Montage Resources Corporation ECR Balance Sheet

Montage resources corporation (ECR)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Dec'13
ASSETS
CURRENT ASSETS
Cash and cash equivalents
7	12	11	9	7	5	6	12	21	17	28	97	160	201	177	114	135	184	227	257	295	67	254	493	109
Accounts receivable
60	77	77	88	120	119	125	112	113	77	40	40	33	44	25	25	16	27	23	32	41	46	47	41	8
Assets held for sale
0	1	1	2	2	-	-	-	-	0	0	0	0	0	0	0	21	21	3	3	30	20	-	-	-
Other current assets
60	35	35	26	6	8	7	7	8	12	6	4	3	4	5	4	32	35	26	12	22	19	4	2	0
Deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	-
Total current assets
129	126	125	127	137	133	138	131	143	107	76	142	198	250	208	144	206	269	281	306	390	154	307	538	118
PROPERTY AND EQUIPMENT
Oil and natural gas properties, successful efforts method:
Unproved properties
496	508	520	532	557	482	485	547	537	459	488	492	513	526	578	684	720	720	934	1,003	1,021	1,044	1,169	1,090	926
Proved oil and gas properties, net
1,259	1,251	1,210	1,191	1,101	807	802	716	694	647	636	567	476	414	407	263	236	265	879	827	752	670	-	-	88
Proved oil and gas properties, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	397	278	-
Accumulated depreciation, depletion and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30	-
Total oil and natural gas properties, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,338	-
Other property and equipment, net
11	11	12	12	13	6	6	6	6	6	7	6	6	6	6	7	7	7	8	8	8	8	7	6	2
Total property and equipment, net
1,767	1,770	1,744	1,737	1,672	1,296	1,293	1,271	1,239	1,114	1,131	1,066	996	947	992	954	965	993	1,823	1,839	1,783	1,722	1,574	1,345	1,018
OTHER NONCURRENT ASSETS
Debt issuance costs, net of $1.0 million and $2.5 million of amortization, respectively
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	6	5	-	6	6	6
Other assets
-	-	-	-	-	-	1	3	5	-	2	3	5	0	1	1	0	2	1	1	2	2	0	0	0
Deferred taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Other assets
6	7	9	8	8	3	-	-	-	2	-	-	-	-	-	-	-	-	-	-	-	-	6	6	6
Operating lease right-of-use assets
34	36	42	38	44	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets held for sale
2	9	8	8	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL ASSETS
1,940	1,951	1,930	1,920	1,870	1,433	1,434	1,405	1,388	1,223	1,210	1,212	1,200	1,198	1,202	1,100	1,173	1,266	2,119	2,153	2,181	1,879	1,888	1,890	1,143
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable
136	119	122	113	141	116	94	111	96	76	69	56	51	44	38	34	22	34	57	82	68	132	130	93	29
Accrued capital expenditures
26	43	51	43	25	12	11	13	12	10	19	15	14	11	20	7	5	10	13	20	22	51	39	31	19
Accrued liabilities
26	53	52	59	61	56	62	49	39	41	24	20	38	55	21	21	18	25	24	21	17	18	12	17	4
Accrued interest payable
11	21	11	22	10	21	10	21	10	21	9	21	9	21	9	20	9	23	11	26	11	25	10	23	20
Liabilities associated with assets held for sale
2	2	4	4	8	-	-	-	-	-	0	0	0	0	-	-	19	18	-	-	-	-	-	-	-
Operating lease liability
12	12	12	17	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	3	7	-	-	-	-
Accrued liabilities-related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1
Total current liabilities
216	254	254	260	267	208	179	196	158	149	124	113	115	131	89	85	75	113	113	154	127	227	192	165	75
NONCURRENT LIABILITIES
Debt, net of unamortized discount and debt issuance costs
501	500	499	499	498	497	-	-	-	495	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt, net of unamortized discount and debt issuance costs
-	-	-	-	-	-	497	496	495	-	494	493	492	492	491	490	509	527	538	429	429	408	413	412	389
Credit facility
-	-	-	-	-	-	99	60	65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revolving credit facility
150	130	127	127	97	32	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Pension obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	1	0	0	1
Asset retirement obligations
30	29	27	26	24	7	6	6	6	6	5	5	5	4	4	3	3	3	19	18	17	17	10	9	9
Other liabilities
13	8	2	0	1	0	2	3	2	0	2	2	3	13	7	10	3	1	1	2	3	-	-	0	-
Operating lease liability
21	24	30	22	25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities associated with assets held for sale
7	7	6	6	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	34	47	71	85	96	-
Total liabilities
940	954	948	943	920	746	784	762	727	651	627	614	616	642	593	590	591	645	686	640	627	726	-	-	-
Total noncurrent liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	510	519	399
COMMITMENTS AND CONTINGENCIES
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
STOCKHOLDERS’ EQUITY
Preferred stock, 50,000,000 authorized, no shares issued and outstanding
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock, $0.01 par value, 1,000,000,000 authorized, 35,804,544 and 35,770,934 shares issued and outstanding, respectively
0	0	0	0	0	3	3	3	3	2	2	2	2	2	2	2	2	2	2	2	2	1	1	1	1
Additional paid in capital
2,353	2,352	2,350	2,349	2,349	2,065	2,063	2,061	2,059	1,967	1,965	1,963	1,960	1,958	1,958	1,832	1,830	1,829	1,827	1,826	1,825	1,391	1,390	1,391	721
Treasury stock, shares at cost; 2,528,440 and 2,508,485 shares, respectively
10	10	8	8	8	3	3	3	3	2	2	2	1	0	0	0	0	-	-	-	-	-	-	-	-
Accumulated deficit
-1,342	-1,345	-1,359	-1,363	-1,391	-1,377	-1,413	-1,417	-1,398	-1,396	-1,383	-1,366	-1,377	-1,404	-1,351	-1,324	-1,251	-1,210	-396	-315	-273	-239	-206	-187	-56
Accumulated other comprehensive loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-0	-0	-0	-0	-0	1
Total stockholders’ equity
1,000	997	982	976	949	687	649	643	660	572	583	597	583	556	609	510	581	620	1,433	1,513	1,553	1,152	1,185	1,205	667
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
1,940	1,951	1,930	1,920	1,870	1,433	1,434	1,405	1,388	1,223	1,210	1,212	1,200	1,198	1,202	1,100	1,173	1,266	2,119	2,153	2,181	1,879	1,888	1,890	1,143