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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues        
Total revenue $ 432,372 $ 622,929 $ 643,428 $ 1,214,602
Operating expenses        
Cost of revenue and vessel operating expenses (exclusive of items below) 48,664 58,673 107,456 108,736
Direct cost of gas sales 277,693 485,023 332,878 948,375
Depreciation and amortization 30,772 24,296 55,965 48,039
Selling, general and administrative expenses 21,563 13,064 43,880 25,698
Restructuring, transition and transaction expenses 0 2,582 0 5,335
Total operating expenses 378,692 583,638 540,179 1,136,183
Operating Income 53,680 39,291 103,249 78,419
Other income (expense)        
Interest expense (13,479) (7,800) (25,434) (14,854)
Interest expense - related party (3,593) (5,493) (7,185) (17,666)
Earnings from equity method investment 392 732 808 1,510
Early extinguishment of lease liability on vessel acquisition 0 (21,834) 0 (21,834)
Other income (expense), net 2,268 (1,086) 6,172 (5,202)
Income before income taxes 39,268 3,810 77,610 20,373
Provision for income taxes (9,712) (7,800) (17,315) (11,519)
Net income (loss) 29,556 (3,990) 60,295 8,854
Less net income (loss) attributable to non-controlling interest 23,588 (831) 47,483 (1,647)
Net income (loss) attributable to shareholders $ 5,968 $ (2,031) $ 12,812 $ (2,031)
Net income (loss) per common share - basic $ 0.23 $ (0.08) $ 0.49 $ (0.08)
Net income (loss) per common share - diluted $ 0.23 $ (0.08) $ 0.49 $ (0.08)
Weighted average shares outstanding - basic 26,254,167 26,254,167 26,254,167 26,254,167
Weighted average shares outstanding - diluted 26,266,312 26,254,167 26,272,890 26,254,167
ENE Onshore        
Other income (expense)        
Less net income (loss) attributable to non-controlling interest   $ (181)   $ (418)
EELP        
Other income (expense)        
Less pre-IPO net income (loss) attributable to EELP $ 0 (947) $ 0 12,950
FSRU and terminal services        
Revenues        
Total revenue 125,462 110,072 244,039 207,664
Gas Sales        
Revenues        
Total revenue $ 306,910 $ 512,857 $ 399,389 $ 1,006,938