2012 Q3 Form 10-Q Financial Statement
#000110465912057739 Filed on August 14, 2012
Income Statement
Concept | 2012 Q3 | 2012 Q2 | 2011 Q2 |
---|---|---|---|
Revenue | $25.93M | $102.6M | $64.66M |
YoY Change | -71.95% | 58.64% | |
Cost Of Revenue | $6.600M | $5.900M | $3.700M |
YoY Change | 69.23% | 59.46% | |
Gross Profit | $19.40M | $96.70M | $61.00M |
YoY Change | -78.1% | 58.52% | |
Gross Profit Margin | 74.81% | 94.27% | 94.33% |
Selling, General & Admin | $7.900M | $5.000M | $10.60M |
YoY Change | -53.8% | -52.83% | |
% of Gross Profit | 40.72% | 5.17% | 17.38% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $30.69M | $27.88M | $21.27M |
YoY Change | 34.93% | 31.11% | |
% of Gross Profit | 158.21% | 28.83% | 34.86% |
Operating Expenses | $54.50M | $45.20M | $40.99M |
YoY Change | 25.72% | 10.27% | |
Operating Profit | -$28.57M | $57.39M | $23.68M |
YoY Change | -158.17% | 142.35% | |
Interest Expense | $908.0K | $990.0K | $134.0K |
YoY Change | 51.08% | 638.81% | |
% of Operating Profit | 1.73% | 0.57% | |
Other Income/Expense, Net | -$828.0K | -$847.0K | -$130.0K |
YoY Change | 38.46% | 551.54% | |
Pretax Income | -$29.40M | $56.54M | $23.55M |
YoY Change | -160.59% | 140.1% | |
Income Tax | -$11.59M | $168.9M | $0.00 |
% Of Pretax Income | 298.76% | 0.0% | |
Net Earnings | -$17.80M | -$112.4M | $23.55M |
YoY Change | -136.7% | -577.2% | |
Net Earnings / Revenue | -68.65% | -109.55% | 36.42% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$2.697M | -$17.03M | $3.561M |
COMMON SHARES | |||
Basic Shares Outstanding | 66.55M shares | 66.42M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2012 Q3 | 2012 Q2 | 2011 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $4.700M | $11.70M | |
YoY Change | -53.92% | ||
Cash & Equivalents | $4.674M | $11.69M | $10.46M |
Short-Term Investments | |||
Other Short-Term Assets | $1.500M | $17.70M | |
YoY Change | -87.6% | ||
Inventory | $7.036M | $6.500M | |
Prepaid Expenses | $270.0K | ||
Receivables | $22.60M | ||
Other Receivables | $521.0K | ||
Total Short-Term Assets | $36.27M | $55.10M | |
YoY Change | -15.64% | ||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $806.0M | $726.2M | |
YoY Change | 55.38% | ||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $14.05M | $9.907M | |
YoY Change | 242.63% | ||
Total Long-Term Assets | $820.0M | $736.1M | |
YoY Change | 56.85% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $36.27M | $55.10M | |
Total Long-Term Assets | $820.0M | $736.1M | |
Total Assets | $856.3M | $791.2M | |
YoY Change | 51.34% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $39.49M | $27.10M | |
YoY Change | -43.1% | ||
Accrued Expenses | $64.51M | $63.00M | |
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $113.2M | $90.47M | |
YoY Change | 61.54% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $216.3M | $151.7M | |
YoY Change | 8.91% | ||
Other Long-Term Liabilities | $573.0K | $10.00M | |
YoY Change | -97.0% | ||
Total Long-Term Liabilities | $390.0M | $151.7M | |
YoY Change | 79.14% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $113.2M | $90.47M | |
Total Long-Term Liabilities | $390.0M | $151.7M | |
Total Liabilities | $503.2M | $242.2M | |
YoY Change | 74.85% | ||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$184.7M | -$166.9M | |
YoY Change | |||
Common Stock | $537.7M | $537.0M | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $353.1M | $370.1M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $856.3M | $791.2M | |
YoY Change | 51.34% |
Cashflow Statement
Concept | 2012 Q3 | 2012 Q2 | 2011 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$17.80M | -$112.4M | $23.55M |
YoY Change | -136.7% | -577.2% | |
Depreciation, Depletion And Amortization | $30.69M | $27.88M | $21.27M |
YoY Change | 34.93% | 31.11% | |
Cash From Operating Activities | $34.70M | $25.70M | $40.30M |
YoY Change | -4.41% | -36.23% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$100.7M | -$111.7M | -$49.90M |
YoY Change | 66.72% | 123.85% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | ||
YoY Change | |||
Cash From Investing Activities | -$100.7M | -$111.7M | -$49.90M |
YoY Change | 66.72% | 123.85% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 58.90M | 88.60M | 16.00M |
YoY Change | 147.48% | 453.75% | |
NET CHANGE | |||
Cash From Operating Activities | 34.70M | 25.70M | 40.30M |
Cash From Investing Activities | -100.7M | -111.7M | -49.90M |
Cash From Financing Activities | 58.90M | 88.60M | 16.00M |
Net Change In Cash | -7.100M | 2.600M | 6.400M |
YoY Change | 2266.67% | -59.37% | |
FREE CASH FLOW | |||
Cash From Operating Activities | $34.70M | $25.70M | $40.30M |
Capital Expenditures | -$100.7M | -$111.7M | -$49.90M |
Free Cash Flow | $135.4M | $137.4M | $90.20M |
YoY Change | 40.02% | 52.33% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
mpo |
Severance And Other Taxes
SeveranceAndOtherTaxes
|
9495000 | USD | |
us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
-2.39 | ||
us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
-2.39 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2012 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Midstates Petroleum Company, Inc. | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001533924 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2012-06-30 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
CY2012Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
66549563 | shares |
CY2011Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
7627000 | USD |
CY2011Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
234800000 | USD |
CY2012Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
791235000 | USD |
CY2011Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
624656000 | USD |
CY2011Q2 | mpo |
Oil Sales Revenue
OilSalesRevenue
|
45994000 | USD |
mpo |
Oil Sales Revenue
OilSalesRevenue
|
81577000 | USD | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7344000 | USD |
CY2011Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
23792000 | USD |
CY2011Q4 | mpo |
Severance Tax Receivable Current
SeveranceTaxReceivableCurrent
|
3413000 | USD |
CY2011Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
249000 | USD |
CY2011Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
2642000 | USD |
CY2011Q4 | us-gaap |
Inventory Net
InventoryNet
|
5713000 | USD |
CY2011Q4 | us-gaap |
Assets Current
AssetsCurrent
|
48110000 | USD |
CY2011Q4 | us-gaap |
Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
|
644393000 | USD |
CY2011Q4 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
|
76857000 | USD |
CY2011Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
1672000 | USD |
CY2011Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
148843000 | USD |
CY2011Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
574079000 | USD |
CY2011Q4 | mpo |
Security Deposit And Other Assets Noncurrent
SecurityDepositAndOtherAssetsNoncurrent
|
1879000 | USD |
CY2011Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
2467000 | USD |
CY2011Q4 | us-gaap |
Assets
Assets
|
624656000 | USD |
CY2011Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
35731000 | USD |
CY2011Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
37524000 | USD |
CY2011Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
695000 | USD |
CY2011Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
253300000 | USD |
CY2011Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2012Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2012Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
90467000 | USD |
CY2012Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
9907000 | USD |
CY2012Q2 | us-gaap |
Assets
Assets
|
791235000 | USD |
CY2012Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
665000 | USD |
CY2012Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-166878000 | USD |
CY2011Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-36994000 | USD |
CY2012Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
370139000 | USD |
CY2011Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
285502000 | USD |
CY2011Q2 | us-gaap |
Natural Gas Production Revenue
NaturalGasProductionRevenue
|
4962000 | USD |
us-gaap |
Natural Gas Production Revenue
NaturalGasProductionRevenue
|
9035000 | USD | |
CY2011Q2 | us-gaap |
Natural Gas Midstream Revenue
NaturalGasMidstreamRevenue
|
3171000 | USD |
us-gaap |
Natural Gas Midstream Revenue
NaturalGasMidstreamRevenue
|
5216000 | USD | |
CY2011Q2 | us-gaap |
Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
|
10477000 | USD |
us-gaap |
Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
|
-18119000 | USD | |
CY2011Q2 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
60000 | USD |
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
114000 | USD | |
CY2011Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
64664000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
77823000 | USD | |
CY2011Q2 | mpo |
Lease Operating Expense And Well Service Expense
LeaseOperatingExpenseAndWellServiceExpense
|
3669000 | USD |
mpo |
Lease Operating Expense And Well Service Expense
LeaseOperatingExpenseAndWellServiceExpense
|
6275000 | USD | |
CY2011Q2 | mpo |
Severance And Other Taxes
SeveranceAndOtherTaxes
|
5370000 | USD |
CY2011Q2 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
39000 | USD |
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
86000 | USD | |
CY2011Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
10641000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
14544000 | USD | |
CY2011Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
21266000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
39884000 | USD | |
CY2011Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
40985000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
70284000 | USD | |
CY2011Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
23679000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
7539000 | USD | |
CY2011Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
4000 | USD |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
12000 | USD | |
CY2011Q2 | us-gaap |
Interest Expense
InterestExpense
|
134000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
134000 | USD | |
CY2011Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-130000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-122000 | USD | |
CY2011Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
23549000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
7417000 | USD | |
us-gaap |
Unrealized Gain Loss On Commodity Contracts
UnrealizedGainLossOnCommodityContracts
|
-9982000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7949000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
383000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1181000 | USD | |
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-305000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-117000 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
104000 | USD | |
us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
2400000 | USD | |
CY2012Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2012Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2012Q2 | us-gaap |
Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
|
60887000 | shares |
us-gaap |
Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
|
54261000 | shares | |
us-gaap |
Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
|
54261000 | shares | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-6920000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
9069000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
3000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
66984000 | USD | |
us-gaap |
Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
|
102302000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-102302000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
57000000 | USD | |
us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
|
170000 | USD | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-3000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
33856000 | USD | |
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-1462000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
28800000 | USD | |
CY2012Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
11689000 | USD |
CY2010Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
11917000 | USD |
CY2011Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
10455000 | USD |
us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
1300000 | USD | |
CY2012Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
66549563 | shares |
CY2012Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
66549563 | shares |
CY2012Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
102582000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
132825000 | USD | |
CY2012Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
57387000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
41563000 | USD | |
CY2012Q2 | us-gaap |
Basic Earnings Per Share Pro Forma
BasicEarningsPerShareProForma
|
-1.85 | |
CY2012Q2 | us-gaap |
Diluted Earnings Per Share Pro Forma
DilutedEarningsPerShareProForma
|
-1.85 | |
CY2012Q2 | us-gaap |
Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
|
60887000 | shares |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
168917000 | USD | |
CY2012Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
168917000 | USD |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-184245000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
128627000 | USD | |
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
4345000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
59963000 | USD | |
CY2012Q2 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
9398000 | USD |
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
298000 | USD | |
us-gaap |
Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
|
3000 | USD | |
us-gaap |
Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
|
1470000 | USD | |
CY2011Q4 | us-gaap |
Commodity Contract Asset Current
CommodityContractAssetCurrent
|
4957000 | USD |
CY2012Q2 | us-gaap |
Commodity Contract Asset Current
CommodityContractAssetCurrent
|
12038000 | USD |
CY2011Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
12599000 | USD |
CY2012Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
360000 | USD |
CY2011Q4 | us-gaap |
Commodity Contract Asset Noncurrent
CommodityContractAssetNoncurrent
|
588000 | USD |
CY2012Q2 | us-gaap |
Commodity Contract Asset Noncurrent
CommodityContractAssetNoncurrent
|
6247000 | USD |
CY2011Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
10178000 | USD |
us-gaap |
Interest Paid Net
InterestPaidNet
|
2763000 | USD | |
CY2011Q4 | us-gaap |
Members Equity
MembersEquity
|
322496000 | USD |
CY2012Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
536352000 | USD |
CY2011Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
23549000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
7417000 | USD | |
CY2012Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
56540000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
39033000 | USD | |
us-gaap |
Payments Of Capital Distribution
PaymentsOfCapitalDistribution
|
22811000 | USD | |
CY2012Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
151700000 | USD |
CY2012Q2 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.497 | pure |
CY2012Q2 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | pure |
CY2012Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2012Q2 | us-gaap |
Share Price
SharePrice
|
13.00 | |
CY2012Q2 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
358800000 | USD |
CY2012Q2 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
99000000 | USD |
CY2012Q2 | mpo |
Proceeds From Issuance Of Common Stock Used To Fund Execution Of Drilling Program
ProceedsFromIssuanceOfCommonStockUsedToFundExecutionOfDrillingProgram
|
47700000 | USD |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | item |