Selected Financial Data Sample Clauses

Selected Financial Data. Not applicable.

Selected Financial Data. The following table sets forth selected financial data for the years ended December 31: 1998 1997 1996 1995 1994 ---------- ---------- ---------- ---------- ---------- OPERATING RESULTS: Oil and gas sales.............. $ 583,396 $ 856,926 $1,132,944 $ 932,815 $ 982,923 ========== ========== ========== ========== ========== Impairment of oil and gas properties.................. $ 306,826 $ 531,929 $ -- $ 692,515 $ -- ========== ========== ========== ========== ========== Net income (loss).............. $ (444,718) $ (269,363) $ 488,019 $ (589,248) $ 119,039 ========== ========== ========== ========== ========== Allocation of net income (loss): Managing general partner.... $ (4,447) $ (2,693) $ 4,880 $ (5,893) $ 1,304 ========== ========== ========== ========== ========== Limited partners............ $ (440,271) $ (266,670) $ 483,139 $ (583,355) $ 117,735 ========== ========== ========== ========== ========== Limited partners' net income (loss) per limited partnership interest........ $ (52.94) $ (32.06) $ 58.09 $ (70.14) $ 14.16 ========== ========== ========== ========== ========== Limited partners' cash distributions per limited partnership interest........ $ 28.57 $ 62.59 $ 68.92 $ 56.70 $ 63.80 ========== ========== ========== ========== ========== AT YEAR END: Total assets................... $1,392,439 $2,099,131 $2,890,740 $3,021,200 $4,042,199 ========== ========== ========== ========== ========== ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS RESULTS OF OPERATIONS 1998 compared to 1997 The Partnership's 1998 oil and gas revenues decreased 32% to $583,396 from $856,926 in 1997. The decrease in revenues resulted from lower average prices received. In 1998, 29,084 barrels of oil, 12,847 barrels of natural gas liquids ("NGLs") and 62,751 mcf of gas were sold, or 52,390 barrel of oil equivalents ("BOEs"). In 1997, 30,029 barrels of oil, 6,032 barrels of NGLs and 92,294 mcf of gas were sold, or 51,443 BOEs. Due to the decline characteristics of the Partnership's oil and gas properties, management expects a certain amount of decline in production in the future until the Partnership's economically recoverable reserves are fully depleted. Consistent with the managing general partner, the Partnership has historically accounted for processed natural gas production as wellhead production on a wet gas basis. Effective September 30, 1997, as a result of the merger with Mesa, the managing general partner accounts for ...

Selected Financial Data. The following table sets forth selected financial data for the years ended December 31:

Selected Financial Data. (a) Net worth (inclusive of home, home furnishings and automobiles) Under $750,000- $1,000,000- Over $750,000 $999,999 $1,500,000 $1,500,000

Selected Financial Data. 27 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT OF THE COMPANY......... 28

Selected Financial Data. YEAR ENDED DECEMBER 31, --------------------------------------------------- 2000 1999 1998 1997 1996 ------- -------- -------- -------- -------- (IN THOUSANDS, EXCEPT PER SHARE DATA) CONSOLIDATED STATEMENT OF OPERATIONS DATA: Product sales................................ $15,054 $ 17,090 $ 18,611 $ 23,421 $ 624 License and royalty revenue.................. 5,166 1,000 -- -- -- ------- -------- -------- -------- -------- Total revenue................................ 20,220 18,090 18,611 23,421 624 ------- -------- -------- -------- -------- Cost of product sales........................ 7,989 10,634 16,846 15,395 561 ------- -------- -------- -------- -------- Gross profit................................. 12,231 7,456 1,765 8,026 63 Operating expenses: Research and development................... 4,519 7,039 10,985 18,005 21,059 Selling, general and administrative........ 11,655 18,520 33,151 43,005 11,223 Patent acquisition......................... -- -- -- -- 5,216 Restructuring charges...................... 1,275 2,363 12,158 -- -- ------- -------- -------- -------- -------- Loss from operations......................... (5,218) (20,466) (54,529) (52,984) (37,435) Interest and other, net...................... (2,825) (933) (1,692) 1,653 3,381 ------- -------- -------- -------- -------- Loss before extraordinary item............... (8,043) (21,399) (56,221) (51,331) (34,054) Extraordinary item -- gain on extinguishment of debt.................................... 1,750 -- 15,563 -- -- ------- -------- -------- -------- -------- Net loss..................................... $(6,293) $(21,399) $(40,658) $(51,331) $(34,054) ======= ======== ======== ======== ======== Basic and diluted loss per share before extraordinary item......................... $ (0.32) $ (0.88) $ (2.39) $ (2.29) $ (2.11) ======= ======== ======== ======== ======== Extraordinary item per share................. $ 0.07 $ 0.66 ======= ======== Basic and diluted loss per share............. $ (0.25) $ (0.88) $ (1.73) $ (2.29) $ (2.11) ======= ======== ======== ======== ======== DECEMBER 31, -------------------------------------------------------- 2000 1999 1998 1997 1996 --------- --------- --------- --------- -------- (IN THOUSANDS) CONSOLIDATED BALANCE SHEET DATA: Current assets.......................... $ 21,055 $ 48,683 $ 74,761 $ 124,848 $ 94,226 Working capital......................... 17,445 24,906 46,170 113,923 87,561 Total assets............................ 34,425 60,813 87,537 142,810...

Selected Financial Data. The following table shows selected historical consolidated financial data of MPLX LP and MPLX LP Predecessor, our predecessor for accounting purposes, as of the dates and for the years indicated. MPLX LP Predecessor consisted of a 100 percent interest in all of the assets and operations of MPL and ORPL that MPC contributed to us at the closing of the Initial Offering, as well as minority undivided joint interests in two crude oil pipeline systems (the “Joint Interest Assets”) that were not contributed to us. In connection with the closing of the Initial Offering, MPC transferred the Joint Interest Assets from MPLX LP Predecessor to other MPC subsidiaries and then contributed to us a 51 percent indirect ownership interest in Pipe Line Holdings, which owns MPLX LP Predecessor’s assets and operations (other than the Joint Interest Assets), and a 100 percent indirect ownership in our butane cavern. On May 1, 2013, we acquired a five percent interest in Pipe Line Holdings, resulting in a 56 percent indirect ownership interest at December 31, 2013. We then acquired a 13 percent interest in Pipe Line Holdings on March 1, 2014, and a 30.5 percent interest on December 1, 2014, resulting in a 99.5 percent indirect ownership interest at December 31, 2014. The remaining 0.5 percent interest was purchased on December 4, 2015. On this same date, a wholly-owned subsidiary of MPLX LP merged with MarkWest. See Item 8. Financial Statements and Supplementary Data - Note 4 and Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations for more information on the MarkWest Merger. In addition, we recorded the contributions at historical cost, as they are considered transactions between entities under common control. The information in Items 6, 7 and 8 includes periods prior to the acquisition of HSM by MPLX LP, which occurred on March 31, 2016, all of which are entities under common control. Consequently, the Partnership’s combined consolidated financial statements have been retrospectively recast for all periods presented to include the historical results of HSM. HSM owns and operates boats (i.e., towing vessels), barges and third-party chartered equipment for the transportation of crude oil, feedstocks, refined products and other hydrocarbon-based products to and from refineries and terminals owned by MPC. The selected historical consolidated financial data as of and for the year ended December 31, 2011 were derived from audited combined fin...

Selected Financial Data. ‌ The income statement data presented hereunder for the years 1997 through 1999 was prepared using the accounting principles employed prior to the implementation of SAB 101 which was effective January 1, 2000. YEAR ENDED DECEMBER 31, 1997 1998 1999 2000 2001 (IN THOUSANDS, EXCEPT PER SHARE AND OPERATING DATA) INCOME STATEMENT DATA: Revenue, net: Funeral..................................................... $ 64,888 $ 92,965 $125,264 $ 127,261 $124,284 Cemetery.................................................... 12,533 23,876 43,203 35,345 38,209 Total net revenues.......................................... 77,421 116,841 168,467 162,606 162,493 Gross profit: Funeral..................................................... 16,484 28,036 35,539 26,891 31,471 Cemetery.................................................... 2,899 6,288 10,945 5,285 8,824 Total gross profit.......................................... 19,383 34,324 46,484 32,176 40,295 General and administrative expense.......................... 5,277 7,581 9,265 10,256 8,698 Special and other charges................................... -- -- 2,500 102,250 -- Operating income (loss)..................................... 14,106 26,743 34,719 (80,330) 31,597 Interest expense, net....................................... (5,889) (9,720) (17,358) (20,705) (20,344) Other income................................................ -- -- 2,000 -- -- Income (loss) before income taxes........................... 8,217 17,023 19,361 (101,035) 11,253 Provision (benefit) for income taxes........................ 3,726 7,490 8,474 (8,032) 2,251 Net income (loss) before extraordinary item and cumulative effect of the change in accounting principle.............. 4,491 9,533 10,887 (93,003) 9,002 Extraordinary item, net..................................... (195) -- (200) -- -- Cumulative effect of the change in accounting, net.......... -- -- -- (38,993) --

Selected Financial Data. 14 ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.................................. 15 ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK..... 30 ITEM 8.

Selected Financial Data. The following table shows selected historical consolidated financial data of MPLX LP as of the dates and for the years indicated. On May 1, 2013, we acquired a five percent interest in Pipe Line Holdings, resulting in a 56 percent indirect ownership interest at December 31, 2013. We then acquired a 13 percent interest in Pipe Line Holdings on March 1, 2014, and a 30.5 percent interest on December 1, 2014, resulting in a 99.5 percent indirect ownership interest at December 31, 2014. The remaining 0.5 percent interest was purchased on December 4, 2015. On this same date, a wholly-owned subsidiary of MPLX LP merged with MarkWest. This information includes periods prior to the acquisition of HSM, which occurred on March 31, 2016, and prior to the acquisition of HST, WHC and MPLXT, which occurred on March 1, 2017. The following table also presents the non-GAAP financial measures of Adjusted EBITDA and DCF, which we use in our business. For the definitions of Adjusted EBITDA and DCF and a reconciliation to our most directly comparable financial measures calculated and presented in accordance with GAAP, see Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations – Non-GAAP Financial Information and Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations – Results of Operations. (In millions, except per unit data) 2016 2015 2014 2013 2012 Consolidated Statements of Income Data Total revenues and other income $ 3,029 $ 1,101 $ 793 $ 713 $ 686 Income from operations 683 381 245 213 204 Net income 434 333 239 211 204 Net income attributable to MPLX LP 233 156 121 78 13 Per Unit Data Net income attributable to MPLX LP per limited partner unit (basic and diluted): Common - basic $ — $ 1.23 $ 1.55 $ 1.05 $ 0.18 Common - diluted — 1.22 1.55 1.05 0.18 Subordinated - basic and diluted — 0.11 1.50 1.01 0.17 Cash distributions declared per limited partner common unit $ 2.0500 $ 1.8200 $ 1.4100 $ 1.1675 $ 0.1769 Consolidated Balance Sheets Data (at period end) Property, plant and equipment, net $ 11,408 $ 10,214 $ 1,324 $ 1,248 $ 1,167 Total assets 17,509 16,404 1,544 1,504 1,572 Long-term debt, including capital leases(3) 4,422 5,255 644 10 10 Redeemable preferred units 1,000 — — — — Consolidated Statements of Cash Flows Data Net cash provided by (used in): Operating activities $ 1,491 $ 427 $ 334 $ 297 $ 273 Investing activities (1,413 ) (1,686 ) (137 ) (158 ) 64 Financing activities 113 1,275 (224 ...