CENTENNIAL RESOURCE DEVELOPMENT, INC. CDEV Income Statement

Centennial resource development, inc. (CDEV)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	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
Operating revenues
Oil and gas sales
192,769	256,392	229,130	244,239	214,569	222,504	234,880	217,763	215,898	166,130	111,611	91,064	61,097	29,717	0	0	0
Operating expenses
Lease operating expenses
32,639	38,899	42,330	34,885	29,862	24,149	23,706	19,182	16,276	14,412	11,373	8,273	7,278	3,541	-	-	-
Severance and ad valorem taxes
16,573	17,681	12,213	17,186	16,120	13,732	14,410	14,208	14,173	8,815	6,448	4,723	3,187	1,636	-	-	-
Gathering, processing and transportation expenses
16,939	20,714	20,853	16,243	15,024	12,410	16,090	15,296	13,828	11,687	9,925	7,403	5,244	2,187	-	-	-
Depreciation, depletion and amortization
101,258	122,851	112,720	112,114	96,558	102,083	83,423	74,946	66,010	58,781	42,387	34,300	26,160	14,877	-	-	-
Impairment of Oil and Gas Properties
611,300	-	-	-	31,264	-	-	-	-	-	-	-	-	-	-	-	-
Impairment and abandonment expense
-	-	6,745	4,418	-	740	8,612	1,784	0	0	0	0	-29	0	-	-	-
Exploration expense
4,009	2,144	2,869	3,861	2,516	1,942	2,712	1,867	3,447	10,281	1,622	1,289	1,181	1,468	-	-	-
General and administrative expenses
18,870	22,567	20,036	18,435	18,118	18,637	16,561	13,809	14,297	13,865	13,311	11,822	10,884	13,091	777	202	29
Share-based Goods and Nonemployee Services Transaction, Modification of Terms, Incremental Compensation Cost
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Total operating expenses
801,588	229,674	217,766	207,142	209,462	173,693	165,514	141,092	128,031	117,841	85,066	67,810	53,905	36,800	-	-	-
Gain (Loss) on Disposition of Property Plant Equipment
245	-842	-22	9	-2	549	52	-141	15	1,580	-141	7,191	166	24	-	-	-
Income (loss) from operations
-608,574	25,876	11,342	37,106	5,105	49,375	69,418	76,530	87,867	57,085	26,545	23,254	7,192	-7,083	-777	-202	-29
Interest expense
16,421	16,148	15,246	14,437	10,160	8,220	6,534	5,791	5,813	3,597	1,015	707	410	378	-	-	-
Net gain (loss) on derivative instruments
-8,505	660	1,522	2,128	-5,871	367	-9,571	16,697	7,843	-254	-896	2,529	3,759	-1,548	-	-	-
Other income (expense)
-53	13	62	133	126	12	13	-14	-3	0	0	0	0	0	-	-	-
Total other income (expense)
-24,979	-15,475	-13,662	-12,176	-15,905	-7,856	-16,092	10,892	2,042	-11,067	-2,052	9,013	3,515	-1,902	-	-	-
Income (loss) before income taxes
-633,553	10,401	-2,320	24,930	-10,800	41,519	53,326	87,422	89,909	46,018	24,493	32,267	10,707	-8,985	-	-	-
Income tax benefit
-83,208	739	1,393	5,928	-2,263	8,711	11,652	19,940	19,137	12,628	8,233	9,069	0	0	-	-	-
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-550,345	9,662	-3,713	19,002	-8,537	32,808	41,674	67,482	70,772	33,390	16,260	23,198	10,707	-8,985	-	-	-
Less: Net (income) loss attributable to noncontrolling interest
-2,362	44	-128	1,125	-425	1,828	2,386	3,941	4,682	2,854	1,813	2,436	884	-904	-	-	-
Other income - investment income on Trust Account
-	-	-	-	-	-	-	-	-	-	-	-	-	-	252	234	62
Net income (loss) attributable to Class A Common Stock
-547,983	9,618	-3,585	17,877	-8,112	30,980	39,288	63,541	66,090	30,536	14,447	20,762	9,823	-8,081	-524	31	32
Income (loss) per share of Class A Common Stock:
Basic (USD per share)
-1.99	0.03	-0.01	0.07	-0.03	0.12	0.15	0.24	0.25	0.13	0.06	0.09	0.04	-0.05	-	-	-
Diluted (USD per share)
-1.99	0.03	-0.01	0.07	-0.03	0.11	0.15	0.24	0.25	0.13	0.06	0.09	0.04	-0.05	-	-	-
Weighted Average Number of Shares Outstanding, Basic and Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,674	14,622	29,022
Net income per common share - basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.04	0.00	-
Predecessor
Basic (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-0.05	-	-	-
Diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-0.05	-	-	-