Venoco Inc (VQ) Financial Statements (2024 and earlier)

Company Profile

Business Address 370 17TH STREET, SUITE 3900
DENVER, CO 80202-1370
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)

12/31/2013
Q4
6/30/2013
Q2
3/31/2013
Q1
12/31/2012
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 3,516643 
Cash and cash equivalents 3,516643 
Receivables 26,69432,031 
Inventory, net of allowances, customer advances and progress billings5,3445,396
Inventory 5,3445,396 
Derivative instruments and hedges, assets 2,128349 
Prepaid expense and other current assets2,8333,771 
Total current assets: 40,51542,190 
Noncurrent Assets
Property, plant and equipment 633,712640,647 
Derivative instruments and hedges 478560 
Deferred costs 14,81015,654 
Prepaid expense and other noncurrent assets5,6895,251 
Other undisclosed noncurrent assets (633,712)(640,647) 
Total noncurrent assets: 20,97721,465 
Other undisclosed assets 633,712640,647 
TOTAL ASSETS: 695,204704,302 
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 40,67740,532 
Other undisclosed accounts payable and accrued liabilities 40,67740,532 
Deferred compensation liability 15,30514,349 
Asset retirement obligation 2,2002,200 
Other undisclosed current liabilities 21,48525,641 
Total current liabilities: 79,66782,722 
Noncurrent Liabilities
Long-term debt and lease obligation 828,145862,931 
Long-term debt, excluding current maturities 828,145862,931 
Liabilities, other than long-term debt 37,76352,795 
Asset retirement obligations 34,62637,609 
Derivative instruments and hedges, liabilities 3,13715,186 
Other undisclosed noncurrent liabilities 8,2985,764 
Total noncurrent liabilities: 874,206921,490 
Total liabilities: 953,8731,004,212 
Equity
Equity, attributable to parent (258,669)(299,910) 
Common stock 299299 
Additional paid in capital 124,349124,349 
Accumulated deficit (383,317)(424,558) 
Total equity: (258,669)(299,910) 
TOTAL LIABILITIES AND EQUITY: 695,204704,302 

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

12/31/2013
Q4
6/30/2013
Q2
3/31/2013
Q1
12/31/2012
Q4
Revenues 82,35987,263 
Revenue, net 81,44985,959 
Cost of revenue (30,866)(30,155) 
Cost of goods and services sold (17,914)(18,531) 
Gross profit: 51,49357,108 
Operating expenses (11,896)(16,744) 
Operating income: 39,59740,364 
Nonoperating income (expense) 1,644(44,607) 
Interest and debt expense (17,401)(40,151) 
Income (loss) from continuing operations: 23,840(44,394) 
Income (loss) before gain (loss) on sale of properties: 23,840(44,394) 
Net income (loss) attributable to parent: 23,840(44,394) 
Other undisclosed net income available to common stockholders, basic 17,40140,151 
Net income (loss) available to common stockholders, diluted: 41,241(4,243) 

Comprehensive Income ($ in thousands)

12/31/2013
Q4
6/30/2013
Q2
3/31/2013
Q1
12/31/2012
Q4
Net income (loss): 23,840(44,394) 
Comprehensive income (loss), net of tax, attributable to parent: 23,840(44,394) 

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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