Parsley energy, inc. (PE)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14
REVENUES
Total revenues

564,803

522,451

510,151

498,541

427,671

454,880

511,022

467,788

392,741

311,488

241,021

213,677

200,858

155,875

132,537

106,872

62,489

69,169

64,234

77,860

55,211

78,778

83,617

82,304

57,730

OPERATING EXPENSES
Lease operating expenses

73,608

47,561

45,719

42,696

41,172

39,779

39,777

35,904

28,832

25,386

29,525

29,631

17,627

14,784

16,407

14,204

13,898

12,920

15,131

18,464

16,398

10,878

10,507

9,668

7,018

Transportation and processing costs

14,195

14,281

12,052

6,608

8,257

11,340

8,495

6,471

6,267

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

OPERATING EXPENSES
Production and ad valorem taxes

37,183

28,575

38,235

30,744

27,407

26,221

30,604

27,331

24,186

22,274

14,808

11,397

11,162

8,923

8,391

6,407

4,195

4,403

3,471

5,431

4,495

4,915

5,543

5,511

2,972

Depreciation, depletion and amortization

274,680

210,717

211,737

198,563

173,723

160,754

157,352

145,552

121,199

105,143

94,819

83,315

68,970

62,653

65,741

55,988

49,384

50,408

46,085

44,407

37,381

35,089

20,370

20,446

18,392

General and administrative expenses

35,964

43,038

36,718

34,907

38,037

42,414

37,555

35,991

34,995

34,879

33,573

31,761

24,042

23,290

24,695

17,307

19,299

12,509

15,721

14,083

12,981

63,286

9,910

7,127

7,626

Exploration and abandonment costs

561,611

65,157

11,988

72

22,994

142,622

11,140

3,366

5,411

34,052

88

2,442

2,763

-3,152

3,113

8,978

688

5,307

3,824

1,515

3,219

-

-

-

-

Acquisition costs

14,425

7,616

0

0

0

165

0

-2

4

8

2,449

7,176

1,344

155

440

486

0

-

0

-

-

-

2,524

-

-

Incentive unit compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,559

529

Stock based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

910

294

-

Accretion of asset retirement obligations

435

394

373

353

345

348

361

359

354

374

268

193

136

157

190

215

170

169

187

221

249

158

145

117

92

Gain on sale of property

10

208

1,887

0

0

16

1,383

5,166

-111

-14,332

0

0

0

0

0

-469

350

-

1,300

1,031

-

-

-

-

-

Restructuring and other termination costs

34,769

0

0

1,562

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Contract Termination

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,740

0

3,870

-5,100

-

-

-

-

Other operating income (expense)

-169

12,351

-2,175

-2,199

811

30,644

-6,129

-2,477

-2,175

3,433

2,419

2,503

2,283

5,853

1,220

1,651

896

-

233

23

-

-

-

-

-

Total operating expenses

5,421,282

435,606

357,110

317,704

311,124

432,709

290,030

252,283

223,534

239,881

177,949

168,418

128,327

112,782

120,197

105,236

88,530

88,106

84,652

88,014

79,823

65,938

49,909

93,722

36,629

OPERATING (LOSS) INCOME

-4,856,479

86,845

153,041

180,837

116,547

22,171

220,992

215,505

169,207

71,607

63,072

45,259

72,531

43,093

12,340

1,636

-26,041

-18,937

-20,418

-10,154

-24,612

12,840

33,708

-11,418

21,101

OTHER INCOME (EXPENSE)
Interest expense, net

-41,679

-33,463

-33,578

-33,597

-33,002

-32,880

-32,854

-33,758

-31,968

-32,402

-22,879

-22,764

-19,336

-17,271

-15,561

-12,199

-11,194

-11,248

-11,393

-11,099

-11,841

-11,776

-10,014

-9,906

-7,928

Loss on early extinguishment of debt

-21,388

-

-

-

0

-

-

-

-

-7,782

0

0

3,891

-36,335

0

0

0

-

-

-

-

-

-

-

-

Gain (loss) on derivatives

545,692

-87,638

56,552

19,561

-119,687

93,115

-22,514

-9,466

-10,793

-72,310

-61,955

43,514

24,616

-26,993

1,374

-27,304

2,088

37,119

34,290

-17,733

7,142

92,120

11,767

-14,353

-5,676

Prepayment premium on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

5,107

Change in TRA liability

-70,529

0

0

0

0

355

0

0

82

-56,396

0

0

20,549

-7,351

0

0

0

-

-

-

-

-

-

-

-

Interest income

249

191

216

103

291

600

1,055

1,686

2,123

2,374

1,013

2,178

2,371

-

-

-

-

-

-

-

-

-

-

-

-

Other (expense) income

-3,983

-459

-1,678

715

58

-799

-76

234

301

-498

508

-177

950

-712

-1,073

-70

-462

-4,815

-579

1,559

279

-356

165

-18

138

Total other income (expense), net

549,420

-121,369

21,512

-13,218

-152,340

59,681

-54,389

-41,304

-40,419

-46,440

-83,313

22,751

-15,839

-72,849

-15,260

-40,042

-9,218

-15,621

23,618

-26,242

-4,420

77,891

1,918

-24,277

-18,573

LOSS BEFORE INCOME TAXES

-4,307,059

-34,524

174,553

167,619

-35,793

81,852

166,603

174,201

128,788

25,167

-20,241

68,010

56,692

-29,756

-2,920

-38,406

-35,259

-34,558

3,200

-36,396

-29,032

90,731

35,626

-35,695

2,528

INCOME TAX BENEFIT

-571,000

1,637

35,000

32,600

-7,800

16,475

32,500

33,200

23,300

-19,830

-5,080

12,216

18,402

4,341

-1,279

-10,918

-9,568

-8,622

557

-10,216

-5,474

24,757

9,372

1,794

545

NET LOSS

-3,736,096

-36,173

139,600

134,994

-28,003

65,399

134,149

140,958

105,463

44,997

-15,161

55,794

38,290

-34,097

-1,641

-27,488

-25,691

-25,936

2,643

-26,180

-23,558

65,974

26,254

-37,489

1,983

LESS: NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTERESTS

-369,696

196

19,890

19,059

-3,939

11,626

20,840

21,803

22,573

-4,922

-1,828

15,048

8,848

-3,352

1,065

-6,111

-6,337

-10,696

1,734

-7,051

-6,534

-

9,387

1,157

-

NET LOSS ATTRIBUTABLE TO PARSLEY ENERGY, INC. STOCKHOLDERS

-3,366,400

-

119,710

115,935

-24,064

-

113,309

119,155

82,890

-

-13,333

40,746

29,442

-

-2,706

-21,377

-19,354

-

909

-19,129

-17,024

-

16,867

-38,646

1,983

Net loss per common share:
Basic (in dollars per share)

-9.20

-0.12

0.43

0.41

-0.09

0.19

0.41

0.44

0.32

0.19

-0.05

0.17

0.13

-0.17

-0.02

-0.13

-0.14

-0.11

0.01

-0.18

-0.17

-

0.18

-1.19

-

Diluted (in dollars per share)

-9.20

-0.12

0.43

0.41

-0.09

0.18

0.41

0.44

0.32

0.17

-0.05

0.17

0.13

-0.17

-0.02

-0.13

-0.14

-0.11

0.01

-0.18

-0.17

-

0.18

-1.19

-

Weighted average common shares outstanding:
Basic (in shares)

366,064

280,083

279,961

279,706

278,794

278,306

277,705

272,239

260,654

250,042

246,518

245,698

220,674

179,306

173,241

158,662

135,963

126,535

109,218

108,058

101,273

-

93,168

32,453

-

Diluted (in shares)

366,064

281,579

280,547

279,768

278,794

278,655

278,396

272,846

261,639

471,041

246,518

246,792

221,697

179,306

173,241

158,662

135,963

126,161

109,592

108,058

101,273

-

125,421

32,453

-

Impairment of oil and gas properties

4,400,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Oil sales
Revenues

522,172

464,752

465,549

458,888

368,126

384,267

424,549

396,325

331,103

255,554

198,865

178,066

169,745

131,438

112,705

91,129

52,031

57,019

51,670

63,418

43,688

61,646

63,345

61,735

45,828

Natural gas sales
Revenues

5,169

13,615

8,566

141

14,452

8,762

12,810

12,235

17,424

15,520

15,601

12,983

12,467

11,094

8,457

5,834

5,543

5,870

7,060

6,696

6,956

7,581

8,296

9,728

5,037

Natural gas liquids sales
Revenues

32,435

40,750

33,041

38,312

43,785

58,083

71,294

57,275

40,620

38,897

26,547

20,336

17,413

13,462

10,770

9,347

4,694

5,863

5,504

7,746

4,567

8,879

11,976

10,841

6,865

Other
Revenues

5,027

3,334

2,995

1,200

1,308

3,768

2,369

1,953

3,594

1,517

8

2,292

1,233

-119

605

562

221

-

0

-

-

-

-

-

-