Contango oil & gas company (MCF)
Income statement / TTM
Dec'19Sep'19Jun'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'10
REVENUES:
Revenues

76,512

58,014

64,975

70,661

77,087

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Oil and condensate sales

-

-

-

-

-

-

-

-

-

-

-

-

23,006

24,512

29,066

37,783

43,230

55,018

83,180

105,832

130,238

142,757

115,139

84,542

59,616

0

0

0

-

-

-

-

-

-

-

-

-

-

Natural gas sales

-

-

-

-

-

-

-

-

-

-

-

-

43,847

42,211

46,220

52,170

59,058

73,278

78,934

94,891

112,695

113,520

110,758

97,895

79,281

0

0

0

-

-

-

-

-

-

-

-

-

-

Natural gas liquids sales

-

-

-

-

-

-

-

-

-

-

-

-

11,330

11,286

12,182

13,487

14,217

16,950

21,649

26,125

33,525

36,854

34,404

30,153

25,223

0

0

0

-

-

-

-

-

-

-

-

-

-

Natural gas and oil sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

Total revenues

-

-

-

-

-

-

-

-

-

-

-

-

78,183

78,009

87,468

103,440

116,505

145,246

183,763

226,848

276,458

293,131

260,301

212,590

164,120

132,157

127,200

136,315

145,867

164,834

179,272

188,032

198,498

192,827

201,721

0

0

0

EXPENSES:
Operating expenses

33,205

22,086

23,033

23,817

25,552

26,767

27,426

27,277

27,183

26,532

27,649

28,340

29,111

30,703

31,581

35,533

37,840

40,729

45,490

46,094

47,236

41,979

38,869

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

Exploration expenses

1,003

1,040

1,247

1,392

1,637

1,704

1,594

1,484

1,106

1,418

1,547

1,587

1,816

1,253

1,216

7,816

11,979

12,130

7,010

10,939

33,387

34,669

39,471

28,623

1,821

6,852

51,747

51,955

51,902

45,306

346

36

-26

9,702

9,751

0

0

0

Depreciation, depletion and amortization

39,807

32,423

36,803

38,728

41,657

44,373

42,713

45,929

47,215

49,415

53,388

58,549

63,323

70,695

93,915

114,810

133,380

153,535

155,699

156,830

156,117

148,139

119,107

89,436

65,528

43,012

41,060

43,680

44,896

47,662

49,052

0

0

0

-

-

-

-

Impairment and abandonment of natural gas and oil properties

128,290

30,274

101,462

100,992

103,732

77,508

5,068

5,692

2,395

7,819

8,900

8,751

10,572

52,478

286,463

285,447

285,877

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation, depletion and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Impairment and abandonment of oil and gas properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,259

16,566

15,962

767

6,435

14,845

14,078

14,078

8,410

0

1,675

1,781

0

-

0

0

-

Impairment and abandonment of oil and gas properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

General and administrative expenses

24,938

20,693

21,538

22,436

24,157

24,317

23,812

24,291

24,161

26,678

27,945

27,496

26,802

22,491

22,509

24,476

26,402

30,243

29,560

31,416

34,045

41,377

37,213

33,763

26,514

14,440

14,363

13,246

11,264

10,750

10,418

6,180

10,615

11,592

12,341

0

0

0

Total expenses

227,243

106,516

184,083

187,365

196,735

174,669

100,613

104,673

102,060

111,862

119,429

124,723

131,624

177,620

435,684

468,082

495,478

498,738

271,403

280,058

318,478

294,628

251,297

205,835

131,413

101,737

153,924

150,738

145,861

137,886

84,999

82,297

89,567

99,184

101,767

0

0

0

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

742

-12,834

-12,496

-13,398

-12,721

184

979

1,620

2,697

2,218

2,160

3,289

1,545

1,427

215

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain from sale of assets and return on investments

518

2,510

2,816

3,765

13,224

11,259

10,577

8,787

2,280

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

5,295

4,677

5,079

2,310

1,746

1,241

-1,088

59

-285

-449

0

0

0

-

-

-

-

Gain from investment in affiliates (net of income taxes)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,310

1,746

1,241

-1,088

59

-285

-449

0

0

0

-

-

-

-

Interest expense

8,596

4,646

5,048

5,231

5,548

5,349

5,087

4,750

4,100

3,579

3,430

3,683

3,802

3,894

3,690

3,347

3,164

2,896

2,783

2,685

2,658

2,090

1,431

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Interest income (expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Gain (loss) on derivatives, net

-3,357

7,968

4,768

93

1,939

-6,210

-4,900

-803

3,325

2,206

3,128

-2,740

-1,632

2,747

1,824

0

-

0

0

-

-153

-2,620

-4,354

-3,091

-1,132

0

0

0

-

-

-

-

-

-

-

-

-

-

Gain on Sale of Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Other income

1,848

589

427

341

1,306

2,541

2,184

2,242

1,275

-81

-74

-405

-357

-5,484

-1,203

62

97

5,326

842

0

-

0

0

-

9,856

25,381

9,671

17

-75

47

-18

36

-43

-14

0

0

0

0

Total other income

-8,845

-6,402

-9,533

-14,430

-1,800

2,414

3,753

7,096

5,477

3,089

4,304

-599

-4,246

-36,502

-31,772

-27,833

-31,301

7,964

5,222

5,099

4,236

5,530

19,487

31,794

31,793

0

0

0

-

-

-

-

-

-

-

-

-

-

NET LOSS BEFORE INCOME TAXES

-159,576

-54,904

-128,641

-131,134

-121,448

-93,847

-19,130

-18,019

-18,038

-28,580

-34,186

-45,297

-57,687

-136,113

-379,988

-392,475

-410,274

-345,528

-82,418

-48,111

-37,784

4,034

28,492

38,550

64,501

0

0

0

-

-

-

-

-

-

-

-

-

-

Income tax provision

220

316

265

-11

120

-504

-395

-428

-395

329

292

443

342

16,343

-54,332

-64,587

-75,226

-101,825

-28,064

-17,866

-15,910

-415

7,967

11,250

23,139

19,959

-6,098

0

0

0

-

0

0

0

-

0

0

0

Total Other/Income (Expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

NET INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-15,817

-15,780

-304

26,416

93,512

105,614

108,731

93,472

99,797

0

0

0

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,720

-11,739

-908

16,078

59,213

67,969

69,910

60,227

64,459

0

0

0

NET INCOME (LOSS)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-327,888

-

-243,703

-54,354

-30,245

-21,874

17,792

25,484

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

NET LOSS ATTRIBUTABLE TO COMMON STOCK

-159,796

-55,220

-128,906

-131,123

-121,568

-93,343

-18,735

-17,591

-17,643

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Discontinued operations, net of income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

0

-

0

0

0

NET INCOME ATTRIBUTABLE TO COMMON STOCK

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-

0.00

0.00

-0.01

-0.04

-0.03

0.01

0.12

-0.06

Basic (in dollars per share)

-2.35

-0.19

-0.15

-0.26

-1.18

-3.26

-0.29

0.04

-0.23

-0.28

-0.24

0.04

-0.66

-0.55

-0.90

-0.60

-5.87

-9.79

-1.03

-0.98

-1.05

0.19

0.24

-0.53

0.23

1.30

0.75

0.25

0.17

-1.80

0.61

0.96

1.27

0.95

1.12

1.07

0.75

1.21

Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.17

-

0.61

0.96

1.28

0.99

1.15

1.06

0.63

1.27

Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.17

-

0.61

0.96

1.28

0.99

1.15

1.06

0.63

1.26

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-

0.00

0.00

-0.01

-0.04

-0.03

0.01

0.12

-0.06

Diluted (in dollars per share)

-2.35

-0.19

-0.15

-0.26

-1.18

-3.26

-0.29

0.04

-0.23

-0.28

-0.24

0.04

-0.66

-0.55

-0.90

-0.60

-5.87

-9.79

-1.03

-0.98

-1.05

0.19

0.24

-0.53

0.23

1.30

0.75

0.25

0.17

-1.80

0.61

0.96

1.27

0.95

1.12

1.07

0.75

1.20

WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)

107,079

41,786

33,909

33,770

29,053

25,001

24,933

24,793

24,758

24,708

24,671

24,607

24,615

22,881

19,121

19,079

19,016

18,966

18,939

18,939

19,014

19,077

19,074

19,071

19,007

15,194

15,194

15,195

15,198

15,292

15,334

15,357

15,362

15,639

15,664

15,665

15,665

15,666

Diluted (in shares)

107,079

41,786

33,909

33,770

29,005

25,001

24,933

24,841

24,724

24,708

24,671

24,641

24,615

22,881

19,121

19,079

19,016

18,966

18,939

18,939

18,913

19,122

19,130

19,071

19,015

15,194

15,194

15,195

15,198

15,292

15,333

15,360

15,365

15,642

15,666

15,667

15,739

15,780

Oil and Condensate [Member]
Revenues

44,705

28,563

29,840

32,008

34,413

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Natural Gas, Production [Member]
Revenues

22,380

22,031

24,866

26,857

29,824

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Natural gas liquids [Member]
Revenues

9,427

7,420

10,269

11,796

12,850

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-