ENERGY XXI GULF COAST, INC. (EGC) financial statements (2020 and earlier)

Company profile

Business Address 1021 MAIN STREET
HOUSTON, TX 77002
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)

12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments152
Cash and cash equivalents152
Restricted cash and investments6
Receivables78
Inventory, net of allowances, customer advances and progress billings0
Inventory0
Prepaid expense20
Other undisclosed current assets1
Total current assets:257
Noncurrent Assets
Property, plant and equipment775
Other noncurrent assets45
Total noncurrent assets:820
TOTAL ASSETS:1,077
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities131
Accounts payable85
Accrued liabilities45
Derivative instruments and hedges, liabilities33
Asset retirement obligation51
Other undisclosed current liabilities0
Total current liabilities:215
Noncurrent Liabilities
Long-term debt and lease obligation, including:74
Other undisclosed long-term debt and lease obligation74
Liabilities, other than long-term debt624
Asset retirement obligations613
Other liabilities11
Total noncurrent liabilities:698
Total liabilities:913
Stockholders' equity
Stockholders' equity attributable to parent164
Common stock0
Additional paid in capital911
Accumulated deficit(747)
Total stockholders' equity:164
TOTAL LIABILITIES AND EQUITY:1,077

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

12/31/2017
Revenues512
Cost of revenue(529)
Cost of goods and services sold(320)
Gross profit:(17)
Operating expenses(309)
Operating loss:(326)
Nonoperating expense(15)
Interest and debt expense(15)
Loss from continuing operations before equity method investments, income taxes:(356)
Other undisclosed income from continuing operations before income taxes15
Net loss available to common stockholders, diluted:(341)

Comprehensive Income ($ in millions)

12/31/2017
Net loss:(341)
Comprehensive loss, net of tax, attributable to parent:(341)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: