Quintana Energy Services Inc. (QES) financial statements (2021 and earlier)

Company profile

Business Address 1415 LOUISIANA STREET
HOUSTON, TX 77002
State of Incorp. DE
Fiscal Year End December 31
SIC 1389 - Oil and Gas Field Services, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

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

12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1514
Cash and cash equivalents1514
Receivables73115
Inventory, net of allowances, customer advances and progress billings2223
Inventory2223
Other undisclosed current assets87
Total current assets:118160
Noncurrent Assets
Operating lease, right-of-use asset11
Property, plant and equipment110154
Intangible assets, net (including goodwill) 9
Intangible assets, net (excluding goodwill) 9
Other noncurrent assets12
Total noncurrent assets:123164
TOTAL ASSETS:241325
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities6489
Accounts payable3452
Accrued liabilities3038
Debt70
Total current liabilities:7190
Noncurrent Liabilities
Long-term debt and lease obligation3733
Long-term debt, excluding current maturities2130
Finance lease, liability8
Capital lease obligations3
Operating lease, liability8
Liabilities, other than long-term debt00
Deferred income tax liabilities0
Other liabilities00
Other undisclosed noncurrent liabilities 0
Total noncurrent liabilities:3733
Total liabilities:108123
Stockholders' equity
Stockholders' equity attributable to parent132202
Common stock00
Treasury stock, value(5)(2)
Additional paid in capital358349
Accumulated deficit(221)(146)
Total stockholders' equity:132202
TOTAL LIABILITIES AND EQUITY:241325

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

12/31/2019
12/31/2018
Revenues484604
Cost of revenue
(Cost of Goods and Services Sold)
(412)(469)
Gross profit:73136
Operating expenses(97)(97)
Other undisclosed operating loss(48)(44)
Operating loss:(72)(6)
Nonoperating expense
(Other Nonoperating expense)
(0) 
Interest and debt expense(3)(12)
Loss from continuing operations before income taxes:(75)(18)
Income tax expense(0)(1)
Net loss attributable to parent:(75)(18)
Other undisclosed net income available to common stockholders, basic 2
Net loss available to common stockholders, diluted:(75)(17)

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
Net loss:(75)(18)
Comprehensive loss, net of tax, attributable to parent:(75)(18)

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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