Company Information

  

Address: 1331 LAMAR STREET
SUITE 650 
City: HOUSTON 
State: TX 
Zip Code: 77010 
Telephone: 713-739-1800 

Description of Business

Primary SIC Code: 1311
(As filed with the SEC)  

We are a pure-play Mid-Continent independent energy company engaged in the exploration, development and production of oil, condensate, natural gas and NGLs. Our principal business activities include the identification, acquisition and subsequent exploration and development of oil and natural gas properties with an emphasis on unconventional reserves, such as shale resource plays. We hold a concentrated acreage position in the normally pressured oil window of the STACK Play, an area of central Oklahoma which is home to multiple oil and natural gas-rich reservoirs, including the Oswego limestone, Meramec and Osage bench formations within the Mississippi Lime, the Woodford shale and Hunton limestone formations.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/2018-0.43NAN/E
03/2018-0.26NAN/E
12/2017-0.31NAN/E
09/2017-0.24NAN/E
06/2017-0.09NAN/E
03/2017-0.14NAN/E
12/2016-0.93NAN/E
09/2016-2.99NAN/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.06Total Liab/Total Assets1.08
Net Inc/Total Assets-0.12Total Liab/Inv Cap1.31
Net Inc/Inv Cap-0.15Total Liab/Comm Equity0.50
Pretax Inc/Net Sales-0.65Interest Coverage Ratio-0.20
Net Inc/Net Sales-0.65Curr Debt/Equity-0.14
Cash Flow/Net Sales0.28LTD/Equity-10.86
SG&A/NetSales0.27Total Debt/Equity-11.00
Asset Utilization   Liquidity  
Net Receivables Turnover2.20Quick Ratio0.88
Inventory TurnoverNACurrent Ratio0.88
Inventory Day SalesNANet Rec/Curr Assets0.71
Net Sales/Work Cap-9.73Inv/Curr AssetsNA
Net Sales/PP&E0.22  

Income Statement (Millions)

  6/30/2018 3/31/2018 12/31/2017 9/30/2017
Total Revenues(Net Sales) 10.22 20.91 15.48 15.33
Cost of Goods Sold 4.77 7.51 6.43 6.61
Selling & Admin Exps 5.48 9.96 5.52 4.79
Operating Income -25.65 -5.59 -3.78 -2.19
Interest Exp 10.20 9.94 9.21 10.16
Pretax Income -35.82 -15.51 -12.98 -12.30
Other Income 0.02 0.02 0.01 0.05
Net Income Bef Extraordinary ... NA NA NA NA
Net Income -35.82 -15.51 -12.98 -12.30

Balance Sheet (Millions)

Assets 6/30/2018 3/31/2018 12/31/2017 9/30/2017
Cash & Short Term Investments 51.07 100.22 13.27 29.23
Receivables - Total 18.16 22.15 38.58 40.35
Inventories - Total NA NA NA NA
Total Current Assets 70.01 123.83 54.17 75.15
Net Property, Plant & Equipment 269.09 252.66 325.10 294.37
Total Assets 339.20 377.09 380.12 370.81
Liabilities        
Accounts Payable 53.37 58.49 57.04 51.59
Debt in Current Liabilities 11.76 6.38 4.55 1.66
Total Current Liabilities 65.12 64.87 61.59 53.25
Long-Term Debt 366.93 356.05 345.52 333.76
Total Liabilities 434.49 423.27 411.95 391.58
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.06 0.06 0.06 0.06
Common Stock 0.22 0.22 0.22 0.22
Retained Earnings -916.26 -867.17 -851.66 -838.68
Treasury Stock NA NA NA NA
Total Stockholders' Equity -95.28 -46.18 -31.83 -20.78
Total Liabilities and Stockholders' Equity 339.20 377.09 380.12 370.81

Cash Flow Summary (Millions)

Categories 6/30/2018 3/31/2018 12/31/2017 9/30/2017
Net Cash Provided by Operating Activities 7.01 32.24 10.93 25.73
Net Cash Provided by Investing Activities -43.25 55.28 -26.87 -32.96
Net Cash Provided by Financing Activities -12.90 -0.57 -0.02 -2.23

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/201387.7649.340.63
12/2014171.4250.950.55
12/2015107.29-459.51-6.11
12/201658.25-89.06-0.93
12/201772.13-46.76-0.31
Growth Rates-4.78----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18104126,68957.87




Report Date : 9/3/2018

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