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Montage Resources Corp (MR)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-30-20Jun-30-20Mar-31-20Dec-31-19Sep-30-19Jun-30-19Mar-31-19Dec-31-18
   10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
REVENUES          
Revenues  115.490.7133.4174.1163.3155.5141.5171.2
            Revenues growth  -29.3%-41.7%-5.7%1.7%25.5%50.1%28.4%64.5%
OPERATING EXPENSES          
Lease operating  11.59.912.013.712.010.17.56.3
Transportation, gathering and compression  52.051.454.1 57.051.941.2 
   
Cost, Product and Service [Extensible List]          
Production and ad valorem taxes  3.71.64.93.61.74.02.82.9
Brokered natural gas and marketing expense  7.37.79.310.710.612.09.513.2
Depreciation, depletion, amortization and accretion  53.242.844.142.145.538.629.936.3
Exploration  11.89.113.310.316.615.216.813.3
General and administrative  12.111.69.913.914.613.628.911.0
Rig termination and standby  0.3   1.2   
Gain on sale of assets  -0.1-1.90.60.3-0.70.00.00.0
Other expense  0.10.00.00.00.00.00.0 
    Total operating expenses  151.9132.2148.1 158.4145.4136.6 
    OPERATING INCOME (LOSS)  -36.5-41.5-14.721.04.910.24.947.6
            Operating margin  -31.6%-45.7%-11.0%12.0%3.0%6.5%3.4%27.8%
   
OTHER INCOME (EXPENSE)          
Gain (loss) on derivative instruments  -40.5-10.940.18.015.829.7-4.92.9
Interest expense, net  -14.4-14.9-14.8-14.9-15.2-15.1-13.8-14.0
Other income  0.00.00.00.0 0.0  
    Total other income (expense), net  -54.9-25.925.3-6.90.614.6-18.8-11.1
    INCOME (LOSS) FROM CONTINUING OPERATIONS BEFORE INCOME TAXES  -91.4-67.310.614.05.524.8-13.936.5
   
Income tax benefit (expense)          
    INCOME (LOSS) FROM CONTINUING OPERATIONS  -91.4-67.310.614.05.524.8-13.936.5
Income (loss) from discontinued operations, net of income tax  -0.8-1.5-7.80.0-1.22.7-0.20.0
    NET INCOME (LOSS)  -92.2-68.92.814.14.327.5-14.136.5
   
EARNINGS (LOSS) PER SHARE OF COMMON STOCK          
Basic:          
Weighted average common stock outstanding  36.035.935.833.235.735.725.620.0
Income (loss) from continuing operations  0.00.00.00.00.00.00.00.0
Income (loss) from discontinued operations  0.00.00.0 0.00.00.0 
   
    Net income (loss)  ($2.56)($1.92)$0.08$0.41$0.12$0.77($0.55)$1.83
   
Diluted:          
Weighted average common stock outstanding  36.035.9107.599.9107.1107.325.660.2
Income (loss) from continuing operations  0.00.00.00.00.00.00.00.0
Income (loss) from discontinued operations  0.00.00.0 0.00.00.0 
    Net income (loss)  ($2.56)($1.92)$0.08$0.40$0.12$0.77($0.55)$1.83

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