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Fundamentals - Annual Income Statement

Fundamentals - Annual Income Statement

  Year Ending Dec 2023 (Update) Year Ending Dec 2022 (Update) Year Ending Dec 2021 (Update) Year Ending Dec 2020 (Update)
Net Sales 10,511.00 11,324.00 7,473.00 4,667.00
Revenue 10,511.00 11,324.00 7,473.00 4,667.00
Total Revenue 10,511.00 11,324.00 7,473.00 4,667.00
Cost of Revenue 2,948.00 3,583.00 2,206.00 1,060.00
Cost of Revenue, Total 2,948.00 3,583.00 2,206.00 1,060.00
Gross Profit 7,563.00 7,741.00 5,267.00 3,607.00
Selling/General/Administrative Expense 2,303.00 1,983.00 1,569.00 1,575.00
Selling/General/Administrative Expenses, Total 2,303.00 1,983.00 1,569.00 1,575.00
Research & Development 317.00 208.00 162.00 351.00
Depreciation 2,046.00 1,703.00 1,528.00 2,074.00
Depreciation/Amortization 2,046.00 1,703.00 1,528.00 2,074.00
Impairment-Assets Held for Use 82.00 54.00 147.00 2,126.00
Other Unusual Expense (Income) -- -- 0.00 0.00
Unusual Expense (Income) 82.00 54.00 147.00 2,126.00
Total Operating Expense 7,696.00 7,531.00 5,612.00 7,186.00
Operating Income 2,815.00 3,793.00 1,861.00 -2,519.00
Interest Expense - Non-Operating -478.00 -493.00 -481.00 -468.00
Interest Expense, Net Non-Operating -478.00 -493.00 -481.00 -468.00
Investment Income, Non-Operating -- -16.00 -2.00 -6.00
Interest/Investment Income, Non-Operating -- -16.00 -2.00 -6.00
Interest Income (Expense), Net-Non-Operating, Total -478.00 -509.00 -483.00 -474.00
Gain (Loss) on Sale of Assets 2.00 101.00 29.00 87.00
Other Non-Operating Income (Expense) 132.00 161.00 83.00 56.00
Other, Net 132.00 161.00 83.00 56.00
Net Income Before Taxes 2,471.00 3,546.00 1,490.00 -2,850.00
Income Tax – Total 733.00 1,099.00 600.00 -11.00
Income After Tax 1,738.00 2,447.00 890.00 -2,839.00
Minority Interest -356.00 -351.00 -331.00 -254.00
Net Income Before Extraordinary Items 1,382.00 2,096.00 559.00 -3,093.00
Discontinued Operations -- -- -- --
Extraordinary Item -- -- -- --
Total Extraordinary Items -- -- -- --
Net Income 1,382.00 2,096.00 559.00 -3,093.00
Preferred Dividends -- -- 0.00 0.00
Total Adjustments to Net Income -- -- 0.00 0.00
Income Available to Common Excluding Extraordinary Items 1,382.00 2,096.00 559.00 -3,093.00
Income Available to Common Stocks Including Extraordinary Items 1,382.00 2,096.00 559.00 -3,093.00
Basic Weighted Average Shares 307.60 308.10 307.40 304.80
Basic EPS Excluding Extraordinary Items 4.49 6.80 1.82 -10.15
Basic EPS Including Extraordinary Items 4.49 6.80 1.82 -10.15
Dilution Adjustment -- -- -- --
Diluted Net Income 1,382.00 2,096.00 559.00 -3,093.00
Diluted Weighted Average Shares 307.60 309.60 309.30 304.80
Diluted EPS Excluding Extraordinary Items 4.49 6.77 1.81 -10.15
Diluted EPS Including Extraordinary Items 4.49 6.77 1.81 -10.15
DPS - Common Stock Primary Issue 1.75 1.50 1.00 1.00
Dividend per Share – Common Stock Issue 3 -- -- -- --
Gross Dividends - Common Stock -- 465.00 310.00 307.00
Other Unusual Expense (Income), Supplemental -- -- -- --
Non-Recurring Items, Total -- -- -- --
Total Special Items 80.00 -47.00 118.00 2,039.00
Normalized Income Before Taxes 2,551.00 3,499.00 1,608.00 -811.00
Effect of Special Items on Income Taxes 23.73 -14.57 47.52 713.65
Income Taxes Excluding Impact of Special Items 756.73 1,084.43 647.52 702.65
Normalized Income After Taxes 1,794.27 2,414.57 960.48 -1,513.65
Normalized Income Available to Common 1,438.27 2,063.57 629.48 -1,767.65
Basic Normalized EPS 4.68 6.70 2.05 -5.80
Diluted Normalized EPS 4.68 6.67 2.04 -5.80
Depreciation, Supplemental 2,046.00 1,703.00 1,528.00 2,074.00
Interest Expense, Supplemental 478.00 493.00 481.00 468.00
Rental Expense, Supplemental -- 114.00 88.00 200.00
Stock-Based Compensation, Supplemental -- 83.00 77.00 79.00
Minority Interest, Supplemental -356.00 -351.00 -331.00 -254.00
Research & Development Expense, Supplemental 317.00 208.00 162.00 351.00
Audit-Related Fees, Supplemental -- -- 6.31 6.08
Audit-Related Fees -- -- 0.85 0.78
Tax Fees, Supplemental -- -- 1.74 1.16
All Other Fees Paid to Auditor, Supplemental -- -- 0.00 0.13
Gross Margin 71.95 68.36 70.48 77.29
Operating Margin 26.78 33.50 24.90 -53.97
Pretax Margin 23.51 31.31 19.94 -61.07
Effective Tax Rate 29.66 30.99 40.27 --
Net Profit Margin 13.15 18.51 7.48 -66.27
Normalized EBIT 2,897.00 3,847.00 2,008.00 -393.00
Normalized EBITDA 4,943.00 5,550.00 3,536.00 1,681.00
Current Tax - Domestic -- 0.00 0.00 -4.00
Current Tax - Foreign -- 789.00 478.00 48.00
Current Tax - Local -- 5.00 3.00 -1.00
Current Tax - Total -- 794.00 481.00 43.00
Deferred Tax - Domestic -- 22.00 12.00 6.00
Deferred Tax - Foreign -- 283.00 107.00 -60.00
Deferred Tax - Total -- 305.00 119.00 -54.00
Other Tax -- -- -- --
Income Tax - Total -- 1,099.00 600.00 -11.00
Interest Cost - Domestic -- 69.00 55.00 73.00
Service Cost - Domestic -- 44.00 51.00 50.00
Expected Return on Assets - Domestic -- -196.00 -197.00 -180.00
Actuarial Gains and Losses - Domestic -- 11.00 58.00 48.00
Curtailments & Settlements - Domestic -- 2.00 9.00 0.00
Other Pension, Net - Domestic -- -- -- --
Domestic Pension Plan Expense -- -70.00 -24.00 -9.00
Interest Cost - Post-Retirement -- 1.00 1.00 1.00
Service Cost - Post-Retirement -- 3.00 3.00 3.00
Actuarial Gains and Losses - Post-Retirement -- -1.00 -1.00 -1.00
Curtailments & Settlements - Post-Retirement -- -- -- --
Post-Retirement Plan Expense -- 3.00 3.00 3.00
Defined Contribution Expense - Domestic -- -83.00 9.00 22.00
Total Pension Expense -- -150.00 -12.00 16.00
Discount Rate - Domestic -- 3.30 2.60 3.20
Expected Rate of Return - Domestic -- 6.50 6.60 6.70
Compensation Rate - Domestic -- 4.00 3.80 3.80
Total Plan Interest Cost -- 70.00 56.00 74.00
Total Plan Service Cost -- 47.00 54.00 53.00
Total Plan Expected Return -- -196.00 -197.00 -180.00
Total Plan Other Expense -- -- -- --
Crude Oil, Avg. Production (Barrels/Day) 225,000.00 194,000.00 163,000.00 178,000.00
Crude Oil Production (Barrels) 81,941,000.00 70,676,000.00 59,602,000.00 65,110,000.00
Gas Liquids, Average Production (Barrels/Day) 69,000.00 55,000.00 53,000.00 61,000.00
Gas Liquids Production (Barrels) 25,184,000.00 19,843,000.00 19,406,000.00 22,392,000.00
Natural Gas, Average Production (Cubic Meters/Day) 17,048,640.00 16,142,400.00 16,737,120.00 15,689,280.00
Natural Gas, Average Sales Price per Cubic Meter 0.15 0.20 0.16 0.11
Natural Gas Production (Cubic Meters) 6,223,320,000.00 5,890,588,320.00 6,105,480,480.00 5,746,949,280.00
Oil Equivalent Production (Barrels/Day) 394,000.00 344,000.00 315,000.00 331,000.00
Exploration and Development Costs -- 489.00 368.00 307.00
For a more complete picture of our financial results, please review our SEC Filings

In millions of USD (except for per share items)

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