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CONSOLIDATED STATEMENT OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
CONSOLIDATED STATEMENT OF INCOME      
REVENUE $ 756,625,000 $ 1,049,579,000 $ 688,543,000
Commodity risk management contracts loss   (70,221,000) (109,191,000)
Production and operating costs (232,325,000) (359,779,000) (212,790,000)
Geological and geophysical expenses (11,192,000) (10,529,000) (7,891,000)
Administrative expenses (43,969,000) (50,024,000) (46,828,000)
Selling expenses (13,084,000) (7,995,000) (8,730,000)
Depreciation (120,934,000) (96,692,000) (88,969,000)
Write-off of unsuccessful exploration efforts (29,563,000) (25,789,000) (12,262,000)
Impairment loss for non-financial assets, net (13,332,000) 0 (4,334,000)
Other (expenses) income [1] (21,319,000) 527,000 (11,739,000)
OPERATING PROFIT 270,907,000 429,077,000 185,809,000
Financial expenses (45,815,000) (57,073,000) (64,112,000)
Financial income 6,237,000 3,180,000 1,652,000
Foreign exchange (loss) gain (16,820,000) 19,725,000 5,049,000
PROFIT BEFORE INCOME TAX 214,509,000 394,909,000 128,398,000
Income tax expense (103,441,000) (170,474,000) (67,271,000)
PROFIT FOR THE YEAR $ 111,068,000 $ 224,435,000 $ 61,127,000
Earnings per share (in US$). Basic $ 1.95 $ 3.78 $ 1.00
Earnings per share (in US$). Diluted $ 1.94 $ 3.75 $ 0.99
[1] Includes results related to business transactions in Chile and Argentina. See Note 36.