LRR Energy LP (LRE) financial statements (2022 and earlier)
Company profile
| Business Address |
HERITAGE PLAZA, SUITE 4600 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 thousands)
| 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 3,576 | 4,417 | 3,467 | ||
| Cash and cash equivalents | 3,576 | 4,417 | 3,467 | ||
| Receivables | 16,821 | 9,867 | 1 | ||
| Prepaid expense | 1,840 | 1,603 | ✕ | ||
| Derivative instruments and hedges, assets | 45,924 | 9,726 | 15,399 | ||
| Prepaid expense and other current assets | ✕ | ✕ | 748 | ||
| Other undisclosed current assets | 7,249 | ||||
| Total current assets: | 68,161 | 25,613 | 26,864 | ||
| Noncurrent Assets | |||||
| Property, plant and equipment | 449,958 | 444,837 | 455,248 | ||
| Oil and gas property, successful effort method | 449,920 | 444,748 | 455,075 | ||
| Derivative instruments and hedges | 38,540 | 16,746 | 18,815 | ||
| Deferred costs | 2,295 | 1,154 | 1,559 | ||
| Other undisclosed noncurrent assets | (449,920) | (444,748) | (455,075) | ||
| Total noncurrent assets: | 490,793 | 462,737 | 475,622 | ||
| TOTAL ASSETS: | 558,954 | 488,350 | 502,486 | ||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 5,506 | 2,300 | 1,415 | ||
| Accrued liabilities | 5,506 | 2,300 | 1,415 | ||
| Derivative instruments and hedges, liabilities | 2,883 | 2,865 | 2,330 | ||
| Asset retirement obligation | 1,065 | 488 | 500 | ||
| Other undisclosed current liabilities | 9,176 | 2,829 | 4,338 | ||
| Total current liabilities: | 18,630 | 8,482 | 8,583 | ||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 280,000 | 250,000 | 228,000 | ||
| Long-term debt, excluding current maturities | 280,000 | 250,000 | 228,000 | ||
| Liabilities, other than long-term debt | 41,687 | 37,610 | 36,068 | ||
| Asset retirement obligations | 40,539 | 35,838 | 31,548 | ||
| Deferred tax liabilities, net | 99 | 44 | 120 | ||
| Derivative instruments and hedges, liabilities | 1,049 | 1,728 | 4,400 | ||
| Total noncurrent liabilities: | 321,687 | 287,610 | 264,068 | ||
| Total liabilities: | 340,317 | 296,092 | 272,651 | ||
| Stockholders' equity | |||||
| Other undisclosed stockholders' equity | 218,637 | 192,258 | 229,835 | ||
| Total stockholders' equity: | 218,637 | 192,258 | 229,835 | ||
| TOTAL LIABILITIES AND EQUITY: | 558,954 | 488,350 | 502,486 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Revenues (Revenue, Net) | 187,905 | 115,095 | 105,494 | |
| Cost of revenue (Cost of Goods and Services Sold) | (25,821) | (25,397) | (25,617) | |
| Gross profit: | 162,084 | 89,698 | 79,877 | |
| Operating expenses | (122,715) | (155,341) | (91,814) | |
| Other undisclosed operating income | 25,821 | 25,397 | 25,617 | |
| Operating income (loss): | 65,190 | (40,246) | 13,680 | |
| Nonoperating expense | (12,262) | (7,979) | (11,246) | |
| Interest and debt expense | (10,472) | (9,235) | (6,596) | |
| Other undisclosed income from continuing operations before equity method investments, income taxes | 10,472 | 9,235 | 6,596 | |
| Income (loss) from continuing operations before income taxes: | 52,928 | (48,225) | 2,434 | |
| Income tax expense | (186) | (56) | (172) | |
| Net income (loss) available to common stockholders, diluted: | 52,742 | (48,281) | 2,262 | |
Comprehensive Income ($ in thousands)
| 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|
| Net income (loss): | 52,742 | (48,281) | 2,262 | |
| Comprehensive income (loss), net of tax, attributable to parent: | 52,742 | (48,281) | 2,262 | |
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.