2019 Q3 Form 10-Q Financial Statement

#000165856619000125 Filed on November 04, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q4 2018 Q3
Revenue $229.1M $222.5M $234.9M
YoY Change -2.45% 33.96% 110.45%
Cost Of Revenue $54.50M $37.90M $38.10M
YoY Change 43.04% 63.36% 114.04%
Gross Profit $174.6M $184.6M $196.8M
YoY Change -11.28% 29.18% 109.81%
Gross Profit Margin 76.2% 82.97% 83.79%
Selling, General & Admin $20.80M $19.10M $17.00M
YoY Change 22.35% 37.41% 27.82%
% of Gross Profit 11.91% 10.35% 8.64%
Research & Development $2.100M $1.400M $2.300M
YoY Change -8.7% -86.41% 43.75%
% of Gross Profit 1.2% 0.76% 1.17%
Depreciation & Amortization $112.7M $102.1M $83.40M
YoY Change 35.13% 73.64% 97.16%
% of Gross Profit 64.55% 55.31% 42.38%
Operating Expenses $217.8M $135.1M $165.5M
YoY Change 31.57% 42.81% 94.57%
Operating Profit $11.34M $49.50M $69.42M
YoY Change -83.66% 2.48% 161.51%
Interest Expense $15.25M -$7.900M $6.534M
YoY Change 133.33% 102.56% 543.74%
% of Operating Profit 134.42% -15.96% 9.41%
Other Income/Expense, Net -$13.66M $0.00 -$16.09M
YoY Change -15.1% 684.21%
Pretax Income -$2.320M $41.50M $53.33M
YoY Change -104.35% -9.78% 117.72%
Income Tax $1.393M $8.700M $11.65M
% Of Pretax Income 20.96% 21.85%
Net Earnings -$3.713M $31.00M $41.67M
YoY Change -108.91% 1.64% 156.3%
Net Earnings / Revenue -1.62% 13.93% 17.74%
Basic Earnings Per Share -$0.01 $0.15
Diluted Earnings Per Share -$0.01 $115.9K $0.15
COMMON SHARES
Basic Shares Outstanding 266.2M shares 264.0M shares
Diluted Shares Outstanding 266.2M shares 279.9M shares

Balance Sheet

Concept 2019 Q3 2018 Q4 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.90M $18.20M $58.90M
YoY Change -81.49% -84.48% 2165.38%
Cash & Equivalents $10.93M $18.16M $58.92M
Short-Term Investments
Other Short-Term Assets $8.900M $11.40M $18.20M
YoY Change -51.1% 75.38% 180.0%
Inventory
Prepaid Expenses
Receivables $71.73M $67.00M $88.20M
Other Receivables $4.100M $1.900M $600.0K
Total Short-Term Assets $161.2M $130.2M $165.9M
YoY Change -2.84% -35.74% 179.86%
LONG-TERM ASSETS
Property, Plant & Equipment $14.80M $8.837M $7.828M
YoY Change 89.05% 61.7% 100.87%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $42.94M $42.55M $35.04M
YoY Change 22.56% 57.12% 225.43%
Total Long-Term Assets $4.485B $4.130B $3.851B
YoY Change 16.45% 20.97% 19.78%
TOTAL ASSETS
Total Short-Term Assets $161.2M $130.2M $165.9M
Total Long-Term Assets $4.485B $4.130B $3.851B
Total Assets $4.646B $4.260B $4.017B
YoY Change 15.65% 17.79% 22.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $33.46M $55.98M $27.25M
YoY Change 22.76% -12.53% -22.43%
Accrued Expenses $163.4M $121.2M $135.4M
YoY Change 20.68% 8.12% 88.58%
Deferred Revenue $85.28M $63.40M $48.00M
YoY Change 77.67% 171.05%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $287.5M $247.7M $211.3M
YoY Change 36.08% 24.0% 54.27%
LONG-TERM LIABILITIES
Long-Term Debt $1.002B $691.6M $531.4M
YoY Change 88.54% 76.97% 222.06%
Other Long-Term Liabilities $0.00 $744.0K $540.0K
YoY Change -100.0% -94.19%
Total Long-Term Liabilities $0.00 $744.0K $540.0K
YoY Change -100.0% -99.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $287.5M $247.7M $211.3M
Total Long-Term Liabilities $0.00 $744.0K $540.0K
Total Liabilities $1.392B $1.016B $812.2M
YoY Change 71.43% 65.88% 147.18%
SHAREHOLDERS EQUITY
Retained Earnings $272.7M $266.5M $235.6M
YoY Change 15.78% 299.97% 552.46%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.240B $3.100B $3.063B
YoY Change
Total Liabilities & Shareholders Equity $4.646B $4.260B $4.017B
YoY Change 15.65% 17.79% 22.68%

Cashflow Statement

Concept 2019 Q3 2018 Q4 2018 Q3
OPERATING ACTIVITIES
Net Income -$3.713M $31.00M $41.67M
YoY Change -108.91% 1.64% 156.3%
Depreciation, Depletion And Amortization $112.7M $102.1M $83.40M
YoY Change 35.13% 73.64% 97.16%
Cash From Operating Activities $104.7M $175.3M $170.8M
YoY Change -38.7% 42.87% 287.3%
INVESTING ACTIVITIES
Capital Expenditures -$211.0M -$276.8M -$255.2M
YoY Change -17.32% 29.77% 62.34%
Acquisitions
YoY Change
Other Investing Activities -$28.70M -$96.90M -$6.400M
YoY Change 348.44% 694.26% -54.93%
Cash From Investing Activities -$239.6M -$373.7M -$261.6M
YoY Change -8.41% 65.72% 52.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 119.5M 158.7M 109.2M
YoY Change 9.43% -29.81% -16.0%
NET CHANGE
Cash From Operating Activities 104.7M 175.3M 170.8M
Cash From Investing Activities -239.6M -373.7M -261.6M
Cash From Financing Activities 119.5M 158.7M 109.2M
Net Change In Cash -15.40M -39.70M 18.40M
YoY Change -183.7% -132.2% 607.69%
FREE CASH FLOW
Cash From Operating Activities $104.7M $175.3M $170.8M
Capital Expenditures -$211.0M -$276.8M -$255.2M
Free Cash Flow $315.7M $452.1M $426.0M
YoY Change -25.89% 34.55% 111.62%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
dei Entity Central Index Key
EntityCentralIndexKey
0001658566
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
620000000 shares
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
620000000 shares
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2019Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 USD
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-37697
dei Entity Registrant Name
EntityRegistrantName
CENTENNIAL RESOURCE DEVELOPMENT, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
47-5381253
dei Entity Address Address Line1
EntityAddressAddressLine1
1001 Seventeenth Street,
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 1800,
dei Entity Address City Or Town
EntityAddressCityOrTown
Denver,
dei Entity Address State Or Province
EntityAddressStateOrProvince
CO
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
80202
dei City Area Code
CityAreaCode
720
dei Local Phone Number
LocalPhoneNumber
499-1400
dei Security12b Title
Security12bTitle
Class A Common Stock, par value $0.0001 per share
dei Trading Symbol
TradingSymbol
CDEV
dei Security Exchange Name
SecurityExchangeName
NASDAQ
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10933000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18157000 USD
CY2019Q3 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
141312000 USD
CY2018Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
100623000 USD
CY2019Q3 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
0 USD
CY2018Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
1632000 USD
CY2019Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
8931000 USD
CY2018Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
9777000 USD
CY2019Q3 us-gaap Assets Current
AssetsCurrent
161176000 USD
CY2018Q4 us-gaap Assets Current
AssetsCurrent
130189000 USD
CY2019Q3 us-gaap Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
1515458000 USD
CY2018Q4 us-gaap Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
1680065000 USD
CY2019Q3 us-gaap Proved Oil And Gas Property Successful Effort Method
ProvedOilAndGasPropertySuccessfulEffortMethod
3704555000 USD
CY2018Q4 us-gaap Proved Oil And Gas Property Successful Effort Method
ProvedOilAndGasPropertySuccessfulEffortMethod
2895280000 USD
CY2019Q3 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
809979000 USD
CY2018Q4 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
496900000 USD
CY2019Q3 us-gaap Oil And Gas Property Successful Effort Method Net
OilAndGasPropertySuccessfulEffortMethodNet
4410034000 USD
CY2018Q4 us-gaap Oil And Gas Property Successful Effort Method Net
OilAndGasPropertySuccessfulEffortMethodNet
4078445000 USD
CY2019Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14799000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
8837000 USD
CY2019Q3 cdev Property Plantand Equipmentand Oiland Gas Property Successful Efforts Method Net
PropertyPlantandEquipmentandOilandGasPropertySuccessfulEffortsMethodNet
4424833000 USD
CY2018Q4 cdev Property Plantand Equipmentand Oiland Gas Property Successful Efforts Method Net
PropertyPlantandEquipmentandOilandGasPropertySuccessfulEffortsMethodNet
4087282000 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
17182000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2019Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
42940000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
42550000 USD
CY2019Q3 us-gaap Assets
Assets
4646131000 USD
CY2018Q4 us-gaap Assets
Assets
4260021000 USD
CY2019Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
267962000 USD
CY2018Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
240575000 USD
CY2019Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
4433000 USD
CY2018Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
6051000 USD
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14151000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 USD
CY2019Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
942000 USD
CY2018Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1090000 USD
CY2019Q3 us-gaap Liabilities Current
LiabilitiesCurrent
287488000 USD
CY2018Q4 us-gaap Liabilities Current
LiabilitiesCurrent
247716000 USD
CY2019Q3 us-gaap Long Term Debt
LongTermDebt
1001867000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
691630000 USD
CY2019Q3 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
14629000 USD
CY2018Q4 us-gaap Asset Retirement Obligations Noncurrent
AssetRetirementObligationsNoncurrent
13895000 USD
CY2019Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
84471000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
62167000 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3862000 USD
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 USD
CY2019Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
0 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
744000 USD
CY2019Q3 us-gaap Liabilities
Liabilities
1392317000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
1016152000 USD
CY2019Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2967149000 USD
CY2018Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2833611000 USD
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
272718000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
266538000 USD
CY2019Q3 us-gaap Stockholders Equity
StockholdersEquity
3239895000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
3100177000 USD
CY2019Q3 us-gaap Minority Interest
MinorityInterest
13919000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
143692000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3253814000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3243869000 USD
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4646131000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4260021000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
229130000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
234880000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
687938000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
668541000 USD
CY2019Q3 cdev Oil And Gas Producing Activities Lease Operating Expense
OilAndGasProducingActivitiesLeaseOperatingExpense
42330000 USD
CY2018Q3 cdev Oil And Gas Producing Activities Lease Operating Expense
OilAndGasProducingActivitiesLeaseOperatingExpense
23706000 USD
cdev Oil And Gas Producing Activities Lease Operating Expense
OilAndGasProducingActivitiesLeaseOperatingExpense
107077000 USD
cdev Oil And Gas Producing Activities Lease Operating Expense
OilAndGasProducingActivitiesLeaseOperatingExpense
59164000 USD
CY2019Q3 us-gaap Production Tax Expense
ProductionTaxExpense
12213000 USD
CY2018Q3 us-gaap Production Tax Expense
ProductionTaxExpense
14410000 USD
us-gaap Production Tax Expense
ProductionTaxExpense
45519000 USD
us-gaap Production Tax Expense
ProductionTaxExpense
42791000 USD
CY2019Q3 cdev Oil And Gas Producing Activities Transportation Costs
OilAndGasProducingActivitiesTransportationCosts
20853000 USD
CY2018Q3 cdev Oil And Gas Producing Activities Transportation Costs
OilAndGasProducingActivitiesTransportationCosts
16090000 USD
cdev Oil And Gas Producing Activities Transportation Costs
OilAndGasProducingActivitiesTransportationCosts
52120000 USD
cdev Oil And Gas Producing Activities Transportation Costs
OilAndGasProducingActivitiesTransportationCosts
45214000 USD
CY2019Q3 cdev Depreciation Depletion Amortization And Asset Retirement Obligation Accretion Expense
DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense
112720000 USD
CY2018Q3 cdev Depreciation Depletion Amortization And Asset Retirement Obligation Accretion Expense
DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense
83423000 USD
cdev Depreciation Depletion Amortization And Asset Retirement Obligation Accretion Expense
DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense
321392000 USD
cdev Depreciation Depletion Amortization And Asset Retirement Obligation Accretion Expense
DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense
224379000 USD
CY2019Q3 us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
6745000 USD
CY2018Q3 us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
8612000 USD
us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
42427000 USD
us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
10396000 USD
CY2019Q3 us-gaap Exploration Expense
ExplorationExpense
2869000 USD
CY2018Q3 us-gaap Exploration Expense
ExplorationExpense
2712000 USD
us-gaap Exploration Expense
ExplorationExpense
9246000 USD
us-gaap Exploration Expense
ExplorationExpense
8026000 USD
CY2019Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
20036000 USD
CY2018Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16561000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
56589000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
44667000 USD
CY2019Q3 us-gaap Operating Expenses
OperatingExpenses
217766000 USD
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
165514000 USD
us-gaap Operating Expenses
OperatingExpenses
634370000 USD
us-gaap Operating Expenses
OperatingExpenses
434637000 USD
CY2019Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-22000 USD
CY2018Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
52000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-15000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-74000 USD
CY2019Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
11342000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
69418000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
53553000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
233830000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
15246000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
6534000 USD
us-gaap Interest Expense
InterestExpense
39843000 USD
us-gaap Interest Expense
InterestExpense
18138000 USD
CY2019Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
1522000 USD
CY2018Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-9571000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-2221000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
14969000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
62000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
13000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
321000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4000 USD
CY2019Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-13662000 USD
CY2018Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-16092000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-41743000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3173000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2320000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
53326000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11810000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
230657000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1393000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11652000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5058000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
50729000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
-3713000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
41674000 USD
us-gaap Profit Loss
ProfitLoss
6752000 USD
us-gaap Profit Loss
ProfitLoss
179928000 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-128000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2386000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
572000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
11009000 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3585000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
39288000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6180000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
168919000 USD
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.64
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
us-gaap Profit Loss
ProfitLoss
6752000 USD
us-gaap Profit Loss
ProfitLoss
179928000 USD
cdev Depreciation Depletion Amortization And Asset Retirement Obligation Accretion Expense
DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense
321392000 USD
cdev Depreciation Depletion Amortization And Asset Retirement Obligation Accretion Expense
DepreciationDepletionAmortizationAndAssetRetirementObligationAccretionExpense
224379000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
21351000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
14329000 USD
us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
42427000 USD
us-gaap Exploration Abandonment And Impairment Expense
ExplorationAbandonmentAndImpairmentExpense
10396000 USD
cdev Exploratory And Other Costs
ExploratoryAndOtherCosts
0 USD
cdev Exploratory And Other Costs
ExploratoryAndOtherCosts
395000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
5058000 USD
us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
50729000 USD
us-gaap Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
-15000 USD
us-gaap Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
-74000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-14000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
579000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2070000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1258000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
47771000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
18327000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
995000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
52000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
34562000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
32165000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
295000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
384875000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
525000000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
155000000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
496175000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
7200000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4217000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
847000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16241000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
494695000 USD
us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
73346000 USD
us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
114870000 USD
us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
644945000 USD
us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
723100000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
8207000 USD
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
4409000 USD
us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
28378000 USD
us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
147413000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-698120000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-694966000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
345000000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
911000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1119000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
308064000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
135511000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5181000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-64760000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21422000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
125915000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
61155000 USD
us-gaap Interest Paid Net
InterestPaidNet
27985000 USD
us-gaap Interest Paid Net
InterestPaidNet
15587000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
16808000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
0 USD
us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
13946000 USD
us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
0 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
120238000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
97844000 USD
us-gaap Asset Retirement Obligation Period Increase Decrease
AssetRetirementObligationPeriodIncreaseDecrease
1075000 USD
us-gaap Asset Retirement Obligation Period Increase Decrease
AssetRetirementObligationPeriodIncreaseDecrease
1040000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
35686000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10933000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
58922000 USD
CY2019Q3 us-gaap Restricted Cash
RestrictedCash
5308000 USD
CY2018Q3 us-gaap Restricted Cash
RestrictedCash
2233000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16241000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
61155000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3243869000 USD
CY2019Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
291000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6483000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
-8537000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3241524000 USD
CY2019Q2 us-gaap Restricted Stock Award Forfeitures
RestrictedStockAwardForfeitures
0 USD
CY2019Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
41000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6758000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
19002000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3267243000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
164000 USD
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4333000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
6669000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
70772000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3085718000 USD
CY2018Q2 us-gaap Restricted Stock Award Forfeitures
RestrictedStockAwardForfeitures
0 USD
CY2018Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
65000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
411000 USD
CY2019Q3 us-gaap Restricted Stock Award Forfeitures
RestrictedStockAwardForfeitures
0 USD
CY2019Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
579000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8110000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
-17247000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
-3713000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3253814000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3003972000 USD
CY2018Q1 us-gaap Restricted Stock Award Forfeitures
RestrictedStockAwardForfeitures
0 USD
CY2018Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
192000 USD
CY2018Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
4655000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
67482000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3158201000 USD
CY2018Q3 us-gaap Restricted Stock Award Forfeitures
RestrictedStockAwardForfeitures
0 USD
CY2018Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
862000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
272000 USD
CY2018Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5341000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
580000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
41674000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3205206000 USD
CY2018Q4 cdev Accrued Capital Expenditures
AccruedCapitalExpenditures
75791000 USD
CY2019Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
85275000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
63399000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of the Company’s consolidated financial statements requires the Company’s management to make various assumptions, judgments and estimates to determine the reported amounts of assets, liabilities, revenues and expenses, and the disclosures of commitments and contingencies. Changes in these assumptions, judgments and estimates will occur as a result of the passage of time and the occurrence of future events, and accordingly, actual results could differ from amounts previously established.</span></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The more significant areas requiring the use of assumptions, judgments and estimates include: (i) oil and natural gas reserves; (ii) cash flow estimates used in impairment tests of long-lived assets; (iii) impairment expense of unproved properties; (iv) depreciation, depletion and amortization; (v) asset retirement obligations; (vi) determining fair value and allocating purchase price in connection with business combinations and asset acquisitions; (vii) accrued revenues and related receivables; (viii) accrued liabilities; (ix) valuation of derivatives; and (x) deferred income taxes.</span></div>
CY2019Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
71732000 USD
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
66997000 USD
CY2019Q3 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
65444000 USD
CY2018Q4 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
31658000 USD
CY2019Q3 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
4136000 USD
CY2018Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
1968000 USD
CY2019Q3 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
141312000 USD
CY2018Q4 us-gaap Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
100623000 USD
CY2019Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
33455000 USD
CY2018Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
55984000 USD
CY2019Q3 cdev Accrued Capital Expenditures
AccruedCapitalExpenditures
94952000 USD
CY2019Q3 us-gaap Interest Payable Current
InterestPayableCurrent
24162000 USD
CY2018Q4 us-gaap Interest Payable Current
InterestPayableCurrent
11129000 USD
CY2019Q3 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
9699000 USD
CY2018Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
9757000 USD
CY2019Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
20419000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
24515000 USD
CY2019Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
267962000 USD
CY2018Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
240575000 USD
CY2019Q3 us-gaap Long Term Debt
LongTermDebt
1001867000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
691630000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
13895000 USD
cdev Asset Retirement Obligation Liabilities Acquired
AssetRetirementObligationLiabilitiesAcquired
101000 USD
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
1075000 USD
us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
1112000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
670000 USD
CY2019Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
14629000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8110000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5341000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21351000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
14329000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4559334 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.55
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
326000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
9.56
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
65336 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
16.90
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
15998 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
17.88
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4804000 shares
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.07
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y6M
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 USD
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
2654623 shares
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
16.14
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P7Y2M12D
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
0 USD
CY2019Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
1522000 USD
CY2018Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-9571000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-2221000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
14969000 USD
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
266205000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
279914000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
265085000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
266654000 shares
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3585000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
39288000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6180000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
168919000 USD
CY2019Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
CY2018Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
1717000 USD
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-3585000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
41005000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
6180000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
168919000 USD
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.64
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
266205000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
263959000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
265025000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
263029000 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
3766000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
60000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
3625000 shares
CY2019Q3 cdev Incremental Common Shares Attributableto Dilutive Effectof Conversionof Common Stock
IncrementalCommonSharesAttributabletoDilutiveEffectofConversionofCommonStock
0 shares
CY2018Q3 cdev Incremental Common Shares Attributableto Dilutive Effectof Conversionof Common Stock
IncrementalCommonSharesAttributabletoDilutiveEffectofConversionofCommonStock
12189000 shares
cdev Incremental Common Shares Attributableto Dilutive Effectof Conversionof Common Stock
IncrementalCommonSharesAttributabletoDilutiveEffectofConversionofCommonStock
0 shares
cdev Incremental Common Shares Attributableto Dilutive Effectof Conversionof Common Stock
IncrementalCommonSharesAttributabletoDilutiveEffectofConversionofCommonStock
0 shares
CY2019Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
71700000 USD
CY2018Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
67000000.0 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0467
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y3M3D
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
9361000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
229130000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
234880000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
687938000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
668541000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
30754000 USD
CY2019Q3 us-gaap Variable Lease Cost
VariableLeaseCost
1819000 USD
us-gaap Variable Lease Cost
VariableLeaseCost
3323000 USD
CY2019Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
18679000 USD
us-gaap Short Term Lease Cost
ShortTermLeaseCost
47587000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
29859000 USD
us-gaap Lease Cost
LeaseCost
81664000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
6428000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8713000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2855000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
425000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
18421000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
408000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
18013000 USD
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
14200000 USD
CY2019Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
3900000 USD

Files In Submission

Name View Source Status
0001658566-19-000125-index-headers.html Edgar Link pending
0001658566-19-000125-index.html Edgar Link pending
0001658566-19-000125.txt Edgar Link pending
0001658566-19-000125-xbrl.zip Edgar Link pending
cdev-20190930.xsd Edgar Link pending
cdev-20190930_cal.xml Edgar Link unprocessable
cdev-20190930_def.xml Edgar Link unprocessable
cdev-20190930_lab.xml Edgar Link unprocessable
cdev-20190930_pre.xml Edgar Link unprocessable
cdev09302019q3.htm Edgar Link pending
cdev09302019q3_htm.xml Edgar Link completed
exhibit103amendedandre.htm Edgar Link pending
exhibit311q3-19.htm Edgar Link pending
exhibit312q3-19.htm Edgar Link pending
exhibit321q3-19.htm Edgar Link pending
exhibit322q3-19.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending