PARSLEY ENERGY, INC. PE Balance Sheet

Parsley energy, inc. (PE)

Balance Sheet / Quarterly

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
45	20	4	64	10	163	167	201	350	554	242	502	1,916	133	571	441	28	343	123	21	27	50	132	523	19
Short-term investments
-	-	-	-	-	-	0	99	149	149	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Restricted cash
-	-	-	-	-	-	-	-	-	-	4	3	3	3	2	2	1	1	-	-	-	-	-	-	-
Accounts receivable, net of allowance for doubtful accounts:
Joint interest owners and other
44	48	43	30	36	39	30	29	49	42	31	17	8	12	13	40	24	14	20	14	36	37	36	52	90
Oil, natural gas and natural gas liquids
126	192	176	158	176	136	179	178	159	123	94	76	70	59	45	47	26	21	23	26	19	22	38	36	15
Related parties
5	0	0	0	2	0	0	0	0	0	0	0	0	0	0	0	1	0	0	1	2	4	1	1	1
Short-term derivative instruments, net
529	127	216	134	82	191	30	42	34	41	94	117	67	39	32	27	72	83	58	33	54	80	9	3	6
Assets held for sale
-	-	-	-	-	-	0	0	0	1	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	6	-
Materials and supplies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	3	4	3	3
Other current assets
56	8	10	7	9	10	11	41	6	6	5	8	143	50	25	30	18	24	7	5	4	4	1	2	1
Total current assets
809	398	451	395	317	540	419	594	750	919	474	727	2,209	299	692	590	172	488	233	102	148	204	224	629	137
PROPERTY, PLANT AND EQUIPMENT
Oil and natural gas properties, successful efforts method
7,389	11,272	10,988	10,675	10,327	9,948	9,893	9,434	8,964	8,551	8,150	7,803	4,844	4,063	3,435	3,027	2,566	2,246	2,248	2,099	2,014	1,872	1,602	1,145	614
Accumulated depreciation and depletion
0	2,117	1,851	1,647	1,464	1,295	1,222	1,074	938	822	732	640	573	506	450	386	338	290	252	207	164	128	92	73	34
Total oil and natural gas properties, net
7,389	9,154	9,136	9,028	8,863	8,653	8,670	8,360	8,025	7,728	7,417	7,162	4,271	3,557	2,985	2,641	2,227	1,955	1,996	1,891	1,849	1,744	1,509	1,072	579
Other property, plant and equipment, net
184	170	179	188	178	170	145	146	131	106	87	77	68	59	47	33	31	29	34	35	19	16	10	8	7
Total property, plant and equipment, net
7,573	9,324	9,316	9,216	9,041	8,823	8,816	8,506	8,157	7,835	7,505	7,239	4,340	3,616	3,032	2,675	2,259	1,985	2,031	1,926	1,869	1,760	1,520	1,080	586
NONCURRENT ASSETS
Operating lease assets, net of accumulated depreciation
124	128	167	179	157	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets held for sale, net
-	-	-	-	-	-	0	0	0	14	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Long-term derivative instruments, net
95	0	54	39	27	20	13	30	25	15	60	109	107	16	21	20	20	25	42	30	47	70	25	20	13
Deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	-	-	-	-	-	-	-	-	-	-
Equity investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	-	2	1	1
Deferred loan costs, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	12	11	12	13	14	2
Other noncurrent assets
4	4	5	6	9	6	7	7	8	7	8	9	7	6	3	4	4	5	3	3	0	2	9	0	-
Total noncurrent assets
223	133	228	225	194	26	21	38	33	38	69	119	114	22	31	24	24	31	57	46	62	86	51	35	18
TOTAL ASSETS
8,607	9,856	9,995	9,838	9,554	9,391	9,256	9,139	8,940	8,793	8,049	8,085	6,664	3,938	3,756	3,290	2,456	2,505	2,321	2,075	2,080	2,051	1,795	1,746	742
LIABILITIES AND EQUITY
CURRENT LIABILITIES
Accounts payable and accrued expenses
525	416	410	423	402	364	380	426	415	407	313	336	207	162	132	157	142	151	158	113	120	139	151	136	158
Revenue and severance taxes payable
180	154	135	132	126	127	135	134	124	109	95	87	78	69	57	45	35	37	36	37	37	38	39	36	28
Current portion of long-term debt
-	-	-	-	-	-	2	2	2	2	8	3	2	67	1	1	0	0	0	0	0	0	0	0	0
Short-term derivative instruments, net
192	158	177	150	138	152	74	68	74	84	90	73	52	44	21	18	30	34	20	9	17	29	1	1	4
Current operating lease liabilities
55	61	83	79	69	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current deferred tax liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	8	13	12	-	-	-
Other current liabilities
4	5	3	3	4	4	8	7	7	7	5	5	3	1	3	3	4	4	5	4	-	-	-	-	-
Amounts due related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Total current liabilities
958	795	809	789	741	648	601	639	624	612	513	507	344	344	216	225	215	228	234	174	190	220	192	174	191
NONCURRENT LIABILITIES
Liabilities related to assets held for sale
-	-	-	-	-	-	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Long-term debt
2,998	2,182	2,197	2,221	2,180	2,181	2,181	2,180	2,179	2,179	1,487	1,490	1,490	1,041	942	742	546	546	556	601	556	676	556	558	429
Deferred tax liability
11	193	191	156	121	131	130	100	55	21	9	10	36	5	6	51	53	62	58	57	62	62	50	41	2
Operating lease liability
71	69	87	102	92	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payable pursuant to tax receivable agreement
0	70	71	71	71	68	65	62	62	58	114	114	114	94	101	51	51	51	50	50	50	50	51	56	-
Long-term derivative instruments, net
17	0	46	40	29	16	19	34	27	20	50	75	82	12	12	15	11	15	23	11	16	31	4	3	2
Asset retirement obligations
27	20	27	26	25	24	20	20	20	19	14	14	11	9	13	13	14	13	15	14	16	16	14	11	8
Financing lease liability
1	1	1	2	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Liabilities, Noncurrent
0	0	0	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	0	-	0	-
Total noncurrent liabilities
3,128	2,537	2,623	2,620	2,522	2,422	2,416	2,399	2,346	2,300	1,675	1,705	1,736	1,163	1,077	874	677	689	703	735	703	837	677	671	443
COMMITMENTS AND CONTINGENCIES
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0
MEMBERS' EQUITY
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30
MEZZANINE EQUITY
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	77
STOCKHOLDERS' EQUITY
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued and outstanding
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
Additional paid in capital
6,994	5,200	5,195	5,190	5,175	5,163	5,140	5,123	4,911	4,666	4,608	4,582	4,129	2,151	2,149	1,851	1,254	1,252	1,041	844	842	644	643	644	-
(Accumulated deficit) retained earnings
-2,814	570	615	504	388	412	358	245	126	43	-6	6	-33	-63	-32	-29	-8	10	26	25	44	61	18	1	-
Treasury stock, at cost, 717,308 shares and 1,018,690 shares at March 31, 2020 and December 31, 2019
11	17	17	17	17	11	11	11	7	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-
Total stockholders' equity
4,173	5,757	5,796	5,680	5,549	5,568	5,490	5,360	5,034	4,712	4,604	4,592	4,098	2,089	2,118	1,823	1,247	1,264	1,069	871	888	707	663	646	-
Noncontrolling interests
347	765	766	747	740	751	748	739	935	1,168	1,255	1,280	484	340	344	366	315	322	313	294	299	285	262	253	-
Total equity
4,520	6,522	6,562	6,428	6,290	6,319	6,238	6,100	5,969	5,880	5,859	5,873	4,583	2,430	2,462	2,190	1,563	1,586	1,382	1,166	1,187	992	925	900	108
TOTAL LIABILITIES AND EQUITY
8,607	9,856	9,995	9,838	9,554	9,391	9,256	9,139	8,940	8,793	8,049	8,085	6,664	3,938	3,756	3,290	2,456	2,505	2,321	2,075	2,080	2,051	1,795	1,746	742
Class A, $0.01 par value, 600,000,000 shares authorized, 378,295,514 shares issued and 377,578,206 shares outstanding at March 31, 2020 and 282,260,133 shares issued and 281,241,443 shares outstanding at December 31, 2019
Common stock
3	2	2	2	2	2	2	2	2	2	2	2	2	-	-	-	-	-	-	-	-	-	-	-	-
Class B, $0.01 par value, 125,000,000 shares authorized, 35,147,222 and 35,420,258 shares issued and outstanding at March 31, 2020 and December 31, 2019
Common stock
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-