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Rice Energy Inc. (RICE)

Income Statement Business | Product

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11
   10-K10-K10-K10-K10-K10-K
Revenues:  
    Exploration and Production  677.8453.0385.488.127.2 
    Rice Midstream Partners  201.6114.56.4   
    Rice Midstream Holdings  63.927.40.9   
    Midstream     0.6  
Total revenues   [+]778.9502.1390.988.727.214.0
            Revenue growth   [+]55.1%28.4%340.8%226.1%94.7% 
Cost of goods sold  123.984.735.68.43.812.8
Gross profit  655.1417.4355.380.323.41.2
            Gross margin  84.1%83.1%90.9%90.6%86.2%8.3%
Selling, general and administrative   [+]132.0110.666.218.69.05.2
Equity in earnings    2.7-19.4-1.50.4
Other operating expenses   [+]190.5126.0140.956.89.2-5.2
EBITDA   [+]332.6180.8150.8-14.53.77.5
            EBITDA margin  42.7%36.0%38.6%-16.3%13.7%53.8%
Depreciation  366.8321.2155.132.814.16.0
EBITA  -34.2-140.4-4.3-47.3-10.41.5
            EBITA margin  -4.4%-28.0%-1.1%-53.3%-38.4%11.0%
Amortization of intangibles  1.61.61.2   
EBIT   [+]-35.9-142.0-5.4-47.3-10.41.5
            EBIT margin  -4.6%-28.3%-1.4%-53.3%-38.4%11.0%
Non-recurring items   [+]29.2296.12.3   
Interest expense  99.687.450.217.93.50.5
Other income (expense), net   [+]-226.4269.7368.629.4-5.4-1.9
Pre-tax income  -391.0-255.9310.6-35.8-19.3-0.9
Income taxes  -142.212.191.60.00.00.0
            Tax rate  36.4% 29.5%0.0%0.0%0.0%
Minority interest  20.923.30.6   
Net income  -298.2-291.3218.5-35.8-19.3-0.9
            Net margin  -38.3%-58.0%55.9%-40.3%-71.1%-6.7%
   
Basic EPS   [+]($1.84)($2.14)$1.70($0.44)($0.33)($2,675.00)
Diluted EPS   [+]($1.84)($2.14)$1.70($0.44)($0.33)($2,675.00)
   
Dividends per share   [+]$0.30$0.12    
   
Shares outstanding (basic)   [+]162.2136.3128.280.458.20.0
Shares outstanding (diluted)   [+]162.2136.3128.380.458.20.0
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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