Whiting petroleum corp (WLL)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
OPERATING REVENUES
Oil, NGL and natural gas sales

1,572

2,081

1,481

1,284

2,092

3,024

2,666

2,137

1,860

1,475

917

1,316

Oil, NGL and natural gas sales

-

-

-

-

-

-

2,828

2,173

1,899

1,516

979

1,222

OPERATING EXPENSES
Lease operating expenses

328

311

278

313

555

496

430

376

305

268

237

241

Transportation, gathering, compression and other

42

48

90

78

-

-

-

-

-

-

-

-

Production and ad valorem taxes

138

171

120

111

183

253

225

171

139

103

64

87

Depreciation, depletion and amortization

816

781

948

1,171

1,243

1,089

891

684

468

393

394

277

Exploration and impairment

54

67

936

121

1,881

854

453

166

84

59

73

55

Goodwill impairment

-

-

-

-

873

-

-

-

-

-

-

-

General and administrative

132

123

124

146

172

177

137

108

84

64

42

61

Change in Production Participation Plan liability

-

-

-

-

-

-

-6

13

-0

12

3

32

Derivative (gain) loss, net

-53

-17

-122

0

217

100

-7

85

24

-

-

-

(Gain) loss on sale of properties

-1

-1

-401

-184

-60

27

128

3

16

1

5

-

Amortization of deferred gain on sale

9

11

12

14

16

30

31

29

13

15

16

12

Loss on hedging activities

-

-

-

-

-

-

-1

2

8

-7

-262

7

Total operating expenses

1,559

1,511

3,010

2,113

4,735

2,712

2,256

1,511

1,119

974

1,142

813

LOSS FROM OPERATIONS

12

569

-1,529

-828

-2,643

312

-

-

-

-

-

-

OTHER INCOME (EXPENSE)
Interest expense

191

197

191

557

334

170

112

75

62

59

64

65

Gain on extinguishment of debt

7

-31

-1

-42

-18

-

-4

-

-

-6

-

-

Interest income and other (expense)

1

3

1

1

2

2

3

0

0

0

0

1

Gain on hedging activities

-

-

-

-

-

-

-

-

-

23

38

-107

Total other expense

-181

-226

-191

-598

-350

-168

-

-

-

-

-

-

LOSS BEFORE INCOME TAXES

-168

343

-1,720

-1,426

-2,993

143

571

662

780

541

-162

408

INCOME TAX BENEFIT
Current

-

-

-7

-7

-0

2

0

-0

3

4

0

2

Deferred

72

1

-475

-80

-773

76

204

248

284

199

-56

154

Total income tax benefit

72

1

-482

-87

-774

79

205

247

288

204

-55

156

NET LOSS

-241

342

-1,237

-1,339

-2,219

64

366

414

491

336

-106

-

Net loss attributable to noncontrolling interests

-

-

-0

-0

-0

-0

-0

-0

-0

-

-

-

NET INCOME (LOSS) AVAILABLE TO SHAREHOLDERS

-

-

-

-

-

-

366

414

491

336

-106

252

Preferred stock dividends

-

-

-

-

-

-

0

1

-1

-63

-10

-

NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS

-241

342

-1,237

-1,339

-2,219

64

365

413

490

272

-117

252

INCOME (LOSS) PER COMMON SHARE
Basic (in dollars per share)

-2.64

3.77

-13.65

-21.27

-45.41

0.53

3.09

3.51

4.18

2.57

-1.18

2.98

Diluted (in dollars per share)

-2.64

3.73

-13.65

-21.27

-45.41

0.53

3.06

3.48

4.14

2.55

-1.18

2.97

WEIGHTED AVERAGE SHARES OUTSTANDING
Basic (in shares)

91

90

90

62

48

122

118

117

117

106

100

84

Diluted (in shares)

91

91

90

62

48

122

119

119

118

107

100

84