10-K Filing

MAGNOLIA OIL & GAS CORP CIK: 1698990 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0001698990-21-000003`
Period End Date	20201231
Filing Date	20210223
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	mgy-20201231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 105 Cash Flow Statement 163 Stockholders Equity 45

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$192.56M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$182.63M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$105.78M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$81.56M	USD	Point-in-time
Drilling advances	`DrillingAdvances`	$3.81M	USD	Point-in-time
Drilling advances	`DrillingAdvances`	$299.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$3.60M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$4.51M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$281.53M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$293.22M	USD	Point-in-time
Oil and natural gas properties	`OilAndGasPropertySuccessfulEffortMethodGross`	$2.13B	USD	Point-in-time
Oil and natural gas properties	`OilAndGasPropertySuccessfulEffortMethodGross`	$3.82B	USD	Point-in-time
Other	`OtherOilAndGasPropertySuccessfulEffortMethod`	$3.09M	USD	Point-in-time
Other	`OtherOilAndGasPropertySuccessfulEffortMethod`	$4.41M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	5.47M	shares	Point-in-time
Accumulated depreciation, depletion and amortization	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization`	$985.01M	USD	Point-in-time
Accumulated depreciation, depletion and amortization	`OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization`	$701.55M	USD	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	1.00M	shares	Point-in-time
Total property, plant and equipment, net	`OilAndGasPropertySuccessfulEffortMethodNet`	$3.12B	USD	Point-in-time
Total property, plant and equipment, net	`OilAndGasPropertySuccessfulEffortMethodNet`	$1.15B	USD	Point-in-time
Deferred financing costs, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$8.39M	USD	Point-in-time
Deferred financing costs, net	`DebtIssuanceCostsLineOfCreditArrangementsNet`	$6.04M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	$19.73M	USD	Point-in-time
Equity method investment	`EquityMethodInvestments`	-	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$23.85M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$9.35M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$6.98M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$4.46M	USD	Point-in-time
Total other assets	`AssetsNoncurrentExcludingOilAndGasPropertySuccessfulEffortMethodNet`	$56.43M	USD	Point-in-time
Total other assets	`AssetsNoncurrentExcludingOilAndGasPropertySuccessfulEffortMethodNet`	$22.37M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.45B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.47B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$79.43M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$62.63M	USD	Point-in-time
Other current liabilities (Note 7)	`OtherLiabilitiesCurrent`	$95.78M	USD	Point-in-time
Other current liabilities (Note 7)	`OtherLiabilitiesCurrent`	$66.32M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$128.95M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$175.21M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$389.83M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$391.12M	USD	Point-in-time
Asset retirement obligations, net of current	`AssetRetirementObligationsNoncurrent`	$93.52M	USD	Point-in-time
Asset retirement obligations, net of current	`AssetRetirementObligationsNoncurrent`	$88.23M	USD	Point-in-time
Deferred taxes, net	`DeferredIncomeTaxLiabilitiesNet`	-	USD	Point-in-time
Deferred taxes, net	`DeferredIncomeTaxLiabilitiesNet`	$77.83M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$5.70M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.48M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$562.67M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$485.05M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.71B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.70B	USD	Point-in-time
Treasury Stock, at cost, 5,475 shares and 1,000 shares in 2020 and 2019, respectively	`TreasuryStockCommonValue`	$38.96M	USD	Point-in-time
Treasury Stock, at cost, 5,475 shares and 1,000 shares in 2020 and 2019, respectively	`TreasuryStockCommonValue`	$10.28M	USD	Point-in-time
Retained earnings (Accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$82.94M	USD	Point-in-time
Retained earnings (Accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-1.13B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$952.48M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$291.26M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.73B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$839.42M	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$3.47B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$1.45B	USD	Point-in-time

Income Statement 105 line items

Line Item	Tag	Value	Unit	Period
Total revenues	`Revenues`	$449.19M	USD	2 Qtrs
Total revenues	`Revenues`	$534.51M	USD	Annual
Total revenues	`Revenues`	$936.14M	USD	Annual
Total revenues	`Revenues`	$433.22M	USD	2 Qtrs
Lease operating expenses	`OperatingLeaseExpense`	$93.79M	USD	Annual
Lease operating expenses	`OperatingLeaseExpense`	$79.19M	USD	Annual
Lease operating expenses	`LeaseAndRentalExpense`	$30.75M	USD	2 Qtrs
Lease operating expenses	`LeaseAndRentalExpense`	$23.51M	USD	2 Qtrs
Gathering, transportation, and processing	`GasGatheringTransportationMarketingandProcessingCosts1`	$34.92M	USD	Annual
Gathering, transportation, and processing	`GasGatheringTransportationMarketingandProcessingCosts1`	$14.45M	USD	2 Qtrs
Gathering, transportation, and processing	`GasGatheringTransportationMarketingandProcessingCosts1`	$12.93M	USD	2 Qtrs
Gathering, transportation, and processing	`GasGatheringTransportationMarketingandProcessingCosts1`	$28.64M	USD	Annual
Taxes other than income	`TaxesExcludingIncomeAndExciseTaxes`	$23.17M	USD	2 Qtrs
Taxes other than income	`TaxesExcludingIncomeAndExciseTaxes`	$31.25M	USD	Annual
Taxes other than income	`TaxesExcludingIncomeAndExciseTaxes`	$53.73M	USD	Annual
Taxes other than income	`TaxesExcludingIncomeAndExciseTaxes`	$23.76M	USD	2 Qtrs
Exploration expense	`ExplorationExpense`	$12.74M	USD	Annual
Exploration expense	`ExplorationExpense`	$11.88M	USD	2 Qtrs
Exploration expense	`ExplorationExpense`	$567.33M	USD	Annual
Exploration expense	`ExplorationExpense`	$492.00K	USD	2 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfProvedOilAndGasProperties`	$1.38B	USD	Annual
Impairment of oil and natural gas properties	`ImpairmentOfProvedOilAndGasProperties`	$1.40B	USD	1 Quarter
Impairment of oil and natural gas properties	`ImpairmentOfProvedOilAndGasProperties`	-	USD	2 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfProvedOilAndGasProperties`	-	USD	Annual
Impairment of oil and natural gas properties	`ImpairmentOfProvedOilAndGasProperties`	-	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$104.00K	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$5.72M	USD	Annual
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$5.51M	USD	Annual
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.67M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$137.87M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$283.35M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$523.57M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$177.89M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	-	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$14.51M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$6.04M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$14.51M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$68.92M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$12.71M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$28.80M	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$69.43M	USD	Annual
Transaction related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	2 Qtrs
Transaction related costs	`BusinessCombinationAcquisitionRelatedCosts`	$438.00K	USD	Annual
Transaction related costs	`BusinessCombinationAcquisitionRelatedCosts`	$24.61M	USD	2 Qtrs
Transaction related costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	Annual
Total operating costs and expenses	`OperatingCostsAndExpenses`	$2.46B	USD	Annual
Total operating costs and expenses	`OperatingCostsAndExpenses`	$808.64M	USD	Annual
Total operating costs and expenses	`OperatingCostsAndExpenses`	$211.38M	USD	2 Qtrs
Total operating costs and expenses	`OperatingCostsAndExpenses`	$319.26M	USD	2 Qtrs
OPERATING INCOME (LOSS)	`OperatingIncomeLoss`	$-1.93B	USD	Annual
OPERATING INCOME (LOSS)	`OperatingIncomeLoss`	$237.80M	USD	2 Qtrs
OPERATING INCOME (LOSS)	`OperatingIncomeLoss`	$127.50M	USD	Annual
OPERATING INCOME (LOSS)	`OperatingIncomeLoss`	$113.96M	USD	2 Qtrs
Income from equity method investee	`IncomeLossFromEquityMethodInvestments`	$2.11M	USD	Annual
Income from equity method investee	`IncomeLossFromEquityMethodInvestments`	$711.00K	USD	2 Qtrs
Income from equity method investee	`IncomeLossFromEquityMethodInvestments`	$773.00K	USD	2 Qtrs
Income from equity method investee	`IncomeLossFromEquityMethodInvestments`	$857.00K	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	-	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-12.45M	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNet`	$-28.36M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-28.70M	USD	Annual
Gain (loss) on derivatives, net	`DerivativeGainLossOnDerivativeNet`	$-18.13M	USD	2 Qtrs
Gain (loss) on derivatives, net	`DerivativeGainLossOnDerivativeNet`	-	USD	Annual
Gain (loss) on derivatives, net	`DerivativeGainLossOnDerivativeNet`	-	USD	2 Qtrs
Gain (loss) on derivatives, net	`DerivativeGainLossOnDerivativeNet`	$565.00K	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-50.00K	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-8.37M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-238.00K	USD	Annual
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$3.36M	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-22.66M	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-17.47M	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-27.74M	USD	Annual
Total other expense, net	`NonoperatingIncomeExpense`	$-20.05M	USD	2 Qtrs
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$220.34M	USD	2 Qtrs
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$93.90M	USD	2 Qtrs
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$99.77M	USD	Annual
INCOME (LOSS) BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.95B	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$1.78M	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$14.76M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$-79.34M	USD	Annual
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$11.46M	USD	2 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$-1.87B	USD	Annual
NET INCOME (LOSS)	`ProfitLoss`	$85.00M	USD	Annual
NET INCOME (LOSS)	`ProfitLoss`	$82.45M	USD	2 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$218.55M	USD	2 Qtrs
LESS: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-660.59M	USD	Annual
LESS: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$34.81M	USD	Annual
LESS: Net income (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$43.35M	USD	2 Qtrs
NET INCOME (LOSS) ATTRIBUTABLE TO MAGNOLIA	`NetIncomeLoss`	$50.20M	USD	Annual
NET INCOME (LOSS) ATTRIBUTABLE TO MAGNOLIA	`NetIncomeLoss`	$39.09M	USD	2 Qtrs
NET INCOME (LOSS) ATTRIBUTABLE TO MAGNOLIA	`NetIncomeLoss`	$-1.21B	USD	Annual
LESS: Non-cash deemed dividend related to warrant exchange	`ClassofWarrantorRightNoncashDeemedDividend`	$2.80M	USD	2 Qtrs
LESS: Non-cash deemed dividend related to warrant exchange	`ClassofWarrantorRightNoncashDeemedDividend`	-	USD	2 Qtrs
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	Annual
LESS: Non-cash deemed dividend related to warrant exchange	`ClassofWarrantorRightNoncashDeemedDividend`	-	USD	Annual
NET INCOME (LOSS) ATTRIBUTABLE TO CLASS A COMMON STOCK	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.21B	USD	Annual
NET INCOME (LOSS) ATTRIBUTABLE TO CLASS A COMMON STOCK	`NetIncomeLossAvailableToCommonStockholdersBasic`	$39.09M	USD	2 Qtrs
NET INCOME (LOSS) ATTRIBUTABLE TO CLASS A COMMON STOCK	`NetIncomeLossAvailableToCommonStockholdersBasic`	$47.43M	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	154.53M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	161.89M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	166.27M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	167.05M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	158.23M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	166.27M	shares	Annual

Cash Flow Statement 163 line items

Line Item	Tag	Value	Unit	Period
NET INCOME (LOSS)	`ProfitLoss`	$-1.87B	USD	Annual
NET INCOME (LOSS)	`ProfitLoss`	$85.00M	USD	Annual
NET INCOME (LOSS)	`ProfitLoss`	$82.45M	USD	2 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$218.55M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$137.87M	USD	2 Qtrs
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$283.35M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$523.57M	USD	Annual
Depreciation, depletion and amortization	`DepreciationDepletionAndAmortization`	$177.89M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	-	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$14.51M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$6.04M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$14.51M	USD	Annual
Exploration expense, non-cash	`NoncashExplorationExpense`	$1.15M	USD	Annual
Exploration expense, non-cash	`NoncashExplorationExpense`	$564.00M	USD	Annual
Exploration expense, non-cash	`NoncashExplorationExpense`	$567.00K	USD	2 Qtrs
Exploration expense, non-cash	`NoncashExplorationExpense`	-	USD	2 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfProvedOilAndGasProperties`	$1.38B	USD	Annual
Impairment of oil and natural gas properties	`ImpairmentOfProvedOilAndGasProperties`	$1.40B	USD	1 Quarter
Impairment of oil and natural gas properties	`ImpairmentOfProvedOilAndGasProperties`	-	USD	2 Qtrs
Impairment of oil and natural gas properties	`ImpairmentOfProvedOilAndGasProperties`	-	USD	Annual
Impairment of oil and natural gas properties	`ImpairmentOfProvedOilAndGasProperties`	-	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$104.00K	USD	2 Qtrs
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$5.72M	USD	Annual
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$5.51M	USD	Annual
Asset retirement obligation accretion	`AssetRetirementObligationAccretionExpense`	$1.67M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.46M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	-	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$3.63M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$3.54M	USD	Annual
Unrealized (gain) on derivatives, net	`UnrealizedGainLossOnDerivatives`	$277.00K	USD	Annual
Unrealized (gain) on derivatives, net	`UnrealizedGainLossOnDerivatives`	-	USD	2 Qtrs
Unrealized (gain) on derivatives, net	`UnrealizedGainLossOnDerivatives`	$9.49M	USD	2 Qtrs
Unrealized (gain) on derivatives, net	`UnrealizedGainLossOnDerivatives`	-	USD	Annual
(Gain) on sale of equity method investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	-	USD	2 Qtrs
(Gain) on sale of equity method investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	$5.07M	USD	Annual
(Gain) on sale of equity method investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	-	USD	2 Qtrs
(Gain) on sale of equity method investment	`EquityMethodInvestmentRealizedGainLossOnDisposal`	-	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$14.26M	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$-77.83M	USD	Annual
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$324.00K	USD	2 Qtrs
Deferred taxes	`DeferredIncomeTaxExpenseBenefit`	$12.13M	USD	2 Qtrs
Contingent consideration change in fair value	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	Annual
Contingent consideration change in fair value	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	$6.70M	USD	2 Qtrs
Contingent consideration change in fair value	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	Annual
Contingent consideration change in fair value	`BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1`	-	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$11.09M	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$10.03M	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$1.85M	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	-	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$773.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$728.00K	USD	Annual
Other	`OtherNoncashIncomeExpense`	$796.00K	USD	2 Qtrs
Other	`OtherNoncashIncomeExpense`	$668.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$50.61M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-7.95M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-24.22M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$61.41M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$25.04M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-4.52M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.83M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-16.96M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-19.18M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.46M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$4.56M	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$53.97M	USD	2 Qtrs
Drilling advances	`IncreaseDecreaseinDrillingAdvances`	-	USD	2 Qtrs
Drilling advances	`IncreaseDecreaseinDrillingAdvances`	$3.51M	USD	Annual
Drilling advances	`IncreaseDecreaseinDrillingAdvances`	$-11.96M	USD	Annual
Drilling advances	`IncreaseDecreaseinDrillingAdvances`	$9.56M	USD	2 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$768.00K	USD	Annual
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$3.36M	USD	2 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$385.00K	USD	2 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$4.25M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$284.81M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$305.47M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$310.12M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$647.62M	USD	Annual
Proceeds withdrawn from Trust Account	`ProceedsfromWithdrawalFromTrustAccount`	-	USD	Annual
Proceeds withdrawn from Trust Account	`ProceedsfromWithdrawalFromTrustAccount`	-	USD	2 Qtrs
Proceeds withdrawn from Trust Account	`ProceedsfromWithdrawalFromTrustAccount`	$656.08M	USD	2 Qtrs
Proceeds withdrawn from Trust Account	`ProceedsfromWithdrawalFromTrustAccount`	-	USD	Annual
Acquisition of EnerVest properties	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Acquisition of EnerVest properties	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Acquisition of EnerVest properties	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.22B	USD	2 Qtrs
Acquisition of EnerVest properties	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-4.25M	USD	Annual
Acquisitions, other	`PaymentsToAcquireBusinessTwoNetOfCashAcquired`	$73.70M	USD	Annual
Acquisitions, other	`PaymentsToAcquireBusinessTwoNetOfCashAcquired`	$93.22M	USD	Annual
Acquisitions, other	`PaymentsToAcquireBusinessTwoNetOfCashAcquired`	$150.14M	USD	2 Qtrs
Acquisitions, other	`PaymentsToAcquireBusinessTwoNetOfCashAcquired`	$146.53M	USD	2 Qtrs
Proceeds from sale of equity method investment	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	2 Qtrs
Proceeds from sale of equity method investment	`ProceedsFromSaleOfEquityMethodInvestments`	$27.07M	USD	Annual
Proceeds from sale of equity method investment	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	2 Qtrs
Proceeds from sale of equity method investment	`ProceedsFromSaleOfEquityMethodInvestments`	-	USD	Annual
Additions to oil and natural gas properties	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$182.07M	USD	2 Qtrs
Additions to oil and natural gas properties	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$197.86M	USD	Annual
Additions to oil and natural gas properties	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$425.12M	USD	Annual
Additions to oil and natural gas properties	`PaymentsToAcquireOilAndGasPropertyAndEquipment`	$192.25M	USD	2 Qtrs
Changes in working capital associated with additions to oil and natural gas properties	`PaymentsToAcquireOilAndGasPropertyAndEquipmentChangesInWorkingCapital`	$9.91M	USD	Annual
Changes in working capital associated with additions to oil and natural gas properties	`PaymentsToAcquireOilAndGasPropertyAndEquipmentChangesInWorkingCapital`	$15.25M	USD	2 Qtrs
Changes in working capital associated with additions to oil and natural gas properties	`PaymentsToAcquireOilAndGasPropertyAndEquipmentChangesInWorkingCapital`	$24.35M	USD	Annual
Changes in working capital associated with additions to oil and natural gas properties	`PaymentsToAcquireOilAndGasPropertyAndEquipmentChangesInWorkingCapital`	$-50.63M	USD	2 Qtrs
Payment of Contingent Consideration	`PaymentForContingentConsiderationLiabilityInvestingActivities`	-	USD	Annual
Payment of Contingent Consideration	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$26.00M	USD	2 Qtrs
Payment of Contingent Consideration	`PaymentForContingentConsiderationLiabilityInvestingActivities`	-	USD	2 Qtrs
Payment of Contingent Consideration	`PaymentForContingentConsiderationLiabilityInvestingActivities`	-	USD	Annual
Other investing	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	2 Qtrs
Other investing	`PaymentsForProceedsFromOtherInvestingActivities`	$350.00K	USD	2 Qtrs
Other investing	`PaymentsForProceedsFromOtherInvestingActivities`	$242.00K	USD	Annual
Other investing	`PaymentsForProceedsFromOtherInvestingActivities`	$1.15M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-877.64M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-269.99M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-524.25M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-347.45M	USD	2 Qtrs
Parents contribution, net	`ProceedsFromContributionsFromParent`	-	USD	2 Qtrs
Parents contribution, net	`ProceedsFromContributionsFromParent`	-	USD	Annual
Parents contribution, net	`ProceedsFromContributionsFromParent`	$62.64M	USD	2 Qtrs
Parents contribution, net	`ProceedsFromContributionsFromParent`	-	USD	Annual
Contributions from noncontrolling interest owners	`ProceedsFromMinorityShareholders`	-	USD	Annual
Contributions from noncontrolling interest owners	`ProceedsFromMinorityShareholders`	-	USD	2 Qtrs
Contributions from noncontrolling interest owners	`ProceedsFromMinorityShareholders`	-	USD	2 Qtrs
Contributions from noncontrolling interest owners	`ProceedsFromMinorityShareholders`	$7.30M	USD	Annual
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$680.00K	USD	Annual
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	$1.42M	USD	Annual
Distributions to noncontrolling interest owners	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$355.00M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of long term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Proceeds from issuance of long term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from issuance of long term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from issuance of long term debt	`ProceedsFromIssuanceOfLongTermDebt`	$400.00M	USD	2 Qtrs
Repayments of deferred underwriting compensation	`RepaymentsOfDeferredStockIssuanceCosts`	$22.75M	USD	2 Qtrs
Repayments of deferred underwriting compensation	`RepaymentsOfDeferredStockIssuanceCosts`	-	USD	Annual
Repayments of deferred underwriting compensation	`RepaymentsOfDeferredStockIssuanceCosts`	-	USD	Annual
Repayments of deferred underwriting compensation	`RepaymentsOfDeferredStockIssuanceCosts`	-	USD	2 Qtrs
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$23.34M	USD	2 Qtrs
Cash paid for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.00M	USD	Annual
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-844.00K	USD	Annual
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.01M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$707.90M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-76.50M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-30.20M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$62.64M	USD	2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$135.74M	USD	2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$46.88M	USD	Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.93M	USD	Annual
Cash and cash equivalents Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$23.00K	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$192.56M	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$182.63M	USD	Point-in-time
Cash and cash equivalents Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	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`	$23.00K	USD	Point-in-time
Cash and cash equivalents End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$192.56M	USD	Point-in-time
Cash and cash equivalents End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$182.63M	USD	Point-in-time
Cash and cash equivalents End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash and cash equivalents End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$135.76M	USD	Point-in-time

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`NetParentInvestment`	$1.60B	USD	Point-in-time
Balance at beginning of period	`NetParentInvestment`	$1.88B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.73B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$839.42M	USD	Point-in-time
Parents contribution, net	`NetParentInvestmentIncreasefromContribution`	$62.64M	USD	2 Qtrs
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
Stock based compensation expense, net of forfeitures	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.03M	USD	Annual
Stock based compensation expense, net of forfeitures	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.09M	USD	Annual
Stock based compensation expense, net of forfeitures	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.85M	USD	2 Qtrs
Changes in ownership interest adjustment and in deferred tax liability	`MinorityInterestPeriodIncreaseDecrease`	-	USD	2 Qtrs
Changes in ownership interest adjustment and in deferred tax liability	`MinorityInterestPeriodIncreaseDecrease`	-	USD	Annual
Changes in ownership interest adjustment and in deferred tax liability	`MinorityInterestPeriodIncreaseDecrease`	-	USD	Point-in-time
Changes in ownership interest adjustment and in deferred tax liability	`MinorityInterestPeriodIncreaseDecrease`	$-8.98M	USD	Annual
Common stock issued as part of the Business Combination	`StockIssuedDuringPeriodValueAcquisitions`	$58.21M	USD	2 Qtrs
Common stock issued as part of the Business Combination	`StockIssuedDuringPeriodValueAcquisitions`	$33.69M	USD	Annual
Common stock issued as part of the Business Combination	`StockIssuedDuringPeriodValueAcquisitions`	$1.42B	USD	Point-in-time
Final settlement adjustment related to Business Combination	`SharesRedeemedDuringPeriodBusinessAcquisitionValue`	$25.25M	USD	Annual
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
Common stock issued in connection with warrants exchange	`StockIssuedDuringPeriodValueWarrantsExchange`	$-2.23M	USD	Annual
Common stock issued related to stock based compensation and other, net	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$771.00K	USD	Annual
Common stock issued related to stock based compensation and other, net	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$792.00K	USD	Annual
Class A Common Stock repurchases	`TreasuryStockValueAcquiredCostMethod`	$28.68M	USD	Annual
Class A Common Stock repurchases	`TreasuryStockValueAcquiredCostMethod`	$10.28M	USD	Annual
Class B Common Stock repurchase	`StockRepurchasedAndRetiredDuringPeriodValue`	$69.09M	USD	Annual
Contributions from noncontrolling interest owners	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$8.81M	USD	Annual
Distributions to noncontrolling interest owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.42M	USD	Annual
Distributions to noncontrolling interest owners	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$680.00K	USD	Annual
NET INCOME (LOSS)	`ProfitLoss`	$-1.87B	USD	Annual
NET INCOME (LOSS)	`ProfitLoss`	$85.00M	USD	Annual
NET INCOME (LOSS)	`ProfitLoss`	$82.45M	USD	2 Qtrs
NET INCOME (LOSS)	`ProfitLoss`	$218.55M	USD	2 Qtrs
Changes in deferred tax liability	`AdjustmentsToAdditionalPaidInCapitalChangesInDeferredTaxLiability`	$21.39M	USD	2 Qtrs
Changes in deferred tax liability	`AdjustmentsToAdditionalPaidInCapitalChangesInDeferredTaxLiability`	$-52.79M	USD	Point-in-time
Balance at end of period	`NetParentInvestment`	$1.60B	USD	Point-in-time
Balance at end of period	`NetParentInvestment`	$1.88B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.54B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.73B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$2.71B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$839.42M	USD	Point-in-time

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