Sanchez midstream partners lp (SNMP)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues
Gathering and transportation lease revenues

59,090

53,025

-

-

-

-

-

-

-

-

-

Natural gas sales

-

-

-

10,408

19,809

-

-

-

-

-

-

Oil sales

-

-

-

5,138

35,297

40,337

20,436

-

-

-

-

Natural gas liquid sales

-

-

-

1,167

1,597

-

-

12,508

10,870

4,695

4,546

Natural gas liquid sales

-

-

-

-

-

2,477

512

-

-

-

-

Gathering and transportation sales

-

-

-

53,972

11,725

-

-

-

-

-

-

Total revenues

-

-

-

70,685

68,428

34,458

23,129

34,019

133,769

103,997

118,580

Gain / (Loss) from mark-to-market activities (see Note 3)

-

-

-

-

-

-

-

-

-39,422

42,081

19,410

Total revenues

76,600

83,600

88,149

-

-

77,272

44,077

46,527

105,217

150,773

142,536

Expenses:
Operating expenses
Lease operating expenses

7,378

7,864

12,994

-

-

-

-

-

-

-

-

Transportation operating expenses

11,553

12,316

11,600

-

-

-

-

-

-

-

-

Cost of sales

-

-

77

-

-

-

-

-

-

-

-

Lease operating expenses

-

-

-

14,981

19,988

21,012

18,858

19,411

27,949

30,798

33,535

Transportation operating expenses

-

-

-

12,478

2,176

-

-

-

-

-

-

Cost of sales

-

-

-

328

595

1,487

1,455

1,299

2,188

2,473

2,638

Production taxes

621

1,104

1,476

1,167

1,792

3,200

2,601

1,646

2,897

3,179

3,153

General and administrative expenses

17,610

23,653

22,655

22,901

23,655

16,499

22,214

15,747

16,599

20,351

18,506

Unit-based compensation expense

1,351

1,938

3,373

1,941

2,454

-

-

-

-

-

-

Exploration costs

-

-

-

-

1,866

-

-

-

131

760

855

Gain on sale of assets

-

3,186

4,150

-219

111

-223

-4

-7

-19

18

-

Depreciation, depletion and amortization

25,333

25,987

34,830

33,799

14,536

17,533

18,972

11,732

22,139

85,263

71,173

Asset impairments

32,119

-

4,688

7,646

123,860

5,424

2,357

109

2,935

272,487

5,113

Accretion expense

526

497

773

1,127

1,099

604

519

459

907

822

406

Total other expenses

-

-

-

-

-

-1,787

-2,954

-5,579

-9,867

-11,568

-16,180

Total operating expenses

96,491

70,173

88,316

96,587

191,910

67,769

69,934

55,989

85,631

427,683

151,559

Total operating expenses

-

-

-

-

-

65,982

66,980

50,410

75,764

416,115

135,379

Other (income) expense
Interest expense, net

39,789

10,961

8,341

5,093

4,207

2,076

3,150

5,734

8,886

12,721

11,967

Gain on embedded derivatives

-

-

-

47,794

-9,982

-

-

-

-

-

-

Losses (earnings) from equity investments

2,831

12,859

7,885

2,382

81

-

-

-

-

-

-

Interest expense (Gain)/Loss from mark-to-market activities (see Note 3)

-

-

-

-

-

-

-

-

1,232

-765

4,338

Interest (income)

-

-

-

-

-

-

-

-

2

3

2

Other income

5,860

546

-2,417

50

589

289

196

155

249

385

123

Total other expenses

31,098

-2,444

2,873

-45,133

13,519

-

-

-

-

-

-

Total expenses

127,589

67,729

91,189

51,454

205,429

-

-

-

-

-

-

Loss before income taxes

-50,940

15,881

-3,040

19,231

-137,001

-

-

-

-

-

-

Income tax expense (benefit)

202

190

-

0

55

-

-

-

-

-

-

Income (loss) from continuing operations

-

-

-

-

-

9,503

-25,857

-9,462

-

-

-

Loss from discontinued operations

-

-

-

-

-

-

-2,686

-

-

-

-

Loss from discontinued operations

-

-

-

-

-

-

-

-77,081

-

-

-

Net loss

-51,142

15,691

-3,040

19,231

-137,056

9,503

-28,543

-86,543

19,586

-276,910

-9,023

Preferred unit paid-in-kind distributions

14,409

3,500

2,625

-

1,425

-

-

-

-

-

-

Preferred unit distributions

8,838

33,425

33,250

39,375

7,418

-

-

-

-

-

-

Preferred unit amortization

1,708

2,358

1,796

24,340

8,919

-

-

-

-

-

-

Deemed contribution

103,773

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to common unitholders - Basic

27,676

-23,592

-40,711

-44,484

-154,818

-

-

-

-

-

-

Mark-to-market on Warrant

-3,244

-

-

-

-

-

-

-

-

-

-

Net income (loss) attributable to common unitholders - Diluted

24,432

-23,592

-

-

-

-

-

-

-

-

-

Net loss per unit
Common units - Basic (in dollars per share)

1.46

-1.55

-

-

-

-

-

-

-

-

-

Common units - Diluted (in dollars per share)

1.23

-1.55

-

-

-

-

-

-

-

-

-

Common units - Basic

18,939

15,264

-

-

-

-

-

-

-

-

-

Common units - Diluted

19,810

15,264

-

-

-

-

-

-

-

-

-

Common Units - Basic and Diluted (in units)

-

-

-

4,658

-

-

-

-

-

-

-

Change in fair value of commodity hedges

-

-

-

-

-

-

-

202

232

-495

-

Cash settlement of commodity hedges

-

-

-

-

-

-

-

-5,639

-5,715

-17,341

-

Change in fair value of interest rate hedge

-

-

-

-

-

-

-

-

-

389

-

Other comprehensive loss

-

-

-

-

-

-

-

-5,437

-5,483

-17,447

-

Other comprehensive income (loss)

-

-

-

-

-

-

-

-

-

-

-21,760

Comprehensive income (loss)

-

-

-

-

-

-

-

-91,980

14,103

-294,357

-30,783

Earnings (loss) per unit - Basic

-

-

-

-

-

-

-

-

0.81

-11.36

-0.40

Earnings (loss) per unit - Diluted

-

-

-

-

-

-

-

-

0.81

-11.36

-0.40

Weighted Average Units Outstanding - Basic

-

-

-

-

-

29,194

26,143

-

24,273

24,370

22,664

Weighted Average Units Outstanding - Diluted

-

-

-

-

-

29,295

26,143

-

24,273

24,370

22,664

Weighted Average Units Outstanding - Basic and diluted

-

-

-

-

-

-

-

24,171

-

-

-

Distributions declared and paid per unit

-

-

-

-

-

0.00

0.00

0.00

0.00

0.00

0.26

Natural gas sales
Revenues

683

953

6,626

-

-

-

-

-

-

-

-

Oil sales
Revenues

9,512

21,272

23,701

-

-

-

-

-

-

-

-

Natural gas liquid sales
Revenues

539

1,709

1,997

-

-

-

-

-

-

-

-

Gathering and transportation sales
Revenues

6,825

6,651

55,825

-

-

-

-

-

-

-

-

Common units
Net income (loss)

-

-

-3,040

-

-

-

-

-

-

-

-

Common units - Basic and Diluted (in dollars per share)

-

-

-2.90

-

-

-

-

-

-

-

-

Weighted Average Units Outstanding, Common Units - Basic and Diluted (in units)

-

-

14,039

-

-

-

-

-

-

-

-