Petron Energy II Inc (PEII) Financial Statements (2024 and earlier)

Company Profile

Business Address 17950 PRESTON ROAD
DALLAS, TX 75252
State of Incorp. NV
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)

9/30/2014
MRQ
12/31/2013
12/31/2012
12/31/2011
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 017
Cash and cash equivalents 017
Other undisclosed current assets 2418
Total current assets: 2435
Noncurrent Assets
Property, plant and equipment 610743
Oil and gas, full cost method, property and equipment, after accumulated depletion 1,8041,425
Prepaid expense and other noncurrent assets235
Other undisclosed noncurrent assets 69872
Total noncurrent assets: 3,1122,274
TOTAL ASSETS: 3,1372,310
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 1,283716
Accounts payable 1,283716
Debt 1,691421
Derivative instruments and hedges, liabilities 960 
Asset retirement obligation 220 
Other undisclosed current liabilities 24143
Total current liabilities: 4,1781,280
Noncurrent Liabilities
Long-term debt and lease obligation  1,003
Long-term debt, excluding current maturities  250
Capital lease obligations  753
Other undisclosed noncurrent liabilities 1,1675,191
Total noncurrent liabilities: 1,1676,194
Total liabilities: 5,3447,474
Equity
Equity, attributable to parent, including: (2,208)(5,165)
Preferred stock 06
Common stock 4412
Additional paid in capital 21,87014,639
Accumulated deficit (24,122)(19,821)
Other undisclosed equity, attributable to parent 10
Total equity: (2,208)(5,165)
TOTAL LIABILITIES AND EQUITY: 3,1372,310

Income Statement (P&L) ($ in thousands)

9/30/2014
TTM
12/31/2013
12/31/2012
12/31/2011
Revenues 11326
Revenue, net 11294
Cost of revenue (635)(539)
Gross profit: (623)(212)
Operating expenses (4,578)(8,652)
Other undisclosed operating income  539
Operating loss: (5,201)(8,326)
Interest and debt expense (394)(145)
Loss from continuing operations: (5,595)(8,471)
Loss before gain (loss) on sale of properties: (5,595)(8,471)
Net loss: (5,595)(8,471)
Other undisclosed net income attributable to parent 1,294145
Net loss available to common stockholders, diluted: (4,301)(8,326)

Comprehensive Income ($ in thousands)

9/30/2014
TTM
12/31/2013
12/31/2012
12/31/2011
Net loss: (5,595)(8,471)
Comprehensive loss, net of tax, attributable to parent: (5,595)(8,471)

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.

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