Eagle Rock Energy Partners LP (EROC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
THE WEDGE TOWER 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)
| 6/30/2015 MRQ | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 154,791 | 76 | 25 | |||
| Cash and cash equivalents | 1,343 | 76 | 25 | |||
| Short-term investments | 153,448 | |||||
| Receivables | 39,596 | 145,963 | 138,732 | |||
| Inventory, net of allowances, customer advances and progress billings | 1,000 | 800 | ||||
| Inventory | 1,000 | 800 | ||||
| Prepaid expense | 9,911 | 8,183 | ✕ | |||
| Derivative instruments and hedges, assets | 44,805 | 9,162 | 33,340 | |||
| Other current assets | 249,103 | 163,384 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | 191,831 | ||
| Other undisclosed current assets | (249,103) | (164,384) | (182,764) | |||
| Total current assets: | 249,103 | 163,384 | 181,964 | |||
| Noncurrent Assets | ||||||
| Property, plant and equipment | 487,988 | 1,828,768 | 1,968,206 | |||
| Long-term investments and receivables | 900 | 900 | ||||
| Long-term investments | 900 | 900 | ||||
| Intangible assets, net (including goodwill) | 3,072 | 105,620 | 111,515 | |||
| Intangible assets, net (excluding goodwill) | 3,072 | 105,620 | 111,515 | |||
| Derivative instruments and hedges | 46,490 | 5,461 | 7,953 | |||
| Regulated entity, other noncurrent assets | 5,300 | 15,400 | 19,500 | |||
| Other noncurrent assets | 5,307 | 22,879 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | 22,922 | ||
| Investments and other noncurrent assets | ✕ | 57,184 | 135,398 | 144,046 | ||
| Other undisclosed noncurrent assets | (60,169) | (150,260) | (162,790) | |||
| Total noncurrent assets: | 545,172 | 1,964,166 | 2,112,252 | |||
| TOTAL ASSETS: | 794,275 | 2,127,550 | 2,294,216 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 59,525 | 200,243 | 180,283 | |||
| Taxes payable | 2,246 | 149 | 46 | |||
| Accounts payable | 49,226 | 170,124 | 160,473 | |||
| Accrued liabilities | 8,053 | 29,970 | 19,764 | |||
| Derivative instruments and hedges, liabilities | 11,023 | 1,231 | ||||
| Asset retirement obligation | 3,000 | 13,100 | 3,900 | |||
| Other liabilities | 59,525 | 211,266 | 181,514 | |||
| Due to related parties | 18 | 428 | ||||
| Other undisclosed current liabilities | (62,525) | (224,384) | (185,842) | |||
| Total current liabilities: | 59,525 | 211,266 | 181,514 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 263,343 | 1,252,062 | 1,153,103 | |||
| Long-term debt, excluding current maturities | 263,343 | 1,252,062 | 1,153,103 | |||
| Liabilities, other than long-term debt | 80,622 | 88,905 | 89,569 | |||
| Asset retirement obligations | 47,907 | 45,849 | 44,814 | |||
| Deferred tax liabilities, net | 28,006 | 36,515 | 41,344 | |||
| Other liabilities | 4,709 | 2,693 | 1,711 | |||
| Derivative instruments and hedges, liabilities | 3,848 | 1,700 | ||||
| Other undisclosed noncurrent liabilities | (261,028) | (1,250,624) | (1,151,447) | |||
| Total noncurrent liabilities: | 82,937 | 90,343 | 91,225 | |||
| Total liabilities: | 142,462 | 301,609 | 272,739 | |||
| Equity | ||||||
| Other undisclosed liabilities and equity | 651,813 | 1,825,941 | 2,021,477 | |||
| TOTAL LIABILITIES AND EQUITY: | 794,275 | 2,127,550 | 2,294,216 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Revenues | 298,204 | 1,195,279 | 983,959 | ||
| Cost of revenue | (494,396) | (1,172,074) | (870,767) | ||
| Cost of goods and services sold | (790,618) | (532,719) | |||
| Gross profit: | (196,192) | 23,205 | 113,192 | ||
| Operating expenses | (90,863) | (236,689) | (209,254) | ||
| Operating loss: | (287,055) | (213,484) | (96,062) | ||
| Nonoperating expense | (70,715) | (69,609) | (56,243) | ||
| Investment income, nonoperating | 187,128 | (37,855) | 57,894 | ||
| Interest and debt expense | (600) | (51,478) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 600 | 51,478 | |||
| Loss from continuing operations before income taxes: | (357,770) | (283,093) | (152,305) | ||
| Income tax benefit | 5,403 | 5,114 | 1,703 | ||
| Loss from continuing operations: | (352,367) | (277,979) | (150,602) | ||
| Loss before gain (loss) on sale of properties: | (139,907) | (277,979) | (150,602) | ||
| Income from discontinued operations | 212,460 | ||||
| Net loss available to common stockholders, diluted: | (139,907) | (277,979) | (150,602) | ||
Comprehensive Income ($ in thousands)
| 6/30/2015 TTM | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|
| Net loss: | (139,907) | (277,979) | (150,602) | ||
| Comprehensive loss, net of tax, attributable to parent: | (139,907) | (277,979) | (150,602) | ||
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.