Goodrich Petroleum Corporation (GDP) financial statements (2022 and earlier)

Company profile

Business Address 801 LOUISIANA
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)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 114  12
Cash and cash equivalents 114  12
Receivables 111  1
Inventory, net of allowances, customer advances and progress billings 001  6
Inventory 001  6
Derivative instruments and hedges, assets 091   
Other undisclosed current assets 111215  5
Total current assets: 142321  23
Noncurrent Assets
Property, plant and equipment 189213165  71
Derivative instruments and hedges  0    
Deferred costs      5
Deferred income tax assets  0
Other noncurrent assets 221   
Deferred tax assets, net1   
Other undisclosed noncurrent assets      0
Total noncurrent assets: 191216167  76
TOTAL ASSETS: 205239188  99
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 4143420 32
Accounts payable 2826260 20
Accrued liabilities 131717  13
Debt      471
Derivative instruments and hedges, liabilities 1    0
Asset retirement obligation      0
Deferred tax liabilities   0
Customer advances and deposits2  
Total current liabilities: 4243422 503
Noncurrent Liabilities
Long-term debt and lease obligation 11310577   
Long-term debt, excluding current maturities 11010477   
Operating lease, liability 31
Liabilities, other than long-term debt 9747 4
Asset retirement obligations 5447 4
Other liabilities      0
Derivative instruments and hedges, liabilities 430   
Total noncurrent liabilities: 122112817 4
Total liabilities: 16415512310 507
Stockholders' equity
Stockholders' equity attributable to parent, including: 428464  (408)
Common stock 000  13
Treasury stock, value      (0)
Additional paid in capital 838175  1,070
Retained earnings (accumulated deficit) (41)3(11)  (1,492)
Other undisclosed stockholders' equity attributable to parent      2
Total stockholders' equity: 428464  (408)
TOTAL LIABILITIES AND EQUITY: 20523918810 99

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

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 9411888  78
Revenue, net  79
Cost of revenue
(Cost of Goods and Services Sold)
      (1)
Gross profit: 9411888  76
Operating expenses (135)(107)(71)(2) (572)
Other undisclosed operating income      1
Operating income (loss): (42)1117(2) (495)
Nonoperating income (expense) (2)2(15)  15
Investment income, nonoperating 415(4)  7
Interest and debt expense (7)(2)(12)  63
Income (loss) from continuing operations before equity method investments, income taxes: (51)11(10)(2) (417)
Other undisclosed income (loss) from continuing operations before income taxes 7212  (63)
Income (loss) from continuing operations before income taxes: (44)132(2) (479)
Income tax benefit   0   
Net income (loss) attributable to parent: (44)132(2) (479)
Preferred stock dividends and other adjustments      (95)
Other undisclosed net income available to common stockholders, basic      164
Net income (loss) available to common stockholders, diluted: (44)132(2) (410)

Comprehensive Income ($ in millions)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss): (44)132(2) (479)
Comprehensive income (loss), net of tax, attributable to parent: (44)132(2) (479)

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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