Sanchez Midstream Partners LP SNMP Income Statement

Sanchez midstream partners lp (SNMP)

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
Gathering and transportation lease revenues
55,439	59,090	60,752	59,765	56,964	53,025	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas sales
-	-	-	-	-	-	-	-	-	-	-	-	-	10,408	0	0	0	-	-	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil sales
-	-	-	-	-	-	-	-	-	-	-	-	-	5,138	14,939	32,281	35,676	35,297	36,506	0	0	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas liquid sales
-	-	-	-	-	-	-	-	-	-	-	-	-	1,167	0	0	0	-	0	0	-	-	-	0	0	-	-	13,111	14,206	12,508	13,014	14,430	10,799	10,870	8,773	0	0	0	-
Natural gas liquid sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Gathering and transportation sales
-	-	-	-	-	-	-	-	-	-	-	-	-	53,972	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenues
-	-	-	-	-	-	-	-	-	-	-	86,006	73,323	70,685	0	0	0	-	-	-	-	-	-	24,311	27,761	23,129	29,521	24,091	16,807	34,019	45,098	66,029	128,541	133,769	137,487	141,736	0	0	0
Gain / (Loss) from mark-to-market activities (see Note 3)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-39,422	-26,846	-37,214	0	0	0
Total revenues
79,953	76,600	90,134	87,370	82,554	83,600	0	0	0	-	0	-	-	-	-	-	-	-	74,376	70,147	77,455	77,272	56,684	47,419	50,718	44,077	46,056	37,202	31,013	46,527	66,636	94,802	110,027	105,217	119,414	110,500	0	0	0
Expenses:
Operating expenses
Lease operating expenses
7,572	7,378	7,866	7,666	7,608	7,864	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transportation operating expenses
11,435	11,553	11,813	12,122	12,145	12,316	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease operating expenses
-	-	-	-	-	-	-	-	-	-	-	14,694	14,991	14,981	16,454	18,881	20,061	19,988	20,866	20,968	20,792	21,012	21,124	21,019	19,742	18,858	18,016	17,694	18,476	19,411	21,357	23,785	25,700	27,949	29,272	29,704	0	0	0
Transportation operating expenses
-	-	-	-	-	-	-	-	-	-	-	12,738	12,720	12,478	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of sales
-	-	-	-	-	-	-	-	-	-	-	212	235	328	418	458	520	595	758	1,023	1,332	1,487	1,531	1,450	1,395	1,455	1,498	1,462	1,334	1,299	1,410	1,763	2,054	2,188	2,293	2,238	0	0	0
Production taxes
544	621	692	819	965	1,104	1,211	1,259	1,325	1,476	1,496	1,446	1,419	1,167	1,233	1,386	1,643	1,792	2,033	2,386	2,798	3,200	3,324	3,259	2,886	2,601	2,345	1,988	1,731	1,646	1,760	2,233	2,528	2,897	2,925	2,755	0	0	0
General and administrative expenses
16,636	17,610	19,697	20,489	23,237	23,653	22,272	22,777	22,211	22,655	23,494	24,166	22,791	22,901	22,431	23,446	21,819	23,655	21,764	18,243	20,483	16,499	24,000	23,235	21,381	22,214	15,348	16,347	16,315	15,747	15,371	15,905	16,212	16,599	17,810	17,450	0	0	0
Unit-based compensation expense
1,114	1,351	79	-37	1,135	1,938	4,362	4,838	4,271	3,373	2,273	1,732	2,043	1,941	1,611	1,596	900	2,454	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Exploration costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	131	415	639	0	0	0
Gain on sale of assets
-	-	-	-	-	-	0	0	-	-	0	-	-	-	0	-	-	111	-135	-133	-171	-223	27	-4	-3	-4	0	0	0	-	-	2	-16	-19	-24	0	0	-	0
Depreciation, depletion and amortization
24,819	25,333	25,351	25,417	25,788	25,987	26,493	26,885	29,277	34,830	40,992	41,600	38,792	33,799	26,310	21,654	18,604	14,536	13,377	15,362	16,603	17,533	17,122	17,777	18,224	18,972	19,710	16,592	14,143	11,732	11,596	15,086	18,661	22,139	43,796	64,666	0	0	0
Asset impairments
0	-	-	0	-	-	-	0	0	4,688	11,025	11,025	11,025	7,646	40,505	41,442	42,304	123,860	89,851	88,957	88,140	5,424	0	0	0	-	-	-	-	109	2,042	0	0	-	0	-	-	-	-
Asset impairments (see Note 6)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Accretion expense
531	526	516	507	504	497	498	524	641	773	873	995	1,070	1,127	1,218	1,212	1,161	1,099	935	821	707	604	561	573	546	519	523	476	468	459	572	684	795	907	885	862	0	0	0
Total other expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,824	-2,185	-2,954	-3,590	-4,660	-5,341	-5,579	-5,608	-7,028	-9,595	-9,867	-12,310	-12,662	0	0	0
Total operating expenses
118,017	96,491	65,454	66,185	68,196	70,173	70,474	69,043	74,748	88,316	103,670	108,827	105,305	96,587	123,620	120,187	114,056	191,910	153,054	151,153	154,290	67,769	71,610	71,692	68,868	69,934	61,047	59,205	57,807	55,989	58,771	69,524	78,603	85,631	382,078	401,400	0	0	0
Total operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69,868	66,683	66,980	57,457	54,545	52,466	50,410	53,163	62,496	69,008	75,764	369,768	388,738	0	0	0
Other (income) expense
Interest expense, net
60,012	39,789	20,537	11,182	11,148	10,961	10,512	9,941	9,057	8,341	7,542	6,870	6,077	5,093	5,312	4,441	4,460	4,207	2,947	2,786	2,197	2,076	2,083	1,992	2,323	3,150	3,780	4,894	5,467	5,734	6,363	6,728	7,982	8,886	10,264	11,640	0	0	0
Gain on embedded derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	47,794	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Losses (earnings) from equity investments
187	2,831	6,176	7,709	10,029	12,859	13,184	13,744	11,675	7,885	5,643	3,894	2,852	2,382	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense (Gain)/Loss from mark-to-market activities (see Note 3)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,232	2,364	1,373	0	0	0
Interest (income)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	3	3	0	0	0
Other income
-	5,860	2,520	2,137	862	546	0	0	0	-	-	-	-	50	734	738	700	589	-27	45	216	289	267	168	138	196	190	234	126	155	168	216	288	249	315	348	0	0	0
Total other expenses
54,011	31,098	11,841	1,336	257	-2,444	1,621	138	69	2,873	-2,692	-31,627	-38,277	-45,133	-29,813	400	7,355	13,519	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total expenses
172,028	127,589	77,295	67,521	68,453	67,729	72,095	69,181	74,817	91,189	100,978	77,200	67,028	51,454	93,807	120,587	121,411	205,429	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss before income taxes
-92,026	-50,940	12,849	19,859	14,111	15,881	349	3,707	6,061	-3,040	-16,230	8,806	6,295	19,231	0	0	0	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense (benefit)
83	202	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-25,857	-14,991	-22,003	-26,794	-9,462	0	0	0	-	-	-	-	-	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Net loss
-92,109	-51,142	12,324	19,547	13,875	15,691	349	3,707	6,061	-3,040	-16,230	8,806	6,295	19,231	-12,392	-33,404	-41,793	-137,056	-80,734	-82,874	-77,544	9,503	-15,361	-24,273	-18,150	-28,543	-91,732	-99,638	-105,760	-86,543	4,839	23,146	30,623	19,586	-262,664	-290,900	0	0	0
Preferred unit paid-in-kind distributions
-	-	0	0	-	-	-	0	-	2,625	0	0	0	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred unit distributions
-	8,838	17,675	26,513	33,513	33,425	33,338	33,250	35,000	33,250	34,125	37,625	37,625	39,375	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred unit amortization
-	1,708	2,359	2,701	2,524	2,358	2,203	2,058	1,923	1,796	5,261	11,406	17,478	24,340	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to common unitholders - Basic and Diluted
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deemed contribution
-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to common unitholders - Basic
-	-	81,654	-20,272	-	-23,592	-38,692	-35,101	-30,862	-40,711	-58,241	-42,850	-51,433	-44,484	-79,314	-81,913	-75,571	-154,818	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mark-to-market on Warrant
-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) attributable to common unitholders - Diluted
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	202	210	221	231	232	0	0	0	-	-
Cash settlement of commodity hedges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,639	-9,146	-5,676	-5,709	-5,715	0	0	0	-	-
Other comprehensive loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,437	-5,890	-6,116	0	-	0	0	-	-	-
Other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-91,980	-601	17,691	25,145	14,103	-270,600	-301,426	0	0	0
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
807	683	631	620	590	953	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil sales
Revenues
17,438	9,512	21,219	19,298	17,071	21,272	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas liquid sales
Revenues
391	539	717	1,010	1,293	1,709	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gathering and transportation sales
Revenues
5,927	6,825	6,825	6,687	6,646	6,651	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common units
Net income (loss)
-	-	12,324	19,547	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-