WPX Energy, Inc. WPX Income Statement

Wpx energy, inc. (WPX)

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
Revenues:
Oil and condensate sales
-	-	-	-	-	-	-	-	-	-	93
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net
-153	81	3	-207	418	434	-124	78	29	27	18
Other Income
4	0	1	1	6	8	3	7	11	40	45
Total revenues
2,292	2,310	1,045	478	1,113	2,523	1,505	2,900	3,882	3,935	3,586
Costs and expenses:
Depreciation, depletion and amortization
928	777	542	441	350	363	354	884	902	811	808
Lease and facility operating
374	272	168	118	87	143	109	202	262	263	240
Taxes other than income
178	157	79	43	42	88	68	68	134	120	92
Exploration (Note 4)
95	75	87	26	67	101	417	71	126	57	42
Gain on sale of Powder River Basin deep rights leasehold
-	-	-	-	-	-	-	-	0	-	-
Goodwill impairment
-	-	-	-	-	-	-	-	-	1,003	-
General and administrative (including equity-based compensation of $9 million and $8 million for the respective periods)
206	182	166	202	201	224	218	265	275	242	243
Impairment of costs of acquired unproved reserves
-	-	-	-	-	-	-	-	367	175	-
Loss On Sale Of Working Interests
-	-	-	-	-	-	-	0	-	-	-
Net gain on sales of assets (Note 4)
0	-3	-161	239	-349	-	0	-	-	-	-
Acquisition Costs, Period Cost
3	0	0	-	-	-	-	-	-	-	-
Impairment of producing properties and costs of acquired unproved reserves
-	-	-	-	-	-	772	123	-	-	-
Gas management, including charges for unutilized pipeline capacity (Note 5)
-	-	-	-	-	979	927	996	1,471	1,767	1,492
Net (gain) loss on sales of assets, divestment of transportation contracts and impairment of producing properties (Note 5)
-	-	-	-	-	15	-	-	-	-	-
Acquisition costs
-	-	-	-	23	0	0	-	-	-	-
Other—net
18	7	15	15	64	13	12	14	0	-18	33
Total costs and expenses
2,148	1,756	947	1,304	768	1,997	2,950	3,057	4,024	4,740	3,212
Operating income (loss)
144	554	98	-826	345	526	-1,445	-157	-142	-805	374
Interest expense
159	163	188	207	187	123	108	102	117	124	100
Gain (Loss) on Extinguishment of Debt
-47	-71	-17	-1	-65	0	0	-	-	-	-
Gain on equity method investment transaction
380	0	0	-	-	-	-	-	-	-	-
Income (Loss) from Equity Method Investments
9	-6	0	-	-	-	-	-	-	-	-
Investment income (loss) and other
1	2	3	2	-2	1	-19	1	26	21	8
Interest capitalized
-	-	-	-	-	-	-	-	-9	15	-17
Income (loss) from continuing operations before income taxes
328	316	-104	-1,032	91	404	-1,572	-258	-	-	-
Income (loss) from continuing operations before income taxes
-	-	-	-	-	-	-	-	-224	-893	299
Provision (benefit) for income taxes
70	74	-128	-360	51	148	-567	-84	-74	44	117
Income (loss) from continuing operations
258	242	24	-672	40	256	-1,005	-174	-150	-937	-
Income (loss) from discontinued operations
-2	-91	-40	71	-1,766	-85	-186	-37	-142	-346	-42
Net loss
-	-	-	-	-1,726	171	-1,191	-211	-292	-1,283	140
Net Income (Loss) Attributable to Noncontrolling Interest
-	-	-	-	1	7	-6	12	10	8	6
Net loss attributable to WPX Energy, Inc.
256	151	-16	-601	-1,727	164	-1,185	-223	-302	-1,291	134
Preferred stock dividends, income statement impact
0	8	15	18	9	0	0	-	-	-	-
Preferred stock conversions, inducements
-	-	-	22	0	0	-	-	-	-	-
Net income (loss) available to common stockholders,
256	143	-31	-641	-1,736	164	-1,185	-	-	-	-
Amounts available to WPX Energy, Inc. common stockholders
Amounts attributable to WPX Energy, Inc. common stockholders:
Income (loss) from continuing operations attributable to WPX Energy, Inc. common stockholders for basic and diluted earnings (loss) per common share
258	234	9	-712	31	256	-993	-174	-	-	182
Income (loss) from discontinued operations
-2	-91	-40	71	-1,767	-92	-192	-49	-	-	-
Basic earnings (loss) per common share:
Income (loss) from continuing operations, per basic share
0.62	0.57	0.02	-2.28	0.13	1.26	-4.95	-0.87	-	-	-
Discontinued operation, income (loss) from discontinued operation, net of tax, per basic share
-0.01	-0.22	-0.10	0.23	-7.55	-0.45	-0.96	-0.25	-	-	-
Earnings per share, basic
0.61	0.35	-0.08	-2.05	-7.42	0.81	-5.91	-1.12	-	-	-
Income (Loss) from Continuing Operations, Per Basic and Diluted Share
-	-	-	-	-	-	-	-	-0.81	-4.80	0.89
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic and Diluted Share
-	-	-	-	-	-	-	-	-0.72	-1.75	-0.21
Earnings Per Share, Basic and Diluted, Total
-	-	-	-	-	-	-	-	-1.53	-6.55	0.68
Basic weighted-average shares
420	408	395	313	234	202	200	198	-	-	-
Diluted earnings (loss) per common share:
Income (loss) from continuing operations, per diluted share
0.61	0.57	0.02	-2.28	0.13	1.24	-4.95	-0.87	-	-	-
Discontinued operation, income (loss) from discontinued operation, net of tax, per diluted share
0.00	-0.22	-0.10	0.23	-7.50	-0.44	-0.96	-0.25	-	-	-
Earnings per share, diluted
0.61	0.35	-0.08	-2.05	-7.37	0.80	-5.91	-1.12	-	-	-
Diluted weighted-average shares(a)
422	411	397	313	235	206	200	198	-	-	-
Weighted Average Number of Shares Outstanding, Basic and Diluted
-	-	-	-	-	-	-	-	197	197	-
Oil and Condensate [Member]
Revenue from Customers
2,050	1,790	879	451	367	669	475	376	312	126	-
Natural Gas, Production [Member]
Revenue from Customers
75	87	67	35	29	282	259	1,193	1,694	1,715	1,835
Natural Gas Liquids [Member]
Revenue from Customers
122	148	70	21	7	20	10	297	408	285	139
Oil and Gas [Member]
Revenue from Customers
2,247	2,025	1,016	507	403	971	744	1,866	2,414	2,126	2,067
Oil and Gas, Refining and Marketing [Member]
Revenue from Customers
194	204	25	177	286	1,110	882	949	1,428	1,742	1,456
Cost of Goods and Services Sold
163	182	27	208	261	-	-	-	-	-	-
Natural Gas, Gathering, Transportation, Marketing and Processing [Member]
Cost of Goods and Services Sold
183	107	24	12	22	71	73	434	487	320	262