Contango oil & gas company (MCF)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Jun'13Dec'12Jun'12Dec'11Jun'11Jun'10
REVENUES:
Revenues

76,512

77,087

78,545

-

-

-

-

-

-

-

-

-

-

Oil and condensate sales

-

-

-

23,006

43,230

130,238

59,608

39,009

56,237

69,547

67,594

61,862

-

Natural gas sales

-

-

-

43,847

59,058

112,695

79,289

66,441

60,691

73,068

94,666

106,781

-

Natural gas liquids sales

-

-

-

11,330

14,217

33,525

25,224

21,751

28,940

36,657

36,238

33,078

-

Natural gas and oil sales

-

-

-

-

-

-

-

-

-

-

-

-

159,010

Total revenues

-

-

-

78,183

116,505

276,458

164,121

127,201

145,868

179,272

198,498

201,721

159,010

EXPENSES:
Operating expenses

33,205

25,552

27,183

29,111

37,840

47,236

36,784

-

23,720

-

-

-

-

Operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

16,692

Lease operating expenses

-

-

-

-

-

-

-

28,609

-

21,069

23,745

21,091

-

Production and ad valorem taxes

-

-

-

-

-

-

-

3,298

-

4,114

4,540

4,600

-

Exploration expenses

1,003

1,637

1,106

1,816

11,979

33,387

1,811

51,748

51,903

346

0

9,751

20,850

Depreciation, depletion and amortization

39,807

41,657

47,215

63,323

133,380

156,117

65,529

41,060

44,896

49,052

48,988

52,198

34,521

Impairment and abandonment of natural gas and oil properties

128,290

103,732

2,395

10,572

285,877

47,693

776

-

-

-

-

-

-

Impairment and abandonment of oil and gas properties

-

-

-

-

-

-

-

14,845

14,079

0

1,680

1,786

952

General and administrative expenses

24,938

24,157

24,161

26,802

26,402

34,045

26,512

14,364

11,265

10,418

10,614

12,341

4,599

Total expenses

227,243

196,735

102,060

131,624

495,478

318,478

131,412

153,924

145,863

84,999

89,567

101,767

77,614

OTHER INCOME (EXPENSE):
Gain (loss) from investment in affiliates (net of income taxes)

742

-12,721

2,697

1,545

-30,582

6,923

-

-

-

-

-

-

-

Gain from sale of assets and return on investments

518

13,224

2,280

-

-

-

-

-

-

-

-

-

-

Gain (loss) from investment in affiliates (net of income taxes)

-

-

-

-

-

-

2,310

1,241

60

-449

0

0

0

Gain from investment in affiliates (net of income taxes)

-

-

-

-

-

-

-

1,241

60

-449

0

0

0

Interest expense

8,596

5,548

4,100

3,802

3,164

2,658

1,171

-

-96

-

-

-

-

Gain (loss) from sale of assets and return on investments

-

-

-

-

-

-

-

0

-

-169

4

0

-

Interest income (expense)

-

-

-

-

-

-

-

113

-

-125

-205

-157

-

Gain (loss) on derivatives, net

-3,357

1,939

3,325

-1,632

2,348

-153

-1,132

-

0

-

-

-

-

Other income

1,848

1,306

1,275

-357

97

124

31,785

9,552

-463

-18

-

0

511

Net loss on derivatives

-

-

-

-

-

-

-

0

-

0

0

0

-

Total other income

-8,845

-1,800

5,477

-4,246

-31,301

4,236

31,792

10,906

-307

-761

-201

-157

-

NET LOSS BEFORE INCOME TAXES

-159,576

-121,448

-18,038

-57,687

-410,274

-37,784

64,501

-

-302

-

-

-

-

Income tax provision

220

120

-395

342

-75,226

-15,910

23,139

-

605

-

-

-

31,741

NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES

-

-

-

-

-

-

-

-15,817

-

93,512

108,730

99,797

81,907

Provision for income taxes

-

-

-

-

-

-

-

-6,097

-

34,299

38,821

35,338

-

Income (loss) from continuing operations

-

-

-

-

-

-

-

-9,720

-907

59,213

69,909

64,459

50,166

DISCONTINUED OPERATIONS, NET OF INCOME TAX (NOTE 18)

-

-

-

-

-

-

-

0

-29

-824

-1,204

574

-

NET INCOME (LOSS)

-

-

-

-

-

-21,874

41,362

-

-936

-

-

-

-

NET LOSS ATTRIBUTABLE TO COMMON STOCK

-159,796

-121,568

-17,643

-58,029

-335,048

-

-

-9,720

-

58,389

68,705

65,033

-

Discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-480

NET INCOME ATTRIBUTABLE TO COMMON STOCK

-

-

-

-

-

-

-

-

-

-

-

-

49,686

NET LOSS PER SHARE:
Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

0.00

0.00

-0.05

-0.08

0.04

-0.03

Basic (in dollars per share)

-2.95

-4.69

-0.71

-2.71

-17.67

-1.15

-

-0.64

-0.06

3.79

4.41

4.15

3.14

Continuing operations (in dollars per share)

-

-

-

-

-

-

2.56

-0.64

-0.06

3.84

4.49

4.11

3.17

Continuing operations (in dollars per share)

-

-

-

-

-

-

2.56

-0.64

-0.06

3.84

4.49

4.10

3.11

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

0.00

0.00

-0.05

-0.08

0.04

-0.03

Diluted (in dollars per share)

-2.95

-4.69

-0.71

-2.71

-17.67

-1.15

2.56

-0.64

-0.06

3.79

4.41

4.14

3.08

WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)

54,136

25,945

24,686

21,424

18,965

19,059

16,156

15,221

15,295

15,423

15,582

15,665

15,831

Diluted (in shares)

54,136

25,945

24,686

21,424

18,965

19,059

16,158

15,221

15,295

15,425

15,585

15,713

16,157

Oil and Condensate [Member]
Revenues

44,705

34,413

25,347

-

-

-

-

-

-

-

-

-

-

Natural Gas, Production [Member]
Revenues

22,380

29,824

41,317

-

-

-

-

-

-

-

-

-

-

Natural gas liquids [Member]
Revenues

9,427

12,850

11,881

-

-

-

-

-

-

-

-

-

-