Transatlantic petroleum ltd. (TAT)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Revenues:
Oil and natural gas sales

-

-

-

63,424

82,716

136,276

127,270

134,113

124,162

69,839

27,681

Sales of purchased natural gas

-

-

-

5,038

2,189

2,127

2,581

7,882

2,668

-

-

Other

-

-

-

133

159

427

976

1,913

-

-

-

Other

-

-

-

-

-

-

-

-

2,075

1,015

67

Total revenues

67,380

70,789

56,639

68,595

85,064

138,830

130,827

143,908

128,905

70,854

27,748

Costs and expenses:
Production

11,674

10,769

12,249

12,368

12,873

18,193

18,602

17,804

-

-

-

Production

-

-

-

-

-

-

-

-

18,475

20,286

10,077

Exploration, abandonment and impairment

6,267

401

934

5,963

21,544

19,864

27,333

39,993

60,952

12,691

14,790

Cost of purchased natural gas

-

-

-

4,418

2,082

2,055

2,247

7,694

2,645

-

-

Seismic and other exploration

330

489

4,723

104

370

4,285

14,009

5,040

-

-

-

Seismic and other exploration

-

-

-

-

-

-

-

-

11,542

16,883

14,602

Revaluation of contingent consideration

-

-

-

-

-

2,500

5,000

-

-6,000

-

-

General and administrative

11,785

14,719

12,817

16,320

24,138

31,071

29,020

33,947

36,305

26,049

15,227

Depreciation, depletion and amortization

13,227

14,059

16,925

29,025

37,707

48,594

41,322

28,215

39,008

13,998

4,371

Accretion of asset retirement obligations

213

174

190

373

368

406

508

710

1,142

-

-

Accretion of asset retirement obligations

-

-

-

-

-

-

-

-

-

470

164

Total costs and expenses

48,597

45,276

48,406

68,571

99,082

121,968

128,041

133,403

176,069

90,377

59,231

Operating income

18,783

25,513

8,233

24

-14,018

16,862

2,786

10,505

-47,164

-19,523

-31,483

Other (expense) income:
Loss on sale of TBNG

-

-

-15,226

-

-

-

-

-

-

-

-

Interest and other expense

10,667

10,048

8,838

11,841

13,077

6,044

3,929

8,340

13,665

7,055

2,303

Interest and other income

947

1,082

1,098

2,546

855

1,124

1,340

-

-

-

-

Interest and other income

-

-

-

-

-

-

-

2,418

1,089

267

172

Loss on commodity derivative contracts

-966

-1,797

-1,852

-3,257

27,457

37,454

-2,698

-5,548

-8,426

-1,624

-1,922

Foreign exchange loss

-4,569

-10,292

-1,861

-3,871

-5,653

-6,523

-9,663

1,083

-11,973

-1,872

-3,445

Total other expense

-15,255

-21,055

-26,679

-16,423

9,582

26,011

-14,950

-10,387

-32,975

-10,284

-7,498

Income before income taxes

3,528

4,458

-18,446

-16,399

-4,436

42,873

-12,164

118

-

-

-

Income (loss) from continuing operations before income taxes

-

-

-

-

-

-

-

-

-80,139

-29,807

-38,981

Current income tax expense

3,119

2,820

2,073

6,071

3,587

1,784

128

4,674

2,386

2,076

2,134

Deferred income tax expense

5,775

6,854

3,356

-25

18,642

11,875

979

1,817

-4,951

-2,338

-1,054

Net loss from continuing operations

-

-

-

-22,445

-26,665

29,214

-13,271

-6,373

-77,574

-29,545

-40,061

Income (loss) from discontinued operations before income taxes

-

-

-

15,998

-97,042

-750

-442

-5,083

-

-

-

Gain on disposal of discontinued operations

-

-

-

-

-

-

-

35,999

-

-

-

Income tax benefit

-

-

-

-204

-16,169

-612

-

8,297

-

-

-

Loss from discontinued operations before income taxes

-

-

-

-

-

-

-

-

-39,114

-

-

Loss from discontinued operations before income taxes

-

-

-

-

-

-

-

-

-

-39,470

-21,956

Income tax provision

-

-

-

-

-

-

-

-

4,255

731

-

Net income (loss) from discontinued operations

-

-

-

16,202

-80,873

-138

-442

22,619

-43,369

-40,201

-

Net loss

-5,366

-5,216

-23,875

-6,243

-107,538

29,076

-13,713

16,246

-120,943

-69,746

-62,017

Other comprehensive loss:
Foreign currency translation adjustment

-5,326

-17,255

15,550

-18,726

-42,280

-14,325

-36,973

22,224

-52,069

-7,768

-

Net loss attributable to non-controlling interest, net of tax

-

-

-

-

-

-

-

-

-

-

129

Net loss attributable to common shareholders

-

-

-

-

-

-

-

-

-

-

-62,146

Foreign currency translation adjustment

-

-

-

-

-

-

-

-

-

-

9,601

Comprehensive loss

-10,692

-22,471

-8,325

-24,969

-149,818

14,751

-50,686

38,470

-173,012

-77,514

-52,545

Net loss per common share:
Basic net loss per common share

-0.10

-0.10

-0.50

-

-

-

-

-

-

-

-

Continuing operations

-

-

-

-0.51

-0.65

0.77

-0.36

-0.17

-2.18

-0.09

-0.19

Discontinued operations

-

-

-

0.37

-1.98

-

-0.01

0.62

-1.22

-0.13

-

Weighted average common shares outstanding

55,134

50,505

48,196

43,885

40,841

37,829

37,069

36,742

35,597

312,488

-

Diluted net loss per common share

-0.10

-0.10

-0.50

-

-

-

-

-

-

-

-

Continuing operations

-

-

-

-0.51

-0.65

0.77

-0.36

-0.17

-2.18

-0.09

-

Discontinued operations

-

-

-

0.37

-1.98

-

-0.01

0.62

-1.22

-0.13

-0.10

Weighted average common and common equivalent shares outstanding

55,134

50,505

48,196

43,885

40,841

38,031

37,069

36,742

35,597

312,488

-

Basic and diluted weighted average number of shares outstanding

-

-

-

-

-

-

-

-

-

-

212,320

Oil and Natural Gas Sales [Member]
Total revenues

66,829

70,268

55,523

-

-

-

-

-

-

-

-

Purchased Natural Gas [Member]
Total revenues

-

-

654

-

-

-

-

-

-

-

-

Cost of goods and services sold

-

-

568

-

-

-

-

-

-

-

-

Other [Member]
Total revenues

551

521

462

-

-

-

-

-

-

-

-

Transportation Costs [Member]
Cost of goods and services sold

5,101

4,665

-

-

-

-

-

-

-

-

-