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)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,282 | 2,173 | 2,282 | 2,415 | 2,099 | 4,885 | |||
| Cash and cash equivalents | 2,282 | 2,173 | 2,282 | 2,415 | 2,099 | 4,885 | |||
| Receivables | 98,444 | 94,944 | 99,723 | 128,780 | 111,100 | 98,788 | |||
| Derivative instruments and hedges, assets | 13,621 | 10,858 | 39,904 | 10,258 | 10,928 | ||||
| Other current assets | 9,472 | 9,669 | 8,460 | 9,636 | 8,378 | 15,528 | |||
| Total current assets: | 123,819 | 117,644 | 150,369 | 151,089 | 132,505 | 119,201 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 3,255,505 | 3,192,015 | 3,018,524 | 2,714,927 | 2,568,425 | 2,400,985 | |||
| Other noncurrent assets | 13,666 | 13,222 | 16,207 | 23,482 | 20,909 | 18,271 | |||
| Deferred tax assets, net | 177,723 | 179,146 | |||||||
| Other undisclosed noncurrent assets | 64,615 | 71,965 | 21,500 | ||||||
| Total noncurrent assets: | 3,511,509 | 3,456,348 | 3,034,731 | 2,759,909 | 2,589,334 | 2,419,256 | |||
| TOTAL ASSETS: | 3,635,328 | 3,573,992 | 3,185,100 | 2,910,998 | 2,721,839 | 2,538,457 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 176,305 | 192,282 | 166,191 | 224,393 | 188,057 | 177,296 | |||
| Interest and dividends payable | 18,700 | 23,314 | 18,377 | 23,748 | 21,126 | 23,737 | |||
| Accounts payable | 102,943 | 122,941 | 98,811 | 147,670 | 113,651 | 106,328 | |||
| Accrued liabilities | 54,662 | 46,027 | 49,003 | 52,975 | 53,280 | 47,231 | |||
| Derivative instruments and hedges, liabilities | 64,751 | 75,994 | 55,205 | 162,895 | 145,520 | 115,259 | |||
| Asset retirement obligation | 342 | ||||||||
| Business combination, contingent consideration, liability | 47,260 | ||||||||
| Other liabilities | 51,430 | 46,508 | 40,609 | 50,918 | 52,020 | 45,495 | |||
| Other undisclosed current liabilities | 108,054 | 135,140 | 59,662 | 117,556 | 117,934 | 46,271 | |||
| Total current liabilities: | 400,540 | 449,924 | 322,009 | 555,762 | 503,531 | 431,581 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 1,731,418 | 1,714,764 | 1,633,591 | 1,327,689 | 1,502,307 | 1,442,898 | |||
| Long-term debt, excluding current maturities | 1,731,418 | 1,714,764 | 1,633,591 | 1,327,689 | 1,502,307 | 1,442,898 | |||
| Liabilities, other than long-term debt | 42,212 | 51,938 | 66,157 | 132,576 | 116,675 | 144,774 | |||
| Asset retirement obligations | 22,111 | 21,521 | 18,360 | 17,071 | 16,305 | 15,518 | |||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 4,699 | 4,164 | 3,828 | |||
| Other liabilities | 20,101 | 30,417 | 6,980 | 8,703 | 8,273 | 10,381 | |||
| Business combination, contingent consideration, liability | 44,195 | ||||||||
| Derivative instruments and hedges, liabilities | 40,817 | 102,103 | 87,933 | 70,852 | |||||
| Other undisclosed noncurrent liabilities | 44,744 | 50,413 | 8,017 | (44,195) | |||||
| Total noncurrent liabilities: | 1,818,374 | 1,817,115 | 1,707,765 | 1,460,265 | 1,618,982 | 1,543,477 | |||
| Total liabilities: | 2,218,914 | 2,267,039 | 2,029,774 | 2,016,027 | 2,122,513 | 1,975,058 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,240,358 | 1,131,730 | 980,904 | 721,342 | 426,468 | 391,281 | |||
| Common stock | 926 | 925 | 916 | 916 | 821 | 821 | |||
| Additional paid in capital | 2,132,131 | 2,130,989 | 2,131,535 | 2,132,253 | 1,918,820 | 1,918,942 | |||
| Accumulated deficit | (892,699) | (1,000,184) | (1,151,547) | (1,411,827) | (1,493,173) | (1,528,482) | |||
| Other undisclosed equity | 176,056 | 175,223 | 174,422 | 173,629 | 172,858 | 172,118 | |||
| Total equity: | 1,416,414 | 1,306,953 | 1,155,326 | 894,971 | 599,326 | 563,399 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,635,328 | 3,573,992 | 3,185,100 | 2,910,998 | 2,721,839 | 2,538,457 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 264,967 | 233,040 | 273,314 | 303,375 | 263,973 | 225,280 | ||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 303,375 | 263,973 | 225,280 | |
| Cost of revenue | (208,338) | (209,916) | (170,177) | |||||
| Cost of goods and services sold | (41,022) | (35,151) | (39,273) | |||||
| Other undisclosed gross profit | 588,431 | |||||||
| Gross profit: | 264,967 | 233,040 | 861,745 | 95,037 | 54,057 | 55,103 | ||
| Operating expenses | (17,301) | (24,732) | (10,249) | (12,811) | (18,265) | (27,292) | ||
| Operating income: | 247,666 | 208,308 | 851,496 | 82,226 | 35,792 | 27,811 | ||
| Nonoperating income (expense) | 23,215 | (87,642) | 161,416 | (54,698) | (70,609) | (29,696) | ||
| Investment income, nonoperating | 20,449 | (83,284) | 159,407 | (55,388) | (67,714) | (29,596) | ||
| Interest and debt expense | (910) | (8,676) | ||||||
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (748,231) | 54,698 | 70,609 | 38,372 | ||||
| Income from continuing operations before equity method investments, income taxes: | 270,881 | 120,666 | 263,771 | 82,226 | 35,792 | 27,811 | ||
| Other undisclosed loss from continuing operations before income taxes | (161,097) | (148,698) | ||||||
| Income (loss) from continuing operations before income taxes: | 109,784 | (28,032) | 263,771 | 82,226 | 35,792 | 27,811 | ||
| Income tax expense (benefit) | (2,299) | 179,395 | (3,491) | (880) | (483) | (319) | ||
| Income from continuing operations: | 107,485 | 151,363 | 260,280 | 81,346 | 35,309 | 27,492 | ||
| Income before gain (loss) on sale of properties: | 107,485 | 151,363 | 260,280 | 81,346 | 35,309 | 27,492 | ||
| Net income attributable to parent: | 107,485 | 151,363 | 260,280 | 81,346 | 35,309 | 27,492 | ||
| Preferred stock dividends and other adjustments | (4,452) | (4,360) | (4,367) | (4,457) | (4,474) | (4,863) | ||
| Other undisclosed net loss available to common stockholders, basic | (833) | (801) | (793) | (771) | (740) | (7,886) | ||
| Net income available to common stockholders, diluted: | 102,200 | 146,202 | 255,120 | 76,118 | 30,095 | 14,743 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 107,485 | 151,363 | 260,280 | 81,346 | 35,309 | 27,492 | ||
| Comprehensive income, net of tax, attributable to parent: | 107,485 | 151,363 | 260,280 | 81,346 | 35,309 | 27,492 | ||
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.