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Sunday, November 29, 2009, 2:49AM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
Parallel Petroleum Corp. (PLLL)On Nov 25: 3.14   0.00 (0.00%)  
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HereIncome Statement

Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
PERIOD ENDING31-Dec-0831-Dec-0731-Dec-06
Total Revenue182,515  116,031  97,025  
Cost of Revenue35,631  26,536  22,396  
Gross Profit146,884  89,495  74,629  
Operating Expenses
Research Development -   -   -  
Selling General and Administrative11,907  10,415  9,523  
Non Recurring300,532   -   -  
Others44,691  30,115  24,687  
Total Operating Expenses -   -   -  
Operating Income or Loss(210,246)48,965  40,419  
Income from Continuing Operations
Total Other Income/Expenses Net31,998  (37,457)3,397  
Earnings Before Interest And Taxes(177,868)11,197  52,409  
Interest Expense23,750  19,177  12,360  
Income Before Tax(201,618)(7,980)40,049  
Income Tax Expense(69,724)(3,319)13,894  
Minority Interest -   -   -  
Net Income From Continuing Ops(131,894)(4,661)26,155  
Non-recurring Events
Discontinued Operations -   -   -  
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income(131,894)(4,661)26,155  
Preferred Stock And Other Adjustments -   -   -  
Net Income Applicable To Common Shares($131,894)($4,661)$26,155  

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