ANDEAVOR LOGISTICS LP ANDX Income Statement

Andeavor logistics lp (ANDX)

Income statement / TTM

Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Revenues:
Revenues
2,496,000	2,464,000	2,380,000	2,885,000	3,337,000	3,375,000	3,249,000	2,889,000	2,103,000	1,789,000	1,669,000	1,193,000	1,167,000	1,149,000	1,112,000	1,010,000	878,000	736,000	600,000	509,281	456,006	383,111	307,733	263,351	210,579	187,359	164,000	138,558	123,227	107,908	87,337	0	0	0
Affiliate
-	-	-	-	-	-	-	-	-	-	-	682,000	650,000	636,000	615,000	593,000	571,000	534,000	497,000	442,105	393,320	330,422	267,314	235,157	193,183	171,539	150,000	124,912	111,814	98,234	77,443	0	0	0
Third-party
-	-	-	-	-	-	-	-	-	-	-	511,000	517,000	513,000	-	417,000	307,000	202,000	103,000	67,176	62,686	52,689	40,419	28,194	17,396	15,820	14,000	13,646	11,413	9,674	9,894	0	0	0
Costs and Expenses:
NGL expense (excluding items shown separately below)
0	0	-	-	0	0	-	-	116,000	61,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of fuel and other (excluding items shown separately below) (b)
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating expenses (excluding depreciation and amortization)
939,000	923,000	885,000	872,000	835,000	766,000	691,000	715,000	622,000	576,000	560,000	427,000	434,000	439,000	428,000	460,000	419,000	371,000	324,000	239,183	227,374	193,263	160,752	142,886	103,236	90,913	87,000	69,415	62,731	58,583	54,302	0	0	0
Depreciation and amortization expenses
391,000	380,000	368,000	372,000	371,000	344,000	313,000	303,000	265,000	245,000	233,000	193,000	191,000	189,000	187,000	167,000	140,000	113,000	85,000	66,899	65,267	55,581	43,662	33,640	20,705	16,270	15,000	11,951	11,329	11,267	11,277	0	0	0
Imbalance settlement gains, net and reimbursements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40,000	47,000	44,000	43,000	33,392	17,551	12,127	7,551	10,468	11,953	11,934	12,000	10,817	9,474	0	-	0	0	-
General and administrative expenses
99,000	110,000	121,000	150,000	163,000	162,000	158,000	134,000	115,000	109,000	106,000	93,000	96,000	102,000	103,000	116,000	104,000	89,000	74,000	49,063	41,500	35,351	31,404	25,783	21,597	18,478	16,000	14,336	12,277	10,789	8,776	0	0	0
Loss on asset disposals and impairments
0	-	-	0	0	-	-	0	0	-	-4,000	-4,000	-2,000	-2,000	-1,000	0	0	0	4,000	4,177	4,164	4,164	0	-920	-928	-928	-1,000	-257	-236	-237	-26	0	0	0
Total Costs and Expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	317,753	312,603	268,081	228,444	192,761	134,513	114,655	107,000	85,542	75,674	71,233	67,228	0	0	0
Operating Income (Loss)
857,000	830,000	796,000	709,000	641,000	630,000	603,000	550,000	530,000	479,000	448,000	445,000	424,000	409,000	393,000	307,000	262,000	207,000	164,000	191,528	143,403	115,030	79,289	70,590	76,066	72,704	57,000	53,016	47,553	36,675	20,109	0	0	0
Interest and financing costs, net
-242,000	-239,000	-233,000	-581,000	-570,000	-447,000	-330,000	-140,000	-159,000	-177,000	-195,000	176,000	164,000	157,000	150,000	158,000	149,000	128,000	109,000	78,123	62,407	51,978	39,582	30,099	19,625	14,093	9,000	688	-521	-1,099	-1,610	0	0	0
Equity in earnings of equity method investments
29,000	30,000	31,000	36,000	35,000	28,000	22,000	14,000	11,000	11,000	13,000	11,000	10,000	8,000	7,000	7,000	5,000	4,000	1,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other income, net
10,000	5,000	6,000	6,000	10,000	10,000	11,000	14,000	9,000	7,000	11,000	6,000	6,000	6,000	0	0	0	0	-	-	-	-	502	493	493	23	0	0	0	0	-	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
654,000	626,000	600,000	519,000	0	0	-	0	0	-	277,000	285,000	275,000	265,000	249,000	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss Attributable To Predecessors
0	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable To Predecessors
-	-	-	0	-	-	-	0	0	-	62,000	47,000	46,000	45,000	43,000	59,000	53,000	50,000	46,000	17,336	37,798	40,445	0	0	0	-	9,000	2,657	6,460	11,570	16,069	0	0	0
Net earnings attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,000	22,000	19,000	13,000	3,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
658,000	646,000	628,000	507,000	434,000	396,000	349,000	0	0	0	-	-	-	-	-	-	-	-	-	-	0	-	40,209	40,984	56,934	58,634	48,000	49,108	44,854	34,554	18,499	0	0	0
Preferred unitholders’ interest in net earnings
40,000	40,000	44,000	37,000	27,000	17,000	3,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Earnings Attributable to Partners
-	-	-	-	-	-	-	-	-	-	-	331,000	317,000	300,000	-	193,000	152,000	120,000	99,000	130,750	118,803	103,976	0	0	0	-	57,000	51,765	51,314	46,124	34,568	0	0	0
Net Income (Loss) Allocated to General Partners
-	-	-	-2,000	-	-	-79,000	-121,000	-161,000	-157,000	-152,000	-130,000	-110,000	-91,000	-73,000	-65,000	-59,000	-50,000	-43,000	-33,923	-23,486	-17,464	-12,000	-8,641	-5,920	-4,306	-3,000	-1,668	-1,129	-922	-692	0	0	0
Net Income (Loss) Allocated to Limited Partners
618,000	606,000	584,000	468,000	405,000	337,000	267,000	254,000	205,000	182,000	187,000	201,000	207,000	209,000	199,000	128,000	93,000	70,000	56,000	96,674	95,164	86,359	67,501	67,044	64,290	59,816	54,000	50,097	50,185	45,202	33,876	0	0	0
Earnings Per Unit [Abstract]
Common - basic
0.65	0.60	0.67	0.68	0.63	0.59	0.07	0.90	0.63	0.51	0.29	0.46	0.48	0.64	0.48	0.62	0.60	0.63	-	0.33	0.45	-	0.33	0.37	0.38	-	-	0.55	-	-	-	0.49	-	-
Common - diluted
0.65	0.60	0.67	0.68	0.63	0.59	0.07	0.90	0.63	0.51	0.29	0.46	0.48	0.64	0.48	0.62	0.60	0.63	-	0.33	0.45	-	0.33	0.37	0.38	-	-	0.54	-	-	-	0.49	-	-
Common - basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.64	-	-	-	0.40	-	-	0.41	0.37	-	-	0.25	-
Subordinated - basic and diluted (dollars per unit)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.47	0.00	0.45	0.64	0.26	0.37	0.36	0.37	0.28	0.41	0.41	0.37	-	0.49	0.25	-
Weighted average limited partner units outstanding:
Common units - basic
245,600	245,500	246,000	234,400	217,200	217,200	183,200	108,000	108,000	104,800	102,600	101,400	95,200	93,600	91,200	86,600	80,700	80,300	74,802	55,900	46,911	39,186	34,663	31,722	30,752	28,861	20,185	15,553	15,464	15,254	-	15,254	15,254	-
Common units - diluted
245,700	245,700	246,300	234,600	217,300	217,400	183,300	108,100	108,100	104,900	102,600	101,400	95,200	93,600	91,400	86,700	80,800	80,300	74,503	56,000	47,012	39,284	34,778	31,828	30,863	28,929	20,386	15,663	15,489	15,297	-	15,277	15,298	-
Subordinated units - basic and diluted (units)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-398	0	7,543	15,254	15,435	15,254	15,254	15,254	15,254	15,254	15,254	15,254	-	15,254	15,254	-
Cash distributions paid per unit
-	-	-	1.03	-	-	0.98	0.97	0.94	0.91	0.87	0.84	0.81	0.78	0.75	0.72	0.69	0.66	0.64	0.61	0.59	0.56	0.54	0.51	0.49	0.47	0.36	0.45	0.41	0.37	-	0.35	0.24	-
(1) Includes reimbursements from Tesoro
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Affiliated Entity
Revenues
1,741,000	1,706,000	1,589,000	1,620,000	1,673,000	1,555,000	1,431,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Third Party
Revenues
0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil and Gas, Purchased [Member]
Cost of Goods and Services Sold
-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural Gas, Midstream [Member]
Cost of Goods and Services Sold
-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-