Gastar exploration inc. (GST)
Income statement / Quarterly
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13
Product and Service
Product and Service
NGLs
Transportation, Treating and Gathering
Petroleum Reserves
Type of Reserve
Oil and Condensate
Natural Gas
REVENUES:
Total oil, condensate, natural gas and NGLs revenues

21,514

19,478

-

-

18,228

17,268

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Oil and condensate

-

-

20,982

-

-

-

12,190

12,547

10,306

11,345

8,813

12,896

12,835

17,584

15,353

-

22,793

-

-

-

-

-

-

Oil and condensate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,342

16,778

-

9,381

8,065

5,285

Natural gas

-

-

2,181

-

-

-

2,588

2,460

2,500

1,876

4,018

2,792

3,459

3,950

6,700

7,518

7,151

17,559

15,419

10,303

10,099

12,413

7,601

NGLs

-

-

3,275

-

-

-

2,591

2,152

1,695

1,710

1,695

2,065

791

2,184

2,096

4,693

5,139

4,906

6,644

5,196

4,623

3,412

2,380

Total oil, condensate, natural gas and NGLs revenues

-

-

26,438

-

-

-

17,369

17,159

14,501

14,931

14,526

17,753

17,085

23,718

24,149

33,118

35,083

44,807

38,841

29,248

24,103

23,890

15,266

(Loss) gain on commodity derivatives contracts

-2,925

-9,256

-5,529

-

-2,896

5,378

1,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) gain on commodity derivatives contracts

-

-

-

-

-

-

-

1,128

-1,498

-2,778

285

4,855

11,301

-1,790

10,223

28,330

6,663

-8,910

-6,514

-2,523

-5,263

7,036

-4,002

Total revenues and other (loss) gain

18,589

10,222

20,909

-

15,332

22,646

18,669

-

13,003

12,153

14,811

-

28,386

21,928

34,372

61,448

41,746

35,897

32,327

26,725

18,840

30,926

11,264

EXPENSES:
Production taxes

1,131

614

989

1,155

721

469

485

439

400

364

705

560

655

822

840

1,244

1,558

2,037

1,894

1,539

1,319

1,150

643

Lease operating expenses

5,469

4,771

-

-

6,178

5,146

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease operating expenses

-

-

7,509

-

-

-

5,072

4,776

5,166

4,584

6,079

5,253

5,214

7,242

6,019

6,266

4,136

4,877

4,044

3,260

2,190

2,169

1,837

Transportation, treating and gathering

-

-

0

-

-

-

311

358

338

395

613

533

615

542

497

511

397

2,146

625

620

1,098

1,124

1,164

Depreciation, depletion and amortization

7,460

7,588

8,978

7,253

6,059

6,051

4,652

5,130

5,223

5,591

13,729

16,942

15,394

16,080

14,471

12,407

11,111

10,280

12,382

11,021

8,467

7,596

5,365

Impairment of oil and natural gas properties

0

17,993

-

-

0

0

-

0

0

0

48,497

144,760

181,966

100,152

0

-

0

0

-

-

-

-

-

Accretion of asset retirement obligation

43

40

56

66

62

58

51

82

92

89

105

115

131

131

125

130

129

125

122

110

142

114

102

General and administrative expense

11,567

4,861

8,968

4,360

4,067

4,591

3,824

3,573

3,925

6,272

5,675

3,717

4,683

4,421

4,248

3,827

4,002

3,893

4,763

4,997

3,998

4,964

3,002

Litigation settlement benefit

-

-

-

-

-

-

-

-

10,100

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Litigation settlement expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,000

Total expenses

25,670

35,867

26,500

19,260

17,523

16,755

14,395

14,358

5,044

17,295

75,403

171,880

208,658

129,390

26,200

24,385

21,333

23,358

23,830

21,547

17,214

17,117

13,113

(LOSS) INCOME FROM OPERATIONS

-7,081

-25,645

-5,591

-3,777

-2,191

5,891

4,274

3,929

7,959

-5,142

-60,592

-149,272

-180,272

-107,462

8,172

37,063

20,413

12,539

8,497

5,178

1,626

13,809

-1,849

OTHER INCOME (EXPENSE):
Gain on acquisition of assets at fair value, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

43,712

-

Interest expense

10,468

10,200

9,937

9,211

10,159

8,736

10,849

8,507

8,178

9,263

9,298

8,256

7,933

6,936

7,561

6,777

6,991

6,912

6,891

5,575

3,439

3,545

609

Loss on early extinguishment of debt

0

0

0

0

0

0

-12,172

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Investment income and other

22

23

17

9

51

66

49

-

-

-76

33

-

-

3

3

4

4

4

7

32

8

5

3

Foreign transaction loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1

-4

-2

1

-3

-11

-1

Investment income and other (expense)

-

-

-

-

-

-

-

-

41

-

-

-

4

-

-

-

-

-

-

-

-

-

-

LOSS BEFORE PROVISION FOR INCOME TAXES

-17,527

-35,822

-15,511

-12,979

-12,299

-2,779

-18,698

-4,545

-178

-14,481

-69,857

-157,525

-188,201

-114,395

614

30,290

13,425

5,627

1,611

-16,406

-1,808

53,970

-2,456

Provision for income taxes

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-16,042

0

0

0

NET LOSS

-17,527

-35,822

-15,511

-12,979

-12,299

-2,779

-18,698

-4,545

-178

-14,481

-69,857

-157,525

-188,201

-114,395

614

30,290

13,425

5,627

1,611

-364

-1,808

53,970

-2,456

Dividends on preferred stock

0

3,618

0

0

1,206

3,619

3,618

0

0

0

3,618

3,618

3,618

3,619

3,618

3,619

3,618

3,611

3,576

2,980

2,134

2,134

2,130

Undeclared cumulative dividends on preferred stock

3,618

0

3,618

3,618

2,412

0

0

-

3,618

3,619

-

-

-

-

-

-

-

-

-

-

-

-

-

NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS

-21,145

-39,440

-19,129

-16,597

-15,917

-6,398

-22,316

-8,163

-3,796

-18,100

-73,475

-161,143

-191,819

-118,014

-3,004

26,671

9,807

2,016

-1,965

-3,344

-3,942

51,836

-4,586

NET LOSS PER SHARE OF COMMON STOCK ATTRIBUTABLE TO COMMON STOCKHOLDERS:
Basic (in dollars per share)

-0.10

-0.19

-0.09

-0.06

-0.08

-0.03

-0.14

0.20

-0.03

-0.17

-0.93

-2.08

-2.47

-1.52

-0.04

0.42

0.16

0.03

-0.03

-0.03

-0.07

0.83

-0.07

Diluted (in dollars per share)

-0.10

-0.19

-0.09

-0.06

-0.08

-0.03

-0.14

0.20

-0.03

-0.17

-0.93

-2.08

-2.47

-1.52

-0.04

0.40

0.15

0.03

-0.03

-0.04

-0.07

0.81

-0.07

WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDING:
Basic (shares)

212,192

211,744

209,903

210,029

209,072

199,547

162,829

133,370

129,301

104,009

78,788

77,692

77,628

77,611

77,114

76,168

60,006

58,702

58,204

57,258

57,359

62,398

63,864

Diluted (shares)

212,192

211,744

209,903

210,029

209,072

199,547

162,829

133,370

129,301

104,009

78,788

77,692

77,628

77,611

77,114

82,443

63,399

61,922

58,204

69,436

57,359

63,813

63,864