Isramco, Inc. Financial Statements (2025 and earlier)
Company Profile
Business Address |
2425 WEST LOOP SOUTH HOUSTON, TX 77027 |
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)Annual | Quarterly
6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 9,033 | 13,857 | 10,591 | 6,984 | 11,886 | 30,009 | |||
Cash and cash equivalents | 9,033 | 13,857 | 10,591 | 6,984 | 11,886 | 30,009 | |||
Restricted cash and investments | 831 | 830 | 704 | 703 | 703 | 802 | |||
Receivables | 20,314 | 18,920 | 20,531 | 19,237 | 14,037 | 12,549 | |||
Inventory, net of allowances, customer advances and progress billings | 559 | 563 | 502 | 421 | 419 | 475 | |||
Inventory | 559 | 563 | 502 | 421 | 419 | 475 | |||
Derivative instruments and hedges, assets | 257 | 293 | 260 | 178 | |||||
Other undisclosed current assets | 1,897 | 2,956 | 1,574 | 1,528 | 2,115 | 2,711 | |||
Total current assets: | 32,891 | 37,419 | 34,162 | 29,051 | 29,160 | 46,546 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 54,369 | 54,242 | 56,275 | 54,456 | 53,941 | 52,129 | |||
Derivative instruments and hedges | 53 | 388 | 1,102 | 1,019 | |||||
Restricted cash and investments | 23,366 | 19,304 | 23,045 | 25,448 | 26,519 | 9,674 | |||
Other noncurrent assets | 187 | ||||||||
Other undisclosed noncurrent assets | 261 | 261 | 261 | 261 | 1,098 | 261 | |||
Total noncurrent assets: | 78,049 | 74,195 | 80,683 | 81,184 | 81,558 | 62,251 | |||
TOTAL ASSETS: | 110,940 | 111,614 | 114,845 | 110,235 | 110,718 | 108,797 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities, including: | 14,794 | 14,879 | 13,523 | 13,329 | |||||
Interest and dividends payable | 1,012 | 1,096 | 1,146 | 1,079 | |||||
Other undisclosed accounts payable and accrued liabilities | 13,782 | 13,783 | 12,377 | 12,250 | |||||
Debt | 3,600 | 98 | 336 | ||||||
Derivative instruments and hedges, liabilities | 47 | ||||||||
Due to related parties | 4,502 | 50 | 50 | 50 | |||||
Other undisclosed current liabilities | 22,249 | 37,008 | 25,333 | 22,649 | 22,718 | 33,240 | |||
Total current liabilities: | 41,545 | 40,608 | 40,262 | 36,320 | 36,144 | 33,576 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 50,951 | 61,426 | 66,651 | 71,866 | |||||
Long-term debt, excluding current maturities | 50,951 | 61,426 | 66,651 | 71,866 | |||||
Liabilities, other than long-term debt, including: | 22,179 | 118,973 | 22,045 | 22,045 | 21,872 | 132,615 | |||
Asset retirement obligations | 22,179 | 22,172 | 22,045 | 22,045 | 21,872 | 21,670 | |||
Derivative instruments and hedges, liabilities | |||||||||
Other undisclosed liabilities, other than long-term debt | 96,801 | 110,945 | |||||||
Other undisclosed noncurrent liabilities | (40,608) | (33,576) | |||||||
Total noncurrent liabilities: | 73,130 | 78,365 | 83,471 | 88,696 | 93,738 | 99,039 | |||
Total liabilities: | 114,675 | 118,973 | 123,733 | 125,016 | 129,882 | 132,615 | |||
Equity | |||||||||
Equity, attributable to parent | 4,711 | 680 | (1,333) | (7,511) | (12,219) | (17,254) | |||
Common stock | 27 | 27 | 27 | 27 | 27 | 27 | |||
Treasury stock, value | (164) | (164) | (164) | (164) | (164) | (164) | |||
Additional paid in capital | 23,853 | 23,853 | 23,853 | 23,853 | 23,853 | 23,853 | |||
Accumulated deficit | (19,005) | (23,036) | (25,049) | (31,227) | (35,935) | (40,970) | |||
Equity, attributable to noncontrolling interest | (8,446) | (8,039) | (7,555) | (7,270) | (6,945) | (6,564) | |||
Total equity: | (3,735) | (7,359) | (8,888) | (14,781) | (19,164) | (23,818) | |||
TOTAL LIABILITIES AND EQUITY: | 110,940 | 111,614 | 114,845 | 110,235 | 110,718 | 108,797 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 21,016 | 21,008 | 22,846 | 19,992 | 17,493 | 16,194 | ||
Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | (33,438) | |
Cost of revenue (Cost of Goods and Services Sold) | (2,365) | |||||||
Other undisclosed gross profit | (9,381) | |||||||
Gross profit: | 21,016 | 11,627 | 22,846 | 19,992 | 17,493 | 13,829 | ||
Operating expenses | (14,004) | (15,855) | (13,980) | (12,762) | (10,829) | (12,150) | ||
Other undisclosed operating income | 9,381 | 2,365 | ||||||
Operating income: | 7,012 | 5,153 | 8,866 | 7,230 | 6,664 | 4,044 | ||
Nonoperating expense | (1,515) | (1,854) | (1,032) | (1,061) | (352) | (460) | ||
Interest and debt expense | (1,184) | (1,224) | (1,218) | (1,333) | (1,217) | (1,173) | ||
Other undisclosed income from continuing operations before equity method investments, income taxes | 1,184 | 1,224 | 1,218 | 1,333 | 1,217 | 1,173 | ||
Income from continuing operations before income taxes: | 5,497 | 3,299 | 7,834 | 6,169 | 6,312 | 3,584 | ||
Income tax expense | (1,863) | (1,753) | (1,941) | (1,786) | (1,658) | (39,563) | ||
Income (loss) from continuing operations: | 3,634 | 1,546 | 5,893 | 4,383 | 4,654 | (35,979) | ||
Income (loss) before gain (loss) on sale of properties: | 3,634 | 1,546 | 5,893 | 4,383 | 4,654 | (35,979) | ||
Net income (loss): | 3,634 | 1,546 | 5,893 | 4,383 | 4,654 | (35,979) | ||
Net income attributable to noncontrolling interest | 397 | 467 | 285 | 325 | 381 | 389 | ||
Net income (loss) available to common stockholders, diluted: | 4,031 | 2,013 | 6,178 | 4,708 | 5,035 | (35,590) |
Comprehensive Income ($ in thousands)Annual | Quarterly
6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | 3,634 | 1,546 | 5,893 | 4,383 | 4,654 | (35,979) | ||
Comprehensive income (loss): | 3,634 | 1,546 | 5,893 | 4,383 | 4,654 | (35,979) | ||
Comprehensive income, net of tax, attributable to noncontrolling interest | 397 | 467 | 285 | 325 | 381 | 389 | ||
Comprehensive income (loss), net of tax, attributable to parent: | 4,031 | 2,013 | 6,178 | 4,708 | 5,035 | (35,590) |
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.