Sanchez energy corp (SN)
Balance Sheet / TTM
Sep'19Jun'19Mar'19Dec'18Sep'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'11
ASSETS
Current assets:
Cash and cash equivalents

179

203

200

197

368

437

550

184

174

128

124

501

328

324

362

435

196

271

345

473

596

385

110

153

479

226

269

50

133

34

62

63

Available-for-sale investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

25

-

11

-

-

-

-

Available-for-sale investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

-

-

-

Oil and natural gas receivables

69

79

79

87

98

88

86

101

80

67

50

41

34

39

33

30

34

44

45

69

93

56

49

51

36

24

10

10

4

2

2

1

Joint interest billings receivables

10

25

20

33

19

15

20

22

17

23

0

0

0

0

0

1

1

3

8

14

16

15

9

5

3

0

-

-

-

-

-

-

Accounts receivable - related entities

10

6

9

6

7

6

4

4

7

5

6

6

2

3

3

3

3

3

3

0

-

-

0

0

-

-

-

-

-

-

-

-

Fair value of derivative instruments

6

5

1

15

1

3

12

16

11

38

10

-

29

54

136

172

131

69

104

100

9

0

0

-

0

1

0

2

3

5

2

1

Deferred tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

18

8

6

-

-

-

-

-

-

-

-

Deferred tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7

-

-

-

-

-

-

-

Other current assets

24

16

27

33

17

10

12

21

24

9

8

12

15

16

22

23

19

12

22

23

12

5

3

1

0

0

0

0

0

0

0

0

Total current assets

300

336

338

372

512

561

686

350

315

272

201

562

410

438

558

666

388

405

529

681

733

482

182

219

538

278

281

74

153

43

67

66

Oil and natural gas properties, on the basis of successful efforts accounting:
Proved oil and natural gas properties

3,864

3,845

3,817

3,792

3,597

3,418

3,278

3,130

4,266

4,186

4,077

1,849

3,128

3,071

2,978

2,914

3,052

2,892

2,784

2,582

2,305

2,051

1,435

1,297

868

694

309

232

139

79

37

31

Unproved oil and natural gas properties

299

306

317

328

407

434

399

398

446

477

466

225

271

247

281

253

322

342

313

385

378

400

259

244

268

138

157

138

131

135

132

126

Total oil and natural gas properties

4,163

4,152

4,135

4,121

4,005

3,852

3,677

3,529

4,712

4,664

4,544

2,074

3,399

3,318

3,259

3,168

3,375

3,235

3,098

2,968

2,683

2,451

1,694

1,542

1,136

832

467

371

270

215

170

158

Less: Accumulated depreciation, depletion, amortization and impairment

1,947

1,891

1,827

1,761

1,684

1,618

1,558

1,501

2,869

2,818

2,769

1,370

2,706

2,610

2,480

2,412

2,365

1,822

1,249

706

381

288

218

157

98

60

35

22

15

11

8

6

Total oil and natural gas properties, net

2,216

2,260

2,307

2,359

2,320

2,233

2,119

2,027

1,843

1,845

1,775

704

693

708

779

756

1,009

1,412

1,848

2,261

2,302

2,163

1,476

1,385

1,038

772

431

348

254

204

161

151

Other assets:
Debt issuance costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

43

45

46

48

50

45

18

19

19

16

3

2

-

-

-

-

Fair value of derivative instruments

9

7

6

12

8

8

8

1

8

24

18

-

2

0

5

5

30

28

30

24

3

0

0

1

0

2

0

-

0

1

1

-

Right of use assets, net

280

298

322

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments (includes investment in SNMP measured at fair value of $0.8 million and $3.9 million as of September 30, 2019 and December 31, 2018, respectively)

12

15

18

16

35

46

37

38

30

33

48

39

53

70

55

49

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39

-

-

7

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

2

2

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

43

52

52

59

54

52

52

52

40

41

34

25

24

22

22

22

19

20

17

19

14

13

2

2

2

2

0

0

-

-

-

-

Total assets

2,862

2,972

3,046

2,819

2,931

2,904

2,903

2,470

2,240

2,218

2,078

1,332

1,185

1,240

1,421

1,501

1,532

1,935

2,475

3,042

3,104

2,704

1,680

1,629

1,599

1,071

716

426

408

249

230

217

LIABILITIES AND STOCKHOLDERS' DEFICIT
Current liabilities:
Debtor in possession financing

50

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

14

14

11

32

8

15

10

14

4

2

8

1

1

2

1

4

16

1

25

29

17

11

28

46

26

25

-

-

-

-

-

-

Accounts payable - related entities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

-

0

0

0

30

13

15

10

5

1

Other payables

16

138

124

74

98

100

84

81

69

3

3

2

2

1

1

2

3

7

5

4

4

6

5

2

2

4

-

-

-

-

-

-

Accrued liabilities:
Capital expenditures

7

18

15

61

109

93

98

85

114

96

52

35

40

28

57

51

72

85

104

162

-

-

-

86

-

-

-

-

-

-

-

-

Other

66

115

90

102

96

96

76

84

90

89

74

82

69

78

60

69

65

72

59

67

-

-

-

15

-

-

-

-

-

-

-

-

Accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

196

123

149

-

110

45

48

44

24

17

5

0

Deferred premium liability

-

-

-

-

-

-

-

-

-

-

-

2

8

14

20

24

18

12

-

-

4

3

1

0

-

-

-

1

-

-

-

-

Fair value of derivative instruments

0

11

22

0

103

102

73

56

3

2

17

31

3

7

-

-

-

-

-

-

0

27

9

-

-

1

1

-

0

1

2

-

Short term debt

-

-

0

0

23

23

23

23

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term lease liabilities

109

101

102

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of derivative instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

7

-

-

-

-

-

-

-

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39

20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current liabilities

31

19

23

75

107

71

105

115

76

79

17

31

19

16

14

14

-

-

-

5

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of derivative instruments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

-

-

-

-

Total current liabilities

296

418

392

348

550

503

474

462

358

272

172

185

145

150

156

167

216

198

194

268

223

174

195

158

153

77

81

59

40

28

14

2

Long term debt, net of premium, discount and debt issuance costs

166

-

-

2,395

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

-

-

-

-

-

-

-

Long term debt, net of premium, discount and debt issuance costs

-

2,387

2,396

-

2,368

2,364

2,366

1,930

1,878

1,893

1,881

1,712

1,710

1,708

1,706

1,705

1,746

1,746

1,746

1,746

1,746

1,443

593

593

593

400

50

-

-

-

-

-

Asset retirement obligations

49

48

47

46

39

38

37

36

33

31

33

25

28

27

26

25

34

28

27

25

24

22

7

4

3

2

1

0

0

0

0

0

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30

17

14

10

3

-

-

-

-

-

-

-

Deferred premium liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

12

-

-

1

2

3

4

-

-

-

-

-

-

-

-

Fair value of derivative instruments

-

0

3

0

25

31

20

17

7

1

4

3

2

4

-

-

-

-

-

0

0

9

0

0

-

-

0

-

-

-

-

-

Long-tern lease liabilities

173

199

222

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liabilities subject to compromise

2,398

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

0

0

0

21

28

34

39

65

52

56

63

89

58

52

54

58

1

1

1

0

-

-

-

-

0

-

-

-

-

-

-

-

Total liabilities

3,085

3,054

3,061

2,811

3,011

2,972

2,937

2,512

2,330

2,256

2,156

2,016

1,946

1,943

1,944

1,957

2,005

1,988

1,970

2,042

2,025

1,670

814

771

754

480

133

59

40

28

14

2

Commitments and contingencies (Note 17)

-

-

-

-

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

Mezzanine equity:
Preferred units ($1,000 liquidation preference, 500,000 units authorized, issued and outstanding as of September 30, 2019 and December 31, 2018)

474

479

472

452

458

452

433

427

414

409

403

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' deficit:
Preferred stock ($0.01 par value, 15,000,000 shares authorized; 619,503 and 1,838,985 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively, of 4.875% Convertible Perpetual Preferred Stock, Series A; 2,466,013 and 3,527,830 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively, of 6.500% Convertible Perpetual Preferred Stock, Series B)

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 stock ($0.01 par value, 300,000,000 shares authorized; 100,154,824 and 87,328,424 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively)

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

0

Additional paid-in capital

1,371

1,371

1,371

1,367

1,369

1,370

1,366

1,362

1,352

1,347

1,340

1,112

1,101

1,089

1,082

1,079

1,080

1,080

1,072

1,064

1,077

1,077

890

867

863

608

603

385

384

-

-

215

Additional paid-in capital

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

239

219

-

Accumulated deficit

-2,069

-1,934

-1,859

-1,812

-1,909

-1,891

-1,834

-1,832

-1,858

-1,795

-1,822

-1,797

-1,863

-1,792

-1,606

-1,536

-1,554

-1,133

-567

-65

0

-44

-25

-10

-19

-17

-20

-18

-17

-18

-3

-0

Total stockholders' deficit

-697

-562

-487

-444

-538

-519

-466

-469

-505

-447

-481

-683

-761

-703

-523

-456

-473

-53

505

999

1,078

1,033

866

857

845

591

583

366

367

220

216

215

Total liabilities and stockholders' equity deficit

2,862

2,972

3,046

2,819

2,931

2,904

2,903

2,470

2,240

2,218

2,078

1,332

1,185

1,240

1,421

1,501

1,532

1,935

2,475

3,042

3,104

2,704

1,680

1,629

1,599

1,071

716

426

408

249

230

217