QEP RESOURCES, INC. QEP Income Statement

Qep resources, inc. (QEP)

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	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues [Abstract]
Revenues
1,151	1,206	1,313	1,567	1,803	1,932	1,986	1,806	1,647	1,622	1,855	1,676	1,511	1,269	746	756	799	834	1,034	0	0	-	0	-	1,011	916	853	717	616	532	439	398	372	324	270	238	0	0	0
Gas sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	392	398	431	468	534	0	0	-	0	-	803	779	807	783	703	667	788	927	1,087	1,239	1,204	1,155	0	0	0
NGL sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	74	71	74	80	112	0	0	-	0	-	187	192	128	148	155	184	365	377	359	309	200	130	0	0	0
Operating Expenses [Abstract]
Transportation and processing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	289	294	296	299	291	287	0	0	-	0	-	249	222	215	193	196	198	140	131	115	102	0	0	0	-	-
General and administrative
108	155	181	200	224	221	209	204	180	153	146	170	181	196	185	160	169	168	190	0	0	-	0	-	159	160	261	262	258	248	148	135	127	123	113	110	0	0	0
Separation costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Production and property taxes
90	95	94	111	125	130	132	123	114	114	115	113	106	94	92	95	107	117	150	0	0	-	0	-	173	161	145	129	109	98	95	98	106	105	98	89	0	0	0
Depreciation, depletion and amortization
558	540	579	669	783	857	867	809	759	754	763	804	822	871	899	919	925	881	900	0	0	-	0	-	935	963	944	940	905	850	847	801	774	765	736	699	0	0	0
Exploration expenses
-	-	0	0	-	-	0	0	-	22	22	1	1	1	0	1	1	2	3	0	0	-	0	-	9	11	14	14	14	11	9	9	9	10	10	10	0	0	0
Impairment
0	5	1,161	1,161	1,565	1,560	454	483	79	78	34	11	12	1,194	1,208	1,218	1,218	55	1,175	1,160	1,161	1,143	92	96	95	93	66	71	126	133	272	269	219	218	28	32	0	0	0
Total Operating Expenses
1,006	1,052	2,303	2,481	3,090	3,218	2,154	2,166	1,720	1,734	1,709	1,746	1,767	2,982	3,144	3,271	3,462	2,387	2,573	0	0	-	0	-	2,633	2,585	2,653	2,559	2,470	2,394	2,501	2,644	2,729	2,654	2,244	1,950	0	0	0
Gain (Loss) on Disposition of Oil and Gas Property
20	3	0	30	8	25	35	193	217	213	205	25	4	5	2	10	35	4	-4	0	0	-	0	-	106	103	112	99	-0	1	1	2	2	1	12	13	0	0	0
OPERATING INCOME (LOSS)
166	157	-1,008	-903	-1,297	-1,260	-168	-192	128	101	89	-135	-226	-1,600	-1,695	-1,690	-1,614	-364	-117	0	0	-	0	-	279	203	52	-43	-305	-321	-2	193	418	505	638	582	0	0	0
Gain (Loss) on Derivative Instruments, Net, Pretax
458	-173	274	79	-38	90	-379	-375	-189	24	15	164	-123	-233	23	132	247	277	324	0	0	-	0	-	12	58	150	214	182	433	334	298	216	0	0	0	0	-	-
Interest and other income (expense)
-0	4	-0	-2	-6	-9	-5	-4	0	1	20	25	22	23	-6	-10	-5	-10	5	0	0	-	0	-	16	15	23	17	15	15	7	6	5	4	1	3	0	0	0
Income from unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-2	-0	-0	0	6	6	6	5	5	3	0	0	0
Gain from early extinguishment of debt
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	0	-
Interest expense
125	128	147	153	148	149	70	65	139	137	137	138	140	143	145	145	145	145	150	0	0	-	0	-	167	165	165	154	141	126	105	98	92	90	89	87	0	0	0
INCOME (LOSS) BEFORE INCOME TAXES
522	-140	-871	-969	-1,490	-1,329	-731	-747	-232	-42	-11	-85	-468	-1,953	-1,823	-1,713	-1,518	-243	61	0	0	-	0	-	139	112	58	34	-250	0	239	405	553	424	541	490	0	0	0
Income tax (provision) benefit
-221	-43	-351	-327	-191	-317	-292	-292	-371	-312	2	-23	-163	-708	-673	-635	-561	-93	18	0	0	-	0	-	70	60	22	11	-92	-1	84	146	200	154	200	181	0	0	0
NET INCOME FROM CONTINUING OPERATIONS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	0	0
Net income from discontinued operations, net of income tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	0	0
NET INCOME (LOSS)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	154	259	352	270	341	330	0	0	0
Net income attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	3	3	3	3	3	2	0	0	0
Net income (loss)
386	-97	-616	-689	-1,074	-1,011	-232	-242	138	269	-14	-61	-304	-1,245	-1,150	-1,078	-957	-149	555	705	689	784	66	-67	203	159	188	147	-31	128	151	255	349	267	338	327	0	0	0
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	237	237	238	237	236	236	237	240	241	240	240	240	239	239	217	189	176	176	176	176	179	180	180	179	181	179	179	177	178	177	177	177	176	176	176	176	175	175
Weighted Average Number of Shares Outstanding, Diluted
239	237	237	238	237	236	237	237	240	240	240	240	240	239	239	217	189	176	176	176	176	178	180	180	180	182	179	179	177	180	177	177	178	178	178	178	178	177	177
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
1,133	1,187	1,253	1,492	1,718	1,871	1,844	1,690	1,554	1,545	1,593	1,585	1,535	1,377	1,445	1,570	1,811	2,018	2,460	0	0	-	0	-	2,806	2,685	2,593	2,416	2,165	2,071	2,498	2,835	3,144	3,159	2,870	2,520	0	0	0
Product and Service, Other [Member]
Revenues
4	7	7	9	11	12	16	16	16	15	12	11	7	6	7	7	13	15	15	0	0	-	0	-	-20	22	-23	20	23	27	180	190	204	200	239	262	0	0	0
Oil and Gas, Purchased [Member]
Revenues
13	10	14	26	36	48	54	46	45	62	69	99	115	101	225	337	493	620	762	0	0	-	0	-	824	774	827	748	666	660	724	940	1,121	1,085	956	734	0	0	0
Operating Costs and Expenses
13	11	13	27	36	51	57	51	50	64	70	100	118	105	232	341	497	626	763	0	0	-	0	-	824	783	838	761	679	670	729	939	1,118	1,077	946	728	0	0	0
Lease Operating Expense [Member]
Operating Costs and Expenses
171	182	195	221	242	263	283	294	298	294	276	251	233	224	226	232	237	238	236	0	0	-	0	-	197	181	180	178	175	175	163	158	152	145	136	128	0	0	0
Natural Gas, Gathering, Transportation, Marketing and Processing [Member]
Operating Costs and Expenses
51	48	63	73	94	117	135	168	209	245	203	144	73	5	5	5	5	5	5	0	0	-	0	-	-10	8	-12	8	5	8	94	99	105	107	98	91	0	0	0
Gathering and other expense [Member]
Operating Costs and Expenses
12	13	14	16	16	15	13	10	8	7	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-