Abraxas petroleum corp (AXAS)
Income statement / TTM
Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues:
Other

114

105

105

137

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Oil and gas production revenues

-

-

-

-

-

-

-

-

-

-

65,739

-

47,861

49,964

57,897

67,002

84,838

112,628

126,872

133,701

123,056

108,283

96,580

92,268

87,864

75,918

70,374

65,590

65,909

66,428

67,147

64,615

61,874

58,855

0

0

0

Rig revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Other

-

-

-

-

-

-

-

-

-

-

54

-

35

33

36

28

36

43

47

75

67

61

66

56

84

105

93

74

44

21

20

7

6

9

0

0

0

Revenues

136,866

146,955

143,051

149,167

142,759

125,856

108,092

86,264

78,683

67,937

65,793

56,555

47,896

49,997

57,933

67,030

84,874

112,671

126,919

133,776

123,123

108,344

96,646

92,324

87,948

76,023

70,467

65,664

65,953

66,449

67,167

64,622

62,139

59,382

0

0

0

Operating costs and expenses:
Lease operating

28,724

29,801

27,465

24,300

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease operating

-

-

-

-

-

-

-

-

-

-

17,572

-

18,877

19,514

21,532

23,074

25,320

27,215

26,523

25,875

23,469

21,807

22,388

23,205

22,543

23,890

23,106

22,578

24,462

23,316

23,500

21,581

20,517

19,887

0

0

0

Production and ad valorem taxes

11,375

12,449

12,008

12,023

11,572

10,048

8,721

7,228

6,675

5,830

5,899

5,454

5,026

5,395

6,054

6,679

7,931

10,106

11,058

11,462

10,748

9,641

8,714

8,437

8,364

7,441

7,019

6,588

6,236

6,071

6,008

5,766

5,521

5,497

0

0

0

Rig expense

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation, depletion, amortization and accretion

51,401

49,938

46,589

43,275

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Rig expense

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation, depletion and amortization

-

-

-

-

-

-

-

-

24,165

22,659

23,913

-

25,609

29,403

32,544

38,721

43,742

47,413

47,709

43,139

36,484

29,908

26,578

25,588

24,309

23,020

22,624

20,953

21,012

19,202

17,602

16,194

15,192

15,464

0

0

0

Proved property impairment

-

-

-

-

-

-

-

-

-

-

-

67,626

136,308

192,393

163,658

128,573

59,891

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

0

0

-

-

-

Rig operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

General and administrative (including stock-based compensation of $504; $428; $1,398 and $1,894, respectively)

11,831

11,681

12,041

12,041

13,963

16,434

16,267

16,276

16,016

13,719

13,574

13,562

10,836

10,730

11,479

11,788

14,653

14,378

13,937

13,378

12,175

12,206

11,942

11,997

11,178

11,035

10,642

10,013

8,852

8,646

8,688

9,433

9,247

9,377

0

0

0

Total operating cost and expenses

104,003

104,541

98,775

91,639

85,379

80,426

72,199

65,378

63,701

63,561

94,575

130,433

197,190

257,777

235,346

208,835

151,537

99,112

99,227

93,854

80,741

71,585

69,622

69,227

55,462

66,057

63,391

60,132

72,100

56,789

0

-

0

0

-

-

-

Operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Operating income

32,863

42,414

44,276

57,528

57,380

45,430

35,893

20,886

14,982

4,376

-28,782

-73,878

-149,294

-207,780

-177,413

-141,805

-66,663

13,559

27,692

39,922

42,382

36,759

27,024

23,097

32,486

9,966

7,076

5,532

-7,676

7,908

11,369

11,648

11,439

8,741

0

0

0

Other (income) expense:
Interest income

0

-

-

-

-

-

-

-

0

0

-

-

0

0

-

2

2

2

3

2

2

3

2

3

3

3

4

4

4

5

6

7

8

4

0

0

0

Interest expense

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

-

10,094

8,821

-

-

4,180

3,189

2,497

2,354

2,446

3,097

3,828

4,472

4,504

4,310

3,906

3,427

2,983

2,802

2,570

2,906

3,468

3,950

4,556

5,019

5,505

5,516

5,503

5,035

4,422

4,488

4,898

6,195

2,960

0

0

0

Amortization of deferred financing fees

538

482

465

440

389

376

382

423

610

661

992

1,019

925

935

650

643

636

625

743

934

1,126

1,320

1,382

1,367

1,350

1,317

1,240

937

854

788

1,292

1,762

2,030

1,272

0

0

0

(Gain) 1oss on derivative contracts

37,916

12,267

-13,132

8,060

-53,438

-45,326

-19,113

-1,849

2,693

10,578

-9,312

-18,028

-4,142

5,648

15,139

19,301

40,958

28,205

30,798

25,237

-1,266

-2,856

-2,283

-2,474

-4,197

-2,157

-460

-459

16,547

15,518

0

-

0

0

-

-

-

Loss on sale of non-oil and gas assets

-

-

-

-181

-182

12

99

102

476

476

0

-

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on derivative contracts - unrealized

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

Loss on derivative contracts - realized

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Loss on derivative contracts - unrealized

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

Earnings from equity method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,207

2,439

2,703

2,221

2,187

1,827

1,281

0

0

0

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-539

-60

-156

-142

-97

-170

-271

-283

-316

-127

-12

0

0

0

(Gain) on derivative contracts - Unrealized

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-2,893

11,893

0

-

0

0

-

-

-

-

-

-

-

Total other (income) expense

26,220

1,405

-22,689

293

-59,487

-50,084

-22,798

-4,880

-168

7,948

-13,026

-22,500

-9,481

-107

9,862

14,436

34,997

32,686

28,208

21,742

27,080

10,354

24,988

24,444

-10,718

-9,722

-3,882

-2,116

-4,275

18,560

13,133

2,018

6,708

-12,925

0

0

0

Income before income tax

59,083

43,819

21,587

57,821

-2,107

-4,654

13,095

16,006

14,814

12,324

-41,808

-96,378

-158,775

-207,887

-167,551

-127,369

-31,666

46,245

55,900

61,664

69,462

47,113

52,012

47,541

-6,596

1,117

0

-

0

0

-

-

0

-

-

-

-

Income tax (expense) benefit

0

0

0

-

0

0

0

-

0

0

0

-

-279

-279

-279

-279

-287

-287

-287

-287

613

613

700

700

397

397

0

-

0

0

-

-

0

-

-

-

-

Net (loss) income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-167,272

-127,090

-31,379

46,532

56,187

61,951

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss from discontinued operations - net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-20

1,820

1,680

1,660

1,318

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

59,083

43,819

21,587

57,821

-2,107

-4,654

13,095

16,006

14,814

12,324

-41,808

-96,378

-158,496

-207,608

-167,272

-127,110

-29,559

48,212

57,847

63,269

60,133

37,924

42,756

38,647

-216

-22,050

-19,013

-18,791

-12,184

26,545

24,579

13,743

18,147

3,362

0

0

0

Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.64

-0.50

-0.06

-0.01

0.31

0.24

0.03

0.05

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.00

0.01

0.00

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income per common share - basic (in dollars per share)

0.10

0.07

-0.15

0.33

0.01

-0.06

0.07

-0.03

0.00

0.04

0.09

0.02

-0.02

-0.40

-0.39

-0.64

-0.50

-0.06

-0.01

0.32

0.24

0.03

0.05

0.29

0.03

0.09

0.01

-0.13

-0.20

0.12

0.01

-0.05

0.22

0.10

-0.12

-0.01

0.07

Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0.64

-0.50

-0.06

-0.01

0.29

0.24

0.03

0.05

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

0.00

0.01

0.00

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income per common share - diluted (in dollars per share)

0.10

0.07

-0.15

0.33

0.01

-0.06

0.06

-0.03

0.00

0.04

0.09

0.02

-0.02

-0.40

-0.39

-0.64

-0.50

-0.06

-0.01

0.30

0.24

0.03

0.05

0.29

0.03

0.08

0.01

-0.13

-0.20

0.12

0.01

-0.04

0.21

0.10

-0.12

-0.01

0.07

Weighted average shares outstanding:
Basic (in shares)

166,572

166,491

166,041

166,853

165,392

165,162

165,133

164,581

163,508

162,357

154,118

134,153

133,546

116,120

104,709

104,968

104,614

104,423

104,415

104,918

104,408

93,448

92,566

-

92,475

92,351

92,290

-

-

-

-

-

-

-

-

-

-

Diluted (in shares)

169,599

167,349

166,041

170,722

167,629

165,162

167,243

167,250

163,508

163,805

156,813

134,153

133,546

116,120

104,709

104,968

104,614

104,423

104,415

106,558

107,671

97,322

94,321

-

93,542

93,361

93,264

-

-

-

-

-

-

-

-

-

-

Oil Revenues [Member]
Revenues

129,754

135,565

128,891

132,904

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gas Revenues [Member]
Revenues

4,079

5,750

6,950

7,854

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Natural Gas Liquids Revenues [Member]
Revenues

2,919

5,535

7,105

8,272

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-