RESOLUTE ENERGY CORP REN Income Statement

Resolute energy corp (REN)

Income statement / Quarterly

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
Revenue:
Total revenue
106,747	73,380	74,718	89,255	79,371	70,260	64,592	62,667	47,419	35,390	19,002	28,498	36,617	48,396	41,133	65,932	84,102	88,459	90,878	92,681	89,085	89,116	78,897	66,856	63,393	64,479	63,540	58,920	54,024	59,908	54,056	41,828	40,642
Oil
-	-	59,651	-	-	-	57,659	54,664	42,394	33,483	17,795	25,983	32,027	43,539	36,344	58,086	75,359	79,920	80,605	84,157	82,274	81,680	72,936	61,402	59,586	59,778	59,678	53,193	48,245	53,892	48,546	36,824	35,735
Gas
-	-	6,360	-	-	-	4,352	4,899	3,574	1,210	978	1,720	3,678	3,416	3,814	5,820	6,273	6,175	7,986	6,169	5,439	5,301	4,535	4,581	3,436	4,410	3,862	4,137	4,491	5,238	5,510	4,121	4,069
Natural gas liquids
-	-	8,707	-	-	-	2,581	3,104	1,451	697	229	795	912	1,441	975	2,026	2,470	2,364	2,287	2,355	1,372	2,135	1,426	-	371	291	-	-	1,288	778	-	883	838
Operating expenses:
Lease operating
18,762	15,366	11,665	15,969	25,093	19,890	18,356	17,621	16,572	15,689	13,817	19,152	20,469	19,416	20,356	26,149	28,490	29,390	28,654	27,328	25,148	25,588	25,212	21,848	21,326	19,564	17,184	16,852	14,752	13,526	14,386	13,144	12,192
Production and ad valorem taxes
7,390	5,521	5,540	5,231	6,586	5,565	5,969	4,041	4,839	4,248	3,142	2,268	5,431	6,396	5,890	6,512	10,091	10,015	10,598	9,931	9,372	10,876	10,223	7,428	8,420	9,642	10,226	7,763	7,591	8,233	7,792	5,802	5,810
Depletion, depreciation and amortization
33,022	23,494	23,537	28,200	25,521	22,333	16,035	16,762	12,474	10,865	10,361	13,924	21,900	26,602	31,912	35,641	32,980	31,625	31,908	35,992	26,674	28,796	24,882	22,798	19,600	18,958	17,058	16,773	14,230	13,692	12,969	11,991	11,220
Impairment of proved oil and gas properties
-	-	-	-	-	-	-	0	0	0	58,000	77,000	198,000	210,000	220,000	120,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General and administrative
10,199	15,875	21,067	19,104	9,546	9,472	10,415	8,968	7,161	7,530	8,968	9,277	7,329	7,530	7,311	11,029	9,823	10,497	8,643	9,067	8,861	9,129	8,568	6,452	6,672	5,692	5,216	6,341	5,468	4,753	4,352	5,242	3,834
Cash-settled incentive awards
11,539	-47	11,341	7,164	4,996	-1,413	5,427	16,650	16,043	1,435	798	-	355	347	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
80,912	60,209	73,150	75,668	71,742	55,847	56,202	64,042	57,089	39,767	95,086	122,104	253,484	270,291	285,469	199,331	81,384	81,527	79,803	270,318	70,055	74,389	68,885	58,526	56,018	53,856	49,684	47,729	42,041	40,204	39,499	36,179	33,056
Income from operations
25,835	13,171	1,568	13,587	7,629	14,413	8,390	-1,375	-9,670	-4,377	-76,084	-93,606	-216,867	-221,895	-244,336	-133,399	2,718	6,932	11,075	-177,637	19,030	14,727	10,012	8,330	7,375	10,623	13,856	11,191	11,983	19,704	14,557	5,649	7,586
Other income (expense):
Interest expense, net
-9,963	-8,515	-7,568	-8,446	-8,527	-8,779	-17,697	-11,354	-13,272	-12,983	-13,075	-21,041	-16,307	-15,854	-11,156	-8,275	-7,841	-7,577	-7,796	-7,277	-6,763	-7,181	-8,081	-15,832	-4,601	3,696	1,214	-6,627	897	772	1,114	1,285	1,275
Commodity derivative instruments gain (loss)
-32,618	-12,120	-9,402	-10,234	-13,719	7,458	10,840	-8,045	3,972	-19,552	3,841	22,449	50,399	-21,266	24,910	120,789	27,450	-22,164	-7,934	1,170	-16,561	6,841	-6,786	-3,769	-6,772	29,546	-13,829	-36,008	49,017	21,644	-39,974	-17,002	24,226
Contingent payment derivative instrument gain
2,425	3,703	2,579	3,464	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense)
19	29	-34	32	-13	136	-60	217	114	6	6	17	6	-92	6	17	6	8	1	1	2	15	3	34	0	-17	3	16	18	18	33	18	14
Total other expense
-40,137	-16,903	-14,425	-15,184	-22,259	-1,185	-6,917	-19,182	-9,186	-32,529	-9,228	1,425	34,098	-37,212	13,760	112,531	19,615	-29,733	-15,729	-6,106	-23,322	-325	-14,864	-9,747	-11,373	25,833	-15,040	-37,053	48,138	20,890	-41,055	-18,269	22,965
Income (loss) before income taxes
-14,302	-	-12,857	-	-14,630	-	1,473	-	-18,856	-	-	-92,181	-182,769	-259,107	-230,576	-20,868	22,333	-22,801	-4,654	-183,743	-4,292	14,402	-4,852	-1,417	-3,998	36,456	-1,184	-25,862	60,121	40,594	-26,498	-12,620	30,551
Income tax benefit
0	-	0	-	-28	-	0	-	0	-	-	0	0	0	-22,354	-3,720	7,367	-6,681	-1,106	-66,637	-1,618	5,379	-1,803	208	-1,519	13,634	-442	-9,882	22,551	14,926	-9,725	-5,560	11,483
Net income (loss)
-14,302	-3,732	-12,857	-1,332	-14,602	13,228	1,473	-20,648	-18,856	-36,906	-85,312	-92,181	-182,769	-259,107	-208,222	-17,148	14,966	-16,120	-3,548	-117,106	-2,674	9,023	-3,049	-1,625	-2,479	22,822	-742	-15,980	37,570	25,668	-16,773	-7,060	19,068
Preferred stock dividends
1,269	1,270	1,269	2,540	0	2,538	1,397	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss available to common stockholders
-15,571	-5,002	-14,126	-3,872	-14,602	10,690	76	-20,648	-18,856	-36,906	-85,312	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per common share:
Basic
-	-0.22	-	-	-	0.49	-	-	-	-2.44	-5.65	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.04	0.38	-	-	0.64	0.44	-	-0.14	0.38
Diluted
-	-0.22	-	-	-	0.47	-	-	-	-2.44	-5.65	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.04	0.37	-	-	0.59	0.37	-	-0.14	0.38
Basic and diluted
-0.70	-	-0.64	-	-0.71	-	0.01	-	-1.24	-	-	-17.25	-12.20	-17.30	-2.80	-1.43	0.20	-0.22	-0.05	-1.72	-0.04	0.14	-0.05	-	-	-	-0.01	-	-	-	-0.32	-	-
Weighted average common shares outstanding:
Basic
-	22,306	22,038	-	-	21,917	21,738	-	-	15,155	15,036	-	-	-	-	-	73,886	-	-	-	73,100	-	-	-	59,431	59,405	-	-	59,138	58,883	-	49,905	49,905
Diluted
-	22,306	22,038	-	-	22,894	22,791	-	-	15,155	15,036	-	-	-	-	-	74,050	-	-	-	73,100	-	-	-	59,431	60,865	-	-	64,039	70,154	-	49,905	50,526
Basic and diluted
22,337	-	-	-	21,941	-	-	-	15,173	-	-	-44,276	14,971	14,965	74,284	-	-	73,843	73,540	-	-	66,782	59,802	-	-	-	59,400	-	-	-	-	-	-