RAAM GLOBAL ENERGY CO Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1537 BULL LEA ROAD LEXINGTON, KY 40511 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 90,858 | 68,671 | |||
| Cash and cash equivalent | 90,858 | 68,671 | |||
| Receivables | 26,596 | 35,663 | |||
| Prepaid expense | 3,863 | ✕ | |||
| Derivative instruments and hedges, assets | 2,369 | ||||
| Other current assets | 4,596 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | 7,243 | ||
| Income taxes receivable | ✕ | 507 | 1,438 | ||
| Deferred tax assets | 3,938 | 872 | |||
| Other undisclosed current assets | (1,607) | (2,538) | |||
| Total current assets: | 128,751 | 113,718 | |||
| Noncurrent Assets | |||||
| Property, plant and equipment | 294,370 | 680,907 | |||
| Oil and gas, full cost method, property and equipment, after accumulated depletion | 287,118 | 674,136 | |||
| Derivative instruments and hedges | 1,541 | 1,381 | |||
| Other noncurrent assets | 1,950 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | 3,316 | ||
| Deferred tax assets, net | |||||
| Other undisclosed noncurrent assets | (574,236) | (1,348,272) | |||
| Total noncurrent assets: | 10,743 | 11,468 | |||
| Other undisclosed assets | 287,118 | 674,136 | |||
| TOTAL ASSETS: | 426,612 | 799,322 | |||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities, including: | 28,066 | 19,627 | |||
| Taxes payable | 25 | 313 | |||
| Other undisclosed accounts payable and accrued liabilities | 28,041 | 19,314 | |||
| Debt | 2,626 | 1,975 | |||
| Derivative instruments and hedges, liabilities | 4,467 | 1,114 | |||
| Asset retirement obligation | 14,089 | 11,195 | |||
| Deferred tax liabilities | |||||
| Due to related parties | 2,000 | 6,600 | |||
| Other undisclosed current liabilities | 28,389 | 24,635 | |||
| Total current liabilities: | 79,637 | 65,146 | |||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 2,448 | 52,584 | |||
| Long-term debt, excluding current maturities | 2,448 | 52,584 | |||
| Liabilities, other than long-term debt | 43,326 | 175,290 | |||
| Asset retirement obligations | 29,138 | 28,178 | |||
| Deferred tax liabilities, net | 14,178 | 146,021 | |||
| Other liabilities | |||||
| Derivative instruments and hedges, liabilities | 10 | 1,091 | |||
| Other undisclosed noncurrent liabilities | 251,186 | 200,310 | |||
| Total noncurrent liabilities: | 296,960 | 428,184 | |||
| Total liabilities: | 376,597 | 493,330 | |||
| Equity | |||||
| Equity, attributable to parent | 47,528 | 304,723 | |||
| Common stock | 63,521 | 62,478 | |||
| Treasury stock, value | (8,552) | (5,736) | |||
| Accumulated other comprehensive income | 6,689 | ||||
| Retained earnings (accumulated deficit) | (7,441) | 241,292 | |||
| Other undisclosed equity | 2,487 | 1,269 | |||
| Total equity: | 50,015 | 305,992 | |||
| TOTAL LIABILITIES AND EQUITY: | 426,612 | 799,322 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Revenues | 149,533 | 194,178 | ||
| Revenue, net | ||||
| Cost of revenue | (494,117) | (134,713) | ||
| Cost of product and service sold | (38,732) | (38,301) | ||
| Gross profit: | (344,584) | 59,465 | ||
| Operating expenses | (448,887) | (101,024) | ||
| Other undisclosed operating income | 448,887 | 101,024 | ||
| Operating income (loss): | (344,584) | 59,465 | ||
| Nonoperating expense | (29,695) | (20,930) | ||
| Investment income, nonoperating | (5,038) | 20,500 | ||
| Interest and debt expense | (29,569) | (20,407) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (403,848) | 18,128 | ||
| Other undisclosed income from continuing operations before income taxes | 29,569 | 20,407 | ||
| Income (loss) from continuing operations before income taxes: | (374,279) | 38,535 | ||
| Income tax expense (benefit) | 134,080 | (14,237) | ||
| Income (loss) from continuing operations: | (240,199) | 24,298 | ||
| Income (loss) before gain (loss) on sale of properties: | (240,199) | 24,298 | ||
| Net income (loss): | (240,199) | 24,298 | ||
| Net loss attributable to noncontrolling interest | (1,218) | (1,314) | ||
| Net income (loss) available to common stockholders, diluted: | (241,417) | 22,984 | ||
Comprehensive Income ($ in thousands)
| 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Net income (loss): | (240,199) | 24,298 | ||
| Other comprehensive loss | (1,239) | |||
| Comprehensive income (loss): | (240,199) | 23,059 | ||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 1,218 | 1,314 | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (2,628) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | (238,981) | 21,745 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.