CNX RESOURCES CORP filed this 10-K on 2/10/2020
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CNX RESOURCES CORP - 10-K - 20200210 - FINANCIAL_DATA
ITEM 6.
Selected Financial Data

The following table presents our selected consolidated financial and operating data for, and as of the end of, each of the periods indicated. The selected consolidated financial data for, and as of the end of, each of the years ended December 31, 2019, 2018, 2017, 2016 and 2015 are derived from our audited Consolidated Financial Statements. Certain reclassifications of prior year data have been made to conform to the year ended December 31, 2019 presentation. The selected consolidated financial and operating data are not necessarily indicative of the results that may be expected for any future period. The selected consolidated financial and operating data should be read in conjunction with Part II. Item 7. “Management's Discussion and Analysis of Financial Condition and Results of Operations” and the financial statements and related notes included in this Annual Report.
(Dollars in thousands, except per share data)
 
For the Years Ended December 31,
 
 
2019
 
2018
 
2017
 
2016
 
2015
Revenue and Other Operating Income from Continuing Operations
 
$
1,922,449

 
$
1,730,434

 
$
1,455,131

 
$
759,968

 
$
1,198,737

Income (Loss) from Continuing Operations
 
$
31,948

 
$
883,111

 
$
295,039

 
$
(550,945
)
 
$
(650,198
)
Net (Loss) Income Attributable to CNX Resources Shareholders
 
$
(80,730
)
 
$
796,533

 
$
380,747

 
$
(848,102
)
 
$
(374,885
)
Earnings per share:
 
 
 
 
 
 
 
 
 
 
Basic:
 
 
 
 
 
 
 
 
 
 
(Loss) Income from Continuing Operations
 
$
(0.42
)
 
$
3.75

 
$
1.29

 
$
(2.40
)
 
$
(2.84
)
Income (Loss) from Discontinued Operations
 
—

 
—

 
0.37

 
(1.30
)
 
1.20

Net (Loss) Income
 
$
(0.42
)
 
$
3.75

 
$
1.66

 
$
(3.70
)
 
$
(1.64
)
Diluted:
 
 
 
 
 
 
 
 
 
 
(Loss) Income from Continuing Operations
 
$
(0.42
)
 
$
3.71

 
$
1.28

 
$
(2.40
)
 
$
(2.84
)
Income (Loss) from Discontinued Operations
 
—

 
—

 
0.37

 
(1.30
)
 
1.20

Net (Loss) Income
 
$
(0.42
)
 
$
3.71

 
$
1.65

 
$
(3.70
)
 
$
(1.64
)
 
 
 
 
 
 
 
 
 
 
 
Assets from Continuing Operations
 
$
9,060,806

 
$
8,592,170

 
$
6,931,913

 
$
6,682,770

 
$
7,302,119

Assets from Discontinued Operations
 
—

 
—

 
—

 
2,496,921

 
3,627,783

Total Assets
 
$
9,060,806

 
$
8,592,170

 
$
6,931,913

 
$
9,179,691

 
$
10,929,902

 
 
 
 
 
 
 
 
 
 
 
Long-Term Debt from Continuing Operations (including current portion)
 
$
2,769,313

 
$
2,398,501

 
$
2,214,484

 
$
2,456,354

 
$
2,460,633

Long-Term Debt from Discontinued Operations (including current portion)
 
—

 
—

 
—

 
317,715

 
294,222

Total Long-Term Debt (including current portion)
 
$
2,769,313

 
$
2,398,501

 
$
2,214,484

 
$
2,774,069

 
$
2,754,855

Cash Dividends Declared Per Share of Common Stock
 
$
—

 
$
—

 
$
—

 
$
0.010

 
$
0.145

See Part 1. Item 1A. “Risk Factors” and Part II. Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” for a discussion of an adjustment to operating income for all periods and other matters that affect the comparability of the selected financial data as well as uncertainties that might affect the Company’s future financial condition.

OTHER OPERATING DATA
(unaudited)
 
 
Years Ended December 31,
 
 
2019
 
2018
 
2017
 
2016
 
2015
Gas:
 
 
 
 
 
 
 
 
 
 
Net Sales Volumes Produced (in Bcfe)
 
539.1

 
507.1

 
407.2

 
394.4

 
328.7

Average Sales Price ($ per Mcfe) (A)
 
$
2.66

 
$
2.97

 
$
2.66

 
$
2.63

 
$
2.81

Average Cost ($ per Mcfe)
 
$
2.00

 
$
1.98

 
$
2.23

 
$
2.32

 
$
2.62

Proved Reserves (in Bcfe) (B)
 
8,426

 
7,881

 
7,582

 
6,252

 
5,643

____________
(A)
Represents average net sales price including the effect of derivative transactions.
(B)
Represents proved developed and undeveloped gas reserves at period end.


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