Cardinal Energy Group Inc (CEGX) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
TWO GALLERIA TOWER, 13455 NOEL ROAD, DALLAS,, TX 75240 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1382 - Oil and Gas Field Exploration Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)Annual | Quarterly
| 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 23 | 19 | 57 | 55 | 125 | 294 | |||
| Cash and cash equivalent | 5 | 1 | 10 | 24 | 62 | 232 | |||
| Short-term investments | 18 | 18 | 46 | 31 | 63 | 62 | |||
| Receivables | 181 | 190 | 306 | 310 | 296 | ||||
| Prepaid expense | 21 | 113 | 204 | ||||||
| Other current assets | 1 | 1 | 0 | 41 | 33 | ||||
| Other undisclosed current assets | 0 | (126) | |||||||
| Total current assets: | 24 | 200 | 247 | 256 | 589 | 827 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 62 | 69 | 94 | 244 | 293 | 307 | |||
| Long-term investments and receivables | 30 | 30 | 30 | ||||||
| Accounts and financing receivable, after allowance for credit loss | 30 | 30 | 30 | ||||||
| Other undisclosed noncurrent assets | 545 | 361 | 364 | 372 | 3,074 | 3,418 | |||
| Total noncurrent assets: | 637 | 459 | 487 | 616 | 3,367 | 3,726 | |||
| TOTAL ASSETS: | 661 | 660 | 734 | 872 | 3,956 | 4,552 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 1,472 | 1,299 | 1,041 | 908 | 573 | 455 | |||
| Other undisclosed accounts payable and accrued liabilities | 1,472 | 1,299 | 1,041 | 908 | 573 | 455 | |||
| Debt | 4,500 | 4,500 | 4,500 | 4,500 | 4,422 | 4,345 | |||
| Derivative instruments and hedges, liabilities | 8,757 | 6,039 | 9,214 | 2,356 | 3,343 | 1,251 | |||
| Asset retirement obligation | 93 | 90 | |||||||
| Deferred revenue and credits | 130 | ||||||||
| Due to related parties | 44 | 44 | |||||||
| Other undisclosed current liabilities | 1,755 | 1,634 | 1,381 | 1,195 | 382 | 921 | |||
| Total current liabilities: | 16,484 | 13,472 | 16,136 | 8,959 | 8,987 | 7,107 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 99 | 88 | 71 | 141 | |||||
| Long-term debt, excluding current maturities | 99 | 88 | 71 | 141 | |||||
| Liabilities, other than long-term debt | 101 | 100 | 97 | 96 | 4,593 | 518 | |||
| Asset retirement obligations | 101 | 100 | 97 | 96 | 93 | 90 | |||
| Derivative instruments and hedges, liabilities | 4,500 | 428 | |||||||
| Other undisclosed noncurrent liabilities | 35 | 35 | 39 | 43 | (4,434) | (358) | |||
| Total noncurrent liabilities: | 136 | 135 | 235 | 226 | 230 | 300 | |||
| Total liabilities: | 16,620 | 13,607 | 16,371 | 9,185 | 9,217 | 7,407 | |||
| Equity | |||||||||
| Equity, attributable to parent | (15,959) | (12,947) | (15,637) | (8,313) | (5,261) | (2,855) | |||
| Preferred stock | 0 | 0 | 0 | 0 | |||||
| Common stock | 1 | 1 | 1 | 1 | 1 | 0 | |||
| Treasury stock, value | (2,013) | (2,013) | (2,013) | (2,013) | (2,013) | (2,013) | |||
| Common stock, share subscribed but unissued, subscriptions receivable | (4) | (4) | |||||||
| Additional paid in capital | 9,940 | 9,865 | 9,865 | 9,842 | 8,860 | 8,394 | |||
| Accumulated other comprehensive loss | (2,187) | (2,187) | (2,171) | (2,187) | (2,156) | (2,156) | |||
| Accumulated deficit | (21,699) | (18,613) | (21,318) | (13,955) | (9,949) | (7,076) | |||
| Total equity: | (15,959) | (12,947) | (15,637) | (8,313) | (5,261) | (2,855) | |||
| TOTAL LIABILITIES AND EQUITY: | 661 | 660 | 734 | 872 | 3,956 | 4,552 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 14 | 18 | 20 | 196 | 23 | 660 | ||
| Revenue, net | 5 | 1 | 9 | 16 | ||||
| Cost of revenue (Cost of Product and Service Sold) | (5) | (6) | (9) | (4) | (13) | (19) | ||
| Gross profit: | 9 | 13 | 11 | 191 | 10 | 641 | ||
| Operating expenses | (128) | (191) | (135) | (3,253) | (367) | (565) | ||
| Other undisclosed operating income | 5 | 6 | 9 | 4 | 13 | 19 | ||
| Operating income (loss): | (114) | (172) | (115) | (3,057) | (345) | 96 | ||
| Nonoperating income (expense) | (2,973) | 2,877 | (7,247) | (963) | (2,527) | (366) | ||
| Other nonoperating income (expense) | (2,973) | 2,877 | (7,247) | (950) | (2,527) | (366) | ||
| Interest and debt expense | (235) | (240) | (8) | 2,132 | (2,944) | (765) | ||
| Income (loss) from continuing operations: | (3,321) | 2,465 | (7,370) | (1,887) | (5,817) | (1,036) | ||
| Income (loss) before gain (loss) on sale of properties: | (3,321) | 2,465 | (7,370) | (1,887) | (5,817) | (1,036) | ||
| Net income (loss): | (3,321) | 2,465 | (7,370) | (1,887) | (5,817) | (1,036) | ||
| Other undisclosed net income (loss) attributable to parent | 235 | 240 | 8 | (2,119) | 2,944 | 765 | ||
| Net income (loss) available to common stockholders, diluted: | (3,087) | 2,705 | (7,363) | (4,007) | (2,872) | (271) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2016 Q4 | 9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (3,321) | 2,465 | (7,370) | (1,887) | (5,817) | (1,036) | ||
| Comprehensive income (loss): | (3,321) | 2,465 | (7,370) | (1,887) | (5,817) | (1,036) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 235 | 225 | 23 | (2,150) | 2,944 | 719 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (3,087) | 2,690 | (7,347) | (4,037) | (2,872) | (317) | ||
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.