BPZ Resources Inc (BPZ) financial statements (2022 and earlier)

Company profile

Business Address 580 WESTLAKE PARK BLVD.
HOUSTON, TX 77079
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 thousands)

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments62,14957,39583,540
Cash and cash equivalents62,14957,39583,540
Receivables6,40121,63024,523
Inventory, net of allowances, customer advances and progress billings11,87817,36819,851
Inventory11,87817,36819,851
Prepaid expense3,1844,327
Deferred costs1,944  
Prepaid expense and other current assets5,734
Income taxes receivable2,134 
Other undisclosed current assets97612,83245,698
Total current assets:86,532115,686179,346
Noncurrent Assets
Nontrade receivables2,150
Property, plant and equipment165,971217,753238,557
Oil and gas property, successful effort method147,071  
Restricted cash and investments2,2094,10947,670
Deferred costs 3,2934,768
Other noncurrent assets2,1505,065
Prepaid expense and other noncurrent assets5,983
Deferred tax assets, net33,99763,60255,242
Other undisclosed noncurrent assets(148,720)(2,759)(4,136)
Total noncurrent assets:204,828291,063348,084
TOTAL ASSETS:291,360406,749527,430
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities15,78714,37388,243
Accounts payable4,3803,12721,978
Accrued liabilities6,52411,24634,013
Taxes payable  32,252
Interest and dividends payable4,883  
Debt214,312 24,046
Derivative instruments and hedges, liabilities 302,984
Other liabilities22,53324,494 
Other undisclosed current liabilities 5,1195,234
Total current liabilities:252,63244,016120,507
Noncurrent Liabilities
Long-term debt and lease obligation, including: 206,939197,160
Long-term debt, excluding current maturities 206,939170,900
Other undisclosed long-term debt and lease obligation  26,260
Liabilities, other than long-term debt5,33018,31923,463
Asset retirement obligations5,3301,5642,708
Other liabilities 16,75520,755
Total noncurrent liabilities:5,330225,258220,623
Total liabilities:257,962269,274341,130
Stockholders' equity
Stockholders' equity attributable to parent33,398137,475186,300
Common stock572,890569,061560,175
Accumulated deficit(539,492)(431,586)(373,875)
Total stockholders' equity:33,398137,475186,300
TOTAL LIABILITIES AND EQUITY:291,360406,749527,430

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

12/31/2014
12/31/2013
12/31/2012
Revenues
(Revenue, Net)
83,89750,729122,958
Cost of revenue(41,908)(46,378)(93,378)
Cost of goods and services sold(28,571)(24,893)(52,458)
Gross profit:41,9894,35129,580
Operating expenses(99,664)(40,765)(58,187)
Operating loss:(57,675)(36,414)(28,607)
Nonoperating expense(19,257)(27,072)(26,096)
Other nonoperating expense(351)(4,268)(159)
Interest and debt expense(19,915)(23,380)(23,433)
Other undisclosed income from continuing operations before equity method investments, income taxes19,91523,38023,433
Loss from continuing operations before income taxes:(76,932)(63,486)(54,703)
Income tax expense (benefit)(30,974)5,77515,614
Net loss available to common stockholders, diluted:(107,906)(57,711)(39,089)

Comprehensive Income ($ in thousands)

12/31/2014
12/31/2013
12/31/2012
Net loss:(107,906)(57,711)(39,089)
Comprehensive loss, net of tax, attributable to parent:(107,906)(57,711)(39,089)

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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