Warren Resources Inc (WRES) financial statements (2020 and earlier)

Company profile

Business Address 1331 17TH STREET
DENVER, CO 80202
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6272128
Cash and cash equivalents6272128
Restricted cash and investments 1000
Receivables1110202218
Derivative instruments and hedges, assets1114  
Prepaid expense and other current assets1
Other current assets5512
Total current assets:2255273528
Noncurrent Assets
Property, plant and equipment312201918
Oil and gas property, full cost method68163753335302
Derivative instruments and hedges   0 
Restricted cash and investments  111
Deferred costs 1314  
Other noncurrent assets3334
Prepaid expense and other noncurrent assets4
Total noncurrent assets:102180792359325
TOTAL ASSETS:124234819395353
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1443573929
Other undisclosed accounts payable and accrued liabilities1443573929
Debt 477   
Derivative instruments and hedges, liabilities6  40
Other undisclosed current liabilities 0022
Total current liabilities:21520584531
Noncurrent Liabilities
Long-term debt and lease obligation  13596101
Long-term debt, excluding current maturities  13596101
Liabilities, other than long-term debt14038362827
Due to related parties140    
Other liabilities 38362827
Derivative instruments and hedges, liabilities    1
Other undisclosed noncurrent liabilities39 298  
Total noncurrent liabilities:18038468124128
Total liabilities:200558526169160
Stockholders' equity
Stockholders' equity attributable to parent(76)(324)293226193
Preferred stock 0000
Common stock00000
Treasury stock, value    (1)
Additional paid in capital91517513470468
Accumulated other comprehensive income 0000
Accumulated deficit(167)(841)(221)(245)(275)
Total stockholders' equity:(76)(324)293226193
TOTAL LIABILITIES AND EQUITY:124234819395353

Income statement (P&L) ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
 88151129122
Other undisclosed gross profit (51)(51)(37)(33)
Gross profit: 371009289
Operating expenses (713)(127)(97)(100)
Other undisclosed operating income 51513733
Operating income (loss): (625)243222
Nonoperating income (expense) 50(1)(6)
Investment income, nonoperating 207(3)(3)
Interest and debt expense 14(10)(3)(3)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (14)1033
Income (loss) from continuing operations before income taxes: (620)243016
Income tax expense (benefit) (0)0 0
Net income (loss): (620)243016
Other undisclosed net loss attributable to parent   (0) 
Net income (loss) attributable to parent: (620)243016
Preferred stock dividends and other adjustments (0)(0)(0)(0)
Net income (loss) available to common stockholders, diluted: (620)243016

Comprehensive Income ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income (loss): (620)243016
Other comprehensive loss (0)(0)  
Comprehensive income (loss): (620)243016
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 00(0)0
Comprehensive income (loss), net of tax, attributable to parent: (620)243016

Statements sources

The financial statements are based on the company's filings with the 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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