Petro River Oil Corp (PTRC) financial statements (2022 and earlier)

Company profile

Business Address 55 5TH AVENUE
NEW YORK, NY 10003
State of Incorp. DE
Fiscal Year End April 30
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

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

4/30/2019
4/30/2018
4/30/2017
4/30/2016
4/30/2015
4/30/2014
4/30/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,215476317751,0118,3535,703
Cash and cash equivalents1,215476317751,0118,3535,703
Restricted cash and investments   81125  
Receivables12930824,7951435231
Prepaid expense55 613844  
Prepaid expense and other current assets58
Other undisclosed current assets20613,4397,8465340 
Total current assets:1,60535629,4789,5461,2318,4455,793
Noncurrent Assets
Property, plant and equipment01226115
Oil and gas property, successful effort method    15,657  
Oil and gas property, full cost method5,8693,7791,23577815,7578,94213,423
Intangible assets, net (including goodwill)   (141)2,203
Intangible assets, net (excluding goodwill)   (141)2,203  
Other noncurrent assets5171754286
Prepaid expense and other noncurrent assets6
Other undisclosed noncurrent assets2,5371,6922,07218,089(15,657) 25
Total noncurrent assets:8,4115,4903,32518,78218,0498,94913,458
TOTAL ASSETS:10,0175,84632,80328,32919,28017,39419,251
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:715908120207252481871
Taxes payable  3,4432,501   
Interest and dividends payable 299     
Other undisclosed accounts payable and accrued liabilities715610(3,322)(2,294)252481871
Restructuring reserve  6408951,144
Asset retirement obligation720414406562542482213
Due to related parties   1,600   
Other undisclosed current liabilities 5582,8031,606(1,144)  
Total current liabilities:1,4351,8803,9694,8707949621,084
Noncurrent Liabilities
Liabilities, other than long-term debt4,5212,607152201376336550
Asset retirement obligations329246152201376336550
Due to related parties 2,361     
Derivative instruments and hedges, liabilities4,192      
Total noncurrent liabilities:4,5212,607152201376336550
Total liabilities:5,9564,4874,1225,0711,1711,2991,634
Stockholders' equity
Stockholders' equity attributable to parent, including:3,4101,35916,07111,20614,46516,09517,617
Common stock0000987
Additional paid in capital59,56452,40846,68138,85031,10727,74820,317
Accumulated deficit(56,154)(51,049)(30,610)(27,643)(16,650)(11,661)(2,708)
Other undisclosed stockholders' equity attributable to parent0      
Stockholders' equity attributable to noncontrolling interest651 12,61012,0513,645  
Total stockholders' equity:4,0611,35928,68223,25818,11016,09517,617
TOTAL LIABILITIES AND EQUITY:10,0175,84632,80328,32919,28017,39419,251

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

4/30/2019
4/30/2018
4/30/2017
4/30/2016
4/30/2015
4/30/2014
4/30/2013
Revenues1,64572327882,128372 
Revenue, net72327882,128372 
Cost of revenue
(Cost of Goods and Services Sold)
 (310)  (8,472)  
Gross profit:1,6454142788(6,345)372 
Operating expenses(3,812)(5,664)(3,987)(20,226)(8,472)(9,329) 
Other undisclosed operating income 310  8,472  
Operating loss:(2,167)(4,940)(3,960)(20,138)(6,344)(8,957) 
Nonoperating income (expense)(3,335)(15,332)629174 3 
Losses on sales of other real estate (268)(1,689)(10,475)   
Other nonoperating income (expense)(3,335)(15,064)2,31810,649   
Interest and debt expense(94)      
Loss from continuing operations before equity method investments, income taxes:(5,596)(20,272)(3,331)(19,963)(6,344)(8,954) 
Other undisclosed income from continuing operations before income taxes94      
Loss from continuing operations before income taxes:(5,502)(20,272)(3,331)(19,963)(6,344)(8,954) 
Income tax expense (333)(942)(2,501)(12,608)  
Loss before gain (loss) on sale of properties:(5,502)(20,605)(4,273)(22,464)(18,952)(8,954) 
Other undisclosed net income3971661,30611,47213,963  
Net loss:(5,105)(20,439)(2,966)(10,993)(4,989)(8,954) 
Net income (loss) attributable to noncontrolling interest397(101)(383)9971,355  
Other undisclosed net income (loss) attributable to parent(3,909)203766(1,994)(2,710)  
Net loss available to common stockholders, diluted:(8,617)(20,338)(2,583)(11,990)(6,345)(8,954) 

Comprehensive Income ($ in thousands)

4/30/2019
4/30/2018
4/30/2017
4/30/2016
4/30/2015
4/30/2014
4/30/2013
Net loss:(5,105)(20,439)(2,966)(10,993)(4,989)(8,954) 
Comprehensive loss:(5,105)(20,439)(2,966)(10,993)(4,989)(8,954) 
Comprehensive income (loss), net of tax, attributable to noncontrolling interest397(101)(383)9971,355  
Comprehensive loss, net of tax, attributable to parent:(4,708)(20,541)(3,350)(9,996)(3,634)(8,954) 

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: