Petrolia Energy Corp. (BBLS) financial statements (2020 and earlier)

Company profile

Business Address 710 N. POST OAK ROAD
HOUSTON, TX 77024
State of Incorp. TX
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)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments00000
Cash and cash equivalents00000
Receivables 0000
Other current assets00000
Total current assets:00000
Noncurrent Assets
Property, plant and equipment121313 4
Oil and gas property, full cost method   4 
Long-term investments and receivables  0  
Accounts and financing receivable, after allowance for credit loss  0  
Intangible assets, net (including goodwill) 00  
Intangible assets, net (excluding goodwill) 00  
Other noncurrent assets   0 
Total noncurrent assets:12131344
TOTAL ASSETS:13141344
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities11100
Accounts payable00000
Accrued liabilities11000
Debt00000
Due to related parties1010 
Deferred revenue and credits  00
Other undisclosed current liabilities1 1  
Total current liabilities:32310
Noncurrent Liabilities
Long-term debt and lease obligation10 00
Long-term debt, excluding current maturities10 00
Liabilities, other than long-term debt20300
Asset retirement obligations20000
Due to related parties  3  
Derivative instruments and hedges, liabilities0    
Total noncurrent liabilities:20300
Total liabilities:52610
Stockholders' equity
Stockholders' equity attributable to parent812733
Preferred stock00   
Common stock00000
Additional paid in capital57231597
Accumulated other comprehensive income0    
Accumulated deficit(50)(11)(8)(6)(4)
Total stockholders' equity:812733
TOTAL LIABILITIES AND EQUITY:13141344

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

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues10001
Revenue, net0001
Cost of revenue
(Cost of Goods and Services Sold)
 (0)(0)(0)(0)
Gross profit:1(0)0(0)0
Operating expenses(9)(3)(2)(2)(2)
Other undisclosed operating income 000 
Operating loss:(8)(3)(2)(2)(2)
Nonoperating income (expense)(30)(0)(0)0 
Other nonoperating income (expense)(30)(0)00 
Interest and debt expense(0)(0)(0)(0) 
Other undisclosed income from continuing operations before equity method investments, income taxes    0
Loss from continuing operations before equity method investments, income taxes:(38)(3)(2)(2)(2)
Other undisclosed income (loss) from continuing operations before income taxes000(0) 
Loss from continuing operations before income taxes:(38)(3)(2)(2)(2)
Income tax expense    (0)
Net loss:(38)(3)(2)(2)(2)
Net loss attributable to noncontrolling interest(0)    
Other undisclosed net income attributable to parent0   0
Net loss attributable to parent:(38)(3)(2)(2)(2)
Other undisclosed net loss available to common stockholders, basic(0)(0)   
Net loss available to common stockholders, diluted:(38)(3)(2)(2)(2)

Comprehensive Income ($ in millions)

12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net loss:(38)(3)(2)(2)(2)
Other comprehensive income0    
Comprehensive loss:(38)(3)(2)(2)(2)
Comprehensive loss, net of tax, attributable to noncontrolling interest(0)    
Other undisclosed comprehensive income, net of tax, attributable to parent0    
Comprehensive loss, net of tax, attributable to parent:(38)(3)(2)(2)(2)

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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