PetroGas Company (PTCO) financial statements (2020 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)

12/31/2019
TTM
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:13242117106
Accounts payable     0
Accrued liabilities     6
Interest and dividends payable60338   
Other undisclosed accounts payable and accrued liabilities(47)(8)121710 
Debt18   55 
Due to related parties2929294118 
Other undisclosed current liabilities42338   
Total current liabilities:1028557221836
Noncurrent Liabilities
Long-term debt and lease obligation 4343241  
Long-term debt, excluding current maturities 4343241  
Liabilities, other than long-term debt12684848484 
Asset retirement obligations8484848484 
Due to related parties43     
Other undisclosed noncurrent liabilities18213368   
Total noncurrent liabilities:30825919432484 
Other undisclosed liabilities(0)     
Total liabilities:4103442523462676
Stockholders' equity
Stockholders' equity attributable to parent(411)(344)(217)(317)(267)(0)
Common stock40303018
Additional paid in capital1,4411,3261,26699797021
Accumulated deficit(1,855)(1,671)(1,514)(1,343)(1,238)(30)
Total stockholders' equity:(411)(344)(217)(317)(267)(0)
TOTAL LIABILITIES AND EQUITY:(0)03429 6

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

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Revenue, net22  
Gross profit:1222  
Operating expenses(120)(41)(57)(106)143(30)
Other operating expense, net
(Other Expenses)
(52)     
Other undisclosed operating income52     
Operating income (loss):(120)(39)(55)(104)202(30)
Nonoperating income (expense)   (2)(817)0
Interest and debt expense(101)(118)(115)(2)(57)9
Net loss:(221)(157)(170)(107)(672)(20)
Other undisclosed net income (loss) attributable to parent   2(537)(9)
Net loss available to common stockholders, diluted:(221)(157)(170)(105)(1,209)(29)

Comprehensive Income ($ in thousands)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
Net loss:(221)(157)(170)(107)(672)(20)
Comprehensive loss, net of tax, attributable to parent:(221)(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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