Eagle Rock Energy Partners LP (EROC) Financial Statements (2024 and earlier)

Company Profile

Business Address THE WEDGE TOWER
HOUSTON, TX 77002
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2015
MRQ
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 154,7917625
Cash and cash equivalents 1,3437625
Short-term investments 153,448  
Receivables 39,596145,963138,732
Inventory, net of allowances, customer advances and progress billings  1,000800
Inventory  1,000800
Prepaid expense 9,9118,183
Derivative instruments and hedges, assets 44,8059,16233,340
Prepaid expense and other current assets191,831
Other current assets 249,103163,384
Other undisclosed current assets (249,103)(164,384)(182,764)
Total current assets: 249,103163,384181,964
Noncurrent Assets
Property, plant and equipment 487,9881,828,7681,968,206
Long-term investments and receivables  900900
Long-term investments  900900
Intangible assets, net (including goodwill) 3,072105,620111,515
Intangible assets, net (excluding goodwill) 3,072105,620111,515
Derivative instruments and hedges 46,4905,4617,953
Regulated entity, other noncurrent assets 5,30015,40019,500
Other noncurrent assets 5,30722,879
Prepaid expense and other noncurrent assets22,922
Investments and other noncurrent assets57,184135,398144,046
Other undisclosed noncurrent assets (60,169)(150,260)(162,790)
Total noncurrent assets: 545,1721,964,1662,112,252
TOTAL ASSETS: 794,2752,127,5502,294,216
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 59,525200,243180,283
Taxes payable 2,24614946
Accounts payable 49,226170,124160,473
Accrued liabilities 8,05329,97019,764
Derivative instruments and hedges, liabilities  11,0231,231
Asset retirement obligation 3,00013,1003,900
Due to related parties  18428
Other liabilities 59,525211,266181,514
Other undisclosed current liabilities (62,525)(224,384)(185,842)
Total current liabilities: 59,525211,266181,514
Noncurrent Liabilities
Long-term debt and lease obligation 263,3431,252,0621,153,103
Long-term debt, excluding current maturities 263,3431,252,0621,153,103
Liabilities, other than long-term debt 80,62288,90589,569
Asset retirement obligations 47,90745,84944,814
Deferred tax liabilities, net 28,00636,51541,344
Other liabilities 4,7092,6931,711
Derivative instruments and hedges, liabilities  3,8481,700
Other undisclosed noncurrent liabilities (261,028)(1,250,624)(1,151,447)
Total noncurrent liabilities: 82,93790,34391,225
Total liabilities: 142,462301,609272,739
Equity
Other undisclosed liabilities and equity 651,8131,825,9412,021,477
TOTAL LIABILITIES AND EQUITY: 794,2752,127,5502,294,216

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

6/30/2015
TTM
12/31/2014
12/31/2013
12/31/2012
Revenues 298,2041,195,279983,959
Cost of revenue (494,396)(1,172,074)(870,767)
Cost of goods and services sold  (790,618)(532,719)
Gross profit: (196,192)23,205113,192
Operating expenses (90,863)(236,689)(209,254)
Operating loss: (287,055)(213,484)(96,062)
Nonoperating expense (70,715)(69,609)(56,243)
Investment income, nonoperating 187,128(37,855)57,894
Interest and debt expense (600) (51,478)
Other undisclosed income from continuing operations before equity method investments, income taxes 600 51,478
Loss from continuing operations before income taxes: (357,770)(283,093)(152,305)
Income tax benefit 5,4035,1141,703
Loss from continuing operations: (352,367)(277,979)(150,602)
Loss before gain (loss) on sale of properties: (139,907)(277,979)(150,602)
Income from discontinued operations 212,460  
Net loss available to common stockholders, diluted: (139,907)(277,979)(150,602)

Comprehensive Income ($ in thousands)

6/30/2015
TTM
12/31/2014
12/31/2013
12/31/2012
Net loss: (139,907)(277,979)(150,602)
Comprehensive loss, net of tax, attributable to parent: (139,907)(277,979)(150,602)

Statements Sources

The financial statements are based on the Company's filings with 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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