| In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Turkey | 67.4 | 70.8 | 56.6 | 68.6 | 85.1 | 138.8 | 130.7 | 143.7 |
| Other | | | | | | | 0.1 | 0.3 |
| Total revenues [+] | 67.4 | 70.8 | 56.6 | 68.6 | 85.1 | 138.8 | 130.8 | 143.9 |
| Oil & gas sales | | | | 63.4 | 82.7 | 136.3 | 127.3 | 134.1 |
| Other | | | | 0.1 | 0.2 | 0.4 | 1.0 | 1.9 |
| Revenue growth [+] | -4.8% | 25.0% | -17.4% | -19.4% | -38.7% | 6.1% | -9.1% | 11.6% |
| Turkey | -4.8% | 25.0% | -17.4% | -19.4% | -38.7% | 6.2% | -9.0% | 11.9% |
| Cost of goods sold | 48.3 | 44.8 | 43.7 | 23.1 | 20.9 | 38.0 | 43.7 | 30.2 |
| Gross profit | 19.1 | 26.0 | 13.0 | 45.5 | 64.2 | 100.8 | 87.1 | 113.7 |
| Gross margin | 28.4% | 36.7% | 22.9% | 66.3% | 75.5% | 72.6% | 66.6% | 79.0% |
| Selling, general and administrative [+] | 0.3 | 0.5 | 4.7 | 16.3 | 24.1 | 31.1 | 29.0 | 33.9 |
| General and administrative | | | | 16.3 | 24.1 | 31.1 | 29.0 | 33.9 |
| Other operating expenses [+] | 1.9 | 2.2 | 2.2 | 0.1 | 0.4 | 6.8 | 19.0 | 5.0 |
| Exploration expenses | 0.3 | 0.5 | 4.7 | 0.1 | 0.4 | 4.3 | 14.0 | 5.0 |
| EBITDA [+] | 30.1 | 37.4 | 23.0 | 29.0 | 39.7 | 63.0 | 39.1 | 74.7 |
| EBITDA growth | -19.5% | 62.9% | -21.0% | -26.8% | -37.0% | 61.0% | -47.7% | -3565.6% |
| EBITDA margin | 44.7% | 52.8% | 40.5% | 42.3% | 46.7% | 45.3% | 29.9% | 51.9% |
| Depreciation and amortization | 13.2 | 14.1 | 16.9 | 29.0 | 37.7 | 48.6 | 41.3 | 28.2 |
| EBIT [+] | 16.9 | 23.3 | 6.0 | 0.0 | 2.0 | 14.4 | -2.2 | 46.5 |
| EBIT growth | -27.7% | 286.8% | 25054.2% | -98.8% | -86.2% | -748.7% | -104.8% | -213.0% |
| EBIT margin | 25.1% | 33.0% | 10.7% | 0.0% | 2.3% | 10.3% | -1.7% | 32.3% |
| Non-recurring items [+] | | | | | 16.0 | -2.5 | -5.0 | 36.0 |
| Asset impairment | | | | | 16.0 | | | |
| Loss (gain) on sale of assets | | | | | | | | 36.0 |
| Interest expense, net [+] | -0.9 | -1.1 | -1.1 | 11.8 | 13.1 | 4.9 | 2.6 | 5.9 |
| Interest expense | | | | 11.8 | 13.1 | 6.0 | 3.9 | 8.3 |
| Interest income | 0.9 | 1.1 | 1.1 | | | 1.1 | 1.3 | 2.4 |
| Other income (expense), net [+] | -14.3 | -20.0 | -25.6 | -4.6 | 22.7 | 30.9 | -12.4 | -4.5 |
| Unrealized gain/loss on derivatives | | | | -3.3 | 27.5 | | | |
| Gain (loss) on foreign currency transactions | | | | -3.9 | -5.7 | -6.5 | -9.7 | 1.1 |
| Pre-tax income | 3.5 | 4.5 | -18.4 | -16.4 | -4.4 | 42.9 | -12.2 | 0.1 |
| Income taxes | 8.9 | 9.7 | 5.4 | 0.0 | 0.0 | 13.7 | 0.0 | 0.0 |
| Tax rate | 252.1% | 217.0% | | 0.0% | 0.0% | 31.9% | 0.0% | 0.0% |
| Earnings from continuing ops | | | | -22.4 | -26.7 | 29.2 | -13.3 | -6.4 |
| Earnings from discontinued ops | | | | 16.2 | -80.9 | -0.1 | -0.4 | 22.6 |
| Net income | 0.0 | 0.0 | 0.0 | -6.2 | -107.5 | 29.1 | -13.7 | 16.2 |
| Net margin | 0.0% | 0.0% | 0.0% | -9.1% | -126.4% | 20.9% | -10.5% | 11.3% |
| |
| Basic EPS [+] | $0.00 | $0.00 | $0.00 | ($0.51) | ($0.65) | $0.77 | ($0.36) | ($0.17) |
| Growth | | | -100.0% | -21.7% | -184.5% | -315.7% | 106.4% | -92.0% |
| Diluted EPS [+] | $0.00 | $0.00 | $0.00 | ($0.51) | ($0.65) | $0.77 | ($0.36) | ($0.17) |
| Growth | | | -100.0% | -21.7% | -185.0% | -314.6% | 106.4% | -92.0% |
| |
| Shares outstanding (basic) [+] | 55.1 | 50.5 | 48.2 | 43.9 | 40.8 | 37.8 | 37.1 | 36.7 |
| Growth | 9.2% | 4.8% | 9.8% | 7.5% | 8.0% | 2.1% | 0.9% | 3.2% |
| Shares outstanding (diluted) [+] | 55.1 | 50.5 | 48.2 | 43.9 | 40.8 | 38.0 | 37.1 | 36.7 |
| Growth | 9.2% | 4.8% | 9.8% | 7.5% | 7.4% | 2.6% | 0.9% | 3.2% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |