2018 Form 10-K Financial Statement

#000152812919000012 Filed on February 14, 2019

View on sec.gov

Income Statement

Concept 2018 2017 Q4 2017 Q3
Revenue $1.106B $240.3M $205.8M
YoY Change 34.5% 30.4% 28.85%
Cost Of Revenue $444.0M $84.70M $77.70M
YoY Change 41.9% 13.39% 7.77%
Gross Profit $661.8M $155.6M $128.1M
YoY Change 29.94% 41.97% 46.23%
Gross Profit Margin 59.85% 64.74% 62.24%
Selling, General & Admin $107.8M $23.70M $25.00M
YoY Change 11.97% -7.78% -4.21%
% of Gross Profit 16.3% 15.23% 19.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $212.7M $45.10M $41.21M
YoY Change 34.28% 20.27% 17.22%
% of Gross Profit 32.14% 28.98% 32.17%
Operating Expenses $107.8M $69.80M $67.70M
YoY Change 11.97% 8.72% 9.02%
Operating Profit $348.5M $85.83M $60.45M
YoY Change 39.58% 88.81% 137.14%
Interest Expense $57.90M $349.2M $23.70M
YoY Change -35.21% -649.92% 2.69%
% of Operating Profit 16.62% 406.84% 39.2%
Other Income/Expense, Net -$19.65M -$49.43M
YoY Change -106.53% 208.77%
Pretax Income $328.8M $410.4M $11.03M
YoY Change -40.29% -2330.43% 16.26%
Income Tax $4.249M $1.800M $0.00
% Of Pretax Income 1.29% 0.44% 0.0%
Net Earnings $324.6M $408.6M $11.03M
YoY Change -40.87% -2317.91% 16.26%
Net Earnings / Revenue 29.35% 170.0% 5.36%
Basic Earnings Per Share $27.94 $1.71 $0.05
Diluted Earnings Per Share $27.84 $1.70 $0.05
COMMON SHARES
Basic Shares Outstanding 11.62M shares 242.5M shares 239.3M shares
Diluted Shares Outstanding 11.66M shares 244.9M shares

Balance Sheet

Concept 2018 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $45.20M $112.2M $20.80M
YoY Change -59.71% 243.12% -31.58%
Cash & Equivalents $45.20M $112.2M $20.82M
Short-Term Investments
Other Short-Term Assets $53.30M $15.69M $16.20M
YoY Change 297.76% 9.76% 13.03%
Inventory $9.100M $8.600M
Prepaid Expenses $6.538M
Receivables $72.00M $100.6M $89.84M
Other Receivables $22.30M $5.245M $80.00K
Total Short-Term Assets $192.8M $235.4M $142.5M
YoY Change -18.1% 52.08% -25.17%
LONG-TERM ASSETS
Property, Plant & Equipment $2.200B $1.768B $1.631B
YoY Change 24.38% 29.38% 24.94%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $276.4M
YoY Change -100.0% 20.24%
Other Assets $27.90M $16.11M $11.76M
YoY Change 43.08% 100.59% 36.36%
Total Long-Term Assets $2.228B $1.788B $1.924B
YoY Change 24.59% 9.85% 22.85%
TOTAL ASSETS
Total Short-Term Assets $192.8M $235.4M $142.5M
Total Long-Term Assets $2.228B $1.788B $1.924B
Total Assets $2.420B $2.023B $2.066B
YoY Change 19.62% 13.52% 17.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $69.50M $58.34M $22.80M
YoY Change 1119.3% 11.76% 13.79%
Accrued Expenses $74.80M $181.7M $151.6M
YoY Change -58.83% 58.69% 47.76%
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 $200.5M $277.4M $223.3M
YoY Change -27.72% 47.61% 39.32%
LONG-TERM LIABILITIES
Long-Term Debt $983.6M $791.9M $1.441B
YoY Change 24.21% -41.51% 6.48%
Other Long-Term Liabilities $62.00M $134.1M $3.330M
YoY Change -67.09% 3603.12% -11.03%
Total Long-Term Liabilities $1.046B $925.9M $1.444B
YoY Change 6.66% -31.79% 6.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $200.5M $277.4M $223.3M
Total Long-Term Liabilities $1.046B $925.9M $1.444B
Total Liabilities $1.246B $1.258B $1.720B
YoY Change -0.92% -21.48% 9.61%
SHAREHOLDERS EQUITY
Retained Earnings -$1.669B -$2.078B
YoY Change -24.75% -5.55%
Common Stock $2.435B $2.424B
YoY Change 1.5% 1.56%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.174B $765.6M $346.2M
YoY Change
Total Liabilities & Shareholders Equity $2.420B $2.023B $2.066B
YoY Change 19.62% 13.52% 17.64%

Cashflow Statement

Concept 2018 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income $324.6M $408.6M $11.03M
YoY Change -40.87% -2317.91% 16.26%
Depreciation, Depletion And Amortization $212.7M $45.10M $41.21M
YoY Change 34.28% 20.27% 17.22%
Cash From Operating Activities $537.8M $112.8M $115.2M
YoY Change 39.72% 1.81% 7.76%
INVESTING ACTIVITIES
Capital Expenditures -$705.2M -$170.5M -$155.4M
YoY Change 24.4% 69.31% -20.8%
Acquisitions
YoY Change
Other Investing Activities -$1.655M $822.4M -$23.80M
YoY Change -100.19% -10510.13% 48.75%
Cash From Investing Activities -$691.0M $652.0M -$179.3M
YoY Change -334.18% -700.92% -15.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $97.06M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $86.14M -673.5M 50.00M
YoY Change -114.35% -57.04%
NET CHANGE
Cash From Operating Activities $537.8M 112.8M 115.2M
Cash From Investing Activities -$691.0M 652.0M -179.3M
Cash From Financing Activities $86.14M -673.5M 50.00M
Net Change In Cash -$67.01M 91.30M -14.10M
YoY Change -184.3% 3869.57% -228.18%
FREE CASH FLOW
Cash From Operating Activities $537.8M $112.8M $115.2M
Capital Expenditures -$705.2M -$170.5M -$155.4M
Free Cash Flow $1.243B $283.3M $270.6M
YoY Change 30.59% 33.95% -10.72%

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EarningsPerShareBasic
-1.16
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.39
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.29
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.16
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
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232339000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
239096000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
225512000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
233172000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
240122000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
225512000 shares
CY2015Q4 us-gaap Stockholders Equity
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131447000 USD
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1635000 USD
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208000 USD
CY2016 us-gaap Stock Issued During Period Value New Issues
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276052000 USD
CY2016 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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35240000 USD
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-260739000 USD
CY2016Q4 us-gaap Stockholders Equity
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180573000 USD
CY2017 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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7662000 USD
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397000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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43297000 USD
CY2017 us-gaap Net Income Loss
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548974000 USD
CY2017Q4 us-gaap Stockholders Equity
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765579000 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
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97055000 USD
CY2018 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
4418000 USD
CY2018 us-gaap Stock Issued During Period Value Stock Options Exercised
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86000 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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44325000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
324595000 USD
CY2018Q4 us-gaap Stockholders Equity
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1174230000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
324595000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
548974000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
-260739000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
5056000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
212677000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
158389000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
148339000 USD
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2017 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2016 us-gaap Asset Impairment Charges
AssetImpairmentCharges
162027000 USD
CY2018 us-gaap Equity Method Investment Realized Gain Loss On Disposal
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0 USD
CY2017 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
405906000 USD
CY2016 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-23761000 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
36396000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
35734000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
29229000 USD
CY2018 us-gaap Gain Loss On Derivative Instruments Net Pretax
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42984000 USD
CY2017 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
350000 USD
CY2016 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
-87425000 USD
CY2018 lpi Cash Settlements Of Matured Derivative Financial Instruments Net
CashSettlementsOfMaturedDerivativeFinancialInstrumentsNet
6090000 USD
CY2017 lpi Cash Settlements Of Matured Derivative Financial Instruments Net
CashSettlementsOfMaturedDerivativeFinancialInstrumentsNet
37583000 USD
CY2016 lpi Cash Settlements Of Matured Derivative Financial Instruments Net
CashSettlementsOfMaturedDerivativeFinancialInstrumentsNet
195281000 USD
CY2018 lpi Proceeds From Payments For Cash Settlements Early Terminations Of Derivative Financial Instruments Net
ProceedsFromPaymentsForCashSettlementsEarlyTerminationsOfDerivativeFinancialInstrumentsNet
0 USD
CY2017 lpi Proceeds From Payments For Cash Settlements Early Terminations Of Derivative Financial Instruments Net
ProceedsFromPaymentsForCashSettlementsEarlyTerminationsOfDerivativeFinancialInstrumentsNet
4234000 USD
CY2016 lpi Proceeds From Payments For Cash Settlements Early Terminations Of Derivative Financial Instruments Net
ProceedsFromPaymentsForCashSettlementsEarlyTerminationsOfDerivativeFinancialInstrumentsNet
80000000 USD
CY2018 lpi Change In Net Present Value Of Deferred Premiums For Derivative Financial Instruments
ChangeInNetPresentValueOfDeferredPremiumsForDerivativeFinancialInstruments
694000 USD
CY2017 lpi Change In Net Present Value Of Deferred Premiums For Derivative Financial Instruments
ChangeInNetPresentValueOfDeferredPremiumsForDerivativeFinancialInstruments
394000 USD
CY2016 lpi Change In Net Present Value Of Deferred Premiums For Derivative Financial Instruments
ChangeInNetPresentValueOfDeferredPremiumsForDerivativeFinancialInstruments
232000 USD
CY2018 lpi Premiums Paid Received For Derivative Financial Instruments
PremiumsPaidReceivedForDerivativeFinancialInstruments
20335000 USD
CY2017 lpi Premiums Paid Received For Derivative Financial Instruments
PremiumsPaidReceivedForDerivativeFinancialInstruments
25853000 USD
CY2016 lpi Premiums Paid Received For Derivative Financial Instruments
PremiumsPaidReceivedForDerivativeFinancialInstruments
89669000 USD
CY2018 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3331000 USD
CY2017 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4086000 USD
CY2016 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4279000 USD
CY2018 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
CY2017 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
CY2016 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
842000 USD
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
8485000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
9403000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Share Based Liabilities Paid
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid
0 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Share Based Liabilities Paid
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid
0 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Share Based Liabilities Paid
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid
6394000 USD
CY2018 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
11857000 USD
CY2017 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
6067000 USD
CY2016 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
4596000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4669000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12124000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-832000 USD
CY2018 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
1865000 USD
CY2017 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
3461000 USD
CY2016 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
1373000 USD
CY2018 us-gaap Increase Decrease In Other Noncurrent Assets
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-124000 USD
CY2017 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
4774000 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-360000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
11163000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
9137000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
5432000 USD
CY2018 lpi Increase Decrease In Undistributed Revenue And Accrued Royalties
IncreaseDecreaseInUndistributedRevenueAndAccruedRoyalties
10989000 USD
CY2017 lpi Increase Decrease In Undistributed Revenue And Accrued Royalties
IncreaseDecreaseInUndistributedRevenueAndAccruedRoyalties
11014000 USD
CY2016 lpi Increase Decrease In Undistributed Revenue And Accrued Royalties
IncreaseDecreaseInUndistributedRevenueAndAccruedRoyalties
-7735000 USD
CY2018 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-23799000 USD
CY2017 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-2327000 USD
CY2016 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
13153000 USD
CY2018 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-854000 USD
CY2017 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
8821000 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-419000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
537804000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
384914000 USD
CY2017 lpi Payments To Acquire Midstream Service Assets
PaymentsToAcquireMidstreamServiceAssets
20887000 USD
CY2016 lpi Payments To Acquire Midstream Service Assets
PaymentsToAcquireMidstreamServiceAssets
5240000 USD
CY2018 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
7308000 USD
CY2017 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
4905000 USD
CY2016 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
7611000 USD
CY2018 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
356295000 USD
CY2018 lpi Deposit Receivedfor Potential Saleof Oiland Natural Gas Properties
DepositReceivedforPotentialSaleofOilandNaturalGasProperties
0 USD
CY2017 lpi Deposit Receivedfor Potential Saleof Oiland Natural Gas Properties
DepositReceivedforPotentialSaleofOilandNaturalGasProperties
0 USD
CY2016 lpi Deposit Receivedfor Potential Saleof Oiland Natural Gas Properties
DepositReceivedforPotentialSaleofOilandNaturalGasProperties
3000000 USD
CY2018 lpi Deposit Utilized For Saleof Oiland Natural Gas Properties
DepositUtilizedForSaleofOilandNaturalGasProperties
0 USD
CY2017 lpi Deposit Utilized For Saleof Oiland Natural Gas Properties
DepositUtilizedForSaleofOilandNaturalGasProperties
3000000 USD
CY2016 lpi Deposit Utilized For Saleof Oiland Natural Gas Properties
DepositUtilizedForSaleofOilandNaturalGasProperties
0 USD
CY2018 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
17538000 USD
CY2017 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
0 USD
CY2016 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
124660000 USD
CY2018 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
673584000 USD
CY2017 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
538122000 USD
CY2016 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
360679000 USD
CY2018 lpi Payments To Acquire Midstream Service Assets
PaymentsToAcquireMidstreamServiceAssets
6784000 USD
CY2017 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
31808000 USD
CY2016 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
69609000 USD
CY2018 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
1655000 USD
CY2017 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
829615000 USD
CY2016 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
CY2018 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
12603000 USD
CY2017 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
64157000 USD
CY2016 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
397000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
295050000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2018 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
210000000 USD
CY2017 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
190000000 USD
CY2016 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
239682000 USD
CY2018 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
20000000 USD
CY2017 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
260000000 USD
CY2016 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
304682000 USD
CY2018 us-gaap Repayments Of Senior Debt
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0 USD
CY2017 us-gaap Repayments Of Senior Debt
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518480000 USD
CY2016 us-gaap Repayments Of Senior Debt
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0 USD
CY2018 us-gaap Proceeds From Issuance Of Common Stock
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0 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
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209625000 USD
CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
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CY2018 us-gaap Payments Of Debt Issuance Costs
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CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4732000 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
86144000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
79487000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1518000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
112159000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32672000 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2016 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
276052000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
97055000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4418000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
7662000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1635000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
86000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
397000 USD
CY2016 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
208000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
31154000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
45151000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
112159000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32672000 USD
CY2018 us-gaap Nature Of Operations
NatureOfOperations
<span style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization</span><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Laredo Petroleum, Inc. ("Laredo"), together with its wholly-owned subsidiaries, Laredo Midstream Services, LLC ("LMS") and Garden City Minerals, LLC ("GCM"), </span><span style="font-family:inherit;font-size:10pt;">is an independent energy company focused on the acquisition, exploration and development of oil and natural gas properties, and midstream and marketing services, primarily in the Permian Basin of West Texas.</span><span style="font-family:inherit;font-size:10pt;"> LMS and GCM (together, the "Guarantors") guarantee all of Laredo's debt instruments. In these notes, the "Company" refers to Laredo, LMS and GCM collectively, unless the context indicates otherwise. All amounts, dollars and percentages presented in these consolidated financial statements and the related notes are rounded and therefore approximate. </span></div><span style="font-family:inherit;font-size:10pt;">The Company has identified </span><span style="font-family:inherit;font-size:10pt;"><span>one</span></span> operating segment: exploration and production. The Company's midstream and marketing functions are integral to its exploration and production activities. The Company has a single company-wide management team that administers all properties as a whole rather than discrete operating segments and it allocates capital resources on a project-by-project basis across its asset base without regard to individual areas.
CY2018 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of estimates in the preparation of consolidated financial statements</span><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of the accompanying consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Although management believes these estimates are reasonable, actual results could differ.</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Significant estimates include, but are not limited to, (i) </span><span style="font-family:inherit;font-size:10pt;">volumes of</span><span style="font-family:inherit;font-size:10pt;"> the Company's </span><span style="font-family:inherit;font-size:10pt;">reserves of oil,</span><span style="font-family:inherit;font-size:10pt;"> natural gas liquids ("NGL") </span><span style="font-family:inherit;font-size:10pt;">and natural gas</span><span style="font-family:inherit;font-size:10pt;">, (ii) </span><span style="font-family:inherit;font-size:10pt;">future cash flows from oil and natural gas properties</span><span style="font-family:inherit;font-size:10pt;">, (iii) </span><span style="font-family:inherit;font-size:10pt;">depletion, depreciation and amortization</span><span style="font-family:inherit;font-size:10pt;">, (iv) </span><span style="font-family:inherit;font-size:10pt;">impairments</span><span style="font-family:inherit;font-size:10pt;">, (v) </span><span style="font-family:inherit;font-size:10pt;">asset retirement obligations</span><span style="font-family:inherit;font-size:10pt;">, (vi) </span><span style="font-family:inherit;font-size:10pt;">stock-based compensation</span><span style="font-family:inherit;font-size:10pt;">, (vii) </span><span style="font-family:inherit;font-size:10pt;">deferred income taxes</span><span style="font-family:inherit;font-size:10pt;">, (viii) </span><span style="font-family:inherit;font-size:10pt;">fair value of assets acquired and liabilities assumed in an acquisition</span><span style="font-family:inherit;font-size:10pt;">, (ix) </span><span style="font-family:inherit;font-size:10pt;">fair values of derivatives and deferred premiums</span><span style="font-family:inherit;font-size:10pt;"> and (x) </span><span style="font-family:inherit;font-size:10pt;">contingent liabilities</span><span style="font-family:inherit;font-size:10pt;">. </span><span style="font-family:inherit;font-size:10pt;">As fair value is a market-based measurement, it is determined based on the assumptions that would be used by market participants. These estimates and assumptions are based on management's best judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. Such estimates and assumptions are adjusted when facts and circumstances dictate. Illiquid credit markets and volatile equity and energy markets have combined to increase the uncertainty inherent in such estimates and assumptions. Management believes its estimates and assumptions to be reasonable under the circumstances. As future events and their effects cannot be determined with precision, actual values and results could differ from these estimates. Any changes in estimates resulting from future changes in the economic environment will be reflected in the financial statements in future periods.</span><span style="font-family:inherit;font-size:10pt;"> </span></div>
CY2018 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</span><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain amounts in the accompanying consolidated financial statements have been reclassified to conform to the </span><span style="font-family:inherit;font-size:10pt;">2018</span><span style="font-family:inherit;font-size:10pt;"> presentation. These reclassifications had no impact on previously reported total assets, total liabilities, net income (loss), stockholders' equity or total operating, investing or financing cash flows. </span></div>
CY2018Q4 lpi Accounts Receivable Oil And Gas Sales Net Current
AccountsReceivableOilAndGasSalesNetCurrent
44958000 USD
CY2017Q4 lpi Accounts Receivable Oil And Gas Sales Net Current
AccountsReceivableOilAndGasSalesNetCurrent
67116000 USD
CY2018Q4 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
16772000 USD
CY2017Q4 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
8780000 USD
CY2018Q4 lpi Accounts Receivable Purchased Oil And Other Product Sales Current
AccountsReceivablePurchasedOilAndOtherProductSalesCurrent
10244000 USD
CY2017Q4 lpi Accounts Receivable Purchased Oil And Other Product Sales Current
AccountsReceivablePurchasedOilAndOtherProductSalesCurrent
19504000 USD
CY2018Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
22347000 USD
CY2017Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
5245000 USD
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
94321000 USD
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
100645000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
100000 USD
CY2018Q4 us-gaap Interest Payable Current
InterestPayableCurrent
18281000 USD
CY2017Q4 us-gaap Interest Payable Current
InterestPayableCurrent
18013000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
13317000 USD
CY2017Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
21287000 USD
CY2018Q4 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
0 USD
CY2017Q4 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
20144000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
13188000 USD
CY2017Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
16111000 USD
CY2018Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
44786000 USD
CY2017Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
75555000 USD
CY2018Q4 lpi Deferred Gainon Saleof Property Noncurrent
DeferredGainonSaleofPropertyNoncurrent
0 USD
CY2017Q4 lpi Deferred Gainon Saleof Property Noncurrent
DeferredGainonSaleofPropertyNoncurrent
120974000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
8587000 USD
CY2017Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
13116000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
8587000 USD
CY2017Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
134090000 USD
CY2017Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
55506000 USD
CY2016Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
52207000 USD
CY2018 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
995000 USD
CY2017 us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
616000 USD
CY2018 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
4472000 USD
CY2017 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
3791000 USD
CY2018 lpi Asset Retirement Obligation Settled Upon Plugging And Abandonment
AssetRetirementObligationSettledUponPluggingAndAbandonment
2848000 USD
CY2017 lpi Asset Retirement Obligation Settled Upon Plugging And Abandonment
AssetRetirementObligationSettledUponPluggingAndAbandonment
408000 USD
CY2018 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
1243000 USD
CY2017 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
871000 USD
CY2018 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
0 USD
CY2017 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
171000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
56882000 USD
CY2017Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
55506000 USD
CY2018 lpi Jointly Owned Oil And Natural Gas Property Fees Received For Operation
JointlyOwnedOilAndNaturalGasPropertyFeesReceivedForOperation
2507000 USD
CY2017 lpi Jointly Owned Oil And Natural Gas Property Fees Received For Operation
JointlyOwnedOilAndNaturalGasPropertyFeesReceivedForOperation
2549000 USD
CY2016 lpi Jointly Owned Oil And Natural Gas Property Fees Received For Operation
JointlyOwnedOilAndNaturalGasPropertyFeesReceivedForOperation
2477000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2018 lpi Change In Capital Expenditures Incurred But Not Yet Paid
ChangeInCapitalExpendituresIncurredButNotYetPaid
-52746000 USD
CY2017 lpi Change In Capital Expenditures Incurred But Not Yet Paid
ChangeInCapitalExpendituresIncurredButNotYetPaid
51876000 USD
CY2016 lpi Change In Capital Expenditures Incurred But Not Yet Paid
ChangeInCapitalExpendituresIncurredButNotYetPaid
-31027000 USD
CY2018 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
0 USD
CY2017 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
0 USD
CY2016 us-gaap Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
-27583000 USD
CY2018 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
7929000 USD
CY2017 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
7563000 USD
CY2016 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
6011000 USD
CY2018 lpi Capitalized Asset Retirement Cost
CapitalizedAssetRetirementCost
995000 USD
CY2017 lpi Capitalized Asset Retirement Cost
CapitalizedAssetRetirementCost
787000 USD
CY2016 lpi Capitalized Asset Retirement Cost
CapitalizedAssetRetirementCost
3660000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
53981000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
91548000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
89432000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
735000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
5500000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
CY2017 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
143592000 USD
CY2016 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
134105000 USD
CY2018 lpi Depletion Expense Per Physical Unit Of Production
DepletionExpensePerPhysicalUnitOfProduction
7.90
CY2018 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
4472000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
324595000 USD
CY2018 us-gaap Revenue Practical Expedient Remaining Performance Obligation Description
RevenuePracticalExpedientRemainingPerformanceObligationDescription
the Company has utilized the practical expedient in ASC 606-10-50-14 that exempts the Company from disclosure of the transaction price allocated to remaining performance obligations if the performance obligation is part of a contract that has an original expected duration of one year or less
CY2018Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
6752631000 USD
CY2017Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
6070940000 USD
CY2018Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
130957000 USD
CY2017Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
175865000 USD
CY2018Q4 lpi Accumulated Depletionand Impairment Oiland Natural Gas Properties
AccumulatedDepletionandImpairmentOilandNaturalGasProperties
4854017000 USD
CY2017Q4 lpi Accumulated Depletionand Impairment Oiland Natural Gas Properties
AccumulatedDepletionandImpairmentOilandNaturalGasProperties
4657466000 USD
CY2018Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
2029571000 USD
CY2017Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
1589339000 USD
CY2018 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
196458000 USD
CY2017 lpi Depletion Expense Per Physical Unit Of Production
DepletionExpensePerPhysicalUnitOfProduction
6.75
CY2016 lpi Depletion Expense Per Physical Unit Of Production
DepletionExpensePerPhysicalUnitOfProduction
7.39
CY2018 lpi Discount Rate Full Cost Ceiling
DiscountRateFullCostCeiling
0.10
CY2016 lpi Unamortized Costs Capitalized Before Related Deferred Income Taxes Exceed Ceiling Limitations Expense
UnamortizedCostsCapitalizedBeforeRelatedDeferredIncomeTaxesExceedCeilingLimitationsExpense
161100000 USD
CY2018 lpi Unamortized Costs Capitalized Before Related Deferred Income Taxes Exceed Ceiling Limitations Expense
UnamortizedCostsCapitalizedBeforeRelatedDeferredIncomeTaxesExceedCeilingLimitationsExpense
0 USD
CY2018Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
39819000 USD
CY2018 lpi Capitalized Costs Of Oil And Gas Properties Employee Related Costs Incurred
CapitalizedCostsOfOilAndGasPropertiesEmployeeRelatedCostsIncurred
25372000 USD
CY2017 lpi Capitalized Costs Of Oil And Gas Properties Employee Related Costs Incurred
CapitalizedCostsOfOilAndGasPropertiesEmployeeRelatedCostsIncurred
25553000 USD
CY2016 lpi Capitalized Costs Of Oil And Gas Properties Employee Related Costs Incurred
CapitalizedCostsOfOilAndGasPropertiesEmployeeRelatedCostsIncurred
19222000 USD
CY2017Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
40721000 USD
CY2018Q4 lpi Unrestrictedand Unencumbered Cashand Cash Equivalents Maximum
UnrestrictedandUnencumberedCashandCashEquivalentsMaximum
50000000 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2500000 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4700000 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2018Q4 lpi Debt Issuance Costs Including Line Of Credit Arrangements Net
DebtIssuanceCostsIncludingLineOfCreditArrangementsNet
13300000 USD
CY2017Q4 lpi Debt Issuance Costs Including Line Of Credit Arrangements Net
DebtIssuanceCostsIncludingLineOfCreditArrangementsNet
14200000 USD
CY2018Q4 us-gaap Accumulated Amortization Of Noncurrent Deferred Finance Costs
AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts
24200000 USD
CY2017Q4 us-gaap Accumulated Amortization Of Noncurrent Deferred Finance Costs
AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts
20800000 USD
CY2018Q4 lpi Deferred Finance Costs Amortization Expense Next Twelve Months
DeferredFinanceCostsAmortizationExpenseNextTwelveMonths
3385000 USD
CY2018Q4 lpi Deferred Finance Costs Amortization Expense Year Two
DeferredFinanceCostsAmortizationExpenseYearTwo
3385000 USD
CY2018Q4 lpi Deferred Finance Costs Amortization Expense Year Three
DeferredFinanceCostsAmortizationExpenseYearThree
3385000 USD
CY2018Q4 lpi Deferred Finance Costs Amortization Expense Year Four
DeferredFinanceCostsAmortizationExpenseYearFour
2490000 USD
CY2018Q4 lpi Deferred Finance Costs Amortization Expense Year Five
DeferredFinanceCostsAmortizationExpenseYearFive
669000 USD
CY2018Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
13314000 USD
CY2018 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
54969000 USD
CY2017 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
92700000 USD
CY2016 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
89726000 USD
CY2018 lpi Amortization Of Financing Costs And Other Adjustments
AmortizationOfFinancingCostsAndOtherAdjustments
3655000 USD
CY2017 lpi Amortization Of Financing Costs And Other Adjustments
AmortizationOfFinancingCostsAndOtherAdjustments
3968000 USD
CY2016 lpi Amortization Of Financing Costs And Other Adjustments
AmortizationOfFinancingCostsAndOtherAdjustments
3922000 USD
CY2018 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
268000 USD
CY2017 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-6139000 USD
CY2016 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-56000 USD
CY2018 us-gaap Interest Costs Incurred
InterestCostsIncurred
58892000 USD
CY2017 us-gaap Interest Costs Incurred
InterestCostsIncurred
90529000 USD
CY2016 us-gaap Interest Costs Incurred
InterestCostsIncurred
93592000 USD
CY2018 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
988000 USD
CY2017 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
1152000 USD
CY2016 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
294000 USD
CY2018 us-gaap Interest Expense
InterestExpense
57904000 USD
CY2017 us-gaap Interest Expense
InterestExpense
89377000 USD
CY2016 us-gaap Interest Expense
InterestExpense
93298000 USD
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
990000000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6364000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
983636000 USD
CY2017Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
800000000 USD
CY2017Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
8145000 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
791855000 USD
CY2018 us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
11048742 shares
CY2018 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
8.78
CY2018 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
97100000 USD
CY2018 lpi Allocated Sharebased Compensation Expense Gross
AllocatedSharebasedCompensationExpenseGross
44325000 USD
CY2017 lpi Allocated Sharebased Compensation Expense Gross
AllocatedSharebasedCompensationExpenseGross
43297000 USD
CY2016 lpi Allocated Sharebased Compensation Expense Gross
AllocatedSharebasedCompensationExpenseGross
35240000 USD
CY2018 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
7929000 USD
CY2017 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
7563000 USD
CY2016 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
6011000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
36396000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
35734000 USD
CY2016 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
29229000 USD
CY2016Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
978494000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
43506000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
43506000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-13029000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-13029000 USD
CY2018Q4 lpi Derivative Financial Instrument Deferred Premium Future Payments Due Next Twelve Months
DerivativeFinancialInstrumentDeferredPremiumFuturePaymentsDueNextTwelveMonths
15502000 USD
CY2018Q4 lpi Derivative Financial Instrument Deferred Premium Future Payments Due Due In Two Years
DerivativeFinancialInstrumentDeferredPremiumFuturePaymentsDueDueInTwoYears
1295000 USD
CY2018Q4 lpi Derivative Financial Instrument Deferred Premium Future Payments Due
DerivativeFinancialInstrumentDeferredPremiumFuturePaymentsDue
16797000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
324595000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
548974000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
-260739000 USD
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
232339000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
239096000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
225512000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
233172000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
240122000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
225512000 shares
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.40
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-807000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1800000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.30
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.16
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.39
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.29
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.16
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
5056000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4249000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1800000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Alternative Minimum Tax
DeferredTaxAssetsTaxCreditCarryforwardsAlternativeMinimumTax
4800000 USD
CY2018Q4 lpi Deferred Tax Asset Alternative Minimum Tax Carryforward Refund Receivable Year1
DeferredTaxAssetAlternativeMinimumTaxCarryforwardRefundReceivableYear1
2408000 USD
CY2018Q4 lpi Deferred Tax Asset Alternative Minimum Tax Carryforward Refund Receivable In Year2
DeferredTaxAssetAlternativeMinimumTaxCarryforwardRefundReceivableInYear2
1203000 USD
CY2018Q4 lpi Deferred Tax Asset Alternative Minimum Tax Carryforward Refund Receivable In Year3
DeferredTaxAssetAlternativeMinimumTaxCarryforwardRefundReceivableInYear3
602000 USD
CY2018Q4 lpi Deferred Tax Asset Alternative Minimum Tax Carryforward Refund Receivable Year4
DeferredTaxAssetAlternativeMinimumTaxCarryforwardRefundReceivableYear4
602000 USD
CY2018Q4 lpi Deferred Tax Asset Alternative Minimum Tax Carryforward Refund Receivable Total
DeferredTaxAssetAlternativeMinimumTaxCarryforwardRefundReceivableTotal
4815000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
69057000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
192141000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-91259000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-74289000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-417518000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
86569000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
9070000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-696000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
370000 USD
CY2018 lpi Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Tax Rate Amount
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsTaxRateAmount
0 USD
CY2017 lpi Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Tax Rate Amount
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsTaxRateAmount
226263000 USD
CY2016 lpi Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Tax Rate Amount
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsTaxRateAmount
0 USD
CY2018 lpi Income Tax Reconciliation Tax Deficiency Share Based Compensation Cost
IncomeTaxReconciliationTaxDeficiencyShareBasedCompensationCost
0 USD
CY2017 lpi Income Tax Reconciliation Tax Deficiency Share Based Compensation Cost
IncomeTaxReconciliationTaxDeficiencyShareBasedCompensationCost
64000 USD
CY2016 lpi Income Tax Reconciliation Tax Deficiency Share Based Compensation Cost
IncomeTaxReconciliationTaxDeficiencyShareBasedCompensationCost
4144000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
411000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
1546000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
176000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4249000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1800000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2017Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
8465000 USD
CY2018Q4 lpi Deferred Tax Assets Gross Net
DeferredTaxAssetsGrossNet
232206000 USD
CY2017Q4 lpi Deferred Tax Assets Gross Net
DeferredTaxAssetsGrossNet
341402000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
237262000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
341402000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
5056000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
0 USD
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.01
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
392276000 USD
CY2017Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
355100000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
168031000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
80153000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
19845000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
14025000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Derivatives
DeferredTaxLiabilitiesDerivatives
8188000 USD
CY2017Q4 us-gaap Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
3788000 USD
CY2018Q4 lpi Deferred Tax Assets Liabilities Gain Loss On Sale Of Assets
DeferredTaxAssetsLiabilitiesGainLossOnSaleOfAssets
-7693000 USD
CY2017Q4 lpi Deferred Tax Assets Liabilities Gain Loss On Sale Of Assets
DeferredTaxAssetsLiabilitiesGainLossOnSaleOfAssets
40177000 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
3997000 USD
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.01
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
237300000 USD
CY2018Q4 lpi Tax Cuts And Jobs Act Of2017 Net Operating Loss Carryforward That Will Not Expire
TaxCutsAndJobsActOf2017NetOperatingLossCarryforwardThatWillNotExpire
122700000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3179000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3128000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2560000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1358000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
4556000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
17873000 USD
CY2018 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<span style="font-family:inherit;font-size:10pt;font-weight:bold;">Credit risk</span><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company's oil, NGL and natural gas production sales are made </span><span style="font-family:inherit;font-size:10pt;">to a variety of purchasers, including intrastate and interstate pipelines or their marketing affiliates and independent marketing companies</span><span style="font-family:inherit;font-size:10pt;">. The Company's joint operations accounts receivable are </span><span style="font-family:inherit;font-size:10pt;">from a number of oil and natural gas companies, partnerships, individuals and others who own interests in the oil and natural gas properties operated by</span><span style="font-family:inherit;font-size:10pt;"> the Company. The Company's sales of purchased oil are generally made to </span><span style="font-family:inherit;font-size:10pt;">one</span><span style="font-family:inherit;font-size:10pt;"> customer. </span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The majority of the Company's accounts receivable are unsecured. On occasion the Company requires its customers to post collateral, and the inability of the Company's significant customers to meet their obligations to the Company or their insolvency or liquidation may adversely affect the Company's financial results. Management believes that any credit risk imposed by a concentration in the oil and natural gas industry is offset by the creditworthiness of the Company's customer base and industry partners. The Company routinely assesses the recoverability of all material trade and other receivables to determine collectability. See Notes </span><span style="font-family:inherit;font-size:10pt;">2.e</span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;">5</span><span style="font-family:inherit;font-size:10pt;"> for additional information regarding the Company's accounts receivable and revenue recognition, respectively.</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The Company uses derivatives to hedge its exposure to oil, NGL and natural gas price volatility. These transactions expose the Company to potential credit risk from its counterparties. The Company has entered into International Swap Dealers Association Master Agreements ("ISDA Agreements") with each of its derivative counterparties, each of whom is also a lender in the Company's Senior Secured Credit Facility, which is secured by the Company's oil, NGL and natural gas reserves; therefore, the Company is not required to post any collateral. The Company does not require collateral from its derivative counterparties. The terms of the ISDA Agreements provide the non-defaulting or non-affected party the right to terminate the agreement upon the occurrence of certain events of default and termination events by a party and also provide for the marking to market of outstanding positions and the offset of the mark to market amounts owed to and by the parties (and in certain cases, the affiliates of the non-defaulting or non-affected party) upon termination; therefore, the credit risk associated with the Company's derivative counterparties is somewhat mitigated. The Company minimizes the credit risk in derivatives by: (i) limiting its exposure to any single counterparty, (ii) entering into derivatives only with counterparties that meet its minimum credit quality standard or have a guarantee from an affiliate that meets the Company's minimum credit quality standard </span></div>and (iii) monitoring the creditworthiness of the Company's counterparties on an ongoing basis.
CY2018Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
48200000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
3092000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
5900000 USD
CY2018 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2735000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2696000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2664000 USD
CY2018 us-gaap Proceeds From Rents Received
ProceedsFromRentsReceived
600000 USD
CY2016 us-gaap Proceeds From Rents Received
ProceedsFromRentsReceived
0 USD
CY2018Q4 lpi Gross Production Barrels Of Crude Oil Related To Crude Oil Purchase Agreement
GrossProductionBarrelsOfCrudeOilRelatedToCrudeOilPurchaseAgreement
19000 bbl
CY2017Q4 us-gaap Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
9 Claim
CY2018Q2 us-gaap Gain Contingency Unrecorded Amount
GainContingencyUnrecordedAmount
150000000.0 USD
CY2018Q4 lpi Midstream Service Assets Net
MidstreamServiceAssetsNet
130245000 USD
CY2018Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
39819000 USD
CY2018Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2018Q4 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
37400000 USD
CY2018 lpi Minimum Volume Commitments Deficiency Payments
MinimumVolumeCommitmentsDeficiencyPayments
4700000 USD
CY2017 lpi Minimum Volume Commitments Deficiency Payments
MinimumVolumeCommitmentsDeficiencyPayments
1100000 USD
CY2016 lpi Minimum Volume Commitments Deficiency Payments
MinimumVolumeCommitmentsDeficiencyPayments
2200000 USD
CY2018Q4 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
3900000 USD
CY2018Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
0 USD
CY2018Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
94321000 USD
CY2018Q4 lpi Other Assets Current Not Separately Disclosed
OtherAssetsCurrentNotSeparatelyDisclosed
98431000 USD
CY2018Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
2029571000 USD
CY2018Q4 lpi Other Assets Noncurrent Not Separately Disclosed
OtherAssetsNoncurrentNotSeparatelyDisclosed
27918000 USD
CY2018Q4 us-gaap Assets
Assets
2420305000 USD
CY2018Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
69504000 USD
CY2018Q4 lpi Other Liabilities Current Not Separately Disclosed
OtherLiabilitiesCurrentNotSeparatelyDisclosed
130961000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
983636000 USD
CY2018Q4 lpi Other Liabilities Noncurrent Not Separately Disclosed
OtherLiabilitiesNoncurrentNotSeparatelyDisclosed
61974000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1174230000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2420305000 USD
CY2017Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
100645000 USD
CY2017Q4 lpi Other Assets Current Not Separately Disclosed
OtherAssetsCurrentNotSeparatelyDisclosed
134737000 USD
CY2017Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
1589339000 USD
CY2017Q4 lpi Midstream Service Assets Net
MidstreamServiceAssetsNet
138325000 USD
CY2017Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
40721000 USD
CY2017Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2017Q4 lpi Other Assets Noncurrent Not Separately Disclosed
OtherAssetsNoncurrentNotSeparatelyDisclosed
19522000 USD
CY2017Q4 us-gaap Assets
Assets
2023289000 USD
CY2017Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
58341000 USD
CY2017Q4 lpi Other Liabilities Current Not Separately Disclosed
OtherLiabilitiesCurrentNotSeparatelyDisclosed
219078000 USD
CY2017Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
791855000 USD
CY2017Q4 lpi Other Liabilities Noncurrent Not Separately Disclosed
OtherLiabilitiesNoncurrentNotSeparatelyDisclosed
188436000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
765579000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2023289000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1105775000 USD
CY2018 us-gaap Costs And Expenses
CostsAndExpenses
757283000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
348492000 USD
CY2018 us-gaap Interest Expense
InterestExpense
57904000 USD
CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
38256000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
328844000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4249000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
324595000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
822162000 USD
CY2017 us-gaap Costs And Expenses
CostsAndExpenses
572490000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
249672000 USD
CY2017 us-gaap Interest Expense
InterestExpense
89377000 USD
CY2017 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
405906000 USD
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-15427000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
550774000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1800000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
548974000 USD
CY2016 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
597378000 USD
CY2016 us-gaap Costs And Expenses
CostsAndExpenses
685340000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
-87962000 USD
CY2016 us-gaap Interest Expense
InterestExpense
93298000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-79479000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-260739000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
-260739000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
537804000 USD
CY2018 lpi Increase Decrease In Investments With Affiliates
IncreaseDecreaseInInvestmentsWithAffiliates
0 USD
CY2018 lpi Payments For Proceeds From Capital Expenditures And Other Investing Activities
PaymentsForProceedsFromCapitalExpendituresAndOtherInvestingActivities
-692611000 USD
CY2018 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
1655000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
86144000 USD
CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-67008000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
112159000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
45151000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
384914000 USD
CY2017 lpi Increase Decrease In Investments With Affiliates
IncreaseDecreaseInInvestmentsWithAffiliates
0 USD
CY2017 lpi Payments For Proceeds From Capital Expenditures And Other Investing Activities
PaymentsForProceedsFromCapitalExpendituresAndOtherInvestingActivities
-534565000 USD
CY2017 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
829615000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-600477000 USD
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
79487000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32672000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
112159000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
356295000 USD
CY2016 lpi Increase Decrease In Investments With Affiliates
IncreaseDecreaseInInvestmentsWithAffiliates
0 USD
CY2016 lpi Payments For Proceeds From Capital Expenditures And Other Investing Activities
PaymentsForProceedsFromCapitalExpendituresAndOtherInvestingActivities
-564402000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
209625000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1518000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
31154000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
32672000 USD
CY2018 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
15072000 USD
CY2017 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
0 USD
CY2016 us-gaap Costs Incurred Acquisition Of Oil And Gas Properties With Proved Reserves
CostsIncurredAcquisitionOfOilAndGasPropertiesWithProvedReserves
5905000 USD
CY2018 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
2790000 USD
CY2017 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
0 USD
CY2016 us-gaap Costs Incurred Acquisition Of Unproved Oil And Gas Properties
CostsIncurredAcquisitionOfUnprovedOilAndGasProperties
119923000 USD
CY2018 us-gaap Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
23884000 USD
CY2017 us-gaap Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
36257000 USD
CY2018 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
38815000 USD
CY2016 us-gaap Costs Incurred Exploration Costs
CostsIncurredExplorationCosts
41333000 USD
CY2018 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
607790000 USD
CY2017 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
560919000 USD
CY2016 us-gaap Costs Incurred Development Costs
CostsIncurredDevelopmentCosts
298942000 USD
CY2018 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
649536000 USD
CY2017 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
597176000 USD
CY2016 us-gaap Costs Incurred Oil And Gas Property Acquisition Exploration And Development Activities
CostsIncurredOilAndGasPropertyAcquisitionExplorationAndDevelopmentActivities
466103000 USD
CY2018Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
6752631000 USD
CY2017Q4 us-gaap Capitalized Costs Proved Properties
CapitalizedCostsProvedProperties
6070940000 USD
CY2018Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
130957000 USD
CY2017Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
175865000 USD
CY2018Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
6883588000 USD
CY2017Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
6246805000 USD
CY2018Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
4854017000 USD
CY2017Q4 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
4657466000 USD
CY2018Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
2029571000 USD
CY2017Q4 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
1589339000 USD
CY2017 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
15076000 USD
CY2016 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
56826000 USD
CY2015 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
20240000 USD
CY2018Q4 us-gaap Capitalized Costs Of Unproved Properties Excluded From Amortization Cumulative
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortizationCumulative
130957000 USD
CY2018 us-gaap Results Of Operations Revenue From Oil And Gas Producing Activities
ResultsOfOperationsRevenueFromOilAndGasProducingActivities
808530000 USD
CY2017 us-gaap Results Of Operations Revenue From Oil And Gas Producing Activities
ResultsOfOperationsRevenueFromOilAndGasProducingActivities
621507000 USD
CY2016 us-gaap Results Of Operations Revenue From Oil And Gas Producing Activities
ResultsOfOperationsRevenueFromOilAndGasProducingActivities
426485000 USD
CY2018 us-gaap Operating Lease Expense
OperatingLeaseExpense
91289000 USD
CY2017 us-gaap Operating Lease Expense
OperatingLeaseExpense
75049000 USD
CY2016 us-gaap Operating Lease Expense
OperatingLeaseExpense
75327000 USD
CY2018 us-gaap Production Tax Expense
ProductionTaxExpense
49457000 USD
CY2017 us-gaap Production Tax Expense
ProductionTaxExpense
37802000 USD
CY2016 us-gaap Production Tax Expense
ProductionTaxExpense
28586000 USD
CY2018 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
11704000 USD
CY2017 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
0 USD
CY2016 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
0 USD
CY2018 us-gaap Results Of Operations Production Or Lifting Costs
ResultsOfOperationsProductionOrLiftingCosts
152450000 USD
CY2017 us-gaap Results Of Operations Production Or Lifting Costs
ResultsOfOperationsProductionOrLiftingCosts
112851000 USD
CY2016 us-gaap Results Of Operations Production Or Lifting Costs
ResultsOfOperationsProductionOrLiftingCosts
103913000 USD
CY2018 us-gaap Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
196458000 USD
CY2017 us-gaap Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
143592000 USD
CY2016 us-gaap Results Of Operations Depreciation Depletion And Amortization And Valuation Provisions
ResultsOfOperationsDepreciationDepletionAndAmortizationAndValuationProvisions
134105000 USD
CY2018 us-gaap Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
4233000 USD
CY2017 us-gaap Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
3567000 USD
CY2016 us-gaap Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
3274000 USD
CY2018 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
CY2017 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 USD
CY2016 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
161064000 USD
CY2018 us-gaap Results Of Operations Income Tax Expense
ResultsOfOperationsIncomeTaxExpense
4554000 USD
CY2017 us-gaap Results Of Operations Income Tax Expense
ResultsOfOperationsIncomeTaxExpense
0 USD
CY2016 us-gaap Results Of Operations Income Tax Expense
ResultsOfOperationsIncomeTaxExpense
0 USD
CY2018 us-gaap Results Of Operations Expense Other
ResultsOfOperationsExpenseOther
205245000 USD
CY2017 us-gaap Results Of Operations Expense Other
ResultsOfOperationsExpenseOther
147159000 USD
CY2016 us-gaap Results Of Operations Expense Other
ResultsOfOperationsExpenseOther
298443000 USD
CY2018 us-gaap Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
450835000 USD
CY2017 us-gaap Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
361497000 USD
CY2016 us-gaap Results Of Operations Oil And Gas Producing Activities Net Income Excluding Corporate Overhead And Interest Costs
ResultsOfOperationsOilAndGasProducingActivitiesNetIncomeExcludingCorporateOverheadAndInterestCosts
24129000 USD
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.01
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2018 lpi Percentage Of Proved Reserves Estimated By Independent Reserve Engineers
PercentageOfProvedReservesEstimatedByIndependentReserveEngineers
1
CY2018 lpi Number Of Reportable Reserves Streams
NumberOfReportableReservesStreams
3 reserves_stream
CY2017Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
215883000 Boe
CY2018 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
2173000 Boe
CY2018 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
44069000 Boe
CY2018 srt Proved Developed And Undeveloped Reserve Purchase Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseOfMineralInPlaceEnergy
1521000 Boe
CY2018 srt Proved Developed And Undeveloped Reserves Sale Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservesSaleOfMineralInPlaceEnergy
598000 Boe
CY2018 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
24881000 Boe
CY2015Q4 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
100395000 Boe
CY2018Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
238167000 Boe
CY2017Q4 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
191309000 Boe
CY2018Q4 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
217105000 Boe
CY2017Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
24574000 Boe
CY2018Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
21062000 Boe
CY2016Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
167100000 Boe
CY2017 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
35351000 Boe
CY2017 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
34921000 Boe
CY2017 srt Proved Developed And Undeveloped Reserves Sale Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservesSaleOfMineralInPlaceEnergy
218000 Boe
CY2017 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
21270000 Boe
CY2017Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
215883000 Boe
CY2016Q4 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
141155000 Boe
CY2017Q4 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
191309000 Boe
CY2016Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
25945000 Boe
CY2017Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
24574000 Boe
CY2015Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
125698000 Boe
CY2016 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
34082000 Boe
CY2016 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
24940000 Boe
CY2016 srt Proved Developed And Undeveloped Reserve Purchase Of Mineral In Place Energy
ProvedDevelopedAndUndevelopedReservePurchaseOfMineralInPlaceEnergy
529000 Boe
CY2016 srt Proved Developed And Undeveloped Reserve Production Energy
ProvedDevelopedAndUndevelopedReserveProductionEnergy
18149000 Boe
CY2016Q4 srt Proved Developed And Undeveloped Reserve Net Energy
ProvedDevelopedAndUndevelopedReserveNetEnergy
167100000 Boe
CY2016Q4 srt Proved Developed Reserves Boe1
ProvedDevelopedReservesBOE1
141155000 Boe
CY2015Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
25303000 Boe
CY2016Q4 srt Proved Undeveloped Reserve Boe1
ProvedUndevelopedReserveBOE1
25945000 Boe
CY2018 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
2173000 Boe
CY2016Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
290505000 USD
CY2018Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
226183000 USD
CY2017Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
237153000 USD
CY2016Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Income Tax Expense
FutureNetCashFlowsRelatingToProvedOilAndGasReservesIncomeTaxExpense
0 USD
CY2018Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
3805968000 USD
CY2017Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
3556854000 USD
CY2016Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Net Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesNetCashFlows
2019693000 USD
CY2018Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
1691731000 USD
CY2017Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
1786533000 USD
CY2016Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Ten Percent Annual Discount For Estimated Timing Of Cash Flows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesTenPercentAnnualDiscountForEstimatedTimingOfCashFlows
1041199000 USD
CY2018Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
2114237000 USD
CY2018 us-gaap Development Wells Drilled Net Productive
DevelopmentWellsDrilledNetProductive
8 location
CY2018 lpi Development Wells Scheduled To Be Drilled In The Next Twelve Months
DevelopmentWellsScheduledToBeDrilledInTheNextTwelveMonths
2 location
CY2018 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
44069000 Boe
CY2017 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
35351000 Boe
CY2017 us-gaap Development Wells Drilled Net Productive
DevelopmentWellsDrilledNetProductive
10 location
CY2017 lpi Development Wells Scheduled To Be Drilled In The Next Twelve Months
DevelopmentWellsScheduledToBeDrilledInTheNextTwelveMonths
8 location
CY2017 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
34921000 Boe
CY2016 srt Proved Developed And Undeveloped Reserve Revision Of Previous Estimate Energy
ProvedDevelopedAndUndevelopedReserveRevisionOfPreviousEstimateEnergy
34082000 Boe
CY2016 us-gaap Development Wells Drilled Net Productive
DevelopmentWellsDrilledNetProductive
4 location
CY2016 lpi Development Wells Scheduled To Be Drilled In The Next Twelve Months
DevelopmentWellsScheduledToBeDrilledInTheNextTwelveMonths
7 location
CY2016 srt Proved Developed And Undeveloped Reserve Extension And Discovery Energy
ProvedDevelopedAndUndevelopedReserveExtensionAndDiscoveryEnergy
24940000 Boe
CY2018Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
6266862000 USD
CY2017Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
5777533000 USD
CY2016Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Cash Inflows
FutureNetCashFlowsRelatingToProvedOilAndGasReservesCashInflows
3548567000 USD
CY2018Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
1977401000 USD
CY2017Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
1675837000 USD
CY2016Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Production Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesProductionCosts
1238369000 USD
CY2018Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
257310000 USD
CY2017Q4 srt Future Net Cash Flows Relating To Proved Oil And Gas Reserves Development Costs
FutureNetCashFlowsRelatingToProvedOilAndGasReservesDevelopmentCosts
307689000 USD
CY2017Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1770321000 USD
CY2016 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
83075000 USD
CY2018 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
-10340000 USD
CY2018 srt Decrease Due To Sales Of Minerals In Place
DecreaseDueToSalesOfMineralsInPlace
6015000 USD
CY2017 srt Decrease Due To Sales Of Minerals In Place
DecreaseDueToSalesOfMineralsInPlace
793000 USD
CY2016 srt Decrease Due To Sales Of Minerals In Place
DecreaseDueToSalesOfMineralsInPlace
0 USD
CY2018 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
181693000 USD
CY2017 srt Standardized Measure Of Discounted Future Net Cash Flow Relating To Proved Oil And Gas Reserves Accretion Of Discount
StandardizedMeasureOfDiscountedFutureNetCashFlowRelatingToProvedOilAndGasReservesAccretionOfDiscount
97849000 USD
CY2017 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
-46610000 USD
CY2016 srt Increase Decrease In Future Income Tax Expense Estimates On Future Cash Flows Related To Proved Oil And Gas Reserves
IncreaseDecreaseInFutureIncomeTaxExpenseEstimatesOnFutureCashFlowsRelatedToProvedOilAndGasReserves
0 USD
CY2018 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-99459000 USD
CY2017 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-13394000 USD
CY2016 srt Standardized Measure Of Discounted Future Net Cash Flow Of Proved Oil And Gas Reserves Other
StandardizedMeasureOfDiscountedFutureNetCashFlowOfProvedOilAndGasReservesOther
-60082000 USD
CY2018Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
2114237000 USD
CY2017Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1770321000 USD
CY2016Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
978494000 USD
CY2017Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
1770321000 USD
CY2016Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
978494000 USD
CY2015Q4 srt Standardized Measure Of Discounted Future Net Cash Flows Relating To Proved Oil And Gas Reserves
StandardizedMeasureOfDiscountedFutureNetCashFlowsRelatingToProvedOilAndGasReserves
830747000 USD
CY2018 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
656080000 USD
CY2017 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
508656000 USD
CY2016 srt Sales And Transfers Of Oil And Gas Produced Net Of Production Costs
SalesAndTransfersOfOilAndGasProducedNetOfProductionCosts
322573000 USD
CY2018 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
-179912000 USD
CY2017 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
289150000 USD
CY2016 srt Revisions Of Previous Quantity Estimates
RevisionsOfPreviousQuantityEstimates
179297000 USD
CY2018 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
521605000 USD
CY2017 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
296129000 USD
CY2016 srt Extensions Discoveries Additions And Improved Recovery Less Related Costs
ExtensionsDiscoveriesAdditionsAndImprovedRecoveryLessRelatedCosts
133472000 USD
CY2018 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
365902000 USD
CY2017 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
474831000 USD
CY2016 srt Net Increase Decrease In Sales And Transfer Prices And Production Costs
NetIncreaseDecreaseInSalesAndTransferPricesAndProductionCosts
-80102000 USD
CY2018 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
7246000 USD
CY2017 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
10989000 USD
CY2016 srt Increase Decrease In Estimated Future Development Costs
IncreaseDecreaseInEstimatedFutureDevelopmentCosts
22153000 USD
CY2018 srt Previously Estimated Development Costs Incurred
PreviouslyEstimatedDevelopmentCostsIncurred
207865000 USD
CY2017 srt Previously Estimated Development Costs Incurred
PreviouslyEstimatedDevelopmentCostsIncurred
192332000 USD
CY2016 srt Previously Estimated Development Costs Incurred
PreviouslyEstimatedDevelopmentCostsIncurred
189085000 USD
CY2018 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
11411000 USD
CY2017 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
0 USD
CY2016 srt Increase Due To Purchases Of Minerals In Place
IncreaseDueToPurchasesOfMineralsInPlace
3422000 USD
CY2017Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
85833000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
68276000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
61110000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
11027000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
408561000 USD
CY2018Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
259696000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
351046000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
279746000 USD
CY2018Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
215287000 USD
CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
93192000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
94767000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
104410000 USD
CY2018Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
56123000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
86520000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
33452000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
55050000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
149573000 USD
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.36
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
CY2018Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.65
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.36
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.14
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.65
CY2017Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
189006000 USD
CY2017Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
187001000 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
205818000 USD
CY2017Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
240337000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
51326000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
52061000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
60452000 USD
CY2017Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.29
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.26
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.71
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.70

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