Magnum Hunter Resources Corp (MHRC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
909 LAKE CAROLYN PARKWAY IRVING, TX 75039 |
| 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
| 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 7,431 | 11,265 | 15,878 | 57,044 | 50,897 | 19,891 | |||
| Cash and cash equivalents | 6,463 | 8,818 | 13,653 | 53,180 | 42,667 | 9,120 | |||
| Short-term investments | 968 | 2,447 | 2,225 | 3,864 | 8,230 | 10,771 | |||
| Receivables | 16,041 | 14,561 | 6,718 | 16,319 | 22,276 | 47,723 | |||
| Inventory, net of allowances, customer advances and progress billings | 2,554 | 2,491 | 3,412 | 2,268 | 3,039 | 3,830 | |||
| Inventory | 2,554 | 2,491 | 3,412 | 2,268 | 3,039 | 3,830 | |||
| Derivative instruments and hedges, assets | 1,054 | 27 | 15,376 | 16,586 | 1,954 | 317 | |||
| Assets held-for-sale | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 1,638 | ||
| Other undisclosed current assets | 12,580 | 13,020 | 13,404 | 27,979 | 22,885 | 48,214 | |||
| Total current assets: | 39,660 | 41,364 | 54,788 | 120,196 | 101,051 | 121,613 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 1,053,564 | 1,125,401 | 1,144,157 | 1,175,658 | 1,791,314 | 1,698,025 | |||
| Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | 979,147 | 1,049,370 | 1,066,623 | 1,098,235 | 1,322,406 | 1,328,701 | |||
| Long-term investments and receivables | 346,912 | 347,191 | 436 | 537 | |||||
| Long-term investments | 346,912 | 347,191 | 436 | 537 | |||||
| Intangible assets, net (including goodwill) | 35,627 | 36,129 | |||||||
| Goodwill | 30,602 | 30,602 | |||||||
| Intangible assets, net (excluding goodwill) | 5,025 | 5,527 | |||||||
| Derivative instruments and hedges | 255 | 123 | |||||||
| Disposal group, including discontinued operation, noncurrent assets | 343,307 | 345,318 | |||||||
| Deferred costs | 19,765 | 21,252 | 22,093 | 22,856 | 17,511 | 18,358 | |||
| Other noncurrent assets | 419 | 929 | 875 | 3,928 | 1,445 | 4,174 | |||
| Assets held-for-sale, long lived | ✕ | ✕ | ✕ | ✕ | ✕ | 86,362 | 84,935 | ||
| Other undisclosed noncurrent assets | (979,147) | (1,049,370) | (1,066,623) | (1,098,235) | (1,322,842) | (1,329,238) | |||
| Total noncurrent assets: | 1,417,055 | 1,492,900 | 1,514,037 | 1,549,633 | 1,932,514 | 1,841,744 | |||
| TOTAL ASSETS: | 1,456,715 | 1,534,264 | 1,568,825 | 1,669,829 | 2,033,565 | 1,963,357 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 118,607 | 116,678 | 147,663 | 150,779 | 236,472 | 183,992 | |||
| Accounts payable | 83,603 | 95,090 | 112,459 | 130,502 | 199,577 | 128,356 | |||
| Accrued liabilities | 35,004 | 21,588 | 35,204 | 20,277 | 36,895 | 55,636 | |||
| Debt | 939,680 | 9,854 | 10,171 | 10,770 | 8,670 | 10,005 | |||
| Derivative instruments and hedges, liabilities | 569 | 490 | 48 | 5,709 | |||||
| Asset retirement obligation | 1,235 | 967 | 812 | 295 | 1,482 | 71 | |||
| Other liabilities | 2,413 | 2,340 | 2,377 | 1,356 | 3,786 | 2,374 | |||
| Due to related parties | 11,234 | 6,154 | 2,239 | ||||||
| Other undisclosed current liabilities | 3,121 | 6,461 | 5,720 | 5,245 | 4,784 | 24,045 | |||
| Total current liabilities: | 1,076,859 | 142,944 | 168,982 | 168,445 | 255,242 | 226,196 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 8,300 | 938,685 | 940,809 | 937,963 | 949,792 | 839,009 | |||
| Long-term debt, excluding current maturities | 8,300 | 938,685 | 940,809 | 937,963 | 949,792 | 839,009 | |||
| Liabilities, other than long-term debt | 31,866 | 31,409 | 31,063 | 31,566 | 205,448 | 145,768 | |||
| Asset retirement obligations | 26,451 | 25,944 | 25,564 | 26,229 | 25,176 | 16,568 | |||
| Disposal group, including discontinued operation, liabilities | 1,619 | 11,310 | |||||||
| Other liabilities | 5,415 | 5,465 | 5,499 | 5,337 | 5,382 | 2,163 | |||
| Derivative instruments and hedges, liabilities | 173,271 | 115,727 | |||||||
| Other undisclosed noncurrent liabilities | |||||||||
| Total noncurrent liabilities: | 40,166 | 970,094 | 971,872 | 969,529 | 1,155,240 | 984,777 | |||
| Total liabilities: | 1,117,025 | 1,113,038 | 1,140,854 | 1,137,974 | 1,410,482 | 1,210,973 | |||
| Temporary equity, carrying amount | 100,000 | 251,685 | 249,379 | ||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | (74,593) | 6,943 | 13,688 | 431,855 | 355,485 | 494,744 | |||
| Common stock | 2,613 | 2,140 | 2,024 | 2,014 | 2,008 | 2,003 | |||
| Treasury stock, value | (1,914) | (1,914) | (1,914) | (1,914) | (1,914) | (1,914) | |||
| Additional paid in capital | 975,534 | 936,323 | 912,957 | 909,783 | 923,679 | 924,185 | |||
| Accumulated other comprehensive income (loss) | 1,039 | 230 | (66) | (7,765) | (3,566) | (983) | |||
| Accumulated deficit | (1,051,865) | (929,836) | (899,313) | (784,546) | (879,005) | (742,830) | |||
| Other undisclosed equity, attributable to parent | 314,283 | 314,283 | 314,283 | ||||||
| Equity, attributable to noncontrolling interest | 15,913 | 8,261 | |||||||
| Other undisclosed equity | 314,283 | 314,283 | 314,283 | ||||||
| Total equity: | 239,690 | 321,226 | 327,971 | 431,855 | 371,398 | 503,005 | |||
| Other undisclosed liabilities and equity | 100,000 | 100,000 | 100,000 | ||||||
| TOTAL LIABILITIES AND EQUITY: | 1,456,715 | 1,534,264 | 1,568,825 | 1,669,829 | 2,033,565 | 1,963,357 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Other undisclosed income before gain (loss) on sale of properties | ||||||||
| Revenues | 33,664 | 39,526 | 55,396 | 62,310 | 79,670 | 132,516 | ||
| Revenue, net | 33,664 | 39,526 | 55,396 | 79,670 | 132,516 | |||
| Cost of revenue (Cost of Goods and Services Sold) | (14,446) | (14,213) | (18,510) | 7,904 | (33,292) | (63,679) | ||
| Gross profit: | 19,218 | 25,313 | 36,886 | 70,214 | 46,378 | 68,837 | ||
| Operating expenses | (118,316) | (34,997) | (132,884) | (461,429) | (137,246) | (133,655) | ||
| Other operating income (expense), net | (26,518) | (24,611) | (28,431) | 889,785 | (65,613) | (62,965) | ||
| Other expenses | (97,830) | (39,428) | (76,786) | 108,876 | 98,389 | |||
| Other undisclosed operating income (loss) | 40,964 | 38,824 | 46,941 | (900,145) | 98,905 | 126,644 | ||
| Operating income (loss): | (84,652) | 4,529 | (77,488) | (401,575) | (57,576) | (1,139) | ||
| Nonoperating income (expense) | (26,518) | (24,611) | (28,431) | 504,895 | (65,613) | (62,965) | ||
| Investment income, nonoperating | 2,813 | (276) | 5,541 | 19,901 | (49,596) | (42,795) | ||
| Other nonoperating income (expense) | (1,913) | (146) | (7,607) | 459 | 2,078 | 264 | ||
| Interest and debt expense | (23,136) | (23,262) | (22,658) | (30,015) | (17,013) | (16,412) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | (134,306) | (43,344) | (128,577) | 73,305 | (140,202) | (80,516) | ||
| Income (loss) from equity method investments | (176) | (87) | (2,900) | (534) | ||||
| Other undisclosed income (loss) from continuing operations before income taxes | 23,312 | 23,349 | 25,558 | 30,549 | 17,013 | 16,412 | ||
| Income (loss) from continuing operations: | (111,170) | (20,082) | (105,919) | 103,320 | (123,189) | (64,104) | ||
| Income (loss) before gain (loss) on sale of properties: | (115,392) | (21,676) | (105,919) | 103,320 | (123,189) | (60,215) | ||
| Income (loss) from discontinued operations | (4,222) | (1,594) | 3,889 | |||||
| Other undisclosed net income (loss) | 2,211 | 128 | (258) | (5,212) | ||||
| Net income (loss): | (113,181) | (21,676) | (105,919) | 103,448 | (123,447) | (65,427) | ||
| Net income attributable to noncontrolling interest | 2,764 | 780 | ||||||
| Net income (loss) attributable to parent: | (113,181) | (21,676) | (105,919) | 103,448 | (120,683) | (64,647) | ||
| Preferred stock dividends and other adjustments | (8,848) | (8,847) | (8,848) | (8,989) | (15,492) | (15,330) | ||
| Other undisclosed net loss available to common stockholders, basic | (51,692) | |||||||
| Net income (loss) available to common stockholders, diluted: | (122,029) | (30,523) | (114,767) | 42,767 | (136,175) | (79,977) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 12/31/2015 Q4 | 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (113,181) | (21,676) | (105,919) | 103,448 | (123,447) | (65,427) | ||
| Other comprehensive income (loss) | 809 | 296 | 7,699 | (4,199) | (2,583) | 21,322 | ||
| Comprehensive income (loss): | (112,372) | (21,380) | (98,220) | 99,249 | (126,030) | (44,105) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (2,764) | (780) | ||||||
| Other undisclosed comprehensive income, net of tax, attributable to parent | 5,528 | 1,560 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | (112,372) | (21,380) | (98,220) | 99,249 | (123,266) | (43,325) | ||
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.