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EARTHSTONE ENERGY INC (ESTE)

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  1,695.2419.6144.5191.3165.4108.142.347.5
            Total revenues growth  304.0%190.4%-24.4%15.7%53.0%155.7%-10.9%-0.3%
OPERATING COSTS AND EXPENSES          
Lease operating expense  230.549.329.128.7    
Production and ad valorem taxes  123.126.49.411.99.86.12.22.6
Rig idle and termination expense    0.4     
Impairment expense    64.5 4.672.224.3138.1
Depreciation, depletion and amortization  301.8106.496.469.247.636.925.931.2
General and administrative expense  74.241.928.227.627.327.19.49.7
Transaction costs  8.24.90.61.114.34.72.50.6
Accretion of asset retirement obligation  2.71.10.30.20.20.40.60.6
Exploration expense  2.50.30.30.70.60.00.00.1
    Total operating costs and expenses  742.9230.3229.3139.4123.2167.188.3198.3
Gain on sale of oil and gas properties, net  13.90.70.2     
    Income (loss) from operations  966.1190.1-84.655.144.1-49.9-46.0-149.2
            Operating margin  57.0%45.3%-58.5%28.8%26.6%-46.1%-108.9%-314.4%
   
OTHER INCOME (EXPENSE)          
Interest expense, net  -66.8-10.8-5.2-6.6-2.9-2.7-1.3-0.7
(Loss) gain on derivative contracts, net  -125.1-116.859.9-44.060.9-8.0-6.66.4
Other income, net  0.90.80.4-0.10.20.0-0.10.4
    Total other (expense) income  -191.1-126.755.1-51.953.6-11.2-8.06.1
    Income (loss) before income taxes  775.063.4-29.53.297.7-61.1-54.0-143.1
Income tax (expense) benefit  -124.4-1.90.1-1.7-2.516.4-0.526.4
    Net income (loss)  650.661.5-29.41.695.2-44.7-54.5-116.7
Less: Net income (loss) attributable to noncontrolling interest  198.126.0-15.90.952.9-32.2  
    Net income (loss) attributable to Earthstone Energy, Inc.  452.535.5-13.50.742.3-12.5-54.5-116.7
   
Net income (loss) per common share attributable to Earthstone Energy, Inc.:          
Basic (in dollars per share)  0.00.00.00.00.00.00.00.0
Diluted (in dollars per share)  0.00.00.00.00.00.0  
   
Weighted average common shares outstanding:          
Basic (in shares)  88.347.229.929.028.223.618.713.8
Diluted (in shares)  96.350.029.929.428.223.618.713.8

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