Battalion Oil Corp HK Income Statement

Battalion oil corp (HK)

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	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	Sep'10	Jun'10
Operating revenues:
Oil, natural gas and natural gas liquids sales:
Total oil, natural gas and natural gas liquids sales
218,576	223,475	218,237	228,919	228,352	225,529	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
1,592	1,210	1,210	1,314	918	1,080	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil
-	-	-	-	-	-	-	-	-	-	-	-	-	-	403,885	462,900	512,346	627,583	793,601	939,703	1,071,319	1,120,472	1,121,459	1,019,737	944,535	786,173	562,993	380,886	223,056	129,868	83,153	85,553	82,968	80,440	80,605	0	0	0
Natural gas
-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,873	19,292	22,509	26,731	29,921	34,651	37,101	35,313	34,522	31,059	27,319	25,850	22,311	16,736	12,735	9,537	8,167	9,709	10,933	13,175	15,445	0	0	0
Natural gas liquids
-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,108	11,493	13,624	19,636	27,294	32,769	37,460	36,984	34,605	29,495	24,564	20,104	15,440	12,839	11,180	9,975	9,389	10,259	10,505	10,832	11,468	0	0	0
Total oil, natural gas and natural gas liquids sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	431,866	493,685	548,479	673,950	850,816	1,007,123	1,145,880	1,192,769	1,190,586	1,080,291	996,418	832,127	600,744	410,461	246,971	149,380	100,709	105,521	104,406	104,447	107,518	0	0	0
Unrealized gains (losses) on derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other
-	-	-	-	-	-	-	-	-	-	2,188	0	0	0	1,690	1,748	1,799	-334	-630	2,183	2,381	5,335	6,016	3,510	3,088	2,881	2,564	1,845	1,351	604	154	153	168	175	174	0	0	0
Total operating revenues
220,168	224,685	219,447	230,233	229,270	226,609	191,542	226,900	291,622	377,965	506,050	0	0	0	433,556	495,433	550,278	673,616	850,186	1,009,306	1,148,261	1,198,104	1,196,602	1,083,801	999,506	835,008	603,308	412,306	248,322	149,984	100,863	105,674	104,574	105,191	109,973	0	0	0
Operating expenses:
Production:
Lease operating
0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease operating
-	-	0	0	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease operating
-	-	-	-	-	-	-	-	-	-	-	-	-	0	82,131	90,383	103,590	115,805	121,651	127,386	130,239	140,206	149,651	150,516	139,182	114,534	91,192	67,662	49,859	36,494	29,660	29,169	30,043	32,121	33,420	0	0	0
Workover and other
5,912	7,235	9,359	9,271	9,859	8,574	4,321	6,487	11,659	21,739	32,723	0	0	0	29,723	25,539	20,862	15,257	16,261	16,518	16,193	14,542	10,798	7,433	6,268	5,399	0	0	-	0	-	-	-	-	-	-	-	-
Taxes other than income
12,965	12,943	12,188	12,733	12,651	12,787	11,420	14,709	22,210	30,757	41,513	0	0	0	40,757	43,907	48,890	65,778	83,986	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Workover and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	-	-	-
Taxes other than income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	72,221	51,422	34,763	19,253	12,582	8,159	7,729	7,214	5,798	5,860	0	0	0
Gathering and other
42,547	46,869	65,365	73,622	68,537	60,090	36,925	29,407	35,263	40,783	49,317	0	0	0	40,692	37,919	40,281	38,871	37,240	35,392	26,719	23,275	19,581	16,485	11,745	7,068	3,362	0	-	0	0	-	-	-	-	-	-	-
Share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Restructuring
5,470	16,323	15,148	11,925	11,298	128	5,583	6,858	6,881	7,535	0	0	0	-	5,729	5,849	2,886	2,664	2,230	1,921	987	4,951	4,951	4,787	4,471	1,181	1,906	2,973	2,406	0	0	0	-	-	-	-	-	-
General and administrative
40,909	41,661	49,410	49,718	51,454	62,056	73,581	93,045	105,712	111,351	128,361	0	0	0	107,019	104,973	87,766	94,520	103,062	108,143	116,532	123,635	127,828	133,611	132,410	143,907	143,269	122,634	111,349	73,796	44,644	36,374	20,609	16,072	16,092	0	0	0
Depletion, depreciation and accretion
98,963	110,908	116,042	115,840	91,511	77,527	61,816	77,446	93,312	110,207	147,687	0	0	0	238,803	300,326	364,204	442,874	501,381	533,657	534,421	532,347	539,860	501,705	463,655	375,887	255,522	166,163	90,284	40,255	23,137	0	-	0	0	-	-	-
Accretion expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Full cost ceiling impairment
-	-	0	0	0	-	-	-	-	-	-	-	-	0	1,878,438	2,569,202	2,626,305	2,193,021	1,681,139	732,506	239,668	970,263	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on sale of oil and natural gas properties
-	-	-	-	-	-7,235	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on sale of Water Assets
-	-3,112	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of oil and natural gas assets
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating property and equipment impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating property and equipment impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Depletion, depreciation and accretion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Total operating expenses
969,668	1,276,662	1,186,505	1,141,346	440,333	134,469	225,253	-221,079	-165,653	-337,458	176,299	0	0	0	2,451,348	3,206,154	3,294,784	2,995,668	2,572,050	1,685,493	1,206,648	1,251,479	2,468,500	2,415,148	2,290,453	1,926,299	552,148	400,207	278,039	171,522	112,102	101,422	84,775	79,413	83,194	0	0	0
Income (loss) from operations
-749,500	-1,051,977	-967,058	-911,113	-211,063	92,140	-33,711	447,979	457,275	715,423	329,751	0	0	0	-2,017,792	-2,710,721	-2,744,506	-2,322,052	-1,721,864	-676,187	-58,387	-53,375	-1,271,898	-1,331,347	-1,290,947	-1,091,291	51,160	12,099	-29,717	-21,538	-11,239	4,252	19,799	25,778	26,779	0	0	0
Other income (expenses):
Net gain (loss) on derivative contracts
132,074	-51,024	124,896	51,033	21,923	92,625	-93,451	-55,460	-19,204	1,291	399	0	0	0	262,299	229,258	310,264	727,172	685,838	652,360	518,956	16,105	-201,609	-46,467	-31,233	-44,026	826	-19,603	-6,126	0	0	0	-	-	-	-	-	-
Interest expense and other
27,921	38,881	50,099	52,492	48,556	43,015	37,811	44,201	53,302	71,097	92,669	0	0	0	216,762	219,362	232,878	218,781	199,254	176,057	145,689	141,067	116,280	84,287	58,198	33,218	24,629	23,076	31,223	25,705	24,992	0	-	0	0	-	-	-
Reorganization items, net
-	0	0	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on extinguishment of debt
-	-	-	-	-	-	-	-	-	-114,931	0	0	0	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on extinguishment of Convertible Note and modification of February 2012 Warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain (loss) on derivative contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Interest expense and other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Total other income (expenses)
99,097	-94,961	73,039	-1,459	-26,633	49,610	-160,128	-157,694	-130,539	-184,737	-180,384	0	0	0	866,009	844,915	830,971	1,058,079	501,131	476,303	373,267	-124,962	-317,889	-130,754	-89,431	-77,244	-23,803	-42,679	-37,349	-39,816	-6,005	-11,590	-14,400	0	0	0	-	-
Income (loss) before income taxes
-650,403	-1,146,938	-894,019	-912,572	-237,696	141,750	-193,839	290,285	326,736	530,686	149,367	0	0	0	-	-	-	-	-	-	-	-	-	0	-	-	-	-30,580	-67,066	-19,781	0	0	-	0	-	-	-	-
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other income (expense)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Income (loss) before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,151,783	-1,865,806	-1,913,535	-1,326,614	-1,547,191	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	0	0	-	0
Income tax benefit (provision)
-	-	0	0	0	-	-	-	-	-5,000	-256	0	0	0	-	-	9,086	4,929	0	0	-	0	-	-	-157,716	-348,220	13,026	-15,482	-13,181	-3,306	8,847	17,476	6,802	9,715	-4,541	0	0	0
Net income (loss)
-600,097	-1,051,147	-894,019	-912,572	-288,002	45,959	-193,839	307,285	343,736	535,686	149,623	0	0	0	-1,160,670	-1,874,979	-1,922,621	-1,331,543	-1,546,095	0	-	0	0	-	-	-	-	-15,098	-53,885	-58,048	-26,091	-24,814	-1,403	12,365	3,318	0	0	0
Non-cash preferred dividend
-	-	-	-	-	-	-	-	-	48,007	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Series A preferred dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,110	15,814	17,517	18,958	0	0	-	0	-	-	-	-	-	-	88,445	0	0	0	-	-	-	-	-	-
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Series A preferred dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Preferred dividends and accretion on redeemable noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	0	75,619	81,834	66,820	44,892	26,437	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) available to common stockholders
-	0	-	-	-	-	-	-	-	487,679	100,825	0	0	0	-1,250,399	-1,972,627	-2,006,958	-1,334,901	-1,271,576	-240,328	282,942	-379,750	-1,426,500	-1,316,795	-1,233,407	-826,101	13,615	-102,441	-142,330	-146,493	-114,536	-25,916	-1,403	0	0	0	-	-
Net income (loss) per share of common stock:
Basic (in dollars per share)
7.07	-0.65	-0.40	-4.03	-2.12	0.93	-0.52	-0.10	-0.02	-1.06	2.85	-0.19	2.07	-5.26	-3.17	-4.72	-1.58	0.21	-10.13	-7.16	3.32	0.45	-0.18	-0.19	-14.18	-2.19	0.10	0.02	0.29	-0.11	-0.59	-0.50	-0.46	0.45	0.34	-0.38	0.02	0.03
Diluted (in dollars per share)
7.07	-0.65	-0.40	-4.03	-2.12	0.93	-0.52	-0.10	-0.02	-0.67	2.82	-0.19	1.69	-5.26	-3.17	-4.72	-1.55	0.18	-10.13	-7.16	2.94	0.36	-0.18	-0.19	-14.15	-2.19	0.08	0.01	0.29	-0.11	-0.59	-0.50	-0.46	0.45	0.34	-0.38	0.02	0.03
Weighted average common shares outstanding:
Basic (in shares)
16,204	16,204	159,143	159,050	158,549	158,206	158,011	157,943	153,884	149,289	146,944	143,545	91,274	91,228	120,708	120,011	-348,929	586,053	109,063	83,937	-912,093	416,470	414,722	413,521	-409,543	392	366,712	346,139	229,248	191,846	136,066	68,816	26,272	26,362	26,278	26,120	78,633	78,446
Diluted (in shares)
16,204	16,204	159,143	159,050	158,549	159,342	158,011	157,943	153,884	130,185	148,490	143,545	112,084	91,228	120,708	120,011	-517,658	754,782	109,063	83,937	-942,565	548,246	414,722	413,521	-521,402	392	441,145	383,565	229,248	191,846	136,066	68,816	26,272	26,362	26,278	26,120	78,633	78,446
Total oil, natural gas and natural gas liquids sales
Total oil, natural gas and natural gas liquids sales
0	-	-	-	0	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil
Total oil, natural gas and natural gas liquids sales
-	0	-	-	-	-	-	-	0	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total oil, natural gas and natural gas liquids sales
199,749	203,349	198,942	201,423	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas
Total oil, natural gas and natural gas liquids sales
0	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total oil, natural gas and natural gas liquids sales
-	-	-	-	-	-	-	-	0	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas liquids
Total oil, natural gas and natural gas liquids sales
18,108	18,300	17,743	19,676	20,370	19,137	0	0	0	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-