Bonanza creek energy, inc. (BCEI)
Income statement / Yearly
Dec'19Dec'18Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
Operating net revenues:
Oil and gas sales

313,220

276,657

-

292,679

558,633

421,860

231,205

105,723

Operating expenses:
Lease operating expense

25,249

34,825

-

-

-

-

-

-

Lease operating expense

-

-

-

65,038

59,884

47,771

30,695

18,252

Gas plant and midstream operating expense

-

-

-

11,368

12,527

-

-

-

Severance and ad valorem taxes

25,598

18,999

-

18,629

50,430

27,203

13,674

5,918

Exploration

797

291

-

15,827

5,346

4,213

10,715

876

Depreciation, depletion and amortization

76,453

41,883

-

244,921

228,789

140,176

66,202

28,014

Abandonment and impairment of unproved properties

-

-

-

33,543

0

0

-

-

Abandonment and impairment of unproved properties

11,201

5,271

-

740,478

167,592

0

611

623

Unused commitments

-

-

-

0

0

-

-

-

Contract settlement expense

-

-

-

0

0

-

-

-

Unused commitments

0

21

-

-

-

-

-

-

General and administrative expense (including $1,239 and $1,380, respectively, of stock-based compensation)

39,668

42,453

-

70,319

81,571

55,502

31,405

17,612

Total operating expenses

207,662

164,263

-

1,200,123

606,139

274,865

153,302

71,298

Income from operations

-

-

-

-907,444

-47,506

146,995

77,903

34,425

Other income (expense):
Derivative gain (loss)

-37,145

30,271

-

56,558

121,615

-12,472

924

-2,798

Interest expense, net

2,650

2,603

-

57,052

46,447

21,972

4,133

4,017

Income (loss) from continuing operations

-

-

-

-745,547

16,982

69,582

44,571

14,608

Loss from operations associated with oil and gas properties

-

-

-

0

-85

-644

-927

-3,609

Gain on sale of oil and gas properties

1,177

27,324

0

0

5,496

0

4,192

-

Reorganization items, net (note 15)

0

0

-

-

-

-

-

-

Gain on termination fee

-

-

-

0

0

-

-

-

Other income (expense)

127

800

-

-2,503

345

-43

-

-

Other income (loss)

-

-

-

-

-

-

-132

-110

Total other income (expense)

-38,491

55,792

-

-2,997

75,513

-34,487

-3,341

-6,926

Income (loss) from operations before taxes

67,067

168,186

-

-910,441

28,007

112,508

74,562

27,499

Current income tax benefit (expense) (note 9)

0

0

-

773

149

248

532

-

Deferred income tax benefit (note 10)

-

-

-

-165,667

10,876

42,678

29,459

12,890

Income tax expense

-

-

-

0

2,110

-246

1,313

-1,692

Gain from discontinued operations

-

-

-

0

3,301

-398

1,952

-1,917

Net income (loss)

67,067

168,186

-

-745,547

20,283

69,184

46,523

12,691

Comprehensive income (loss)

67,067

168,186

-

-745,547

20,283

69,184

46,523

12,691

Net income (loss) per common share:
Basic income (loss) per common share from continuing operations (in dollars per share)

-

-

-

-15.57

0.42

1.73

1.12

0.49

Basic income per common share from discontinued operations (in dollars per share)

-

-

-

0.00

0.08

-0.01

-

-

Income from discontinued operations (in dollars per share)

-

-

-

-

-

-

0.05

-0.06

Basic (in dollars per share)

3.25

8.20

-

-15.57

0.50

1.72

1.17

0.43

Diluted income (loss) per common share from continuing operations (in dollars per share)

-

-

-

-15.57

0.41

1.72

1.12

0.49

Diluted income from discontinued operations (in dollars per share)

-

-

-

0.00

0.08

-0.01

-

-

Income from discontinued operations (in dollars per share)

-

-

-

-

-

-

0.05

-0.06

Diluted (in dollars per share)

3.24

8.16

-

-15.57

0.49

1.71

1.17

0.43

Basic (in shares)

20,612

20,507

-

47,874

40,139

39,337

39,052

29,323

Diluted (in shares)

20,681

20,603

-

47,874

40,290

39,403

39,052

29,323

Current income taxes

0

0

-

-

-

-

532

-

Predecessor
Oil and gas sales

-

-

195,295

-

-

-

-

-

Lease operating expense

-

-

43,671

-

-

-

-

-

Severance and ad valorem taxes

-

-

15,304

-

-

-

-

-

Abandonment and impairment of unproved properties

-

-

24,692

-

-

-

-

-

Exploration

-

-

946

-

-

-

-

-

Depreciation, depletion and amortization

-

-

111,215

-

-

-

-

-

Impairment of oil and gas properties

-

-

10,000

-

-

-

-

-

Unused commitments

-

-

-7,686

-

-

-

-

-

Contract settlement expense

-

-

21,000

-

-

-

-

-

General and administrative expense (including $7,156, $11,630, $2,116, and $8,892, respectively, of stock-based compensation)

-

-

77,065

-

-

-

-

-

Total operating expenses

-

-

324,405

-

-

-

-

-

Operating Income (Loss)

-

-

-129,110

-

-

-

-

-

Derivative, Gain (Loss) on Derivative, Net

-

-

-11,234

-

-

-

-

-

Interest expense

-

-

62,058

-

-

-

-

-

Gain on sale of properties

-

-

0

-

-

-

-

-

Total Reorganization Items, Net

-

-

0

-

-

-

-

-

Gain on termination fee

-

-

6,000

-

-

-

-

-

Other income (loss)

-

-

-2,548

-

-

-

-

-

Total other income (expense)

-

-

-69,840

-

-

-

-

-

Income (loss) from operations before taxes

-

-

-198,950

-

-

-

-

-

Current income tax benefit (expense) (note 10)

-

-

0

-

-

-

-

-

Deferred income tax benefit (note 10)

-

-

0

-

-

-

-

-

Net income (loss)

-

-

-198,950

-

-

-

-

-

Comprehensive income (loss)

-

-

-198,950

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Basic

-

-

49,268

-

-

-

-

-

Basic net income (loss) per common share (in dollars per share)

-

-

-4.04

-

-

-

-

-

Diluted net income (loss) per common share (in dollars per share)

-

-

-4.04

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Diluted

-

-

49,268

-

-

-

-

-

Midstream operating expense
Operating expenses

12,014

10,788

-

-

-

-

-

-

Gathering, transportation, and processing
Operating expenses

16,682

9,732

-

-

-

-

-

-