0001564590-20-012820.txt : 20200325 0001564590-20-012820.hdr.sgml : 20200325 20200325161039 ACCESSION NUMBER: 0001564590-20-012820 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20200325 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20200325 DATE AS OF CHANGE: 20200325 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Montage Resources Corp CENTRAL INDEX KEY: 0001600470 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 464812998 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36511 FILM NUMBER: 20742277 BUSINESS ADDRESS: STREET 1: 122 WEST JOHN CARPENTER FREEWAY STREET 2: SUITE 300 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: (469) 444-1647 MAIL ADDRESS: STREET 1: 122 WEST JOHN CARPENTER FREEWAY STREET 2: SUITE 300 CITY: IRVING STATE: TX ZIP: 75039 FORMER COMPANY: FORMER CONFORMED NAME: Eclipse Resources Corp DATE OF NAME CHANGE: 20140219 8-K 1 mr-8k_20200325.htm 8-K mr-8k_20200325.htm
false 0001600470 0001600470 2020-02-25 2020-02-25

 

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 25, 2020

 

Montage Resources Corporation

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-36511

46-4812998

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

 

 

 

122 West John Carpenter Freeway, Suite 300

Irving, Texas

 

75039

(Address of Principal Executive Offices)

 

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (469) 444-1647

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

 

Trading

Symbol(s)

 

Name of each exchange on which registered

Common Stock, Par Value $0.01 Per Share

 

MR

 

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

Item 7.01Regulation FD Disclosure.

 

On March 25, 2020, Montage Resources Corporation (the “Company”) issued a press release, a copy of which is attached hereto as Exhibit 99.1, announcing among other things, updated operational and financial guidance.

 

The information in this Current Report, including Exhibit 99.1, is being furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to liabilities of that section, and is not incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act unless specifically identified therein as being incorporated therein by reference.

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit

Number

 

Description

99.1

 

Press Release, dated March 25, 2020.

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

MONTAGE RESOURCES CORPORATION

 

 

 

 

 

 

 

 

Date: March 25, 2020

 

By:

/s/ Paul M. Johnston

 

 

Name:

Paul M. Johnston

 

 

Title:

Executive Vice President, General Counsel and

Corporate Secretary

 

 

 

 

 EX-99.1 2 mr-ex991_125.htm EX-99.1 mr-ex991_125.htm

Exhibit 99.1

Montage Resources Corporation Announces $45 Million Reduction in 2020 Capital Spending, Reiterates Full Year 2020 Production, and Enacts Strategic Shift in 2020 Production Mix

IRVING, TX- March 25, 2020- (BUSINESS WIRE) - Montage Resources Corporation (NYSE:MR) (the “Company” or “Montage Resources”) today has provided updated operational and financial guidance in response to current market conditions.

Updated 2020 Plan Highlights:

 

•

Revised full year capital spend of between $145 - $165 million, an approximate 23% reduction at the midpoint versus the previously spend of between $190 - $210 million

 

 

•

Reaffirms full year production of between 570 – 590 MMcfe per day, primarily driven by expected outperformance in first quarter 2020 production, further improved cycle times for remaining 2020 turn-to-sales, and gassier 2020 well mix

 

 

•

Strategic shift in activity levels which reduces the Ohio Marcellus weighted activity and increases the Utica Dry Gas weighted activity versus the previously announced capital spending plan  

 

John Reinhart, President and CEO, commented on the Company’s updated capital plan and guidance, “With a solid balance sheet, peer-leading cash operating margins and minimal long-term commitments, Montage will remain flexible and nimble as we continue to optimize development and monitor market conditions.  The Company has a proven track record of adjusting activity and delivering cost savings to maximize cash flow.  By strategically shifting operational activity and the production mix, we expect to continue to achieve an extremely high level of capital efficiency with the approximate 23% capital savings while maintaining our overall production, based on the respective guidance midpoints, and subsequently allowing the Company to capture any potential benefits of the more constructive natural gas macro environment in the second half of 2020 and 2021. In addition, we are continuing to act opportunistically in the current commodity price environment and tactically add additional downside protection to our cash flows by actively managing our hedge book.  Finally, incremental cost savings initiatives are being implemented across our operations as part of the commitment to focus on targeting free cash flow generation, which includes further drilling and completion unit cost reductions as well as operating and corporate overhead expense reductions.”

2020 Capital Expenditure Budget

The updated capital expenditure budget for 2020 of approximately $145 - $165 million is based upon a front-loaded one rig drilling program.  This capital budget is allocated approximately 90% for drilling and completions activities and approximately 10% for land and other expenditures. Development activity is concentrated in the Company’s stacked pay area within the Ohio Marcellus and Utica Dry gas areas located in Monroe County, Ohio.  The updated capital budget assumes the drilling of between 12 to 16 gross horizontal shale wells, the completion of 13 to 17 gross horizontal shale wells and between 12 to 16 gross horizontal shale wells turned to sales, with approximately 65% of the capital spend weighted toward the first half of 2020. The Company anticipates approximately 75% of the wells drilled to be in the Company’s Ohio Utica acreage and approximately 25% in the Ohio Marcellus acreage area, which is a meaningful shift from the 35% Utica Dry/65% Marcellus split in the previous capital spending plan.   

Net production volumes for 2020 are expected to be between 570 to 590 MMcfe per day with approximately 82% of 2020 production from natural gas and approximately 18% from oil and natural gas liquids. The projected production profile for 2020 remains significantly above the Company’s firm transportation commitments and provides multiple options regarding development activity, while also allowing the Company to continue to maximize its realized natural gas price from a balanced portfolio of sales points both in-basin and out-of-basin.

 

Guidance

The Company is reiterating first quarter 2020 guidance and updating its full year 2020 guidance (changes in italics) as set forth in the table below:

 

 

 

Q1 2020

 

FY 2020

 

Change to FY 2020   Mid-Point

Production MMcfe/d

 

585 - 600

 

570 - 590

 

 

% Gas

 

79% - 81%

 

81% - 83%

 

2%

% NGL

 

11% - 13%

 

10% - 12%

 

(1%)

% Oil

 

7% - 9%

 

6% - 8%

 

(1%)

Gas Price Differential ($/Mcf)1,2

 

$(0.10) - $(0.20)

 

$(0.20) - $(0.30)

 

 

Oil Differential ($/Bbl)1

 

$(7.75) - $(8.75)

 

$(7.00) - $(8.00)

 

$0.75

NGL Prices (% of  WTI)1

 

30% - 35%

 

30% - 40%

 

2.5%

Cash Production Costs ($/Mcfe)3

 

$1.25 - $1.35

 

$1.25 - $1.35

 

 

Cash G&A ($mm)4

 

$9 - $11

 

$31 - $35

 

($2)

CAPEX ($mm)

 

 

 

$145 - $165

 

($45)

 

 

1

Excludes impact of hedges

 

2

Excludes the cost of firm transportation

 

3

Includes lease operating, transportation, gathering and compression, production and ad valorem taxes

 

4

Non-GAAP financial measure which excludes stock-based compensation expense and merger related expenses, see reconciliation to the most comparable GAAP measure under “Cash General and Administrative Expense” in this press release

Cash General and Administrative Expenses

Cash general and administrative expenses is a non-GAAP financial measure used by the Company to provide a measure of administrative expenses used by many investors and in published research in making investment decisions and evaluating operational trends of the Company. See the table below for a reconciliation of Cash General and Administrative Expenses and General and Administrative Expenses:

 

 

 

Guidance

$ thousands

 

For the Three Months Ending

March 31, 2020

 

For the Year Ending

December 31, 2020

General and administrative expenses,

   estimated to be reported

 

$10,000-$14,000

 

$37,000-$44,000

Stock-based compensation expenses

 

(1,000 - 2,000)

 

(6,000 - 8,000)

Cash general and administrative expenses

 

$9,000-$12,000

 

$31,000-$36,000

Merger-related expenses

 

(0 - 1,000)

 

(0 - 1,000)

Cash general and administrative expenses,

   excluding merger-related expenses

 

$9,000-$11,000

 

$31,000-$35,000

 

About Montage Resources

Montage Resources is an exploration and production company with approximately 195,000 net effective core undeveloped acres currently focused on the Utica and Marcellus Shales of Southeast Ohio, West Virginia and North Central Pennsylvania. For more information, please visit the Company’s website at www.montageresources.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact included in this press release, including statements regarding Montage Resources’ strategy, future operations, financial position, estimated revenues and income/losses, projected costs and capital expenditures, and prospects, and plans and objectives of management are forward-looking statements. When used in this press release, the words “plan,” “endeavor,” “will,” “would,” ”should,” “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “continue,” “position,” “potential,” “committed,” “target, ”project” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on Montage Resources’ current expectations and assumptions about

future events and are based on currently available information as to the outcome and timing of future events. When considering forward-looking statements, you should keep in mind the risk factors and other cautionary statements described under the heading “Risk Factors” in Montage Resources’ Annual Report on Form 10-K for the fiscal year ended December 31, 2019 filed with the Securities and Exchange Commission on March 10, 2020 (the “2019 Annual Report”) and in Montage Resources’ other filings and reports with the Securities and Exchange Commission.

Forward-looking statements may include, but are not limited to, statements about business strategy; reserves; general economic conditions; financial strategy, liquidity and capital required for developing its properties and timing related thereto; realized natural gas, NGLs and oil prices; timing and amount of future production of natural gas, NGLs and oil; hedging strategy and results; future drilling plans; competition and government regulations, including those related to hydraulic fracturing; the anticipated benefits under commercial agreements; marketing of natural gas, NGLs and oil; leasehold and business acquisitions; the costs, terms and availability of gathering, processing, fractionation and other midstream services; the costs, terms and availability of downstream transportation services; credit markets; uncertainty regarding future operating results, including initial production rates and liquid yields in type curve areas; and plans, objectives, expectations and intentions contained in this press release that are not historical, including, without limitation, the guidance set forth herein.  

 

Montage Resources cautions you that all these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the Company’s control, incident to the exploration for and development, production, gathering and sale of natural gas, NGLs and oil. These risks include, but are not limited to, legal and environmental risks, drilling and other operating risks, regulatory changes, commodity price volatility and declines in the price of natural gas, NGLs, and oil, inflation, lack of availability of drilling, production and processing equipment and services, counterparty credit risk, the uncertainty inherent in estimating natural gas, NGLs and oil reserves and in projecting future rates of production, cash flow and access to capital, the timing of development expenditures, and the other risks described under the heading “Risk Factors” in the 2019 Annual Report and in Montage Resources’ other filings and reports with the Securities and Exchange Commission.  

 

All forward-looking statements, expressed or implied, included in this press release are expressly qualified in their entirety by this cautionary statement and are based on assumptions that Montage Resources believes to be reasonable but that may not prove to be accurate. This cautionary statement should also be considered in connection with any subsequent written or oral forward-looking statements that Montage Resources or persons acting on its behalf may issue. Except as otherwise required by applicable law, Montage Resources disclaims any duty to update any forward-looking statements to reflect new information or events or circumstances after the date of this press release.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

Contact:

Montage Resources Corporation

Douglas Kris, Investor Relations

469-444-1736

dkris@mresources.com

 GRAPHIC 3 gjaedi54ozve000001.jpg GRAPHIC begin 644 gjaedi54ozve000001.jpg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end EX-101.SCH 4 mr-20200325.xsd XBRL TAXONOMY EXTENSION SCHEMA 00000 - Document - Template Link link:presentationLink link:calculationLink link:definitionLink 100000 - Document - Document And Entity Information link:calculationLink link:presentationLink link:definitionLink EX-101.LAB 5 mr-20200325_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE Entity Central Index Key Cover [Abstract] Document Type Document Type Amendment Flag Amendment Flag Document Period End Date Document Period End Date Entity Registrant Name Entity Registrant Name Entity Central Index Key Entity Emerging Growth Company Entity Emerging Growth Company Entity File Number Entity File Number Entity Incorporation State Country Code Entity Incorporation State Country Code Entity Tax Identification Number Entity Tax Identification Number Entity Address Address Line1 Entity Address Address Line1 Entity Address, Address Line Two Entity Address Address Line2 Entity Address City Or Town Entity Address City Or Town Entity Address State Or Province Entity Address State Or Province Entity Address Postal Zip Code Entity Address Postal Zip Code City Area Code City Area Code Local Phone Number Local Phone Number Written Communications Written Communications Soliciting Material Soliciting Material Pre-commencement Tender Offer Pre Commencement Tender Offer Pre-commencement Issuer Tender Offer Pre Commencement Issuer Tender Offer Title of 12(b) Security Security12b Title Trading Symbol Trading Symbol Security Exchange Name Security Exchange Name EX-101.PRE 6 mr-20200325_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE EXCEL 7 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 8 FilingSummary.xml IDEA: XBRL DOCUMENT 3.20.1 html 1 95 1 false 0 0 false 0 false false R1.htm 100000 - Document - Document And Entity Information Sheet http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation Document And Entity Information Cover 1 false false All Reports Book All Reports mr-8k_20200325.htm mr-20200325.xsd mr-20200325_lab.xml mr-20200325_pre.xml mr-ex991_125.htm http://xbrl.sec.gov/dei/2019-01-31 true false XML 9 mr-8k_20200325_htm.xml IDEA: XBRL DOCUMENT 0001600470 2020-02-25 2020-02-25 false 0001600470 8-K 2020-03-25 Montage Resources Corporation DE 001-36511 46-4812998 122 West John Carpenter Freeway Suite 300 Irving TX 75039 469 444-1647 false false false false Common Stock, Par Value $0.01 Per Share MR NYSE false XML 10 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} JSON 11 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "mr-8k_20200325.htm": { "axisCustom": 0, "axisStandard": 0, "contextCount": 1, "dts": { "definitionLink": { "remote": [ "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-eedm-def-2019-01-31.xml", "http://xbrl.fasb.org/srt/2019/elts/srt-eedm1-def-2019-01-31.xml" ] }, "inline": { "local": [ "mr-8k_20200325.htm" ] }, "labelLink": { "local": [ "mr-20200325_lab.xml" ], "remote": [ "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml" ] }, "presentationLink": { "local": [ "mr-20200325_pre.xml" ] }, "referenceLink": { "remote": [ "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml" ] }, "schema": { "local": [ "mr-20200325.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "https://xbrl.sec.gov/country/2017/country-2017-01-31.xsd", "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd", "https://xbrl.sec.gov/currency/2019/currency-2019-01-31.xsd", "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd", "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd", "https://xbrl.sec.gov/exch/2019/exch-2019-01-31.xsd", "http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd", "https://xbrl.sec.gov/sic/2011/sic-2011-01-31.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-types-2019-01-31.xsd", "http://xbrl.fasb.org/srt/2019/elts/srt-roles-2019-01-31.xsd", "https://xbrl.sec.gov/stpr/2018/stpr-2018-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-roles-2019-01-31.xsd", "http://xbrl.fasb.org/us-gaap/2019/elts/us-types-2019-01-31.xsd", "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd" ] } }, "elementCount": 24, "entityCount": 1, "hidden": { "http://xbrl.sec.gov/dei/2019-01-31": 2, "total": 2 }, "keyCustom": 0, "keyStandard": 95, "memberCustom": 0, "memberStandard": 0, "nsprefix": "mr", "nsuri": "http://www.montageresources.com/20200325", "report": { "R1": { "firstAnchor": { "ancestors": [ "p", "body", "html" ], "baseRef": "mr-8k_20200325.htm", "contextRef": "C_0001600470_20200225_20200225", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "100000 - Document - Document And Entity Information", "role": "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation", "shortName": "Document And Entity Information", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "p", "body", "html" ], "baseRef": "mr-8k_20200325.htm", "contextRef": "C_0001600470_20200225_20200225", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 0, "tag": { "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag", "terseLabel": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Area code of city", "label": "City Area Code", "terseLabel": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Cover page.", "label": "Cover [Abstract]" } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "xbrltype": "stringItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.", "label": "Document Period End Date", "terseLabel": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "dateItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type", "terseLabel": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "submissionTypeItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address Address Line1", "terseLabel": "Entity Address Address Line1" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine2": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Address Line 2 such as Street or Suite number", "label": "Entity Address Address Line2", "terseLabel": "Entity Address, Address Line Two" } } }, "localname": "EntityAddressAddressLine2", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address City Or Town", "terseLabel": "Entity Address City Or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address Postal Zip Code", "terseLabel": "Entity Address Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address State Or Province", "terseLabel": "Entity Address State Or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r5" ], "lang": { "en-US": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key", "terseLabel": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r5" ], "lang": { "en-US": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company", "terseLabel": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number", "terseLabel": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "fileNumberItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation State Country Code", "terseLabel": "Entity Incorporation State Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r5" ], "lang": { "en-US": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name", "terseLabel": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r5" ], "lang": { "en-US": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number", "terseLabel": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "employerIdItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number", "terseLabel": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "normalizedStringItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r2" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre Commencement Issuer Tender Offer", "terseLabel": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r3" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre Commencement Tender Offer", "terseLabel": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r0" ], "lang": { "en-US": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Security12b Title", "terseLabel": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r1" ], "lang": { "en-US": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name", "terseLabel": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r4" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material", "terseLabel": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-US": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol", "terseLabel": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r6" ], "lang": { "en-US": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications", "terseLabel": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2019-01-31", "presentation": [ "http://www.montageresources.com/20200325/taxonomy/role/DocumentDocumentAndEntityInformation" ], "xbrltype": "booleanItemType" } }, "unitCount": 0 } }, "std_ref": { "r0": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b" }, "r1": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1" }, "r2": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c" }, "r3": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b" }, "r4": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12" }, "r5": { "Name": "Regulation 12B", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2" }, "r6": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425" } }, "version": "2.1" } XML 12 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 13 R1.htm IDEA: XBRL DOCUMENT v3.20.1
Document And Entity Information
Feb. 25, 2020
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Mar. 25, 2020
Entity Registrant Name Montage Resources Corporation
Entity Central Index Key 0001600470
Entity Emerging Growth Company false
Entity File Number 001-36511
Entity Incorporation State Country Code DE
Entity Tax Identification Number 46-4812998
Entity Address Address Line1 122 West John Carpenter Freeway
Entity Address, Address Line Two Suite 300
Entity Address City Or Town Irving
Entity Address State Or Province TX
Entity Address Postal Zip Code 75039
City Area Code 469
Local Phone Number 444-1647
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock, Par Value $0.01 Per Share
Trading Symbol MR
Security Exchange Name NYSE
ZIP 14 0001564590-20-012820-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001564590-20-012820-xbrl.zip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end