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For the six months ended 30 June 2021, Oil SearchLtd revenues increased 7% to $667.7M. Net income totaled$139M vs. loss of $266.2M. Revenues reflect an increase indemand for the Company's products and services due tofavorable market conditions. Net Income reflects Impairmentexpense decrease from $374.2M (expense) to $0K, Explorationcosts expensed decrease of 90% to $9.8M (expense). Dividendper share totaled to $0.03.
Period Ending: | Jun 30, 2021 | Dec 31, 2020 | Jun 30, 2020 | Dec 31, 2019 |
---|---|---|---|---|
Total Revenue | 667.69 | 448.56 | 625.59 | 807.87 |
Gross Profit | 315.56 | 80.77 | 263.98 | 373.29 |
Operating Income | 276.97 | 48.71 | -229.04 | 331.94 |
Net Income | 138.98 | -54.48 | -266.18 | 150.49 |
Period Ending: | Jun 30, 2021 | Dec 31, 2020 | Jun 30, 2020 | Dec 31, 2019 |
---|---|---|---|---|
Total Assets | 11054.89 | 11388.26 | 11915.38 | 11572.85 |
Total Liabilities | 5371.21 | 5817.97 | 6292.04 | 6314.44 |
Total Equity | 5683.68 | 5570.3 | 5623.33 | 5258.41 |
Period Ending: | Jun 30, 2021 | Dec 31, 2020 | Jun 30, 2020 | Dec 31, 2019 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | 353.87 | 406.07 | 318.96 | 752.35 |
Cash From Investing Activities | -69.53 | -393.24 | -277.08 | -813.31 |
Cash From Financing Activities | -321.58 | 131.78 | 393.33 | -143.37 |
Net Change in Cash | -37.24 | 144.61 | 435.21 | -204.32 |
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