Stone Energy Corp (SGY) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
625 E KALISTE SALOOM RD LAFAYETTE, LA 70508 |
| 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
| 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 263,495 | 245,714 | 207,979 | 189,239 | 190,581 | 182,399 | |||
| Cash and cash equivalents | 263,495 | 245,714 | 207,979 | 180,239 | 190,581 | 182,399 | |||
| Short-term investments | 9,000 | ||||||||
| Restricted cash and investments | 18,742 | 37,684 | 48,641 | ||||||
| Receivables | 75,518 | 63,342 | 60,423 | 57,896 | 74,550 | 63,926 | |||
| Derivative instruments and hedges, assets | 879 | 2,565 | 7,965 | 3,398 | 6,261 | ||||
| Other current assets | 7,138 | 9,295 | 8,627 | 11,150 | 10,151 | 11,176 | |||
| Other undisclosed current assets | 65,068 | ||||||||
| Total current assets: | 365,772 | 358,600 | 333,635 | 326,751 | 275,282 | 263,762 | |||
| Noncurrent Assets | |||||||||
| Nontrade receivables | 4,700 | ||||||||
| Property, plant and equipment | 17,275 | 18,433 | 19,191 | 20,741 | 26,213 | 27,227 | |||
| Derivative instruments and hedges | 1,040 | 3,382 | 3,185 | ||||||
| Deferred costs | 5,100 | 8,746 | |||||||
| Other noncurrent assets | 13,844 | 18,252 | 17,951 | 16,993 | 26,474 | 29,800 | |||
| Other undisclosed noncurrent assets | 456,782 | 485,877 | 494,560 | 503,634 | 802,768 | 910,018 | |||
| Total noncurrent assets: | 493,001 | 523,602 | 535,084 | 544,553 | 864,201 | 971,745 | |||
| TOTAL ASSETS: | 858,773 | 882,202 | 868,719 | 871,304 | 1,139,483 | 1,235,507 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 55,911 | 43,364 | 25,543 | 27,682 | 20,790 | 52,176 | |||
| Interest and dividends payable | 1,685 | 10,244 | 6,226 | 1,649 | 809 | 22,917 | |||
| Accounts payable | 54,226 | 33,120 | 19,317 | 26,033 | 19,981 | 29,259 | |||
| Debt | 425 | 421 | 416 | 412 | 408 | 292,795 | |||
| Derivative instruments and hedges, liabilities | 8,969 | 368 | 305 | ||||||
| Asset retirement obligation | 79,300 | 84,654 | 85,000 | 85,498 | 88,000 | 60,223 | |||
| Other liabilities | 22,579 | 28,503 | 26,369 | 17,500 | 18,602 | 10,903 | |||
| Other undisclosed current liabilities | 5,142 | 5,439 | 968 | 1,428 | 15,073 | 7,439 | |||
| Total current liabilities: | 172,326 | 162,749 | 138,601 | 132,520 | 142,873 | 423,536 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 235,502 | 235,567 | 235,711 | 235,813 | 352,376 | 1,122,945 | |||
| Long-term debt, excluding current maturities | 235,502 | 235,567 | 235,711 | 235,813 | 352,376 | 1,122,945 | |||
| Liabilities, other than long-term debt | 142,777 | 193,140 | 205,460 | 207,427 | 171,334 | 208,687 | |||
| Asset retirement obligations | 133,801 | 182,956 | 194,808 | 189,870 | 154,019 | 182,816 | |||
| Other liabilities | 5,891 | 10,110 | 10,652 | 17,557 | 17,315 | 25,871 | |||
| Derivative instruments and hedges, liabilities | 3,085 | 74 | |||||||
| Other undisclosed noncurrent liabilities | 1,110,182 | ||||||||
| Total noncurrent liabilities: | 378,279 | 428,707 | 441,171 | 443,240 | 1,633,892 | 1,331,632 | |||
| Total liabilities: | 550,605 | 591,456 | 579,772 | 575,760 | 1,776,765 | 1,755,168 | |||
| Equity | |||||||||
| Equity, attributable to parent | 308,168 | 290,746 | 288,947 | 295,544 | (637,282) | (519,661) | |||
| Common stock | 200 | 200 | 200 | 200 | 56 | 56 | |||
| Treasury stock, value | (860) | (860) | |||||||
| Additional paid in capital | 555,607 | 555,323 | 554,821 | 554,957 | 1,659,731 | 1,657,028 | |||
| Accumulated other comprehensive income | 3,918 | ||||||||
| Accumulated deficit | (247,639) | (264,777) | (266,074) | (259,613) | (2,296,209) | (2,179,803) | |||
| Total equity: | 308,168 | 290,746 | 288,947 | 295,544 | (637,282) | (519,661) | |||
| TOTAL LIABILITIES AND EQUITY: | 858,773 | 882,202 | 868,719 | 871,304 | 1,139,483 | 1,235,507 | |||
Income Statement (P&L) ($ in thousands)Annual | Quarterly
| 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 79,525 | 76,722 | 25,809 | 113,107 | 94,427 | |||
| Revenue, net | 79,525 | 71,269 | 23,163 | 113,107 | 94,427 | |||
| Cost of revenue (Cost of Goods and Services Sold) | (11,778) | (16,636) | (4,740) | (9,103) | (10,633) | |||
| Gross profit: | 67,747 | 60,086 | 21,069 | 104,004 | 83,794 | |||
| Operating expenses | (76,740) | (81,268) | (284,403) | (203,341) | (166,555) | |||
| Other undisclosed operating income | 11,646 | 16,663 | 4,740 | 27,760 | ||||
| Operating income (loss): | 2,653 | (4,519) | (258,594) | (71,577) | (82,761) | |||
| Nonoperating expense | (2,934) | (3,934) | (1,019) | (25,535) | (16,610) | |||
| Investment income, nonoperating | 366 | 169 | 40 | 76 | 58 | |||
| Interest and debt expense | (3,529) | (3,601) | (1,190) | (14,694) | (16,924) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 64,458 | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (3,810) | (12,054) | (260,803) | (47,348) | (116,295) | |||
| Other undisclosed income (loss) from continuing operations before income taxes | 3,529 | 3,601 | 1,190 | (68,421) | 27,557 | |||
| Income (loss) from continuing operations before income taxes: | (281) | (8,453) | (259,613) | (115,769) | (88,738) | |||
| Income tax expense (benefit) | 1,578 | 1,992 | (637) | (897) | ||||
| Income (loss) from continuing operations: | 1,297 | (6,461) | (259,613) | (116,406) | (89,635) | |||
| Income (loss) before gain (loss) on sale of properties: | 1,297 | (6,461) | (259,613) | (116,406) | (89,635) | |||
| Net income (loss) attributable to parent: | 1,297 | (6,461) | (259,613) | (116,406) | (89,635) | |||
| Undistributed earnings (loss) allocated to participating securities, basic | (4) | ✕ | ✕ | |||||
| Net income (loss) available to common stockholders, basic: | 1,293 | (6,461) | (259,613) | (116,406) | (89,635) | |||
| Other undisclosed net income available to common stockholders, diluted | ||||||||
| Net income (loss) available to common stockholders, diluted: | 1,293 | (6,461) | (259,613) | (116,406) | (89,635) | |||
Comprehensive Income ($ in thousands)Annual | Quarterly
| 3/31/2018 Q1 | 12/31/2017 Q4 | 9/30/2017 Q3 | 6/30/2017 Q2 | 3/31/2017 Q1 | 12/31/2016 Q4 | 9/30/2016 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,297 | (6,461) | (259,613) | (116,406) | (89,635) | |||
| Comprehensive income (loss): | 1,297 | (6,461) | (259,613) | (116,406) | (89,635) | |||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (3,918) | (3,467) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,297 | (6,461) | (259,613) | (120,324) | (93,102) | |||
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.