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2019 |
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First Quarter (2)
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Second Quarter (3)
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Third Quarter (4)
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Fourth Quarter (5)
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(In thousands, except per share amounts) |
Total operating revenues |
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$153,047 |
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$167,052 |
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$155,378 |
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$196,095 |
|
Income from operations |
|
43,225 |
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58,509 |
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52,544 |
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|
18,380 |
|
Net income (loss) |
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(19,543 |
) |
|
55,180 |
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|
55,834 |
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(23,543 |
) |
Income (loss) available to common stockholders |
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(21,367 |
) |
|
53,357 |
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47,180 |
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(23,543 |
) |
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Income (loss) available to common stockholders per common share (1)
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Basic |
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($0.09 |
) |
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$0.23 |
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$0.21 |
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($0.09 |
) |
Diluted |
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($0.09 |
) |
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$0.23 |
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$0.21 |
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($0.09 |
) |
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2018 |
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First Quarter |
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Second Quarter (6)
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Third Quarter (7)
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Fourth Quarter (8)
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(In thousands, except per share amounts) |
Total operating revenues |
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$127,440 |
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$137,075 |
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$161,214 |
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$161,895 |
|
Income from operations |
|
60,986 |
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|
67,400 |
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|
72,811 |
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|
58,333 |
|
Net income |
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55,761 |
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50,474 |
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37,931 |
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156,194 |
|
Income available to common stockholders |
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53,937 |
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48,650 |
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36,108 |
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154,370 |
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Income available to common stockholders per common share (1)
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Basic |
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$0.27 |
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$0.23 |
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$0.16 |
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$0.68 |
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Diluted |
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$0.27 |
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$0.23 |
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$0.16 |
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$0.68 |
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(1) |
The sum of quarterly income (loss) available to common stockholders per common share does not agree with the total year income (loss) available to common stockholders per common share as each computation is based on the weighted average of common shares outstanding during the period. |
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(2) |
First quarter of 2019 included the following: |
a. $67.3 million loss on derivative contracts
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(3) |
Second quarter of 2019 included the following: |
a. $14.0 million gain on derivative contracts
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(4) |
Third quarter of 2019 included the following: |
a. $21.8 million gain on derivative contracts
b. $5.9 million of merger and integration costs associated with the merger with Carrizo
c. $8.3 million loss on redemption of Preferred Stock
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(5) |
Fourth quarter of 2019 included the following: |
a. Activity from the Carrizo Acquisition subsequent to the December 20, 2019 closing date.
b. $68.4 million of merger and integration costs associated with the merger with Carrizo
c. $30.7 million loss on derivative contracts
d. $4.9 million loss on extinguishment of debt
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(6) |
Second quarter of 2018 included the following: |
a. $16.6 million loss on derivative contracts
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(7) |
Third quarter of 2018 included the following: |
a. $34.3 million loss on derivative contracts
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(8) |
Fourth quarter of 2018 included the following: |
a. 103.9 million gain on derivative contracts
|