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)Annual | Quarterly
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 | 3,516 | 643 | ||||
Cash and cash equivalents | 3,516 | 643 | ||||
Receivables | 26,694 | 32,031 | ||||
Inventory, net of allowances, customer advances and progress billings | ✕ | 5,344 | 5,396 | ✕ | ||
Inventory | 5,344 | 5,396 | ||||
Derivative instruments and hedges, assets | 2,128 | 349 | ||||
Prepaid expense and other current assets | ✕ | 2,833 | 3,771 | |||
Total current assets: | 40,515 | 42,190 | ||||
Noncurrent Assets | ||||||
Property, plant and equipment | 633,712 | 640,647 | ||||
Derivative instruments and hedges | 478 | 560 | ||||
Deferred costs | 14,810 | 15,654 | ||||
Prepaid expense and other noncurrent assets | ✕ | 5,689 | 5,251 | |||
Other undisclosed noncurrent assets | (633,712) | (640,647) | ||||
Total noncurrent assets: | 20,977 | 21,465 | ||||
Other undisclosed assets | 633,712 | 640,647 | ||||
TOTAL ASSETS: | 695,204 | 704,302 | ||||
LIABILITIES AND EQUITY | ||||||
Liabilities | ||||||
Current Liabilities | ||||||
Accounts payable and accrued liabilities, including: | 40,677 | 40,532 | ||||
Other undisclosed accounts payable and accrued liabilities | 40,677 | 40,532 | ||||
Deferred compensation liability | 15,305 | 14,349 | ||||
Asset retirement obligation | 2,200 | 2,200 | ||||
Other undisclosed current liabilities | 21,485 | 25,641 | ||||
Total current liabilities: | 79,667 | 82,722 | ||||
Noncurrent Liabilities | ||||||
Long-term debt and lease obligation | 828,145 | 862,931 | ||||
Long-term debt, excluding current maturities | 828,145 | 862,931 | ||||
Liabilities, other than long-term debt | 37,763 | 52,795 | ||||
Asset retirement obligations | 34,626 | 37,609 | ||||
Derivative instruments and hedges, liabilities | 3,137 | 15,186 | ||||
Other undisclosed noncurrent liabilities | 8,298 | 5,764 | ||||
Total noncurrent liabilities: | 874,206 | 921,490 | ||||
Total liabilities: | 953,873 | 1,004,212 | ||||
Equity | ||||||
Equity, attributable to parent | (258,669) | (299,910) | ||||
Common stock | 299 | 299 | ||||
Additional paid in capital | 124,349 | 124,349 | ||||
Accumulated deficit | (383,317) | (424,558) | ||||
Total equity: | (258,669) | (299,910) | ||||
TOTAL LIABILITIES AND EQUITY: | 695,204 | 704,302 |
Income Statement (P&L) ($ in thousands)Annual | Quarterly
12/31/2013 Q4 | 6/30/2013 Q2 | 3/31/2013 Q1 | 12/31/2012 Q4 | ||
---|---|---|---|---|---|
Revenues | 82,359 | 87,263 | |||
Revenue, net | 81,449 | 85,959 | |||
Cost of revenue | (30,866) | (30,155) | |||
Cost of goods and services sold | (17,914) | (18,531) | |||
Gross profit: | 51,493 | 57,108 | |||
Operating expenses | (11,896) | (16,744) | |||
Operating income: | 39,597 | 40,364 | |||
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 | 17,401 | 40,151 | |||
Net income (loss) available to common stockholders, diluted: | 41,241 | (4,243) |
Comprehensive Income ($ in thousands)Annual | Quarterly
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.