JP ENERGY PARTNERS LP (JPEP) financial statements (2021 and earlier)
Company profile
| Business Address |
600 EAST LAS COLINAS BLVD. IRVING, TX 75039 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 5171 - Petroleum Bulk stations and Terminals (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 3 | 2 | 3 | ||
| Cash and cash equivalents | 3 | 2 | 3 | ||
| Restricted cash and investments | 1 | ||||
| Receivables | 55 | 69 | 119 | ||
| Inventory, net of allowances, customer advances and progress billings | 7 | 5 | 21 | ||
| Inventory | 7 | 5 | 21 | ||
| Prepaid expense | 5 | 1 | 1 | ||
| Derivative instruments and hedges, assets | 1 | ||||
| Disposal group, including discontinued operation | 3 | ||||
| Other undisclosed current assets | 5 | 3 | 4 | ||
| Total current assets: | 75 | 83 | 149 | ||
| Noncurrent Assets | |||||
| Property, plant and equipment | 278 | 291 | 262 | ||
| Intangible assets, net (including goodwill) | 319 | 351 | 397 | ||
| Goodwill | 201 | 217 | 249 | ||
| Intangible assets, net (excluding goodwill) | 117 | 134 | 148 | ||
| Derivative instruments and hedges | 0 | ||||
| Disposal group, including discontinued operation, noncurrent assets | 7 | ||||
| Other undisclosed noncurrent assets | 3 | 3 | 5 | ||
| Total noncurrent assets: | 600 | 652 | 664 | ||
| TOTAL ASSETS: | 674 | 735 | 813 | ||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 58 | 61 | 127 | ||
| Accounts payable | 43 | 46 | 88 | ||
| Accrued liabilities | 15 | 15 | 29 | ||
| Employee-related liabilities | 8 | ||||
| Taxes payable | 2 | ||||
| Debt | 1 | 1 | 1 | ||
| Derivative instruments and hedges, liabilities | 10 | ||||
| Due to related parties | 0 | ||||
| Disposal group, including discontinued operation | 1 | ||||
| Customer advances and deposits | 3 | 4 | 5 | ||
| Other undisclosed current liabilities | (20) | ||||
| Total current liabilities: | 62 | 66 | 123 | ||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 177 | 163 | 84 | ||
| Long-term debt, excluding current maturities | 177 | 163 | 84 | ||
| Capital lease obligations | 0 | ||||
| Liabilities, other than long-term debt | 1 | 1 | 6 | ||
| Other liabilities | 1 | 1 | 6 | ||
| Other undisclosed noncurrent liabilities | (0) | ||||
| Total noncurrent liabilities: | 178 | 164 | 90 | ||
| Total liabilities: | 240 | 230 | 212 | ||
| Stockholders' equity | |||||
| Other undisclosed stockholders' equity | 434 | 505 | 601 | ||
| Total stockholders' equity: | 434 | 505 | 601 | ||
| TOTAL LIABILITIES AND EQUITY: | 674 | 735 | 813 | ||
Income statement (P&L) ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|
| Revenues | 494 | 681 | 1,694 | |
| Revenue, net | 313 | 469 | 1,441 | |
| Cost of revenue | (1,609) | |||
| Gross profit: | 494 | 681 | 85 | |
| Operating expenses | (109) | (116) | (117) | |
| Other undisclosed operating loss | (413) | (604) | ||
| Operating loss: | (28) | (39) | (32) | |
| Nonoperating income (Other Nonoperating income) | 1 | 2 | 0 | |
| Interest and debt expense | (6) | (5) | (11) | |
| Loss from continuing operations before income taxes: | (33) | (43) | (43) | |
| Income tax expense | (1) | (1) | (0) | |
| Net loss available to common stockholders, diluted: | (34) | (44) | (43) | |
Comprehensive Income ($ in millions)
| 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|
| Net loss: | (34) | (44) | (43) | |
| Comprehensive loss, net of tax, attributable to parent: | (34) | (44) | (43) | |
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.