Penn virginia corp (PVAC)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Revenues
Crude oil

-

-

-

-

420,286

347,407

229,572

119,582

53,532

43,258

46,529

Natural gas liquids

-

-

-

-

34,552

30,748

31,051

43,394

26,663

15,735

21,292

Natural gas

-

-

-

-

58,044

52,538

49,861

137,070

171,141

169,666

368,801

Gain on sales of assets, net

5

-177

-36

-

120,769

-266

4,282

3,570

648

2,372

31,426

Other, net

-

-

-

-

3,122

1,041

2,383

2,389

2,454

4,175

1,442

Total revenues

471,216

440,832

160,054

-

636,773

431,468

317,149

306,005

254,438

235,206

469,490

Operating expenses
Lease operating

43,088

35,879

21,784

-

48,298

35,461

31,266

36,988

35,757

44,392

51,419

Gathering, processing and transportation

23,197

18,626

10,734

-

18,294

12,839

14,196

15,157

14,180

11,307

8,105

Production and ad valorem taxes

28,057

23,547

8,814

-

27,990

22,404

10,634

13,690

13,917

15,044

22,369

General and administrative

25,484

26,064

18,201

-

49,005

53,998

45,900

48,328

58,383

49,690

47,477

Exploration

-

-

-

-

17,063

20,994

34,092

78,943

49,641

57,754

42,436

Depreciation, depletion and amortization

174,569

127,961

48,649

-

300,299

245,594

206,336

162,534

134,700

154,351

135,687

Impairments

-

-

-

-

791,809

132,224

104,484

104,688

45,959

106,415

19,963

Loss on firm transportation commitment

-

-

-

-

-

-

17,332

0

0

-

-

Other

-

-

-

-

-

-

-

1,096

709

1,599

-

Total operating expenses

294,395

232,077

108,182

-

1,252,758

523,514

464,240

461,424

353,246

440,552

327,456

Operating income (loss)

176,821

208,755

51,872

-

-615,985

-92,046

-147,091

-155,419

-98,808

-205,346

142,034

Other income (expense)
Interest expense

35,811

26,462

6,392

-

88,831

78,841

59,339

56,216

53,679

44,231

24,627

Loss on extinguishment of debt

-

-

-

-

-

-29,174

-3,164

-25,421

0

-

-

Derivatives

-68,131

37,427

-17,819

-

162,212

-20,852

36,187

15,651

41,906

31,568

29,745

Other, net

-153

2,266

58

-

1,334

147

116

335

2,403

1,259

2,073

Reorganization items, net

0

-3,322

0

-

0

-

-

-

-

-

-

Income (loss) before income taxes

72,726

225,308

27,719

-

-541,270

-220,766

-173,291

-221,070

-108,178

-216,750

149,225

Income tax benefit (expense)

2,137

523

-4,900

-

-131,678

-77,696

-68,702

-88,155

-42,851

-85,894

55,606

Induced conversion of preferred stock

-

-

-

-

4,256

0

0

-

-

-

-

Income from discontinued operations, net of tax

-

-

-

-

-

-

-

-

33,448

53,488

-87,901

Gain on sale of discontinued operations, net of tax

-

-

-

-

-

-

-

-

51,546

-

-

Net income

70,589

224,785

32,662

-

-

-

-

-

19,667

-77,368

181,520

Net income (loss)

-

-

-

-

-409,592

-143,070

-104,589

-132,915

-65,327

-130,856

93,619

Preferred Stock Dividends, Income Statement Impact

-

-

-

-

17,148

6,900

-1,687

0

0

-

-

Less net income attributable to noncontrolling interests in discontinued operations

-

-

-

-

-

-

-

-

28,090

37,275

60,436

Loss attributable to Penn Virginia Corporation

-

-

-

-

-

-

-

-

-8,423

-114,643

121,084

Net income (loss) attributable to common shareholders

-

-

-

-

-430,996

-149,970

-106,276

-132,915

-8,423

-

-

Net income per share:
Net income (loss) per share:
Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-1.44

-2.99

2.23

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

0.12

0.37

0.66

Gain on sale of discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

1.13

-

-

Basic (in dollars per share)

4.67

14.93

2.18

-

-6.26

-2.41

-2.22

-2.90

-0.19

-2.62

2.89

Continuing operations (in dollars per share)

-

-

-

-

-

-

-

-

-1.44

-2.99

2.22

Discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

0.12

0.37

0.65

Gain on sale of discontinued operations (in dollars per share)

-

-

-

-

-

-

-

-

1.13

-

-

Diluted (in dollars per share)

4.67

14.70

2.17

-

-6.26

-2.41

-2.22

-2.90

-0.19

-2.62

2.87

Weighted Average Number of Shares Outstanding, Basic

15,110

15,059

14,996

-

68,887

62,335

47,919

45,784

45,553

43,811

41,760

Weighted Average Number of Shares Outstanding, Diluted

15,126

15,292

15,063

-

68,887

62,335

47,919

45,784

45,553

43,811

42,031

Oil and Gas, Exploration and Production [Member]
Revenues

434,713

402,485

140,886

-

-

-

-

-

-

-

-

Oil and Condensate [Member]
Revenues

16,589

21,073

10,066

-

-

-

-

-

-

-

-

Natural Gas, Production [Member]
Revenues

17,733

15,972

8,517

-

-

-

-

-

-

-

-

Product and Service, Other [Member]
Revenues

2,176

1,479

621

-

-

-

-

-

-

-

-

Predecessor [Member]
Gain (loss) on sales of assets, net

-

-

-

41,335

-

-

-

-

-

-

-

Crude oil

-

-

-

220,596

-

-

-

-

-

-

-

Natural gas liquids

-

-

-

16,905

-

-

-

-

-

-

-

Natural gas

-

-

-

25,479

-

-

-

-

-

-

-

Total revenues

-

-

-

305,298

-

-

-

-

-

-

-

Other, net

-

-

-

983

-

-

-

-

-

-

-

Production and ad valorem taxes

-

-

-

16,282

-

-

-

-

-

-

-

Lease operating

-

-

-

42,428

-

-

-

-

-

-

-

Gathering, processing and transportation

-

-

-

23,815

-

-

-

-

-

-

-

General and administrative

-

-

-

43,328

-

-

-

-

-

-

-

Exploration

-

-

-

12,583

-

-

-

-

-

-

-

Depreciation, depletion and amortization

-

-

-

334,479

-

-

-

-

-

-

-

Total operating expenses

-

-

-

1,870,339

-

-

-

-

-

-

-

Impairments

-

-

-

1,397,424

-

-

-

-

-

-

-

Operating income (loss)

-

-

-

-1,565,041

-

-

-

-

-

-

-

Interest Expense

-

-

-

90,951

-

-

-

-

-

-

-

Derivatives

-

-

-

71,247

-

-

-

-

-

-

-

Other, net

-

-

-

-3,587

-

-

-

-

-

-

-

Reorganization items, net

-

-

-

0

-

-

-

-

-

-

-

Income (loss) before income taxes

-

-

-

-1,588,332

-

-

-

-

-

-

-

Income Tax Expense (Benefit)

-

-

-

-5,371

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-1,582,961

-

-

-

-

-

-

-

Preferred Stock Dividends, Income Statement Impact

-

-

-

22,789

-

-

-

-

-

-

-

Net loss attributable to common shareholders

-

-

-

-1,605,750

-

-

-

-

-

-

-

Basic (in dollars per share)

-

-

-

-21.81

-

-

-

-

-

-

-

Diluted (in dollars per share)

-

-

-

-21.81

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Basic

-

-

-

73,639

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Diluted

-

-

-

73,639

-

-

-

-

-

-

-