Worthington Energy Inc (PXTE) financial statements (2021 and earlier)

Company profile

Business Address 220 MONTGOMERY STREET #1094
SAN FRANCISCO, CA 94104
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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments08
Cash and cash equivalents08
Prepaid expense and other current assets36
Total current assets:044
Noncurrent Assets
Property, plant and equipment1015
Oil and gas property, full cost method5,699 
Regulated entity, other noncurrent assets 370
Prepaid expense and other noncurrent assets15
Other undisclosed noncurrent assets156,955
Total noncurrent assets:5,7237,354
TOTAL ASSETS:5,7237,398
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,6471,845
Accounts payable864412
Accrued liabilities1,7831,433
Debt4,0044,715
Derivative instruments and hedges, liabilities7,908 
Due to related parties113 
Other liabilities2411,490
Other undisclosed current liabilities2 
Total current liabilities:14,9158,050
Noncurrent Liabilities
Liabilities, other than long-term debt377,833
Asset retirement obligations3737
Derivative instruments and hedges, liabilities 7,795
Total noncurrent liabilities:377,833
Total liabilities:14,95215,883
Stockholders' equity
Stockholders' equity attributable to parent, including:(9,228)(8,485)
Common stock4757
Additional paid in capital26,23623,849
Other undisclosed stockholders' equity attributable to parent(35,512)(32,390)
Total stockholders' equity:(9,228)(8,485)
TOTAL LIABILITIES AND EQUITY:5,7237,398

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

12/31/2013
12/31/2012
Gross profit: (16)
Operating expenses(3,212)(5,516)
Other undisclosed operating income1,5501,932
Operating loss:(1,662)(3,600)
Nonoperating expense(1,460)(4,345)
Investment income, nonoperating972(4,345)
Interest and debt expense(594)(820)
Net loss:(3,716)(8,765)
Other undisclosed net income (loss) attributable to parent594(4,490)
Net loss available to common stockholders, diluted:(3,122)(13,255)

Comprehensive Income ($ in thousands)

12/31/2013
12/31/2012
Net loss:(3,716)(8,765)
Comprehensive loss, net of tax, attributable to parent:(3,716)(8,765)

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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