Mid-Con Energy Partners, LP (MCEP) financial statements (2021 and earlier)

Company profile

Business Address 2431 E. 61ST STREET
TULSA, OK 74136
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)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 002213
Cash and cash equivalents 002213
Receivables 745558
Prepaid expense 0     
Derivative instruments and hedges, assets  6  2426
Assets held-for-sale, not part of disposal group 002  
Other undisclosed current assets  10165
Total current assets: 811993542
Noncurrent Assets
Oil and gas property, successful effort method 193207207265287407
Derivative instruments and hedges 12  11
Other noncurrent assets 122344
Total noncurrent assets: 195211210268292412
TOTAL ASSETS: 203222219276327455
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 121334
Accounts payable 001334
Accrued liabilities 121000
Debt     30 
Derivative instruments and hedges, liabilities 2 45  
Due to related parties 742114
Other liabilities 0     
Other undisclosed current liabilities   0   
Total current liabilities: 10679348
Noncurrent Liabilities
Long-term debt and lease obligation 689399122150205
Long-term debt, excluding current maturities 689399122150205
Operating lease, liability 0
Liabilities, other than long-term debt 31261114137
Asset retirement obligations 30261011137
Other liabilities 0000 0
Derivative instruments and hedges, liabilities   12  
Total noncurrent liabilities: 99119110136163212
Total liabilities: 110125117145197220
Stockholders' equity
Other undisclosed liabilities and equity 9397102131130234
TOTAL LIABILITIES AND EQUITY: 203222219276327455

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

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues 5673574496126
Cost of revenue (58)(45)(39)(52)(71)(54)
Cost of goods and services sold   (22)(23)(34)(26)
Gross profit: (2)2818(8)2572
Operating expenses (3)(40)(35)(8)(114)(45)
Other undisclosed operating income (loss) 10(1)(4)(1)  
Operating income (loss): 5(12)(21)(17)(89)27
Nonoperating expense (5)(6)(6)(8)(7)(5)
Investment income, nonoperating     2229
Interest and debt expense (5)(6)(6)(7)(7)(5)
Income (loss) before gain (loss) on sale of properties: (6)(24)(34)(32)(103)18
Other undisclosed net income 56    
Net income (loss): (1)(18)(34)(32)(103)18
Other undisclosed net income attributable to parent   6775
Net income (loss) attributable to parent: (1)(18)(27)(25)(95)22
Preferred stock dividends and other adjustments (5)(4)(3)(1)  
Net income (loss) available to common stockholders, diluted: (5)(23)(30)(26)(95)22

Comprehensive Income ($ in millions)

9/30/2020
TTM
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss): (1)(18)(34)(32)(103)18
Comprehensive income (loss), net of tax, attributable to parent: (1)(18)(34)(32)(103)18

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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