Qep resources, inc. (QEP)
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'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues [Abstract]
Revenues

225,800

321,900

307,500

296,200

280,600

429,600

560,800

532,400

409,800

483,800

380,900

373,000

385,200

716,600

201,600

207,700

143,800

193,300

211,700

250,400

178,800

-

393,500

-

288,700

260,300

253,800

208,300

194,200

196,900

117,700

107,200

110,800

103,600

76,900

80,700

63,000

49,900

44,700

Gas sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

123,200

79,200

85,100

105,200

129,400

111,900

122,000

-

171,600

-

222,500

168,500

194,800

218,100

197,600

197,000

170,300

138,900

161,200

318,000

309,800

298,700

312,600

283,200

260,600

NGL sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,800

22,800

13,600

18,300

16,500

26,100

19,100

-

51,100

-

63,200

800

47,700

75,300

68,400

-62,800

67,500

82,100

97,400

118,800

79,300

63,800

47,900

9,300

9,000

Operating Expenses [Abstract]
Transportation and processing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

70,300

75,800

69,500

73,600

75,100

78,100

73,000

65,100

-

71,100

-

59,900

93,300

58,600

37,300

32,800

86,600

36,300

40,700

34,500

29,000

27,500

24,000

21,700

-

-

General and administrative

15,900

31,400

29,600

31,500

63,300

57,500

48,300

55,800

60,100

45,200

43,400

31,300

33,600

38,600

66,500

42,900

48,500

27,300

42,000

51,300

47,400

-

49,400

-

45,300

32,800

40,700

40,900

46,000

133,900

41,700

36,800

36,000

34,100

28,700

28,700

31,700

24,700

25,700

Separation costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

200

14,000

Production and property taxes

18,700

28,300

20,000

23,600

24,000

26,900

37,400

37,600

28,900

28,200

28,500

28,500

29,100

29,500

26,800

20,700

17,800

26,900

30,200

32,700

27,800

-

59,400

-

47,900

45,500

40,600

39,300

35,900

30,100

24,300

19,400

24,700

26,900

27,700

27,100

23,700

19,700

19,000

Depreciation, depletion and amortization

142,200

144,500

144,200

128,000

123,300

183,500

234,900

242,200

196,500

194,300

176,900

191,500

191,800

203,600

217,800

209,700

240,000

231,800

238,100

215,800

195,400

-

251,400

-

225,900

221,400

238,400

249,800

254,200

201,900

234,600

214,400

199,300

199,200

189,000

186,600

190,800

170,500

151,600

Exploration expenses

-

-

0

0

-

-

0

100

-

300

21,300

0

400

800

200

400

300

0

800

800

1,100

-

800

-

2,200

2,400

1,800

2,600

5,100

4,900

2,200

2,100

2,000

3,000

2,400

2,300

2,800

2,900

2,700

Impairment

0

0

0

0

5,000

1,156,500

0

403,700

700

50,500

28,300

0

100

6,100

5,000

800

1,182,400

20,100

15,000

500

20,000

1,139,600

100

1,500

2,000

89,000

3,800

200

0

62,100

9,000

55,400

6,500

201,800

5,700

5,300

5,400

12,200

9,300

Total Operating Expenses

236,700

274,400

253,300

241,700

283,200

1,525,600

431,100

850,300

411,000

461,800

443,400

404,400

425,300

436,200

480,800

425,000

1,640,800

597,500

608,200

615,800

566,200

-

783,100

-

679,100

661,000

649,000

644,100

631,500

729,100

555,000

554,800

555,200

836,800

697,700

639,400

480,800

426,100

404,400

Gain (Loss) on Disposition of Oil and Gas Property

3,700

1,400

-2,100

17,800

-13,200

-1,700

27,100

-3,900

3,500

8,300

185,400

19,800

0

0

5,300

-800

500

-2,300

12,900

24,500

-30,500

-

-11,800

-

2,400

-9,500

12,800

100,400

-200

-300

0

0

1,500

0

1,200

200

0

10,800

2,400

OPERATING INCOME (LOSS)

-7,200

48,900

52,100

72,300

-15,800

-1,116,800

156,800

-321,800

21,400

-24,500

132,100

-900

-5,200

-36,500

-93,100

-92,100

-1,379,000

-131,500

-87,700

-16,700

-128,600

-

115,100

-

140,800

-152,400

83,300

207,300

64,800

-302,600

-12,600

-55,500

49,500

16,500

183,400

168,900

137,100

149,300

127,600

Gain (Loss) on Derivative Instruments, Net, Pretax

449,900

-117,600

87,400

38,500

-181,700

330,700

-108,000

-79,100

-53,200

-138,800

-104,300

106,700

160,900

-147,900

44,500

-180,500

50,900

108,700

153,600

-66,000

80,900

-

155,700

-

-80,900

7,300

-27,800

114,000

-34,600

98,800

36,100

82,300

216,300

0

0

0

0

-

-

Interest and other income (expense)

-2,600

100

900

900

2,800

-5,500

-300

-3,100

-700

-900

100

1,800

600

18,100

4,600

-1,100

2,100

-11,600

300

3,800

-2,600

-

4,200

-

2,900

4,000

6,100

3,100

2,000

12,600

-200

900

1,700

4,600

-700

-400

600

1,600

2,000

Income from unconsolidated affiliates

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

100

-

-

-2,700

0

1,600

1,300

-5,500

2,300

1,400

1,900

1,000

2,300

1,300

900

1,100

600

Gain from early extinguishment of debt

25,200

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-600

-

-

-700

0

-

-13,300

-

Interest expense

31,600

94,500

32,800

-33,200

34,000

113,900

38,700

-38,200

35,000

34,700

34,400

34,900

33,800

34,000

35,900

36,600

36,700

36,200

36,400

36,200

36,800

-

41,500

-

41,900

42,900

41,400

41,400

39,400

43,400

30,000

28,200

24,700

23,000

22,800

22,100

22,100

22,600

20,300

INCOME (LOSS) BEFORE INCOME TAXES

433,700

-97,700

107,600

78,500

-228,700

-829,100

9,800

-442,200

-67,500

-231,600

-6,500

72,700

122,500

-200,300

-79,900

-310,300

-1,362,700

-70,600

29,800

-115,100

-87,100

-

233,600

-

20,900

-186,700

20,200

284,600

-5,900

-240,100

-4,400

300

244,700

-900

161,500

147,700

116,500

116,100

109,900

Income tax (provision) benefit

-66,300

-98,700

-26,600

-29,700

112,000

-407,200

-2,500

106,200

-13,900

-381,900

-3,200

27,300

45,600

-67,000

-29,000

-113,300

-498,900

-32,000

8,700

-38,800

-31,500

-

79,900

-

8,200

-50,600

8,100

104,800

-2,200

-88,400

-2,300

100

88,700

-1,600

59,100

54,200

42,700

44,200

40,400

NET INCOME FROM CONTINUING OPERATIONS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

153,700

-

12,700

-

12,100

-

-

-

-

-

-

-

-

-

-

71,900

69,500

Net income from discontinued operations, net of income tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,400

-

27,000

-

25,200

-

-

-

-

-

-

-

-

-

-

0

22,000

NET INCOME (LOSS)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

179,800

-3,700

-

-2,100

200

156,000

700

102,400

93,500

73,800

71,900

91,500

Net income attributable to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,400

600

-

1,000

900

800

1,000

900

700

600

800

700

Net income (loss)

367,400

-110,400

81,000

48,800

-116,700

-629,300

7,300

-336,000

-53,600

150,300

-3,300

45,400

76,900

-133,300

-50,900

-197,000

-863,800

-38,600

21,100

-76,300

-55,600

665,900

171,100

-92,300

39,700

-52,000

37,300

178,400

-4,300

-23,100

-3,100

-700

155,200

-300

101,500

92,800

73,200

71,100

90,800

Earnings Per Share [Abstract]
Basic from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.40

0.39

Basic from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.13

Basic

1.54

-0.46

0.34

0.20

-0.49

-2.64

0.03

-1.42

-0.22

0.62

-0.01

0.19

0.32

0.04

-0.21

-0.90

-4.55

-0.22

0.12

-0.43

-0.32

3.70

0.95

-0.51

0.22

-0.29

0.21

0.99

-0.02

-0.13

-0.02

0.00

0.87

-0.01

0.58

0.52

0.42

0.40

0.52

Diluted from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.40

0.39

Diluted from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.12

Diluted

1.54

-0.46

0.34

0.20

-0.49

-2.64

0.03

-1.42

-0.22

0.62

-0.01

0.19

0.32

0.04

-0.21

-0.90

-4.55

-0.22

0.12

-0.43

-0.32

3.71

0.94

-0.51

0.22

-0.29

0.21

0.99

-0.02

-0.13

-0.02

0.00

0.87

0.00

0.57

0.52

0.41

0.40

0.51

Weighted Average Number of Shares Outstanding, Diluted [Abstract]
Weighted Average Number of Shares Outstanding, Basic

239,100

237,800

237,900

238,000

237,100

236,800

236,900

237,000

240,900

241,000

240,700

240,500

240,200

239,800

239,600

217,700

189,700

176,800

176,700

176,700

176,200

179,300

180,100

180,100

179,700

181,200

179,300

179,300

177,000

178,200

177,900

177,700

177,400

176,600

176,600

176,600

176,200

175,400

175,100

Weighted Average Number of Shares Outstanding, Diluted

239,100

237,800

237,900

238,000

237,100

236,700

237,000

237,000

240,900

240,800

240,700

240,600

240,300

239,800

239,600

217,700

189,700

176,800

176,700

176,700

176,200

178,500

180,600

180,100

180,000

182,000

179,500

179,500

177,000

180,700

177,900

177,700

178,500

178,200

178,500

178,600

178,300

177,900

177,600

Dividends per common share

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

-

0.00

0.00

0.00

-

0.02

0.02

0.02

-

0.02

0.02

0.02

-

0.02

0.02

0.02

-

0.02

0.02

0.02

-

0.02

0.02

0.02

0.02

-

Oil and Gas, Exploration and Production [Member]
Revenues

221,800

311,600

305,600

294,600

275,600

378,100

544,000

520,300

428,900

351,400

390,100

383,700

420,100

399,700

382,400

333,700

261,300

468,300

507,600

574,600

468,100

-

910,000

-

817,500

518,100

719,500

751,000

696,500

426,800

542,400

499,300

603,200

853,300

879,900

808,100

617,900

564,600

529,600

Product and Service, Other [Member]
Revenues

400

800

1,800

1,600

3,700

700

3,800

3,000

5,000

4,700

3,600

2,700

4,000

1,900

2,500

-500

2,300

2,700

2,800

5,200

4,400

-

3,400

-

2,500

-68,600

2,800

42,600

45,600

-114,400

46,300

45,800

49,800

38,200

57,100

58,900

46,600

76,400

80,400

Oil and Gas, Purchased [Member]
Revenues

3,600

9,500

100

0

1,300

12,600

13,000

9,100

14,100

18,100

5,600

8,000

30,900

24,900

35,300

24,500

16,500

148,800

147,200

181,000

143,800

-

290,400

-

240,600

157,100

220,400

206,700

190,700

210,100

140,600

125,300

184,000

274,700

356,800

306,000

147,800

145,800

134,900

Operating Costs and Expenses

3,500

9,500

100

0

1,400

12,400

13,300

9,800

15,500

18,900

6,900

9,100

29,400

24,700

37,100

26,800

16,900

151,700

146,000

183,200

145,900

-

288,400

-

237,900

160,200

219,500

207,000

196,800

214,800

142,600

124,900

188,400

273,800

352,700

303,900

146,700

143,600

133,900

Lease Operating Expense [Member]
Operating Costs and Expenses

40,200

47,400

38,300

45,700

51,500

59,500

64,600

66,500

72,500

79,400

76,200

70,000

69,200

61,400

50,700

52,600

60,000

63,200

56,700

57,100

61,800

-

61,100

-

56,400

54,200

43,500

43,500

40,100

53,000

42,200

40,500

40,100

41,100

37,000

34,300

32,800

32,800

28,600

Natural Gas, Gathering, Transportation, Marketing and Processing [Member]
Operating Costs and Expenses

13,500

9,900

18,000

9,900

10,900

24,400

28,000

31,200

34,000

42,700

60,200

72,200

70,200

1,200

900

1,600

1,300

1,400

1,300

1,400

1,700

-

1,400

-

1,600

-37,800

2,100

23,500

20,600

-58,200

22,100

20,600

23,700

27,900

27,000

27,200

25,200

19,500

19,600

Gathering and other expense [Member]
Operating Costs and Expenses

2,700

3,300

3,100

3,000

3,800

4,700

4,600

3,400

2,800

2,300

1,700

1,800

1,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-