CONCHO RESOURCES INC Income Statement

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Financial Statements

In millions of USD, except per-share amounts

	FY2019 12 months to Dec 31, 2019	FY2018 12 months to Dec 31, 2018	FY2017 12 months to Dec 31, 2017	FY2016 12 months to Dec 31, 2016	FY2015 12 months to Dec 31, 2015
Oil sales
Natural gas sales
Total operating revenues
Income Statement
Operating revenues
Oil
Natural Gas
Total operating revenues
Operating costs and expenses:
Operating costs and expenses
Oil And Natural Gas Production
Natural Gas, Gathering, Transportation, Marketing and Processing
Production and ad valorem taxes
Exploration and abandonments
Depreciation, depletion and amortization
Accretion of discount on asset retirement obligations
Impairments of long-lived assets
Impairments of goodwill
General and administrative (including non-cash stock-based compensation of $85, $82 and $60 for the years ended December 31, 2019, 2018 and 2017, respectively)
(Gain) loss on derivatives
Gain on disposition of assets, net
Transaction costs
Total operating costs and expenses
Income (loss) from operations
Other income (expense):
Interest expense
Loss on extinguishment of debt
Other, net
Total other income (expense)
Income (loss) before income taxes
Income tax (expense) benefit
Income from continuing operations
Income from discontinued operations, net of tax
Net income (loss)
Earnings per share:
Income from continuing operations
Income from discontinued operations, net of tax
Basic net income (loss) (in dollars per share)
Diluted net income (loss) (in dollars per share)

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