EARTHSTONE ENERGY INC ESTE Income Statement

Earthstone energy inc (ESTE)

Income statement / TTM

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	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	Dec'10	Sep'10	Jun'10
REVENUES
Revenues
195,672	191,262	165,709	172,581	165,189	165,356	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil
-	-	-	-	-	-	-	-	-	-	72,275	54,804	41,338	34,358	30,161	32,284	36,350	39,849	41,028	39,559	35,904	34,734	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas
-	-	-	-	-	-	-	-	-	-	8,008	6,912	5,797	5,046	3,350	3,904	4,870	5,457	7,391	7,533	8,144	9,367	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas liquids
-	-	-	-	-	-	-	-	-	-	7,271	5,086	3,667	2,865	1,837	1,663	1,812	2,158	2,832	3,083	3,228	3,510	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Well service and water-disposal revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	74	120	218	282	396	353	307	238	156	159	164	151	107	0	0	0
Total revenues
-	-	-	-	-	-	-	-	-	108,078	87,554	66,802	50,802	42,269	33,448	35,998	42,954	47,464	52,858	51,833	47,245	47,611	40,360	32,977	24,427	16,129	14,489	12,626	11,378	10,766	11,798	11,534	11,712	11,394	9,515	8,967	8,206	0	0	0
OPERATING COSTS AND EXPENSES
Lease operating expense
31,961	28,683	26,162	23,746	20,150	18,746	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease operating expense
-	-	-	-	-	-	-	-	-	-	18,975	18,149	16,247	15,067	13,752	13,309	14,207	15,422	14,963	13,361	11,498	9,422	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil and gas production
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,957	3,678	3,499	3,454	3,453	3,462	3,579	3,582	3,543	3,675	3,439	3,230	2,941	0	0	0
Production and ad valorem taxes
12,300	11,871	10,282	10,678	10,393	9,836	8,470	7,804	7,307	6,060	4,485	3,419	2,606	2,198	1,878	2,102	2,334	2,582	2,645	2,380	2,143	2,002	1,947	1,897	1,697	1,482	1,253	1,084	971	946	1,057	995	937	871	651	598	586	0	0	0
Rig idle expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Re-engineering and workovers
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	675	675	629	708	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rig idle and termination expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of Oil and Gas Properties
-	-	0	-	-	-	0	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation, depletion and amortization
79,894	69,243	56,487	55,250	51,865	47,568	42,019	39,507	38,734	36,915	37,943	32,762	28,321	25,937	24,775	27,733	30,809	31,228	28,088	25,249	20,958	18,414	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Well service and water-disposal
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	108	108	108	94	60	42	23	6	0	0	0	-	-	-	-
Well service and water disposal
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Depletion and depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,881	3,487	3,028	2,509	2,017	1,660	1,446	1,214	1,116	1,111	1,022	1,102	1,165	0	0	0
Accretion of asset retirement obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	202	197	188	183	177	177	177	174	172	167	167	167	166	0	0	0
General and administrative expense
27,668	27,611	28,870	27,584	27,842	27,346	27,704	30,055	30,154	27,067	20,625	15,615	10,220	9,414	9,167	9,332	9,826	9,711	9,519	8,671	7,989	6,830	5,444	4,501	3,392	2,628	2,669	2,637	2,625	2,631	2,435	2,315	2,076	1,829	1,748	1,571	1,515	0	0	0
Stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transaction costs
1,551	1,077	13,857	14,707	14,707	14,337	948	165	3,929	4,732	5,518	6,255	2,774	2,483	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of asset retirement obligation
204	214	201	193	182	169	184	212	323	434	525	596	575	551	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Exploration expense
0	-	-	-	0	-	-	-	-	-	-	0	-	5	147	0	0	-	-	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating costs and expenses
214,903	139,352	140,237	137,369	130,350	123,213	103,476	101,717	171,304	167,058	0	0	0	-	197,275	198,096	198,338	-	76,770	71,299	64,038	58,197	30,419	23,221	16,739	11,580	10,745	9,975	9,337	8,936	8,736	8,303	7,850	7,667	7,041	6,682	6,384	0	0	0
Total oil, natural gas, and natural gas liquids revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	40,083	32,753	24,276	16,009	14,271	12,344	10,982	10,413	11,491	11,296	11,556	11,235	9,351	8,816	8,099	0	0	0
Gathering income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on sale of oil and gas properties
3,551	3,222	-3,135	1,081	1,345	1,919	9,865	7,926	9,554	9,105	0	0	0	-	0	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) income from operations
-15,680	55,132	22,337	36,293	36,184	44,062	66,186	51,212	-28,120	-49,875	-90,416	-103,278	-42,618	-46,021	-162,202	-160,481	-153,767	-149,229	-23,912	-19,466	-16,793	-10,586	9,941	9,756	7,688	4,549	3,744	2,651	2,041	1,830	3,062	3,231	3,862	3,727	2,474	2,285	1,822	0	0	0
OTHER INCOME (EXPENSE)
Interest expense, net
-6,853	-6,566	-5,845	-4,801	-3,734	-2,898	-2,614	-2,952	-2,975	-2,699	-2,221	-1,659	-1,396	-1,282	-1,149	-977	-776	-722	-656	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write off of Deferred Debt Issuance Cost
-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on derivative contracts, net
103,695	-43,983	74,881	38,674	18,328	60,947	-45,729	-31,911	-17,721	-7,986	16	4,625	-2,943	-6,638	-608	3,612	6,522	6,431	8,728	6,051	6,094	4,392	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Litigation settlement
-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
34	-96	-188	-172	237	247	448	345	-15	-20	-36	42	56	-72	-31	84	202	423	416	312	152	62	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	73	68	69	68	62	66	16	70	75	69	71	16	12	0	0	0
Interest and other expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	173	143	97	54	21	6	4	3	6	-4	29	29	26	0	0	0
Total other income (expense)
95,634	-51,887	68,948	29,026	10,156	53,621	-52,670	-34,518	-21,237	-11,231	-2,767	2,482	-4,283	-7,992	-1,788	2,719	5,948	6,132	8,486	5,725	5,625	3,857	-228	-2,628	-1,229	-75	-28	14	41	60	12	67	69	73	42	-13	-14	0	0	0
Income (loss) before income taxes
79,954	3,245	91,285	65,319	46,340	97,683	13,516	16,694	-49,357	-61,106	-93,183	-100,796	-46,901	-54,013	-163,990	-157,762	-147,819	-143,097	-15,426	-13,741	-11,168	-6,729	9,713	7,128	6,459	4,474	3,716	2,665	2,082	1,890	3,074	3,298	3,931	3,800	2,516	2,272	1,808	0	0	0
Current income tax expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-390	64	106	77	62	151	171	189	240	145	100	99	104	0	0	0
Deferred income tax expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,515	906	669	385	240	-121	261	225	412	684	523	284	102	0	0	0
Income tax (expense) benefit
3,217	1,665	3,079	2,676	1,761	2,470	-6,208	-6,474	-16,086	-16,373	0	0	0	-	0	0	-	-26,442	0	0	0	-	-	-	1,125	970	775	462	302	30	432	414	652	829	623	383	206	0	0	0
Net income (loss)
76,737	1,580	88,206	62,643	44,579	95,213	19,724	23,168	-33,271	-44,733	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to noncontrolling interest
42,106	861	48,776	34,716	24,779	52,888	11,205	13,317	-25,349	-32,219	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to Earthstone Energy, Inc.
34,631	719	39,473	27,927	19,800	42,325	8,519	9,851	-7,922	-12,514	-47,886	-53,342	-47,391	-54,541	-138,004	-132,386	-121,962	-116,655	-37,462	-34,966	-32,688	-28,834	9,417	6,427	5,590	3,504	2,941	2,203	1,780	1,860	2,642	2,884	3,279	2,971	1,893	1,889	1,602	0	0	0
Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.46	-	0.12	-0.05	-0.08	-4.04	0.46	0.17	0.30	0.54	0.72	0.40	0.37	0.22	0.28	0.16	0.42	0.68	0.43	0.39	0.25	0.04	0.43	0.22
Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.46	-	0.12	-0.05	-0.08	-4.04	0.46	0.17	0.30	0.54	0.72	0.40	0.37	0.22	0.28	0.16	0.42	0.68	0.43	0.39	0.25	0.04	0.43	0.22
Net income (loss) per common share attributable to Earthstone Energy, Inc.:
Basic (in dollars per share)
0.57	-0.09	0.41	0.30	-0.60	1.28	0.01	0.02	0.19	0.12	0.07	-0.75	0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in dollars per share)
0.57	-0.09	0.41	0.30	-0.60	1.28	0.01	0.02	0.19	0.12	0.07	-0.75	0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.17	-0.69	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted average common shares outstanding:
Basic (in shares)
29,497	29,285	29,032	28,895	28,719	28,586	28,257	27,987	27,783	26,449	22,905	22,728	22,276	-	-	-	13,820	-	13,835	13,835	13,858	9,743	9,124	9,124	9,124	1,732	1,710	1,710	1,720	1,720	1,720	1,720	1,706	1,706	1,710	1,712	1,774	1,697	1,683	1,686
Diluted (in shares)
29,497	30,462	29,032	29,228	28,719	28,611	28,311	28,036	27,911	26,141	22,905	22,728	22,585	-	-	-	13,820	-	13,835	13,835	13,858	9,743	9,124	9,124	9,124	1,732	1,710	1,710	1,720	1,720	1,720	1,720	1,706	1,706	1,710	1,712	1,758	1,697	1,699	1,686
Basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,289	16,121	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil
Revenues
177,490	171,925	147,321	150,669	141,805	140,775	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas
Revenues
3,905	3,913	3,265	4,152	5,806	7,396	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas liquids
Revenues
14,277	15,424	15,123	17,760	17,578	17,185	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-