Bonanza Creek Energy, Inc. (BCEI) financial statements (2020 and earlier)
Company profile
| Business Address |
410 17TH STREET, SUITE 1500 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)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8 | 13 | 81 | 21 | 3 | 181 | |||
| Cash and cash equivalents | 8 | 13 | 81 | 21 | 3 | 181 | |||
| Receivables | 42 | 32 | 14 | 25 | 55 | 57 | |||
| Inventory, net of allowances, customer advances and progress billings | 7 | 3 | 5 | 9 | 15 | 11 | |||
| Inventory | 7 | 3 | 5 | 9 | 15 | 11 | |||
| Derivative instruments and hedges, assets | 16 | 34 | 30 | 86 | 1 | ||||
| Other undisclosed current assets | 45 | 52 | 13 | 35 | 50 | 15 | |||
| Total current assets: | 119 | 135 | 112 | 120 | 208 | 264 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 38 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 1,035 | 918 | 1,019 | 1,137 | 1,756 | 1,268 | |||
| Oil and gas property, successful effort method | 1,678 | ||||||||
| Derivative instruments and hedges | 4 | 4 | 18 | 0 | |||||
| Deferred costs | 19 | 14 | |||||||
| Other noncurrent assets | 4 | 5 | 3 | 16 | 23 | 14 | |||
| Assets held-for-sale, long lived | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 0 | ||
| Other undisclosed noncurrent assets | (1,697) | (14) | |||||||
| Total noncurrent assets: | 1,081 | 927 | 1,022 | 1,153 | 1,798 | 1,282 | |||
| TOTAL ASSETS: | 1,200 | 1,062 | 1,134 | 1,273 | 2,006 | 1,546 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 64 | 79 | 61 | 96 | 146 | 122 | |||
| Accounts payable | 15 | 12 | 1 | 1 | 5 | ||||
| Accrued liabilities | 2 | 2 | 3 | 5 | 4 | 5 | |||
| Settlement liabilities | 7 | ✕ | |||||||
| Other undisclosed accounts payable and accrued liabilities | 47 | 66 | 50 | 91 | 137 | 116 | |||
| Debt | 11 | 985 | 12 | 12 | 12 | ||||
| Derivative instruments and hedges, liabilities | 0 | 0 | 5 | ||||||
| Asset retirement obligation | 0 | ||||||||
| Accrued reclamation costs | 0 | 0 | |||||||
| Other undisclosed current liabilities | 29 | 20 | 24 | 28 | 40 | 36 | |||
| Total current liabilities: | 104 | 99 | 1,070 | 136 | 198 | 175 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 28 | 50 | 841 | 509 | |||||
| Long-term debt, excluding current maturities | 50 | 841 | 509 | ||||||
| Operating lease, liability | 28 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 0 | 31 | 15 | 187 | 165 | ||||
| Asset retirement obligations | 31 | 15 | 21 | 11 | |||||
| Deferred tax liabilities, net | ✕ | 166 | 153 | ||||||
| Derivative instruments and hedges, liabilities | 0 | 1 | |||||||
| Other undisclosed noncurrent liabilities | 130 | 48 | 14 | 913 | 40 | 41 | |||
| Total noncurrent liabilities: | 158 | 98 | 45 | 928 | 1,068 | 715 | |||
| Total liabilities: | 262 | 198 | 1,115 | 1,064 | 1,266 | 890 | |||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 938 | 864 | 19 | 209 | 740 | 656 | |||
| Common stock | 4 | 4 | 0 | 0 | 0 | 0 | |||
| Additional paid in capital | 701 | 696 | 815 | 806 | 592 | 528 | |||
| Retained earnings (accumulated deficit) | 233 | 163 | (796) | (597) | 149 | 128 | |||
| Total stockholders' equity: | 938 | 864 | 19 | 209 | 740 | 656 | |||
| TOTAL LIABILITIES AND EQUITY: | 1,200 | 1,062 | 1,134 | 1,273 | 2,006 | 1,546 | |||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 300 | 277 | 195 | 293 | 559 | 422 | ||
| Revenue, net | ✕ | ✕ | 195 | 293 | 559 | 422 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (0) | (4) | (76) | (72) | (48) | |||
| Other undisclosed gross profit | (0) | |||||||
| Gross profit: | 300 | 276 | 191 | 216 | 486 | 374 | ||
| Operating expenses | (183) | (164) | (324) | (1,200) | (606) | (275) | ||
| Other undisclosed operating income | 0 | 0 | 4 | 76 | 72 | 48 | ||
| Operating income (loss): | 117 | 112 | (129) | (907) | (48) | 147 | ||
| Nonoperating income (expense) | 59 | 56 | (70) | (3) | 76 | (34) | ||
| Other nonoperating income (expense) | (0) | 1 | (3) | (3) | 0 | (0) | ||
| Interest and debt expense | (2) | (3) | (62) | (57) | (46) | (22) | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 174 | 166 | (261) | (967) | (18) | 91 | ||
| Other undisclosed income from continuing operations before income taxes | 2 | 3 | 62 | 57 | 46 | 22 | ||
| Income (loss) from continuing operations before income taxes: | 176 | 168 | (199) | (910) | 28 | 113 | ||
| Income tax expense (benefit) | 165 | (13) | (43) | |||||
| Income (loss) from continuing operations: | 176 | 168 | (199) | (746) | 15 | 70 | ||
| Income (loss) from discontinued operations | (2) | 0 | ||||||
| Net income (loss) attributable to parent: | 176 | 168 | (199) | (746) | 13 | 70 | ||
| Other undisclosed net income (loss) available to common stockholders, basic | 8 | (1) | ||||||
| Net income (loss) available to common stockholders, diluted: | 176 | 168 | (199) | (746) | 20 | 69 | ||
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 176 | 168 | (199) | (746) | 13 | 70 | ||
| Comprehensive income (loss): | 176 | 168 | (199) | (746) | 13 | 70 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 8 | (1) | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 176 | 168 | (199) | (746) | 20 | 69 | ||
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.