10-Q Filing

PERMIAN RESOURCES CORP CIK: 1658566 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001658566-19-000095`
Period End Date	20190630
Filing Date	20190805
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	cdev06302019q2_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 90 Cash Flow Statement 83 Stockholders Equity 30

Balance Sheet 74 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`	$28.44M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$42.72M	USD	Point-in-time
Accounts receivable, net	`AccountsAndOtherReceivablesNetCurrent`	$121.55M	USD	Point-in-time
Accounts receivable, net	`AccountsAndOtherReceivablesNetCurrent`	$100.62M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	$1.63M	USD	Point-in-time
Common stock, par value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	$174.00K	USD	Point-in-time
Common stock, par value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (shares)	`CommonStockSharesAuthorized`	620.00M	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.78M	USD	Point-in-time
Common stock, shares authorized (shares)	`CommonStockSharesAuthorized`	620.00M	shares	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.85M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$130.19M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$160.01M	USD	Point-in-time
Unproved properties	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$1.57B	USD	Point-in-time
Unproved properties	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$1.68B	USD	Point-in-time
Proved properties	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$2.90B	USD	Point-in-time
Proved properties	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$3.44B	USD	Point-in-time
Accumulated depreciation, depletion and amortization	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization`	$698.53M	USD	Point-in-time
Accumulated depreciation, depletion and amortization	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization`	$496.90M	USD	Point-in-time
Total oil and natural gas properties, net	`OilAndGasPropertySuccessfulEffortMethodNet`	$4.08B	USD	Point-in-time
Total oil and natural gas properties, net	`OilAndGasPropertySuccessfulEffortMethodNet`	$4.31B	USD	Point-in-time
Other property and equipment, net	`PropertyPlantAndEquipmentNet`	$8.84M	USD	Point-in-time
Other property and equipment, net	`PropertyPlantAndEquipmentNet`	$11.58M	USD	Point-in-time
Total property and equipment, net	`PropertyPlantandEquipmentandOilandGasPropertySuccessfulEffortsMethodNet`	$4.09B	USD	Point-in-time
Total property and equipment, net	`PropertyPlantandEquipmentandOilandGasPropertySuccessfulEffortsMethodNet`	$4.32B	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$23.16M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$28.63M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$42.55M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$4.54B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$4.26B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$240.57M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$267.44M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	$14.35M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	$6.05M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$18.88M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.09M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$924.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$247.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$301.58M	USD	Point-in-time
Long-term debt, net	`LongTermDebt`	$881.35M	USD	Point-in-time
Long-term debt, net	`LongTermDebt`	$691.63M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$13.89M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$14.11M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$65.83M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$62.17M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$5.20M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$744.00K	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$1.02B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.27B	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.83B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.85B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$266.54M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$276.30M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.12B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.10B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$144.39M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$143.69M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.24B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.09B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.24B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.16B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.27B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$4.26B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$4.54B	USD	Point-in-time

Income Statement 90 line items

Line Item	Tag	Value	Unit	Period
Oil and gas sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$217.76M	USD	1 Quarter
Oil and gas sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$433.66M	USD	2 Qtrs
Oil and gas sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$458.81M	USD	2 Qtrs
Oil and gas sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$244.24M	USD	1 Quarter
Lease operating expenses	`OilAndGasProducingActivitiesLeaseOperatingExpense`	$35.46M	USD	2 Qtrs
Lease operating expenses	`OilAndGasProducingActivitiesLeaseOperatingExpense`	$34.88M	USD	1 Quarter
Lease operating expenses	`OilAndGasProducingActivitiesLeaseOperatingExpense`	$64.75M	USD	2 Qtrs
Lease operating expenses	`OilAndGasProducingActivitiesLeaseOperatingExpense`	$19.18M	USD	1 Quarter
Severance and ad valorem taxes	`ProductionTaxExpense`	$33.31M	USD	2 Qtrs
Severance and ad valorem taxes	`ProductionTaxExpense`	$14.21M	USD	1 Quarter
Severance and ad valorem taxes	`ProductionTaxExpense`	$28.38M	USD	2 Qtrs
Severance and ad valorem taxes	`ProductionTaxExpense`	$17.19M	USD	1 Quarter
Gathering, processing and transportation expenses	`OilAndGasProducingActivitiesTransportationCosts`	$15.30M	USD	1 Quarter
Gathering, processing and transportation expenses	`OilAndGasProducingActivitiesTransportationCosts`	$31.27M	USD	2 Qtrs
Gathering, processing and transportation expenses	`OilAndGasProducingActivitiesTransportationCosts`	$29.12M	USD	2 Qtrs
Gathering, processing and transportation expenses	`OilAndGasProducingActivitiesTransportationCosts`	$16.24M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense`	$74.95M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense`	$208.67M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense`	$140.96M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense`	$112.11M	USD	1 Quarter
Impairment and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$35.68M	USD	2 Qtrs
Impairment and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$1.78M	USD	1 Quarter
Impairment and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$1.78M	USD	2 Qtrs
Impairment and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$4.42M	USD	1 Quarter
Exploration expense	`ExplorationExpense`	$6.38M	USD	2 Qtrs
Exploration expense	`ExplorationExpense`	$3.86M	USD	1 Quarter
Exploration expense	`ExplorationExpense`	$5.31M	USD	2 Qtrs
Exploration expense	`ExplorationExpense`	$1.87M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$36.55M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$13.81M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$18.43M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$28.11M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$416.60M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$141.09M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$269.12M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$207.14M	USD	1 Quarter
Net gain (loss) on sale of long-lived assets	`GainLossOnSaleOfProperty`	$-126.00K	USD	2 Qtrs
Net gain (loss) on sale of long-lived assets	`GainLossOnSaleOfProperty`	$-141.00K	USD	1 Quarter
Net gain (loss) on sale of long-lived assets	`GainLossOnSaleOfProperty`	$7.00K	USD	2 Qtrs
Net gain (loss) on sale of long-lived assets	`GainLossOnSaleOfProperty`	$9.00K	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$37.11M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$42.21M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$164.41M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$76.53M	USD	1 Quarter
Interest expense	`InterestExpense`	$14.44M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.79M	USD	1 Quarter
Interest expense	`InterestExpense`	$24.60M	USD	2 Qtrs
Interest expense	`InterestExpense`	$11.60M	USD	2 Qtrs
Net gain (loss) on derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$2.13M	USD	1 Quarter
Net gain (loss) on derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-3.74M	USD	2 Qtrs
Net gain (loss) on derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$24.54M	USD	2 Qtrs
Net gain (loss) on derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$16.70M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$133.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$259.00K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-17.00K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-14.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$10.89M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-12.18M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$12.92M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-28.08M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$177.33M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$24.93M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$87.42M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$14.13M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$3.67M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$39.08M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$5.93M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$19.94M	USD	1 Quarter
Net income	`ProfitLoss`	$138.25M	USD	2 Qtrs
Net income	`ProfitLoss`	$67.48M	USD	1 Quarter
Net income	`ProfitLoss`	$70.77M	USD	1 Quarter
Net income	`ProfitLoss`	$19.00M	USD	1 Quarter
Net income	`ProfitLoss`	$-8.54M	USD	1 Quarter
Net income	`ProfitLoss`	$10.46M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.94M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$700.00K	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$8.62M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.12M	USD	1 Quarter
Net income attributable to Class A Common Stock	`NetIncomeLossAvailableToCommonStockholdersBasic`	$63.54M	USD	1 Quarter
Net income attributable to Class A Common Stock	`NetIncomeLossAvailableToCommonStockholdersBasic`	$9.77M	USD	2 Qtrs
Net income attributable to Class A Common Stock	`NetIncomeLossAvailableToCommonStockholdersBasic`	$17.88M	USD	1 Quarter
Net income attributable to Class A Common Stock	`NetIncomeLossAvailableToCommonStockholdersBasic`	$129.63M	USD	2 Qtrs
Basic (USD per share)	`EarningsPerShareBasic`	$0.24	USD	1 Quarter
Basic (USD per share)	`EarningsPerShareBasic`	$0.04	USD	2 Qtrs
Basic (USD per share)	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Basic (USD per share)	`EarningsPerShareBasic`	$0.49	USD	2 Qtrs
Diluted (USD per share)	`EarningsPerShareDiluted`	$0.49	USD	2 Qtrs
Diluted (USD per share)	`EarningsPerShareDiluted`	$0.24	USD	1 Quarter
Diluted (USD per share)	`EarningsPerShareDiluted`	$0.04	USD	2 Qtrs
Diluted (USD per share)	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$138.25M	USD	2 Qtrs
Net income	`ProfitLoss`	$67.48M	USD	1 Quarter
Net income	`ProfitLoss`	$70.77M	USD	1 Quarter
Net income	`ProfitLoss`	$19.00M	USD	1 Quarter
Net income	`ProfitLoss`	$-8.54M	USD	1 Quarter
Net income	`ProfitLoss`	$10.46M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense`	$74.95M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense`	$208.67M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense`	$140.96M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense`	$112.11M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$13.24M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$8.99M	USD	2 Qtrs
Impairment and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$35.68M	USD	2 Qtrs
Impairment and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$1.78M	USD	1 Quarter
Impairment and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$1.78M	USD	2 Qtrs
Impairment and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$4.42M	USD	1 Quarter
Exploratory dry hole costs	`ExploratoryAndOtherCosts`	$395.00K	USD	2 Qtrs
Exploratory dry hole costs	`ExploratoryAndOtherCosts`	-	USD	2 Qtrs
Deferred tax expense	`DeferredIncomeTaxesAndTaxCredits`	$39.08M	USD	2 Qtrs
Deferred tax expense	`DeferredIncomeTaxesAndTaxCredits`	$3.67M	USD	2 Qtrs
Net (gain) loss on sale of long-lived assets	`GainLossOnSaleOfProperty`	$-126.00K	USD	2 Qtrs
Net (gain) loss on sale of long-lived assets	`GainLossOnSaleOfProperty`	$-141.00K	USD	1 Quarter
Net (gain) loss on sale of long-lived assets	`GainLossOnSaleOfProperty`	$7.00K	USD	2 Qtrs
Net (gain) loss on sale of long-lived assets	`GainLossOnSaleOfProperty`	$9.00K	USD	1 Quarter
Non-cash portion of derivative (gain) loss	`UnrealizedGainLossOnDerivatives`	$-9.75M	USD	2 Qtrs
Non-cash portion of derivative (gain) loss	`UnrealizedGainLossOnDerivatives`	$19.02M	USD	2 Qtrs
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCosts`	$1.29M	USD	2 Qtrs
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCosts`	$806.00K	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$22.75M	USD	2 Qtrs
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$16.69M	USD	2 Qtrs
(Increase) decrease in prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-294.00K	USD	2 Qtrs
(Increase) decrease in prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$154.00K	USD	2 Qtrs
Increase (decrease) in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$20.34M	USD	2 Qtrs
Increase (decrease) in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$28.93M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$280.19M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$323.90M	USD	2 Qtrs
Acquisition of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$42.26M	USD	2 Qtrs
Acquisition of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$107.19M	USD	2 Qtrs
Drilling and development capital expenditures	`PaymentsToExploreAndDevelopOilAndGasProperties`	$469.00M	USD	2 Qtrs
Drilling and development capital expenditures	`PaymentsToExploreAndDevelopOilAndGasProperties`	$437.91M	USD	2 Qtrs
Purchases of other property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$3.26M	USD	2 Qtrs
Purchases of other property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$4.26M	USD	2 Qtrs
Proceeds from sales of oil and natural gas properties	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$25.92M	USD	2 Qtrs
Proceeds from sales of oil and natural gas properties	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$146.09M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-433.37M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-458.52M	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$115.00M	USD	2 Qtrs
Proceeds from borrowings under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$155.00M	USD	2 Qtrs
Repayment of borrowings under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$85.00M	USD	2 Qtrs
Repayment of borrowings under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$455.00M	USD	2 Qtrs
Proceeds from issuance of 2027 Senior Notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$496.18M	USD	2 Qtrs
Proceeds from issuance of 2027 Senior Notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$7.20M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$4.04M	USD	2 Qtrs
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$575.00K	USD	2 Qtrs
Restricted stock used for tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$257.00K	USD	2 Qtrs
Restricted stock used for tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$332.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$26.27M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$188.64M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-83.19M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$10.32M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$125.92M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.74M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.72M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.42M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$125.92M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.74M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.72M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.42M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.16M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$15.80M	USD	2 Qtrs
Operating cash flows from operating leases	`OperatingLeasePayments`	$11.49M	USD	2 Qtrs
Investing cash flows from operating leases	`OperatingLeasePaymentsUse`	$9.91M	USD	2 Qtrs
Accrued capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$128.81M	USD	2 Qtrs
Accrued capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$97.71M	USD	2 Qtrs
Asset retirement obligations incurred, including revisions to estimates	`AssetRetirementObligationPeriodIncreaseDecrease`	$714.00K	USD	2 Qtrs
Asset retirement obligations incurred, including revisions to estimates	`AssetRetirementObligationPeriodIncreaseDecrease`	$659.00K	USD	2 Qtrs
Right-of-use assets obtained in exchange for operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$35.27M	USD	2 Qtrs
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$125.92M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$31.74M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.72M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.42M	USD	Point-in-time

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.24B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.09B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.24B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.16B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.27B	USD	Point-in-time
Restricted stock used for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$291.00K	USD	1 Quarter
Restricted stock used for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$192.00K	USD	1 Quarter
Restricted stock used for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$65.00K	USD	1 Quarter
Restricted stock used for tax withholding	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$41.00K	USD	1 Quarter
Option exercises (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	0.00	shares	2 Qtrs
Option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$411.00K	USD	1 Quarter
Option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$164.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.66M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.48M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$6.76M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.33M	USD	1 Quarter
Conversion of common shares from Class C to Class A, net of tax	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$6.67M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$138.25M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$67.48M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$70.77M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$19.00M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-8.54M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$10.46M	USD	2 Qtrs
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.24B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.09B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.24B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.16B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.27B	USD	Point-in-time

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