Sanchez energy corp (SN)
Income statement / Quarterly
Sep'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'11
REVENUES:
Sales and marketing revenues

7,283

5,676

5,145

8,803

7,012

5,096

4,802

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total revenues

162,546

195,083

216,722

268,662

277,710

259,314

251,228

-

184,806

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Oil sales

-

-

-

-

-

-

-

-

-

-

73,276

-

64,041

65,786

42,682

63,417

69,532

99,498

75,524

124,403

157,907

136,902

119,675

118,687

87,436

54,872

29,327

-

12,308

-

-

-

-

-

-

Oil sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,089

7,461

-

2,633

3,656

-

Natural gas liquid sales

-

-

-

-

-

-

-

-

-

-

27,100

-

19,511

21,979

15,045

20,409

17,055

17,694

13,853

23,071

27,309

8,116

8,493

6,848

3,190

2,047

928

5

3

5

2

-

-

-

-

Oil sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,144

Natural gas sales

-

-

-

-

-

-

-

-

-

-

33,467

-

31,255

23,203

22,089

25,706

27,939

23,936

21,216

25,017

22,134

6,643

6,394

4,565

3,574

2,166

780

172

182

227

185

152

61

236

140

Total revenues

-

-

-

-

-

-

-

-

-

175,704

133,843

-

114,807

110,968

79,816

109,532

114,526

141,128

110,593

172,491

207,350

151,661

134,562

130,100

94,200

59,085

31,035

16,696

12,493

6,321

7,648

4,646

2,694

3,892

3,284

OPERATING COSTS AND EXPENSES:
Oil and natural gas production expenses

74,740

75,747

80,955

80,329

75,594

77,644

71,948

-

69,829

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Oil and natural gas production expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44,693

-

40,345

35,658

34,163

29,378

34,380

13,911

15,912

14,572

11,026

6,813

3,258

1,386

610

630

775

-

-

-

-

Oil and natural gas production expenses

-

-

-

-

-

-

-

-

-

62,620

37,998

-

38,997

44,919

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

440

462

306

Exploration expenses

164

3,548

1,270

48

2,698

516

33

0

957

4,446

352

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales and marketing expenses

6,672

4,988

4,931

7,334

7,239

5,086

4,173

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Production and ad valorem taxes

9,867

11,765

13,050

13,564

15,221

14,208

13,469

9,946

11,346

8,799

6,524

5,581

3,921

6,188

3,943

6,859

3,038

8,303

8,670

8,626

10,916

7,842

10,403

6,392

5,531

3,361

2,050

555

613

562

394

-

157

-

-

Production and ad valorem taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

217

177

Depreciation, depletion, amortization and accretion

57,864

62,575

67,481

72,966

67,944

62,323

59,248

62,401

47,431

40,842

26,404

19,527

37,651

43,342

46,965

-32,162

89,167

104,717

102,657

112,800

93,463

70,583

61,251

58,477

38,372

24,623

13,373

6,636

4,580

2,464

2,242

1,491

800

1,101

860

Impairment of oil and natural gas properties

9,761

9,214

3,930

10,127

3,117

194

948

36,989

740

0

1,845

-121,665

59,582

87,380

22,084

-641,029

454,628

468,922

441,450

213,821

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accretion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

2

-

-

-

-

Accretion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

1

1

General and administrative expense

20,915

48,492

20,483

24,803

21,312

29,467

22,420

32,558

14,665

29,713

67,465

39,682

26,936

23,983

19,480

14,870

15,851

21,962

21,477

2,693

12,821

28,869

19,309

12,387

15,195

12,632

7,737

5,788

2,844

22,353

6,254

1,864

980

1,151

1,373

Prepetition restructuring charges

18,231

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total operating costs and expenses

198,214

216,329

192,100

209,171

193,125

189,438

172,239

215,908

144,968

146,420

140,588

-29,421

167,087

205,812

137,165

-604,974

603,029

639,562

608,417

367,318

151,580

121,205

106,875

91,828

70,124

47,429

26,418

14,360

8,647

26,012

9,667

4,050

2,379

2,932

2,717

Operating income (loss)

-35,668

-21,246

24,622

59,491

84,585

69,876

78,989

30,070

39,838

29,284

-6,745

155,156

-52,280

-94,844

-57,349

714,506

-488,503

-498,434

-497,824

-194,827

55,770

30,456

27,687

38,272

24,076

11,656

4,617

2,336

3,846

-19,691

-2,019

596

315

960

567

Other income (expense):
Interest income

221

603

622

951

1,130

1,528

742

166

163

150

357

227

146

158

325

-

65

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income (expense)

-12,829

-1,787

826

-10,467

-7,677

6,715

3,428

5,648

1,537

-6,618

10,535

329

7

211

-413

-

-818

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of oil and natural gas properties

-

-

-

-

-

1,528

-

0

71,589

6,022

4,344

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income and other expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

773

-1,824

-

82

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest and other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

12

-

32

51

21

43

12

11

8

-

-

-

-

Interest expense

22,884

44,561

44,553

45,194

44,154

44,590

43,920

35,491

35,686

35,961

33,025

31,748

31,797

31,822

31,606

31,899

31,442

31,500

31,558

31,655

27,612

17,261

13,272

13,321

9,460

7,069

1,084

-

-

-

-

-

-

-

-

Earnings from equity investments

-

-

-

-

-

-

-

0

102

242

435

312

463

2,179

512

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains (losses) on commodity derivatives

13,200

14,396

-48,423

114,628

-28,286

-70,044

-44,054

-62,876

-41,719

59,614

38,881

-35,796

18,640

-58,750

22,757

61,336

103,996

-33,749

41,303

130,806

47,416

-31,900

-9,117

-3,126

-14,436

4,252

-3,628

-1,551

-2,191

4,033

-1,033

-

1,759

-201

-

Total other expense

-22,292

-31,349

-91,528

59,918

-78,987

-104,863

-83,804

-92,553

-4,014

23,449

21,527

18,646

-12,541

-88,024

-8,425

-

71,801

-64,476

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reorganization items

55,321

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) before income taxes

-113,281

-52,595

-66,906

119,409

5,598

-34,987

-4,815

-62,483

35,824

52,733

14,782

173,802

-64,821

-182,868

-65,774

-

-416,702

-562,910

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other income (expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,921

-

19,886

-49,158

-22,377

-16,416

-23,864

-2,766

-4,691

-

-

-

-

-

-

-

-

Income (loss) before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-489,903

-

75,656

-18,702

5,310

21,856

212

8,890

-74

-

1,667

-

-

-

-

-

-

Income tax benefit

-833

-374

-436

-

-

-

-

-1,128

0

-255

-953

-

1,441

-

-

-7,442

158

0

7,442

-33,375

26,625

-6,544

1,865

-

-3,668

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-112,448

-52,969

-67,342

119,409

5,598

-34,987

-4,815

-61,355

35,824

52,988

15,735

173,418

-66,262

-182,868

-65,774

751,026

-416,860

-562,910

-497,345

-62,109

49,031

-12,158

3,445

14,202

3,880

8,890

-74

729

1,667

-15,647

-3,044

-

2,074

759

-

Less:
Preferred stock dividends

2,312

2,325

2,516

3,987

3,987

3,987

3,987

3,986

3,988

3,987

3,987

3,987

3,987

3,987

3,987

4,035

3,991

3,991

3,991

3,991

4,274

7,132

18,193

-

5,485

5,484

2,072

-

264

-

-

-

-

-

-

Preferred unit dividends and distributions

12,500

12,500

12,500

12,500

12,500

12,500

9,908

8,496

8,347

10,950

16,466

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred unit amortization

7,638

7,358

7,033

6,739

6,458

6,189

5,930

5,530

5,517

5,282

1,710

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income allocable to participating securities

-

-

-

-

-

-

-

-

1,230

2,378

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income allocable to participating securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

2,068

-

-

-

-

159

-

-

21

-

-

-

-

-

-

Net loss attributable to common stockholders

-134,898

-75,152

-89,391

96,183

-17,347

-57,663

-24,640

-75,759

16,742

30,391

-6,428

169,431

-70,249

-186,855

-69,761

746,991

-420,851

-566,901

-501,336

-64,032

42,689

-19,290

-14,748

8,513

-1,605

3,247

-2,146

-1,098

1,382

-15,647

-3,044

-

2,074

-

567

Net loss per common share - basic and diluted (in dollars per share)

-1.39

-0.78

-0.98

1.18

-0.21

-0.71

-0.30

-

-

-

-0.09

2.92

-1.19

-3.20

-1.20

13.10

-7.33

-9.91

-8.83

-

-

-0.38

-0.31

-

-

0.10

-0.06

-0.04

0.04

-0.47

-0.09

-

0.09

-

-

Net income (loss) per share - basic and diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.03

0.03

Weighted average number of shares used to calculate net loss attributable to common stockholders - basic and diluted (in shares)

97,395

96,697

91,663

82,277

82,073

81,787

80,919

-

-

-

69,659

59,898

59,190

58,413

58,099

57,501

57,426

57,184

56,805

-

-

50,602

47,025

-

-

33,117

33,099

33,000

33,000

33,000

33,000

23,643

22,091

22,091

22,091

Net income (loss) per common share - basic (in dollars per share)

-

-

-

-

-

-

-

-

0.22

0.40

-

-

-

-

-

-

-

-

-

-

0.77

-

-

-

-0.05

-

-

-

-

-

-

-

-

-

-

Weighted average number of shares used to calculate net income (loss) attributable to common stockholders - basic (in shares)

-

-

-

-

-

-

-

-

77,453

76,395

-

-

-

-

-

-

-

-

-

-

55,732

-

-

-

34,737

-

-

-

-

-

-

-

-

-

-

Net income (loss) per common share - diluted (in dollars per share)

-

-

-

-

-

-

-

-

0.22

0.39

-

-

-

-3.20

-

-

-

-

-

-

0.69

-

-

-

-0.05

-

-

-

-

-

-

-

-

-

-

Weighted average number of shares used to calculate net income (loss) attributable to common stockholders - diluted ( in shares)

-

-

-

-

-

-

-

-

77,553

89,015

-

-

-

58,413

-

-

-

-

-

-

68,340

-

-

-

34,737

-

-

-

-

-

-

-

-

-

-

Oil sales
Revenues

106,016

128,380

128,028

150,820

161,243

156,544

155,392

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Natural gas liquid sales
Revenues

22,675

29,716

40,500

56,252

69,995

56,533

49,305

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Natural gas sales
Revenues

26,572

31,311

43,049

52,787

39,460

41,141

41,729

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-