Revenue: | |
Oil and gas revenues | 42.56M |
Partnership management fees | 101K |
Property operating income | 1.81M |
Gain on sale of property and equipment | 2K |
Partnership income | 291K |
Interest and other | 31K |
Total revenue | 44.79M |
Expenses: | |
Lease operating expense | 7.25M |
Severance taxes | 2.82M |
Re-engineering and workovers | |
Exploration expense | 279K |
Impairment of oil and gas properties | |
General and administrative expense | 4.65M |
Depreciation, depletion and amortization | 9.77M |
Hedge ineffectiveness | 66K |
Gain on derivative contracts | |
Interest | 409K |
Total expense | 26.02M |
Income before income taxes | 18.77M |
Income tax expense (benefit): | |
Current | -1.91M |
Deferred | 9.26M |
Income Tax Expense (Benefit), Total | 7.35M |
Net income | |
Less: Net loss attributable to noncontrolling interest | |
Net income attributable to GeoResources, Inc. | 11.42M |
Net income per share (basic) | 0.45 |
Net income per share (diluted) | 0.44 |
Weighted average shares outstanding: | |
Basic | 25.61M |
Diluted | 26.07M |