10-Q Filing

MAGNOLIA OIL & GAS CORP CIK: 1698990 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001698990-19-000022`
Period End Date	20190930
Filing Date	20191105
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	a10-qq32019_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 57 Income Statement 136 Cash Flow Statement 134 Stockholders Equity 60

Balance Sheet 57 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$135.76M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$164.49M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$120.66M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$140.28M	USD	Point-in-time
Drilling advances	`DrillingAdvances`	$2.06M	USD	Point-in-time
Drilling advances	`DrillingAdvances`	$12.26M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$5.05M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$4.06M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$292.25M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$292.36M	USD	Point-in-time
Oil and natural gas properties	`OilAndGasPropertySuccessfulEffortMethodGross`	$3.74B	USD	Point-in-time
Oil and natural gas properties	`OilAndGasPropertySuccessfulEffortMethodGross`	$3.25B	USD	Point-in-time
Other	`PropertyPlantAndEquipmentOther`	$360.00K	USD	Point-in-time
Other	`PropertyPlantAndEquipmentOther`	$2.71M	USD	Point-in-time
Accumulated depreciation, depletion and amortization	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization`	$563.90M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	950,000.00	shares	Point-in-time
Accumulated depreciation, depletion and amortization	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization`	$177.90M	USD	Point-in-time
Total property, plant and equipment, net	`OilAndGasPropertySuccessfulEffortMethodNet`	$3.18B	USD	Point-in-time
Total property, plant and equipment, net	`OilAndGasPropertySuccessfulEffortMethodNet`	$3.07B	USD	Point-in-time
Deferred financing costs, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$10.73M	USD	Point-in-time
Deferred financing costs, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$8.98M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$18.87M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$19.48M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$27.48M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$38.36M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$4.77M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	-	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.43B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.53B	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$186.63M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$196.36M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$1.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$3.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$197.36M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$190.31M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$388.63M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$389.53M	USD	Point-in-time
Asset retirement obligations, net of current	`AssetRetirementObligationsNoncurrent`	$93.10M	USD	Point-in-time
Asset retirement obligations, net of current	`AssetRetirementObligationsNoncurrent`	$84.98M	USD	Point-in-time
Deferred taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$74.20M	USD	Point-in-time
Deferred taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$54.59M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$2.04M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	-	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$528.21M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$558.87M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.70B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.64B	USD	Point-in-time
Treasury Stock, at cost, 950 shares in 2019	`TreasuryStockCommonValue`	-	USD	Point-in-time
Treasury Stock, at cost, 950 shares in 2019	`TreasuryStockCommonValue`	$9.72M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$35.51M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$74.82M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.03B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.01B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$3.43B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$3.53B	USD	Point-in-time

Income Statement 136 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$706.43M	USD	3 Qtrs
Total revenues	`Revenues`	$76.89M	USD	Point-in-time
Total revenues	`Revenues`	$244.80M	USD	1 Quarter
Total revenues	`Revenues`	$178.16M	USD	1 Quarter
Total revenues	`Revenues`	$449.19M	USD	2 Qtrs
Lease operating expenses	`LeaseAndRentalExpense`	$70.75M	USD	3 Qtrs
Lease operating expenses	`LeaseAndRentalExpense`	$11.02M	USD	1 Quarter
Lease operating expenses	`LeaseAndRentalExpense`	$23.51M	USD	2 Qtrs
Lease operating expenses	`LeaseAndRentalExpense`	$24.34M	USD	1 Quarter
Lease operating expenses	`LeaseAndRentalExpense`	$3.68M	USD	Point-in-time
Gathering, transportation and processing	`GasGatheringTransportationMarketingandProcessingCosts1`	$5.35M	USD	1 Quarter
Gathering, transportation and processing	`GasGatheringTransportationMarketingandProcessingCosts1`	$26.02M	USD	3 Qtrs
Gathering, transportation and processing	`GasGatheringTransportationMarketingandProcessingCosts1`	$2.24M	USD	Point-in-time
Gathering, transportation and processing	`GasGatheringTransportationMarketingandProcessingCosts1`	$12.93M	USD	2 Qtrs
Gathering, transportation and processing	`GasGatheringTransportationMarketingandProcessingCosts1`	$9.27M	USD	1 Quarter
Taxes other than income	`TaxesExcludingIncomeAndExciseTaxes`	$2.09M	USD	Point-in-time
Taxes other than income	`TaxesExcludingIncomeAndExciseTaxes`	$40.83M	USD	3 Qtrs
Taxes other than income	`TaxesExcludingIncomeAndExciseTaxes`	$13.33M	USD	1 Quarter
Taxes other than income	`TaxesExcludingIncomeAndExciseTaxes`	$9.35M	USD	1 Quarter
Taxes other than income	`TaxesExcludingIncomeAndExciseTaxes`	$23.76M	USD	2 Qtrs
Exploration expense	`ExplorationExpense`	$40.00K	USD	Point-in-time
Exploration expense	`ExplorationExpense`	$3.92M	USD	1 Quarter
Exploration expense	`ExplorationExpense`	$10.02M	USD	3 Qtrs
Exploration expense	`ExplorationExpense`	$11.22M	USD	1 Quarter
Exploration expense	`ExplorationExpense`	$492.00K	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$4.09M	USD	3 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$104.00K	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$21.00K	USD	Point-in-time
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.39M	USD	1 Quarter
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$391.00K	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$65.90M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$137.87M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$385.94M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$143.89M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$23.16M	USD	Point-in-time
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	-	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.42M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.63M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$10.88M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	-	USD	Point-in-time
General and administrative expenses	`GeneralAndAdministrativeExpense`	$17.34M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$12.71M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$52.65M	USD	3 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$10.30M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.70M	USD	Point-in-time
Transaction related costs	`BusinessCombinationAcquisitionRelatedCosts`	$438.00K	USD	3 Qtrs
Transaction related costs	`BusinessCombinationAcquisitionRelatedCosts`	$22.37M	USD	1 Quarter
Transaction related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	2 Qtrs
Transaction related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	Point-in-time
Transaction related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Total operating costs and expenses	`OperatingCostsAndExpenses`	$601.62M	USD	3 Qtrs
Total operating costs and expenses	`OperatingCostsAndExpenses`	$211.38M	USD	2 Qtrs
Total operating costs and expenses	`OperatingCostsAndExpenses`	$32.93M	USD	Point-in-time
Total operating costs and expenses	`OperatingCostsAndExpenses`	$217.13M	USD	1 Quarter
Total operating costs and expenses	`OperatingCostsAndExpenses`	$138.31M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$104.82M	USD	3 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$237.80M	USD	2 Qtrs
OPERATING INCOME	`OperatingIncomeLoss`	$43.96M	USD	Point-in-time
OPERATING INCOME	`OperatingIncomeLoss`	$27.67M	USD	1 Quarter
OPERATING INCOME	`OperatingIncomeLoss`	$39.85M	USD	1 Quarter
Income (loss) from equity method investee	`IncomeLossFromEquityMethodInvestments`	$711.00K	USD	2 Qtrs
Income (loss) from equity method investee	`IncomeLossFromEquityMethodInvestments`	$92.00K	USD	1 Quarter
Income (loss) from equity method investee	`IncomeLossFromEquityMethodInvestments`	$309.00K	USD	1 Quarter
Income (loss) from equity method investee	`IncomeLossFromEquityMethodInvestments`	$-345.00K	USD	Point-in-time
Income (loss) from equity method investee	`IncomeLossFromEquityMethodInvestments`	$608.00K	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-21.61M	USD	3 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-6.90M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	$-4.96M	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNet`	-	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	-	USD	Point-in-time
Gain (loss) on derivatives, net	`DerivativeGainLossOnDerivativeNet`	$-18.13M	USD	2 Qtrs
Gain (loss) on derivatives, net	`DerivativeGainLossOnDerivativeNet`	$3.87M	USD	Point-in-time
Gain (loss) on derivatives, net	`DerivativeGainLossOnDerivativeNet`	-	USD	3 Qtrs
Gain (loss) on derivatives, net	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Gain (loss) on derivatives, net	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-50.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$24.00K	USD	Point-in-time
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-7.02M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$8.00K	USD	3 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$21.00K	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-11.67M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$3.54M	USD	Point-in-time
Total other income (expense)	`NonoperatingIncomeExpense`	$-21.00M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-17.47M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-6.78M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$28.18M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.89M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$220.34M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$47.50M	USD	Point-in-time
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.82M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$766.00K	USD	Point-in-time
Income tax expense	`IncomeTaxExpenseBenefit`	$3.54M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.78M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$12.45M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$3.53M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$17.36M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$86.45M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$22.71M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$71.37M	USD	3 Qtrs
NET INCOME	`ProfitLoss`	$218.55M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$85.37M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$46.74M	USD	Point-in-time
NET INCOME	`ProfitLoss`	$31.30M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$24.64M	USD	1 Quarter
LESS: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$29.29M	USD	3 Qtrs
LESS: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$18.46M	USD	1 Quarter
LESS: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
LESS: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.81M	USD	1 Quarter
LESS: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Point-in-time
NET INCOME ATTRIBUTABLE TO MAGNOLIA	`NetIncomeLoss`	$46.74M	USD	Point-in-time
NET INCOME ATTRIBUTABLE TO MAGNOLIA	`NetIncomeLoss`	$10.55M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO MAGNOLIA	`NetIncomeLoss`	$6.18M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO MAGNOLIA	`NetIncomeLoss`	$42.08M	USD	3 Qtrs
NET INCOME ATTRIBUTABLE TO MAGNOLIA	`NetIncomeLoss`	$218.55M	USD	2 Qtrs
LESS: Non-cash deemed dividend related to warrant exchange	`ClassofWarrantorRightNoncashDeemedDividend`	$2.76M	USD	1 Quarter
LESS: Non-cash deemed dividend related to warrant exchange	`ClassofWarrantorRightNoncashDeemedDividend`	-	USD	1 Quarter
LESS: Non-cash deemed dividend related to warrant exchange	`ClassofWarrantorRightNoncashDeemedDividend`	-	USD	Point-in-time
LESS: Non-cash deemed dividend related to warrant exchange	`ClassofWarrantorRightNoncashDeemedDividend`	-	USD	2 Qtrs
LESS: Non-cash deemed dividend related to warrant exchange	`ClassofWarrantorRightNoncashDeemedDividend`	$2.76M	USD	3 Qtrs
NET INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK	`NetIncomeLossAvailableToCommonStockholdersBasic`	$39.32M	USD	3 Qtrs
NET INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK	`NetIncomeLossAvailableToCommonStockholdersBasic`	$218.55M	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK	`NetIncomeLossAvailableToCommonStockholdersBasic`	$46.74M	USD	Point-in-time
NET INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK	`NetIncomeLossAvailableToCommonStockholdersBasic`	$7.78M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO CLASS A COMMON STOCK	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.18M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.25	USD	3 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.24	USD	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	151.99M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	166.87M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	160.05M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	161.49M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	167.11M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	157.07M	shares	1 Quarter

Cash Flow Statement 134 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$17.36M	USD	1 Quarter
Net income	`ProfitLoss`	$86.45M	USD	1 Quarter
Net income	`ProfitLoss`	$22.71M	USD	1 Quarter
Net income	`ProfitLoss`	$71.37M	USD	3 Qtrs
Net income	`ProfitLoss`	$218.55M	USD	2 Qtrs
Net income	`ProfitLoss`	$85.37M	USD	1 Quarter
Net income	`ProfitLoss`	$46.74M	USD	Point-in-time
Net income	`ProfitLoss`	$31.30M	USD	1 Quarter
Net income	`ProfitLoss`	$24.64M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$65.90M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$137.87M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$385.94M	USD	3 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$143.89M	USD	1 Quarter
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$23.16M	USD	Point-in-time
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	-	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$2.42M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$3.63M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$10.88M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	-	USD	Point-in-time
Exploration expense, non-cash	`NoncashExplorationExpense`	-	USD	1 Quarter
Exploration expense, non-cash	`NoncashExplorationExpense`	$536.00K	USD	3 Qtrs
Exploration expense, non-cash	`NoncashExplorationExpense`	-	USD	2 Qtrs
Asset retirement obligations accretion expense	`AssetRetirementObligationAccretionExpense`	$4.09M	USD	3 Qtrs
Asset retirement obligations accretion expense	`AssetRetirementObligationAccretionExpense`	$104.00K	USD	2 Qtrs
Asset retirement obligations accretion expense	`AssetRetirementObligationAccretionExpense`	$21.00K	USD	Point-in-time
Asset retirement obligations accretion expense	`AssetRetirementObligationAccretionExpense`	$1.39M	USD	1 Quarter
Asset retirement obligations accretion expense	`AssetRetirementObligationAccretionExpense`	$391.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.64M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$570.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	-	USD	2 Qtrs
Loss on derivatives, net	`DerivativeGainLossOnDerivativeNet`	$-18.13M	USD	2 Qtrs
Loss on derivatives, net	`DerivativeGainLossOnDerivativeNet`	$3.87M	USD	Point-in-time
Loss on derivatives, net	`DerivativeGainLossOnDerivativeNet`	-	USD	3 Qtrs
Loss on derivatives, net	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Loss on derivatives, net	`DerivativeGainLossOnDerivativeNet`	-	USD	1 Quarter
Cash settlements of matured derivative contracts	`PaymentsForProceedsFromSettlementofDerivatives`	$27.62M	USD	2 Qtrs
Cash settlements of matured derivative contracts	`PaymentsForProceedsFromSettlementofDerivatives`	-	USD	3 Qtrs
Cash settlements of matured derivative contracts	`PaymentsForProceedsFromSettlementofDerivatives`	-	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$3.49M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$324.00K	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$3.41M	USD	1 Quarter
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$11.77M	USD	3 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$135.00K	USD	Point-in-time
Contingent consideration change in fair value	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	3 Qtrs
Contingent consideration change in fair value	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$6.70M	USD	1 Quarter
Contingent consideration change in fair value	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$8.38M	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	-	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	-	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$526.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$218.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$796.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$61.41M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$6.94M	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$77.50M	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	-	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$275.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-996.00K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.34M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$64.51M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$36.00K	USD	2 Qtrs
Drilling advances	`IncreaseDecreaseinDrillingAdvances`	$3.38M	USD	1 Quarter
Drilling advances	`IncreaseDecreaseinDrillingAdvances`	$-10.21M	USD	3 Qtrs
Drilling advances	`IncreaseDecreaseinDrillingAdvances`	-	USD	2 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$385.00K	USD	2 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$4.39M	USD	3 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-45.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$488.61M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$284.81M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$87.30M	USD	1 Quarter
Proceeds withdrawn from Trust Account	`ProceedsfromWithdrawalFromTrustAccount`	-	USD	2 Qtrs
Proceeds withdrawn from Trust Account	`ProceedsfromWithdrawalFromTrustAccount`	-	USD	3 Qtrs
Proceeds withdrawn from Trust Account	`ProceedsfromWithdrawalFromTrustAccount`	$656.08M	USD	1 Quarter
Acquisition of EnerVest properties	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisition of EnerVest properties	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.22B	USD	1 Quarter
Acquisition of EnerVest properties	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-4.25M	USD	3 Qtrs
Acquisitions, other	`PaymentsToAcquireBusinessTwoNetOfCashAcquired`	$93.22M	USD	3 Qtrs
Acquisitions, other	`PaymentsToAcquireBusinessTwoNetOfCashAcquired`	$135.65M	USD	1 Quarter
Acquisitions, other	`PaymentsToAcquireBusinessTwoNetOfCashAcquired`	$150.14M	USD	2 Qtrs
Additions to oil and natural gas properties	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$33.72M	USD	1 Quarter
Additions to oil and natural gas properties	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$197.31M	USD	2 Qtrs
Additions to oil and natural gas properties	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$364.86M	USD	3 Qtrs
Payment of Contingent Consideration	`PaymentForContingentConsiderationLiabilityInvestingActivities`	-	USD	2 Qtrs
Payment of Contingent Consideration	`PaymentForContingentConsiderationLiabilityInvestingActivities`	-	USD	3 Qtrs
Payment of Contingent Consideration	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$26.00M	USD	1 Quarter
Other investing	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Other investing	`PaymentsForProceedsFromOtherInvestingActivities`	$247.00K	USD	3 Qtrs
Other investing	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-347.45M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-454.08M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-758.51M	USD	1 Quarter
Parents contribution, net	`ProceedsFromContributionsFromParent`	-	USD	3 Qtrs
Parents contribution, net	`ProceedsFromContributionsFromParent`	-	USD	1 Quarter
Parents contribution, net	`ProceedsFromContributionsFromParent`	$62.64M	USD	2 Qtrs
Contributions from noncontrolling interest owners	`ProceedsFromMinorityShareholders`	-	USD	1 Quarter
Contributions from noncontrolling interest owners	`ProceedsFromMinorityShareholders`	$7.30M	USD	3 Qtrs
Contributions from noncontrolling interest owners	`ProceedsFromMinorityShareholders`	-	USD	2 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$716.00K	USD	3 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	-	USD	1 Quarter
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$355.00M	USD	1 Quarter
Proceeds from issuance of long term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Proceeds from issuance of long term debt	`ProceedsFromIssuanceOfLongTermDebt`	$400.00M	USD	1 Quarter
Proceeds from issuance of long term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Repayments of deferred underwriting compensation	`RepaymentsOfDeferredStockIssuanceCosts`	$22.75M	USD	1 Quarter
Repayments of deferred underwriting compensation	`RepaymentsOfDeferredStockIssuanceCosts`	-	USD	2 Qtrs
Repayments of deferred underwriting compensation	`RepaymentsOfDeferredStockIssuanceCosts`	-	USD	3 Qtrs
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$23.34M	USD	1 Quarter
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$9.72M	USD	3 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Common stock repurchased	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.01M	USD	1 Quarter
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.67M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$707.90M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-5.80M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$62.64M	USD	2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$36.69M	USD	1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$28.73M	USD	3 Qtrs
Cash and cash equivalents Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$164.49M	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.00K	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.72M	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$135.76M	USD	Point-in-time
Cash and cash equivalents End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$164.49M	USD	Point-in-time
Cash and cash equivalents End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.00K	USD	Point-in-time
Cash and cash equivalents End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash and cash equivalents End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$36.72M	USD	Point-in-time
Cash and cash equivalents End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$135.76M	USD	Point-in-time

Stockholders Equity 60 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`NetParentInvestment`	$1.85B	USD	Point-in-time
Balance at beginning of period	`NetParentInvestment`	$1.60B	USD	Point-in-time
Balance at beginning of period	`NetParentInvestment`	$1.82B	USD	Point-in-time
Balance at beginning of period	`NetParentInvestment`	$1.88B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.72B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.64B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.78B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.78B	USD	Point-in-time
Parents contribution, net	`NetParentInvestmentIncreasefromContribution`	$133.12M	USD	1 Quarter
Parents distributions, net	`NetParentInvestmentDecreasefromDistribution`	$48.94M	USD	1 Quarter
Parents distributions, net	`NetParentInvestmentDecreasefromDistribution`	$21.54M	USD	Point-in-time
Class A Common Stock released from possible redemption	`StockIssuedDuringPeriodValueReleasedfromPossibleRedemption`	$619.48M	USD	Point-in-time
Class A Common Stock redeemed	`StockRedeemedOrCalledDuringPeriodValue`	$9.00K	USD	Point-in-time
Conversion of Common Stock from Class F to Class A at closing of Business Combination	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Point-in-time
Common stock issued as part of the Business Combination	`StockIssuedDuringPeriodValueAcquisitions`	$1.42B	USD	Point-in-time
Common stock issued as part of the Business Combination	`StockIssuedDuringPeriodValueAcquisitions`	$33.69M	USD	1 Quarter
Common stock issued as part of the Business Combination	`StockIssuedDuringPeriodValueAcquisitions`	$58.21M	USD	1 Quarter
Common stock issued in private placement	`StockIssuedDuringPeriodValueNewIssues`	$355.00M	USD	Point-in-time
Earnout consideration issued as part for the Business Combination	`AdjustmentsToAdditionalPaidInCapitalEarnoutConsiderationIssuedAsPartOfBusinessCombination`	$149.70M	USD	Point-in-time
Non-compete consideration	`AdjustmentsToAdditionalPaidInCapitalNoncompeteConsideration`	$44.40M	USD	Point-in-time
Stock based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.43M	USD	1 Quarter
Stock based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.83M	USD	1 Quarter
Stock based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.12M	USD	1 Quarter
Final settlement adjustment related to Business Combination	`SharesRedeemedDuringPeriodBusinessAcquisitionValue`	$25.25M	USD	1 Quarter
Contributions from noncontrolling interest owners	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$8.81M	USD	1 Quarter
Offering expenses incurred in connection with warrants exchange	`AdjustmentstoAdditionalPaidinCapitalOfferingExpensesIncurredinConnectionwithWarrantsExchange`	$1.05M	USD	1 Quarter
Offering expenses incurred in connection with warrants exchange	`AdjustmentstoAdditionalPaidinCapitalOfferingExpensesIncurredinConnectionwithWarrantsExchange`	$2.20M	USD	1 Quarter
Common stock issued in connection with warrants exchange	`StockIssuedDuringPeriodValueWarrantsExchange`	$-1.14M	USD	1 Quarter
Common stock issued related to stock based compensation, net	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$532.00K	USD	1 Quarter
Common stock repurchased	`TreasuryStockValueAcquiredCostMethod`	$9.72M	USD	1 Quarter
Distributions to noncontrolling interest owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$227.00K	USD	1 Quarter
Distributions to noncontrolling interest owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$489.00K	USD	1 Quarter
Net income	`ProfitLoss`	$17.36M	USD	1 Quarter
Net income	`ProfitLoss`	$86.45M	USD	1 Quarter
Net income	`ProfitLoss`	$22.71M	USD	1 Quarter
Net income	`ProfitLoss`	$71.37M	USD	3 Qtrs
Net income	`ProfitLoss`	$218.55M	USD	2 Qtrs
Net income	`ProfitLoss`	$85.37M	USD	1 Quarter
Net income	`ProfitLoss`	$46.74M	USD	Point-in-time
Net income	`ProfitLoss`	$31.30M	USD	1 Quarter
Net income	`ProfitLoss`	$24.64M	USD	1 Quarter
Changes in ownership interest adjustment	`MinorityInterestPeriodIncreaseDecrease`	$-8.50M	USD	1 Quarter
Changes in ownership interest adjustment	`MinorityInterestPeriodIncreaseDecrease`	$742.00K	USD	1 Quarter
Changes in ownership interest adjustment	`MinorityInterestPeriodIncreaseDecrease`	-	USD	Point-in-time
Changes in ownership interest adjustment	`MinorityInterestPeriodIncreaseDecrease`	-	USD	1 Quarter
Changes in ownership interest adjustment	`MinorityInterestPeriodIncreaseDecrease`	$-87.00K	USD	1 Quarter
Changes in deferred tax liability	`AdjustmentsToAdditionalPaidInCapitalChangesInDeferredTaxLiability`	$-52.79M	USD	Point-in-time
Changes in deferred tax liability	`AdjustmentsToAdditionalPaidInCapitalChangesInDeferredTaxLiability`	$15.26M	USD	1 Quarter
Balance at end of period	`NetParentInvestment`	$1.85B	USD	Point-in-time
Balance at end of period	`NetParentInvestment`	$1.60B	USD	Point-in-time
Balance at end of period	`NetParentInvestment`	$1.82B	USD	Point-in-time
Balance at end of period	`NetParentInvestment`	$1.88B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.72B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.64B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.78B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.78B	USD	Point-in-time

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