Linnco LLC (LNCO) Financial Statements (2024 and earlier)
Company Profile
Business Address |
600 TRAVIS 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) (USD)Annual | Quarterly
9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 847,000 | 11,023,000 | 11,023,000 | 6,451,000 | 6,029,000 | 5,547,000 | |||
Cash and cash equivalents | 847,000 | 11,023,000 | 11,023,000 | 6,451,000 | 6,029,000 | 5,547,000 | |||
Receivables | 6,296,000 | 6,472,000 | 7,414,000 | 12,434,000 | 12,758,000 | 12,723,000 | |||
Deferred costs | 785,000 | 632,000 | 450,000 | ||||||
Deferred tax assets | 2,508,000 | 1,843,000 | 37,413,000 | 40,583,000 | |||||
Total current assets: | 7,143,000 | 18,280,000 | 20,945,000 | 20,728,000 | 56,832,000 | 59,303,000 | |||
Noncurrent Assets | |||||||||
Long-term investments and receivables | 10,407,000 | 345,784,000 | 1,049,243,000 | 1,211,478,000 | |||||
Long-term investments | 10,407,000 | 345,784,000 | 1,049,243,000 | 1,211,478,000 | |||||
Deferred tax assets, net | 16,463,000 | 12,364,000 | |||||||
Total noncurrent assets: | 10,407,000 | 16,463,000 | 358,148,000 | 1,049,243,000 | 1,211,478,000 | ||||
TOTAL ASSETS: | 17,550,000 | 18,280,000 | 37,408,000 | 378,876,000 | 1,106,075,000 | 1,270,781,000 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 13,200,000 | 23,950,000 | 30,402,000 | 8,800,000 | 8,649,000 | 317,000 | |||
Taxes payable | 13,000,000 | 22,578,000 | 29,829,000 | 7,792,000 | 7,751,000 | ||||
Accounts payable | 200,000 | 1,372,000 | 573,000 | 1,008,000 | 898,000 | 317,000 | |||
Total current liabilities: | 13,200,000 | 23,950,000 | 30,402,000 | 8,800,000 | 8,649,000 | 317,000 | |||
Noncurrent Liabilities | |||||||||
Liabilities, other than long-term debt | 19,550,000 | 43,661,000 | |||||||
Accounts payable and accrued liabilities | 7,810,000 | ||||||||
Deferred tax liabilities, net | 19,550,000 | 35,851,000 | |||||||
Total noncurrent liabilities: | 19,550,000 | 43,661,000 | |||||||
Total liabilities: | 13,200,000 | 23,950,000 | 30,402,000 | 8,800,000 | 28,199,000 | 43,978,000 | |||
Equity | |||||||||
Equity, attributable to parent, including: | 4,350,000 | (5,670,000) | 7,006,000 | 370,076,000 | 1,077,876,000 | 1,226,803,000 | |||
Additional paid in capital | 46,934,000 | 44,440,000 | 42,723,000 | 42,121,000 | 41,786,000 | 40,704,000 | |||
Accumulated deficit | (3,953,918,000) | (3,918,433,000) | (3,904,040,000) | (3,540,368,000) | (2,832,233,000) | (2,682,224,000) | |||
Other undisclosed equity, attributable to parent | 3,911,334,000 | 3,868,323,000 | 3,868,323,000 | 3,868,323,000 | 3,868,323,000 | 3,868,323,000 | |||
Total equity: | 4,350,000 | (5,670,000) | 7,006,000 | 370,076,000 | 1,077,876,000 | 1,226,803,000 | |||
TOTAL LIABILITIES AND EQUITY: | 17,550,000 | 18,280,000 | 37,408,000 | 378,876,000 | 1,106,075,000 | 1,270,781,000 |
Income Statement (P&L) (USD)Annual | Quarterly
9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | ||
---|---|---|---|---|---|---|---|---|
Operating expenses | (1,143,000) | (933,000) | (603,000) | (965,000) | (901,000) | (976,000) | ||
Operating loss: | (1,143,000) | (933,000) | (603,000) | (965,000) | (901,000) | (976,000) | ||
Loss from continuing operations before equity method investments, income taxes: | (1,143,000) | (933,000) | (603,000) | (965,000) | (901,000) | (976,000) | ||
Loss from equity method investments | (34,625,000) | (345,784,000) | (663,276,000) | (122,052,000) | (50,492,000) | |||
Other undisclosed loss from continuing operations before income taxes | (200,000) | |||||||
Loss from continuing operations before income taxes: | (35,968,000) | (933,000) | (346,387,000) | (664,241,000) | (122,953,000) | (51,468,000) | ||
Income tax expense (benefit) | 483,000 | (13,460,000) | (17,285,000) | (3,712,000) | 13,127,000 | 18,493,000 | ||
Loss from continuing operations: | (35,485,000) | (14,393,000) | (363,672,000) | (667,953,000) | (109,826,000) | (32,975,000) | ||
Loss before gain (loss) on sale of properties: | (35,485,000) | (14,393,000) | (363,672,000) | (667,953,000) | (109,826,000) | (32,975,000) | ||
Net loss available to common stockholders, diluted: | (35,485,000) | (14,393,000) | (363,672,000) | (667,953,000) | (109,826,000) | (32,975,000) |
Comprehensive Income (USD)Annual | Quarterly
9/30/2016 Q3 | 6/30/2016 Q2 | 3/31/2016 Q1 | 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | ||
---|---|---|---|---|---|---|---|---|
Net loss: | (35,485,000) | (14,393,000) | (363,672,000) | (667,953,000) | (109,826,000) | (32,975,000) | ||
Comprehensive loss, net of tax, attributable to parent: | (35,485,000) | (14,393,000) | (363,672,000) | (667,953,000) | (109,826,000) | (32,975,000) |
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.