2013 Q3 Form 10-Q Financial Statement
#000110465913061706 Filed on August 08, 2013
Income Statement
Concept | 2013 Q3 | 2013 Q2 | 2012 Q2 |
---|---|---|---|
Revenue | $111.5M | $126.0M | $102.6M |
YoY Change | 329.99% | 22.84% | 58.64% |
Cost Of Revenue | $21.80M | $17.60M | $5.900M |
YoY Change | 230.3% | 198.31% | 59.46% |
Gross Profit | $89.70M | $108.4M | $96.70M |
YoY Change | 362.37% | 12.1% | 58.52% |
Gross Profit Margin | 80.44% | 86.03% | 94.27% |
Selling, General & Admin | $16.50M | $15.30M | $5.000M |
YoY Change | 108.86% | 206.0% | -52.83% |
% of Gross Profit | 18.39% | 14.11% | 5.17% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $74.79M | $52.83M | $27.88M |
YoY Change | 143.68% | 89.48% | 31.11% |
% of Gross Profit | 83.38% | 48.74% | 28.83% |
Operating Expenses | $122.4M | $104.1M | $45.20M |
YoY Change | 124.55% | 130.25% | 10.27% |
Operating Profit | -$10.87M | $21.95M | $57.39M |
YoY Change | -61.95% | -61.76% | 142.35% |
Interest Expense | $25.95M | $16.62M | $990.0K |
YoY Change | 2757.93% | 1578.89% | 638.81% |
% of Operating Profit | 75.73% | 1.73% | |
Other Income/Expense, Net | -$25.94M | -$16.62M | -$847.0K |
YoY Change | 3033.21% | 1861.75% | 551.54% |
Pretax Income | -$36.81M | $5.331M | $56.54M |
YoY Change | 25.24% | -90.57% | 140.1% |
Income Tax | -$13.21M | $1.993M | $168.9M |
% Of Pretax Income | 37.39% | 298.76% | |
Net Earnings | -$23.61M | $3.338M | -$112.4M |
YoY Change | 32.6% | -102.97% | -577.2% |
Net Earnings / Revenue | -21.17% | 2.65% | -109.55% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$3.576M | $485.3K | -$17.03M |
COMMON SHARES | |||
Basic Shares Outstanding | 68.52M shares | 66.42M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2013 Q3 | 2013 Q2 | 2012 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $25.00M | $12.30M | $11.70M |
YoY Change | 431.91% | 5.13% | |
Cash & Equivalents | $24.95M | $12.29M | $11.69M |
Short-Term Investments | |||
Other Short-Term Assets | $691.0K | $10.72M | $17.70M |
YoY Change | -53.93% | -39.44% | |
Inventory | $6.500M | ||
Prepaid Expenses | |||
Receivables | $88.22M | $61.65M | |
Other Receivables | $2.844M | $1.519M | |
Total Short-Term Assets | $165.7M | $127.6M | $55.10M |
YoY Change | 356.71% | 131.58% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.481B | $2.383B | $726.2M |
YoY Change | 207.78% | 228.12% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $57.90M | $55.41M | $9.907M |
YoY Change | 312.18% | 459.26% | |
Total Long-Term Assets | $2.539B | $2.438B | $736.1M |
YoY Change | 209.61% | 231.22% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $165.7M | $127.6M | $55.10M |
Total Long-Term Assets | $2.539B | $2.438B | $736.1M |
Total Assets | $2.704B | $2.566B | $791.2M |
YoY Change | 215.84% | 224.28% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $34.69M | $22.44M | $27.10M |
YoY Change | -12.16% | -17.2% | |
Accrued Expenses | $198.7M | $151.0M | $63.00M |
YoY Change | 208.02% | 139.66% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $261.8M | $182.3M | $90.47M |
YoY Change | 131.23% | 101.52% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.606B | $1.521B | $151.7M |
YoY Change | 642.56% | 902.74% | |
Other Long-Term Liabilities | $1.862M | $1.088M | $10.00M |
YoY Change | 224.96% | -89.12% | |
Total Long-Term Liabilities | $1.788B | $1.741B | $151.7M |
YoY Change | 358.46% | 1047.97% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $261.8M | $182.3M | $90.47M |
Total Long-Term Liabilities | $1.788B | $1.741B | $151.7M |
Total Liabilities | $2.050B | $1.924B | $242.2M |
YoY Change | 307.33% | 694.4% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$215.3M | -$191.7M | -$166.9M |
YoY Change | 16.58% | 14.88% | |
Common Stock | $870.6M | $834.4M | $537.0M |
YoY Change | 61.9% | 55.37% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $605.0K | $605.0K | |
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $654.7M | $642.1M | $370.1M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.704B | $2.566B | $791.2M |
YoY Change | 215.84% | 224.28% |
Cashflow Statement
Concept | 2013 Q3 | 2013 Q2 | 2012 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$23.61M | $3.338M | -$112.4M |
YoY Change | 32.6% | -102.97% | -577.2% |
Depreciation, Depletion And Amortization | $74.79M | $52.83M | $27.88M |
YoY Change | 143.68% | 89.48% | 31.11% |
Cash From Operating Activities | $107.1M | $10.60M | $25.70M |
YoY Change | 208.65% | -58.75% | -36.23% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$177.9M | -$127.1M | -$111.7M |
YoY Change | 76.66% | 13.79% | 123.85% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | -$621.7M | |
YoY Change | |||
Cash From Investing Activities | -$178.0M | -$748.8M | -$111.7M |
YoY Change | 76.76% | 570.37% | 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 | 83.50M | 699.8M | 88.60M |
YoY Change | 41.77% | 689.84% | 453.75% |
NET CHANGE | |||
Cash From Operating Activities | 107.1M | 10.60M | 25.70M |
Cash From Investing Activities | -178.0M | -748.8M | -111.7M |
Cash From Financing Activities | 83.50M | 699.8M | 88.60M |
Net Change In Cash | 12.60M | -38.40M | 2.600M |
YoY Change | -277.46% | -1576.92% | -59.37% |
FREE CASH FLOW | |||
Cash From Operating Activities | $107.1M | $10.60M | $25.70M |
Capital Expenditures | -$177.9M | -$127.1M | -$111.7M |
Free Cash Flow | $285.0M | $137.7M | $137.4M |
YoY Change | 110.49% | 0.22% | 52.33% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | item | |
CY2012Q4 | us-gaap |
Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
|
1522723000 | USD |
CY2012Q4 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
|
313941000 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
5038000 | USD |
CY2012Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
274294000 | USD |
CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1567408000 | USD |
CY2013Q2 | us-gaap |
Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
|
2277758000 | USD |
CY2013Q2 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
|
466274000 | USD |
CY2013Q2 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
7907000 | USD |
CY2013Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
369099000 | USD |
CY2013Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2382840000 | USD |
CY2013Q2 | mpo |
Depletion Costs Per Barrel Of Oil Equivalents Boe
DepletionCostsPerBarrelOfOilEquivalentsBOE
|
29.24 | |
CY2012Q2 | mpo |
Depletion Costs Per Barrel Of Oil Equivalents Boe
DepletionCostsPerBarrelOfOilEquivalentsBOE
|
38.65 | |
mpo |
Depletion Costs Per Barrel Of Oil Equivalents Boe
DepletionCostsPerBarrelOfOilEquivalentsBOE
|
28.92 | ||
mpo |
Depletion Costs Per Barrel Of Oil Equivalents Boe
DepletionCostsPerBarrelOfOilEquivalentsBOE
|
37.86 | ||
CY2012Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
15245000 | USD |
CY2013Q2 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
22617000 | USD |
us-gaap |
Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
|
509000 | USD | |
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
567000 | USD | |
CY2012Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
694000000 | USD |
CY2013Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1521150000 | USD |
CY2012Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
682000 | USD |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
682000 | USD | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3014000 | USD | |
CY2013Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1770000 | USD |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
600000 | USD | |
CY2013Q2 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
400000 | USD |
CY2012Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
35618000 | USD |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.393 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | pure | |
us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | USD | |
CY2013Q2 | us-gaap |
Valuation Allowance Amount
ValuationAllowanceAmount
|
0 | USD |
CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3338000 | USD |
CY2012Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-112377000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4611000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-129884000 | USD | |
CY2013Q2 | us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
170000 | USD |
CY2013Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
459000 | USD |
CY2012Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-112377000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-11437000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-129884000 | USD | |
CY2013Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
629000 | USD |
CY2012Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-112377000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-11437000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-129884000 | USD | |
CY2013Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
68441000 | shares |
CY2012Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
60887000 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
65699000 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
54261000 | shares | |
us-gaap |
Dilutive Securities
DilutiveSecurities
|
0 | USD | |
CY2013Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
68545925 | shares |
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
|
2013-06-30 | ||
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 | ||
CY2013Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
68522921 | shares |
CY2013Q2 | us-gaap |
Assets
Assets
|
2565844000 | USD |
CY2012Q4 | us-gaap |
Commodity Contract Asset Noncurrent
CommodityContractAssetNoncurrent
|
1717000 | USD |
CY2012Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
25413000 | USD |
CY2012Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
27130000 | USD |
CY2012Q4 | us-gaap |
Assets
Assets
|
1684010000 | USD |
CY2013Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
150984000 | USD |
CY2013Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
8883000 | USD |
CY2012Q4 | mpo |
Joint Interest Billing Receivable Current
JointInterestBillingReceivableCurrent
|
10815000 | USD |
CY2012Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
3866000 | USD |
CY2013Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
61650000 | USD |
CY2013Q2 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
1519000 | USD |
CY2013Q2 | us-gaap |
Commodity Contract Asset Current
CommodityContractAssetCurrent
|
9006000 | USD |
CY2013Q2 | us-gaap |
Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
|
11517000 | USD |
CY2013Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
10720000 | USD |
CY2013Q2 | us-gaap |
Assets Current
AssetsCurrent
|
127598000 | USD |
CY2012Q4 | us-gaap |
Commodity Contract Asset Current
CommodityContractAssetCurrent
|
5695000 | USD |
CY2013Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
182305000 | USD |
CY2013Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
22438000 | USD |
CY2012Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
29196000 | USD |
CY2012Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
98649000 | USD |
CY2012Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
7582000 | USD |
CY2012Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
135427000 | USD |
CY2012Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2013Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2013 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
18878000 | USD |
CY2013Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
12285000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
|
6027000 | USD |
CY2012Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
8573000 | USD |
CY2012Q4 | us-gaap |
Assets Current
AssetsCurrent
|
89472000 | USD |
CY2013Q2 | us-gaap |
Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
|
2744032000 | USD |
CY2012Q4 | us-gaap |
Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
|
1836664000 | USD |
CY2013Q2 | us-gaap |
Commodity Contract Asset Noncurrent
CommodityContractAssetNoncurrent
|
4631000 | USD |
CY2013Q2 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
50775000 | USD |
CY2013Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
55406000 | USD |
CY2013Q2 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
495000 | USD |
CY2012Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
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CY2013Q2 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
196115000 | USD |
CY2012Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
190625000 | USD |
CY2013Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1088000 | USD |
CY2012Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1189000 | USD |
CY2013Q2 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
1741465000 | USD |
CY2012Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
905002000 | USD |
CY2013Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
833692000 | USD |
CY2012Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
830003000 | USD |
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Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-191702000 | USD |
CY2012Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-187091000 | USD |
CY2013Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
642074000 | USD |
CY2012Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
643581000 | USD |
CY2013Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2565844000 | USD |
CY2012Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1684010000 | USD |
CY2013Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
686000 | USD |
CY2012Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
666000 | USD |
CY2013Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
325000 | shares |
CY2013Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2012Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2013Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
68652983 | shares |
mpo |
Lease Operating Expense And Well Service Expense
LeaseOperatingExpenseAndWellServiceExpense
|
12388000 | USD | |
CY2013Q2 | mpo |
Severance And Other Taxes
SeveranceAndOtherTaxes
|
6579000 | USD |
CY2012Q2 | mpo |
Severance And Other Taxes
SeveranceAndOtherTaxes
|
6272000 | USD |
CY2013Q2 | us-gaap |
Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
|
22421000 | USD |
CY2012Q2 | us-gaap |
Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
|
48143000 | USD |
us-gaap |
Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
|
2297000 | USD | |
us-gaap |
Gain Loss On Oil And Gas Hedging Activity
GainLossOnOilAndGasHedgingActivity
|
23478000 | USD | |
CY2013Q2 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
489000 | USD |
CY2012Q2 | us-gaap |
Natural Gas Midstream Revenue
NaturalGasMidstreamRevenue
|
3901000 | USD |
us-gaap |
Natural Gas Midstream Revenue
NaturalGasMidstreamRevenue
|
20717000 | USD | |
us-gaap |
Natural Gas Midstream Revenue
NaturalGasMidstreamRevenue
|
10173000 | USD | |
CY2012Q2 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
103000 | USD |
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
903000 | USD | |
us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
207000 | USD | |
CY2013Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
126008000 | USD |
CY2012Q2 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
102582000 | USD |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
197030000 | USD | |
us-gaap |
Sales Revenue Net
SalesRevenueNet
|
132825000 | USD | |
CY2013Q2 | mpo |
Lease Operating Expense And Well Service Expense
LeaseOperatingExpenseAndWellServiceExpense
|
17575000 | USD |
CY2012Q2 | mpo |
Lease Operating Expense And Well Service Expense
LeaseOperatingExpenseAndWellServiceExpense
|
5921000 | USD |
mpo |
Lease Operating Expense And Well Service Expense
LeaseOperatingExpenseAndWellServiceExpense
|
31446000 | USD | |
CY2012Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
66619711 | shares |
CY2012Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
66619711 | shares |
CY2013Q2 | mpo |
Oil Sales Revenue
OilSalesRevenue
|
77636000 | USD |
CY2012Q2 | mpo |
Oil Sales Revenue
OilSalesRevenue
|
48056000 | USD |
mpo |
Oil Sales Revenue
OilSalesRevenue
|
149854000 | USD | |
mpo |
Oil Sales Revenue
OilSalesRevenue
|
93138000 | USD | |
CY2013Q2 | us-gaap |
Natural Gas Production Revenue
NaturalGasProductionRevenue
|
14464000 | USD |
CY2012Q2 | us-gaap |
Natural Gas Production Revenue
NaturalGasProductionRevenue
|
2379000 | USD |
us-gaap |
Natural Gas Production Revenue
NaturalGasProductionRevenue
|
23259000 | USD | |
us-gaap |
Natural Gas Production Revenue
NaturalGasProductionRevenue
|
5829000 | USD | |
CY2013Q2 | us-gaap |
Natural Gas Midstream Revenue
NaturalGasMidstreamRevenue
|
10998000 | USD |
mpo |
Severance And Other Taxes
SeveranceAndOtherTaxes
|
12534000 | USD | |
mpo |
Severance And Other Taxes
SeveranceAndOtherTaxes
|
11648000 | USD | |
CY2013Q2 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
313000 | USD |
CY2012Q2 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
164000 | USD |
us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
298000 | USD | |
CY2013Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
52830000 | USD |
CY2012Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
27882000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
94806000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
55909000 | USD | |
CY2013Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
15272000 | USD |
CY2012Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4956000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
26298000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
11019000 | USD | |
CY2013Q2 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
11492000 | USD |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
11492000 | USD | |
CY2013Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
104061000 | USD |
CY2012Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
45195000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
177143000 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
91262000 | USD | |
CY2013Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
21947000 | USD |
CY2012Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
57387000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
19887000 | USD | |
CY2012Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
11689000 | USD |
mpo |
Stock Issued Public Offering Expenses
StockIssuedPublicOfferingExpenses
|
6100000 | USD | |
mpo |
Stock Issued Public Offering Expenses
StockIssuedPublicOfferingExpenses
|
6100000 | USD | |
us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
14900000 | USD | |
us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
2400000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
376000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
41563000 | USD | |
CY2013Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
5000 | USD |
CY2012Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
143000 | USD |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
10000 | USD | |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
150000 | USD | |
CY2013Q2 | us-gaap |
Interest Expense
InterestExpense
|
16621000 | USD |
CY2012Q2 | us-gaap |
Interest Expense
InterestExpense
|
990000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
27488000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
2680000 | USD | |
CY2013Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-16616000 | USD |
CY2012Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-847000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-27478000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2530000 | USD | |
CY2013Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
5331000 | 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
|
-7591000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
39033000 | USD | |
CY2013Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1993000 | USD |
CY2012Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
168917000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-2980000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
168917000 | USD | |
CY2013Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2709000 | USD |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
6826000 | USD | |
CY2013Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.01 | |
CY2012Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.85 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.17 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-2.39 | ||
us-gaap |
Unrealized Gain Loss On Commodity Contracts
UnrealizedGainLossOnCommodityContracts
|
35157000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
682000 | USD | |
us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
168917000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-5015000 | USD | |
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-2872000 | USD | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
3491000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-3077000 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-2371000 | USD | |
us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
126000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
59963000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
72840000 | USD | |
us-gaap |
Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
|
184245000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-184245000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-881332000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
20067000 | USD | |
us-gaap |
Proceeds From Issuance Of Redeemable Convertible Preferred Stock
ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
|
65000000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
103167000 | USD | |
us-gaap |
Payments For Repurchase Of Redeemable Convertible Preferred Stock
PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock
|
65000000 | USD | |
us-gaap |
Payments Of Loan Costs
PaymentsOfLoanCosts
|
2112000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
128627000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
801899000 | USD | |
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
4345000 | USD | |
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-6593000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
79400000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
2763000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
104161000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
19494000 | USD | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7344000 | USD |
us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
3709000 | USD | |
CY2012Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2013Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2013Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
605000 | USD |
us-gaap |
Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
|
213839000 | USD |