Resolute energy corp (REN)
Balance Sheet / Yearly
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current assets:
Cash and cash equivalents

3,269

815

617

3,762

888

1,099

1,041

133,089

908

424

2,921

9,297

1,280

329

580

4,352

709

1,235

900

19

937

879

1,641

934

2,432

2,852

687

1,135

178

374

1,844

Accounts receivable

65,655

61,395

58,577

63,420

73,830

73,443

50,698

55,228

47,166

42,501

34,801

37,100

37,525

43,173

45,056

57,909

68,760

65,854

66,845

94,358

95,794

92,476

91,235

78,356

76,399

73,532

69,843

61,930

54,796

50,942

45,154

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,100

11,893

8,177

8,330

5,880

8,101

11,767

10,757

8,775

7,173

15,421

13,694

5,516

12,411

11,954

Derivative instruments

-

-

-

-

1,653

7,770

3,675

-

19,957

36,952

71,035

92,431

80,461

53,094

75,495

72,753

4,627

502

493

1,378

3,894

5,625

5,888

8,523

6,787

4,015

3,497

3,170

4,458

3,444

4,745

Prepaid expenses and other current assets

2,225

2,713

2,115

1,856

1,911

2,377

2,950

3,249

3,788

1,787

1,261

1,387

3,496

4,976

1,924

1,858

1,534

904

1,138

1,152

1,310

1,099

903

1,691

1,282

1,840

1,693

1,829

1,719

1,537

1,596

Total current assets

77,029

80,157

70,737

77,875

78,282

84,689

58,364

191,784

71,819

81,664

110,018

140,215

122,762

101,572

123,055

136,872

78,730

80,388

77,553

105,237

107,815

108,180

111,434

100,261

95,675

89,412

91,141

81,758

66,667

68,708

65,293

Property and equipment, at cost:
Oil and gas properties, full cost method of accounting, Unproved

276,543

272,600

266,391

248,059

254,865

246,421

118,081

121,375

12,501

16,547

27,733

21,264

174,841

224,886

247,290

270,375

270,575

313,502

282,796

274,420

269,038

303,280

258,929

185,579

65,585

85,646

70,598

64,357

66,022

58,248

37,235

Oil and gas properties, full cost method of accounting, Proved

2,327,780

2,227,757

2,083,859

2,030,316

2,132,497

2,046,355

1,925,489

1,889,111

1,806,101

1,801,812

1,755,485

1,732,707

1,802,857

1,744,808

1,756,520

1,706,847

1,676,508

1,587,407

1,571,411

1,544,942

1,469,652

1,423,393

1,405,245

1,231,167

1,034,740

1,002,973

926,220

885,503

828,298

739,163

689,021

Other property and equipment

14,262

13,367

12,672

12,879

13,271

12,150

9,774

9,754

9,754

9,717

9,678

9,648

10,078

10,042

10,026

9,994

9,947

9,779

9,183

8,069

6,566

6,201

6,000

5,602

5,400

5,170

4,878

4,070

3,929

3,184

2,869

Accumulated depletion, depreciation and amortization

1,816,310

1,783,350

1,759,912

1,737,116

1,709,800

1,684,673

1,662,721

1,647,120

1,630,809

1,618,791

1,608,370

1,540,447

1,450,458

1,231,283

995,409

744,220

589,137

556,842

525,889

494,642

270,991

244,651

216,189

191,625

169,087

149,742

131,016

114,214

97,692

83,706

57,564

Net property and equipment

802,275

730,374

603,010

554,138

690,833

620,253

390,623

373,120

197,547

209,285

184,526

223,172

537,318

748,453

1,018,427

1,242,996

1,367,893

1,353,846

1,337,501

1,332,789

1,474,265

1,488,223

1,453,985

1,230,723

936,638

944,047

870,680

839,716

800,557

716,889

671,561

Other assets:
Restricted cash

-

-

-

-

23,195

23,162

23,144

23,137

23,137

23,135

21,498

21,497

21,496

21,495

21,494

19,858

19,857

19,857

18,220

18,219

18,218

18,218

16,579

18,422

18,422

18,421

18,421

16,601

16,601

16,601

14,781

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

27,358

17,976

26,911

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Derivative instrument

-

-

-

-

-

412

-

-

366

712

3,664

3,463

19,570

21,142

37,777

39,799

-

-

-

0

825

982

736

-

2,288

2,064

1,958

2,291

3,074

2,435

3,098

Deferred financing costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,342

10,974

11,615

12,265

12,918

13,802

14,221

13,006

10,169

10,465

2,163

2,433

2,636

2,899

3,281

Other assets

274

274

274

274

10

33

17,426

332

2,002

2,731

1,995

2,636

271

155

168

182

198

521

615

299

1,110

1,291

4,106

1,718

2,336

8,273

8,518

4,761

5,829

1,274

2,509

Total assets

897,792

826,628

686,274

641,922

792,320

728,549

489,557

588,373

294,871

317,527

321,701

390,983

728,775

910,793

1,227,832

1,439,707

1,477,020

1,465,586

1,445,504

1,468,809

1,615,151

1,630,696

1,601,061

1,364,130

1,065,528

1,072,682

992,881

947,560

895,364

808,806

760,523

Liabilities and Stockholders Deficit
Current liabilities:
Accounts payable

25,170

30,165

25,532

16,077

27,123

24,333

17,870

8,675

7,959

15,558

12,775

7,101

7,250

7,991

15,758

25,781

19,661

19,523

20,164

32,601

-

-

-

24,309

-

-

-

-

-

-

-

Accrued expenses

101,674

100,176

67,067

53,754

71,873

68,254

45,436

37,507

49,170

43,173

40,816

44,414

44,134

45,531

48,783

65,799

104,060

90,549

77,715

81,478

131,530

102,002

104,617

71,954

105,860

105,859

107,481

87,447

77,043

70,459

58,144

Accrued revenue payable

36,556

28,196

24,730

28,255

33,219

24,645

19,241

19,801

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued cash-settled incentive awards

39,124

31,251

39,541

34,317

27,278

22,941

28,143

27,158

14,587

-

-

1,082

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest payable

21,489

8,680

18,742

7,574

18,651

7,779

14,211

5,784

14,364

5,793

14,261

5,764

14,294

5,795

14,239

5,739

14,214

6,784

14,240

5,739

14,202

5,999

14,557

5,698

-

-

-

138

-

-

-

Asset retirement obligations

-

-

-

-

1,216

1,354

690

895

1,051

1,069

1,068

891

775

806

631

327

1,094

1,344

1,812

1,825

2,808

3,190

3,390

3,417

2,853

2,978

3,327

3,953

2,813

2,843

3,072

Commodity derivative instruments

46,787

33,715

24,735

20,822

8,177

1,217

2,389

8,014

1,476

855

120

-

-

-

-

-

786

22,571

13,263

11,955

14,762

22,060

31,946

31,847

25,448

16,576

39,490

33,910

11,760

31,398

31,193

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

27,358

17,976

26,911

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Secured term loan facility

-

-

-

-

-

-

-

122,139

-

-

-

-

2,000

2,000

1,491

1,494

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

270,800

232,183

200,347

160,799

187,537

150,523

127,980

229,973

88,607

66,448

69,040

59,252

95,811

80,099

107,813

99,140

139,815

140,771

127,194

133,598

163,302

133,251

154,510

137,225

134,161

125,413

150,298

125,448

91,616

104,700

92,409

Long-term liabilities:
Revolving credit facility

108,151

71,090

37,802

27,487

122,185

96,883

16,540

8,821

-

30,000

-

-

137,643

157,407

237,172

231,936

335,000

335,000

320,000

335,000

285,000

320,000

390,000

162,000

18,000

27,000

-

170,000

-

-

-

Secured term loan facility

-

-

-

-

-

-

-

-

121,319

120,514

119,723

118,944

181,035

180,362

133,876

133,199

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Senior notes

597,994

597,709

523,462

523,240

523,008

522,998

397,409

397,154

396,891

396,620

396,340

396,051

395,754

395,462

395,132

394,807

401,515

401,568

401,620

401,671

401,721

401,770

401,818

401,865

250,000

250,000

-

-

-

-

-

Secured term loan facility, net of original issue discount of $10,500 at December 31, 2014

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Long term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

188,000

-

145,500

66,500

127,900

Asset retirement obligations

-

-

-

-

17,230

16,835

16,333

19,457

19,520

19,066

18,614

18,347

31,652

30,925

31,633

31,013

31,892

31,174

30,665

30,164

16,720

16,622

16,292

15,738

13,552

13,178

12,889

12,600

11,345

11,079

11,693

Commodity derivative instruments

11,392

4,503

2,433

990

4,557

1,974

2,096

4,104

4,341

4,919

2,592

-

-

-

-

-

-

-

-

-

1,892

1,770

5,626

-

12,812

15,229

30,427

30,701

21,645

56,724

51,279

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22,354

29,173

30,600

33,565

34,824

98,995

102,834

101,121

101,914

99,733

99,658

94,272

92,986

94,691

79,034

73,376

Other long-term liabilities

4,299

3,918

3,824

3,815

11,568

1,568

5,138

4,611

3,334

1,728

1,688

1,670

1,409

1,369

910

640

373

6,653

992

0

-

7,500

-

13,204

5,000

10,000

-

-

-

-

-

Total liabilities

992,636

909,403

767,868

716,331

866,085

790,781

565,496

664,120

634,012

639,295

607,997

594,264

843,304

845,624

906,536

913,089

937,768

945,766

914,036

935,257

967,630

983,747

1,069,367

831,946

533,258

540,478

475,886

431,735

364,797

318,037

356,657

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

Stockholders deficit:
Convertible preferred stock, $0.0001 par value; 1,000,000 shares authorized; issued and outstanding 62,500 shares at September 30, 2018 and December 31, 2017; $62.5 million liquidation preference

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 stock, $0.0001 par value; 45,000,000 shares authorized; issued and outstanding 23,165,855 and 22,527,652 shares at September 30, 2018 and December 31, 2017, respectively

2

2

2

2

2

2

2

2

2

2

8

2

8

8

8

8

8

8

8

8

8

8

6

6

6

6

6

6

6

6

5

Additional paid-in capital

971,690

968,188

964,367

957,426

954,198

951,129

948,112

948,380

664,338

662,855

661,415

659,124

655,689

652,618

649,638

646,738

642,224

637,758

633,286

631,822

628,685

625,439

519,209

516,650

515,111

512,566

520,179

518,267

517,029

514,802

436,794

Accumulated deficit

-1,066,536

-1,050,965

-1,045,963

-1,031,837

-1,027,965

-1,013,363

-1,024,053

-1,024,129

-1,003,481

-984,625

-947,719

-862,407

-770,226

-587,457

-328,350

-120,128

-102,980

-117,946

-101,826

-98,278

18,828

21,502

12,479

15,528

17,153

19,632

-3,190

-2,448

13,532

-24,039

-32,933

Total stockholders deficit

-94,844

-82,775

-81,594

-74,409

-73,765

-62,232

-75,939

-75,747

-339,141

-321,768

-286,296

-203,281

-114,529

65,169

321,296

526,618

539,252

519,820

531,468

533,552

647,521

646,949

531,694

532,184

532,270

532,204

516,995

515,825

530,567

490,769

403,866

Total liabilities and stockholders deficit

897,792

826,628

686,274

641,922

792,320

728,549

489,557

588,373

294,871

317,527

321,701

390,983

728,775

910,793

1,227,832

1,439,707

1,477,020

1,465,586

1,445,504

1,468,809

1,615,151

1,630,696

1,601,061

1,364,130

1,065,528

1,072,682

992,881

947,560

895,364

808,806

760,523