIssuedDuringPeriodValueShareBasedCompensation - USD 1 Quarter
Exercise of stock and unit options and awards of restricted stock StockIssuedDuringPeriodValueShareBasedCompensation - USD 1 Quarter
Exercise of stock and unit options and awards of restricted stock StockIssuedDuringPeriodValueShareBasedCompensation - USD 1 Quarter
Exercise of stock and unit options and awards of restricted stock StockIssuedDuringPeriodValueShareBasedCompensation - USD 1 Quarter
Exercise of stock and unit options and awards of restricted stock StockIssuedDuringPeriodValueShareBasedCompensation $3.00M USD 1 Quarter
Exercise of stock and unit options and awards of restricted stock StockIssuedDuringPeriodValueShareBasedCompensation $6.00M USD 1 Quarter
Change in ownership of consolidated subsidiaries, net ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet $-10.00M USD 1 Quarter
Change in ownership of consolidated subsidiaries, net ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet $3.00M USD 1 Quarter
Net income ProfitLoss $388.00M USD 1 Quarter
Net income ProfitLoss $43.00M USD 1 Quarter
Net income ProfitLoss $639.00M USD 3 Qtrs
Net income ProfitLoss $356.00M USD 1 Quarter
Net income ProfitLoss $787.00M USD 3 Qtrs
Net income ProfitLoss $301.00M USD 1 Quarter
Net income ProfitLoss $178.00M USD 1 Quarter
Net income ProfitLoss $160.00M USD 1 Quarter
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.49B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.51B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.43B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $14.17B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.58B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $5.74B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $15.45B USD Point-in-time
Balance at end of period StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $6.01B USD Point-in-time
Balance at end of period (in Shares) CommonStockSharesOutstanding 161.14M shares Point-in-time
Balance at end of period (in Shares) CommonStockSharesOutstanding 164.27M shares Point-in-time

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

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