Stone Energy Corp (SGY) Financial Statements (2023 and Earlier)
Company Profile
| Business Address |
625 E KALISTE SALOOM RD LAFAYETTE, LA 70508 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 263 | 191 | 11 | 83 | 339 | 280 | ||
| Cash and cash equivalents | 263 | 191 | 11 | 74 | 331 | 280 | ||
| Short-term investments | 8 | 8 | ||||||
| Restricted cash and investments | 19 | 178 | ||||||
| Receivables | 76 | 75 | 94 | 155 | 172 | 167 | ||
| Inventory, net of allowances, customer advances and progress billings | 1 | 4 | 4 | 4 | ||||
| Inventory | 1 | 4 | 4 | 4 | ||||
| Derivative instruments and hedges, assets | 1 | 39 | 139 | 5 | 40 | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 4 | ||
| Income taxes receivable | ✕ | ✕ | ✕ | ✕ | 7 | 10 | ||
| Other current assets | 7 | 10 | 6 | 8 | 2 | ✕ | ||
| Other undisclosed current assets | (35) | 23 | 16 | |||||
| Total current assets: | 366 | 275 | 150 | 531 | 552 | 520 | ||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 17 | 26 | 29 | 32 | 26 | 22 | ||
| Derivative instruments and hedges | 14 | 1 | 9 | |||||
| Deferred costs | 5 | 9 | 8 | 21 | 12 | 28 | ||
| Other noncurrent assets | 14 | 26 | 18 | 27 | 49 | ✕ | ||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 43 | ||
| Other undisclosed noncurrent assets | 457 | 803 | 1,203 | 2,393 | 2,608 | 2,154 | ||
| Total noncurrent assets: | 493 | 864 | 1,260 | 2,488 | 2,696 | 2,257 | ||
| TOTAL ASSETS: | 859 | 1,139 | 1,410 | 3,019 | 3,249 | 2,776 | ||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 56 | 21 | 91 | 142 | 196 | 94 | ||
| Accounts payable | 54 | 20 | 82 | 133 | 196 | 94 | ||
| Interest and dividends payable | 2 | 1 | 9 | 9 | ||||
| Debt | 0 | 0 | ||||||
| Derivative instruments and hedges, liabilities | 9 | 8 | 0 | |||||
| Asset retirement obligation | 79 | 88 | 21 | 69 | 67 | 66 | ||
| Deferred tax liabilities | 20 | |||||||
| Other liabilities | 23 | 19 | 41 | 50 | 55 | 17 | ||
| Other undisclosed current liabilities | 5 | 15 | 6 | 23 | 46 | 42 | ||
| Total current liabilities: | 172 | 143 | 159 | 304 | 371 | 219 | ||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 236 | 352 | 1,061 | 1,041 | 1,027 | 914 | ||
| Long-term debt, excluding current maturities | 236 | 352 | 1,061 | 1,041 | 1,027 | 914 | ||
| Liabilities, other than long-term debt | 143 | 171 | 230 | 572 | 880 | 771 | ||
| Asset retirement obligations | 134 | 154 | 205 | 247 | 435 | 422 | ||
| Deferred tax liabilities, net | 286 | 391 | 311 | |||||
| Other liabilities | 6 | 17 | 25 | 39 | 54 | 36 | ||
| Derivative instruments and hedges, liabilities | 3 | 0 | 2 | |||||
| Other undisclosed noncurrent liabilities | 1,110 | |||||||
| Total noncurrent liabilities: | 378 | 1,634 | 1,291 | 1,613 | 1,907 | 1,685 | ||
| Total liabilities: | 551 | 1,777 | 1,450 | 1,917 | 2,278 | 1,904 | ||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent | 308 | (637) | (40) | 1,102 | 970 | 872 | ||
| Common stock | 0 | 0 | 1 | 1 | 0 | 0 | ||
| Treasury stock, value | (1) | (1) | (1) | (1) | (1) | |||
| Additional paid in capital | 556 | 1,660 | 1,648 | 1,633 | 1,398 | 1,386 | ||
| Accumulated other comprehensive income (loss) | 18 | 83 | (2) | 29 | ||||
| Accumulated deficit | (248) | (2,296) | (1,706) | (615) | (425) | (543) | ||
| Total stockholders' equity: | 308 | (637) | (40) | 1,102 | 970 | 872 | ||
| TOTAL LIABILITIES AND EQUITY: | 859 | 1,139 | 1,410 | 3,019 | 3,249 | 2,776 | ||
Income Statement (P&L) ($ in millions)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 377 | 545 | 796 | 974 | 951 | ||
| Revenue, net | 377 | 537 | 776 | 913 | 900 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (28) | (59) | (241) | (243) | (237) | ||
| Gross profit: | 350 | 486 | 554 | 731 | 715 | ||
| Operating expenses | (887) | (1,910) | (1,051) | (732) | (688) | ||
| Other undisclosed operating income | 28 | 59 | 241 | 243 | 237 | ||
| Operating income (loss): | (509) | (1,365) | (255) | 242 | 264 | ||
| Nonoperating expense | (74) | (42) | (36) | (56) | (30) | ||
| Interest and debt expense | (64) | (44) | (39) | (60) | (32) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 64 | 44 | 39 | 60 | 32 | ||
| Income (loss) from continuing operations before income taxes: | (583) | (1,407) | (292) | 186 | 234 | ||
| Income tax expense (benefit) | (7) | 316 | 102 | (69) | (85) | ||
| Net income (loss) attributable to parent: | (591) | (1,091) | (190) | 118 | 149 | ||
| Other undisclosed net loss available to common stockholders, basic | (3) | (3) | |||||
| Net income (loss) available to common stockholders, basic: | (591) | (1,091) | (190) | 115 | 146 | ||
| Other undisclosed net income available to common stockholders, diluted | 0 | 0 | |||||
| Net income (loss) available to common stockholders, diluted: | (591) | (1,091) | (190) | 115 | 146 | ||
Comprehensive Income ($ in millions)
| 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net income (loss): | (591) | (1,091) | (190) | 118 | 149 | ||
| Other comprehensive income (loss) | (19) | 85 | (31) | ||||
| Comprehensive income (loss): | (591) | (1,110) | (104) | 87 | 149 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (18) | (46) | 7 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (609) | (1,156) | (104) | 87 | 156 | ||
Statements Sources
The financial statements are based on the Company's filings with 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.