Investor Presentaiton slide image

Investor Presentaiton

Reconciliation of Adjusted EBITDAX to Net Income (Loss) Adjusted EBITDAX Reconciliation ($ thousands) 1 ($ in thousands, unless specified) Net income (loss) attributable to Class A Common Stock FY 2021 Q1 FY 2022 Q2 Q3 $138,175 $15,802 $191,826 $224,359 Net income (loss) attributable to noncontrolling interest 119,145 Interest expense Income tax expense (benefit) 61,288 13,154 14,326 28,807 569 6,776 41,487 31,169 Depreciation, depletion and amortization 289,122 71,009 82,117 109,500 Impairment and abandonment expense 32,511 2,627 506 498 (Gain) loss on extinguishment of debt 22,156 Non-cash derivative (gain) loss 16,700 86,645 (39,514) (213,503) Stock-based compensation expense² 56,320 18,834 (2,487) 18,896 Exploration and other expenses 7,883 2,307 1,954 2,352 Merger and integration expense 5,685 59,270 (Gain) loss on sale of long-lived assets (34,168) (82) 1,406 3 Proceeds from terminated sale of assets Adjusted EBITDAX (5,983) $584,573 $217,072 $297,306 $380,496 Note: Q3'22 results represent legacy Centennial for the months of July and August and include amounts related to legacy Centennial and legacy Colgate for the month of September (1) Adjusted EBITDAX is a non-GAAP financial measure (2) Includes stock-based compensation for equity awards and also for cash-based liability awards that have not yet been settled in cash, both of which relate to general and administrative employees only. Stock-based compensation amounts for geographical and geophysical personnel are included within the Exploration and other expenses line item PR 18
View entire presentation