Carbon Energy Corporation (CRBO) financial statements (2020 and earlier)

Company profile

Business Address 1700 BROADWAY, SUITE 1170
DENVER, CO 80290
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 investments4621010
Cash and cash equivalents4621010
Receivables13222123
Inventory, net of allowances, customer advances and progress billings31    
Inventory31     
Derivative instruments and hedges, assets710 01 
Other undisclosed current assets32443111
Total current assets:283486364
Noncurrent Assets
Operating lease, right-of-use asset7
Property, plant and equipment2652713736283442
Oil and gas property, full cost method     3341
Long-term investments and receivables11141111
Long-term investments11141111
Derivative instruments and hedges34     
Other noncurrent assets1111011
Other undisclosed noncurrent assets     (33)(41)
Total noncurrent assets:2762775237303643
TOTAL ASSETS:3053116043334247
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:3135119687
Accounts payable9105422 
Accrued liabilities150000 
Taxes payable     0 
Other undisclosed accounts payable and accrued liabilities211965457
Debt2      
Derivative instruments and hedges, liabilities   1  0
Asset retirement obligation     00
Other undisclosed current liabilities14601000
Total current liabilities:46411111687
Noncurrent Liabilities
Long-term debt and lease obligation510922164213
Long-term debt, excluding current maturities 10922164213
Operating lease, liability5
Liabilities, other than long-term debt636976333
Asset retirement obligations191975333
Due to related parties4450     
Derivative instruments and hedges, liabilities   1  0
Other undisclosed noncurrent liabilities1081631011
Total noncurrent liabilities:17719432237617
Total liabilities:2232354434131424
Stockholders' equity
Stockholders' equity attributable to parent5448157172419
Preferred stock00     
Common stock0001111
Additional paid in capital85855957545355
Accumulated deficit(32)(37)(44)(51)(38)(30)(37)
Stockholders' equity attributable to noncontrolling interest282822233
Total stockholders' equity:8176169202722
TOTAL LIABILITIES AND EQUITY:3053116043334247

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
Revenues12053228122419
Revenue, net228122419
Cost of revenue(56)(23)(12)(7)(8)(10)(8)
Cost of goods and services sold(5)(4)(8)(5)(5)(5)(4)
Gross profit:643011141410
Operating expenses(36)(19)(8)(13)(13)(6)(5)
Operating income (loss):28113(13)(9)85
Nonoperating income (expense)(11)23(0)(0)(0)(1)
Investment income, nonoperating0  0   
Interest and debt expense2(1)(0)(0)(0)(0)(1)
Other undisclosed income from continuing operations before equity method investments, income taxes   13   
Income (loss) from continuing operations before equity method investments, income taxes:20126(0)(9)74
Income (loss) from equity method investments   (0) 0(0)
Other undisclosed income (loss) from continuing operations before income taxes(2)10(12)001
Income (loss) from continuing operations before income taxes:18136(13)(9)84
Income tax expense (benefit)  044(0) 
Income (loss) before gain (loss) on sale of properties:18136(8)(5)74
Other undisclosed net loss   (4)(4)  
Net income (loss):18136(13)(9)74
Net income (loss) attributable to noncontrolling interest(6)(4)001(0)0
Other undisclosed net loss attributable to parent(1)(1)(0)    
Net income (loss) attributable to parent:1076(12)(8)74
Preferred stock dividends and other adjustments(0)      
Net income (loss) available to common stockholders, basic:1076(12)(8)74
Dilutive securities, effect on basic earnings per share1      
Other undisclosed net loss available to common stockholders, diluted(1)      
Net income (loss) available to common stockholders, diluted:1076(12)(8)74

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):18136(13)(9)74
Comprehensive income (loss):18136(13)(9)74
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(6)(4)001(0)(0)
Comprehensive income (loss), net of tax, attributable to parent:1186(12)(8)74

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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