Emerald Oil Inc (EOX) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
200 COLUMBINE STREET DENVER, CO 80206 |
| 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)
| 9/30/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 12,389 | 144,255 | 10,192 | |||
| Cash and cash equivalents | 12,389 | 144,255 | 10,192 | |||
| Receivables | 39,046 | 8,716 | 12,573 | |||
| Derivative instruments and hedges, assets | 5,044 | |||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 103 | ||
| Other undisclosed current assets | 1,269 | 47,307 | 1,134 | |||
| Total current assets: | 57,749 | 200,279 | 24,003 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 619,147 | 222,582 | 149,228 | |||
| Derivative instruments and hedges | 68 | 25 | ||||
| Restricted cash and investments | 4,000 | 6,000 | ||||
| Deferred costs | 5,779 | 475 | 270 | |||
| Other noncurrent assets | 431 | 358 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | 361 | ||
| Other undisclosed noncurrent assets | 1,954 | 125 | ||||
| Total noncurrent assets: | 631,311 | 229,609 | 149,884 | |||
| TOTAL ASSETS: | 689,060 | 429,888 | 173,886 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 131,405 | 74,990 | 39,590 | |||
| Accounts payable | 120,137 | 63,168 | 39,169 | |||
| Accrued liabilities | 11,268 | 11,822 | 421 | |||
| Derivative instruments and hedges, liabilities | 921 | 207 | ||||
| Deferred tax liabilities | 1,814 | |||||
| Due to related parties | 2,577 | |||||
| Other undisclosed current liabilities | 2,206 | |||||
| Total current liabilities: | 135,796 | 78,117 | 39,796 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 226,500 | 23,500 | ||||
| Long-term debt, excluding current maturities | 226,500 | 23,500 | ||||
| Liabilities, other than long-term debt | 2,672 | 748 | 296 | |||
| Asset retirement obligations | 2,672 | 692 | 296 | |||
| Other liabilities | 56 | |||||
| Other undisclosed noncurrent liabilities | 2,199 | 15,703 | ||||
| Total noncurrent liabilities: | 231,371 | 16,451 | 23,796 | |||
| Total liabilities: | 367,167 | 94,569 | 63,592 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | 321,888 | 335,314 | 110,294 | |||
| Preferred stock | 5 | 5 | ||||
| Common stock | 78 | 66 | 25 | |||
| Additional paid in capital | 455,009 | 416,301 | 180,440 | |||
| Accumulated deficit | (133,198) | (81,053) | (70,170) | |||
| Warrants and rights outstanding | 2,199 | 15,703 | ||||
| Other undisclosed equity, attributable to parent | (2,204) | (15,708) | ||||
| Other undisclosed equity | 5 | 5 | ||||
| Total equity: | 321,893 | 335,319 | 110,294 | |||
| TOTAL LIABILITIES AND EQUITY: | 689,060 | 429,888 | 173,886 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues | 112,608 | 51,325 | 27,915 | ||
| Revenue, net | 98,532 | 53,981 | 28,130 | ||
| Cost of revenue | (31,570) | (8,520) | |||
| Cost of goods and services sold | (20,559) | (8,520) | |||
| Gross profit: | 81,038 | 42,804 | 27,915 | ||
| Operating expenses | (131,606) | (51,142) | (91,743) | ||
| Other undisclosed operating income | 4,818 | 4,175 | |||
| Operating loss: | (50,568) | (3,521) | (59,654) | ||
| Nonoperating expense | (1,577) | (7,362) | (2,642) | ||
| Investment income, nonoperating | 13,504 | (7,077) | (215) | ||
| Interest and debt expense | (15,114) | (288) | (2,832) | ||
| Loss from continuing operations before equity method investments, income taxes: | (67,259) | (11,171) | (65,128) | ||
| Other undisclosed income from continuing operations before income taxes | 15,114 | 288 | 2,836 | ||
| Loss from continuing operations: | (52,145) | (10,883) | (62,292) | ||
| Loss before gain (loss) on sale of properties: | (52,145) | (10,883) | (62,292) | ||
| Net loss: | (52,145) | (10,883) | (62,292) | ||
| Other undisclosed net loss attributable to parent | (4) | ||||
| Net loss attributable to parent: | (52,145) | (10,883) | (62,296) | ||
| Preferred stock dividends and other adjustments | (20,279) | ||||
| Net loss available to common stockholders, diluted: | (52,145) | (31,162) | (62,296) | ||
Comprehensive Income ($ in thousands)
| 9/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net loss: | (52,145) | (10,883) | (62,292) | ||
| Comprehensive loss, net of tax, attributable to parent: | (52,145) | (10,883) | (62,292) | ||
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.