← ARKO Petroleum Corp.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenues | $26.3m |
$34.5m
+30.87%
|
$40.8m
+18.24%
|
$43.2m
+6.02%
|
$29.6m
-31.53%
|
$32.7m
+10.48%
|
$108.9m
+233.09%
|
$128.5m
+17.98%
|
$85.9m
-33.18%
|
$85.8m
-0.04%
|
|
| General and administrative expenses | $9.1m | $5.0m | $6.8m | $5.1m | $5.3m | $6.8m | $6.8m | $9.6m | $9.6m | $10.3m | |
| Restructuring charges | $1.3m | $4k | $0 | — | — | — | — | — | — | — | |
| Lease operating costs | $9.1m | $10.8m | $11.7m | $14.3m | $13.5m | $16.6m | $48.7m | $59.5m | $48.3m | $49.3m | |
| Total operating costs | $24.7m | $21.6m | $24.6m | $25.6m | $25.9m | $53.4m | $63.5m | $83.4m | $78.0m | $81.7m | |
| Interest expense | — | — | — | — | ($111k) | ($103k) | ($572k) | ($458k) | ($1.5m) | ($3.0m) | |
| Net gain (loss) on derivative contracts | — | — | — | $0 | $1.4m | ($615k) | ($3.8m) | $513k | ($1.3m) | $473k | |
| Gain (loss) on unsettled derivative instruments, net | $124k | ($14k) | $0 | — | — | — | — | — | — | — | |
| Interest and other income | $26k | $57k | $86k | $239k | $177k | $40k | $95k | $121k | $342k | $191k | |
| Income (loss) before income taxes | $34.2m | $12.9m | $16.2m | $18.9m | $3.8m | ($21.4m) | $41.1m | $45.3m | $5.5m | $1.9m | |
| Income tax (expense) benefit | $9.6m | $4.8m | ($3.4m) | $3.5m | ($2.2m) | $5.0m | ($8.5m) | ($10.1m) | ($1.4m) | ($396k) | |
| Net income (loss) | $24.7m |
$8.0m
-67.38%
|
$19.6m
+143.88%
|
$15.4m
-21.62%
|
$5.9m
-61.39%
|
($16.4m)
-376.87%
|
$32.6m
+298.49%
|
$35.2m
+7.93%
|
$4.1m
-88.41%
|
$1.5m
-63.90%
|
|
| Net income (loss) per common share: (per share) | |||||||||||
| Diluted (in dollars per share) | $0.73 | $0.21 | $0.59 | $0.46 | $0.18 | ($0.50) | $0.96 | $1.04 | $0.12 | $0.03 | |
| Basic (in shares) | $32.8m | $33.0m | $33.1m | $33.2m | $33.0m | $32.7m | $33.0m | $33.0m | $32.7m | $33.2m | |
| Diluted (in shares) | $32.9m | $33.1m | $33.2m | $33.2m | $33.0m | $32.7m | $33.3m | $33.2m | $32.9m | $33.3m | |
| Deemed dividend on redeemed preferred shares | $0 | $1.0m | $0 | — | — | — | — | — | — | — | |
| Deemed dividend on preferred shares called for redemption | $0 | $1.0m | — | — | — | — | — | — | — | — | |
| Depletion, depreciation, and accretion | $5.2m | $5.7m | $6.1m | $6.3m | $5.8m | $5.2m | $8.1m | $14.3m | $20.1m | $22.0m | |
| Income (loss) from operations | $1.7m |
$12.9m
+673.49%
|
$16.2m
+25.87%
|
$17.6m
+8.79%
|
$3.7m
-79.08%
|
($20.7m)
-662.25%
|
$45.4m
+318.77%
|
$45.1m
-0.59%
|
$7.9m
-82.48%
|
$4.2m
-47.19%
|
|
| Impairment of proved property | — | — | — | — | $0 | $24.8m | $0 | — | — | — | |
| Impairment of Well Lift Inc. - related assets | — | — | — | — | $0 | $146k | — | — | — | — | |
| Enduro transaction breakup fee | — | — | $0 | $1.1m | $0 | — | — | — | — | — | |
| Interest (expense) | ($71k) | ($82k) | ($111k) | ($117k) | ($111k) | — | — | — | — | — | |
| Accretion of discount on asset retirement obligations | $49k | $60k | $90k | — | — | — | — | — | — | — | |
| Gain on settled derivative instruments, net | $3.3m | $44k | $0 | — | — | — | — | — | — | — | |
| Delhi field litigation settlement | $28.1m | $0 | $0 | — | — | — | — | — | — | — | |
| Delhi field insurance recovery related to pre-reversion event | $1.1m | $0 | $0 | — | — | — | — | — | — | — | |
| Dividends on preferred stock | $674k | $251k | $0 | — | — | — | — | — | — | — | |
| Production costs | $9.1m | $10.8m | — | — | — | — | — | — | — | — |