Petron Energy II Inc (PEII) financial statements (2021 and earlier)

Company profile

Business Address 17950 PRESTON ROAD
DALLAS, TX 75252
State of Incorp. NV
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)

12/31/2013
12/31/2012
12/31/2011
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments017
Cash and cash equivalents017
Other undisclosed current assets2418
Total current assets:2435
Noncurrent Assets
Property, plant and equipment610743
Oil and gas property, full cost method1,8041,425
Prepaid expense and other noncurrent assets235
Other undisclosed noncurrent assets69872
Total noncurrent assets:3,1122,274
TOTAL ASSETS:3,1372,310
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,283716
Accounts payable1,283716
Debt1,691421
Derivative instruments and hedges, liabilities960 
Asset retirement obligation220 
Other undisclosed current liabilities24143
Total current liabilities:4,1781,280
Noncurrent Liabilities
Long-term debt and lease obligation 1,003
Long-term debt, excluding current maturities 250
Capital lease obligations 753
Other undisclosed noncurrent liabilities1,1675,191
Total noncurrent liabilities:1,1676,194
Total liabilities:5,3447,474
Stockholders' equity
Stockholders' equity attributable to parent, including:(2,208)(5,165)
Preferred stock06
Common stock4412
Additional paid in capital21,87014,639
Accumulated deficit(24,122)(19,821)
Other undisclosed stockholders' equity attributable to parent10
Total stockholders' equity:(2,208)(5,165)
TOTAL LIABILITIES AND EQUITY:3,1372,310

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

12/31/2013
12/31/2012
12/31/2011
Revenues11326
Revenue, net11294
Cost of revenue(635)(539)
Gross profit:(623)(212)
Operating expenses(4,578)(8,652)
Other undisclosed operating income 539
Operating loss:(5,201)(8,326)
Interest and debt expense(394)(145)
Net loss:(5,595)(8,471)
Other undisclosed net income attributable to parent1,294145
Net loss available to common stockholders, diluted:(4,301)(8,326)

Comprehensive Income ($ in thousands)

12/31/2013
12/31/2012
12/31/2011
Net loss:(5,595)(8,471)
Comprehensive loss, net of tax, attributable to parent:(5,595)(8,471)

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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