SRC Energy Inc. SRCI Income Statement

Src energy inc. (SRCI)

Income statement / TTM

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	Nov'15	Sep'15	Jun'15	Mar'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10
Revenues [Abstract]
Oil, natural gas, and NGL revenues
676,494	703,378	687,863	645,641	595,395	538,010	465,959	362,516	261,114	183,755	132,666	107,149	94,591	101,735	106,074	106,739	123,140	126,015	0	127,491	104,219	82,640	69,282	57,175	46,223	38,298	33,506	28,804	24,969	21,822	17,222	13,037	10,002	0	0	0
Sales of purchased oil
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenues
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-
Expenses:
Lease operating expenses
57,390	54,373	52,755	43,291	36,356	30,312	23,670	19,496	17,994	17,497	19,372	19,949	18,772	20,031	16,931	16,753	15,985	13,516	0	9,759	7,991	6,447	5,192	4,167	3,417	2,516	1,924	1,434	1,212	400	612	582	484	0	0	0
Transportation and gathering
16,145	14,118	11,334	9,135	7,819	6,663	4,831	3,226	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Production taxes
49,619	51,600	53,473	59,830	56,578	53,837	48,243	36,266	24,236	12,692	5,365	5,732	4,952	9,512	9,954	9,928	11,663	11,584	0	11,829	9,667	7,909	6,600	5,439	4,237	3,739	3,375	2,845	2,436	0	0	0	-	-	-	-
Costs of purchased oil
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation, depletion, and accretion
231,973	219,760	203,610	179,773	163,059	151,611	136,161	112,309	87,073	62,968	47,815	46,678	47,675	56,457	60,920	62,905	64,685	58,120	0	43,821	32,958	25,126	21,150	16,607	13,336	10,726	8,740	7,116	6,010	0	0	0	-	-	-	-
Full cost ceiling impairment
-	-	-	-	-	-	-	-	-	-	-	215,223	340,453	411,340	270,191	224,570	99,340	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unused commitment charge
-	-	-	-	-	-	-	669	761	966	1,198	597	2,023	1,818	1,586	1,518	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depletion, depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,838	0	0	0
General and administrative
44,310	38,324	38,487	38,618	38,367	36,166	34,365	32,965	31,635	31,387	31,302	30,545	37,189	34,385	33,107	29,745	19,865	17,696	0	11,081	10,139	8,551	8,127	7,745	5,688	5,011	4,179	3,728	3,557	3,502	3,696	3,198	2,904	0	0	0
Total expenses
440,148	418,886	400,370	371,358	302,179	278,589	247,270	204,931	162,835	151,261	274,904	318,724	451,064	533,543	392,689	345,419	211,538	103,916	0	76,490	60,755	48,033	41,069	33,958	26,678	21,992	18,218	15,123	13,215	11,906	10,605	8,609	7,182	0	0	0
Operating Income (Loss)
236,346	284,492	287,493	274,283	293,216	259,421	218,689	157,585	98,279	32,494	-142,238	-211,575	-356,473	-431,808	-286,615	-238,680	-88,398	22,099	0	51,001	43,464	34,607	28,213	23,217	19,545	16,306	15,288	13,681	11,754	9,916	6,616	4,428	2,820	0	0	0
Other income (expense):
Commodity derivative gain (loss)
48,313	28,860	6,281	23,413	-35,154	-29,008	-13,386	-4,226	-1,809	981	-6,051	-7,750	-2,917	3,295	4,616	6,397	7,129	-584	4,625	1,355	321	-1,611	-2,475	-2,646	-3,044	0	0	0	-	-	-	-	-	-	-	-
Commodity derivatives unrealized gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	0	0	0	-	0	0	0	-	-	0	-	0	0	0	0
Interest expense, net of amounts capitalized
0	0	0	0	11,842	11,842	11,842	11,842	0	0	0	0	0	90	206	-	0	160	0	-	-	0	-	-	-	0	-	-	-	0	-	-	4,247	0	0	0
Interest income
299	246	159	99	353	346	361	363	63	58	195	192	216	214	90	-	0	0	0	-	82	97	80	71	47	31	42	37	38	41	51	63	56	0	0	0
Other income
233	303	234	194	270	228	288	503	432	348	292	50	3	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of derivative conversion liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Total other income (expense)
48,845	29,409	6,674	23,706	-46,373	-40,276	-24,579	-15,202	-1,314	1,387	-5,564	-7,508	-246	5,884	6,947	8,711	23,659	18,208	0	16,274	403	-4,099	-2,665	-832	-3,094	328	-120	0	-	0	0	-	-14,420	0	0	0
Income before income taxes
285,191	313,901	294,167	297,989	246,843	219,145	194,110	142,383	96,965	33,881	-147,802	-219,083	-356,719	-425,924	-279,668	-229,969	-64,739	40,307	0	67,275	43,867	30,508	25,548	22,385	16,451	16,629	15,176	13,718	11,792	9,957	5,803	-8,812	-11,600	0	0	0
Income tax expense
69,203	65,080	50,190	37,967	17,977	9,059	5,712	-99	0	5	106	106	-9,901	-20,426	-23,430	-24,139	-2,388	14,305	0	23,371	15,014	11,091	9,676	8,942	6,870	6,097	5,828	983	-332	-1,809	-3,241	0	0	0	0	0
Net Income (Loss) Attributable to Parent
215,988	248,821	243,977	260,022	228,866	210,086	188,398	142,482	96,965	33,876	-147,908	-219,189	-346,818	-405,498	-256,238	-205,830	-62,351	26,002	0	43,904	28,853	19,417	15,872	13,443	9,581	10,532	9,348	12,735	12,124	11,766	9,044	-8,812	-11,600	0	0	0
Net income per common share:
Basic (in dollars per share)
0.12	0.22	0.20	0.34	0.26	0.20	0.27	0.23	0.22	0.14	0.10	0.15	-0.10	-0.89	-0.42	-1.14	-0.74	-0.04	-0.01	0.27	0.14	0.09	0.07	0.08	0.01	0.07	0.05	0.04	0.03	0.05	0.13	0.05	0.19	-0.01	-0.55	-0.08
Diluted (in dollars per share)
0.12	0.22	0.20	0.34	0.26	0.20	0.27	0.23	0.22	0.14	0.10	0.15	-0.10	-0.89	-0.42	-1.14	-0.74	-0.04	-0.01	0.26	0.13	0.09	0.07	0.08	0.01	0.06	0.05	0.04	0.04	0.05	0.12	0.04	0.19	-0.01	-0.55	-0.08
Weighted-average shares outstanding:
Basic (in shares)
243,479	243,404	243,290	242,678	242,536	242,255	241,751	222,249	200,881	200,831	200,707	201,174	200,515	172,013	121,392	107,105	105,100	104,562	97,241	79,008	77,803	77,176	76,203	73,674	66,557	55,238	54,900	51,661	51,514	51,292	47,445	36,098	36,020	32,813	21,487	13,715
Diluted (in shares)
244,547	244,130	244,091	243,032	243,560	244,464	243,166	222,979	201,460	201,224	201,309	201,174	200,515	172,013	121,392	107,105	105,100	104,562	97,241	80,141	78,188	79,008	77,990	76,044	67,338	58,918	56,481	53,616	53,190	53,174	49,229	37,845	36,020	32,813	21,487	13,715