WPX Energy, Inc. WPXP Income Statement

Wpx energy, inc. (WPXP)

Income statement / TTM

Mar'20	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
Revenues:
Oil and condensate sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net
923	-153	489	175	-57	81	-572	-539	-269	3	65	209	-61	-207	120	287	370	418	737	680	734	434	-157	-320	-225	-124	-16	-23	-30	78	72	106	41	29	0	0	0
Other Income
7	4	3	2	0	-	0	0	-	-	0	-	-	1	1	5	5	6	9	6	9	8	-8	-4	0	3	16	10	8	7	10	13	11	11	0	0	0
Total revenues
3,331	2,292	2,871	2,560	2,295	2,310	1,443	1,104	1,024	1,045	763	869	657	478	737	893	909	1,113	1,136	1,476	2,049	2,523	1,811	1,680	1,768	1,505	2,600	2,661	2,621	2,900	3,332	3,650	3,834	3,882	0	0	0
Costs and expenses:
Depreciation, depletion and amortization
968	928	907	859	835	777	706	646	590	542	363	380	402	441	439	425	385	350	143	208	287	363	262	291	316	354	853	866	887	884	951	947	923	902	0	0	0
Lease and facility operating
389	374	366	338	303	272	228	205	187	168	117	112	112	118	109	103	94	87	62	91	118	143	73	80	94	109	218	216	210	202	270	272	266	262	0	0	0
Taxes other than income
181	178	169	168	166	157	144	118	96	79	53	48	45	43	38	38	38	42	33	51	68	88	64	65	68	68	94	84	73	68	107	116	134	134	0	0	0
Exploration (Note 4)
138	95	91	87	80	75	72	71	70	87	64	57	53	26	29	75	69	67	73	45	93	101	454	447	413	417	71	72	71	71	86	138	133	126	0	0	0
General and administrative (including equity-based compensation of $9 million and $8 million for the respective periods)
210	206	197	190	186	182	172	168	168	166	168	179	190	202	208	202	200	201	168	194	211	224	213	209	213	218	272	272	269	265	281	284	276	275	0	0	0
Impairment of costs of acquired unproved reserves
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	0	-	-	-	-
Loss On Sale Of Working Interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-
Gain on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on sales of assets (Note 4)
-	-	-	-	-	-	-	-	-	-161	-40	75	72	239	-199	-424	-220	-349	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition Costs, Period Cost
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gas management, including charges for unutilized pipeline capacity (Note 5)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	979	1,049	1,086	1,075	927	913	912	884	996	1,100	1,259	1,409	1,471	0	0	0
Acquisition costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other—net
30	18	19	8	6	7	5	8	14	15	16	22	17	15	45	43	44	64	40	35	33	13	9	7	7	12	15	19	16	14	4	-2	4	0	0	0	0
Total costs and expenses
3,264	2,148	2,072	1,977	1,896	1,756	1,554	1,251	1,093	947	841	1,238	1,400	1,304	1,103	925	587	768	355	626	1,452	1,997	3,089	3,174	3,013	2,950	2,822	2,844	2,887	3,057	3,786	4,007	4,074	4,024	0	0	0
Operating income (loss)
67	144	799	583	399	554	-111	-147	-69	98	-78	-369	-743	-826	-366	-32	322	345	781	850	597	526	-1,278	-1,494	-1,245	-1,445	-222	-183	-266	-157	-454	-357	-240	-142	0	0	0
Interest expense
166	159	159	159	158	163	170	180	187	188	189	190	197	207	216	232	211	187	165	131	127	123	114	111	111	108	107	104	102	102	97	72	94	117	0	0	0
Gain (Loss) on Extinguishment of Debt
-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on equity method investment transaction
254	380	373	373	126	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Equity Method Investments
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment income (loss) and other
5	1	9	3	3	2	-3	1	0	3	5	3	2	2	-3	-3	-1	-2	3	3	2	1	-39	-35	-26	-19	-4	-1	-2	1	32	32	30	26	0	0	0
Interest capitalized
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-8	-6	-7	-9	0	0	0
Income (loss) from continuing operations before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations before income taxes
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	0	0	0	-	-511	-391	-297	-224	0	0	0
Provision (benefit) for income taxes
23	70	239	192	75	74	-224	89	-176	-128	-93	-530	-362	-360	-179	-74	57	51	195	247	164	148	-530	-584	-491	-567	-94	-93	-122	-84	-175	-137	-102	-74	0	0	0
Income (loss) from continuing operations
100	258	732	604	220	242	-131	-503	-97	24	-187	-27	-577	-672	-406	-258	-12	40	359	475	308	256	-206	0	0	-	0	-	-	-174	-111	-18	0	-	0	0	-
Income (loss) from discontinued operations
-182	-2	0	0	-2	-91	-110	123	-126	-40	37	-196	80	71	-1,557	-1,716	-1,794	-1,766	-332	-152	-88	-85	42	0	0	-	0	-	-	-37	-106	-111	-136	-142	0	0	0
Net loss
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-1,726	27	323	220	171	-1,032	-1,214	-1,059	-1,191	-311	-256	-284	-211	-442	-365	-331	-292	0	0	0
Net Income (Loss) Attributable to Noncontrolling Interest
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	1	1	5	7	7	-4	-10	-8	-6	7	12	12	12	13	12	11	10	0	0	0
Net loss attributable to WPX Energy, Inc.
-84	256	732	604	218	151	-241	-380	-223	-16	-150	-223	-497	-601	0	0	0	-	-	-	-	-	-	-1,204	-1,051	-1,185	-318	-268	-296	-223	-455	-377	-342	-302	0	0	0
Comprehensive Income (Loss), Net of Tax, Attributable to Parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividends, income statement impact
-	-	0	0	-	8	12	15	15	15	14	15	17	18	20	20	14	9	4	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock conversions, inducements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss) available to common stockholders,
-	-	732	604	-	143	-253	-395	-238	-31	-164	-260	-536	-641	-2,005	-1,994	-1,820	-1,736	-135	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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
98	258	732	604	216	234	-143	-518	-112	9	-201	-64	-616	-712	-448	-278	-26	31	355	475	308	256	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0
Income (loss) from discontinued operations
-182	-2	0	0	-2	-91	-110	123	-126	-40	37	-196	80	71	-1,557	-1,716	-1,794	-1,767	-333	-157	-95	-92	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Basic earnings (loss) per common share:
Income (loss) from continuing operations, per basic share
-	-	0.29	-	-	-	-0.01	-	-0.07	-0.07	-0.96	0.81	0.24	-0.78	-0.72	-0.76	-0.02	0.05	-0.29	0.11	0.26	-	-	-	0.00	-	-	0.09	-0.58	-	-	-	-	-	-	-	-
Discontinued operation, income (loss) from discontinued operation, net of tax, per basic share
-	-	0.00	-	-	-	0.00	-	-0.23	-0.04	0.58	-0.63	-0.01	0.19	0.00	0.08	-0.04	-6.73	-0.64	-0.25	0.07	-	-	-	0.09	-	-	-	-	-	-	-	-	-	-	-	-
Earnings per share, basic
-	-	0.29	-	-	-	-0.01	-	-0.30	-0.11	-0.38	0.18	0.23	-0.59	-0.72	-0.68	-0.06	-6.68	-0.93	-0.14	0.33	-	-	-	0.09	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Per Basic and Diluted Share
-0.46	-	-	0.72	-0.11	-	-	-0.21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.23	-0.71	-	-	-0.53	-	-	-	-0.33	-0.17	-0.21	-1.06	0.09	0.13	0.03
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic and Diluted Share
-0.39	-	-	0.00	0.00	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic and Diluted Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.07	0.05	-	-	-0.04	-	-	-	0.01	0.12	-0.01	-0.65	-0.02	0.00	-0.05
Earnings Per Share, Basic and Diluted, Total
-0.85	-	-	0.72	-0.11	-	-	-0.21	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.30	-0.66	-	-	-0.57	-	-	-	-0.32	-0.05	-0.22	-1.71	0.07	0.13	-0.02
Basic weighted-average shares
-	-	420	422	-	421	414	400	398	398	398	397	386	334	341	300	276	276	251	205	204	-	203	-	201	201	200	200	199	-	-	198	-	-	-	-	-
Diluted earnings (loss) per common share:
Income (loss) from continuing operations, per diluted share
-	-	0.29	-	-	-	-0.01	-	-0.07	-0.02	-0.96	0.77	0.23	-0.78	-0.72	-0.76	-0.02	0.06	-0.29	0.11	0.25	-	-	-	0.00	-	-	0.09	-0.58	-	-	-	-	-	-	-	-
Discontinued operation, income (loss) from discontinued operation, net of tax, per diluted share
-	-	0.00	-	-	-	0.00	-	-0.23	-0.07	0.58	-0.60	-0.01	0.19	0.00	0.08	-0.04	-6.68	-0.64	-0.25	0.07	-	-	-	0.09	-	-	-	-	-	-	-	-	-	-	-	-
Earnings per share, diluted
-	-	0.29	-	-	-	-0.01	-	-0.30	-0.09	-0.38	0.17	0.22	-0.59	-0.72	-0.68	-0.06	-6.62	-0.93	-0.14	0.32	-	-	-	0.09	-	-	-	-	-	-	-	-	-	-	-	-
Diluted weighted-average shares(a)
-	-	421	423	-	434	414	400	398	357	398	423	410	334	341	300	276	278	251	206	205	-	207	-	205	197	200	203	199	-	199	198	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Basic and Diluted
458	-	-	-	421	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	202	-	-	-	-	-	-	199	-	198	-	197	197	-
Oil and Condensate [Member]
Revenue from Customers
2,066	2,050	1,958	1,922	1,879	1,790	1,639	1,354	1,080	879	644	565	513	451	375	356	352	367	497	576	632	669	544	528	485	475	503	438	409	376	430	395	0	-	0	0	-
Natural Gas, Production [Member]
Revenue from Customers
63	75	93	95	95	87	72	67	67	67	-5	19	27	35	11	11	13	29	-394	-230	6	282	246	255	309	259	986	1,107	1,103	1,193	1,423	1,532	1,643	1,694	0	0	0
Natural Gas Liquids [Member]
Revenue from Customers
113	122	139	146	151	148	126	109	89	70	37	33	27	21	20	14	9	7	-134	-87	-38	20	9	13	17	10	230	238	258	297	342	387	416	408	0	0	0
Oil and Gas [Member]
Revenue from Customers
2,242	2,247	2,190	2,163	2,125	2,025	1,837	1,530	1,236	1,016	676	617	567	507	406	381	374	403	-31	259	600	971	799	796	811	744	1,719	1,783	1,770	1,866	2,204	2,324	2,425	2,414	0	0	0
Oil and Gas, Refining and Marketing [Member]
Revenue from Customers
159	194	191	221	227	204	176	112	56	25	22	43	151	177	210	220	160	286	421	531	706	1,110	1,177	1,208	1,182	882	881	891	873	949	1,046	1,207	1,357	1,428	0	0	0
Cost of Goods and Services Sold
148	163	152	179	192	182	166	107	61	27	23	50	174	208	253	265	191	261	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural Gas, Gathering, Transportation, Marketing and Processing [Member]
Cost of Goods and Services Sold
203	183	174	151	131	107	72	51	37	24	-27	-13	1	12	27	25	21	22	-128	-63	-1	71	16	22	55	73	361	397	406	434	503	509	510	487	0	0	0