Sanchez Midstream Partners LP SNMP Income Statement

Sanchez midstream partners lp (SNMP)

Income statement / Quarterly

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
Gathering and transportation lease revenues
12,606	12,729	14,135	15,969	16,257	14,391	13,148	13,168	12,318	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas sales
-	-	-	-	-	-	-	-	-	-	-	-	-	1,699	4,434	600	3,675	-	-	-	6,574	-	9,153	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,730	3,642	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil sales
-	-	-	-	-	-	-	-	-	-	-	-	-	392	2,159	-2,756	5,343	10,193	19,501	639	4,964	-	11,402	-	-	-	4,680	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas liquid sales
-	-	-	-	-	-	-	-	-	-	-	-	-	383	264	244	276	-	394	500	-	-	-	5,514	5,717	-	-	5,363	3,708	2,661	1,379	6,458	2,010	3,167	2,795	2,827	2,081	1,070	-
Natural gas liquid sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	386	-	841	-	-	-	123	-	-	-	-	-	-	-	-	-	-	-	-
Gathering and transportation sales
-	-	-	-	-	-	-	-	-	-	-	-	-	12,842	12,997	14,258	13,875	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenues
-	-	-	-	-	-	-	-	-	-	-	25,029	25,807	15,316	19,854	12,346	23,169	-	-	-	-	-	-	6,575	6,024	4,384	7,328	10,025	1,392	10,776	1,898	2,741	18,604	21,855	22,829	65,253	23,832	25,573	27,078
Gain / (Loss) from mark-to-market activities (see Note 3)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,524	5,819	-43,656	-10,109	21,100	-4,549
Total revenues
20,843	16,339	20,916	21,855	17,490	29,873	18,152	17,039	18,536	-	18,596	-	-	-	-	-	-	-	25,625	4,781	11,924	32,046	21,396	12,089	11,741	11,458	12,131	15,388	5,100	13,437	3,277	9,199	20,614	33,546	31,443	24,424	15,804	47,743	22,529
Expenses:
Operating expenses
Lease operating expenses
1,909	1,493	2,105	2,065	1,715	1,981	1,905	2,007	1,971	-	1,735	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transportation operating expenses
2,558	3,077	2,752	3,048	2,676	3,337	3,061	3,071	2,847	-	2,661	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease operating expenses
-	-	-	-	-	-	-	-	-	-	-	3,881	4,983	3,063	2,767	4,178	4,973	4,536	5,194	5,358	4,900	5,414	5,296	5,182	5,120	5,526	5,191	3,905	4,236	4,684	4,869	4,687	5,171	6,630	7,297	6,602	7,420	7,953	7,729
Transportation operating expenses
-	-	-	-	-	-	-	-	-	-	-	3,032	3,296	3,299	3,111	3,014	3,054	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
-	-	-	-	-	-	-	-	-	-	-	40	37	36	99	63	130	126	139	125	205	289	404	434	360	333	323	379	420	376	287	251	385	487	640	542	519	592	585
Production taxes
106	132	165	141	183	203	292	287	322	310	340	353	473	330	290	326	221	396	443	583	370	637	796	995	772	761	731	622	487	505	374	365	402	619	847	660	771	647	677
General and administrative expenses
3,775	4,373	4,317	4,171	4,749	6,460	5,109	6,919	5,165	5,079	5,614	6,353	5,609	5,918	6,286	4,978	5,719	5,448	7,301	3,351	7,555	3,557	3,780	5,591	3,571	11,058	3,015	3,737	4,404	4,192	4,014	3,705	3,836	3,816	4,548	4,012	4,223	5,027	4,188
Unit-based compensation expense
398	270	271	175	635	-1,002	155	1,347	1,438	1,422	631	780	540	322	90	1,091	438	-8	75	395	1,992	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Exploration costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	131	284	224
Gain on sale of assets
-	-	-	-	-	-	238	2,388	-	-	2,546	-	-	-	-219	-	-	0	-2	54	59	-246	0	16	7	4	-31	17	6	-	-	4	-4	10	-8	-14	-7	-	5
Depreciation, depletion and amortization
5,915	6,289	6,441	6,174	6,429	6,307	6,507	6,545	6,628	6,813	6,899	8,937	12,181	12,975	7,507	6,129	7,188	5,486	2,851	3,079	3,120	4,327	4,836	4,320	4,050	3,916	5,491	4,767	4,798	4,654	2,373	2,318	2,387	4,518	5,863	5,893	5,865	26,175	26,733
Asset impairments
23,247	-	-	0	-	-	-	0	0	0	0	0	4,688	6,337	0	0	1,309	39,196	937	862	82,865	5,187	43	45	149	-	-	-	-	2	0	0	107	-	1,935	-	-	-	-
Asset impairments (see Note 6)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	270,408	-
Accretion expense
138	135	132	126	133	125	123	123	126	126	149	240	258	226	271	315	315	317	265	264	253	153	151	150	150	110	163	123	123	114	116	115	114	227	228	226	226	205	205
Total other expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-399	-515	-467	-443	-760	-1,284	-1,103	-1,513	-1,441	-1,522	-1,132	-2,933	-4,008	-1,794	-3,575	-3,285
Total operating expenses
38,046	47,888	16,183	15,900	16,520	16,851	16,914	17,911	18,497	17,152	15,483	23,616	32,065	32,506	20,640	20,094	23,347	59,539	17,207	13,963	101,201	20,683	15,306	17,100	14,680	24,524	15,388	14,276	15,746	15,637	13,546	12,878	13,928	18,419	24,299	21,957	20,956	314,866	43,621
Total operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,701	14,165	24,057	14,945	13,516	14,462	14,534	12,033	11,437	12,406	17,287	21,366	17,949	19,162	311,291	40,336
Other (income) expense
Interest expense, net
23,009	22,048	12,141	2,814	2,786	2,796	2,786	2,780	2,599	2,347	2,215	1,896	1,883	1,548	1,543	1,103	899	1,767	672	1,122	646	507	511	533	525	514	420	864	1,352	1,144	1,534	1,437	1,619	1,773	1,899	2,691	2,523	3,151	3,275
Gain on embedded derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	4,590	30,012	6,898	6,294	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Losses (earnings) from equity investments
-1,202	-182	780	791	1,442	3,163	2,313	3,111	4,272	3,488	2,873	1,042	482	1,246	1,124	0	12	-	48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense (Gain)/Loss from mark-to-market activities (see Note 3)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-587	1,104	1,385	-670	545	113
Interest (income)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	0	1	1	1
Other income
-	5,762	31	21	46	2,422	-352	-1,254	-270	-	-	-	-	1	0	1	48	685	4	-37	-63	69	76	134	10	47	-23	104	68	41	21	-4	97	54	69	68	58	120	102
Total other expenses
24,211	16,468	11,330	2,002	1,298	-2,789	825	923	-1,403	1,276	-658	854	1,401	-4,289	-29,593	-5,796	-5,455	11,031	620	1,159	709	-	435	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total expenses
62,257	64,356	27,513	17,902	17,818	14,062	17,739	18,834	17,094	18,428	14,825	24,470	33,466	28,217	-8,953	14,298	17,892	70,570	17,827	15,122	101,910	-	15,741	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss before income taxes
-41,414	-47,968	-6,597	3,953	-328	15,821	413	-1,795	1,442	289	3,771	559	-7,659	-12,901	28,807	-1,952	5,277	-	7,798	-	-	-	5,655	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense (benefit)
-73	-133	213	76	46	-	-	-	-	-	-	-	-	-	-	-	-	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-13,066	-3,257	1,112	-10,646	-2,200	-10,269	-3,679	6,686	-	-	-	-	-	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-894	-1,331	-801	-	-	-	-	-	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-2,686	-	-	-	-	-	-	-	-	-	-
Net loss
-41,341	-47,835	-6,810	3,877	-374	15,631	413	-1,795	1,442	289	3,771	559	-7,659	-12,901	28,807	-1,952	5,277	-44,524	7,795	-10,341	-89,986	11,798	5,655	-5,011	-2,939	-13,066	-3,257	1,112	-13,332	-76,255	-11,163	-5,010	5,885	15,127	7,144	2,467	-5,152	-267,123	-21,092
Preferred unit paid-in-kind distributions
-	-	3,804	10,605	-	-	-	3,500	-	0	0	0	2,625	-	-	-	-	-	445	524	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred unit distributions
-	0	0	0	8,838	8,837	8,838	7,000	8,750	8,750	8,750	8,750	7,000	9,625	12,250	8,750	8,750	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred unit amortization
-	0	266	745	697	651	608	568	531	496	463	433	404	3,961	6,608	6,505	7,266	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to common unitholders - Basic and Diluted
-41,341	-	-	-	-9,909	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deemed contribution
-	-	103,773	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to common unitholders - Basic
-	-	92,893	-7,473	-	6,143	-9,033	-12,863	-7,839	-8,957	-5,442	-8,624	-17,688	-26,487	9,949	-17,207	-10,739	-61,317	7,350	-10,865	-89,986	-	5,655	-5,011	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mark-to-market on Warrant
-	-	3,097	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to common unitholders - Diluted
-	-	95,990	-	-	-	-9,033	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per unit
Common units - Basic (in dollars per share)
-	-	4.99	-	-	-	-0.59	-	-	-	-	-	-	-	2.49	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common units - Diluted (in dollars per share)
-	-	4.54	-	-	-	-0.59	-	-	-	-	-	-	-	1.21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common units - Basic and Diluted (in dollars per share)
-2.18	-	-	-0.42	-0.61	-	-	-0.85	-0.53	-	-0.38	-0.62	-1.32	-	-	-4.37	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common units - Basic
-	-	18,617	-	-	-	15,398	-	-	-	-	-	-	-	3,998	-	-	-	3,124	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common units - Diluted
-	-	21,141	-	-	-	15,398	-	-	-	-	-	-	-	23,771	-	-	-	14,074	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Units - Basic and Diluted (in units)
19,006	-	-	17,684	16,173	-	-	15,199	14,738	-	14,313	13,939	13,400	-	-	3,935	2,743	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of commodity hedges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	51	63	65	23	59	74	75	24	-	-
Cash settlement of commodity hedges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,272	-1,722	-1,927	-718	-4,779	1,748	-1,960	-724	-	-
Other comprehensive loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,221	-1,659	-1,862	-695	-	-1,674	-1,885	-	-	-
Other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-700	-3,677	-4,264
Comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-77,476	-12,822	-6,872	5,190	13,903	5,470	582	-5,852	-270,800	-25,356
Continuing operations - Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.42	-0.15	0.27	-	-	-	-	-	-
Loss from continuing operations per unit-Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.42	-0.15	0.27	-	-	-	-	-	-
Loss from discontinued operations per unit-Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.04	-0.06	-0.03	-	-	-	-	-	-
Earnings (loss) per unit - Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.46	-0.21	0.24	0.63	0.29	0.10	-0.21	-10.91	-0.87
Loss from discontinued operations per unit-Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.04	-0.06	-0.03	-	-	-	-	-	-
Earnings (loss) per unit - Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.46	-0.21	0.24	0.63	0.29	0.10	-0.21	-10.91	-0.87
Weighted Average Units Outstanding - Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27,207	23,829	-	-	24,169	24,159	24,186	24,252	24,259	24,273	24,309	24,489	24,538
Weighted Average Units Outstanding - Diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,169	24,159	24,186	24,252	24,259	24,273	24,309	24,489	24,538
Weighted Average Units Outstanding - Basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,250	-	-	-	-	-	-	-	-	-	-
Distributions declared and paid per unit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Natural gas sales
Revenues
234	140	177	256	110	88	166	226	473	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil sales
Revenues
7,187	1,671	4,769	3,811	-739	13,378	2,848	1,584	3,462	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas liquid sales
Revenues
31	128	115	117	179	306	408	400	595	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gathering and transportation sales
Revenues
785	1,720	1,720	1,702	1,683	1,720	1,582	1,661	1,688	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common units
Net income (loss)
-	-	-6,810	3,877	-	-	413	-1,795	1,442	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-