Energen Corp (EGN) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
605 RICHARD ARRINGTON JR BLVD N BIRMINGHAM, AL 35203-2707 |
| State of Incorp. | AL |
| 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
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,188 | 600 | 439 | 252 | 498 | 88,658 | |||
| Cash and cash equivalents | 1,188 | 600 | 439 | 252 | 498 | 88,658 | |||
| Receivables | 173,371 | 157,712 | 165,692 | 138,817 | 104,660 | 116,346 | |||
| Inventory, net of allowances, customer advances and progress billings | 29,255 | 19,586 | 13,177 | 14,538 | 18,263 | 15,365 | |||
| Inventory | 29,255 | 19,586 | 13,177 | 14,538 | 18,263 | 15,365 | |||
| Prepaid expense | 6,086 | 9,773 | 12,085 | 5,838 | 4,410 | 5,024 | |||
| Derivative instruments and hedges, assets | 35,377 | 4,984 | 3,895 | 39,063 | 7,594 | ||||
| Total current assets: | 245,277 | 192,655 | 191,393 | 163,340 | 166,894 | 232,987 | |||
| Noncurrent Assets | |||||||||
| Nontrade receivables | 70,716 | 70,716 | 70,716 | ||||||
| Property, plant and equipment | 5,133,216 | 4,932,164 | 4,763,520 | 4,678,710 | 4,558,984 | 4,344,517 | |||
| Derivative instruments and hedges | 258 | 3,261 | 1,064 | 9,534 | 9,293 | ||||
| Regulated entity, other noncurrent assets | 1,586 | 1,683 | 1,779 | 1,874 | |||||
| Deferred costs | 9,936 | 4,341 | 5,620 | 6,879 | 7,725 | 8,311 | |||
| Defined benefit plan, assets for plan benefits | ✕ | ✕ | ✕ | ✕ | ✕ | 3,595 | 3,607 | ||
| Other undisclosed noncurrent assets | 1,023 | 944 | 867 | 1,709 | |||||
| Total noncurrent assets: | 5,216,735 | 5,013,109 | 4,842,502 | 4,690,236 | 4,579,838 | 4,365,728 | |||
| TOTAL ASSETS: | 5,462,012 | 5,205,764 | 5,033,895 | 4,853,576 | 4,746,732 | 4,598,715 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 166,437 | 182,294 | 158,040 | 186,101 | 142,545 | 148,158 | |||
| Taxes payable | 12,287 | 6,411 | 2,631 | 14,585 | 12,734 | 10,153 | |||
| Employee-related liabilities | 11,428 | 8,936 | 26,170 | 21,268 | 15,709 | 14,047 | |||
| Accounts payable | 74,568 | 104,430 | 75,167 | 101,819 | 65,770 | 79,644 | |||
| Accrued liabilities | 68,154 | 62,517 | 54,072 | 48,429 | 48,332 | 44,314 | |||
| Debt | 17,000 | 17,000 | |||||||
| Derivative instruments and hedges, liabilities | 80,996 | 57,478 | 71,379 | 18,089 | 481 | 8,324 | |||
| Other liabilities | 18,708 | 12,239 | 17,916 | 11,402 | 17,778 | 14,368 | |||
| Other undisclosed current liabilities | 165,873 | 111,887 | 74,909 | 67,176 | 95,509 | 120,825 | |||
| Total current liabilities: | 432,014 | 363,898 | 322,244 | 282,768 | 273,313 | 308,675 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 829,068 | 755,964 | 782,861 | 765,759 | 659,158 | 527,557 | |||
| Long-term debt, excluding current maturities | 829,068 | 755,964 | 782,861 | 765,759 | 659,158 | 527,557 | |||
| Liabilities, other than long-term debt | 129,846 | 107,827 | 490,333 | 96,767 | 93,914 | 91,637 | |||
| Asset retirement obligations | 92,588 | 90,295 | 88,378 | 86,643 | 84,867 | 83,256 | |||
| Deferred tax liabilities, net | 387,807 | ||||||||
| Other liabilities | 6,223 | 5,969 | 5,262 | 7,162 | 8,545 | 8,381 | |||
| Derivative instruments and hedges, liabilities | 31,035 | 11,563 | 8,886 | 2,962 | 502 | ||||
| Other undisclosed noncurrent liabilities | 442,225 | 423,228 | 535,002 | 532,605 | 516,295 | ||||
| Total noncurrent liabilities: | 1,401,139 | 1,287,019 | 1,273,194 | 1,397,528 | 1,285,677 | 1,135,489 | |||
| Total liabilities: | 1,833,153 | 1,650,917 | 1,595,438 | 1,680,296 | 1,558,990 | 1,444,164 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 3,628,859 | 3,554,847 | 3,438,457 | 3,173,280 | 3,187,742 | 3,154,551 | |||
| Common stock | 1,007 | 1,007 | 1,003 | 1,003 | 1,003 | 1,003 | |||
| Treasury stock, value | (146,358) | (145,885) | (138,850) | (138,959) | (138,783) | (138,729) | |||
| Additional paid in capital | 1,398,320 | 1,392,109 | 1,388,082 | 1,384,518 | 1,380,310 | 1,376,517 | |||
| Accumulated other comprehensive income | 543 | 604 | 380 | 1,197 | 1,267 | 1,336 | |||
| Retained earnings | 2,372,063 | 2,303,789 | 2,185,161 | 1,922,731 | 1,941,218 | 1,911,737 | |||
| Other undisclosed equity, attributable to parent | 3,284 | 3,223 | 2,681 | 2,790 | 2,727 | 2,687 | |||
| Total equity: | 3,628,859 | 3,554,847 | 3,438,457 | 3,173,280 | 3,187,742 | 3,154,551 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,462,012 | 5,205,764 | 5,033,895 | 4,853,576 | 4,746,732 | 4,598,715 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 371,567 | 357,866 | 271,796 | 191,504 | 256,824 | 240,921 | ||
| Revenue, net | ✕ | 339,648 | 356,171 | 271,796 | 191,504 | 256,824 | 240,921 | |
| Cost of revenue | (216,589) | (165,690) | (196,422) | (185,654) | (178,848) | (152,585) | ||
| Gross profit: | 154,978 | 192,176 | 75,374 | 5,850 | 77,976 | 88,336 | ||
| Operating expenses | (24,632) | (25,365) | (28,557) | (23,672) | (23,262) | (26,909) | ||
| Other operating income (expense), net | 113 | 33,723 | 6,031 | 5,977 | (172) | 1,175 | ||
| Other undisclosed operating income (loss) | (32,032) | (35,418) | (6,031) | (5,977) | 172 | (1,175) | ||
| Operating income (loss): | 98,427 | 165,116 | 46,817 | (17,822) | 54,714 | 61,427 | ||
| Nonoperating expense | (10,338) | (10,021) | (10,196) | (9,870) | (9,100) | (8,583) | ||
| Interest and debt expense | (10,803) | (10,248) | (10,327) | (9,928) | (9,145) | (8,966) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 10,803 | 10,248 | 10,327 | 9,928 | 9,145 | 8,966 | ||
| Income (loss) from continuing operations before income taxes: | 88,089 | 155,095 | 36,621 | (27,692) | 45,614 | 52,844 | ||
| Income tax expense (benefit) | (19,815) | (36,180) | 225,809 | 9,206 | (16,133) | (19,441) | ||
| Income (loss) from continuing operations: | 68,274 | 118,915 | 262,430 | (18,486) | 29,481 | 33,403 | ||
| Income (loss) before gain (loss) on sale of properties: | 68,274 | 118,915 | 262,430 | (18,486) | 29,481 | 33,403 | ||
| Net income (loss) available to common stockholders, diluted: | 68,274 | 118,915 | 262,430 | (18,486) | 29,481 | 33,403 | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 9/30/2018 Q3 | 6/30/2018 Q2 | 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 68,274 | 118,915 | 262,430 | (18,486) | 29,481 | 33,403 | ||
| Other comprehensive income (loss) | 20 | 224 | (893) | 42 | 42 | 42 | ||
| Comprehensive income (loss): | 68,294 | 119,139 | 261,537 | (18,444) | 29,523 | 33,445 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (82) | (286) | 76 | (111) | (111) | (111) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 68,212 | 118,853 | 261,613 | (18,555) | 29,412 | 33,334 | ||
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.