Harvest Oil & Gas Corporation (HRST) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1001 FANNIN, SUITE 750 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 | 98,348 | 13,650 | 19,439 | 53,395 | |||||
| Cash and cash equivalents | 98,348 | 13,650 | 19,439 | 6,313 | |||||
| Short-term investments | 47,082 | ||||||||
| Restricted cash and investments | |||||||||
| Receivables | 22,019 | 30,607 | 38,086 | 44,672 | |||||
| Derivative instruments and hedges, assets | 8,745 | 14,137 | 2,451 | 15,452 | |||||
| Other current assets | 406 | 944 | 769 | 2,314 | |||||
| Total current assets: | 129,518 | 59,338 | 60,745 | 115,833 | |||||
| Noncurrent Assets | |||||||||
| Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | 142,471 | 159,388 | 323,743 | 405,688 | |||||
| Derivative instruments and hedges | 1,933 | 4,781 | 3,220 | 8,499 | |||||
| Other noncurrent assets | 6,679 | 7,112 | 5,558 | 4,474 | |||||
| Other undisclosed noncurrent assets | 9,284 | 87,260 | 48,998 | ||||||
| Total noncurrent assets: | 160,367 | 258,541 | 381,519 | 418,661 | |||||
| TOTAL ASSETS: | 289,885 | 317,879 | 442,264 | 534,494 | |||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 24,143 | 25,095 | 26,043 | 26,146 | |||||
| Interest and dividends payable | 31 | ||||||||
| Accounts payable | |||||||||
| Accrued liabilities | 5,000 | 5,000 | 5,000 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 19,143 | 20,095 | 21,012 | 26,146 | |||||
| Derivative instruments and hedges, liabilities | 376 | 1,165 | |||||||
| Other liabilities | 684 | 731 | 763 | ||||||
| Total current liabilities: | 24,827 | 25,826 | 27,182 | 27,311 | |||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 55,000 | 115,000 | |||||||
| Long-term debt, excluding current maturities | 55,000 | 115,000 | |||||||
| Liabilities, other than long-term debt | 103,012 | 103,912 | 112,685 | 118,565 | |||||
| Asset retirement obligations | 101,374 | 102,108 | 110,712 | 117,529 | |||||
| Other liabilities | 1,638 | 1,804 | 1,973 | 1,036 | |||||
| Total noncurrent liabilities: | 103,012 | 103,912 | 167,685 | 233,565 | |||||
| Total liabilities: | 127,839 | 129,738 | 194,867 | 260,876 | |||||
| Temporary equity, carrying amount | 135 | 135 | 117 | 79 | |||||
| Equity | |||||||||
| Equity, attributable to parent | 159,152 | 177,388 | 237,825 | 273,539 | |||||
| Common stock | 102 | 101 | 100 | 100 | |||||
| Treasury stock, value | (542) | (414) | (247) | (247) | |||||
| Additional paid in capital | 251,834 | 250,414 | 249,778 | 249,717 | |||||
| Retained earnings (accumulated deficit) | (92,242) | (72,713) | (11,806) | 23,969 | |||||
| Total equity: | 159,152 | 177,388 | 237,825 | 273,539 | |||||
| Other undisclosed liabilities and equity | 2,759 | 10,618 | 9,455 | ||||||
| TOTAL LIABILITIES AND EQUITY: | 289,885 | 317,879 | 442,264 | 534,494 | |||||
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 | 23,249 | 30,587 | 43,846 | 89,942 | ||||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 89,942 | ✕ | |
| Cost of revenue | (22,870) | (27,192) | (30,764) | (37,656) | ||||
| Cost of goods and services sold | (23,200) | (37,656) | ||||||
| Gross profit: | 379 | 3,395 | 13,082 | 52,286 | ||||
| Operating expenses | (25,466) | (82,667) | (34,734) | |||||
| Operating income (loss): | (25,087) | (79,272) | (21,652) | 52,286 | ||||
| Nonoperating income (expense) | 5,558 | 18,080 | (13,838) | |||||
| Other nonoperating income (expense) | 341 | 2,965 | (138) | |||||
| Interest and debt expense | (501) | (1,315) | (1,519) | |||||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 1,519 | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (20,030) | (62,507) | (35,490) | 52,286 | ||||
| Other undisclosed income from continuing operations before income taxes | 501 | 1,315 | ||||||
| Income (loss) from continuing operations before income taxes: | (19,529) | (61,192) | (35,490) | 52,286 | ||||
| Income tax expense (benefit) | 285 | (285) | ||||||
| Other undisclosed income from continuing operations | ||||||||
| Income (loss) from continuing operations: | (19,529) | (60,907) | (35,775) | 52,286 | ||||
| Income (loss) before gain (loss) on sale of properties: | (19,529) | (60,907) | (35,775) | 52,286 | ||||
| Net income (loss) available to common stockholders, diluted: | (19,529) | (60,907) | (35,775) | 52,286 | ||||
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 income (loss): | (19,529) | (60,907) | (35,775) | 52,286 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (19,529) | (60,907) | (35,775) | 52,286 | ||||
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.