2014 Q2 Form 10-Q Financial Statement
#000110465914036956 Filed on May 09, 2014
Income Statement
Concept | 2014 Q2 | 2014 Q1 | 2013 Q1 |
---|---|---|---|
Revenue | $148.0M | $144.7M | $71.02M |
YoY Change | 17.44% | 103.69% | 134.83% |
Cost Of Revenue | $19.70M | $20.10M | $13.90M |
YoY Change | 11.93% | 44.6% | 113.85% |
Gross Profit | $128.3M | $124.5M | $57.20M |
YoY Change | 18.36% | 117.66% | 140.34% |
Gross Profit Margin | 86.7% | 86.06% | 80.54% |
Selling, General & Admin | $16.40M | $14.50M | $11.00M |
YoY Change | 7.19% | 31.82% | 80.33% |
% of Gross Profit | 12.78% | 11.65% | 19.23% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $71.07M | $66.90M | $41.98M |
YoY Change | 34.53% | 59.38% | 49.77% |
% of Gross Profit | 55.4% | 53.74% | 73.38% |
Operating Expenses | $116.3M | $196.6M | $73.08M |
YoY Change | 11.79% | 169.07% | 58.64% |
Operating Profit | $31.67M | -$51.98M | -$2.060M |
YoY Change | 44.28% | 2423.2% | -86.98% |
Interest Expense | $33.81M | $33.95M | $10.87M |
YoY Change | 103.44% | 212.39% | 543.02% |
% of Operating Profit | 106.78% | ||
Other Income/Expense, Net | -$33.80M | -$33.94M | -$10.86M |
YoY Change | 103.44% | 212.44% | 545.4% |
Pretax Income | -$2.139M | -$85.92M | -$12.92M |
YoY Change | -140.12% | 564.87% | -26.16% |
Income Tax | -$41.00K | -$2.270M | -$4.973M |
% Of Pretax Income | |||
Net Earnings | -$2.098M | -$83.65M | -$7.949M |
YoY Change | -162.85% | 952.27% | -54.58% |
Net Earnings / Revenue | -1.42% | -57.82% | -11.19% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$308.8K | -$12.67M | -$1.197M |
COMMON SHARES | |||
Basic Shares Outstanding | 70.27M shares | 68.37M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2014 Q2 | 2014 Q1 | 2013 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $29.70M | $14.60M | $50.60M |
YoY Change | 141.46% | -71.15% | 450.0% |
Cash & Equivalents | $29.66M | $14.65M | $50.63M |
Short-Term Investments | |||
Other Short-Term Assets | $1.419M | $4.378M | $22.60M |
YoY Change | -86.76% | -80.63% | 296.49% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $103.5M | $105.3M | |
Other Receivables | $2.396M | $1.150M | |
Total Short-Term Assets | $189.8M | $192.0M | $135.3M |
YoY Change | 48.72% | 41.88% | 219.79% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.003B | $2.084B | $1.658B |
YoY Change | -15.96% | 25.69% | 157.37% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $50.94M | $52.99M | $26.00M |
YoY Change | -8.06% | 103.82% | 1200.0% |
Total Long-Term Assets | $2.054B | $2.138B | $1.684B |
YoY Change | -15.78% | 26.95% | 160.59% |
TOTAL ASSETS | |||
Total Short-Term Assets | $189.8M | $192.0M | $135.3M |
Total Long-Term Assets | $2.054B | $2.138B | $1.684B |
Total Assets | $2.243B | $2.330B | $1.820B |
YoY Change | -12.57% | 28.06% | 164.23% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $34.27M | $24.80M | $6.200M |
YoY Change | 52.72% | 299.98% | -87.46% |
Accrued Expenses | $208.0M | $268.1M | $149.4M |
YoY Change | 37.75% | 79.43% | 195.98% |
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 | $289.4M | $330.0M | $168.8M |
YoY Change | 58.75% | 95.5% | 14.27% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.654B | $1.701B | $796.5M |
YoY Change | 8.74% | 113.59% | 201.69% |
Other Long-Term Liabilities | $2.665M | $2.491M | $25.90M |
YoY Change | 144.94% | -90.38% | 3854.2% |
Total Long-Term Liabilities | $1.696B | $1.742B | $796.5M |
YoY Change | -2.59% | 118.75% | 191.85% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $289.4M | $330.0M | $168.8M |
Total Long-Term Liabilities | $1.696B | $1.742B | $796.5M |
Total Liabilities | $1.986B | $2.072B | $1.182B |
YoY Change | 3.22% | 75.26% | 181.11% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$616.8M | -$614.7M | |
YoY Change | 221.76% | ||
Common Stock | $876.6M | $873.8M | |
YoY Change | 5.05% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $2.155M | $1.313M | |
YoY Change | 256.2% | ||
Treasury Stock Shares | |||
Shareholders Equity | $257.6M | $257.8M | $637.1M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.243B | $2.330B | $1.820B |
YoY Change | -12.57% | 28.06% | 164.23% |
Cashflow Statement
Concept | 2014 Q2 | 2014 Q1 | 2013 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.098M | -$83.65M | -$7.949M |
YoY Change | -162.85% | 952.27% | -54.58% |
Depreciation, Depletion And Amortization | $71.07M | $66.90M | $41.98M |
YoY Change | 34.53% | 59.38% | 49.77% |
Cash From Operating Activities | $68.20M | $105.4M | $62.20M |
YoY Change | 543.4% | 69.45% | 81.34% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$152.7M | -$122.8M | -$132.5M |
YoY Change | 20.14% | -7.32% | 82.76% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $147.5M | ||
YoY Change | -123.73% | ||
Cash From Investing Activities | -$5.200M | -$122.8M | -$132.5M |
YoY Change | -99.31% | -7.32% | 82.76% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $649.0K | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -47.90M | -1.100M | 102.1M |
YoY Change | -106.84% | -101.08% | 155.25% |
NET CHANGE | |||
Cash From Operating Activities | 68.20M | 105.4M | 62.20M |
Cash From Investing Activities | -5.200M | -122.8M | -132.5M |
Cash From Financing Activities | -47.90M | -1.100M | 102.1M |
Net Change In Cash | 15.10M | -18.50M | 31.80M |
YoY Change | -139.32% | -158.18% | 1666.67% |
FREE CASH FLOW | |||
Cash From Operating Activities | $68.20M | $105.4M | $62.20M |
Capital Expenditures | -$152.7M | -$122.8M | -$132.5M |
Free Cash Flow | $220.9M | $228.2M | $194.7M |
YoY Change | 60.42% | 17.21% | 82.3% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2013Q4 | us-gaap |
Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
|
3060661000 | USD |
CY2013Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
11113000 | USD |
CY2014Q1 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
4600000 | USD |
CY2013Q1 | us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
7100000 | USD |
CY2014Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
70272636 | shares |
CY2014Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | |
CY2014Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2013Q1 | mpo |
Depletion Costs Per Barrel Of Oil Equivalents Boe
DepletionCostsPerBarrelOfOilEquivalentsBOE
|
28.51 | |
CY2014Q1 | mpo |
Depletion Costs Per Barrel Of Oil Equivalents Boe
DepletionCostsPerBarrelOfOilEquivalentsBOE
|
25.37 | |
CY2013Q4 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
|
243599000 | USD |
CY2014Q1 | us-gaap |
Commodity Contract Asset Noncurrent
CommodityContractAssetNoncurrent
|
827000 | USD |
CY2014Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
24799000 | USD |
CY2014Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
268063000 | USD |
CY2014Q1 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
37147000 | USD |
CY2014Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | item |
CY2014Q1 | us-gaap |
Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
|
3017064000 | USD |
CY2014Q1 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
|
185635000 | USD |
CY2014Q1 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
11782000 | USD |
CY2014Q1 | mpo |
Accumulated Depreciation Depletion Amortization And Impairment Property Plant And Equipment
AccumulatedDepreciationDepletionAmortizationAndImpairmentPropertyPlantAndEquipment
|
1130248000 | USD |
CY2014Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2084233000 | USD |
CY2014Q1 | us-gaap |
Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
|
66204000 | USD |
CY2013Q1 | us-gaap |
Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
|
41589000 | USD |
CY2014Q1 | mpo |
Accrued Lease Operating And Workover Expenses
AccruedLeaseOperatingAndWorkoverExpenses
|
7000000 | USD |
CY2014Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
105250000 | USD |
CY2014Q1 | mpo |
Joint Interest Billing Receivable Current
JointInterestBillingReceivableCurrent
|
58664000 | USD |
CY2014Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
4378000 | USD |
CY2014Q1 | us-gaap |
Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
|
3202699000 | USD |
CY2014Q1 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
497000 | USD |
CY2014Q1 | mpo |
Accrued Oil And Gas Capital Expenditures Current
AccruedOilAndGasCapitalExpendituresCurrent
|
114200000 | USD |
CY2013Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
21300000 | USD |
CY2014Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
53700000 | USD |
CY2014Q1 | us-gaap |
Accrued Royalties Current
AccruedRoyaltiesCurrent
|
67500000 | USD |
CY2014Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
7800000 | USD |
CY2014Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
17900000 | USD |
CY2013Q4 | mpo |
Accrued Oil And Gas Capital Expenditures Current
AccruedOilAndGasCapitalExpendituresCurrent
|
87200000 | USD |
CY2013Q4 | us-gaap |
Accrued Royalties Current
AccruedRoyaltiesCurrent
|
64400000 | USD |
CY2014Q1 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
42800000 | USD |
CY2014Q1 | mpo |
Field Inventory Noncurrent
FieldInventoryNoncurrent
|
10000000 | USD |
CY2014Q1 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
200000 | USD |
CY2013Q4 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
44700000 | USD |
CY2013Q4 | mpo |
Field Inventory Noncurrent
FieldInventoryNoncurrent
|
9700000 | USD |
CY2013Q4 | us-gaap |
Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
|
200000 | USD |
CY2013Q4 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
26308000 | USD |
CY2014Q1 | us-gaap |
Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
|
27184000 | USD |
CY2014Q1 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
2355000 | USD |
CY2013Q4 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
4400000 | USD |
CY2013Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
18800000 | USD |
CY2013Q4 | mpo |
Accrued Lease Operating And Workover Expenses
AccruedLeaseOperatingAndWorkoverExpenses
|
8300000 | USD |
CY2014Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1701150000 | USD |
CY2013Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
3651000 | USD |
CY2013Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2014Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
2491000 | USD |
CY2014Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
705000 | USD |
CY2014Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
1313000 | USD |
CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1541000 | USD |
CY2013Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1244000 | USD |
CY2014Q1 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
500000 | USD |
CY2013Q1 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
200000 | USD |
CY2014Q1 | mpo |
Provision For Federal Or State Income Tax Prior To Company Reorganization
ProvisionForFederalOrStateIncomeTaxPriorToCompanyReorganization
|
0 | USD |
CY2014Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.026 | pure |
CY2014Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | pure |
CY2014Q1 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | USD |
CY2014Q1 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
75400000 | USD |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-83645000 | USD |
CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7949000 | USD |
CY2014Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
873096000 | USD |
CY2014Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2620000 | USD |
CY2013Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
4117000 | USD |
CY2014Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-86265000 | USD |
CY2014Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
2065000 | USD |
CY2013Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-12066000 | USD |
CY2014Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
70341865 | shares |
CY2014Q1 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
|
33234618 | shares |
CY2014Q1 | us-gaap |
Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
|
649000 | USD |
CY2013Q1 | us-gaap |
Gain Loss On Sale Of Commodity Contracts
GainLossOnSaleOfCommodityContracts
|
5004000 | USD |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
33163000 | USD |
CY2013Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
102483000 | USD |
CY2013Q4 | mpo |
Joint Interest Billing Receivable Current
JointInterestBillingReceivableCurrent
|
42631000 | USD |
CY2013Q4 | us-gaap |
Commodity Contract Asset Current
CommodityContractAssetCurrent
|
700000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
|
11837000 | USD |
CY2013Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
693000 | USD |
CY2013Q4 | us-gaap |
Assets Current
AssetsCurrent
|
192597000 | USD |
CY2013Q4 | mpo |
Accumulated Depreciation Depletion Amortization And Impairment Property Plant And Equipment
AccumulatedDepreciationDepletionAmortizationAndImpairmentPropertyPlantAndEquipment
|
976880000 | USD |
CY2013Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2094894000 | USD |
CY2013Q4 | us-gaap |
Commodity Contract Asset Noncurrent
CommodityContractAssetNoncurrent
|
19000 | USD |
CY2013Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
54597000 | USD |
CY2013Q4 | us-gaap |
Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment
AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment
|
54616000 | USD |
CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2342107000 | USD |
CY2014Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
257770000 | USD |
CY2014Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2330012000 | USD |
CY2014Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q1 | us-gaap |
Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
|
7869000 | USD |
CY2014Q1 | us-gaap |
Assets Current
AssetsCurrent
|
191959000 | USD |
CY2013Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
339999000 | USD |
CY2013Q4 | us-gaap |
Assets
Assets
|
2342107000 | USD |
CY2013Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
664000 | USD |
CY2013Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
871047000 | USD |
CY2013Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-531076000 | USD |
CY2014Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
52993000 | USD |
CY2014Q1 | us-gaap |
Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment
AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment
|
53820000 | USD |
CY2014Q1 | us-gaap |
Assets
Assets
|
2330012000 | USD |
CY2013Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
21493000 | USD |
CY2013Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
204381000 | USD |
CY2013Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
27880000 | USD |
CY2013Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
253754000 | USD |
CY2014Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
330009000 | USD |
CY2013Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
1701150000 | USD |
CY2013Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
15291000 | USD |
CY2013Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1954000 | USD |
CY2013Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
1748354000 | USD |
CY2014Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
9053000 | USD |
CY2014Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
1742233000 | USD |
CY2014Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2013Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2014Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2013Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
689000 | USD |
CY2013Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2013Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2014Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
68925745 | shares |
CY2014Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
70595724 | shares |
CY2013Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
68807043 | shares |
CY2014Q1 | mpo |
Oil Sales Revenue
OilSalesRevenue
|
116222000 | USD |
CY2013Q1 | mpo |
Oil Sales Revenue
OilSalesRevenue
|
72218000 | USD |
CY2014Q1 | us-gaap |
Natural Gas Midstream Revenue
NaturalGasMidstreamRevenue
|
25519000 | USD |
CY2013Q1 | us-gaap |
Natural Gas Midstream Revenue
NaturalGasMidstreamRevenue
|
9719000 | USD |
CY2014Q1 | us-gaap |
Natural Gas Production Revenue
NaturalGasProductionRevenue
|
25385000 | USD |
CY2013Q1 | us-gaap |
Natural Gas Production Revenue
NaturalGasProductionRevenue
|
8795000 | USD |
CY2014Q1 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
-22673000 | USD |
CY2013Q1 | us-gaap |
Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
|
-20124000 | USD |
CY2014Q1 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
209000 | USD |
CY2013Q1 | us-gaap |
Other Sales Revenue Net
OtherSalesRevenueNet
|
414000 | USD |
CY2014Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
144662000 | USD |
CY2013Q1 | us-gaap |
Sales Revenue Net
SalesRevenueNet
|
71022000 | USD |
CY2014Q1 | mpo |
Lease Operating Expense And Well Service Expense
LeaseOperatingExpenseAndWellServiceExpense
|
20127000 | USD |
CY2013Q1 | mpo |
Lease Operating Expense And Well Service Expense
LeaseOperatingExpenseAndWellServiceExpense
|
13871000 | USD |
CY2014Q1 | us-gaap |
Gas Gathering Transportation Marketing And Processing Costs
GasGatheringTransportationMarketingAndProcessingCosts
|
2855000 | USD |
CY2014Q1 | mpo |
Severance And Other Taxes
SeveranceAndOtherTaxes
|
7647000 | USD |
CY2013Q1 | mpo |
Severance And Other Taxes
SeveranceAndOtherTaxes
|
5955000 | USD |
CY2013Q1 | us-gaap |
Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
|
254000 | USD |
CY2014Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
66901000 | USD |
CY2013Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
41976000 | USD |
CY2014Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
11684000 | USD |
CY2013Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
11026000 | USD |
CY2014Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
196640000 | USD |
CY2013Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
73082000 | USD |
CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-51978000 | USD |
CY2013Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2060000 | USD |
CY2014Q1 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
128000 | USD |
CY2014Q1 | us-gaap |
Other Expenses
OtherExpenses
|
330000 | USD |
CY2014Q1 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
86471000 | USD |
CY2014Q1 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
10000 | USD |
CY2013Q1 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
5000 | USD |
CY2014Q1 | us-gaap |
Interest Expense
InterestExpense
|
33947000 | USD |
CY2013Q1 | us-gaap |
Interest Expense
InterestExpense
|
10867000 | USD |
CY2014Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-33937000 | USD |
CY2013Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-10862000 | USD |
CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-85915000 | USD |
CY2013Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-12922000 | USD |
CY2014Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-2270000 | USD |
CY2013Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-4973000 | USD |
CY2014Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.31 | |
CY2013Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.18 | |
CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
65987000 | shares |
CY2013Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
65634000 | shares |
CY2014Q1 | us-gaap |
Gain Loss On Sale Of Commodity Contracts
GainLossOnSaleOfCommodityContracts
|
14810000 | USD |
CY2014Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-2270000 | USD |
CY2013Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-4973000 | USD |
CY2014Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2386000 | USD |
CY2013Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
984000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2767000 | USD |
CY2013Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
9002000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
16093000 | USD |
CY2013Q1 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
2796000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
3972000 | USD |
CY2013Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
536000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2813000 | USD |
CY2013Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-925000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
37170000 | USD |
CY2013Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
28847000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
-537000 | USD |
CY2013Q1 | us-gaap |
Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
|
41000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
97432000 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
62203000 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
|
114803000 | USD |
CY2013Q1 | us-gaap |
Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
|
132538000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-114803000 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-132538000 | USD |
CY2013Q1 | us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
102450000 | USD |
CY2014Q1 | us-gaap |
Payments Of Loan Costs
PaymentsOfLoanCosts
|
495000 | USD |
CY2013Q1 | us-gaap |
Payments Of Loan Costs
PaymentsOfLoanCosts
|
368000 | USD |
CY2014Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
649000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-1144000 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
102082000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-18515000 | USD |
CY2013Q1 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
31747000 | USD |
CY2014Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
134000000 | USD |
CY2013Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
82562000 | USD |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
14648000 | USD |
CY2013Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
50625000 | USD |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
18878000 | USD |
CY2013Q4 | us-gaap |
Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
|
2817062000 | USD |
CY2014Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-614721000 | USD |
CY2014Q1 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
1150000 | USD |
CY2013Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
1090000 | USD |
CY2014Q1 | us-gaap |
Contractual Obligation
ContractualObligation
|
30125000 | USD |
CY2014Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
500000 | USD |
CY2013Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
400000 | USD |
CY2014Q1 | us-gaap |
Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
ContractualObligationFutureMinimumPaymentsDueRemainderOfFiscalYear
|
20434000 | USD |
CY2014Q1 | us-gaap |
Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
|
1877000 | USD |
CY2014Q1 | mpo |
Contractual Obligation Due After Third Year
ContractualObligationDueAfterThirdYear
|
5588000 | USD |
CY2014Q1 | us-gaap |
Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
|
2226000 | USD |
CY2014Q1 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
29700000 | USD |