Carrizo Oil & Gas, Inc. (CRZO) Financial Statements (2024 and earlier)
Company Profile
Business Address |
500 DALLAS STREET HOUSTON, TX 77002 |
State of Incorp. | TX |
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)
9/30/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 2,282 | 9,540 | 4,194 | 42,918 | 10,838 | 157,439 | |||
Cash and cash equivalents | 2,282 | 9,540 | 4,194 | 42,918 | 10,838 | 157,439 | |||
Receivables | 99,723 | 107,441 | 64,208 | 54,721 | 94,846 | 6,600 | |||
Derivative instruments and hedges, assets | 39,904 | 1,237 | 131,100 | 171,101 | |||||
Other current assets | 8,460 | 5,897 | 3,349 | 3,443 | 3,736 | ||||
Other undisclosed current assets | (1,900) | 115,722 | |||||||
Total current assets: | 150,369 | 122,878 | 72,988 | 232,182 | 278,621 | 279,761 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 3,018,524 | 2,635,810 | 1,545,760 | 1,716,861 | 2,629,253 | 1,794,215 | |||
Derivative instruments and hedges | 1,115 | 43,684 | 9,284 | ||||||
Deferred costs | 24,873 | 25,403 | 22,899 | ||||||
Other noncurrent assets | 16,207 | 19,616 | 7,579 | 5,116 | 4,515 | 4,601 | |||
Deferred tax assets, net | ✕ | 46,758 | |||||||
Total noncurrent assets: | 3,034,731 | 2,655,426 | 1,553,339 | 1,794,723 | 2,702,855 | 1,830,999 | |||
TOTAL ASSETS: | 3,185,100 | 2,778,304 | 1,626,327 | 2,026,905 | 2,981,476 | 2,110,760 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 166,191 | 155,074 | 115,754 | 163,854 | 194,922 | 54,371 | |||
Interest and dividends payable | 18,377 | 28,362 | 22,016 | 21,981 | 21,149 | ||||
Accounts payable | 98,811 | 74,558 | 55,631 | 74,065 | 106,819 | 54,371 | |||
Accrued liabilities | 49,003 | 52,154 | 38,107 | 67,808 | 66,954 | ||||
Derivative instruments and hedges, liabilities | 55,205 | 57,121 | 22,601 | 9,947 | |||||
Asset retirement obligation | 342 | 295 | 392 | 328 | 325 | 780 | |||
Disposal group, including discontinued operation | 2,666 | 4,405 | 10,936 | ||||||
Deferred tax liabilities | ✕ | 46,758 | 61,258 | ||||||
Due to related parties | 2,775 | ||||||||
Other liabilities | 40,609 | 22,952 | 24,633 | 32,981 | 48,756 | ||||
Other undisclosed current liabilities | 59,662 | 137,380 | 48,579 | 38,897 | 114,638 | 244,026 | |||
Total current liabilities: | 322,009 | 372,822 | 211,959 | 285,484 | 424,304 | 322,835 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 1,633,591 | 1,629,209 | 1,325,418 | 1,255,676 | 1,351,346 | 900,247 | |||
Long-term debt, excluding current maturities | 1,633,591 | 1,629,209 | 1,325,418 | 1,255,676 | 1,351,346 | 900,247 | |||
Liabilities, other than long-term debt | 66,157 | 276,739 | 65,492 | 41,691 | 102,385 | 46,074 | |||
Asset retirement obligations | 18,360 | 23,497 | 20,848 | 16,183 | 12,187 | 6,576 | |||
Deferred tax liabilities, net | ✕ | 3,635 | 77,349 | 16,856 | |||||
Disposal group, including discontinued operation, liabilities | 1,088 | 8,394 | 17,336 | ||||||
Other liabilities | 6,980 | 51,650 | 17,116 | 11,772 | 4,455 | 5,306 | |||
Business combination, contingent consideration, liability | 85,625 | ✕ | |||||||
Derivative instruments and hedges, liabilities | 40,817 | 112,332 | 27,528 | 12,648 | |||||
Other undisclosed noncurrent liabilities | 8,017 | (85,625) | (17,336) | ||||||
Total noncurrent liabilities: | 1,707,765 | 1,820,323 | 1,390,910 | 1,297,367 | 1,453,731 | 928,985 | |||
Total liabilities: | 2,029,774 | 2,193,145 | 1,602,869 | 1,582,851 | 1,878,035 | 1,251,820 | |||
Equity | |||||||||
Equity, attributable to parent | 980,904 | 370,897 | 23,458 | 444,054 | 1,103,441 | 841,604 | |||
Common stock | 916 | 815 | 651 | 583 | 461 | 455 | |||
Additional paid in capital | 2,131,535 | 1,926,056 | 1,665,891 | 1,411,081 | 915,436 | 879,948 | |||
Retained earnings (accumulated deficit) | (1,151,547) | (1,555,974) | (1,643,084) | (967,610) | 187,544 | (38,799) | |||
Other undisclosed equity | 174,422 | 214,262 | |||||||
Total equity: | 1,155,326 | 585,159 | 23,458 | 444,054 | 1,103,441 | 841,604 | |||
Other undisclosed liabilities and equity | 17,336 | ||||||||
TOTAL LIABILITIES AND EQUITY: | 3,185,100 | 2,778,304 | 1,626,327 | 2,026,905 | 2,981,476 | 2,110,760 |
Income Statement (P&L) ($ in thousands)
9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
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Revenues | 1,065,942 | 745,888 | 443,594 | 429,203 | 1,395,324 | 520,182 | ||
Revenue, net | ✕ | ✕ | 745,888 | 443,594 | 429,203 | 1,395,324 | 520,182 | |
Cost of revenue (Cost of Goods and Services Sold) | (139,854) | (98,717) | (90,052) | (74,157) | (46,828) | |||
Gross profit: | 1,065,942 | 606,034 | 344,877 | 339,151 | 1,321,167 | 473,354 | ||
Operating expenses | (68,617) | (66,229) | (651,512) | (1,291,591) | (77,739) | (535,369) | ||
Other undisclosed operating income | 169,697 | |||||||
Operating income (loss): | 997,325 | 539,805 | (306,635) | (952,440) | 1,243,428 | 107,682 | ||
Nonoperating income (expense) | 6,413 | (61,260) | (50,869) | 87,985 | 199,757 | (18,232) | ||
Investment income, nonoperating | 6,709 | (59,103) | (49,073) | 99,261 | 201,907 | (18,417) | ||
Interest and debt expense | (9,586) | (4,170) | (38,137) | (84,578) | ||||
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (584,552) | (383,235) | (317,970) | (396,168) | (1,092,975) | 29,889 | ||
Income (loss) from continuing operations before income taxes: | 409,600 | 91,140 | (675,474) | (1,298,760) | 350,210 | 34,761 | ||
Income tax expense (benefit) | (5,173) | (4,030) | 140,875 | (127,927) | (12,903) | |||
Income (loss) from continuing operations: | 404,427 | 87,110 | (675,474) | (1,157,885) | 222,283 | 21,858 | ||
Income (loss) before gain (loss) on sale of properties: | 404,427 | 87,110 | (675,474) | (1,155,154) | 226,343 | 43,683 | ||
Income from discontinued operations | 2,731 | 4,060 | 21,825 | |||||
Net income (loss) attributable to parent: | 404,427 | 87,110 | (675,474) | (1,155,154) | 226,343 | 43,683 | ||
Preferred stock dividends and other adjustments | (18,161) | (7,781) | ||||||
Other undisclosed net loss available to common stockholders, basic | (10,190) | (862) | ||||||
Net income (loss) available to common stockholders, diluted: | 376,076 | 78,467 | (675,474) | (1,155,154) | 226,343 | 43,683 |
Comprehensive Income ($ in thousands)
9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
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Net income (loss): | 404,427 | 87,110 | (675,474) | (1,155,154) | 226,343 | 43,683 | ||
Comprehensive income (loss), net of tax, attributable to parent: | 404,427 | 87,110 | (675,474) | (1,155,154) | 226,343 | 43,683 |
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.