Talos energy inc. (TALO)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Sep'17Jun'17
Revenues:
Total revenue

187,764

233,240

228,857

286,810

178,713

258,664

282,868

203,906

145,850

99,962

95,426

Operating expenses:
Workover and maintenance expense

-

-

14,210

12,296

-

-

25,084

17,714

6,905

6,359

8,225

Depreciation, depletion and amortization

93,543

97,413

88,125

95,806

64,587

84,145

87,808

67,726

49,040

37,746

36,157

Insurance

-

-

-

-

-

-

-

-

-

2,657

2,688

Production taxes

-

-

-

-

-

-

-

-

-

393

380

Write-down of oil and natural gas properties

57

-

1,417

12,361

-

-

-

-

-

-

0

Accretion expense

12,417

7,521

7,316

9,945

9,607

10,930

10,162

9,492

4,760

4,299

5,321

General and administrative expense

27,469

23,414

17,321

18,865

17,609

24,696

21,660

30,880

8,580

9,663

7,470

Total operating expenses

191,976

186,270

175,974

191,938

160,344

184,691

191,507

164,695

97,266

86,633

89,112

Operating income (expense)

-4,212

46,970

52,883

94,872

18,369

73,973

91,361

39,211

48,584

13,329

6,314

Interest expense

25,850

24,574

23,123

24,932

25,218

23,857

24,837

21,678

19,742

21,464

20,805

Price risk management activities income (expense)

243,217

-59,508

43,760

29,990

-109,579

256,917

-53,330

-91,176

-51,976

-28,086

38,995

Other income (expense)

-146

847

567

831

433

2,175

-85

-1,269

191

44

103

Total other expense

-

-

-

-

-

-

-

-

-

-49,506

18,293

Net income (loss) before income taxes

213,009

-36,265

74,087

100,761

-115,995

309,208

13,109

-74,912

-22,943

-36,177

24,607

Income tax benefit (expense)

55,260

-36,569

790

5,997

-6,359

-

-

-

-

-

-

Net income (loss)

157,749

304

73,297

94,764

-109,636

306,286

13,109

-74,912

-22,943

-36,177

24,607

Net income (loss) per common share:
Basic

2.71

0.00

1.35

1.75

-2.02

6.99

0.24

-1.69

-0.73

-1.16

0.79

Diluted

2.69

0.01

1.35

1.74

-2.02

6.99

0.24

-1.69

-0.73

-1.16

0.79

Weighted average common shares outstanding:
Basic

58,240

54,206

54,200

54,178

54,156

54,496

54,156

44,336

31,244

31,244

31,244

Diluted

58,572

54,615

54,430

54,451

54,156

54,500

54,164

44,336

31,244

31,244

31,244

Oil Revenue
Revenue

166,624

208,632

211,899

256,908

155,679

225,861

248,100

180,161

127,693

-

-

Natural Gas Revenue
Revenue

11,898

13,540

12,545

14,746

14,447

24,246

20,193

16,448

12,723

-

-

NGL Revenue
Revenue

4,301

4,573

3,384

6,645

5,066

8,557

14,575

7,297

5,434

-

-

Other
Revenue

4,941

6,495

1,029

8,511

3,521

-

-

-

-

-

-

Oil and Gas Properties
Lease operating expense

58,241

-

-

-

67,959

-

-

-

-

-

-

Direct lease operating expense

-

-

43,439

37,975

-

-

42,090

34,060

24,915

25,516

28,871

Insurance

-

-

4,167

4,184

-

-

4,125

4,259

2,675

2,657

2,688

Production taxes

249

282

-21

506

582

456

578

564

391

393

380

Total lease operating expense

-

-

47,585

42,665

-

-

46,793

38,883

27,981

28,566

31,939