Date: Sun, 16 Nov 1997 18:06:27 GMT Server: NeoWebScript/2.2 Apache/1.2.1 Connection: close Content-Type: text/html
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Year Ended December 31, |
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1995 |
1994 |
1993 |
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(in thousands, except per share information) | |||
Financial Summary | |||
Revenues | $ 94,598 | $ 69,728 | $ 60,178 |
Income before income taxes | $ 25,006 | $ 22,548 | $ 21,781 |
Income tax provision | $ 8,742 | $ 8,108 | $ 7,753 |
Net income | $ 16,264 | $ 14,440 | $ 14,028 |
Earnings per common share | $ 0.90 | $ 0.80 | $ 0.98 |
Weighted average number of common shares | 18,097 | 17,955 | 14,347 |
Cash Flow | |||
Cash flow from operations before changes in assets and liabilities | $ 75,613 | $ 57,535 | $ 48,024 |
Balance Sheet | |||
Working capital | $ 11,235 | $ 10,987 | $ 70,268 |
Long-term debt and capital lease obligations | $ 25,152 | $ 555 | $ 446 |
Stockholder's equity | $193,571 | $169,491 | $152,845 |
Operating Summary | |||
Estimated Oil and Gas Reserves | |||
Net proved reserves: | |||
Oil (MBbls) | 9,633 | 8,610 | 6,414 |
Natural gas (MMcf) | 203,580 | 153,967 | 102,261 |
Gas equivalents (MMcfe) | 261,378 | 205,627 | 140,745 |
Oil and Gas Operations | |||
Production: | |||
Oil (MBbls) | 2,071 | 1,394 | 901 |
Natural gas (MMcf) | 33,719 | 24,267 | 22,540 |
Gas equivalents (MMcfe) | 46,145 | 32,631 | 27,946 |
Average realized prices: | |||
Oil (per Bbl) | $ 17.23 | $ 15.73 | $ 16.92 |
Natural gas (per Mcf) | $ 1.75 | $ 1.97 | $ 1.99 |