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CONSOLIDATED STATEMENT OF INCOME - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CONSOLIDATED STATEMENT OF INCOME      
REVENUE $ 660,838,000 $ 756,625,000 $ 1,049,579,000
Commodity risk management contracts loss     (70,221,000)
Production and operating costs (164,034,000) (232,325,000) (359,779,000)
Geological and geophysical expenses (12,595,000) (11,192,000) (10,529,000)
Administrative expenses (49,534,000) (43,969,000) (50,024,000)
Selling expenses (14,914,000) (13,084,000) (7,995,000)
Depreciation (130,659,000) (120,934,000) (96,692,000)
Write-off of unsuccessful exploration efforts (14,779,000) (29,563,000) (25,789,000)
Impairment loss for non-financial assets 0 (13,332,000) 0
Other (expenses) income [1] (777,000) (21,319,000) 527,000
OPERATING PROFIT 273,546,000 270,907,000 429,077,000
Financial expenses (51,551,000) (45,815,000) (57,073,000)
Financial income 8,016,000 6,237,000 3,180,000
Foreign exchange gain (loss) 12,160,000 (16,820,000) 19,725,000
PROFIT BEFORE INCOME TAX 242,171,000 214,509,000 394,909,000
Income tax expense (145,792,000) (103,441,000) (170,474,000)
PROFIT FOR THE YEAR $ 96,379,000 $ 111,068,000 $ 224,435,000
Earnings per share (in US$). Basic $ 1.84 $ 1.95 $ 3.78
Earnings per share (in US$). Diluted $ 1.81 $ 1.94 $ 3.75
[1] Includes results related to business transactions in Chile and Argentina in 2023. See Notes 35.3 and 35.4.