10-Q Filing

HighPeak Energy, Inc. CIK: 1792849 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001437749-23-030421`
Period End Date	20230930
Filing Date	20231106
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	hpe20230930_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 93 Income Statement 100 Cash Flow Statement 98 Stockholders Equity 109

Balance Sheet 93 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$151.81M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.50M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$125.98M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$96.60M	USD	Point-in-time
Inventory	`InventoryNet`	$15.13M	USD	Point-in-time
Preferred Stock, Shares Issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Shares Issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Inventory	`InventoryNet`	$13.28M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$17.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$3.25M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Derivatives	`DerivativeAssetsCurrent`	$1.73M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	600.00M	shares	Point-in-time
Derivatives	`DerivativeAssetsCurrent`	$4.13M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$297.89M	USD	Point-in-time
Common Stock, Shares, Issued (in shares)	`CommonStockSharesIssued`	128.22M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$144.53M	USD	Point-in-time
Common Stock, Shares, Issued (in shares)	`CommonStockSharesIssued`	113.17M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	113.17M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	128.22M	shares	Point-in-time
Proved properties	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$3.15B	USD	Point-in-time
Proved properties	`ProvedOilAndGasPropertySuccessfulEffortMethod`	$2.27B	USD	Point-in-time
Unproved properties	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$79.96M	USD	Point-in-time
Unproved properties	`UnprovedOilAndGasPropertySuccessfulEffortMethod`	$114.67M	USD	Point-in-time
Accumulated depletion, depreciation and amortization	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization`	$551.37M	USD	Point-in-time
Accumulated depletion, depreciation and amortization	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization`	$259.96M	USD	Point-in-time
Total crude oil and natural gas properties, net	`OilAndGasPropertySuccessfulEffortMethodNet`	$2.68B	USD	Point-in-time
Total crude oil and natural gas properties, net	`OilAndGasPropertySuccessfulEffortMethodNet`	$2.12B	USD	Point-in-time
Other property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.59M	USD	Point-in-time
Other property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.54M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$7.23M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$6.43M	USD	Point-in-time
Total assets	`Assets`	$2.99B	USD	Point-in-time
Total assets	`Assets`	$2.28B	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	-	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$90.00M	USD	Point-in-time
Accrued capital expenditures	`AccruedCapitalExpendituresCurrent`	$60.57M	USD	Point-in-time
Accrued capital expenditures	`AccruedCapitalExpendituresCurrent`	$91.84M	USD	Point-in-time
Accounts payable trade	`AccountsPayableTradeCurrent`	$105.56M	USD	Point-in-time
Accounts payable trade	`AccountsPayableTradeCurrent`	$50.34M	USD	Point-in-time
Revenues and royalties payable	`AccruedRoyaltiesCurrent`	$15.62M	USD	Point-in-time
Revenues and royalties payable	`AccruedRoyaltiesCurrent`	$34.09M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$15.60M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$30.46M	USD	Point-in-time
Derivatives	`DerivativeLiabilitiesCurrent`	$16.70M	USD	Point-in-time
Derivatives	`DerivativeLiabilitiesCurrent`	$27.78M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$869.00K	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$13.15M	USD	Point-in-time
Operating leases	`OperatingLeaseLiabilityCurrent`	$517.00K	USD	Point-in-time
Operating leases	`OperatingLeaseLiabilityCurrent`	$343.00K	USD	Point-in-time
Advances from joint interest owners	`AdvancesFromJointInterestOwnersForCostsIncurredOnJointInterestWells`	$7.30M	USD	Point-in-time
Advances from joint interest owners	`AdvancesFromJointInterestOwnersForCostsIncurredOnJointInterestWells`	$28.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$266.13M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$294.65M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$704.35M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$1.06B	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$169.41M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$131.16M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$8.02M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$7.50M	USD	Point-in-time
Derivatives	`DerivativeLiabilitiesNoncurrent`	$691.00K	USD	Point-in-time
Derivatives	`DerivativeLiabilitiesNoncurrent`	$3.74M	USD	Point-in-time
Operating leases	`OperatingLeaseLiabilityNoncurrent`	-	USD	Point-in-time
Operating leases	`OperatingLeaseLiabilityNoncurrent`	$136.00K	USD	Point-in-time
Commitments and contingencies (Note 10)	`PreferredStockValue`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`PreferredStockValue`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`PreferredStockValue`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 600,000,000 shares authorized, 128,220,923 and 113,165,027 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$11.00K	USD	Point-in-time
Common stock, $0.0001 par value, 600,000,000 shares authorized, 128,220,923 and 113,165,027 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$13.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.01B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.18B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$271.83M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$160.74M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$900.39M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.26B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.10B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$553.06M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$693.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.46B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.17B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.22B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.99B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$2.28B	USD	Point-in-time

Income Statement 100 line items

Line Item	Tag	Value	Unit	Period
Crude oil sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$810.14M	USD	3 Qtrs
Crude oil sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$345.59M	USD	1 Quarter
Crude oil sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$497.77M	USD	3 Qtrs
Crude oil sales	`RevenueFromContractWithCustomerExcludingAssessedTax`	$204.11M	USD	1 Quarter
Crude oil and natural gas production	`OperatingLeaseExpense`	$39.82M	USD	1 Quarter
Crude oil and natural gas production	`OperatingLeaseExpense`	$19.71M	USD	1 Quarter
Crude oil and natural gas production	`OperatingLeaseExpense`	$45.75M	USD	3 Qtrs
Crude oil and natural gas production	`OperatingLeaseExpense`	$107.70M	USD	3 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$44.40M	USD	3 Qtrs
Production and ad valorem taxes	`ProductionTaxExpense`	$10.53M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$18.84M	USD	1 Quarter
Production and ad valorem taxes	`ProductionTaxExpense`	$25.83M	USD	3 Qtrs
Exploration and abandonments	`ExplorationExpense`	$290.00K	USD	1 Quarter
Exploration and abandonments	`ExplorationExpense`	$1.73M	USD	1 Quarter
Exploration and abandonments	`ExplorationExpense`	$4.37M	USD	3 Qtrs
Exploration and abandonments	`ExplorationExpense`	$683.00K	USD	3 Qtrs
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$42.62M	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$117.42M	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$94.53M	USD	3 Qtrs
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$291.56M	USD	3 Qtrs
Accretion of discount	`AssetRetirementObligationAccretionExpense`	$122.00K	USD	1 Quarter
Accretion of discount	`AssetRetirementObligationAccretionExpense`	$125.00K	USD	1 Quarter
Accretion of discount	`AssetRetirementObligationAccretionExpense`	$360.00K	USD	3 Qtrs
Accretion of discount	`AssetRetirementObligationAccretionExpense`	$245.00K	USD	3 Qtrs
General and administrative	`SellingGeneralAndAdministrativeExpense`	$1.88M	USD	1 Quarter
General and administrative	`SellingGeneralAndAdministrativeExpense`	$11.95M	USD	3 Qtrs
General and administrative	`SellingGeneralAndAdministrativeExpense`	$6.93M	USD	1 Quarter
General and administrative	`SellingGeneralAndAdministrativeExpense`	$5.83M	USD	3 Qtrs
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$22.09M	USD	3 Qtrs
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$14.06M	USD	1 Quarter
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$10.65M	USD	1 Quarter
Stock-based compensation	`AllocatedShareBasedCompensationExpense`	$29.21M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$202.08M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$482.43M	USD	3 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$198.92M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$85.80M	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	-	USD	3 Qtrs
Other expense	`OtherNonoperatingExpense`	$8.04M	USD	3 Qtrs
Other expense	`OtherNonoperatingExpense`	$540.00K	USD	1 Quarter
Other expense	`OtherNonoperatingExpense`	-	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$146.13M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$295.69M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$319.67M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$118.31M	USD	1 Quarter
Interest and other income	`InvestmentIncomeInterest`	$730.00K	USD	1 Quarter
Interest and other income	`InvestmentIncomeInterest`	$253.00K	USD	3 Qtrs
Interest and other income	`InvestmentIncomeInterest`	$923.00K	USD	3 Qtrs
Interest and other income	`InvestmentIncomeInterest`	$1.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$103.28M	USD	3 Qtrs
Interest expense	`InterestExpense`	$14.61M	USD	1 Quarter
Interest expense	`InterestExpense`	$37.02M	USD	1 Quarter
Interest expense	`InterestExpense`	$29.14M	USD	3 Qtrs
Gain (loss) on derivative instruments, net	`GainLossOnDerivativeInstrumentsNetPretax`	$-30.90M	USD	3 Qtrs
Gain (loss) on derivative instruments, net	`GainLossOnDerivativeInstrumentsNetPretax`	$-42.49M	USD	3 Qtrs
Gain (loss) on derivative instruments, net	`GainLossOnDerivativeInstrumentsNetPretax`	$-29.66M	USD	1 Quarter
Gain (loss) on derivative instruments, net	`GainLossOnDerivativeInstrumentsNetPretax`	$35.80M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-27.30M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-27.30M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$159.11M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$52.88M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$224.31M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$139.50M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.10M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$38.25M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$55.36M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$31.60M	USD	1 Quarter
Net income	`NetIncomeLoss`	$120.86M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$-16.51M	USD	1 Quarter
Net income	`NetIncomeLoss`	$77.56M	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$50.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$31.83M	USD	1 Quarter
Net income	`NetIncomeLoss`	$107.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$168.96M	USD	3 Qtrs
Basic net income (in dollars per share)	`EarningsPerShareBasic`	$0.90	USD	1 Quarter
Basic net income (in dollars per share)	`EarningsPerShareBasic`	$0.94	USD	3 Qtrs
Basic net income (in dollars per share)	`EarningsPerShareBasic`	$0.28	USD	1 Quarter
Basic net income (in dollars per share)	`EarningsPerShareBasic`	$1.48	USD	3 Qtrs
Diluted net income (in dollars per share)	`EarningsPerShareDiluted`	$0.85	USD	1 Quarter
Diluted net income (in dollars per share)	`EarningsPerShareDiluted`	$0.90	USD	3 Qtrs
Diluted net income (in dollars per share)	`EarningsPerShareDiluted`	$1.40	USD	3 Qtrs
Diluted net income (in dollars per share)	`EarningsPerShareDiluted`	$0.28	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	123.16M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	108.68M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	102.61M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	115.16M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	120.53M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.14M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	127.01M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.12M	shares	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$120.86M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$-16.51M	USD	1 Quarter
Net income	`NetIncomeLoss`	$77.56M	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$50.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$31.83M	USD	1 Quarter
Net income	`NetIncomeLoss`	$107.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$168.96M	USD	3 Qtrs
Provision for deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-38.25M	USD	3 Qtrs
Provision for deferred income taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-55.36M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-27.30M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-27.30M	USD	3 Qtrs
Loss on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$-29.66M	USD	1 Quarter
Loss on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$-42.49M	USD	3 Qtrs
Loss on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$35.80M	USD	1 Quarter
Loss on derivative instruments, net	`DerivativeGainLossOnDerivativeNet`	$-30.90M	USD	3 Qtrs
Cash paid on settlement of derivative instruments	`NetCashReceiptsFromPaymentsOnDerivatives`	$2.30M	USD	1 Quarter
Cash paid on settlement of derivative instruments	`NetCashReceiptsFromPaymentsOnDerivatives`	$13.77M	USD	1 Quarter
Cash paid on settlement of derivative instruments	`NetCashReceiptsFromPaymentsOnDerivatives`	$64.14M	USD	3 Qtrs
Cash paid on settlement of derivative instruments	`NetCashReceiptsFromPaymentsOnDerivatives`	$21.03M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$3.26M	USD	3 Qtrs
Amortization of debt issuance costs	`AmortizationOfFinancingCosts`	$9.35M	USD	3 Qtrs
Amortization of discounts on long-term debt	`AmortizationOfDebtDiscountPremium`	$4.61M	USD	3 Qtrs
Amortization of discounts on long-term debt	`AmortizationOfDebtDiscountPremium`	$12.66M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$29.21M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$22.09M	USD	3 Qtrs
Accretion expense	`AccretionExpenseIncludingAssetRetirementObligations`	$245.00K	USD	3 Qtrs
Accretion expense	`AccretionExpenseIncludingAssetRetirementObligations`	$360.00K	USD	3 Qtrs
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$42.62M	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$117.42M	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$94.53M	USD	3 Qtrs
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$291.56M	USD	3 Qtrs
Exploration and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$3.75M	USD	3 Qtrs
Exploration and abandonment expense	`ExplorationAbandonmentAndImpairmentExpense`	$134.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$29.39M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$43.82M	USD	3 Qtrs
Prepaid expenses, inventory and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$7.15M	USD	3 Qtrs
Prepaid expenses, inventory and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.63M	USD	3 Qtrs
Accounts payable, accrued liabilities and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$19.13M	USD	3 Qtrs
Accounts payable, accrued liabilities and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$16.70M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$521.74M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$302.81M	USD	3 Qtrs
Additions to crude oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$840.66M	USD	3 Qtrs
Additions to crude oil and natural gas properties	`PaymentsToExploreAndDevelopOilAndGasProperties`	$725.11M	USD	3 Qtrs
Changes in working capital associated with crude oil and natural gas property additions	`IncreaseDecreaseInWorkingCapitalAssociatedWithOilAndNaturalGasPropertyAdditions`	$-86.47M	USD	3 Qtrs
Changes in working capital associated with crude oil and natural gas property additions	`IncreaseDecreaseInWorkingCapitalAssociatedWithOilAndNaturalGasPropertyAdditions`	$142.30M	USD	3 Qtrs
Acquisitions of crude oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$9.60M	USD	3 Qtrs
Acquisitions of crude oil and natural gas properties	`PaymentsToAcquireOilAndGasProperty`	$258.38M	USD	3 Qtrs
Deposit and other costs related to pending acquisitions	`PaymentsForDepositAndOtherCostsRelatedToPendingAcquisitions`	-	USD	3 Qtrs
Deposit and other costs related to pending acquisitions	`PaymentsForDepositAndOtherCostsRelatedToPendingAcquisitions`	$409.00K	USD	3 Qtrs
Other property additions	`PaymentsToAcquireOtherProductiveAssets`	$2.16M	USD	3 Qtrs
Other property additions	`PaymentsToAcquireOtherProductiveAssets`	$103.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-843.35M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-937.25M	USD	3 Qtrs
Proceeds from issuance of 10.000% Senior Notes, net of discount	`ProceedsFromIssuanceOfUnsecuredDebt`	$210.18M	USD	3 Qtrs
Proceeds from issuance of 10.000% Senior Notes, net of discount	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	3 Qtrs
Repayments under Credit Agreement	`RepaymentsOfLinesOfCredit`	$195.00M	USD	3 Qtrs
Repayments under Credit Agreement	`RepaymentsOfLinesOfCredit`	$525.00M	USD	3 Qtrs
Repayments of 10.000% Senior Notes and 10.625% Senior Notes	`RepaymentsOfUnsecuredDebt`	-	USD	3 Qtrs
Repayments of 10.000% Senior Notes and 10.625% Senior Notes	`RepaymentsOfUnsecuredDebt`	$475.00M	USD	3 Qtrs
Premium on extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	-	USD	3 Qtrs
Premium on extinguishment of debt	`PaymentsOfDebtExtinguishmentCosts`	$4.46M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfPrivatePlacement`	$85.00M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfPrivatePlacement`	$155.77M	USD	3 Qtrs
Proceeds from exercises of warrants	`ProceedsFromWarrantExercises`	$7.78M	USD	3 Qtrs
Proceeds from exercises of warrants	`ProceedsFromWarrantExercises`	$1.73M	USD	3 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$148.00K	USD	3 Qtrs
Proceeds from exercises of stock options	`ProceedsFromStockOptionsExercised`	$120.00K	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$9.22M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$26.40M	USD	3 Qtrs
Stock offering costs	`PaymentsOfStockIssuanceCosts`	$5.37M	USD	3 Qtrs
Stock offering costs	`PaymentsOfStockIssuanceCosts`	$290.00K	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$7.64M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$8.71M	USD	3 Qtrs
Dividend equivalents paid	`PaymentsOfDividendsEquivalents`	$903.00K	USD	3 Qtrs
Dividend equivalents paid	`PaymentsOfDividendsEquivalents`	$908.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$540.02M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$536.81M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$121.30M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-521.00K	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.87M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.35M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$30.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$151.81M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.87M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$34.35M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$30.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations`	$151.81M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$93.55M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$18.32M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Stock issued for acquisition	`StockIssued1`	$264.98M	USD	3 Qtrs
Stock issued for acquisition	`StockIssued1`	-	USD	3 Qtrs
Additions to asset retirement obligations	`IncreaseDecreaseInAssetRetirementObligations`	$3.75M	USD	3 Qtrs
Additions to asset retirement obligations	`IncreaseDecreaseInAssetRetirementObligations`	$241.00K	USD	3 Qtrs

Stockholders Equity 109 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Dividend Equivalents, Per Share, Declared (in dollars per share)	`DividendEquivalentsPerShareDeclared`	$0.03	USD	1 Quarter
Dividend Equivalents, Per Share, Declared (in dollars per share)	`DividendEquivalentsPerShareDeclared`	$0.03	USD	1 Quarter
Dividend Equivalents, Per Share, Declared (in dollars per share)	`DividendEquivalentsPerShareDeclared`	$0.03	USD	1 Quarter
Dividend Equivalents, Per Share, Declared (in dollars per share)	`DividendEquivalentsPerShareDeclared`	$0.03	USD	1 Quarter
Dividend Equivalents, Per Share, Declared (in dollars per share)	`DividendEquivalentsPerShareDeclared`	$0.03	USD	1 Quarter
Dividend Equivalents, Per Share, Declared (in dollars per share)	`DividendEquivalentsPerShareDeclared`	$0.03	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	3 Qtrs
Common Stock, Dividends, Per Share, Declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.07	USD	3 Qtrs
Common Stock, Dividends, Per Share, Declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Common Stock, Dividends, Per Share, Declared (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.03	USD	1 Quarter
Dividend Equivalents, Per Share, Declared (in dollars per share)	`DividendEquivalentsPerShareDeclared`	$0.03	USD	1 Quarter
Dividend Equivalents, Per Share, Declared (in dollars per share)	`DividendEquivalentsPerShareDeclared`	$0.03	USD	1 Quarter
Dividend Equivalents, Per Share, Declared (in dollars per share)	`DividendEquivalentsPerShareDeclared`	$0.03	USD	1 Quarter
Dividend Equivalents, Per Share, Declared (in dollars per share)	`DividendEquivalentsPerShareDeclared`	$0.03	USD	1 Quarter
Dividend Equivalents, Per Share, Declared (in dollars per share)	`DividendEquivalentsPerShareDeclared`	$0.03	USD	1 Quarter
Dividend Equivalents, Per Share, Declared (in dollars per share)	`DividendEquivalentsPerShareDeclared`	$0.03	USD	1 Quarter
Balance	`StockholdersEquity`	$900.39M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.26B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.10B	USD	Point-in-time
Balance	`StockholdersEquity`	$553.06M	USD	Point-in-time
Balance	`StockholdersEquity`	$693.88M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.46B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.22B	USD	Point-in-time
Dividends declared ($0.025 per share)	`DividendsCash`	$2.73M	USD	1 Quarter
Dividends declared ($0.025 per share)	`DividendsCash`	$2.43M	USD	1 Quarter
Dividends declared ($0.025 per share)	`DividendsCash`	$3.21M	USD	1 Quarter
Dividends declared ($0.025 per share)	`DividendsCash`	$2.83M	USD	1 Quarter
Dividends declared ($0.025 per share)	`DividendsCash`	$2.83M	USD	1 Quarter
Dividends declared ($0.025 per share)	`DividendsCash`	$2.63M	USD	1 Quarter
Dividend equivalents declared on outstanding stock options ($0.025 per share)	`DividendEquivalentsCash`	$249.00K	USD	1 Quarter
Dividend equivalents declared on outstanding stock options ($0.025 per share)	`DividendEquivalentsCash`	$-270.00K	USD	1 Quarter
Dividend equivalents declared on outstanding stock options ($0.025 per share)	`DividendEquivalentsCash`	$250.00K	USD	1 Quarter
Dividend equivalents declared on outstanding stock options ($0.025 per share)	`DividendEquivalentsCash`	$336.00K	USD	1 Quarter
Dividend equivalents declared on outstanding stock options ($0.025 per share)	`DividendEquivalentsCash`	$287.00K	USD	1 Quarter
Dividend equivalents declared on outstanding stock options ($0.025 per share)	`DividendEquivalentsCash`	$288.00K	USD	1 Quarter
Exercise of warrants	`StockIssuedDuringPeriodValueExerciseOfWarrants`	$2.00K	USD	1 Quarter
Exercise of warrants	`StockIssuedDuringPeriodValueExerciseOfWarrants`	$6.97M	USD	1 Quarter
Exercise of warrants	`StockIssuedDuringPeriodValueExerciseOfWarrants`	$1.73M	USD	1 Quarter
Exercise of warrants	`StockIssuedDuringPeriodValueExerciseOfWarrants`	$30.00K	USD	1 Quarter
Exercise of warrants	`StockIssuedDuringPeriodValueExerciseOfWarrants`	$779.00K	USD	1 Quarter
Shares issued upon options being exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	12,000.00	shares	3 Qtrs
Shares issued upon options being exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	11,834.00	shares	3 Qtrs
Shares issued upon options being exercised (in shares)	`StockIssuedDuringPeriodSharesStockOptionsExercised`	12,000.00	shares	Annual
Shares issued upon options being exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$45.00K	USD	1 Quarter
Shares issued upon options being exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$148.00K	USD	1 Quarter
Shares issued upon options being exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$75.00K	USD	1 Quarter
Compensation costs included in net income	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.98M	USD	1 Quarter
Compensation costs included in net income	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.61M	USD	1 Quarter
Compensation costs included in net income	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.43M	USD	1 Quarter
Compensation costs included in net income	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.06M	USD	1 Quarter
Compensation costs included in net income	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.65M	USD	1 Quarter
Compensation costs included in net income	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$120.86M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$-16.51M	USD	1 Quarter
Net income	`NetIncomeLoss`	$77.56M	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.78M	USD	1 Quarter
Net income	`NetIncomeLoss`	$50.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$31.83M	USD	1 Quarter
Net income	`NetIncomeLoss`	$107.90M	USD	1 Quarter
Net income	`NetIncomeLoss`	$168.96M	USD	3 Qtrs
Dividends declared ($0.025 per share)	`DividendsCash`	$2.73M	USD	1 Quarter
Dividends declared ($0.025 per share)	`DividendsCash`	$2.43M	USD	1 Quarter
Dividends declared ($0.025 per share)	`DividendsCash`	$3.21M	USD	1 Quarter
Dividends declared ($0.025 per share)	`DividendsCash`	$2.83M	USD	1 Quarter
Dividends declared ($0.025 per share)	`DividendsCash`	$2.83M	USD	1 Quarter
Dividends declared ($0.025 per share)	`DividendsCash`	$2.63M	USD	1 Quarter
Dividend equivalents declared on outstanding stock options ($0.025 per share)	`DividendEquivalentsCash`	$249.00K	USD	1 Quarter
Dividend equivalents declared on outstanding stock options ($0.025 per share)	`DividendEquivalentsCash`	$-270.00K	USD	1 Quarter
Dividend equivalents declared on outstanding stock options ($0.025 per share)	`DividendEquivalentsCash`	$250.00K	USD	1 Quarter
Dividend equivalents declared on outstanding stock options ($0.025 per share)	`DividendEquivalentsCash`	$336.00K	USD	1 Quarter
Dividend equivalents declared on outstanding stock options ($0.025 per share)	`DividendEquivalentsCash`	$287.00K	USD	1 Quarter
Dividend equivalents declared on outstanding stock options ($0.025 per share)	`DividendEquivalentsCash`	$288.00K	USD	1 Quarter
Stock issued in public offering (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	14.84M	shares	Point-in-time
Stock issued in public offering (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	3.93M	shares	Point-in-time
Stock issued in public offering	`StockIssuedDuringPeriodValueNewIssues`	$155.77M	USD	1 Quarter
Stock issued in public offering	`StockIssuedDuringPeriodValueNewIssues`	$85.00M	USD	1 Quarter
Stock issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$55.00K	USD	1 Quarter
Stock issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$5.37M	USD	1 Quarter
Stock issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$232.00K	USD	1 Quarter
Stock issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$3.00K	USD	1 Quarter
Stock issued for acquisition (in shares)	`StockIssuedDuringPeriodSharesAcquisitions`	3.52M	shares	Point-in-time
Stock issued for acquisition (in shares)	`StockIssuedDuringPeriodSharesAcquisitions`	6.96M	shares	Point-in-time
Stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$108.38M	USD	1 Quarter
Stock issued for acquisition	`StockIssuedDuringPeriodValueAcquisitions`	$156.60M	USD	1 Quarter
Stock issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$55.00K	USD	1 Quarter
Stock issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$5.37M	USD	1 Quarter
Stock issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$232.00K	USD	1 Quarter
Stock issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$3.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$900.39M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.26B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.10B	USD	Point-in-time
Balance	`StockholdersEquity`	$553.06M	USD	Point-in-time
Balance	`StockholdersEquity`	$693.88M	USD	Point-in-time
Balance	`StockholdersEquity`	$1.46B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.17B	USD	Point-in-time
Balance	`StockholdersEquity`	$1.22B	USD	Point-in-time

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