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Income Statement
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Jagged Peak Energy Inc. (JAG)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
   10-K10-K10-K10-K10-K/A
Revenues:  
    Natural gas sales     0.90.6
    Other     32.915.6
Revenues   [+]581.6267.376.533.916.3
            Revenue growth   [+]117.6%249.3%126.1%107.9% 
Cost of goods sold   [+]34.620.55.45.62.0
Gross profit  547.0246.871.128.314.2
            Gross margin  94.0%92.3%93.0%83.5%87.5%
Selling, general and administrative   [+]122.5466.111.77.47.3
Other operating expenses   [+]293.1129.651.429.411.0
EBITDA   [+]351.8-239.747.413.6 
            EBITDA margin  60.5%-89.7%62.0%40.1%-24.9%
Depreciation and amortization  220.3109.239.422.2 
EBIT   [+]131.5-348.98.0-8.6-4.1
            EBIT margin  22.6%-130.5%10.5%-25.4%-24.9%
Interest expense  25.22.92.60.2 
Other income (expense), net   [+]125.6-42.3-15.11.34.1
Pre-tax income  231.9-394.0-9.8-7.50.0
Income taxes  66.557.90.00.00.0
            Tax rate  28.7% 0.0%0.0% 
Net income  165.5-451.9-9.8-7.50.0
            Net margin  28.4%-169.1%-12.8%-22.1%0.0%
   
Basic EPS   [+]$0.78($2.12)($30.00)  
Diluted EPS   [+]$0.78($2.12)($30.00)  
   
Shares outstanding (basic)   [+]213.1212.90.3  
Shares outstanding (diluted)   [+]213.2212.90.3  
   
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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