ULTRA PETROLEUM CORP. UPL Income Statement

Ultra petroleum corp. (UPL)

Income statement / TTM

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	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenues:
Total operating revenues
742,032	844,316	903,854	938,586	892,499	836,919	845,800	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural gas sales
-	-	-	-	-	-	-	-	-	-	-	660,505	-	586,130	603,591	651,037	696,730	794,363	817,759	882,106	969,850	907,793	887,393	893,605	824,266	822,701	800,842	706,893	695,733	739,985	832,538	941,537	982,413	955,449	911,192	867,565	886,396	866,421	784,069	692,940	601,023	676,020	817,928	0	0	0
Oil sales
-	-	-	-	-	-	-	-	-	-	-	121,399	-	108,401	114,190	128,151	142,381	174,497	217,206	240,924	260,170	228,374	181,371	140,472	109,138	102,692	99,721	102,564	114,241	123,601	127,814	129,112	119,383	113,049	104,539	95,987	92,990	88,769	85,911	78,993	65,739	75,065	86,233	0	0	0
Other revenues
-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating revenues
-	-	-	-	-	-	-	-	-	-	-	782,663	-	694,531	717,781	779,188	839,111	968,860	1,034,965	1,123,030	1,230,020	1,136,167	1,068,764	1,034,077	933,404	925,393	900,563	809,457	809,974	863,586	960,352	1,070,649	1,101,796	1,068,498	1,015,731	963,552	979,386	955,190	869,980	771,933	666,762	751,085	904,161	0	0	0
Expenses:
Lease operating expenses
70,608	70,092	77,995	85,751	90,290	94,366	91,638	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	51,758	49,083	47,552	47,971	45,938	43,259	42,150	40,760	40,679	38,629	37,450	0	0	0
Lease operating expenses
-	-	-	-	-	-	-	-	-	-	-	86,876	-	91,606	100,239	106,188	106,906	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Facility lease expense
25,468	26,218	26,453	26,436	25,947	25,600	23,979	22,679	21,749	20,879	20,796	20,741	20,686	20,674	20,665	20,656	20,647	20,564	20,478	20,392	20,306	20,228	20,152	20,076	20,000	15,645	10,645	5,645	645	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Production taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	97,094	95,624	93,139	90,780	95,914	95,746	87,775	78,026	66,970	76,934	97,490	0	0	0
Production taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Production taxes
79,459	92,043	97,787	100,227	93,322	87,322	89,334	92,205	91,067	87,056	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gathering fees
78,261	80,275	82,258	86,119	89,294	92,580	92,952	89,413	87,287	85,449	84,426	85,288	86,809	87,658	89,613	90,597	87,904	84,217	76,019	66,980	59,931	54,747	52,513	52,898	52,074	50,812	48,404	51,336	59,004	61,741	65,912	63,056	56,511	54,419	52,590	51,178	50,126	48,471	47,244	46,319	45,155	42,610	39,987	0	0	0
Transportation charges
-	-	-	-	-	-	-	-	-	-	-	-	20,049	44,976	66,237	87,167	83,803	82,475	81,199	77,396	77,780	78,766	79,687	83,063	82,797	82,906	83,006	83,723	84,470	79,227	74,233	69,140	64,243	64,830	64,970	65,219	64,965	63,815	63,898	60,561	58,011	54,255	49,984	0	0	0
Depletion, depreciation and amortization
204,227	209,303	209,394	205,368	204,255	202,384	193,801	180,732	161,945	143,362	133,465	126,026	125,121	214,712	276,326	337,458	401,200	367,902	351,385	324,360	292,951	267,209	250,321	245,103	243,390	255,863	283,107	337,751	388,985	421,735	420,885	385,337	346,394	312,775	286,654	264,288	241,796	217,618	204,311	192,432	201,826	197,654	194,067	0	0	0
Ceiling test and other impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Write-down of proved oil and gas properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,037,000	1,037,000	1,037,000	0	0	0
General and administrative
26,551	29,852	24,739	19,369	25,005	21,474	28,239	51,185	39,548	36,291	29,639	6,011	9,179	3,953	6,925	7,966	7,387	14,962	16,628	16,364	19,069	21,212	19,039	22,757	22,373	21,693	24,374	26,057	25,104	26,042	25,486	23,929	26,032	25,185	24,957	25,060	24,351	22,882	22,055	21,600	19,772	19,596	18,915	0	0	0
Other operating expenses, net
-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expenses
-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
514,959	539,640	543,369	533,371	537,743	527,487	520,333	527,047	493,588	460,327	437,721	398,074	420,715	3,673,753	3,769,304	3,863,041	3,925,520	768,252	742,582	704,949	670,431	617,101	583,821	575,973	561,138	1,062,568	1,689,509	3,601,707	3,655,252	3,196,527	2,593,740	689,905	642,032	601,916	569,862	544,496	523,090	491,791	467,433	439,698	1,469,413	1,466,678	1,474,893	0	0	0
Operating income
227,073	304,676	360,485	405,215	354,756	332,428	353,437	369,242	398,285	406,780	411,008	384,589	300,376	-2,979,222	-3,051,523	-3,083,853	-3,086,409	200,608	292,383	418,081	559,589	519,066	484,943	458,104	372,266	-137,175	-788,946	-2,792,250	-2,845,278	-2,332,941	-1,633,388	380,744	459,764	466,582	445,869	419,056	456,296	463,399	402,547	332,235	-802,651	-715,593	-570,732	0	0	0
Other (expense) income, net:
Interest expense, net
129,398	134,457	140,467	145,806	148,316	148,322	320,047	311,757	361,367	324,979	114,872	102,109	66,565	110,059	153,196	179,153	171,918	170,620	157,082	141,757	126,157	109,271	104,846	102,790	101,486	101,941	102,136	95,646	88,180	79,489	70,022	66,864	63,156	60,577	56,057	51,904	49,032	44,766	43,128	41,588	37,167	32,121	26,920	0	0	0
Gain (loss) on commodity derivatives
-4,597	-50,354	-84,096	-203,021	-145,212	-59,342	-32,888	35,100	28,412	0	0	0	-	-	9,392	5,746	42,611	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	402,318	196,704	121,440	146,517	148,419	192,251	0	0	0
Deferred gain on sale of liquids gathering system
-	-	-	-	10,553	10,553	10,553	10,553	10,553	10,553	10,553	10,553	10,553	10,553	10,553	10,553	10,553	10,553	10,553	10,553	10,553	10,553	10,553	10,551	10,553	7,914	5,276	2,640	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Litigation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,401	4,400	4,400	3,664	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-
Restructuring expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,148	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract settlement expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract settlement expense
-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract Cancellation Fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,469	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rig Cancellation Fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Rig Cancellation Expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Other (expense) income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	532	88	103	129	260	222	403	-124	-2,888	-2,833	-2,417	0	0	0
Restructuring expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense), net
392	13,669	2,024	1,410	1,212	985	-806	-122	-237	-674	-1,280	-1,534	-3,082	-4,171	-3,941	-3,789	-2,060	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other (expense) income, net
-120,135	-155,847	-204,606	-326,846	-269,107	-196,126	-343,188	-266,226	-375,346	-486,764	-281,941	-291,718	-197,376	-110,852	-144,341	-172,959	-125,215	-764	35,664	40,394	-22,562	-153,606	-179,166	-139,964	-138,044	-126,132	-140,623	-196,811	-31,833	125,207	258,484	347,190	251,108	96,267	136,822	98,059	266,778	347,872	144,077	79,728	106,462	113,465	162,914	0	0	0
Reorganization items, net
-	-	-	-	-	-	-	-	-140,907	-119,936	-343,950	105,049	47,503	25,292	22,183	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income tax expense (benefit)
106,938	148,829	155,879	78,369	85,649	135,062	-218,114	301,469	163,846	39,952	473,017	-12,178	55,497	-3,115,366	-3,218,047	-3,256,812	-3,211,624	199,844	328,047	458,475	537,027	365,460	305,777	318,140	234,222	-263,307	-929,569	-2,989,061	-2,877,111	-2,207,734	-1,374,904	727,934	710,872	562,849	582,691	517,115	723,074	811,271	546,624	411,963	-696,189	-602,128	-407,818	0	0	0
Income tax expense (benefit)
-1,050	-169	-169	-19	442	-5,968	-12,853	-12,862	-13,294	-7,233	-302	-462	-654	-1,304	-2,482	-2,572	-4,404	-7,306	-7,556	-7,850	-5,824	-8,779	-7,015	-4,980	-3,616	12,005	11,799	-744,334	-700,213	-634,699	-553,161	259,190	257,670	203,530	209,876	186,312	258,615	289,369	195,694	148,052	-245,136	-204,659	-135,554	0	0	0
Net income
107,988	148,998	156,048	78,388	85,207	141,029	-205,261	314,331	177,140	47,185	473,319	-11,716	56,151	-3,114,062	-3,215,565	-3,254,240	-3,207,220	207,150	335,603	466,325	542,851	374,239	312,792	323,120	237,838	-275,312	-941,368	-2,244,727	-2,176,898	-1,573,035	-821,743	468,744	453,202	359,319	372,815	330,803	464,459	521,902	350,930	263,911	-451,053	-397,469	-272,264	0	0	0
Basic Earnings per Share:
Net income per common share — basic
-0.01	0.06	0.29	0.21	0.20	0.09	-0.10	0.24	1.11	-1.67	2.76	-1.12	-0.44	1.23	0.18	-0.27	-40.12	-0.02	-0.16	0.16	1.37	0.82	0.69	0.66	0.26	0.42	0.76	0.11	-3.09	-3.94	-7.76	0.55	0.86	0.98	0.68	0.45	0.25	1.07	0.40	1.33	0.64	-0.06	-0.17	-3.39	0.98	0.76
Fully Diluted Earnings per Share:
Net income per common share — fully diluted
-0.01	0.06	0.29	0.21	0.20	0.09	-0.10	0.24	1.11	-1.67	2.76	-1.12	-0.42	1.22	0.17	-0.27	-40.12	-0.02	-0.16	0.16	1.36	0.81	0.68	0.66	0.27	0.41	0.75	0.11	-3.09	-3.94	-7.76	0.55	0.86	0.97	0.67	0.44	0.25	1.05	0.40	1.31	0.64	-0.06	-0.17	-3.39	0.95	0.74
Weighted average common shares outstanding — basic
197,867	197,840	197,514	197,383	197,198	197,054	197,054	196,550	197,983	196,331	180,964	80,018	80,012	80,003	80,002	79,967	-139,914	153,250	153,218	153,042	153,110	153,213	153,179	153,042	152,981	152,976	152,948	152,947	152,929	152,929	152,921	152,601	152,703	152,817	152,899	152,597	152,532	152,479	152,300	152,073	151,458	151,441	151,331	151,238	152,217	153,061
Weighted average common shares outstanding — fully diluted
196,286	198,604	198,069	197,801	199,505	197,055	197,054	196,550	198,522	196,331	181,033	80,018	80,768	80,384	80,333	79,967	-142,575	153,250	153,218	155,703	153,861	154,859	155,007	155,049	154,209	154,512	154,513	154,470	152,012	152,929	152,921	153,518	154,231	154,280	154,377	154,456	154,144	154,192	154,310	154,366	151,458	151,441	151,331	151,238	156,072	157,818
Natural Gas Sales
Total operating revenues
637,007	732,032	771,500	786,840	722,313	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil Sales
Total operating revenues
97,231	102,791	119,849	135,715	153,534	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Revenues
Total operating revenues
7,794	9,493	12,505	16,031	16,652	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-