| Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
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Net income (loss) | - | - | - | - | 263 | 221 | -193 | 257 | 655 | 501 |
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Deferred Income Tax Expense (Benefit) | - | - | - | - | -73 | -42 | 142 | - | -50 | -7 |
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Depletion | 28 | 35 | 30 | 41 | 59 | 78 | 101 | 103 | 121 | 146 |
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Impairment | - | 3 | 47 | - | - | - | 69 | - | - | - |
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(Gain) loss on derivative instruments, net | - | - | - | - | - | - | -64 | -69 | -18 | -26 |
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(Gain) loss on derivative instruments, net | - | - | - | - | - | - | -64 | -69 | -18 | -26 |
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Net cash receipts (payments) on derivatives | - | - | - | - | - | - | -37 | -93 | -31 | -13 |
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Net cash receipts (payments) on derivatives | - | - | - | - | - | - | -37 | -93 | -31 | -13 |
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Other | - | - | - | - | - | - | 4 | 5 | 5 | 3 |
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Royalty income receivable | - | - | - | 16 | 13 | 19 | -26 | 36 | 13 | 27 |
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Royalty income receivable—related party | - | - | - | 2 | -2 | 7 | -9 | 0 | 4 | -3 |
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Accounts payable and accrued liabilities | 2 | -2 | 2 | 1 | 3 | 7 | 5 | - | 0 | 6 |
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Accounts payable—related party | -10 | 0 | -0 | - | - | 0 | - | - | 0 | 1 |
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Other | - | - | - | - | - | - | 0 | -2 | 2 | 2 |
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Income taxes payable | - | - | - | - | 0 | 0 | - | - | - | 1 |
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Other | - | - | - | - | - | - | 0 | -2 | 2 | 2 |
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Other | - | - | - | - | - | - | 4 | 5 | 5 | 3 |
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Royalty income receivable | - | - | - | 16 | 13 | 19 | -26 | 36 | 13 | 27 |
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Royalty income receivable—related party | - | - | - | 2 | -2 | 7 | -9 | 0 | 4 | -3 |
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Accounts payable and accrued liabilities | 2 | -2 | 2 | 1 | 3 | 7 | 5 | - | 0 | 6 |
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Accounts payable—related party | -10 | 0 | -0 | - | - | 0 | - | - | 0 | 1 |
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Other | - | - | - | - | - | - | 0 | -2 | 2 | 2 |
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Income taxes payable | - | - | - | - | 0 | 0 | - | - | - | 1 |
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Other | - | - | - | - | - | - | 0 | -2 | 2 | 2 |
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Net cash provided by (used in) operating activities | - | - | - | - | - | 237 | 197 | 307 | 700 | 638 |
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Net income (loss) | - | - | - | - | 263 | 221 | -193 | 257 | 655 | 501 |
---|
Deferred Income Tax Expense (Benefit) | - | - | - | - | -73 | -42 | 142 | - | -50 | -7 |
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Depletion | 28 | 35 | 30 | 41 | 59 | 78 | 101 | 103 | 121 | 146 |
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Impairment | - | 3 | 47 | - | - | - | 69 | - | - | - |
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(Gain) loss on derivative instruments, net | - | - | - | - | - | - | -64 | -69 | -18 | -26 |
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(Gain) loss on derivative instruments, net | - | - | - | - | - | - | -64 | -69 | -18 | -26 |
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Net cash receipts (payments) on derivatives | - | - | - | - | - | - | -37 | -93 | -31 | -13 |
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Net cash receipts (payments) on derivatives | - | - | - | - | - | - | -37 | -93 | -31 | -13 |
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Other | - | - | - | - | - | - | 4 | 5 | 5 | 3 |
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Royalty income receivable | - | - | - | 16 | 13 | 19 | -26 | 36 | 13 | 27 |
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Royalty income receivable—related party | - | - | - | 2 | -2 | 7 | -9 | 0 | 4 | -3 |
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Accounts payable and accrued liabilities | 2 | -2 | 2 | 1 | 3 | 7 | 5 | - | 0 | 6 |
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Accounts payable—related party | -10 | 0 | -0 | - | - | 0 | - | - | 0 | 1 |
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Other | - | - | - | - | - | - | 0 | -2 | 2 | 2 |
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Income taxes payable | - | - | - | - | 0 | 0 | - | - | - | 1 |
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Other | - | - | - | - | - | - | 0 | -2 | 2 | 2 |
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Other | - | - | - | - | - | - | 4 | 5 | 5 | 3 |
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Royalty income receivable | - | - | - | 16 | 13 | 19 | -26 | 36 | 13 | 27 |
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Royalty income receivable—related party | - | - | - | 2 | -2 | 7 | -9 | 0 | 4 | -3 |
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Accounts payable and accrued liabilities | 2 | -2 | 2 | 1 | 3 | 7 | 5 | - | 0 | 6 |
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Accounts payable—related party | -10 | 0 | -0 | - | - | 0 | - | - | 0 | 1 |
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Other | - | - | - | - | - | - | 0 | -2 | 2 | 2 |
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Income taxes payable | - | - | - | - | 0 | 0 | - | - | - | 1 |
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Other | - | - | - | - | - | - | 0 | -2 | 2 | 2 |
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Net cash provided by (used in) operating activities | - | - | - | - | - | 237 | 197 | 307 | 700 | 638 |
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Related Party | - | - | - | - | - | - | - | - | - | 75 |
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Nonrelated Party | - | - | - | - | - | - | - | - | - | 830 |
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Acquisitions of oil and natural gas interests | 58 | 44 | 206 | 344 | 610 | 531 | 66 | 281 | 63 | - |
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Proceeds from sale of oil and natural gas interests | - | - | - | - | 0 | - | 39 | - | 112 | - |
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Proceeds from sale of oil and natural gas interests | - | - | - | - | - | - | - | - | - | -3 |
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Other | - | - | - | - | - | - | - | - | 1 | - |
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Net cash provided by (used in) investing activities | - | - | - | - | - | -531 | -16 | -281 | 48 | -908 |
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Net cash provided by (used in) investing activities | - | - | - | - | - | -531 | -16 | -281 | 48 | -908 |
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Proceeds from Lines of Credit | 78 | 35 | 164 | 279 | 692 | 591 | 104 | 330 | 272 | 573 |
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Repayment on credit facility | 78 | - | 78 | 306 | 374 | 905 | 117 | 110 | 424 | 462 |
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Repayment of senior notes | - | - | - | - | - | - | 20 | - | 49 | - |
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Proceeds from senior notes | - | - | - | - | - | 500 | - | - | - | 400 |
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Repurchased units as part of unit buyback | - | - | - | - | - | - | 24 | 46 | 151 | - |
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Repayment of senior notes | - | - | - | - | - | - | 20 | - | 49 | - |
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Dividends/distributions to shareholders | - | - | - | - | - | - | 46 | 76 | 183 | 129 |
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Proceeds from Issuance or Sale of Equity | - | - | - | - | - | - | - | - | - | 200 |
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Dividends/distributions to Diamondback | 149 | 69 | 65 | 131 | 253 | 240 | 62 | 101 | 234 | 196 |
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Repurchased shares/units under buyback program | - | - | - | - | - | - | - | - | - | 95 |
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Other | - | - | - | - | - | - | -0 | -0 | -0 | -13 |
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Dividends/distributions to shareholders | - | - | - | - | - | - | 46 | 76 | 183 | 129 |
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Net cash provided by (used in) financing activities | - | - | - | - | - | 275 | -165 | -6 | -769 | 278 |
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Dividends/distributions to Diamondback | 149 | 69 | 65 | 131 | 253 | 240 | 62 | 101 | 234 | 196 |
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Other | - | - | - | - | - | - | -0 | -0 | -0 | -13 |
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Net cash provided by (used in) financing activities | - | - | - | - | - | 275 | -165 | -6 | -769 | 278 |
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Net increase (decrease) in cash and cash equivalents | - | - | - | - | - | -19 | 16 | 20 | -21 | 8 |
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Interest paid | 17 | 1 | 2 | 3 | 12 | 14 | 33 | 31 | 37 | 40 |
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Cash (paid) received for income taxes | - | - | - | - | - | - | - | - | 17 | 51 |
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Common shares/units issued for acquisition | 437 | - | - | - | - | 124 | - | 337 | - | 255 |
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Related Party | - | - | - | - | - | - | - | - | - | 75 |
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Nonrelated Party | - | - | - | - | - | - | - | - | - | 830 |
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Acquisitions of oil and natural gas interests | 58 | 44 | 206 | 344 | 610 | 531 | 66 | 281 | 63 | - |
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Proceeds from sale of oil and natural gas interests | - | - | - | - | 0 | - | 39 | - | 112 | - |
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Proceeds from sale of oil and natural gas interests | - | - | - | - | - | - | - | - | - | -3 |
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Other | - | - | - | - | - | - | - | - | 1 | - |
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Net cash provided by (used in) investing activities | - | - | - | - | - | -531 | -16 | -281 | 48 | -908 |
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Net cash provided by (used in) investing activities | - | - | - | - | - | -531 | -16 | -281 | 48 | -908 |
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Proceeds from Lines of Credit | 78 | 35 | 164 | 279 | 692 | 591 | 104 | 330 | 272 | 573 |
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Repayment on credit facility | 78 | - | 78 | 306 | 374 | 905 | 117 | 110 | 424 | 462 |
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Repayment of senior notes | - | - | - | - | - | - | 20 | - | 49 | - |
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Proceeds from senior notes | - | - | - | - | - | 500 | - | - | - | 400 |
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Repurchased units as part of unit buyback | - | - | - | - | - | - | 24 | 46 | 151 | - |
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Repayment of senior notes | - | - | - | - | - | - | 20 | - | 49 | - |
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Dividends/distributions to shareholders | - | - | - | - | - | - | 46 | 76 | 183 | 129 |
---|
Proceeds from Issuance or Sale of Equity | - | - | - | - | - | - | - | - | - | 200 |
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Dividends/distributions to Diamondback | 149 | 69 | 65 | 131 | 253 | 240 | 62 | 101 | 234 | 196 |
---|
Repurchased shares/units under buyback program | - | - | - | - | - | - | - | - | - | 95 |
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Other | - | - | - | - | - | - | -0 | -0 | -0 | -13 |
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Dividends/distributions to shareholders | - | - | - | - | - | - | 46 | 76 | 183 | 129 |
---|
Net cash provided by (used in) financing activities | - | - | - | - | - | 275 | -165 | -6 | -769 | 278 |
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Dividends/distributions to Diamondback | 149 | 69 | 65 | 131 | 253 | 240 | 62 | 101 | 234 | 196 |
---|
Other | - | - | - | - | - | - | -0 | -0 | -0 | -13 |
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Net cash provided by (used in) financing activities | - | - | - | - | - | 275 | -165 | -6 | -769 | 278 |
---|
Net increase (decrease) in cash and cash equivalents | - | - | - | - | - | -19 | 16 | 20 | -21 | 8 |
---|
Interest paid | 17 | 1 | 2 | 3 | 12 | 14 | 33 | 31 | 37 | 40 |
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Cash (paid) received for income taxes | - | - | - | - | - | - | - | - | 17 | 51 |
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Common shares/units issued for acquisition | 437 | - | - | - | - | 124 | - | 337 | - | 255 |
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