LRR Energy LP (LRE) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
HERITAGE PLAZA, SUITE 4600 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
| 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,740 | 3,576 | 10,751 | 2,871 | 5,158 | 4,417 | |||
| Cash and cash equivalents | 2,740 | 3,576 | 10,751 | 2,871 | 5,158 | 4,417 | |||
| Receivables | 15,801 | 16,821 | 15,029 | 9,792 | 10,863 | 9,867 | |||
| Prepaid expense | 1,672 | 1,840 | 2,858 | 1,717 | 1,208 | 1,603 | |||
| Derivative instruments and hedges, assets | 43,368 | 45,924 | 14,508 | 8,022 | 8,171 | 9,726 | |||
| Other undisclosed current assets | 5,737 | 4,157 | |||||||
| Total current assets: | 63,581 | 68,161 | 43,146 | 28,139 | 29,557 | 25,613 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 412,458 | 449,958 | 446,765 | 446,298 | 447,232 | 444,837 | |||
| Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | 412,186 | 449,920 | 446,494 | 444,748 | |||||
| Derivative instruments and hedges | 46,454 | 38,540 | 7,722 | 5,569 | 12,563 | 16,746 | |||
| Deferred costs | 2,295 | 2,295 | 1,100 | 1,039 | 1,066 | 1,154 | |||
| Other undisclosed noncurrent assets | (412,186) | (449,920) | (446,494) | (444,748) | |||||
| Total noncurrent assets: | 461,207 | 490,793 | 455,587 | 452,906 | 460,861 | 462,737 | |||
| TOTAL ASSETS: | 524,788 | 558,954 | 498,733 | 481,045 | 490,418 | 488,350 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 3,613 | 5,506 | 4,094 | 4,797 | 5,098 | 2,300 | |||
| Accrued liabilities | 3,613 | 5,506 | 4,094 | 4,797 | 5,098 | 2,300 | |||
| Derivative instruments and hedges, liabilities | 3,616 | 2,883 | 2,291 | 7,087 | 3,719 | 2,865 | |||
| Asset retirement obligation | 1,079 | 1,065 | 510 | 503 | 495 | 488 | |||
| Other undisclosed current liabilities | 3,801 | 9,176 | 4,507 | 4,115 | 6,691 | 2,829 | |||
| Total current liabilities: | 12,109 | 18,630 | 11,402 | 16,502 | 16,003 | 8,482 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 290,000 | 280,000 | 250,000 | 245,000 | 250,000 | 250,000 | |||
| Long-term debt, excluding current maturities | 290,000 | 280,000 | 250,000 | 245,000 | 250,000 | 250,000 | |||
| Liabilities, other than long-term debt | 42,608 | 41,687 | 38,835 | 42,574 | 37,825 | 37,610 | |||
| Asset retirement obligations | 41,053 | 40,539 | 37,479 | 36,933 | 36,377 | 35,838 | |||
| Deferred tax liabilities, net | 99 | 99 | 88 | 83 | 75 | 44 | |||
| Derivative instruments and hedges, liabilities | 1,456 | 1,049 | 1,268 | 5,558 | 1,373 | 1,728 | |||
| Total noncurrent liabilities: | 332,608 | 321,687 | 288,835 | 287,574 | 287,825 | 287,610 | |||
| Total liabilities: | 344,717 | 340,317 | 300,237 | 304,076 | 303,828 | 296,092 | |||
| Equity | |||||||||
| Other undisclosed equity | 180,071 | 218,637 | 198,496 | 176,969 | 186,590 | 192,258 | |||
| Total equity: | 180,071 | 218,637 | 198,496 | 176,969 | 186,590 | 192,258 | |||
| TOTAL LIABILITIES AND EQUITY: | 524,788 | 558,954 | 498,733 | 481,045 | 490,418 | 488,350 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Revenue, Net) | 36,212 | 96,104 | 48,382 | 17,391 | 26,028 | 30,741 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (6,772) | (7,133) | (6,024) | (6,829) | (5,835) | (7,325) | ||
| Gross profit: | 29,440 | 88,971 | 42,358 | 10,562 | 20,193 | 23,416 | ||
| Operating expenses | (56,990) | (61,238) | (20,065) | (20,987) | (20,425) | (90,386) | ||
| Other undisclosed operating income | 6,772 | 7,133 | 6,024 | 6,829 | 5,835 | 7,325 | ||
| Operating income (loss): | (20,778) | 34,866 | 28,317 | (3,596) | 5,603 | (59,645) | ||
| Nonoperating expense | (4,120) | (3,665) | (2,059) | (3,703) | (2,835) | (2,487) | ||
| Investment income, nonoperating | (1,351) | (860) | 492 | |||||
| Interest and debt expense | (2,769) | (2,805) | (2,551) | (2,575) | (2,541) | (2,372) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 2,769 | 2,805 | 2,551 | 2,575 | 2,541 | 2,372 | ||
| Income (loss) from continuing operations before income taxes: | (24,898) | 31,201 | 26,258 | (7,299) | 2,768 | (62,132) | ||
| Income tax expense (benefit) | (38) | (48) | (26) | (38) | (74) | 46 | ||
| Income (loss) from continuing operations: | (24,936) | 31,153 | 26,232 | (7,337) | 2,694 | (62,086) | ||
| Income (loss) before gain (loss) on sale of properties: | (24,936) | 31,153 | 26,232 | (7,337) | 2,694 | (62,086) | ||
| Net income (loss) available to common stockholders, diluted: | (24,936) | 31,153 | 26,232 | (7,337) | 2,694 | (62,086) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (24,936) | 31,153 | 26,232 | (7,337) | 2,694 | (62,086) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | (24,936) | 31,153 | 26,232 | (7,337) | 2,694 | (62,086) | ||
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.