Cardinal Energy Group Inc (CEGX) financial statements (2020 and earlier)

Company profile

Business Address TWO GALLERIA TOWER, 13455 NOEL ROAD,
DALLAS,, TX 75240
State of Incorp. NV
Fiscal Year End December 31
SIC 1382 - Oil and Gas Field Exploration Services (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments205518543128
Cash and cash equivalents124115193
Short-term investments18316924125
Receivables15306235 17
Prepaid expense 2133239
Prepaid expense and other current assets3
Other undisclosed current assets (126) 5(3)
Total current assets:3525675286145
Noncurrent Assets
Property, plant and equipment472443405620
Other undisclosed noncurrent assets503723,5231,405657
Total noncurrent assets:976163,8631,461677
TOTAL ASSETS:1328724,6151,547822
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:63690844823451
Interest and dividends payable  159  
Other undisclosed accounts payable and accrued liabilities63690829023451
Debt5,5804,5004,205418 
Derivative instruments and hedges, liabilities23,7172,35638333 
Asset retirement obligation    8
Other undisclosed current liabilities3,0951,1957875189
Total current liabilities:33,0288,9595,823689248
Noncurrent Liabilities
Long-term debt and lease obligation 88 400 
Long-term debt, excluding current maturities 88 400 
Liabilities, other than long-term debt 96162  
Asset retirement obligations 96162  
Other undisclosed noncurrent liabilities 43782118
Total noncurrent liabilities: 2262406118
Total liabilities:33,0289,1856,0631,300256
Stockholders' equity
Stockholders' equity attributable to parent, including:(32,896)(8,313)(1,448)247566
Preferred stock00   
Common stock41000
Treasury stock, value(2,013)(2,013)(2,013)  
Additional paid in capital11,1309,8428,0595,2943,519
Accumulated other comprehensive loss(2,199)(2,187)(2,148)(2,194)(2,093)
Accumulated deficit(39,817)(13,955)(5,342)(2,850)(860)
Warrants and rights outstanding    0
Other undisclosed stockholders' equity attributable to parent  (4)(4)(0)
Total stockholders' equity:(32,896)(8,313)(1,448)247566
TOTAL LIABILITIES AND EQUITY:1328724,6151,547822

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

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues19191,8661721
Revenue, net 2971651721
Financial services revenue  515  
Other income8 
Cost of revenue(36)(74)(410)(14)(517)
Cost of goods and services sold(36)(74)(410)(14)(44)
Other undisclosed gross profit    495
Gross profit:(34)8441,4563(1)
Operating expenses(1,316)(4,692)(3,250)(1,574)(302)
Other undisclosed operating income (loss)367441014(517)
Operating loss:(1,314)(3,773)(1,384)(1,558)(819)
Nonoperating expense(24,548)(4,840)(1,014)(433) 
Other nonoperating expense(24,548)(4,840)(1,107)(433) 
Interest and debt expense(987)27(1,523)(532)8
Loss from continuing operations before income taxes:(26,849)(8,586)(3,921)(2,522)(812)
Income tax benefit    330
Net loss:(26,849)(8,586)(3,921)(2,522)(482)
Other undisclosed net income (loss) attributable to parent987(27)1,430532(337)
Net loss available to common stockholders, diluted:(25,862)(8,613)(2,491)(1,990)(819)

Comprehensive Income ($ in thousands)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net loss:(26,849)(8,586)(3,921)(2,522)(482)
Comprehensive loss:(26,849)(8,586)(3,921)(2,522)(482)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent975(66)1,475431(217)
Comprehensive loss, net of tax, attributable to parent:(25,874)(8,652)(2,446)(2,091)(699)

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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