GASTAR EXPLORATION INC. GST Balance Sheet

Gastar exploration inc. (GST)

Balance Sheet / Yearly

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	Jun'14	Mar'14	Dec'13	Dec'12
Class of Stock
Class of Stock
Series A Preferred Stock
Series B Preferred Stock
ASSETS
CURRENT ASSETS:
Cash and cash equivalents
17,570	51,072	100,215	13,266	29,229	38,686	64,595	71,529	46,739	50,761	26,950	50,074	10,351	9,378	12,143	11,008	24,763	26,913	32,393	8,901
Accounts receivable, net of allowance for doubtful accounts of $1,953
20,906	18,156	22,148	38,575	40,353	56,273	36,979	26,883	8,476	7,324	11,905	14,302	9,860	16,431	18,187	30,841	20,406	18,329	21,656	9,540
Commodity derivative contracts
0	140	542	1,370	4,400	7,463	6,293	6,212	5,240	7,729	7,767	15,534	16,895	13,159	18,815	19,687	223	266	0	7,799
Prepaid expenses
2,302	640	928	960	1,167	725	652	755	4,694	4,881	4,956	5,056	611	686	1,808	2,083	982	1,064	1,145	1,097
Total current assets
40,778	70,008	123,833	54,171	75,149	103,147	108,519	105,379	65,149	70,695	51,578	84,966	37,717	39,654	50,953	63,619	46,374	46,572	55,194	27,337
PROPERTY, PLANT AND EQUIPMENT:
Oil and natural gas properties, full cost method of accounting:
Unproved properties, excluded from amortization
144,386	141,027	136,178	131,955	135,945	126,501	125,940	67,333	109,267	87,727	103,221	92,609	91,126	123,162	120,341	128,274	104,545	99,351	96,220	67,892
Proved properties
1,343,162	1,313,792	1,276,638	1,344,329	1,303,165	1,277,551	1,259,201	1,253,061	1,242,667	1,239,324	1,292,089	1,286,373	1,233,716	-	-	1,124,367	-	-	-	-
Proved properties
-	-	-	-	-	-	-	-	-	-	-	-	-	1,208,229	1,174,581	-	1,000,211	967,882	935,773	671,193
Total oil and natural gas properties
1,487,548	1,454,819	1,412,816	1,476,284	1,439,110	1,404,052	1,385,141	1,320,394	1,351,934	1,327,051	1,395,310	1,378,982	1,324,842	1,331,391	1,294,922	1,252,641	1,104,756	1,067,233	1,031,993	739,085
Furniture and equipment
3,615	3,604	3,849	3,838	3,031	3,015	2,663	2,622	2,615	2,613	3,072	3,068	3,061	3,055	3,013	3,010	2,849	2,839	2,691	1,925
Total property, plant and equipment
1,491,163	1,458,423	1,416,665	1,480,122	1,442,141	1,407,067	1,387,804	1,323,016	1,354,549	1,329,664	1,398,382	1,382,050	1,327,903	1,334,446	1,297,935	1,255,651	1,107,605	1,070,072	1,034,684	741,010
Accumulated depreciation, depletion and amortization
1,196,792	1,189,332	1,164,005	1,155,027	1,147,774	1,141,715	1,135,664	1,131,012	1,125,881	1,120,659	1,115,342	1,053,116	891,414	694,054	577,822	563,351	539,833	529,553	517,171	484,759
Total property, plant and equipment, net
294,371	269,091	252,660	325,095	294,367	265,352	252,140	192,004	228,668	209,005	283,040	328,934	436,489	640,392	720,113	692,300	567,772	540,519	517,513	256,251
OTHER ASSETS:
Restricted cash
25	25	370	370	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash
-	-	-	-	370	369	369	-	-	-	-	-	-	-	-	-	-	-	-	-
Commodity derivative contracts
-	-	-	-	416	1,973	1,445	1,638	3,915	5,223	8,309	9,335	10,710	9,996	13,404	7,815	2,009	6,396	7,545	1,369
Deferred charges, net
-	-	-	-	0	0	0	676	616	743	1,667	985	2,625	2,889	2,682	2,586	2,901	2,986	2,950	836
Advances to operators
79	79	81	82	100	54	87	102	498	561	629	331	686	-	-	9,474	-	-	-	-
Other
0	0	150	405	405	405	405	405	-	-	-	4,944	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	1,121	1,121	4,944	-	-	-	-	0	-	-	-	-
Total other assets
104	104	601	857	1,291	2,801	2,306	2,821	6,150	7,648	15,549	15,595	14,021	795	2,770	19,875	7,464	2,244	6,733	4,275
Total other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	13,680	18,856	-	12,374	11,626	17,228	6,480
TOTAL ASSETS
335,253	339,203	377,094	380,123	370,807	371,300	362,965	300,204	299,967	287,348	350,167	429,495	488,227	693,726	789,922	775,794	626,520	598,717	589,935	290,068
LIABILITIES AND STOCKHOLDERS DEFICIT
CURRENT LIABILITIES:
Accounts payable
20,228	13,026	8,537	24,382	11,411	15,064	8,034	8,867	4,585	2,887	6,942	2,029	12,952	13,333	19,780	28,843	11,921	11,520	11,046	23,863
Revenue payable
11,993	16,756	17,676	11,823	16,428	14,933	11,173	6,690	5,667	5,975	9,812	5,985	5,350	6,770	8,258	9,122	27,386	14,536	12,514	8,801
Accrued interest
7,808	7,558	7,317	7,298	7,271	812	933	3,515	10,517	3,512	10,660	3,730	10,565	3,553	10,550	3,528	3,528	10,512	3,504	151
Accrued drilling and operating costs
8,841	10,258	15,885	9,381	12,100	6,786	5,224	2,615	5,250	2,766	2,102	2,010	6,672	6,351	6,598	5,977	5,591	5,671	8,756	3,907
Advances from non-operators
623	757	1,502	1,445	1,589	2,895	2,775	3,504	110	5	147	167	0	0	1,025	1,820	9,785	14,189	9,259	17,540
Commodity derivative contracts
13,211	11,688	6,278	4,416	326	0	184	338	102	170	-	0	-	-	-	-	-	-	-	-
Commodity derivative contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	166	56	-	6,626	5,876	3,403	1,399
Commodity derivative premium payable
0	68	102	135	1,337	1,492	1,544	1,654	1,750	1,660	1,723	3,194	2,393	1,515	2,472	2,481	1,377	728	145	0
Asset retirement obligation
-	-	-	-	0	0	0	89	89	89	89	89	88	86	84	82	42	338	633	358
Other accrued liabilities
6,457	5,010	7,569	2,706	2,791	2,858	3,414	2,462	7,296	6,748	6,053	6,764	3,123	-	-	3,175	-	-	-	-
Other accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	9,251	1,975	-	3,169	2,678	4,844	1,493
Total current liabilities
69,161	65,121	64,866	61,586	53,253	44,840	33,281	29,734	35,366	23,812	37,528	23,968	41,143	41,025	50,798	55,028	69,425	66,048	54,104	57,512
LONG-TERM LIABILITIES:
Long-term debt
373,161	362,752	352,758	342,952	333,593	330,841	365,066	404,493	418,620	417,765	496,927	516,476	397,189	-	-	360,303	-	-	-	-
Commodity derivative contracts
2,634	4,182	3,289	2,572	129	-	1,077	0	0	0	0	451	309	-	-	0	-	-	-	-
Long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	411,545	380,916	-	334,120	313,550	312,994	98,000
Commodity derivative contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	616	340	-	234	166	378	1,304
Commodity derivative premium payable
-	-	-	-	34	281	626	969	1,427	1,886	2,339	2,788	3,588	4,051	4,809	4,702	5,952	6,417	7,000	0
Asset retirement obligation
2,577	2,431	2,361	4,841	4,574	4,399	4,282	5,443	5,626	5,586	6,111	5,997	6,052	5,873	5,676	5,475	5,767	5,618	5,430	6,605
Other long-term liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	111
Total long-term liabilities
378,372	369,365	358,408	350,365	338,330	335,521	371,051	410,905	425,673	425,237	505,377	525,712	407,138	422,085	391,741	370,480	346,073	325,751	325,802	106,020
Commitments and contingencies (Note 13)
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
STOCKHOLDERS DEFICIT:
Common stock, par value $0.001 per share; 800,000,000 shares authorized at September 30, 2018 and December 31, 2017, respectively; 218,933,504 and 218,874,418 shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively
219	219	222	219	219	214	186	150	132	132	82	80	78	78	78	78	61	61	61	316,346
Additional paid-in capital
821,229	820,699	820,710	819,554	817,627	815,842	777,166	644,306	626,379	621,954	572,867	571,947	570,937	-	-	568,440	-	-	-	-
Additional paid-in capital
-	-	-	-	-	-	-	-	-	-	-	-	-	569,788	568,541	-	465,671	463,584	464,730	28,336
Accumulated deficit
-933,790	-916,263	-867,174	-851,663	-838,684	-825,179	-818,781	-784,953	-787,645	-783,849	-765,749	-692,274	-531,131	-339,312	-221,298	-218,294	-254,772	-256,788	-254,823	-294,787
Total stockholders deficit
-112,280	-95,283	-46,180	-31,828	-20,776	-9,061	-41,367	-140,435	-161,072	-161,701	-192,738	-120,185	39,946	230,616	347,383	350,286	211,022	206,918	210,029	49,895
Preferred stock of subsidiary, aggregate liquidation preference $152,454 and $98,781 at December 31, 2013 and 2012, respectively
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	76,641
Total equity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	126,536
TOTAL LIABILITIES AND STOCKHOLDERS DEFICIT
335,253	339,203	377,094	380,123	370,807	371,300	362,965	300,204	299,967	287,348	350,167	429,495	488,227	693,726	789,922	775,794	626,520	598,717	589,935	290,068