Miller Energy Resources Inc (MILL) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
9721 COGDILL ROAD KNOXVILLE, TN 37932 |
| State of Incorp. | TN |
| Fiscal Year End | April 30 |
| 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
| 1/31/2015 Q3 | 10/31/2014 Q2 | 7/31/2014 Q1 | 4/30/2014 Q4 | 1/31/2014 Q3 | 10/31/2013 Q2 | 7/31/2013 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 14,484 | 3,719 | 5,749 | 13,184 | 21,885 | 3,125 | |||
| Cash and cash equivalents | 14,484 | 3,719 | 5,749 | 13,184 | 21,885 | 3,125 | |||
| Receivables | 8,228 | 6,188 | 6,409 | 1,137 | 5,838 | 8,008 | |||
| Inventory, net of allowances, customer advances and progress billings | 7,778 | 9,839 | 5,102 | 4,944 | 2,191 | 2,518 | |||
| Inventory | 7,778 | 9,839 | 5,102 | 4,944 | 2,191 | 2,518 | |||
| Assets held-for-sale | 5,308 | 236 | 236 | ||||||
| Deferred tax assets | 2,666 | ||||||||
| Other undisclosed current assets | 52,031 | 59,442 | 53,740 | 32,200 | 11,201 | 26,477 | |||
| Total current assets: | 90,495 | 79,424 | 71,236 | 51,465 | 41,115 | 40,128 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 54,230 | 40,064 | 35,369 | 34,860 | 35,838 | 42,460 | |||
| Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | 362,555 | 635,655 | 644,827 | 568,808 | 554,683 | 503,822 | |||
| Restricted cash and investments | 14,364 | 13,580 | 12,075 | 12,007 | 11,978 | 11,196 | |||
| Deferred costs | 2,385 | 2,603 | 803 | 1,607 | 1,723 | 4,386 | |||
| Other noncurrent assets | 783 | 822 | 664 | 1,809 | 564 | 556 | |||
| Other undisclosed noncurrent assets | 4,007 | 1,848 | 1,848 | 542 | 542 | 542 | |||
| Total noncurrent assets: | 438,324 | 694,572 | 695,586 | 619,633 | 605,328 | 562,962 | |||
| TOTAL ASSETS: | 528,819 | 773,996 | 766,822 | 671,098 | 646,443 | 603,090 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 66,001 | 56,667 | 59,282 | 59,065 | 35,535 | 34,193 | |||
| Accounts payable | 47,252 | 45,228 | 38,836 | 40,538 | 21,314 | 27,279 | |||
| Accrued liabilities | 18,749 | 11,439 | 20,446 | 18,527 | 14,221 | 6,914 | |||
| Debt | 24,672 | 8,401 | 9,459 | 6,000 | 6,000 | ||||
| Derivative instruments and hedges, liabilities | 1,758 | 2,863 | 1,707 | ||||||
| Asset retirement obligation | 1,494 | ||||||||
| Disposal group, including discontinued operation | 1,495 | ||||||||
| Other liabilities | 2,858 | ||||||||
| Deferred tax liabilities | 5,060 | ||||||||
| Other undisclosed current liabilities | (1,494) | 5,697 | 3,315 | ||||||
| Total current liabilities: | 92,168 | 75,825 | 74,914 | 60,823 | 44,398 | 41,900 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 194,346 | 196,872 | 174,743 | 74,268 | 68,006 | 51,577 | |||
| Long-term debt, excluding current maturities | 212,923 | 196,872 | 174,743 | 74,268 | 68,006 | 51,577 | |||
| Capital lease obligations | 2,951 | 3,138 | |||||||
| Other undisclosed long-term debt and lease obligation | (21,528) | (3,138) | |||||||
| Liabilities, other than long-term debt | 42,502 | 153,614 | 162,640 | 170,009 | 171,909 | 174,757 | |||
| Asset retirement obligations | 22,276 | 23,372 | 22,872 | 20,967 | 20,472 | 20,192 | |||
| Deferred tax liabilities, net | 20,197 | 130,217 | 139,768 | 145,890 | 147,974 | 152,911 | |||
| Other liabilities | 29 | 25 | |||||||
| Derivative instruments and hedges, liabilities | 3,152 | 3,463 | 1,654 | ||||||
| Other undisclosed noncurrent liabilities | 6,964 | 4,006 | |||||||
| Total noncurrent liabilities: | 236,848 | 357,450 | 341,389 | 244,277 | 239,915 | 226,334 | |||
| Total liabilities: | 329,016 | 433,275 | 416,303 | 305,100 | 284,313 | 268,234 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 130,649 | 272,267 | 282,759 | 298,901 | 300,251 | 281,193 | |||
| Preferred stock | 49,791 | 31,711 | 30,041 | 29,885 | 23,125 | 53,663 | |||
| Common stock | 5 | 5 | 4 | 4 | 4 | 4 | |||
| Additional paid in capital | 109,829 | 102,247 | 98,788 | 97,845 | 94,131 | 89,913 | |||
| Retained earnings (accumulated deficit) | (28,976) | 143,304 | 158,926 | 176,167 | 182,991 | 191,276 | |||
| Other undisclosed equity, attributable to parent | (5,000) | (5,000) | (5,000) | (53,663) | |||||
| Total equity: | 130,649 | 272,267 | 282,759 | 298,901 | 300,251 | 281,193 | |||
| Other undisclosed liabilities and equity | 69,154 | 68,454 | 67,760 | 67,097 | 61,879 | 53,663 | |||
| TOTAL LIABILITIES AND EQUITY: | 528,819 | 773,996 | 766,822 | 671,098 | 646,443 | 603,090 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 1/31/2015 Q3 | 10/31/2014 Q2 | 7/31/2014 Q1 | 4/30/2014 Q4 | 1/31/2014 Q3 | 10/31/2013 Q2 | 7/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 24,176 | 25,379 | 22,126 | 16,628 | 18,796 | 13,008 | ||
| Revenue, net | 24,176 | 25,379 | 22,126 | 16,628 | 18,796 | 13,008 | ||
| Cost of revenue | (10,130) | (10,922) | (7,840) | (6,077) | (6,467) | (6,549) | ||
| Cost of goods and services sold | (9,805) | (10,582) | (7,537) | (5,821) | (6,163) | (6,265) | ||
| Gross profit: | 14,046 | 14,457 | 14,286 | 10,551 | 12,329 | 6,459 | ||
| Operating expenses | (329,333) | (35,002) | (15,775) | (23,213) | (23,079) | (19,184) | ||
| Other undisclosed operating income | 10,130 | 10,922 | 7,840 | 6,077 | 6,467 | 6,549 | ||
| Operating income (loss): | (305,157) | (9,623) | 6,351 | (6,585) | (4,283) | (6,176) | ||
| Nonoperating income (expense) | 19,503 | (9,580) | (23,146) | 1,312 | (5,555) | (5,371) | ||
| Investment income, nonoperating | 23,089 | (6,903) | (4,590) | 1,677 | (4,190) | (3,076) | ||
| Loss from continuing operations before income taxes: | (285,654) | (19,203) | (16,795) | (5,273) | (9,838) | (11,547) | ||
| Income tax benefit | 117,746 | 7,349 | 3,246 | 2,171 | 4,850 | 4,619 | ||
| Loss from continuing operations: | (167,908) | (11,854) | (13,549) | (3,102) | (4,988) | (6,928) | ||
| Loss before gain (loss) on sale of properties: | (167,908) | (11,854) | (13,549) | (3,102) | (4,988) | (6,928) | ||
| Net loss attributable to parent: | (167,908) | (11,854) | (13,549) | (3,102) | (4,988) | (6,928) | ||
| Preferred stock dividends and other adjustments | (3,459) | (2,946) | (971) | (3,722) | (3,297) | (2,489) | ||
| Other undisclosed net loss available to common stockholders, basic | (913) | (822) | (2,721) | |||||
| Net loss available to common stockholders, diluted: | (172,280) | (15,622) | (17,241) | (6,824) | (8,285) | (9,417) | ||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 1/31/2015 Q3 | 10/31/2014 Q2 | 7/31/2014 Q1 | 4/30/2014 Q4 | 1/31/2014 Q3 | 10/31/2013 Q2 | 7/31/2013 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (167,908) | (11,854) | (13,549) | (3,102) | (4,988) | (6,928) | ||
| Comprehensive loss, net of tax, attributable to parent: | (167,908) | (11,854) | (13,549) | (3,102) | (4,988) | (6,928) | ||
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.