10-Q Filing

MATADOR RESOURCES CO CIK: 1520006 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001520006-18-000102`
Period End Date	20180630
Filing Date	20180806
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	mtdr-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 91 Income Statement 96 Cash Flow Statement 83 Stockholders Equity 21

Balance Sheet 91 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	160.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	120.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$96.50M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$131.47M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$122.45M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	116.46M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	108.51M	shares	Point-in-time
Restricted cash	`RestrictedCash`	$15.04M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	116.36M	shares	Point-in-time
Restricted cash	`RestrictedCash`	$5.98M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$21.06M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	108.51M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	3,437.00	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	103,432.00	shares	Point-in-time
Oil and natural gas revenues	`AccountsReceivableNetCurrent`	$65.96M	USD	Point-in-time
Oil and natural gas revenues	`AccountsReceivableNetCurrent`	$74.77M	USD	Point-in-time
Joint interest billings	`OilAndGasJointInterestBillingReceivablesCurrent`	$67.22M	USD	Point-in-time
Joint interest billings	`OilAndGasJointInterestBillingReceivablesCurrent`	$71.04M	USD	Point-in-time
Other	`OtherReceivablesNetCurrent`	$8.03M	USD	Point-in-time
Other	`OtherReceivablesNetCurrent`	$4.73M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	$5.88M	USD	Point-in-time
Derivative instruments	`DerivativeAssetsCurrent`	$1.19M	USD	Point-in-time
Lease and well equipment inventory	`OtherInventoryNetOfReserves`	$12.56M	USD	Point-in-time
Lease and well equipment inventory	`OtherInventoryNetOfReserves`	$5.99M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$6.29M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.45M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$257.17M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$320.94M	USD	Point-in-time
Evaluated	`OilAndGasPropertyFullCostMethodGross`	$3.34B	USD	Point-in-time
Evaluated	`OilAndGasPropertyFullCostMethodGross`	$3.00B	USD	Point-in-time
Unproved and unevaluated	`CapitalizedCostsUnprovedProperties`	$637.40M	USD	Point-in-time
Unproved and unevaluated	`CapitalizedCostsUnprovedProperties`	$692.54M	USD	Point-in-time
Midstream and other property and equipment	`PropertyPlantAndEquipmentOther`	$360.97M	USD	Point-in-time
Midstream and other property and equipment	`PropertyPlantAndEquipmentOther`	$281.10M	USD	Point-in-time
Less accumulated depletion, depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.16B	USD	Point-in-time
Less accumulated depletion, depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.04B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$1.88B	USD	Point-in-time
Net property and equipment	`PropertyPlantAndEquipmentNet`	$2.23B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.06M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.89M	USD	Point-in-time
Total assets	`Assets`	$2.56B	USD	Point-in-time
Total assets	`Assets`	$1.78B	USD	Point-in-time
Total assets	`Assets`	$2.15B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$11.76M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$25.28M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$133.37M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$174.35M	USD	Point-in-time
Royalties payable	`AccruedRoyaltiesCurrent`	$69.75M	USD	Point-in-time
Royalties payable	`AccruedRoyaltiesCurrent`	$61.36M	USD	Point-in-time
Amounts due to affiliates	`DueToAffiliateCurrent`	$10.30M	USD	Point-in-time
Amounts due to affiliates	`DueToAffiliateCurrent`	$8.11M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	$4.02M	USD	Point-in-time
Derivative instruments	`DerivativeLiabilitiesCurrent`	$16.43M	USD	Point-in-time
Advances from joint interest owners	`AdvancesFromJointInterestOwnersForCostsIncurredOnJointInterestWells`	$2.79M	USD	Point-in-time
Advances from joint interest owners	`AdvancesFromJointInterestOwnersForCostsIncurredOnJointInterestWells`	$18.81M	USD	Point-in-time
Amounts due to joint ventures	`DuetoJointVenturesCurrent`	$4.87M	USD	Point-in-time
Amounts due to joint ventures	`DuetoJointVenturesCurrent`	$3.37M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$750.00K	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$893.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$263.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$282.61M	USD	Point-in-time
Senior unsecured notes payable	`DebtInstrumentFaceAmount`	$574.07M	USD	Point-in-time
Senior unsecured notes payable	`DebtInstrumentFaceAmount`	$574.16M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$25.08M	USD	Point-in-time
Asset retirement obligations	`AssetRetirementObligationsNoncurrent`	$26.89M	USD	Point-in-time
Amounts due to joint ventures	`DerivativeLiabilitiesNoncurrent`	$5.25M	USD	Point-in-time
Amounts due to joint ventures	`DerivativeLiabilitiesNoncurrent`	-	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.38M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$6.19M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$612.50M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$605.54M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock - $0.01 par value, 160,000,000 shares authorized; 116,461,171 and 108,513,597 shares issued; and 116,357,739 and 108,510,160 shares outstanding, respectively	`CommonStockValue`	$1.17M	USD	Point-in-time
Common stock - $0.01 par value, 160,000,000 shares authorized; 116,461,171 and 108,513,597 shares issued; and 116,357,739 and 108,510,160 shares outstanding, respectively	`CommonStockValue`	$1.08M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.92B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.67B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-390.78M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-510.48M	USD	Point-in-time
Treasury stock, at cost, 103,432 and 3,437 shares, respectively	`TreasuryStockValue`	$2.67M	USD	Point-in-time
Treasury stock, at cost, 103,432 and 3,437 shares, respectively	`TreasuryStockValue`	$69.00K	USD	Point-in-time
Total Matador Resources Company shareholders equity	`StockholdersEquity`	$1.16B	USD	Point-in-time
Total Matador Resources Company shareholders equity	`StockholdersEquity`	$1.52B	USD	Point-in-time
Non-controlling interest in subsidiaries	`MinorityInterest`	$155.22M	USD	Point-in-time
Non-controlling interest in subsidiaries	`MinorityInterest`	$100.99M	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Total shareholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$2.56B	USD	Point-in-time
Total liabilities and shareholders equity	`LiabilitiesAndStockholdersEquity`	$2.15B	USD	Point-in-time

Income Statement 96 line items

Line Item	Tag	Value	Unit	Period
Oil and natural gas revenues	`OilAndGasSalesRevenue`	$209.02M	USD	1 Quarter
Oil and natural gas revenues	`OilAndGasSalesRevenue`	$113.76M	USD	1 Quarter
Oil and natural gas revenues	`OilAndGasSalesRevenue`	$390.97M	USD	2 Qtrs
Oil and natural gas revenues	`OilAndGasSalesRevenue`	$228.61M	USD	2 Qtrs
Third-party midstream services revenues	`NaturalGasMidstreamRevenue`	$6.47M	USD	2 Qtrs
Third-party midstream services revenues	`NaturalGasMidstreamRevenue`	$3.41M	USD	1 Quarter
Third-party midstream services revenues	`NaturalGasMidstreamRevenue`	$3.65M	USD	2 Qtrs
Third-party midstream services revenues	`NaturalGasMidstreamRevenue`	$2.10M	USD	1 Quarter
Realized (loss) gain on derivatives	`GainLossOnSaleOfDerivatives`	$-1.66M	USD	2 Qtrs
Realized (loss) gain on derivatives	`GainLossOnSaleOfDerivatives`	$558.00K	USD	1 Quarter
Realized (loss) gain on derivatives	`GainLossOnSaleOfDerivatives`	$-6.75M	USD	2 Qtrs
Realized (loss) gain on derivatives	`GainLossOnSaleOfDerivatives`	$-2.49M	USD	1 Quarter
Unrealized gain on derivatives	`UnrealizedGainLossOnDerivatives`	$13.19M	USD	1 Quarter
Unrealized gain on derivatives	`UnrealizedGainLossOnDerivatives`	$33.82M	USD	2 Qtrs
Unrealized gain on derivatives	`UnrealizedGainLossOnDerivatives`	$1.43M	USD	1 Quarter
Unrealized gain on derivatives	`UnrealizedGainLossOnDerivatives`	$11.85M	USD	2 Qtrs
Total revenues	`Revenues`	$129.61M	USD	1 Quarter
Total revenues	`Revenues`	$264.43M	USD	2 Qtrs
Total revenues	`Revenues`	$402.55M	USD	2 Qtrs
Total revenues	`Revenues`	$211.37M	USD	1 Quarter
Production taxes, transportation and processing	`ProductionTaxesAndMarketing`	$12.88M	USD	1 Quarter
Production taxes, transportation and processing	`ProductionTaxesAndMarketing`	$37.90M	USD	2 Qtrs
Production taxes, transportation and processing	`ProductionTaxesAndMarketing`	$24.68M	USD	2 Qtrs
Production taxes, transportation and processing	`ProductionTaxesAndMarketing`	$20.11M	USD	1 Quarter
Lease operating	`LeaseOperatingExpense`	$31.80M	USD	2 Qtrs
Lease operating	`LeaseOperatingExpense`	$16.04M	USD	1 Quarter
Lease operating	`LeaseOperatingExpense`	$25.01M	USD	1 Quarter
Lease operating	`LeaseOperatingExpense`	$47.15M	USD	2 Qtrs
Plant and other midstream services operating	`NaturalGasMidstreamCosts`	$9.90M	USD	2 Qtrs
Plant and other midstream services operating	`NaturalGasMidstreamCosts`	$5.68M	USD	1 Quarter
Plant and other midstream services operating	`NaturalGasMidstreamCosts`	$2.94M	USD	1 Quarter
Plant and other midstream services operating	`NaturalGasMidstreamCosts`	$5.28M	USD	2 Qtrs
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.27M	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$66.84M	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$75.27M	USD	2 Qtrs
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$122.21M	USD	2 Qtrs
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$739.00K	USD	2 Qtrs
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$314.00K	USD	1 Quarter
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$614.00K	USD	2 Qtrs
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$375.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$37.30M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$17.18M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$19.37M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$33.52M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$137.37M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$90.62M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$171.16M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$255.19M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$93.27M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$73.99M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$38.99M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$147.35M	USD	2 Qtrs
Net gain on asset sales and inventory impairment	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	-	USD	1 Quarter
Net gain on asset sales and inventory impairment	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$7.00K	USD	2 Qtrs
Net gain on asset sales and inventory impairment	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	-	USD	2 Qtrs
Net gain on asset sales and inventory impairment	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$16.50M	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$9.22M	USD	1 Quarter
Interest expense	`InterestExpense`	$17.68M	USD	2 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$1.92M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$1.99M	USD	2 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-299.00K	USD	2 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-352.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-7.30M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-16.79M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-15.68M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-8.36M	USD	1 Quarter
Net income	`ProfitLoss`	$31.69M	USD	1 Quarter
Net income	`ProfitLoss`	$65.64M	USD	1 Quarter
Net income	`ProfitLoss`	$77.59M	USD	2 Qtrs
Net income	`ProfitLoss`	$130.56M	USD	2 Qtrs
Net income attributable to non-controlling interest in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.09M	USD	2 Qtrs
Net income attributable to non-controlling interest in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$10.86M	USD	2 Qtrs
Net income attributable to non-controlling interest in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$5.83M	USD	1 Quarter
Net income attributable to non-controlling interest in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.18M	USD	1 Quarter
Net income attributable to Matador Resources Company shareholders	`NetIncomeLoss`	$119.70M	USD	2 Qtrs
Net income attributable to Matador Resources Company shareholders	`NetIncomeLoss`	$59.81M	USD	1 Quarter
Net income attributable to Matador Resources Company shareholders	`NetIncomeLoss`	$28.51M	USD	1 Quarter
Net income attributable to Matador Resources Company shareholders	`NetIncomeLoss`	$72.49M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.28	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.53	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.72	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.08	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.28	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.08	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.72	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.53	USD	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	110.81M	shares	2 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	100.21M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	112.71M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	100.00M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	100.45M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.06M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.28M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	100.23M	shares	1 Quarter

Cash Flow Statement 83 line items

Line Item	Tag	Value	Unit	Period
Current period net income	`ProfitLoss`	$31.69M	USD	1 Quarter
Current period net income	`ProfitLoss`	$65.64M	USD	1 Quarter
Current period net income	`ProfitLoss`	$77.59M	USD	2 Qtrs
Current period net income	`ProfitLoss`	$130.56M	USD	2 Qtrs
Unrealized gain on derivatives	`UnrealizedGainLossOnDerivatives`	$13.19M	USD	1 Quarter
Unrealized gain on derivatives	`UnrealizedGainLossOnDerivatives`	$33.82M	USD	2 Qtrs
Unrealized gain on derivatives	`UnrealizedGainLossOnDerivatives`	$1.43M	USD	1 Quarter
Unrealized gain on derivatives	`UnrealizedGainLossOnDerivatives`	$11.85M	USD	2 Qtrs
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.27M	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$66.84M	USD	1 Quarter
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$75.27M	USD	2 Qtrs
Depletion, depreciation and amortization	`DepreciationDepletionAndAmortization`	$122.21M	USD	2 Qtrs
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$739.00K	USD	2 Qtrs
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$314.00K	USD	1 Quarter
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$614.00K	USD	2 Qtrs
Accretion of asset retirement obligations	`AssetRetirementObligationAccretionExpense`	$375.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$8.95M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$11.19M	USD	2 Qtrs
Amortization of debt issuance cost	`AmortizationOfFinancingCostsAndDiscounts`	$64.00K	USD	2 Qtrs
Amortization of debt issuance cost	`AmortizationOfFinancingCostsAndDiscounts`	$411.00K	USD	2 Qtrs
Net gain on asset sales and inventory impairment	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	-	USD	1 Quarter
Net gain on asset sales and inventory impairment	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	$7.00K	USD	2 Qtrs
Net gain on asset sales and inventory impairment	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	-	USD	2 Qtrs
Net gain on asset sales and inventory impairment	`GainLossOnSalesOfAssetsAndAssetImpairmentCharges`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$9.32M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$25.64M	USD	2 Qtrs
Lease and well equipment inventory	`IncreaseDecreaseInInventories`	$140.00K	USD	2 Qtrs
Lease and well equipment inventory	`IncreaseDecreaseInInventories`	$8.61M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.17M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$2.62M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$149.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-165.00K	USD	2 Qtrs
Accounts payable, accrued liabilities and other current liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-883.00K	USD	2 Qtrs
Accounts payable, accrued liabilities and other current liabilities	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$4.44M	USD	2 Qtrs
Royalties payable	`IncreaseDecreaseInRoyaltiesPayable`	$8.39M	USD	2 Qtrs
Royalties payable	`IncreaseDecreaseInRoyaltiesPayable`	$11.44M	USD	2 Qtrs
Advances from joint interest owners	`IncreaseDecreaseInPaymentsMadeInAdvanceByJointInterestPartnersInOilAndGasProperties`	$-16.02M	USD	2 Qtrs
Advances from joint interest owners	`IncreaseDecreaseInPaymentsMadeInAdvanceByJointInterestPartnersInOilAndGasProperties`	$-3.77M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherDeferredLiability`	$-1.06M	USD	2 Qtrs
Other long-term liabilities	`IncreaseDecreaseInOtherDeferredLiability`	$-97.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$121.24M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$254.21M	USD	2 Qtrs
Oil and natural gas properties capital expenditures	`PaymentsToExploreAndDevelopOilAndGasProperties`	$421.60M	USD	2 Qtrs
Oil and natural gas properties capital expenditures	`PaymentsToExploreAndDevelopOilAndGasProperties`	$328.93M	USD	2 Qtrs
Expenditures for midstream and other property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$79.56M	USD	2 Qtrs
Expenditures for midstream and other property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$41.74M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$7.59M	USD	2 Qtrs
Proceeds from sale of assets	`ProceedsFromSaleOfOilAndGasPropertyAndEquipment`	$977.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-493.56M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-369.69M	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Repayments of borrowings	`RepaymentsOfLinesOfCredit`	$45.00M	USD	2 Qtrs
Borrowings under Credit Agreement	`ProceedsFromLinesOfCredit`	$45.00M	USD	2 Qtrs
Borrowings under Credit Agreement	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$226.61M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Cost to issue equity	`PaymentsOfStockIssuanceCosts`	$73.00K	USD	2 Qtrs
Cost to issue equity	`PaymentsOfStockIssuanceCosts`	$100.00K	USD	Point-in-time
Cost to issue equity	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$2.20M	USD	2 Qtrs
Proceeds from stock options exercised	`ProceedsFromStockOptionsExercised`	$464.00K	USD	2 Qtrs
Contributions related to formation of Joint Venture	`ProceedsFromDivestitureOfInterestInJointVenture`	$14.70M	USD	2 Qtrs
Contributions related to formation of Joint Venture	`ProceedsFromDivestitureOfInterestInJointVenture`	$171.50M	USD	2 Qtrs
Contributions from non-controlling interest owners of less-than-wholly-owned subsidiaries	`ProceedsFromMinorityShareholders`	$14.70M	USD	2 Qtrs
Contributions from non-controlling interest owners of less-than-wholly-owned subsidiaries	`ProceedsFromMinorityShareholders`	$53.90M	USD	2 Qtrs
Distributions to non-controlling interest owners of less-than-wholly-owned subsidiaries	`PaymentsOfDividendsMinorityInterest`	$1.96M	USD	2 Qtrs
Distributions to non-controlling interest owners of less-than-wholly-owned subsidiaries	`PaymentsOfDividendsMinorityInterest`	$10.54M	USD	2 Qtrs
Taxes paid related to net share settlement of stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$2.97M	USD	2 Qtrs
Taxes paid related to net share settlement of stock-based compensation	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.68M	USD	2 Qtrs
Purchase of non-controlling interest of less-than-wholly-owned subsidiary	`ProceedsFromPaymentsToMinorityShareholders`	$-2.65M	USD	2 Qtrs
Purchase of non-controlling interest of less-than-wholly-owned subsidiary	`ProceedsFromPaymentsToMinorityShareholders`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$180.82M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$280.38M	USD	2 Qtrs
Increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$41.03M	USD	2 Qtrs
Increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-67.64M	USD	2 Qtrs
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.51M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.48M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$143.51M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$214.14M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$146.51M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$102.48M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$143.51M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$214.14M	USD	Point-in-time

Stockholders Equity 21 line items

Line Item	Tag	Value	Unit	Period
Stock Issued During Period, Value, Share-based Compensation, Gross	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	-	USD	2 Qtrs
Beginning Balance, shares	`CommonStockSharesOutstanding`	116.36M	shares	Point-in-time
Beginning Balance, shares	`CommonStockSharesOutstanding`	108.51M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	Point-in-time
Issuance of common stock pursuant to directors and advisors compensation plan	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	2 Qtrs
Stock-based compensation expense related to equity-based awards including amounts capitalized	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$11.33M	USD	2 Qtrs
Stock options exercised, net of options forfeited in net share settlements	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$-1.62M	USD	2 Qtrs
Restricted stock forfeited	`StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures`	$2.60M	USD	2 Qtrs
Contributions related to formation of Joint Venture (see Note 6)	`AdjustmentstoAdditionalPaidinCapitalFormationofJointVenture`	$14.70M	USD	2 Qtrs
Contributions from non-controlling interest owners of less-than-wholly-owned subsidiaries	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$53.90M	USD	2 Qtrs
Distributions to non-controlling interest owners of less-than-wholly-owned subsidiaries	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$10.54M	USD	2 Qtrs
Current period net income	`ProfitLoss`	$31.69M	USD	1 Quarter
Current period net income	`ProfitLoss`	$65.64M	USD	1 Quarter
Current period net income	`ProfitLoss`	$77.59M	USD	2 Qtrs
Current period net income	`ProfitLoss`	$130.56M	USD	2 Qtrs
Ending Balance, shares	`CommonStockSharesOutstanding`	116.36M	shares	Point-in-time
Ending Balance, shares	`CommonStockSharesOutstanding`	108.51M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	Point-in-time
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$146.00K	USD	2 Qtrs

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