2017 Q1 Form 10-Q Financial Statement
#000152000617000141 Filed on May 05, 2017
Income Statement
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
Revenue | $134.8M | $44.62M |
YoY Change | 202.12% | -38.38% |
Cost Of Revenue | $29.90M | $23.40M |
YoY Change | 27.78% | 16.42% |
Gross Profit | $104.9M | $21.20M |
YoY Change | 394.81% | -59.46% |
Gross Profit Margin | 77.81% | 47.51% |
Selling, General & Admin | $16.30M | $13.20M |
YoY Change | 23.48% | -1.49% |
% of Gross Profit | 15.54% | 62.26% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $33.99M | $28.92M |
YoY Change | 17.53% | -37.76% |
% of Gross Profit | 32.4% | 136.43% |
Operating Expenses | $50.60M | $42.40M |
YoY Change | 19.34% | -29.33% |
Operating Profit | $54.28M | -$101.6M |
YoY Change | -153.41% | 35.86% |
Interest Expense | $8.455M | $7.197M |
YoY Change | 17.48% | 247.68% |
% of Operating Profit | 15.58% | |
Other Income/Expense, Net | -$8.378M | -$6.038M |
YoY Change | 38.75% | 238.64% |
Pretax Income | $45.90M | -$107.7M |
YoY Change | -142.63% | 40.58% |
Income Tax | $0.00 | $0.00 |
% Of Pretax Income | 0.0% | |
Net Earnings | $43.98M | -$107.7M |
YoY Change | -140.86% | 114.31% |
Net Earnings / Revenue | 32.63% | -241.25% |
Basic Earnings Per Share | $0.44 | -$1.26 |
Diluted Earnings Per Share | $0.44 | -$1.26 |
COMMON SHARES | ||
Basic Shares Outstanding | 99.80M shares | 85.31M shares |
Diluted Shares Outstanding | 100.3M shares | 85.31M shares |
Balance Sheet
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $209.7M | $118.3M |
YoY Change | 77.26% | 1839.34% |
Cash & Equivalents | $209.7M | $118.3M |
Short-Term Investments | ||
Other Short-Term Assets | $310.0M | $15.80M |
YoY Change | 1861.87% | -69.02% |
Inventory | $2.900M | $1.900M |
Prepaid Expenses | $3.250M | |
Receivables | $40.42M | $14.75M |
Other Receivables | $7.077M | $5.548M |
Total Short-Term Assets | $310.0M | $173.1M |
YoY Change | 79.09% | 64.54% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $1.373B | $989.7M |
YoY Change | 38.76% | -37.42% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $919.0K | $1.351M |
YoY Change | -31.98% | 92.18% |
Total Long-Term Assets | $1.376B | $991.1M |
YoY Change | 38.88% | -37.36% |
TOTAL ASSETS | ||
Total Short-Term Assets | $310.0M | $173.1M |
Total Long-Term Assets | $1.376B | $991.1M |
Total Assets | $1.686B | $1.164B |
YoY Change | 44.86% | -31.01% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $5.266M | $5.930M |
YoY Change | -11.2% | -90.35% |
Accrued Expenses | $111.5M | $84.50M |
YoY Change | 31.95% | -34.42% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | -100.0% | |
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $167.3M | $119.4M |
YoY Change | 40.13% | -48.58% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $574.0M | $391.6M |
YoY Change | 46.58% | -4.49% |
Other Long-Term Liabilities | $7.282M | $4.065M |
YoY Change | 79.14% | 65.85% |
Total Long-Term Liabilities | $603.6M | $519.6M |
YoY Change | 16.16% | -2.4% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $167.3M | $119.4M |
Total Long-Term Liabilities | $603.6M | $519.6M |
Total Liabilities | $770.9M | $639.0M |
YoY Change | 20.64% | -16.43% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$592.4M | -$646.6M |
YoY Change | -8.39% | -813.5% |
Common Stock | $1.002M | $933.0K |
YoY Change | 7.4% | 21.33% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $633.0K | |
YoY Change | ||
Treasury Stock Shares | 68.04K shares | |
Shareholders Equity | $852.3M | $524.2M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.686B | $1.164B |
YoY Change | 44.86% | -31.01% |
Cashflow Statement
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $43.98M | -$107.7M |
YoY Change | -140.86% | 114.31% |
Depreciation, Depletion And Amortization | $33.99M | $28.92M |
YoY Change | 17.53% | -37.76% |
Cash From Operating Activities | $61.31M | $18.36M |
YoY Change | 233.96% | -80.33% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$225.3M | -$101.8M |
YoY Change | 121.32% | -28.16% |
Acquisitions | $0.00 | |
YoY Change | -100.0% | |
Other Investing Activities | $400.0K | $43.80M |
YoY Change | -99.09% | -279.51% |
Cash From Investing Activities | -$225.0M | -$57.93M |
YoY Change | 288.34% | -65.12% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $0.00 | $142.4M |
YoY Change | -100.0% | |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $173.8M | $141.2M |
YoY Change | 23.14% | 100.53% |
NET CHANGE | ||
Cash From Operating Activities | $61.31M | $18.36M |
Cash From Investing Activities | -$225.0M | -$57.93M |
Cash From Financing Activities | $173.8M | $141.2M |
Net Change In Cash | $10.17M | $101.6M |
YoY Change | -89.99% | -4430.65% |
FREE CASH FLOW | ||
Cash From Operating Activities | $61.31M | $18.36M |
Capital Expenditures | -$225.3M | -$101.8M |
Free Cash Flow | $286.6M | $120.2M |
YoY Change | 138.53% | -48.88% |
Facts In Submission
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GainLossOnSaleOfDerivatives
|
-2219000 | USD |
CY2016Q1 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
1065000 | USD |
CY2017Q1 | us-gaap |
Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
|
7000 | USD |
CY2016Q1 | us-gaap |
Gas Gathering Transportation Marketing And Processing Costs
GasGatheringTransportationMarketingAndProcessingCosts
|
900000 | USD |
CY2017Q1 | us-gaap |
Gas Gathering Transportation Marketing And Processing Costs
GasGatheringTransportationMarketingAndProcessingCosts
|
500000 | USD |
CY2016Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
13163000 | USD |
CY2017Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
16338000 | USD |
CY2016Q1 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
80462000 | USD |
CY2016Q1 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
80500000 | USD |
CY2017Q1 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
0 | USD |
CY2017Q1 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
0 | USD |
CY2016Q1 | us-gaap |
Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
|
-13000 | USD |
CY2017Q1 | us-gaap |
Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
|
1916000 | USD |
CY2016Q1 | us-gaap |
Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
|
0 | USD |
CY2017Q1 | us-gaap |
Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
|
0 | USD |
CY2016Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2017Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-7307000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
16777000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-2463000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
0 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-150000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-147000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
2591000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
8256000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
|
1875000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
|
-108000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-97000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-39000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
47000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
2251000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-43337000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
0 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
|
-3975000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
|
6984000 | USD |
CY2016Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
400000 | USD |
CY2017Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
1200000 | USD |
CY2016Q1 | us-gaap |
Interest Expense
InterestExpense
|
7197000 | USD |
CY2017Q1 | us-gaap |
Interest Expense
InterestExpense
|
8455000 | USD |
CY2016Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
0 | USD |
CY2017Q1 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
0 | USD |
CY2016Q1 | us-gaap |
Lease Operating Expense
LeaseOperatingExpense
|
14511000 | USD |
CY2017Q1 | us-gaap |
Lease Operating Expense
LeaseOperatingExpense
|
15758000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1464665000 | USD |
CY2017Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1686393000 | USD |
CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
169505000 | USD |
CY2017Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
167305000 | USD |
CY2016Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
603715000 | USD |
CY2017Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
603592000 | USD |
CY2016Q4 | us-gaap |
Minority Interest
MinorityInterest
|
1320000 | USD |
CY2017Q1 | us-gaap |
Minority Interest
MinorityInterest
|
63231000 | USD |
CY2017Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
2653000 | USD |
CY2016Q1 | us-gaap |
Natural Gas Midstream Costs
NaturalGasMidstreamCosts
|
1027000 | USD |
CY2017Q1 | us-gaap |
Natural Gas Midstream Costs
NaturalGasMidstreamCosts
|
2341000 | USD |
CY2016Q1 | us-gaap |
Natural Gas Midstream Revenue
NaturalGasMidstreamRevenue
|
473000 | USD |
CY2017Q1 | us-gaap |
Natural Gas Midstream Revenue
NaturalGasMidstreamRevenue
|
1555000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
141171000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
173832000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-57932000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-238320000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
18358000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
61309000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-107654000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
43984000 | USD |
CY2017Q1 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
4900000 | USD |
CY2016Q4 | us-gaap |
Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
|
19347000 | USD |
CY2017Q1 | us-gaap |
Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
|
27945000 | USD |
CY2016Q4 | us-gaap |
Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
|
2408305000 | USD |
CY2017Q1 | us-gaap |
Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
|
2531559000 | USD |
CY2016Q1 | us-gaap |
Oil And Gas Sales Revenue
OilAndGasSalesRevenue
|
43926000 | USD |
CY2017Q1 | us-gaap |
Oil And Gas Sales Revenue
OilAndGasSalesRevenue
|
114847000 | USD |
CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-101629000 | USD |
CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
54278000 | USD |
CY2016Q4 | us-gaap |
Other Assets
OtherAssets
|
958000 | USD |
CY2017Q1 | us-gaap |
Other Assets
OtherAssets
|
3202000 | USD |
CY2016Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
279182000 | USD |
CY2017Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
309976000 | USD |
CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
958000 | USD |
CY2017Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
919000 | USD |
CY2016Q4 | us-gaap |
Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
|
3045000 | USD |
CY2017Q1 | us-gaap |
Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
|
2929000 | USD |
CY2016Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
578000 | USD |
CY2017Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
621000 | USD |
CY2016Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
7544000 | USD |
CY2017Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
7282000 | USD |
CY2016Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-6038000 | USD |
CY2017Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-8378000 | USD |
CY2016Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
5167000 | USD |
CY2017Q1 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
7077000 | USD |
CY2016Q4 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
169505000 | USD |
CY2017Q1 | us-gaap |
Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
|
167305000 | USD |
CY2016Q4 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
29791000 | USD |
CY2017Q1 | us-gaap |
Other Sundry Liabilities Noncurrent
OtherSundryLiabilitiesNoncurrent
|
29624000 | USD |
CY2016Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
614000 | USD |
CY2017Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD |
CY2016Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
565000 | USD |
CY2017Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
1896000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
27409000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
20867000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
87119000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
222717000 | USD |
CY2016Q1 | us-gaap |
Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
|
74370000 | USD |
CY2017Q1 | us-gaap |
Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
|
204457000 | USD |
CY2016Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
3327000 | USD |
CY2017Q1 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
5578000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
|
0 | USD |
CY2017Q1 | us-gaap |
Proceeds From Divestiture Of Interest In Joint Venture
ProceedsFromDivestitureOfInterestInJointVenture
|
171500000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
142350000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
CY2016Q1 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
0 | USD |
CY2017Q1 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
4900000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
0 | USD |
CY2017Q1 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
-2653000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
|
0 | USD |
CY2017Q1 | us-gaap |
Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
|
350000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
0 | USD |
CY2017Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1981000 | USD |
CY2016Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-107667000 | USD |
CY2017Q1 | us-gaap |
Profit Loss
ProfitLoss
|
45900000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1184525000 | USD |
CY2017Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1373215000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
160795000 | USD |
CY2017Q1 | us-gaap |
Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
|
175139000 | USD |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
1258000 | USD |
CY2017Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
14604000 | USD |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-636351000 | USD |
CY2017Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-592367000 | USD |
CY2016Q1 | us-gaap |
Revenues
Revenues
|
44623000 | USD |
CY2017Q1 | us-gaap |
Revenues
Revenues
|
134814000 | USD |
CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2243000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4166000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
444491 | shares |
CY2017Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
590128 | shares |
CY2017Q1 | us-gaap |
Share Price
SharePrice
|
27.26 | |
CY2017Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
0 | USD |
CY2017Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
0 | USD |
CY2017Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
|
633000 | USD |
CY2017Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
719000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
690125000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
852265000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
691445000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
915496000 | USD |
CY2016Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
6833 | shares |
CY2017Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
68040 | shares |
CY2016Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
0 | USD |
CY2017Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
633000 | USD |
CY2016Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
-6839000 | USD |
CY2017Q1 | us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
20631000 | USD |
CY2016Q4 | us-gaap |
Unsecured Long Term Debt
UnsecuredLongTermDebt
|
573924000 | USD |
CY2017Q1 | us-gaap |
Unsecured Long Term Debt
UnsecuredLongTermDebt
|
573968000 | USD |
CY2016Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
499000 | shares |
CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
85305000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
100298000 | shares |
CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
85305000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
99799000 | shares |
CY2017Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">NATURE OF OPERATIONS</font></div><div style="line-height:120%;padding-top:8px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Matador Resources Company, a Texas corporation (“Matador” and, collectively with its subsidiaries, the “Company”), is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. The Company’s current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. The Company also operates in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana and East Texas. Additionally, the Company conducts midstream operations, primarily through its midstream joint venture, San Mateo Midstream, LLC (“San Mateo” or the “Joint Venture”), in support of the Company’s exploration, development and production operations and provides natural gas processing, natural gas, oil and salt water gathering services and salt water disposal services to third parties on a limited basis.</font></div></div> | |
CY2017Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Reclassifications</font></div><div style="line-height:120%;padding-top:8px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made to the prior periods’ financial statements to conform to the current period presentation.</font></div></div> |