Battalion oil corp (HK)
Income statement / Yearly
Dec'18Dec'17Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating revenues:
Oil, natural gas and natural gas liquids sales:
Total oil, natural gas and natural gas liquids sales

225,529

375,837

-

-

-

-

-

-

-

Other

1,080

2,128

-

-

-

-

-

-

-

Oil

-

-

512,346

1,071,319

944,535

223,056

82,968

76,563

66,281

Natural gas

-

-

22,509

37,101

27,319

12,735

10,933

20,265

20,818

Natural gas liquids

-

-

13,624

37,460

24,564

11,180

10,505

14,156

11,068

Total oil, natural gas and natural gas liquids sales

-

-

548,479

1,145,880

996,418

246,971

104,406

110,984

98,167

Unrealized gains (losses) on derivatives

-

-

-

-

-

-

-

-

-30,561

Other

-

-

1,799

2,381

3,088

1,351

168

157

217

Total operating revenues

226,609

377,965

550,278

1,148,261

999,506

248,322

104,574

111,141

87,078

Operating expenses:
Production:
Lease operating

25,075

61,743

-

-

-

-

-

-

-

Lease operating

-

-

103,590

130,239

139,182

49,859

30,043

30,148

37,455

Workover and other

8,574

21,739

20,862

16,193

6,268

4,429

1,967

-

-

Taxes other than income

12,787

30,757

48,890

106,331

88,622

-

-

-

-

Workover and other

-

-

-

-

-

-

-

1,596

-

Taxes other than income

-

-

-

-

-

19,253

7,214

8,486

5,320

Gathering and other

60,090

40,783

40,281

26,719

11,745

459

885

-

-

Share-based compensation

-

-

-

-

-

-

-

-

2,179

Restructuring

128

7,535

2,886

987

4,471

2,406

1,071

-

-

General and administrative

62,056

111,351

87,766

116,532

132,410

111,349

20,609

17,633

16,667

Depletion, depreciation and accretion

77,527

110,207

364,204

534,421

463,655

90,284

22,986

28,752

-

Accretion expense

-

-

-

-

-

-

-

-

1,976

Full cost ceiling impairment

-

-

2,626,305

239,668

1,147,771

-

-

-

47,613

(Gain) loss on sale of oil and natural gas properties

-7,235

721,573

-

-

-

-

-

-

-

(Gain) loss on sale of Water Assets

119,003

-

-

-

-

-

-

-

-

Other operating property and equipment impairment

-

-

-

35,558

67,454

-

-

-

-

Goodwill impairment

-

-

-

-

228,875

-

-

-

-

Depletion, depreciation and accretion

-

-

-

-

-

-

-

-

31,650

Total operating expenses

134,469

-337,458

3,294,784

1,206,648

2,290,453

278,039

84,775

86,615

142,860

Income (loss) from operations

92,140

715,423

-2,744,506

-58,387

-1,290,947

-29,717

19,799

24,526

-55,782

Other income (expenses):
Net gain (loss) on derivative contracts

92,625

1,291

310,264

518,956

-31,233

-6,126

3,479

1,193

-

Interest expense and other

43,015

71,097

232,878

145,689

58,198

31,223

17,879

22,307

-

Gain (loss) on extinguishment of debt

-

-114,931

761,804

-

-

-

-

-

-

Gain (loss) on extinguishment of Convertible Note and modification of February 2012 Warrants

-

-

-8,219

-

-

-

-

-

-

Net gain (loss) on derivative contracts

-

-

-

-

-

-

-

-

19,255

Interest expense and other, net

-

-

-

-

-

-

-

-

18,590

Total other income (expenses)

49,610

-184,737

830,971

373,267

-89,431

-37,349

-14,400

-21,114

-

Income (loss) before income taxes

141,750

530,686

-

-

-

-67,066

5,399

3,412

-

Interest income

-

-

-

-

-

-

-

-

82

Other income (expense)

-

-

-

-

-

-

-

-

-440

Income (loss) before income taxes

-

-

-1,913,535

314,880

-1,380,378

-

-

-

-74,730

Income tax benefit (provision)

95,791

-5,000

9,086

-1,076

-157,716

-13,181

6,802

995

-16,347

Net income (loss)

45,959

535,686

-1,922,621

315,956

-1,222,662

-53,885

-1,403

2,417

-58,383

Non-cash preferred dividend

-

48,007

-

-

-

-

-

-

-

Series A preferred dividends

-

-

17,517

19,838

10,745

88,445

-

-

-

Preferred dividends and accretion on redeemable noncontrolling interest

-

-

66,820

13,176

-

-

-

-

-

Net income (loss) available to common stockholders

45,959

487,679

-2,006,958

282,942

-1,233,407

-142,330

-1,403

2,417

-

Net income (loss) per share of common stock:
Basic (in dollars per share)

0.29

3.67

-18.66

3.40

-16.25

-0.91

-0.05

0.09

-2.26

Diluted (in dollars per share)

0.29

3.65

-18.66

2.93

-16.25

-0.91

-0.05

0.09

-2.26

Weighted average common shares outstanding:
Basic (in shares)

157,011

132,763

107,531

83,155

75,925

156,494

26,258

26,142

25,867

Diluted (in shares)

157,295

133,576

107,531

108,481

75,925

156,494

26,258

26,142

25,867

Oil
Total oil, natural gas and natural gas liquids sales

199,601

340,674

-

-

-

-

-

-

-

Total oil, natural gas and natural gas liquids sales

199,601

340,674

-

-

-

-

-

-

-

Natural gas liquids
Total oil, natural gas and natural gas liquids sales

19,137

18,969

-

-

-

-

-

-

-