ENERGEN CORP EGN Balance Sheet

Energen corp (EGN)

Balance Sheet / Quarterly

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	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Dec'08
ASSETS
Current Assets
Cash and cash equivalents
17	1	0	0	0	0	88	386	447	309	35	1	0	1	1	1	1	1	35	2	12	3	20	9	47	61	49	9	21	15	51	22	14	126	271	75	14	38	13
Short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	309	-	18	42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	74	154	-	-	-	-	-
Allowance for doubtful accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	5	-	5	5	5	6	6	7	7	12	13	13	-	15	-	-	-	-	-	-	-
Accounts receivable, net
183	166	150	158	129	104	90	73	72	76	61	63	99	128	137	157	185	178	299	136	200	226	241	277	194	247	203	231	214	164	217	286	225	260	365	327	263	294	414
Inventories, net
28	29	19	13	14	18	15	14	14	12	12	11	18	17	17	14	14	12	-	11	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Derivative instruments
4	35	4	0	3	39	7	0	3	3	18	56	153	147	272	322	30	0	-	17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets held for sale
-	-	-	-	-	-	-	-	0	176	183	93	0	0	0	395	0	1,154	1	1,242	183	130	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	49	53	21	42	21	27	8	32	12	39	48	0	49	63	32	-	-	-	-	-	-	-
Storage gas inventory
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19	-	39	21	9	32	36	35	37	44	42	34	30	36	47	31	18	42	61	55	77
Materials and supplies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	-	19	19	25	28	33	36	30	26	28	27	20	19	20	23	19	17	20	17	13
Liquified natural gas in storage
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-	2	3	3	3	3	3	3	3	3	3	3	3	3	3	2	3	3	3	3
Regulatory assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-	11	10	24	45	56	60	54	57	44	32	27	28	42	30	39	33	42	46	41
Income tax receivable
6	6	6	6	9	0	26	27	-	-	-	8	-	-	-	-	-	-	0	-	7	0	1	6	5	2	1	7	5	5	4	44	52	17	1	4	3	7	50
Prepayments and other
5	6	9	12	5	4	5	5	6	7	21	11	12	22	18	27	31	37	9	9	12	8	12	12	16	11	14	15	17	10	11	11	11	9	10	11	13	12	29
Total current assets
246	245	192	191	163	166	232	505	544	585	333	246	284	318	756	919	288	1,476	439	1,441	532	446	364	425	427	471	436	444	377	342	429	486	494	656	730	515	422	475	643
Property, Plant and Equipment
Oil and natural gas properties, successful efforts method
Proved properties
9,387	9,031	8,706	8,466	8,256	8,024	7,767	7,543	7,394	7,288	7,491	7,611	7,754	7,537	7,263	6,903	7,635	7,273	-	6,695	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unproved properties
551	513	505	453	448	430	354	196	193	85	117	145	172	168	164	142	158	170	-	168	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Oil and gas properties, successful efforts method
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,130	-	6,655	6,757	6,712	6,439	6,110	5,796	5,491	5,166	4,725	4,461	4,209	4,080	3,752	3,478	3,411	3,379	3,308	3,276	2,959
Less accumulated depreciation, depletion and amortization
4,587	4,455	4,323	4,200	4,071	3,940	3,823	3,723	3,622	3,515	3,611	3,454	2,744	2,212	2,016	1,893	2,336	2,030	1,898	1,776	1,657	1,805	1,858	1,765	1,662	1,576	1,486	1,382	1,316	1,256	1,202	1,161	1,111	1,062	1,016	972	926	880	793
Oil and natural gas properties, net
5,351	5,089	4,887	4,718	4,633	4,513	4,298	4,016	3,965	3,858	3,997	4,302	5,182	5,493	5,410	5,152	5,457	5,413	5,231	5,087	4,997	4,952	4,853	4,673	4,448	4,219	4,005	3,783	3,408	3,205	3,006	2,919	2,641	2,416	2,395	2,406	2,382	2,395	2,166
Utility plant
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,503	-	1,471	1,454	1,435	1,416	1,395	1,383	1,369	1,358	1,339	1,322	1,305	1,292	1,276	1,247	1,226	1,211	1,192	1,196	1,166
Less accumulated depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	615	-	594	588	583	573	560	557	550	544	528	523	518	509	508	507	498	489	481	496	480
Utility plant, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	888	-	876	866	852	842	835	826	818	813	811	799	786	782	768	739	727	721	711	700	686
Other property and equipment, net
43	43	44	44	45	45	45	44	45	45	47	48	48	46	46	46	43	37	33	30	29	31	25	25	23	23	23	23	23	23	18	17	17	18	17	16	16	15	15
Total property, plant and equipment, net
5,395	5,133	4,932	4,763	4,678	4,558	4,344	4,061	4,010	3,904	4,045	4,350	5,231	5,540	5,457	5,199	5,501	5,451	6,153	5,118	5,903	5,849	5,731	5,541	5,307	5,069	4,847	4,620	4,243	4,028	3,811	3,719	3,428	3,173	3,140	3,144	3,110	3,111	2,867
Regulatory asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	82	-	89	107	109	110	94	89	91	95	109	89	95	105	139	110	114	102	102	102	97
Other postretirement assets
2	2	2	2	3	3	3	3	4	4	4	3	-	-	-	0	4	4	35	8	17	1	1	1	-	-	-	0	0	11	-	13	-	-	-	-	-	-	-
Noncurrent derivative instruments
-	0	3	-	1	9	9	-	-	-	0	-	2	-	-	-	5	0	2	5	12	39	26	40	43	103	10	31	101	1	-	0	8	24	21	7	16	52	140
Noncurrent income tax receivable, net
70	70	70	70	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension and other postretirement assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	-	0	18	-	-	-	-	-
Other assets
9	9	4	5	6	7	8	8	9	9	10	10	13	14	14	19	32	48	66	48	59	60	60	56	46	45	46	45	43	38	38	38	33	32	34	33	33	27	26
Total other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	187	-	178	208	197	209	184	238	148	172	253	140	147	158	181	186	169	143	152	181	264
TOTAL ASSETS
5,724	5,462	5,205	5,033	4,853	4,746	4,598	4,579	4,569	4,504	4,393	4,611	5,531	5,872	6,228	6,138	5,832	6,982	6,780	6,622	6,614	6,505	6,293	6,175	5,919	5,779	5,432	5,237	4,875	4,511	4,389	4,363	4,103	4,017	4,040	3,803	3,684	3,768	3,775
LIABILITIES AND SHAREHOLDERS EQUITY
Current Liabilities
Long-term debt due within one year
-	-	-	-	0	17	17	24	19	-	-	0	-	-	-	-	0	570	60	60	125	100	75	50	0	1	1	1	1	5	5	5	155	150	150	150	-	-	0
Notes payable to banks
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	669	575	489	901	800	712	643	480	310	165	15	75	302	225	305	42	-	-	-	5	95	62
Accounts payable
129	74	104	75	101	65	79	65	56	53	47	64	79	94	97	101	110	135	300	78	256	273	285	257	264	252	340	302	212	263	321	268	171	146	171	164	107	116	224
Accrued taxes
23	12	6	2	14	12	10	7	35	16	13	5	27	14	17	5	227	21	55	8	51	58	38	30	55	74	34	32	50	42	58	52	65	54	84	49	47	56	42
Customers deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	-	20	24	25	24	23	24	25	23	21	21	21	20	18	19	21	20	19	21	22
Amounts due customers
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	-	19	10	10	19	21	15	10	21	20	10	4	20	16	0	-	24	24	4	15
Accrued wages and benefits
15	11	8	26	21	15	14	25	20	13	9	28	25	22	16	21	39	26	17	27	25	19	17	24	24	22	18	35	30	27	22	25	19	19	15	27	19	16	24
Regulatory liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	80	-	40	27	41	45	27	28	30	58	51	65	79	75	53	102	74	29	7	7	25
Accrued capital costs
150	165	111	74	67	95	120	79	56	40	58	79	101	110	159	207	131	92	-	93	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue and royalty payable
65	68	62	54	48	48	44	51	52	57	56	60	58	62	66	72	65	66	61	51	49	41	38	34	38	30	23	22	23	23	21	19	20	20	21	19	14	13	12
Liabilities related to assets held for sale
-	-	-	-	-	-	-	-	0	13	14	12	0	0	0	24	0	767	3	831	23	7	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension liabilities
-	-	-	-	-	-	-	-	0	0	0	15	29	29	29	24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	9	11	53	79	-	-	-	0	-	-	-	-	-	-	-	1	2	-	-	4	4	13	19	10	26	39	41
Derivative instruments
172	80	57	71	18	0	8	65	24	46	5	0	3	10	12	0	0	96	-	30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
12	18	12	17	11	17	14	20	14	19	13	19	13	23	17	23	17	20	28	21	26	32	27	30	27	30	24	32	27	23	26	26	29	28	28	25	30	23	39
Total current liabilities
569	432	363	322	282	273	308	338	278	260	217	287	348	378	470	560	593	2,464	1,210	1,691	1,541	1,396	1,272	1,159	963	789	674	543	516	784	785	818	596	555	586	520	302	394	510
Long-term debt
953	829	755	782	765	659	527	527	532	551	551	773	750	686	1,238	1,038	632	553	1,328	1,093	1,028	1,053	1,078	1,103	1,153	1,153	1,153	1,153	803	404	405	405	405	410	410	410	560	561	561
Asset retirement obligations
94	92	90	88	86	84	83	81	92	91	90	89	100	99	97	94	115	113	110	108	106	119	120	118	115	112	110	107	104	102	99	97	95	92	90	88	77	75	66
Noncurrent derivative instruments
57	31	11	8	2	0	0	3	6	12	0	0	2	3	1	-	0	21	1	0	1	0	9	11	11	1	61	34	13	128	186	112	71	34	61	60	10	13	8
Deferred income taxes
435	442	423	387	535	532	516	-	475	460	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension and other postretirement liabilities
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	15	41	51	72	47	90	109	106	110	82	64	63	62	71	34	34	36	52	39	52	55	62	67	67
Regulatory liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	83	-	81	68	68	80	77	77	74	87	87	92	94	110	112	115	158	155	153	150	147
Deferred income taxes
-	-	-	-	-	-	-	495	-	-	446	552	853	1,001	1,010	1,000	1,074	848	1,037	807	979	963	931	905	885	877	813	-806	785	697	625	-615	592	555	521	505	512	494	482
Other long-term liabilities
5	6	5	5	7	8	8	13	11	11	10	11	10	12	10	14	13	15	24	15	14	12	12	10	9	10	9	9	4	9	9	13	11	29	30	18	16	19	18
Total liabilities
2,116	1,833	1,650	1,595	1,680	1,558	1,444	1,459	1,396	1,388	1,316	1,715	2,066	2,182	2,829	2,723	2,471	4,068	-	3,764	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Deferred Credits and Other Liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,330	-	1,275	1,273	1,250	1,235	1,181	1,143	1,131	1,107	1,067	1,064	1,050	985	934	866	913	883	832	821	790
Commitments and Contingencies
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-	-	-	0	-
Shareholders Equity
Preferred stock, cumulative, $0.01 par value, 5,000,000 shares authorized
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common shareholders equity
Common stock, $0.01 par value; 150,000,000 shares authorized; 100,799,082 shares and 100,327,433 shares issued at September 30, 2018 and December 31, 2017, respectively
1	1	1	1	1	1	1	1	1	1	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Premium on capital stock
1,405	1,398	1,392	1,388	1,384	1,380	1,376	1,372	1,369	1,366	1,363	979	975	971	568	564	561	558	528	523	514	496	493	492	491	489	488	482	481	480	2	468	2	2	2	2	2	2	2
Capital surplus
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	-	2	2	2	2	2	2	2	2	2	2	479	2	467	466	465	461	460	458	454
Retained earnings
2,345	2,372	2,303	2,185	1,922	1,941	1,911	1,878	1,932	1,879	1,842	2,046	2,638	2,867	2,980	2,997	2,946	2,500	2,519	2,476	2,403	2,432	2,360	2,314	2,261	2,269	2,148	2,100	2,096	2,018	1,964	1,880	1,809	1,780	1,734	1,626	1,577	1,538	1,405
Accumulated other comprehensive income, net of tax
Unrealized gain on hedges, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	7	10	13	16	21	8	46	35	93	-2	9	71	-90	-144	-43	47	88	81	49	102	141	200
Postretirement plans
-0	-0	-0	-0	-1	-1	-1	-1	-1	-1	-2	-0	19	20	21	22	26	27	26	32	43	49	50	52	43	36	37	38	39	29	30	30	37	30	31	31	32	30	31
Deferred compensation plan
3	3	3	2	2	2	2	2	2	-2	-2	1	-1	-1	-2	-2	-3	-3	-3	-3	-3	-3	-3	-2	-3	-3	-3	-3	-3	-3	-3	-3	-3	-3	-4	-3	-3	-3	-2
Interest rate swap
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-0	-1	-1	-1	-1	-1	-2	-2	-1	-1	-0	-	-	-	0	-	-	-	-	-	-	-
Treasury stock, at cost; 3,350,023 shares and 3,192,252 shares at September 30, 2018 and December 31, 2017, respectively
147	146	145	138	138	138	138	135	135	134	134	132	131	131	132	128	128	127	126	126	126	126	125	127	128	128	128	128	128	128	128	127	128	128	128	124	124	124	123
Total shareholders equity
3,607	3,628	3,554	3,438	3,173	3,187	3,154	3,120	3,172	3,116	3,076	2,895	3,464	3,690	3,399	3,414	3,361	2,914	2,911	2,858	2,769	2,781	2,691	2,676	2,621	2,692	2,473	2,432	2,487	2,257	2,148	2,154	2,166	2,184	2,129	1,988	1,988	1,991	1,913
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY
5,724	5,462	5,205	5,033	4,853	4,746	4,598	4,579	4,569	4,504	4,393	4,611	5,531	5,872	6,228	6,138	5,832	6,982	6,780	6,622	6,614	6,505	6,293	6,175	5,919	5,779	5,432	5,237	4,875	4,511	4,389	4,363	4,103	4,017	4,040	3,803	3,684	3,768	3,775