EP Energy Corporation (EPEG) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1001 LOUISIANA STREET HOUSTON, TX 77002 |
| 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)Annual | Quarterly
| 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 188,000 | 52,000 | 10,000 | 27,000 | 56,000 | 98,000 | |||
| Cash and cash equivalents | 188,000 | 52,000 | 10,000 | 27,000 | 56,000 | 98,000 | |||
| Restricted cash and investments | 1,000 | 1,000 | |||||||
| Receivables | 133,000 | 126,000 | 177,000 | 230,000 | 238,000 | 203,000 | |||
| Inventory, net of allowances, customer advances and progress billings | 46,000 | 28,000 | 26,000 | 22,000 | 15,000 | 17,000 | |||
| Inventory | 46,000 | 28,000 | 26,000 | 22,000 | 15,000 | 17,000 | |||
| Prepaid expense | 9,000 | 5,000 | 6,000 | 4,000 | |||||
| Derivative instruments and hedges, assets | 46,000 | 24,000 | 12,000 | 101,000 | 6,000 | ||||
| Other current assets | 38,000 | 31,000 | |||||||
| Total current assets: | 452,000 | 261,000 | 234,000 | 385,000 | 315,000 | 329,000 | |||
| Noncurrent Assets | |||||||||
| Derivative instruments and hedges | 12,000 | 10,000 | 2,000 | 13,000 | 1,000 | 3,000 | |||
| Regulated entity, other noncurrent assets | 6,000 | 7,000 | 8,000 | 8,000 | 9,000 | ||||
| Other noncurrent assets | 22,000 | 25,000 | 24,000 | 1,000 | 2,000 | 1,000 | |||
| Total noncurrent assets: | 34,000 | 41,000 | 33,000 | 22,000 | 11,000 | 13,000 | |||
| Other undisclosed assets | 3,476,000 | 3,888,000 | 3,834,000 | 3,774,000 | 4,913,000 | 4,832,000 | |||
| TOTAL ASSETS: | 3,962,000 | 4,190,000 | 4,101,000 | 4,181,000 | 5,239,000 | 5,174,000 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 122,000 | 154,000 | 338,000 | 296,000 | 389,000 | 332,000 | |||
| Interest and dividends payable | 161,000 | 69,000 | 110,000 | 70,000 | 112,000 | 69,000 | |||
| Accounts payable | 76,000 | 75,000 | 228,000 | 226,000 | 277,000 | 263,000 | |||
| Other undisclosed accounts payable and accrued liabilities | (115,000) | 10,000 | |||||||
| Debt | 4,882,000 | 182,000 | 8,000 | 58,000 | 8,000 | 8,000 | |||
| Deferred compensation liability | 21,000 | ||||||||
| Derivative instruments and hedges, liabilities | 3,000 | 71,000 | 52,000 | ||||||
| Accrued environmental loss contingencies | 37,000 | 44,000 | |||||||
| Other liabilities | 23,000 | 21,000 | 54,000 | 86,000 | 95,000 | 87,000 | |||
| Other undisclosed current liabilities | 237,000 | 123,000 | |||||||
| Total current liabilities: | 5,301,000 | 545,000 | 403,000 | 440,000 | 563,000 | 479,000 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 4,460,000 | 4,380,000 | 4,395,000 | 4,395,000 | |||||
| Long-term debt, excluding current maturities | 4,460,000 | 4,380,000 | 4,395,000 | 4,395,000 | |||||
| Liabilities, other than long-term debt | 63,000 | 65,000 | 66,000 | 55,000 | 64,000 | 49,000 | |||
| Asset retirement obligations | 41,000 | 41,000 | 40,000 | 39,000 | 39,000 | 35,000 | |||
| Other liabilities | 22,000 | 24,000 | 26,000 | 16,000 | 13,000 | 5,000 | |||
| Derivative instruments and hedges, liabilities | 12,000 | 9,000 | |||||||
| Other undisclosed noncurrent liabilities | 4,365,000 | (92,000) | (95,000) | (100,000) | (104,000) | ||||
| Total noncurrent liabilities: | 63,000 | 4,430,000 | 4,434,000 | 4,340,000 | 4,359,000 | 4,340,000 | |||
| Total liabilities: | 5,364,000 | 4,975,000 | 4,837,000 | 4,780,000 | 4,922,000 | 4,819,000 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (1,402,000) | (785,000) | (736,000) | (599,000) | 317,000 | 355,000 | |||
| Treasury stock, value | (1,000) | (1,000) | (1,000) | (1,000) | |||||
| Additional paid in capital | 3,543,000 | 3,540,000 | 3,539,000 | 3,536,000 | 3,532,000 | 3,526,000 | |||
| Accumulated deficit | (4,947,000) | (4,327,000) | (4,277,000) | (4,137,000) | (3,218,000) | (3,174,000) | |||
| Other undisclosed equity, attributable to parent | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |||
| Total equity: | (1,402,000) | (785,000) | (736,000) | (599,000) | 317,000 | 355,000 | |||
| Other undisclosed liabilities and equity | |||||||||
| TOTAL LIABILITIES AND EQUITY: | 3,962,000 | 4,190,000 | 4,101,000 | 4,181,000 | 5,239,000 | 5,174,000 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 247,000 | 256,000 | 134,000 | 479,000 | 294,000 | 265,000 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (3,000) | |||||||
| Gross profit: | 247,000 | 256,000 | 134,000 | 479,000 | 291,000 | 265,000 | ||
| Operating expenses | (471,000) | (21,000) | (12,000) | (13,000) | (24,000) | (21,000) | ||
| Other undisclosed operating loss | (211,000) | (190,000) | (177,000) | (1,315,000) | (218,000) | (221,000) | ||
| Operating income (loss): | (435,000) | 45,000 | (55,000) | (849,000) | 49,000 | 23,000 | ||
| Nonoperating income | 4,000 | |||||||
| Interest and debt expense | (189,000) | (95,000) | (95,000) | (24,000) | (95,000) | (88,000) | ||
| Loss from continuing operations before equity method investments, income taxes: | (624,000) | (50,000) | (150,000) | (869,000) | (46,000) | (65,000) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | 4,000 | 10,000 | (50,000) | 2,000 | 7,000 | |||
| Loss from continuing operations: | (620,000) | (50,000) | (140,000) | (919,000) | (44,000) | (58,000) | ||
| Loss before gain (loss) on sale of properties: | (620,000) | (50,000) | (140,000) | (919,000) | (44,000) | (58,000) | ||
| Net loss: | (620,000) | (50,000) | (140,000) | (919,000) | (44,000) | (58,000) | ||
| Other undisclosed net loss attributable to parent | ||||||||
| Net loss available to common stockholders, diluted: | (620,000) | (50,000) | (140,000) | (919,000) | (44,000) | (58,000) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2019 Q4 | 9/30/2019 Q3 | 6/30/2019 Q2 | 3/31/2019 Q1 | 12/31/2018 Q4 | 9/30/2018 Q3 | 6/30/2018 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (620,000) | (50,000) | (140,000) | (919,000) | (44,000) | (58,000) | ||
| Comprehensive loss, net of tax, attributable to parent: | (620,000) | (50,000) | (140,000) | (919,000) | (44,000) | (58,000) | ||
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.