PENN VIRGINIA CORP PVAC Income Statement

Penn virginia corp (PVAC)

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	Aug'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Revenues
Crude oil
-	-	-	-	-	-	-	-	-	-	-	-	118,641	-	121,009	148,741	187,394	-	264,868	332,460	373,878	420,286	433,300	415,148	389,925	347,407	305,961	262,392	233,907	229,572	218,404	198,556	161,722	119,582	90,693	66,942	56,269	53,532	51,376	49,805	0	0	0
Natural gas liquids
-	-	-	-	-	-	-	-	-	-	-	-	9,120	-	9,128	10,702	13,462	-	21,193	27,729	30,575	34,552	35,296	33,718	32,994	30,748	30,405	28,864	29,107	31,051	32,934	36,939	42,544	43,394	45,434	42,217	31,718	26,663	17,834	14,711	0	0	0
Natural gas
-	-	-	-	-	-	-	-	-	-	-	-	8,939	-	9,544	13,967	19,310	-	32,328	39,370	48,412	58,044	59,932	59,450	58,702	52,538	53,228	52,265	47,014	49,861	60,508	82,770	110,767	137,070	150,518	163,823	164,342	171,141	170,937	163,291	0	0	0
Gain on sales of assets, net
-14	5	-140	-215	-227	-177	105	112	-26	-36	-109	386	1,430	-	-8,207	42,117	41,273	-	51,277	63,969	63,852	120,769	120,508	56,802	57,109	-266	1,396	3,155	2,977	4,282	5,454	3,952	3,846	3,570	555	764	917	648	2,561	0	0	0	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-328	-	-1,993	-723	-171	-	2,612	2,162	4,718	3,122	2,588	2,723	-595	1,041	1,670	2,070	2,931	2,383	2,106	2,843	2,954	2,389	2,673	1,727	1,897	2,454	3,130	2,700	0	0	0
Total revenues
457,367	471,216	472,155	480,036	468,849	440,832	370,303	277,577	202,279	160,054	144,730	136,932	137,802	-	129,481	214,804	261,268	-	372,278	465,690	521,435	636,773	651,624	567,841	538,135	431,468	392,660	348,746	315,936	317,149	319,406	325,060	321,833	306,005	289,873	275,473	255,143	254,438	245,838	232,788	0	0	0
Operating expenses
Lease operating
42,616	43,088	43,189	41,219	39,587	35,879	32,168	27,524	24,164	21,784	20,871	19,826	19,681	-	24,274	31,369	37,051	-	45,200	48,657	49,751	48,298	47,448	41,144	37,772	35,461	31,544	29,293	29,928	31,266	32,079	34,331	35,854	36,988	38,131	38,929	37,297	35,757	37,935	40,084	0	0	0
Gathering, processing and transportation
24,712	23,197	22,702	21,030	19,196	18,626	15,260	0	0	-	0	-	15,011	-	17,515	18,402	20,135	-	25,224	24,998	22,543	18,294	15,846	13,457	12,509	12,839	12,122	12,210	13,621	14,196	15,568	15,393	15,283	15,157	15,276	15,949	14,977	14,180	12,589	12,373	0	0	0
Production and ad valorem taxes
28,519	28,057	27,180	26,931	25,147	23,547	20,087	14,603	10,927	8,814	8,264	7,170	7,214	-	6,633	9,542	12,346	-	18,624	22,831	25,374	27,990	25,377	24,284	23,750	22,404	22,251	20,243	13,013	10,634	10,316	9,118	12,206	13,690	12,522	14,440	14,711	13,917	16,526	14,553	0	0	0
General and administrative
25,649	25,484	28,289	27,568	26,658	26,064	21,408	22,185	20,565	18,201	19,829	25,078	31,038	-	49,408	46,643	48,460	-	38,815	40,926	44,287	49,005	57,777	58,927	59,743	53,998	49,654	48,611	44,702	45,900	44,909	45,910	47,117	48,328	53,027	53,837	56,710	58,383	56,243	54,948	0	0	0
Exploration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,949	7,981	8,023	-	14,990	15,303	14,314	17,063	16,892	18,863	23,335	20,994	25,542	30,850	32,389	34,092	37,371	47,409	57,393	78,943	80,270	82,987	73,160	49,641	53,707	49,159	0	0	0
Depreciation, depletion and amortization
176,417	174,569	169,278	157,775	144,750	127,961	105,474	81,117	60,920	48,649	43,197	40,562	41,232	-	115,005	183,831	257,501	-	337,732	332,881	318,902	300,299	282,862	273,313	266,205	245,594	232,803	219,684	207,095	206,336	201,198	197,212	178,508	162,534	152,566	140,445	139,514	134,700	135,677	143,354	0	0	0
Impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	0	-	0	0
Loss on firm transportation commitment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	709	465	2,064	0	0	0
Total operating expenses
297,913	294,395	290,638	274,523	255,338	232,077	195,227	158,990	128,118	108,182	102,709	110,193	123,137	-	1,620,124	1,694,108	1,780,940	-	1,149,486	1,160,581	1,266,980	1,252,758	570,194	680,120	555,538	523,514	581,308	454,091	462,564	464,240	422,502	412,702	452,145	461,424	433,115	462,737	382,572	353,246	441,746	413,291	0	0	0
Operating income (loss)
159,454	176,821	181,517	205,513	213,511	208,755	175,076	118,587	74,161	51,872	42,021	26,739	14,665	-	-1,490,643	-1,479,304	-1,519,672	-	-777,208	-694,891	-745,545	-615,985	81,430	-112,279	-17,403	-92,046	-188,648	-105,345	-146,628	-147,091	-103,096	-87,642	-130,312	-155,419	-143,242	-187,264	-127,429	-98,808	-195,908	-180,503	0	0	0
Other income (expense)
Interest expense
34,513	35,811	35,659	34,245	31,339	26,462	21,451	15,331	10,455	6,392	3,893	4,054	35,001	-	80,948	102,570	93,372	-	89,136	88,104	88,310	88,831	90,052	88,317	86,896	78,841	71,007	65,768	59,044	59,339	59,220	58,447	57,506	56,216	55,322	54,314	53,492	53,679	56,469	51,952	0	0	0
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-
Derivatives
151,005	-68,131	118,986	54,049	-11,795	37,427	-145,346	-116,932	-53,630	-17,819	-820	20,389	-12,431	-	10,841	46,608	52,872	-	206,155	227,911	200,741	162,212	10,486	-80,006	-28,753	-20,852	-18,271	-6,507	28,731	36,187	27,074	50,843	14,018	15,651	17,323	20,938	13,357	41,906	44,691	32,364	0	0	0
Other, net
-267	-153	1,965	2,454	2,430	2,266	180	-78	20	58	859	-1,278	-1,366	-	-6,185	-4,075	-4,609	-	-632	761	1,331	1,334	1,448	134	121	147	106	131	142	116	90	91	192	335	632	913	1,301	2,403	2,109	1,773	0	0	0
Reorganization items, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) before income taxes
275,679	72,726	270,131	231,093	176,129	225,308	8,459	-13,754	10,096	27,719	38,167	1,194,169	1,110,860	-	-421,942	-1,546,721	-1,564,781	-	-660,821	-554,323	-631,783	-541,270	3,295	-280,485	-162,105	-220,766	-306,997	-209,810	-179,963	-173,291	-138,314	-96,338	-199,029	-221,070	-206,012	-243,965	-166,263	-108,178	-205,577	-198,318	0	0	0
Income tax benefit (expense)
3,299	2,137	2,106	1,154	336	523	-4,747	-4,737	-4,737	-4,900	0	0	0	-	0	-5,601	-5,512	-	-131,733	-88,996	-145,801	-131,678	-2,458	-97,677	-54,643	-77,696	-111,835	-80,937	-70,890	-68,702	-60,227	-44,144	-80,555	-88,155	-76,199	-90,711	-63,830	-42,851	-80,375	-77,058	0	0	0
Induced conversion of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33,448	18,161	-16,566	0	0	0
Gain on sale of discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-
Net income
-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	19,667	-26,787	-12,466	0	0	0
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-65,327	-125,202	-121,260	0	0	0
Preferred Stock Dividends, Income Statement Impact
-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,692	16,627	19,874	-	31,016	32,722	24,937	17,148	16,276	6,910	6,903	6,900	-6,862	-5,137	-3,412	-1,687	0	0	0	-	-	-	-	-	-	-	-	-	-
Less net income attributable to noncontrolling interests in discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28,090	38,599	44,944	0	0	0
Loss attributable to Penn Virginia Corporation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-127,913	-151,354	-48,357	-8,423	-65,386	-57,410	0	0	0
Net income (loss) attributable to common shareholders
0	-	0	0	0	-	0	0	0	-	38,167	1,194,169	1,108,040	-	-427,657	-1,557,747	-1,579,143	-	-553,224	-492,057	-511,731	-430,996	-11,309	-193,066	-114,359	-149,970	-202,024	-134,010	-112,485	-106,276	0	0	0	-	-	-	-	-	-	-	-	-	-
Net income per share:
Net income (loss) per share:
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.56	-0.66	-0.46	0.24	-1.87	-0.61
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.06	0.06	0.11	0.09
Gain on sale of discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.08	-	-	-
Gain on sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Basic (in dollars per share)
10.76	0.21	3.60	3.42	-2.56	13.34	1.08	-0.17	0.68	-0.71	-0.40	1.42	1.87	-	12.88	-0.73	-0.43	-	0.27	-1.19	-0.88	-6.07	1.13	-1.59	0.27	-0.11	-1.54	-0.43	-0.33	-1.13	-0.71	-0.12	-0.26	-0.60	-0.15	-1.57	-0.58	-0.51	-0.66	0.68	0.30	-1.76	-0.52
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.56	-0.66	-0.46	0.24	-1.87	-0.61
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.06	0.06	0.11	0.09
Gain on sale of discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.08	-	-	-
Gain on sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-
Diluted (in dollars per share)
10.76	0.24	3.59	3.40	-2.56	13.13	1.06	-0.17	0.68	-0.71	-0.40	1.42	1.86	-	10.32	-0.73	-0.43	-	0.25	-1.19	-0.88	-5.76	0.87	-1.59	0.22	-0.11	-1.54	-0.43	-0.33	-1.13	-0.71	-0.12	-0.26	-0.60	-0.15	-1.57	-0.58	-0.51	-0.66	0.68	0.30	-1.76	-0.52
Weighted Average Number of Shares Outstanding, Basic
15,152	15,126	15,110	15,106	15,098	15,074	15,062	15,058	15,042	15,006	14,994	14,992	14,992	-	89,292	89,051	85,941	-	72,651	72,398	71,820	71,887	71,536	66,514	65,611	65,635	65,465	62,899	55,341	53,651	46,050	46,030	45,945	45,864	45,817	45,768	45,687	45,617	45,591	45,539	45,465	45,427	42,798
Weighted Average Number of Shares Outstanding, Diluted
15,160	15,084	15,160	15,162	15,098	15,685	15,344	15,058	15,081	15,082	14,994	15,050	15,126	-	111,458	89,051	85,941	-	103,452	72,398	71,820	19,684	103,606	66,514	85,744	65,635	65,465	62,899	55,341	53,651	46,050	46,030	45,945	45,864	45,817	45,768	45,687	45,070	45,591	45,790	45,761	45,427	42,798
Oil and Gas, Exploration and Production [Member]
Revenues
426,209	434,713	431,913	438,354	426,039	402,485	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil and Condensate [Member]
Revenues
12,934	16,589	19,214	21,644	23,675	21,073	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural Gas, Production [Member]
Revenues
16,146	17,733	19,284	18,837	17,459	15,972	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Product and Service, Other [Member]
Revenues
2,092	2,176	332	1,560	1,903	1,479	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Successor [Member]
Gain (loss) on sales of assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Crude oil
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas liquids
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease operating
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Production and ad valorem taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gathering, processing and transportation
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Exploration
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation, depletion and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reorganization items, net
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income Tax Expense (Benefit)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock Dividends, Income Statement Impact
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-0.35	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-0.35	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	14,992	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	14,992	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-