PHX Income Statement

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Revenues:
Oil and natural gas (and associated natural gas liquids) sales 14.1M
Lease bonuses and rentals 140.94K
Gains (losses) on derivative contracts -1.81M
Income from partnerships 151.56K
Total revenues 12.58M
Costs and expenses:
Lease operating expenses 2.64M
Production taxes 412.89K
Exploration costs 15.41K
Depreciation, depletion and amortization 6.26M
Provision for impairment 63.48K
Loss (gain) on asset sales, interest and other
General and administrative 1.64M
Total costs and expenses 10.82M
Income before provision for income taxes 1.76M
Provision for income taxes 739K
Net income 1.02M
Basic and diluted earnings per common share (Note 3) 0.12
Basic and diluted weighted average shares outstanding:
Common shares 8.25M
Unissued, directors' deferred compensation shares 113.26K
Total basic and diluted weighted average shares outstanding 8.37M
Dividends declared per share of common stock and paid in period 0.07