Southwestern Energy Company SWN Income Statement

Southwestern energy company (SWN)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
Total operating revenues
3,038	3,862	3,203	2,436	3,133	4,038	3,371	2,730	2,951	2,610	2,145	2,311	1,255
Operating Costs and Expenses:
Gas purchases - gas distribution
-	-	-	-	-	-	-	-	-	-	-	61	85
Operating expenses
720	785	671	592	689	427	328	245	240	191	136	107	85
General and administrative expenses
166	209	233	247	246	221	191	175	158	145	122	101	80
Impairment of natural gas and oil properties
-	-	-	-	6,950	-	-	1,940	-	-	907	0	0
(Gain) loss on sale of operating assets, net
-2	17	6	-	283	-	-	-	-	-	-	-	-
Restructuring charges
11	39	0	73	-	-	-	-	-	-	-	-	-
Depreciation, depletion and amortization
471	560	504	436	1,091	942	787	811	704	590	493	414	293
Impairments
16	171	0	2,321	-	-	-	-	-	-	-	-	-
Taxes, other than income taxes
62	89	94	93	110	95	79	68	65	50	37	29	21
Total operating costs and expense
2,768	3,065	2,472	4,626	9,655	2,665	2,167	3,831	1,878	1,589	2,180	1,424	873
Operating Income (Loss)
270	797	731	-2,190	-6,522	1,373	1,204	-1,101	1,073	1,021	-34	886	381
Interest Expense:
Interest on debt
166	231	239	226	200	101	100	93	65	57	55	61	36
Other interest charges
8	8	9	14	60	13	4	4	4	1	3	2	1
Interest capitalized
109	115	113	152	204	55	62	62	-45	-32	-40	-34	-13
Total Interest Expense
65	124	135	88	56	59	42	35	24	26	18	28	23
Gain (loss) on derivative
274	-118	422	-339	47	139	26	-15	1	-	-	-	-
Gain on Early Extinguishment of Debt
8	-17	-70	-51	-	-	-	-	-	-	-	-	-
Other Income, Net
-7	0	5	-4	-30	-4	2	1	0	0	1	4	-0
Income (Loss) Before Income Taxes
480	538	953	-2,672	-6,561	1,449	1,190	-1,150	1,050	995	-52	919	357
Gain on Sale of Utility Assets
-	-	-	-	-	-	-	-	-	-	-	57	0
Provision (Benefit) for Income Taxes:
Current
-2	1	-22	-7	-2	21	-11	19	4	11	-64	122	0
Deferred
-409	0	-71	-22	-2,003	504	497	-462	409	379	48	228	135
Total Provision (Benefit) from Income Taxes
-411	1	-93	-29	-2,005	525	486	-443	413	391	-16	350	135
Net Income (Loss) Attributable to Noncontrolling Interest [Abstract]
Net Loss Attributable to Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-0	-0	0	0
Net Income (Loss)
891	537	1,046	-2,643	-4,556	924	704	-707	-	604	-35	567	221
Mandatory convertible preferred stock dividend
0	0	108	108	106	-	-	-	-	-	-	-	-
Participating securities - mandatory convertible preferred stock
0	2	123	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Common Stock
891	535	815	-2,751	-4,662	924	704	-	637	603	-35	568	221
Earnings (Loss) Per Common Share:
Basic (in dollars per share)
1.65	0.93	1.64	-6.32	-12.25	2.63	2.01	-2.03	1.84	1.75	-0.10	1.66	0.65
Diluted (in dollars per share)
1.65	0.93	1.63	-6.32	-12.25	2.62	2.00	-2.03	1.82	1.73	-0.10	1.64	0.64
Weighted Average Common Shares Outstanding:
Basic (in shares)
539	574	498	435	380	351	350	348	347	345	343	341	338
Stock Options
-	-	-	-	-	-	-	-	2	3	0	4	8
Restricted Stock Awards
-	-	-	-	-	-	-	-	0	0	0	0	0
Diluted (in shares)
540	576	500	435	380	352	351	348	349	349	343	346	347
Gas sales
Total operating revenues
1,241	1,998	1,793	1,273	1,946	2,827	2,381	1,956	2,078	1,858	1,578	1,500	875
Oil sales
Total operating revenues
223	196	102	69	76	19	14	8	9	13	6	41	42
NGL sales
Total operating revenues
274	352	206	92	73	3	2	-	-	-	-	-	-
Marketing
Total operating revenues
1,297	1,222	972	864	863	996	792	592	714	615	488	719	311
Gas gathering
Operating Revenues
0	89	126	138	175	193	182	174	149	122	74	41	11
Other
Total operating revenues
3	5	4	-	-	-	-	-	-	-	-2	8	14
Marketing purchases
Marketing purchases
1,320	1,229	976	864	852	980	782	592	709	611	482	710	306