Isramco inc (ISRL)
Income statement / Quarterly
Jun'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'11Dec'10Sep'10Jun'10Mar'10
Revenues and other
Oil and gas sales

10,538

11,318

11,546

12,655

11,783

10,984

10,870

11,223

10,733

11,064

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Production services

7,816

9,432

8,715

9,420

7,927

5,763

5,035

5,073

4,689

3,468

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Office services

134

131

130

130

131

136

136

139

142

137

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Oil and gas sales

-

-

-

-

-

-

-

-

-

-

-

10,888

9,945

9,090

9,444

11,230

10,999

10,525

13,541

18,602

15,185

14,690

14,572

14,444

13,800

8,472

9,972

9,931

10,282

10,217

10,673

11,002

11,571

10,982

10,182

9,789

9,403

9,955

Production services

-

-

-

-

-

-

-

-

-

-

-

3,229

3,001

3,298

5,050

5,615

5,985

5,815

7,197

8,886

7,482

6,414

5,764

4,833

2,993

2,704

3,181

2,617

2,368

1,113

-

-

-

-

-

-

-

-

Office services

-

-

-

-

-

-

-

-

-

-

-

139

142

151

160

155

161

158

159

141

189

134

120

195

179

148

155

157

147

105

-16

148

152

153

223

123

107

202

Gain on divestiture

0

0

471

509

0

472

0

25

2,678

0

-

0

600

-

-

6,554

1,824

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

134

135

146

132

151

138

153

114

137

131

110

166

182

154

178

274

242

140

250

56

377

130

161

113

66

128

75

50

31

29

21

27

24

15

2,175

16

17

8

Total revenues and other

18,622

21,016

21,008

22,846

19,992

17,493

16,194

16,574

18,379

14,800

13,957

14,422

13,870

12,693

14,832

23,828

19,211

16,638

21,612

27,685

23,233

21,368

20,617

19,585

17,038

11,452

13,383

12,755

12,828

11,464

11,574

11,177

11,747

11,150

12,580

9,928

9,527

10,165

Operating expenses
Lease operating expense, transportation and taxes

2,257

2,429

-

-

2,360

2,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease operating expense, transportation and taxes

-

-

-

2,482

-

-

-

2,631

2,296

2,186

-

3,345

3,571

3,783

5,302

5,778

5,918

4,804

6,157

6,872

6,143

4,689

3,856

3,059

1,903

2,019

2,157

1,941

1,483

846

-

-

-

-

-

-

-

-

Lease operating expense, transportation and taxes

-

-

-

-

-

-

-

-

-

-

-

2,307

2,303

2,359

3,154

3,775

3,724

4,175

3,910

5,138

5,399

4,619

5,125

5,150

5,170

4,529

5,264

5,015

4,841

4,617

4,127

5,116

6,610

5,128

4,798

5,142

5,054

4,900

Depreciation, depletion and amortization

1,373

1,330

1,350

1,447

1,455

1,291

1,046

1,540

1,436

1,504

2,183

1,549

1,456

1,479

2,495

2,643

2,551

2,255

2,527

3,041

2,745

2,513

4,794

2,459

2,431

2,503

2,684

3,192

2,981

2,493

1,044

3,018

2,923

2,997

1,636

3,794

3,542

3,170

Impairments of oil and gas assets and equipment

-

-

-

-

-

-

-

-

-

-

3,946

0

0

583

-

22,781

1,838

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion expense

219

215

216

195

228

230

234

231

226

222

229

227

221

220

219

216

213

208

227

225

218

204

238

224

225

215

220

221

217

217

219

216

210

208

210

231

204

204

Production services

7,820

8,514

7,834

8,607

7,360

5,585

4,859

4,609

4,831

3,942

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) from plug and abandonment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

217

-3

-7

149

175

108

37

57

113

1,300

0

0

0

Loss (gain) from plug and abandonment

49

-62

-

2

-154

-58

-

0

-4

-22

-

0

-6

30

-

-33

-1

-2

-

-23

-1

2

-

-3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

General and administrative

2,138

1,454

2,893

1,251

1,205

1,365

1,964

1,103

1,210

1,178

2,013

1,093

1,174

1,086

2,413

1,482

1,148

1,097

1,968

1,086

946

1,309

1,820

885

839

1,190

1,247

1,176

892

1,190

1,479

907

927

1,125

2,367

855

1,002

899

Total operating expenses

13,758

14,004

15,855

13,980

12,762

10,829

12,150

10,114

10,003

9,054

14,143

8,521

8,731

9,480

32,723

36,708

15,393

12,541

34,356

16,385

15,452

13,332

38,994

11,780

10,574

10,673

12,794

11,538

10,563

9,538

11,686

9,294

10,727

9,571

11,272

10,124

10,144

9,519

Operating income

4,864

7,012

5,153

8,866

7,230

6,664

4,044

6,460

8,376

5,746

-186

5,901

5,139

3,213

-17,891

-12,880

3,818

4,097

-12,744

11,300

7,781

8,036

-18,377

7,805

6,464

779

589

1,217

2,265

1,926

-112

1,883

1,020

1,579

1,308

-196

-617

646

Other expenses
Interest expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,697

-1,658

4,847

-1,659

-1,619

-1,569

-1,602

-1,625

-1,553

-1,559

-

-

-

-

-

-

-

-

Interest expense, net

933

1,184

-

1,218

1,333

1,217

-

1,216

1,207

1,188

-

1,235

1,200

1,180

-

1,160

0

0

-

2

-

-

-

-

-

-

-

-

-

-

-

1,987

1,950

2,113

1,806

1,923

1,955

1,962

Interest expense – related party, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-88

0

1,478

1,488

-

1,718

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) from derivative contracts, net

-513

-333

-654

186

283

865

601

-225

-421

-131

1,513

181

-680

-1,671

418

-1,734

-672

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of equipment

-

2

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from derivative contracts, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized gain on marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

3,650

-

15,910

0

-

-

-

-

-

Net gain on derivative contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-1,341

3,222

-1,662

-4,565

6,801

2,931

-6,089

-3,864

-1,683

4,036

3,373

Currency exchange rate differences

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

0

0

16

-

-

-

-

-

-

-

-

Capital loss

-3

-

-

0

-11

-

-

33

0

-

-15

-38

0

-17

-5

-53

-17

-10

295

104

-13

2

-

-89

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital (gain) loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

6

-

0

0

0

-

-

-

-

-

-

-

-

Total other expenses

-1,449

-1,515

-1,854

-1,032

-1,061

-352

-460

-1,408

-1,628

-1,319

296

-1,092

-1,880

-2,868

-771

-2,947

-2,167

-1,498

-1,403

-1,616

-1,710

-1,656

-1,681

-1,748

-1,619

-1,563

-1,603

-2,966

1,669

445

-6,512

20,724

981

-8,202

-5,670

-3,606

2,081

1,411

Income before income taxes

3,415

5,497

3,299

7,834

6,169

6,312

3,584

5,052

6,748

4,427

110

4,809

3,259

345

-18,662

-15,827

1,651

2,599

-14,147

9,684

6,071

6,380

-20,058

6,057

4,845

-784

-1,014

-1,749

3,934

2,371

-6,624

22,607

2,001

-6,623

-4,362

-3,802

1,464

2,057

Income tax expense

1,705

1,863

1,753

1,941

1,786

1,658

39,563

1,872

2,496

1,706

231

1,815

1,312

276

-5,546

-5,379

700

974

-4,832

3,364

2,132

2,195

-7,072

2,058

1,673

-275

-451

-625

1,342

829

-2,321

7,913

700

-2,317

-1,762

-1,292

498

700

Net income

1,710

3,634

1,546

5,893

4,383

4,654

-35,979

3,180

4,252

2,721

-121

2,994

1,947

69

-13,116

-10,448

951

1,625

-9,315

6,320

3,939

4,185

-12,986

3,999

3,172

-509

-563

-1,124

2,592

1,542

-

14,694

1,301

-

-

-

-

-

Net loss attributable to non-controlling interests

-557

-397

-467

-285

-325

-381

-389

-296

-384

-447

-550

-379

-485

-442

-2,685

-459

-353

-181

-196

77

-22

108

146

176

65

-1

89

35

102

0

-

0

-

-

-

-

-

-

Net income attributable to Isramco

2,267

4,031

2,013

6,178

4,708

5,035

-35,590

3,476

4,636

3,168

429

3,373

2,432

511

-10,431

-9,989

1,304

1,806

-9,119

6,243

3,961

4,077

-13,132

3,823

3,107

-508

-652

-1,159

2,490

1,542

-4,308

14,694

1,301

-4,306

-2,600

-2,510

966

1,357

Earnings per share – basic: (in Dollars per share)

0.83

1.48

0.75

2.27

1.73

1.85

-13.11

1.28

1.71

1.17

0.16

1.24

0.89

0.19

-3.83

-3.68

0.48

0.66

-3.36

2.30

1.46

1.50

-4.83

1.41

1.14

-0.19

-0.24

-0.43

0.92

0.57

-1.59

5.41

0.48

-1.58

-0.97

-0.92

0.36

0.50

Earnings per share – diluted: (in Dollars per share)

0.83

1.48

0.75

2.27

1.73

1.85

-13.11

1.28

1.71

1.17

0.16

1.24

0.89

0.19

-3.83

-3.68

0.48

0.66

-3.36

2.30

1.46

1.50

-4.83

1.41

1.14

-0.19

-0.24

-0.43

0.92

0.57

-1.59

5.41

0.48

-1.58

-0.97

-0.92

0.36

0.50

Weighted average number of shares outstanding basic: (in Shares)

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

Weighted average number of shares outstanding diluted: (in Shares)

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717

2,717