Plains Exploration & Production Co (PXP) Annual Income Statement

Annual · GAAP · USD millions
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This income statement overview for Plains Exploration & Production Co spans from to Dec 31 2012, showing how the company's revenues, expenses, and earnings have changed across reporting periods.

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Annual Report, GAAP in USD millions
ITEM
(Dec 31 2012)
2012
(Dec 31 2011) (Dec 31 2010) (Dec 31 2007)
Revenues
Revenue From Contract With Customer Excluding Assessed Tax232.44
Total Revenue2,565.31
Costs & Expenses
Cost of Goods and Services Sold558.58
Gross Profit2,006.73
Selling, Administration, Marketing230.90
Depreciation & Amortization1,101.11
Asset Retirement Obligation, Accretion Expense59.10
Other Operating Expense / -Income-0.03
Total operating costs including COS1,949.65
Operating income / -loss615.66
Interest Expense297.54
Net Interest (-)Expense / Income-297.54
Extinguishment of Debt-8.39
Gain (Loss) on Derivative Instruments, Net, Pretax-2.88
Other loss / -income-184.71
Total costs & expenses2,051.21
Income & Taxes
Income / -loss before income taxes514.10
Income taxes expenses / -benefit171.31
Income after income taxes342.79
Net income / -loss of other equity0.00
Income / -loss from continuing operations342.79
Preferred dividends-36.37
Net income / -loss342.79
Income / -loss to shareholder306.42
EBIT811.64
EBITD1,510.66
EBITDA1,510.66
Earnings Per Share
Basic EPS (excl. extra items)2.36
Basic Net EPS2.36
Basic shares outstanding (Mill. of Units)129.93
Diluted Net EPS2.32
Diluted average shares (Mill. of Units)131.87
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About PXP Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: n/a

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.

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