Extraction oil & gas, inc. (XOG)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Sep'15
Revenues:
Revenues

165,187

285,719

176,942

222,057

221,917

288,172

282,160

260,196

230,215

214,030

180,861

119,766

89,639

94,691

72,902

65,364

45,132

48,846

Operating Expenses:
Lease operating expense

30,390

28,810

22,979

23,608

21,857

17,653

20,283

20,774

20,703

18,732

15,465

14,125

12,036

21,224

15,480

13,369

11,970

7,493

Production taxes

13,454

21,762

9,711

18,580

18,129

24,028

21,605

24,389

20,323

18,113

16,290

10,511

6,453

3,796

6,186

6,258

4,490

4,874

Exploration and abandonment expenses

112,480

56,068

13,245

13,287

6,194

10,285

11,038

3,021

7,267

11,825

7,181

6,438

10,812

21,685

5,985

5,921

2,831

1,911

Depletion, depreciation, amortization and accretion

76,051

172,403

114,996

118,368

118,770

125,479

107,315

106,774

96,207

101,516

94,220

68,610

50,653

64,030

46,680

49,330

45,308

40,880

Impairment of long lived assets

775

1,326,763

0

2,985

8,248

54,634

16,166

128

0

972

0

0

675

74

467

22,438

446

-

Gain on sale of property and equipment

0

-1,751

1,011

97

222

-6,627

83,559

59,902

0

-

0

-

-

-

-

-

-

-

Acquisition transaction expenses

-

-

-

-

-

-

-

-

-

-

0

0

68

-

345

0

-

-

General and administrative expense

10,596

13,008

27,445

30,740

27,652

34,039

35,365

34,231

30,969

32,251

28,741

23,487

25,688

197,203

20,071

7,974

7,140

8,568

Other Cost and Expense, Operating

52,575

-

-

-

0

-

-

-

-

-

-

0

451

10,000

0

0

891

696

Total Operating Expenses

323,042

1,646,822

194,287

219,325

210,993

282,872

139,999

139,374

183,008

200,160

175,699

133,211

117,123

320,386

95,214

105,290

73,076

64,422

Operating Income (Loss)

-157,855

-1,361,103

-17,345

2,732

10,924

5,300

142,161

120,822

47,207

13,870

5,162

-13,445

-27,484

-225,695

-22,312

-39,926

-27,944

-15,576

Other Income (Expense):
Commodity derivatives gain (loss)

263,015

-76,491

87,956

73,519

-122,091

167,198

-35,913

-89,511

-50,328

-82,755

-37,875

33,876

50,422

-38,522

16,225

-74,614

-4,036

46,886

Loss on deconsolidation of Elevation Midstream, LLC

-73,139

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

21,358

24,442

23,224

18,558

13,008

20,101

20,725

19,202

63,302

18,128

15,080

9,021

9,660

10,929

31,216

13,130

13,568

12,682

Other income

574

1,204

1,337

851

1,143

2,005

1,827

939

328

301

891

250

568

266

36

56

28

22

Total Other Income (Expense)

169,092

-99,729

66,069

55,812

-133,956

149,102

-54,811

-107,774

-113,302

-100,582

-52,064

25,105

41,330

-49,185

-14,955

-87,688

-17,576

34,226

Income (Loss) Before Income Taxes

11,237

-1,460,832

48,724

58,544

-123,032

154,402

87,350

13,048

-66,095

-86,712

-46,902

11,660

13,846

-274,880

-37,267

-127,614

-45,520

-

Income tax (expense) benefit

2,200

-110,076

14,800

15,100

-29,000

54,550

22,200

4,200

-14,100

-56,144

-17,106

4,420

5,130

-

0

0

-

-

Net Loss

9,037

-1,370,748

33,924

43,444

-94,032

92,565

65,150

8,848

-51,995

-30,568

-29,796

7,240

8,716

-245,600

-37,267

-127,614

-45,520

18,650

Net income attributable to noncontrolling interest

6,160

6,144

5,776

4,097

3,975

-

3,305

0

-

-

-

-

-

-

-

-

-

-

Net Income (Loss) Attributable to Extraction Oil & Gas, Inc.

2,877

-

-28,148

-39,347

-98,007

-

-61,845

-8,848

-

-

-

-

-

-

-

-

-

-

Adjustments to reflect Series A Preferred Stock dividends and accretion of discount

-6,518

32,515

-4,403

-4,359

-4,317

-

-4,236

-4,197

-

-

-

-

-

-

-

-

-

-

Net Loss Available to Common Shareholders, Basic and Diluted

-3,641

-

23,745

34,988

-102,324

-

57,609

4,651

-

-

-

-

-

-

-

-

-

-

Basic (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

279,896

Diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

286,891

Earnings Per Common Share
Basic and diluted (in dollars per share)

-0.03

-9.08

0.17

0.22

-0.60

0.52

0.33

0.03

-0.32

-0.20

-0.20

0.02

0.03

-

-

-

-

-

Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.07

Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.07

Pro forma net income (loss) per unit
Net Income (Loss)

9,037

-1,370,748

33,924

43,444

-94,032

92,565

65,150

8,848

-51,995

-30,568

-29,796

7,240

8,716

-245,600

-37,267

-127,614

-45,520

18,650

Weighted Average Common Shares Outstanding
Basic and diluted (in shares)

137,726

138,023

137,789

159,410

170,702

173,203

175,814

175,762

174,213

172,125

171,845

171,835

171,835

-

-

-

-

-

Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.04

Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.04

Weighted average pro forma units outstanding
Basic (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

279,896

Diluted (in shares)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

286,891

Oil sales
Revenues

124,219

219,838

151,042

185,125

165,424

221,476

225,467

213,481

180,263

150,307

132,075

85,394

52,128

58,164

51,760

50,047

34,088

37,304

Natural gas sales
Revenues

22,302

34,488

16,801

21,692

35,892

38,638

23,103

19,807

24,081

29,227

24,672

18,526

19,897

20,923

12,792

8,331

6,606

7,472

NGL sales
Revenues

17,193

30,132

9,099

15,240

20,601

28,058

33,590

26,908

25,871

34,496

24,114

15,846

17,614

15,604

8,350

6,986

4,438

4,070

Transporting And Gathering
Revenues

1,473

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Transportation and gathering

22,786

23,999

6,922

11,854

10,365

10,127

11,786

9,959

7,539

16,819

13,802

10,040

10,287

-

-

-

-

-

Natural Gas, Midstream [Member]
Transportation and gathering

3,935

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-