Harvest Natural Resources Inc (HNR) financial statements (2023 and earlier)
Company profile
| Business Address |
1177 ENCLAVE PARKWAY HOUSTON, TX 77077 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 63,376 | 7,761 | 6,585 | 120,897 | 72,627 | ||
| Cash and cash equivalents | 63,376 | 7,761 | 6,585 | 120,897 | 72,627 | ||
| Receivables | 12,743 | 2,461 | 339 | 1,962 | 656 | ||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 1,460 | ||
| Other undisclosed current assets | 287 | 826 | 431 | 2,259 | 4,776 | ||
| Total current assets: | 76,406 | 11,048 | 7,355 | 125,118 | 79,519 | ||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 30,546 | 31,461 | 54,507 | 108,391 | 82,536 | ||
| Oil and gas property, successful effort method | (1,000) | ||||||
| Long-term investments and receivables | (700) | (700) | 164,700 | 485,401 | 412,823 | ||
| Long-term investments | 164,700 | 485,401 | 412,823 | ||||
| Accounts and financing receivable, after allowance for credit loss | (700) | (700) | |||||
| Prepaid expense | 101 | 139 | ✕ | ||||
| Derivative instruments and hedges | 5,010 | ||||||
| Other noncurrent assets | 145 | 142 | 1,484 | 873 | ✕ | ||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 7,613 | ||
| Other undisclosed noncurrent assets | 700 | 1,820 | (101) | 14,958 | 14,346 | ||
| Total noncurrent assets: | 30,691 | 36,733 | 220,691 | 609,762 | 517,318 | ||
| TOTAL ASSETS: | 107,097 | 47,781 | 228,046 | 734,880 | 596,837 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 7,798 | 4,651 | 6,319 | 29,235 | 34,820 | ||
| Accounts payable | 832 | 370 | 1,697 | 4,398 | 3,970 | ||
| Accrued liabilities | 6,966 | 3,327 | 4,617 | 22,659 | 30,748 | ||
| Taxes payable | 5 | 2,178 | 102 | ||||
| Interest and dividends payable | 954 | ||||||
| Debt | 77,480 | ||||||
| Deferred tax liabilities | 45 | 43,162 | |||||
| Other liabilities | 165 | 128 | 419 | 3,538 | |||
| Other undisclosed current liabilities | 13,806 | 6,489 | 624 | ||||
| Total current liabilities: | 7,798 | 4,816 | 20,298 | 156,785 | 38,982 | ||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 74,839 | ||||||
| Long-term debt, excluding current maturities | 74,839 | ||||||
| Liabilities, other than long-term debt | 100 | 5,759 | 14,870 | 32,298 | 6,578 | ||
| Deferred compensation liability, classified | 558 | 1,108 | |||||
| Deferred tax liabilities, net | 100 | 14,655 | 29,787 | ||||
| Due to related parties | 214 | ||||||
| Other liabilities | 42 | 215 | |||||
| Derivative instruments and hedges, liabilities | 5,503 | 1,953 | 5,470 | ||||
| Total noncurrent liabilities: | 100 | 5,759 | 14,870 | 32,298 | 81,417 | ||
| Total liabilities: | 7,898 | 10,575 | 35,168 | 189,083 | 120,399 | ||
| Stockholders' equity | |||||||
| Stockholders' equity attributable to parent | 99,199 | 36,759 | 113,726 | 302,630 | 379,337 | ||
| Common stock | 149 | 580 | 493 | 487 | 458 | ||
| Treasury stock, value | (74,332) | (66,316) | (66,316) | (66,222) | (66,145) | ||
| Additional paid in capital | 306,589 | 302,273 | 280,757 | 276,083 | 263,646 | ||
| Retained earnings (accumulated deficit) | (133,207) | (199,778) | (101,208) | 92,282 | 181,378 | ||
| Stockholders' equity attributable to noncontrolling interest | 447 | 79,152 | 243,167 | 97,101 | |||
| Total stockholders' equity: | 99,199 | 37,206 | 192,878 | 545,797 | 476,438 | ||
| TOTAL LIABILITIES AND EQUITY: | 107,097 | 47,781 | 228,046 | 734,880 | 596,837 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Gross profit: | (139,788) | (296,082) | (5,517) | |||
| Operating expenses | (21,273) | (72,108) | (153,523) | (68,430) | (46,000) | |
| Other undisclosed operating income | 22,994 | |||||
| Operating loss: | (21,273) | (211,896) | (449,605) | (45,436) | (51,517) | |
| Nonoperating income (expense) | (1,107) | 14,816 | (25,009) | (26,901) | (13,735) | |
| Investment income, nonoperating | 320 | 4,813 | (22,997) | 280 | 348 | |
| Other nonoperating income (expense) | 483 | (1,793) | (26,361) | (13,950) | ||
| Interest and debt expense | (10,274) | (2,959) | (11) | (4,495) | (10,660) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 10,274 | 2,959 | 23,227 | 5,035 | 10,445 | |
| Loss from continuing operations before equity method investments, income taxes: | (22,380) | (197,080) | (451,398) | (71,797) | (65,467) | |
| Income from equity method investments | 34,949 | 72,578 | 67,769 | |||
| Income (loss) from continuing operations before income taxes: | (22,380) | (197,080) | (416,449) | 781 | 2,302 | |
| Income tax expense (benefit) | (100) | 16,423 | 58,290 | (73,087) | 609 | |
| Income (loss) from continuing operations: | (22,480) | (180,657) | (358,159) | (72,306) | 2,911 | |
| Income (loss) from discontinued operations | 85,778 | (554) | (5,150) | (1,699) | ||
| Net income (loss): | 63,298 | (180,657) | (358,713) | (77,456) | 1,212 | |
| Net income (loss) attributable to noncontrolling interest | 3,273 | 82,087 | 165,223 | (11,640) | (13,423) | |
| Net income (loss) available to common stockholders, diluted: | 66,571 | (98,570) | (193,490) | (89,096) | (12,211) | |
Comprehensive Income ($ in thousands)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | 63,298 | (180,657) | (358,713) | (77,456) | 1,212 | |
| Other undisclosed comprehensive loss | (13,423) | |||||
| Comprehensive income (loss): | 63,298 | (180,657) | (358,713) | (77,456) | (12,211) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 3,273 | 82,087 | (165,223) | 11,640 | 13,423 | |
| Comprehensive income (loss), net of tax, attributable to parent: | 66,571 | (98,570) | (523,936) | (65,816) | 1,212 | |
Statements sources
The financial statements are based on the company's filings with the 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.