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Vital Energy, Inc. (LPI)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:          
Total revenues  1,920.81,394.1677.2837.31,105.8822.2597.4606.6
            Total revenues growth  37.8%105.9%-19.1%-24.3%34.5%37.6%-1.5%-23.6%
Costs and expenses:          
Lease operating expenses  174.0102.082.090.891.375.075.3 
Production and ad valorem taxes  111.068.733.140.749.537.828.632.9
   
Cost of goods and services sold          
General and administrative  68.162.850.554.796.196.391.890.4
Depletion, depreciation and amortization  311.6215.4217.1265.7212.7158.4148.3277.7
Other operating expenses, net  8.66.47.54.14.54.95.77.7
    Total costs and expenses  859.6765.71,538.21,245.9757.3572.5685.33,078.2
Gain on disposal of assets, net  -1.184.6-1.0-0.2-5.8-1.3-0.8-2.1
    Operating income  1,060.2713.0-862.0-408.6348.5249.7-88.0-2,471.5
            Operating margin  55.2%51.1%-127.3%-48.8%31.5%30.4%-14.7%-407.4%
   
Non-operating income (expense):          
Gain (loss) on derivatives, net  -298.7-452.280.179.243.00.4-87.4214.3
Interest expense  -125.1-113.4-105.0-61.5-57.9-89.4-93.3-103.2
Loss on extinguishment of debt, net  -1.5 9.0-0.9 -23.8-0.8-31.5
Other income, net  2.21.3-0.24.61.10.8-0.2 
    Total non-operating expense, net  -423.1-564.3-16.163.5-19.6301.1-172.884.6
    Income before income taxes  637.0148.7-878.1-345.0328.8550.8-260.7-2,386.9
   
Income tax benefit (expense):          
Current  -6.1-1.3  0.8-1.8  
Deferred  0.6-2.33.92.6-5.1  176.9
Total income tax benefit (expense)          
    Net income  631.5145.0-874.2-342.5324.6549.0-260.7-2,209.9
   
Net income per common share:          
Basic (in USD per share)  $37.88$10.18($74.92)($29.61)$27.94$2.30($1.16) 
Diluted (in USD per share)  $37.44$10.03($74.92)($29.61)$27.84$2.29($1.16) 
   
Weighted-average common shares outstanding:          
Basic (in shares)  16.714.211.711.611.6239.1225.5199.2
Diluted (in shares)  16.914.511.711.611.7240.1225.5199.2

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