Montage Resources Corporation MR Income Statement

Montage resources corporation (MR)

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	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Sep'13	Jun'13
REVENUES
Revenues
626,369	634,441	631,540	598,368	546,450	515,145	435,486	391,554	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas, oil and natural gas liquids sales
-	-	-	-	-	-	-	-	-	-	-	-	281,959	-	201,979	209,556	228,639	234,601	223,733	197,507	159,478	137,816	91,955	56,823	0	0	0
Brokered natural gas and marketing revenue
-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Brokered natural gas and marketing revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32,474	-	0	0	0	-	-	-	-	-	-
Total revenues
-	-	-	-	-	-	-	-	-	-	-	326,416	287,291	-	217,033	233,726	261,113	255,321	239,810	204,340	156,842	137,816	91,955	56,823	0	0	0
OPERATING EXPENSES
Lease operating
47,877	43,359	35,915	29,241	26,424	28,289	27,058	26,314	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transportation, gathering and compression
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Production and ad valorem taxes
14,161	12,141	11,431	12,375	10,544	10,141	9,654	9,083	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Brokered natural gas and marketing expense
42,499	42,700	45,187	37,850	26,297	16,886	3,723	492	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation, depletion, amortization and accretion
170,241	156,003	150,218	139,201	133,526	134,940	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease operating
-	-	-	-	-	-	-	-	-	-	-	-	8,689	-	10,868	11,894	13,235	13,904	12,154	11,019	10,073	8,518	7,546	5,594	0	0	0
Transportation, gathering and compression
-	-	-	-	-	-	-	-	-	-	-	-	118,966	-	106,229	102,152	96,532	85,846	65,300	49,346	29,661	18,114	10,733	0	0	0	-
Production and ad valorem taxes
-	-	-	-	-	-	-	-	-	-	-	-	7,295	-	1,263	3,310	4,185	3,722	0	0	0	-	-	-	-	-	-
Production and ad valorem taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,213	1,083	0	0	0
Brokered natural gas and marketing expense
-	-	-	-	-	-	-	-	-	-	-	-	5,326	-	20,866	31,619	0	-	0	0	-	-	-	-	-	-	-
Depreciation, depletion and amortization
-	-	-	-	-	-	-	-	-	-	115,590	108,227	104,024	92,948	138,792	177,739	217,431	244,750	207,496	170,307	119,623	89,218	54,429	24,941	0	0	0
Exploration
55,399	58,917	61,940	56,647	51,074	49,563	56,919	54,528	53,905	50,208	37,107	40,253	48,700	52,775	138,454	129,615	118,414	116,211	27,229	27,042	30,094	21,186	17,247	14,238	0	0	0
General and administrative
51,891	70,941	68,072	66,429	63,562	44,389	45,735	44,145	44,178	44,553	41,928	38,617	38,289	39,431	37,751	43,425	45,740	46,409	51,759	49,946	45,658	42,109	34,762	27,844	0	0	0
Rig termination and standby
-	-	0	-	-	-	-	-	-	-	-	-	-	3,846	4,017	0	0	-	0	-	-	-	-	-	-	-	-
Loss on sale of assets
-76	476	724	1,544	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rig termination and standby
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-
Impairment of proved oil and gas properties
-	-	-	-	-	-	-	-	-	-	-	-	-	17,665	0	0	0	-	-	-	-	-	0	-	-	-	-
Accretion of asset retirement obligations
-	-	-	-	-	-	-	-	-	-	511	468	429	391	701	1,013	1,323	1,623	1,413	1,199	991	791	692	611	0	0	0
(Gain) loss on sale of assets
-	-	-	-	-	-	-	-	441	-	-7,868	-7,983	-6,953	-6,936	498	310	4,839	4,737	0	0	0	-	-	-	-	-	-
Other expense
52	60	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on reduction of pension obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,208	2,208	2,208	0	0	0
Total operating expenses
-	-	563,996	514,531	-	-	406,000	391,409	379,009	-	352,086	336,426	339,854	352,436	1,166,197	1,210,981	1,241,873	1,234,907	432,645	369,989	289,246	221,990	131,019	75,979	0	0	0
OPERATING INCOME (LOSS)
21,310	40,889	67,544	83,837	84,300	93,986	41,993	18,010	12,979	12,669	11,400	-10,010	-52,563	-117,402	-949,164	-977,255	-980,760	-979,586	-192,835	-165,649	-132,404	-84,174	-39,064	-19,156	0	0	0
OTHER INCOME (EXPENSE)
Gain (loss) on derivative instruments
93,658	48,596	43,505	24,430	-21,885	-21,169	-20,075	-18,701	16,053	45,365	-2,546	9,982	-37,791	-52,338	16,087	29,127	55,200	56,021	51,220	33,113	35,773	20,791	0	0	0	-	-
Interest expense, net
-60,049	-59,055	-58,155	-56,895	-54,878	-53,990	-52,703	-50,787	-49,980	-49,490	-49,259	-49,636	-49,790	-50,789	-51,497	-50,878	-52,840	-53,400	-53,223	-51,515	-48,732	-48,347	-46,259	-36,737	0	0	0
Gain (loss) on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	14,489	-44,903	0	0	-	0	-	-	-	-	-	-	-	-
Other income
0	-	-	0	-	-	0	-	-	-19	-31	-27	-29	-149	-137	-141	-141	400	1,985	0	0	-	-	0	-	-	-
Total other income (expense), net
33,637	-10,443	-14,642	-32,458	-76,764	-75,160	-72,779	-69,488	-33,927	-4,144	-51,836	-39,681	-81,785	-88,787	-21,058	-66,795	-48,509	-56,371	-62,227	-19,234	-12,204	-27,203	-43,576	-39,626	0	0	0
INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES
54,947	30,446	52,902	51,379	7,536	18,826	-30,786	-51,478	-20,948	8,525	-40,436	-49,691	-134,348	-206,189	-970,222	-1,044,050	-1,029,269	-1,035,957	-255,062	-184,883	-144,608	-111,377	-82,640	-58,782	0	0	0
Income tax benefit (expense)
-	-	-	-	-	-	-	-	-	-	-	-	-	546	-21,326	-39,635	-56,047	-74,166	-62,844	50,006	0	-	0	0	-	-	-
INCOME (LOSS) FROM CONTINUING OPERATIONS
54,947	30,446	52,902	51,379	7,536	18,826	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of income tax
-6,259	1,316	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME (LOSS)
48,688	31,762	54,188	53,902	7,354	18,826	-30,786	-51,478	-20,948	8,525	-40,442	-49,697	-134,354	-206,735	-948,896	-1,004,415	-973,222	-961,791	-190,564	-128,150	-198,828	-183,176	-166,637	-153,323	0	0	0
EARNINGS (LOSS) PER SHARE OF COMMON STOCK
Basic:
Basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.37	-0.19	-0.17	-0.16	-0.12	-0.84	-0.15	-	-
Weighted average common stock outstanding
35,772	35,918	35,684	35,678	25,564	20,160	20,144	20,129	19,563	-716,198	262,586	262,423	261,105	-640,225	258,812	223,013	222,784	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations
0.30	0.62	0.15	0.69	-0.54	-	0.20	-0.95	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-0.22	0.00	-0.03	0.08	-0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
0.08	0.62	0.12	0.77	-0.55	1.82	0.20	-0.95	-0.13	0.41	-0.06	0.04	0.10	-12.21	-0.10	-0.33	-0.20	-	-	-	-	-	-	-	-	-	-
Diluted:
Weighted average common stock outstanding
35,858	36,209	35,697	35,826	25,564	20,486	20,170	20,129	19,563	-720,505	262,586	264,420	264,215	-640,225	258,812	223,013	222,784	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations
0.30	0.61	0.15	0.69	-0.54	-	0.20	-0.95	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-0.22	0.00	-0.03	0.08	-0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
0.08	0.61	0.12	0.77	-0.55	1.82	0.20	-0.95	-0.13	0.40	-0.06	0.04	0.10	-12.21	-0.10	-0.33	-0.20	-	-	-	-	-	-	-	-	-	-
Basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	222,537	222,502	203,750	160,582	160,000	134,309	122,585	-	-
Oil and Gas [Member]
Revenues
583,742	591,699	586,251	560,409	520,237	498,593	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Brokered Natural Gas and Marketing Revenue [Member]
Revenues
42,232	42,274	44,982	37,698	26,074	16,552	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Revenue [Member]
Revenues
395	468	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural Gas, Gathering, Transportation, Marketing and Processing [Member]
Transportation, gathering and compression
-	-	190,705	172,744	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-