10-Q Filing

PERMIAN RESOURCES CORP CIK: 1658566 Q1 2017

Filing Information

Form Type	10-Q
Accession Number	`0001628280-17-005392`
Period End Date	20170331
Filing Date	20170511
Fiscal Year	2017
Fiscal Period	Q1
XBRL Instance	cdev-20170331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 1 Cash Flow Statement 6 Stockholders Equity 6

Balance Sheet 62 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred stock, shares authorized (shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$134.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$54.87M	USD	Point-in-time
Accounts receivable, net	`AccountsAndOtherReceivablesNetCurrent`	$14.73M	USD	Point-in-time
Accounts receivable, net	`AccountsAndOtherReceivablesNetCurrent`	$23.32M	USD	Point-in-time
Common stock, par value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	$869.00K	USD	Point-in-time
Common stock, par value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	$431.00K	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.99M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$2.08M	USD	Point-in-time
Common stock, shares authorized (shares)	`CommonStockSharesAuthorized`	620.00M	shares	Point-in-time
Common stock, shares authorized (shares)	`CommonStockSharesAuthorized`	620.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$81.06M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$151.33M	USD	Point-in-time
Unproved properties	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$1.91B	USD	Point-in-time
Unproved properties	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$1.87B	USD	Point-in-time
Proved properties	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$605.85M	USD	Point-in-time
Proved properties	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$734.28M	USD	Point-in-time
Accumulated depreciation, depletion and amortization	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization`	$40.06M	USD	Point-in-time
Accumulated depreciation, depletion and amortization	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization`	$14.44M	USD	Point-in-time
Total oil and natural gas properties, net	`OilAndGasPropertySuccessfulEffortMethodNet`	$2.50B	USD	Point-in-time
Total oil and natural gas properties, net	`OilAndGasPropertySuccessfulEffortMethodNet`	$2.57B	USD	Point-in-time
Other property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.19M	USD	Point-in-time
Other property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.92M	USD	Point-in-time
Total property and equipment, net	`PropertyPlantandEquipmentandOilandGasPropertySuccessfulEffortsMethodNet`	$2.57B	USD	Point-in-time
Total property and equipment, net	`PropertyPlantandEquipmentandOilandGasPropertySuccessfulEffortsMethodNet`	$2.50B	USD	Point-in-time
Derivative instruments	`DerivativeAssetsNoncurrent`	-	USD	Point-in-time
Derivative instruments	`DerivativeAssetsNoncurrent`	$109.00K	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$1.00M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$1.04M	USD	Point-in-time
Total assets	`Assets`	$2.65B	USD	Point-in-time
Total assets	`Assets`	$2.65B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$78.15M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$86.10M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	$5.36M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	$1.77M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$91.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$79.92M	USD	Point-in-time
Revolving credit facility	`LongTermLineOfCredit`	-	USD	Point-in-time
Revolving credit facility	`LongTermLineOfCredit`	-	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$7.23M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$7.58M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesNoncurrent`	$20.00K	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$98.71M	USD	Point-in-time
Total liabilities	`Liabilities`	$87.50M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.37B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.36B	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-8.93M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$894.00K	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.36B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$2.37B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$195.83M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$197.79M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.57B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$2.65B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$2.65B	USD	Point-in-time

Income Statement 1 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$10.71M	USD	1 Quarter

Cash Flow Statement 6 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$10.71M	USD	1 Quarter
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$114.00K	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$134.08M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$54.87M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$134.08M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$54.87M	USD	Point-in-time

Stockholders Equity 6 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.57B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Equity based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.61M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$10.71M	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.57B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time

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