RSP Permian Inc (RSPP) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3141 HOOD STREET DALLAS, TX 75219 |
| State of Incorp. | |
| 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)
| 3/31/2018 MRQ | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 38,102 | 690,776 | 142,741 | 56,292 | |||
| Cash and cash equivalents | 38,102 | 690,776 | 142,741 | 56,292 | |||
| Receivables | 111,157 | 73,671 | 36,323 | 40,436 | |||
| Derivative instruments and hedges, assets | 64 | 11,815 | 8,452 | 76,990 | |||
| Other undisclosed current assets | 24 | 24 | |||||
| Total current assets: | 149,323 | 776,262 | 187,540 | 173,742 | |||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 2,094,618 | ||||||
| Oil and gas, successful efforts method, property and equipment, after accumulated depreciation, depletion, amortization, and impairment | 2,069,757 | ||||||
| Derivative instruments and hedges | 37 | ||||||
| Restricted cash and investments | 152 | 152 | 152 | ||||
| Other noncurrent assets | 40,107 | 90,378 | 33,249 | 21,435 | |||
| Other undisclosed noncurrent assets | (4,164,375) | ||||||
| Total noncurrent assets: | 40,144 | 90,530 | 33,401 | 21,587 | |||
| Other undisclosed assets | 6,080,719 | 4,129,635 | 2,758,630 | 2,094,618 | |||
| TOTAL ASSETS: | 6,270,186 | 4,996,427 | 2,979,571 | 2,289,947 | |||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 169,995 | 79,408 | 66,949 | 93,705 | |||
| Interest and dividends payable | 23,798 | 12,142 | 12,149 | ||||
| Accounts payable | 26,758 | 14,074 | 15,569 | 35,728 | |||
| Accrued liabilities | 119,439 | 53,192 | 39,231 | 57,977 | |||
| Derivative instruments and hedges, liabilities | 36,566 | 28,861 | 3,994 | 1,320 | |||
| Deferred tax liabilities | 25,789 | ||||||
| Due to related parties | 6,459 | ||||||
| Other undisclosed current liabilities | 9,227 | ||||||
| Total current liabilities: | 206,561 | 108,269 | 77,402 | 130,041 | |||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation | 1,509,128 | 1,132,275 | 698,650 | 500,000 | |||
| Long-term debt, excluding current maturities | 1,509,128 | 1,132,275 | 698,650 | 500,000 | |||
| Liabilities, other than long-term debt | 21,571 | 339,155 | 344,935 | 334,135 | |||
| Asset retirement obligations | 7,063 | 4,873 | |||||
| Deferred tax liabilities, net | 323,239 | 337,872 | 329,262 | ||||
| Other liabilities | 15,849 | 15,916 | |||||
| Derivative instruments and hedges, liabilities | 5,722 | ||||||
| Other undisclosed noncurrent liabilities | 210,568 | ||||||
| Total noncurrent liabilities: | 1,741,267 | 1,471,430 | 1,043,585 | 834,135 | |||
| Total liabilities: | 1,947,828 | 1,579,699 | 1,120,987 | 964,176 | |||
| Equity | |||||||
| Equity, attributable to parent | 4,322,358 | 3,416,728 | 1,858,584 | 1,325,771 | |||
| Common stock | 1,586 | 1,419 | 1,008 | 779 | |||
| Additional paid in capital | 4,128,659 | 3,455,916 | 1,873,332 | 1,322,494 | |||
| Retained earnings (accumulated deficit) | 192,113 | (40,607) | (15,756) | 2,498 | |||
| Total equity: | 4,322,358 | 3,416,728 | 1,858,584 | 1,325,771 | |||
| TOTAL LIABILITIES AND EQUITY: | 6,270,186 | 4,996,427 | 2,979,571 | 2,289,947 | |||
Income Statement (P&L) ($ in thousands)
| 3/31/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|
| Revenues | 803,708 | 353,857 | 283,992 | 281,925 | ||
| Revenue, net | 741,044 | 353,857 | 283,992 | 281,925 | ||
| Cost of revenue | (174,512) | (79,353) | (226,852) | (53,891) | ||
| Cost of goods and services sold | (122,893) | (57,778) | (53,124) | (34,704) | ||
| Gross profit: | 629,196 | 274,504 | 57,140 | 228,034 | ||
| Operating expenses | (396,386) | (243,410) | (64,608) | (135,112) | ||
| Other undisclosed operating loss | (306) | (13) | ||||
| Operating income (loss): | 232,810 | 31,094 | (7,774) | 92,909 | ||
| Nonoperating income (expense) | (118,302) | (74,651) | (22,163) | 67,395 | ||
| Investment income, nonoperating | (39,279) | (23,760) | 20,906 | 81,470 | ||
| Interest and debt expense | (82,459) | (52,724) | (43,538) | (14,031) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 82,459 | 52,724 | 43,538 | 14,031 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 114,508 | (43,557) | (29,937) | 160,304 | ||
| Loss from equity method investments | (98) | |||||
| Income (loss) from continuing operations before income taxes: | 114,508 | (43,557) | (29,937) | 160,206 | ||
| Income tax expense (benefit) | 117,628 | 18,706 | 11,683 | (157,806) | ||
| Income (loss) from continuing operations: | 232,136 | (24,851) | (18,254) | 2,400 | ||
| Income (loss) before gain (loss) on sale of properties: | 232,136 | (24,851) | (18,254) | 2,400 | ||
| Net income (loss): | 232,136 | (24,851) | (18,254) | 2,400 | ||
| Other undisclosed net income attributable to parent | 98 | |||||
| Net income (loss) attributable to parent: | 232,136 | (24,851) | (18,254) | 2,498 | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (1,161) | ✕ | ✕ | ✕ | ||
| Net income (loss) available to common stockholders, basic: | 230,975 | (24,851) | (18,254) | 2,498 | ||
| Other undisclosed net loss available to common stockholders, diluted | (15) | |||||
| Net income (loss) available to common stockholders, diluted: | 230,975 | (24,851) | (18,254) | 2,483 | ||
Comprehensive Income ($ in thousands)
| 3/31/2018 TTM | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | 232,136 | (24,851) | (18,254) | 2,400 | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 232,136 | (24,851) | (18,254) | 2,400 | ||
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.