BURLINGTON RESOURCES INC (BR) [Rocket]

In millions, except per share items	Dec-31-05	Sep-30-05	Jun-30-05	Mar-31-05	Dec-31-04	Sep-30-04	Jun-30-04	Mar-31-04
	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q
Revenues:
U.S.	1,247	1,028	869		66	1,028	869
Canada	861	688	594		254	688	594
International					83	237	223
Other	264	237	223		1,155
Total revenues	2,372	1,953	1,686	1,576	1,558	1,419	1,333	1,308
Revenue growth [+]	52.2%	37.6%	26.5%	20.5%	46.3%	34.0%	25.9%	16.0%
U.S.	1789.4%	0.0%	0.0%		-61.2%	49.6%	35.8%
Canada	239.0%	0.0%	0.0%		-36.8%	34.9%	17.2%
International						6.8%	19.9%
Cost of goods sold	339	303	280	271	285	264	250	241
Gross profit	2,033	1,650	1,406	1,305	1,273	1,155	1,083	1,067
Gross margin	85.7%	84.5%	83.4%	82.8%	81.7%	81.4%	81.2%	81.6%
Selling, general and administrative [+]	80	76	49	51	62	54	51	48
General and administrative	80	76	49	51	62	54	51	48
Other operating expenses	653	660	611	593	563	548	532	538
EBITDA [+]	1,638	1,239	1,068	989	954	837	770	758
EBITDA growth	71.7%	48.0%	38.7%	30.5%	77.0%	-16.2%	406.6%	19.7%
EBITDA margin	69.1%	63.4%	63.3%	62.8%	61.2%	59.0%	57.8%	58.0%
Depreciation and amortization	338	325	322	328	306	284	270	277
EBIT [+]	1,300	914	746	661	648	553	500	481
EBIT growth	100.6%	65.3%	49.2%	37.4%	130.6%	67.6%	40.8%	11.9%
EBIT margin	54.8%	46.8%	44.2%	41.9%	41.6%	39.0%	37.5%	36.8%
Non-recurring items	-73	-117	1	-1	93		2	8
Interest expense	71	70	70	70	71	71	69	71
Interest expense	71	70	70	70	71	71	69	71
Other income (expense), net	83	158	130	147	104	147	111	145
Pre-tax income	1,385	1,119	805	739	588	629	540	547
Income taxes	431	371	268	268	188	235	161	193
Tax rate	31.1%	33.2%	33.3%	36.3%	32.0%	37.4%	29.8%	35.3%
Net income	954	748	537	471	400	394	379	354
Net margin	40.2%	38.3%	31.9%	29.9%	25.7%	27.8%	28.4%	27.1%

Basic EPS [+]	$2.51	$1.98	$1.41	$1.22	$1.02	$1.00	$0.96	$0.90
Growth	145.7%	98.0%	46.9%	35.6%	4.9%	49.3%	37.1%	-32.7%
Diluted EPS [+]	$2.49	$1.96	$1.40	$1.21	$1.01	$1.00	$0.96	$0.89
Growth	146.1%	96.0%	45.8%	36.0%	4.5%	49.3%	39.1%	-33.0%

Shares outstanding (basic) [+]	380	378	381	386	392	394	395	393
Growth	-2.9%	-4.1%	-3.5%	-1.8%	-1.5%	-1.1%	-0.6%	95.5%
Shares outstanding (diluted) [+]	383	382	384	389	396	394	395	398
Growth	-3.1%	-3.1%	-2.8%	-2.1%	-1.1%	-1.1%	-2.0%	96.5%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.