PetroGas Company (PTCO) financial statements (2021 and earlier)

Company profile

Business Address 2800 POST OAK BOULEVARD
HOUSTON, TX 77056
State of Incorp. NV
Fiscal Year End March 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments  051 6
Cash and cash equivalents  051 6
Prepaid expense    0  
Total current assets:  051 6
Noncurrent Assets
Oil and gas property, full cost method   2928  
Total noncurrent assets:   2928  
TOTAL ASSETS:  03429 6
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1318242117106
Accounts payable      0
Accrued liabilities      6
Interest and dividends payable11572338   
Other undisclosed accounts payable and accrued liabilities(102)(53)(8)121710 
Debt7196   55 
Due to related parties292929294118 
Other undisclosed current liabilities33672338   
Total current liabilities:3853158557221836
Noncurrent Liabilities
Long-term debt and lease obligation 434343241  
Long-term debt, excluding current maturities 434343241  
Liabilities, other than long-term debt438484848484 
Asset retirement obligations 8484848484 
Due to related parties43      
Other undisclosed noncurrent liabilities84 13368   
Total noncurrent liabilities:12612625919432484 
Total liabilities:5124413442523462676
Stockholders' equity
Stockholders' equity attributable to parent(512)(441)(344)(217)(317)(267)(0)
Common stock440303018
Additional paid in capital1,4691,4461,3261,26699797021
Accumulated deficit(1,984)(1,891)(1,671)(1,514)(1,343)(1,238)(30)
Total stockholders' equity:(512)(441)(344)(217)(317)(267)(0)
TOTAL LIABILITIES AND EQUITY:  03429 6

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

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Revenue, net22  
Gross profit:(1)0222  
Operating expenses(108)(119)(41)(57)(106)143(30)
Operating income (loss):(108)(119)(39)(55)(104)202(30)
Nonoperating income (expense) (101)  (2)(817)0
Other nonoperating expense (101)     
Interest and debt expense(84)(101)(118)(115)(2)(57)9
Other undisclosed loss from continuing operations before equity method investments, income taxes(101)      
Net loss:(293)(322)(157)(170)(107)(672)(20)
Other undisclosed net income (loss) attributable to parent101101  2(537)(9)
Net loss available to common stockholders, diluted:(192)(220)(157)(170)(105)(1,209)(29)

Comprehensive Income ($ in thousands)

12/31/2020
TTM
3/31/2020
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Net loss:(293)(322)(157)(170)(107)(672)(20)
Comprehensive loss, net of tax, attributable to parent:(293)(322)(157)(170)(107)(672)(20)

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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