Carrizo oil & gas, inc. (CRZO)
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

1,028,315

1,074,696

1,073,702

1,065,942

1,039,399

917,303

819,813

745,888

642,948

572,846

513,687

443,594

399,185

394,245

410,415

429,203

493,056

583,044

653,025

710,187

676,640

624,744

565,493

520,182

497,904

449,772

399,366

368,180

316,499

271,970

238,824

202,167

176,900

158,154

0

0

0

Costs and Expenses
Lease operating

177,908

173,717

164,354

161,596

154,533

148,385

149,282

139,854

128,413

117,821

104,887

98,717

93,819

91,750

92,011

90,052

90,459

89,265

83,268

74,157

62,904

54,819

49,238

46,828

43,798

38,009

33,243

31,471

29,528

29,675

30,071

28,314

28,503

27,377

0

0

0

Production and ad valorem taxes

52,048

54,603

52,937

50,591

57,196

47,833

38,849

32,509

27,198

24,343

21,823

19,046

17,310

16,688

17,096

17,683

20,191

24,320

27,471

29,544

27,790

24,987

21,389

19,811

18,553

16,412

14,956

13,542

11,641

9,517

7,855

5,697

4,424

3,984

0

0

0

Ad valorem taxes

-

-

-

-

-

-

-

7,267

7,385

7,075

6,456

5,559

6,193

7,023

8,292

9,255

9,893

9,872

10,055

8,450

7,422

7,312

8,269

8,701

8,423

8,625

8,058

9,813

9,165

7,864

6,549

3,625

3,447

2,889

0

0

0

Depreciation, depletion and amortization

320,808

318,721

310,385

299,530

298,576

286,032

272,674

262,589

234,488

215,873

208,767

213,962

226,069

258,376

285,741

300,035

322,929

325,245

326,660

317,383

291,616

263,406

233,188

214,291

196,121

187,277

180,129

165,993

148,469

122,276

99,491

84,606

67,690

58,444

0

0

0

General and administrative, net

65,749

65,093

66,057

68,617

75,269

78,487

71,818

66,229

65,254

67,344

75,372

74,972

71,391

57,479

56,950

67,224

66,427

71,758

80,345

77,029

89,251

99,428

89,580

77,492

65,456

58,095

53,346

48,708

50,462

42,820

43,829

41,539

37,930

40,968

0

0

0

(Gain) loss on derivatives, net

128,126

41,184

-46,979

6,709

-238,805

-207,794

-114,015

-59,103

7,869

43,990

-34,310

-49,073

26,727

43,735

83,375

99,261

233,350

276,381

249,026

201,907

9,222

-90,219

-24,543

-18,417

-12,090

850

13,014

31,371

37,864

78,238

52,413

48,423

59,054

36,612

0

0

0

Interest expense, net

68,087

65,772

63,347

62,413

65,042

70,309

75,816

80,870

82,840

83,357

81,261

79,403

76,705

71,723

69,712

69,195

68,017

64,010

58,942

53,171

48,879

50,080

52,138

54,689

39,227

43,899

46,677

48,158

64,295

59,607

55,247

50,998

48,404

44,863

0

0

0

Impairment of proved oil and gas properties

-

-

-

-

-

-

-

-

-

-

-

576,540

988,155

1,695,850

1,498,780

1,224,367

812,752

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Loss on extinguishment of debt

-910

-910

-910

-9,586

-12,846

-12,846

-12,846

-4,170

0

0

0

-

-

-

-

-38,137

-38,137

-38,137

0

-

0

0

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

Capitalized interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,298

22,244

22,606

23,369

-10,481

-21,502

0

0

0

Other (income) expense, net

-708

1,107

-4,554

-296

-2,822

-3,974

-1,283

-2,157

-1,868

-1,905

-2,863

-1,796

-2,055

-5,072

-4,191

-11,276

-11,403

-8,436

-8,568

-2,150

-1,446

-869

-429

185

108

100

95

267

-624

-627

-650

-800

84

16

0

0

0

Total Costs and Expenses

568,514

646,947

719,945

656,342

906,580

858,887

740,883

654,748

539,577

578,785

837,866

1,119,068

1,454,970

2,160,226

1,987,535

1,727,963

1,206,858

354,662

346,283

359,977

565,463

636,497

524,151

485,421

407,349

342,470

335,640

286,047

249,564

212,436

188,058

164,016

142,266

136,647

0

0

0

Operating Income (Loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

66,935

59,534

50,766

38,151

34,634

21,507

0

0

0

Accretion related to asset retirement obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

299

284

263

235

272

254

0

0

0

Income Before Income Taxes

459,801

427,749

353,757

409,600

132,819

58,416

78,930

91,140

103,371

-5,939

-324,179

-675,474

-1,055,785

-1,765,981

-1,577,120

-1,298,760

-713,802

228,382

306,742

350,210

111,177

-11,753

41,342

34,761

96,673

86,565

70,145

82,133

65,159

102,929

72,311

58,145

67,010

33,877

0

0

0

Income tax (expense) benefit

-167,628

-172,725

-174,541

5,173

5,712

4,832

4,349

4,030

0

-313

-121

0

-419

-103,021

-129,316

-140,875

-66,039

84,380

112,556

127,927

40,560

-5,085

15,387

12,903

35,837

33,386

27,120

30,956

28,331

42,513

29,836

25,611

24,056

10,781

0

0

0

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,157,885

-647,763

144,002

194,186

222,283

70,617

-6,668

25,955

21,858

60,836

53,179

43,025

51,177

0

0

0

-

-

-

-

-

-

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,731

7,033

6,704

4,971

4,060

-2,522

-4,505

-2,478

21,825

25,326

27,532

29,221

4,310

0

0

0

-

-

-

-

-

-

Net Income (loss)

627,429

600,474

528,298

404,427

127,107

53,584

74,581

87,110

103,371

-5,626

-324,058

-675,474

-1,054,860

-1,661,333

-1,445,339

-1,155,154

-640,730

150,706

199,157

226,343

68,095

-11,173

23,477

43,683

86,162

80,711

72,246

55,487

43,506

66,079

45,317

36,629

42,954

23,096

0

0

0

Dividends on preferred stock

17,653

17,636

17,658

18,161

19,326

17,118

12,644

7,781

2,249

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion on preferred stock

3,296

3,198

3,105

3,057

3,126

2,355

1,615

862

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on redemption of preferred stock

0

0

0

-7,133

-7,133

-7,133

-7,133

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income Attributable to Common Shareholders

606,480

579,640

507,535

376,076

97,522

26,978

53,189

78,467

727

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income Attributable to Common Shareholders Per Common Share
Income (Loss) from Continuing Operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13.75

-0.92

-0.46

2.85

1.83

0.07

0.15

-0.55

0.14

0.89

0.06

0.42

-0.05

0.65

0.27

-

-

-

-

-

-

Net income from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.02

0.02

0.00

0.11

0.02

-0.02

-0.02

-0.07

-0.03

0.03

0.60

0.04

0.03

0.07

-0.03

-

-

-

-

-

-

Increase in fair value of investment in Pinnacle, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

COMPREHENSIVE INCOME (LOSS)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Income (loss) per share, basic (in dollars per share)

1.11

1.10

1.59

2.97

0.88

0.37

0.18

-0.47

0.07

0.86

0.61

0.25

-1.72

-4.46

-5.34

-7.36

-13.73

-0.90

-0.46

2.96

1.85

0.05

0.13

-0.62

0.11

0.92

0.66

0.46

-0.02

0.72

0.24

0.16

0.56

0.20

0.02

0.37

0.05

Net income (loss) from continuing operations, diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13.75

-0.92

-0.46

2.80

1.80

0.07

0.14

-0.55

0.14

0.88

0.06

0.42

-0.05

0.64

0.27

-

-

-

-

-

-

Net income from discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.02

0.02

0.00

0.10

0.02

-0.02

-0.01

-0.06

-0.03

0.03

0.59

0.04

0.03

0.07

-0.03

-

-

-

-

-

-

Income (loss) per share, diluted (in dollars per share)

1.11

1.10

1.58

2.93

0.85

0.36

0.18

-0.47

0.07

0.85

0.61

0.25

-1.72

-4.46

-5.34

-7.36

-13.73

-0.90

-0.46

2.90

1.82

0.05

0.13

-0.61

0.11

0.91

0.65

0.46

-0.02

0.71

0.24

0.15

0.55

0.20

0.02

0.37

0.05

Weighted Average Common Shares Outstanding
Basic (in shares)

92,561

92,497

91,740

91,709

86,727

82,058

81,542

81,676

81,053

65,767

65,188

63,617

58,945

58,806

58,360

56,657

51,543

51,225

46,403

46,015

45,257

45,213

45,003

42,882

40,386

40,078

39,778

39,689

39,634

39,596

39,445

39,713

38,914

38,898

38,783

34,730

34,060

Diluted (in shares)

92,762

92,700

92,292

93,102

89,039

83,853

82,578

83,148

81,138

65,908

65,778

63,617

58,945

58,806

58,360

56,657

51,543

51,225

46,403

46,755

46,029

46,158

45,834

43,550

40,927

40,610

40,333

40,511

39,634

40,042

39,917

40,401

39,368

39,497

39,406

35,101

34,464

Oil and Condensate
Revenues

916,421

934,793

919,379

911,554

889,476

787,052

700,060

633,233

546,314

489,367

438,169

378,073

341,300

341,383

361,032

376,094

430,434

508,474

563,179

610,483

579,828

524,348

464,191

421,311

0

0

0

-

-

-

-

-

-

-

-

-

-

Natural Gas Liquids
Revenues

68,436

89,410

96,520

96,585

91,696

70,365

56,882

47,405

34,987

28,136

26,413

22,428

19,125

16,839

14,575

15,608

16,983

21,451

23,635

25,050

23,667

21,894

18,677

15,530

0

0

0

-

-

-

-

-

-

-

-

-

-

(Gain) loss on derivatives, net

5,452

366

-6,198

-4,439

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Natural Gas, Production
Revenues

43,458

50,493

57,803

57,803

58,227

59,886

62,871

65,250

61,647

55,343

49,105

43,093

38,760

36,023

34,808

37,501

45,639

53,119

66,211

74,654

73,145

78,502

82,625

83,341

0

0

0

-

-

-

-

-

-

-

-

-

-