Legacy reserves inc. (LGCY)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16
Revenues:
Revenues

416,475

554,861

436,301

314,357

Expenses:
Oil and natural gas production

173,232

200,285

183,219

179,333

Exploration Expense

0

0

0

-

Production and other taxes

22,371

29,532

19,825

14,267

General and administrative

77,364

73,039

49,372

43,639

Depletion, depreciation, amortization and accretion

156,935

159,998

126,938

150,414

Impairment of long-lived assets

105,532

67,978

37,283

-

Impairment of long-lived assets

-

-

-

61,800

Loss (gain) on disposal of assets

-2,130

23,800

-1,606

50,095

Total expenses

537,564

507,029

418,243

399,354

Operating income (loss)

-121,089

47,832

18,058

-84,997

Other income (expense):
Interest income

46

36

64

67

Interest expense (Notes 5, 11 and 12)

115,660

117,008

89,206

79,060

Gain on extinguishment of debt

13,105

66,066

0

150,802

Equity in income of equity method investees

-35

-19

17

0

Net gains (losses) on commodity derivatives (Notes 11 and 12)

-50,294

49,172

17,776

-41,224

Reorganization items, net (Note 2)

-447,901

0

0

-

Other

7

722

792

-179

Income (loss) before income taxes

174,000

46,800

-52,500

-54,591

Income tax expense

105

2,968

1,398

1,229

Net Income (loss)

173,876

43,833

-53,897

-55,820

Income (loss) per share - basic and diluted (in dollars per share)

1.51

0.42

-0.54

-0.57

Weighted average number of units used in computing net loss per share —
Basic and diluted (in shares)

114,811

105,087

100,049

98,249

Oil Sales
Revenues

300,905

375,444

239,448

152,507

Natural Gas Liquids Sales
Revenues

14,082

27,750

24,796

15,406

Natural Gas Sales
Revenues

101,488

151,667

172,057

146,444