Petroquest Energy Inc (PQUE) Financial Statements (2024 and earlier)
Company Profile
Business Address |
400 E KALISTE SALOOM RD SUITE 6000 LAFAYETTE, LA 70508 |
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)
6/30/2019 MRQ | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 34,891 | 15,655 | 28,312 | 148,013 | 18,243 | 9,153 | |||
Cash and cash equivalents | 34,891 | 15,655 | 28,312 | 148,013 | 18,243 | 9,153 | |||
Receivables | 11,080 | 29,687 | 17,926 | 55,850 | 63,263 | 26,568 | |||
Prepaid expense | 847 | 477 | |||||||
Derivative instruments and hedges, assets | 1,174 | 1,508 | 8,631 | 521 | |||||
Other current assets | 3,261 | 2,125 | 2,353 | 3,874 | 5,566 | 8,132 | |||
Other undisclosed current assets | 3,550 | 8,300 | 26,556 | ||||||
Total current assets: | 52,782 | 56,941 | 48,591 | 209,245 | 96,550 | 71,407 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 83,500 | 106,565 | 89,904 | 168,444 | 688,452 | 586,334 | |||
Oil and gas property, full cost method | 683,812 | 581,242 | |||||||
Other undisclosed noncurrent assets | 1,005 | 792 | 6,365 | 1,630 | (677,919) | (571,793) | |||
Total noncurrent assets: | 84,505 | 107,357 | 96,269 | 170,074 | 694,345 | 595,783 | |||
TOTAL ASSETS: | 137,287 | 164,298 | 144,860 | 379,319 | 790,895 | 667,190 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 12,958 | 38,624 | 29,203 | 100,536 | 108,348 | 47,341 | |||
Accounts payable | 11,699 | 36,179 | 25,265 | 97,999 | 102,954 | 47,341 | |||
Accrued liabilities | 1,259 | 2,445 | 3,938 | 2,537 | 5,394 | ||||
Debt | 22,568 | ||||||||
Derivative instruments and hedges, liabilities | 731 | 3,947 | 1,617 | ||||||
Asset retirement obligation | 183 | 687 | 4,160 | 6,015 | 2,756 | 3,113 | |||
Other undisclosed current liabilities | 10,424 | 22,798 | 26,523 | 52,233 | 65,606 | 45,466 | |||
Total current liabilities: | 23,565 | 62,840 | 86,401 | 158,784 | 176,710 | 97,537 | |||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 347,008 | 350,000 | 350,000 | ||||||
Long-term debt, excluding current maturities | 347,008 | 350,000 | 350,000 | ||||||
Liabilities, other than long-term debt | 2,297 | 41,032 | 38,477 | 36,594 | 52,276 | 45,558 | |||
Asset retirement obligations | 2,297 | 30,623 | 32,450 | 36,541 | 52,214 | 45,423 | |||
Other liabilities | 10,409 | 6,027 | 53 | 62 | 135 | ||||
Other undisclosed noncurrent liabilities | 373,592 | ||||||||
Total noncurrent liabilities: | 375,889 | 41,032 | 38,477 | 383,602 | 402,276 | 395,558 | |||
Total liabilities: | 399,454 | 103,872 | 124,878 | 542,386 | 578,986 | 493,095 | |||
Equity | |||||||||
Equity, attributable to parent | (262,167) | (248,935) | (251,095) | (163,067) | 136,909 | 99,095 | |||
Preferred stock | 1 | 1 | 1 | 1 | 1 | 1 | |||
Common stock | 26 | 26 | 21 | 66 | 65 | 64 | |||
Additional paid in capital | 314,268 | 313,244 | 304,341 | 290,382 | 285,957 | 280,711 | |||
Accumulated other comprehensive income (loss) | 278 | (4,750) | 947 | 5,420 | (1,096) | ||||
Accumulated deficit | (576,462) | (562,484) | (550,708) | (454,463) | (154,534) | (180,585) | |||
Total equity: | (262,167) | (248,935) | (251,095) | (163,067) | 136,909 | 99,095 | |||
Other undisclosed liabilities and equity | 309,361 | 271,077 | 75,000 | 75,000 | |||||
TOTAL LIABILITIES AND EQUITY: | 137,287 | 164,298 | 144,860 | 379,319 | 790,895 | 667,190 |
Income Statement (P&L) ($ in thousands)
6/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 87,099 | 108,287 | 66,667 | 115,969 | 225,021 | 182,870 | ||
Revenue, net | ✕ | ✕ | 108,287 | 66,667 | 115,969 | 225,021 | 182,870 | |
Cost of revenue | (28,147) | (61,998) | (58,527) | (73,896) | (77,878) | (65,629) | ||
Cost of goods and services sold | (33,162) | (28,508) | (40,130) | (48,597) | (43,743) | |||
Financing interest expense | (28,147) | ✕ | ✕ | ✕ | ✕ | ✕ | ||
Financial services costs | ✕ | ✕ | (28,836) | (30,019) | (33,766) | (29,281) | (21,886) | |
Gross profit: | 58,952 | 46,289 | 8,140 | 42,073 | 147,143 | 117,241 | ||
Operating expenses | (17,564) | (15,860) | (66,344) | (287,339) | (25,828) | (28,265) | ||
Other operating income (expense), net | 248 | (408) | (560) | 391 | 679 | 588 | ||
Other undisclosed operating loss | (46,739) | (37,607) | (31,589) | (47,289) | (93,745) | (75,162) | ||
Operating income (loss): | (5,103) | (7,586) | (90,353) | (292,164) | 28,249 | 14,402 | ||
Interest and debt expense | 403 | (10,139) | ||||||
Income (loss) from continuing operations before income taxes: | (5,103) | (7,183) | (100,492) | (292,164) | 28,249 | 14,402 | ||
Income tax expense (benefit) | (152) | 949 | (543) | (2,626) | 2,941 | (320) | ||
Income (loss) from continuing operations: | (5,255) | (6,234) | (101,035) | (294,790) | 31,190 | 14,082 | ||
Income (loss) before gain (loss) on sale of properties: | (5,255) | (6,234) | (101,035) | (294,790) | 31,190 | 14,082 | ||
Net income (loss): | (5,255) | (6,234) | (101,035) | (294,790) | 31,190 | 14,082 | ||
Other undisclosed net income (loss) attributable to parent | (4,293) | (403) | 10,139 | |||||
Net income (loss) attributable to parent: | (9,548) | (6,637) | (90,896) | (294,790) | 31,190 | 14,082 | ||
Preferred stock dividends and other adjustments | (4,371) | (5,139) | (5,349) | (5,139) | (5,139) | (5,139) | ||
Net income (loss) available to common stockholders, diluted: | (13,919) | (11,776) | (96,245) | (299,929) | 26,051 | 8,943 |
Comprehensive Income ($ in thousands)
6/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | (5,255) | (6,234) | (101,035) | (294,790) | 31,190 | 14,082 | ||
Other comprehensive income (loss) | 5,028 | (5,697) | 6,516 | (1,617) | ||||
Comprehensive income (loss): | (5,255) | (1,206) | (106,732) | (294,790) | 37,706 | 12,465 | ||
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (4,571) | (403) | 10,139 | (4,473) | ||||
Comprehensive income (loss), net of tax, attributable to parent: | (9,826) | (1,609) | (96,593) | (299,263) | 37,706 | 12,465 |
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.