10-K Filing

PERMIAN RESOURCES CORP CIK: 1658566 FY 2019

Filing Information

Form Type	10-K
Accession Number	`0001658566-20-000040`
Period End Date	20191231
Filing Date	20200224
Fiscal Year	2019
Fiscal Period	FY
XBRL Instance	cdev1231201910-k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 66 Cash Flow Statement 114 Stockholders Equity 24

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$117.31M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.16M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.22M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Accounts receivable, net	`AccountsAndOtherReceivablesNetCurrent`	$100.62M	USD	Point-in-time
Accounts receivable, net	`AccountsAndOtherReceivablesNetCurrent`	$101.91M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	-	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	$1.63M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.78M	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.99M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	620.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$120.13M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$130.19M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	620.00M	shares	Point-in-time
Unproved properties	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$1.47B	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`	$3.96B	USD	Point-in-time
Accumulated depreciation, depletion and amortization	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization`	$496.90M	USD	Point-in-time
Accumulated depreciation, depletion and amortization	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization`	$931.74M	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`	$4.50B	USD	Point-in-time
Other property and equipment, net	`PropertyPlantAndEquipmentNet`	$14.61M	USD	Point-in-time
Other property and equipment, net	`PropertyPlantAndEquipmentNet`	$8.84M	USD	Point-in-time
Total property and equipment, net	`PropertyPlantandEquipmentandOilandGasPropertySuccessfulEffortsMethodNet`	$4.09B	USD	Point-in-time
Total property and equipment, net	`PropertyPlantandEquipmentandOilandGasPropertySuccessfulEffortsMethodNet`	$4.52B	USD	Point-in-time
Operating Lease, Right-of-Use Asset	`OperatingLeaseRightOfUseAsset`	$11.84M	USD	Point-in-time
Operating Lease, Right-of-Use Asset	`OperatingLeaseRightOfUseAsset`	-	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$40.37M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$42.55M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$4.69B	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`	$244.31M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	$6.05M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	$325.00K	USD	Point-in-time
Operating Lease, Liability, Current	`OperatingLeaseLiabilityCurrent`	-	USD	Point-in-time
Operating Lease, Liability, Current	`OperatingLeaseLiabilityCurrent`	$9.23M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.09M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$600.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$254.47M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$247.72M	USD	Point-in-time
Long-term debt, net	`LongTermDebt`	$1.06B	USD	Point-in-time
Long-term debt, net	`LongTermDebt`	$691.63M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$16.87M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$13.89M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$85.50M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$62.17M	USD	Point-in-time
Operating Lease, Liability, Noncurrent	`OperatingLeaseLiabilityNoncurrent`	$3.35M	USD	Point-in-time
Operating Lease, Liability, Noncurrent	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	-	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$744.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.42B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.02B	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.83B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.98B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$282.34M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$266.54M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.26B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$3.10B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$143.69M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$12.58M	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`	$2.55B	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`	$4.69B	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Oil and gas sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$429.90M	USD	Annual
Oil and gas sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$944.33M	USD	Annual
Oil and gas sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$891.04M	USD	Annual
Oil And Gas Producing Activities, Lease Operating Expense	`OilAndGasProducingActivitiesLeaseOperatingExpense`	$83.31M	USD	Annual
Oil And Gas Producing Activities, Lease Operating Expense	`OilAndGasProducingActivitiesLeaseOperatingExpense`	$145.98M	USD	Annual
Oil And Gas Producing Activities, Lease Operating Expense	`OilAndGasProducingActivitiesLeaseOperatingExpense`	$41.34M	USD	Annual
Production Tax Expense	`ProductionTaxExpense`	$63.20M	USD	Annual
Production Tax Expense	`ProductionTaxExpense`	$23.17M	USD	Annual
Production Tax Expense	`ProductionTaxExpense`	$56.52M	USD	Annual
Oil And Gas Producing Activities, Transportation Costs	`OilAndGasProducingActivitiesTransportationCosts`	$34.26M	USD	Annual
Oil And Gas Producing Activities, Transportation Costs	`OilAndGasProducingActivitiesTransportationCosts`	$72.83M	USD	Annual
Oil And Gas Producing Activities, Transportation Costs	`OilAndGasProducingActivitiesTransportationCosts`	$57.62M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense`	$326.46M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense`	$444.24M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense`	$161.63M	USD	Annual
Impairment and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$11.14M	USD	Annual
Impairment and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$-29.00K	USD	Annual
Impairment and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$47.24M	USD	Annual
Exploration expense	`ExplorationExpense`	$14.37M	USD	Annual
Exploration expense	`ExplorationExpense`	$11.39M	USD	Annual
Exploration expense	`ExplorationExpense`	$9.97M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$79.16M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$63.30M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$49.88M	USD	Annual
Total operating expenses	`OperatingExpenses`	$324.62M	USD	Annual
Total operating expenses	`OperatingExpenses`	$608.33M	USD	Annual
Total operating expenses	`OperatingExpenses`	$864.04M	USD	Annual
Gain (Loss) on Disposition of Property Plant Equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-857.00K	USD	Annual
Gain (Loss) on Disposition of Property Plant Equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$8.80M	USD	Annual
Gain (Loss) on Disposition of Property Plant Equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$475.00K	USD	Annual
Income from operations	`OperatingIncomeLoss`	$79.43M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$283.19M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$114.08M	USD	Annual
Interest expense	`InterestExpense`	$26.36M	USD	Annual
Interest expense	`InterestExpense`	$55.99M	USD	Annual
Interest expense	`InterestExpense`	$5.73M	USD	Annual
Net gain (loss) on derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$-1.56M	USD	Annual
Net gain (loss) on derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$15.34M	USD	Annual
Net gain (loss) on derivative instruments	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$5.14M	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$8.00K	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	-	USD	Annual
Other income	`OtherNonoperatingIncomeExpense`	$334.00K	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$-591.00K	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$-11.01M	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$-57.22M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$113.48M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$22.21M	USD	Annual
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$272.18M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$59.44M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$5.80M	USD	Annual
Income tax expense	`IncomeTaxExpenseBenefit`	$29.93M	USD	Annual
Net income	`ProfitLoss`	$212.74M	USD	Annual
Net income	`ProfitLoss`	$16.41M	USD	Annual
Net income	`ProfitLoss`	$83.56M	USD	Annual
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$12.84M	USD	Annual
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$616.00K	USD	Annual
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$7.99M	USD	Annual
Net income attributable to Class A Common Stock	`NetIncomeLoss`	$199.90M	USD	Annual
Net income attributable to Class A Common Stock	`NetIncomeLoss`	$75.57M	USD	Annual
Net income attributable to Class A Common Stock	`NetIncomeLoss`	$15.80M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.32	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.06	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.76	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.06	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.32	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.75	USD	Annual

Cash Flow Statement 114 line items

Line Item	Tag	Value	Unit	Period
Operating Lease, Payments	`OperatingLeasePayments`	-	USD	Annual
Operating Lease, Payments	`OperatingLeasePayments`	-	USD	Annual
Operating Lease, Payments	`OperatingLeasePayments`	$16.77M	USD	Annual
Operating Lease, Payments, Use	`OperatingLeasePaymentsUse`	-	USD	Annual
Operating Lease, Payments, Use	`OperatingLeasePaymentsUse`	-	USD	Annual
Operating Lease, Payments, Use	`OperatingLeasePaymentsUse`	$20.91M	USD	Annual
Net income	`ProfitLoss`	$212.74M	USD	Annual
Net income	`ProfitLoss`	$16.41M	USD	Annual
Net income	`ProfitLoss`	$83.56M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense`	$326.46M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense`	$444.24M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense`	$161.63M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$29.00M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$13.76M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$20.67M	USD	Annual
Impairment and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$11.14M	USD	Annual
Impairment and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$-29.00K	USD	Annual
Impairment and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$47.24M	USD	Annual
Exploratory dry hole costs	`ExploratoryAndOtherCosts`	-	USD	Annual
Exploratory dry hole costs	`ExploratoryAndOtherCosts`	$5.66M	USD	Annual
Exploratory dry hole costs	`ExploratoryAndOtherCosts`	$528.00K	USD	Annual
Deferred tax expense	`DeferredIncomeTaxesAndTaxCredits`	$29.93M	USD	Annual
Deferred tax expense	`DeferredIncomeTaxesAndTaxCredits`	$5.80M	USD	Annual
Deferred tax expense	`DeferredIncomeTaxesAndTaxCredits`	$59.44M	USD	Annual
Net (gain) loss on sale of long-lived assets	`GainLossOnSaleOfProperty`	$475.00K	USD	Annual
Net (gain) loss on sale of long-lived assets	`GainLossOnSaleOfProperty`	$-857.00K	USD	Annual
Net (gain) loss on sale of long-lived assets	`GainLossOnSaleOfProperty`	$8.80M	USD	Annual
Non-cash portion of derivative (gain) loss	`UnrealizedGainLossOnDerivatives`	$4.09M	USD	Annual
Non-cash portion of derivative (gain) loss	`UnrealizedGainLossOnDerivatives`	$5.80M	USD	Annual
Non-cash portion of derivative (gain) loss	`UnrealizedGainLossOnDerivatives`	$-5.27M	USD	Annual
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCosts`	$1.75M	USD	Annual
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCosts`	$2.86M	USD	Annual
Amortization of debt issuance costs and discount	`AmortizationOfFinancingCosts`	$887.00K	USD	Annual
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$43.55M	USD	Annual
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$10.10M	USD	Annual
(Increase) decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$33.00M	USD	Annual
(Increase) decrease in prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.88M	USD	Annual
(Increase) decrease in prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.17M	USD	Annual
(Increase) decrease in prepaid and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.09M	USD	Annual
Increase (decrease) in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$33.83M	USD	Annual
Increase (decrease) in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$66.66M	USD	Annual
Increase (decrease) in accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$26.77M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$564.17M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$670.01M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$259.92M	USD	Annual
Acquisition of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$212.51M	USD	Annual
Acquisition of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$435.55M	USD	Annual
Acquisition of oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$103.71M	USD	Annual
Drilling and development capital expenditures	`PaymentsToExploreAndDevelopOilAndGasProperties`	$574.33M	USD	Annual
Drilling and development capital expenditures	`PaymentsToExploreAndDevelopOilAndGasProperties`	$855.15M	USD	Annual
Drilling and development capital expenditures	`PaymentsToExploreAndDevelopOilAndGasProperties`	$998.24M	USD	Annual
Purchases of other property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$4.92M	USD	Annual
Purchases of other property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$8.86M	USD	Annual
Purchases of other property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$6.06M	USD	Annual
Proceeds from sales of oil and natural gas properties	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$22.50M	USD	Annual
Proceeds from sales of oil and natural gas properties	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$34.73M	USD	Annual
Proceeds from sales of oil and natural gas properties	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$148.15M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-992.31M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-932.99M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.07B	USD	Annual
Issuance of Class A common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Issuance of Class A common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Issuance of Class A common stock	`ProceedsFromIssuanceOfCommonStock`	$340.75M	USD	Annual
Underwriting discount and offering costs	`PaymentsOfStockIssuanceCosts`	$7.29M	USD	Annual
Underwriting discount and offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Underwriting discount and offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Proceeds from borrowings under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$595.00M	USD	Annual
Proceeds from borrowings under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$475.00M	USD	Annual
Proceeds from borrowings under revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$275.00M	USD	Annual
Repayment of borrowings under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$175.00M	USD	Annual
Repayment of borrowings under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$720.00M	USD	Annual
Repayment of borrowings under revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$275.00M	USD	Annual
Proceeds from issuance of Senior Notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$400.00M	USD	Annual
Proceeds from issuance of Senior Notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$496.18M	USD	Annual
Proceeds from issuance of Senior Notes	`ProceedsFromIssuanceOfSeniorLongTermDebt`	-	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$877.00K	USD	Annual
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$982.00K	USD	Annual
Restricted stock used for tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.04M	USD	Annual
Restricted stock used for tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$644.00K	USD	Annual
Restricted stock used for tax withholdings	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.67M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$9.47M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$7.20M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$5.16M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$362.94M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$724.22M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$294.16M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-8.17M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-5.88M	USD	Annual
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-104.49M	USD	Annual
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`	$134.08M	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, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.54M	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`	$134.08M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.42M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.54M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$18.28M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$4.28M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$48.91M	USD	Annual
Accrued capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$126.48M	USD	Annual
Accrued capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$97.09M	USD	Annual
Accrued capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$119.49M	USD	Annual
Asset retirement obligations incurred, including revisions to estimates	`AssetRetirementObligationPeriodIncreaseDecrease`	$2.26M	USD	Annual
Asset retirement obligations incurred, including revisions to estimates	`AssetRetirementObligationPeriodIncreaseDecrease`	$4.04M	USD	Annual
Asset retirement obligations incurred, including revisions to estimates	`AssetRetirementObligationPeriodIncreaseDecrease`	$1.45M	USD	Annual
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$125.92M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$134.08M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.42M	USD	Point-in-time
Total cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.54M	USD	Point-in-time
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	Annual
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	Annual
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$34.83M	USD	Annual

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.24B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Balance, beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.27B	USD	Point-in-time
Conversion of common shares	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
Stock issued during period	`StockIssuedDuringPeriodValueNewIssues`	$340.75M	USD	Annual
Warrants exercised	`AdjustmentsToAdditionalPaidInCapitalWarrantIssued`	-	USD	Annual
Restricted stock used for tax withholding	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$644.00K	USD	Annual
Restricted stock used for tax withholding	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$1.04M	USD	Annual
Restricted stock used for tax withholding	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$1.67M	USD	Annual
Option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$877.00K	USD	Annual
Option exercises	`StockIssuedDuringPeriodValueStockOptionsExercised`	$982.00K	USD	Annual
Underwriters discount and offering expense	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$7.29M	USD	Annual
Change in equity due to issuance of shares by Centennial Resource Production, LLC	`NoncontrollingInterestChangeinValuationofNoncontrollingInterest`	-	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$20.67M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$29.00M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.76M	USD	Annual
Net income (loss)	`ProfitLoss`	$212.74M	USD	Annual
Net income (loss)	`ProfitLoss`	$16.41M	USD	Annual
Net income (loss)	`ProfitLoss`	$83.56M	USD	Annual
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.00B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.24B	USD	Point-in-time
Balance, end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.55B	USD	Point-in-time
Balance, 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.