Src energy inc. (SRCI)
Balance Sheet / TTM
Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11
Assets [Abstract]
Current assets:
Cash and cash equivalents

69,496

27,839

56,813

49,609

19,236

53,145

71,743

48,772

21,325

36,677

33,197

18,615

63,757

78,634

50,937

66,499

133,908

190,205

218,470

47,111

34,753

47,979

34,380

20,973

19,463

19,211

18,273

12,465

19,284

27,764

38,852

7,198

9,490

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

20,028

40,032

60,018

-

-

-

0

-

-

-

-

Accounts receivable:
Oil, natural gas, and NGL sales

60,611

80,510

102,096

100,973

110,912

81,299

93,732

86,013

72,309

37,727

21,924

25,728

11,925

11,715

10,539

12,527

13,601

14,781

11,523

21,059

16,974

14,866

11,981

9,425

7,361

6,262

5,897

5,224

3,606

3,032

3,237

1,533

2,185

Trade

19,698

21,961

29,775

39,415

29,559

20,159

18,718

18,134

45,280

28,630

18,894

6,805

8,738

13,178

13,484

12,156

15,325

18,487

27,751

24,964

15,398

8,737

5,696

5,468

4,700

3,901

3,758

3,735

3,268

3,084

2,651

2,455

2,406

Inventory

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

405

506

294

194

252

252

178

178

192

490

391

459

Commodity derivative assets

15,166

12,061

7,081

34,906

-

-

-

0

0

1,579

622

297

1,610

1,456

6,066

6,572

2,897

4,268

10,387

11,984

365

-

-

69

0

320

124

-

-

-

-

-

-

Earnest money deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,250

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

14,616

7,257

8,610

7,537

11,996

8,609

6,944

7,116

6,289

4,075

4,566

2,739

2,612

876

1,940

1,944

1,109

1,311

1,432

1,074

750

120

292

471

239

57

137

219

132

38

102

153

89

Total current assets

179,587

149,628

204,375

232,440

171,703

163,212

191,137

160,035

145,203

108,688

79,203

54,184

106,886

124,073

82,966

99,698

166,840

229,052

269,563

112,442

68,240

72,107

72,883

76,732

91,975

30,003

28,441

21,821

26,468

34,112

45,334

11,734

14,630

Property and equipment:
Proved properties, net of accumulated depletion

1,804,476

1,775,675

1,663,635

1,545,445

1,364,116

1,131,313

1,021,725

970,584

758,135

601,572

502,329

424,082

382,180

384,350

378,536

411,291

452,393

407,576

333,995

295,396

275,018

225,184

209,747

170,142

132,979

129,839

126,821

70,173

59,936

-

-

-

33,858

Wells in progress

200,326

175,400

192,459

227,262

244,206

159,173

149,214

106,269

158,192

127,111

82,664

81,780

-

-

-

21,310

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unproved properties and land, not subject to depletion

666,439

667,678

722,388

740,453

748,695

775,717

796,225

793,669

327,154

327,433

355,267

398,547

458,802

434,483

103,997

93,600

77,564

-

-

-

95,278

-

-

-

-

-

-

-

-

-

-

-

-

Oil and gas properties, net

2,671,241

2,618,753

2,578,482

2,513,160

2,357,017

2,066,203

1,967,164

1,870,522

1,243,481

1,056,116

940,260

904,409

840,982

818,833

482,533

526,201

529,957

-

-

-

370,296

-

-

-

-

-

-

-

-

80,703

67,457

55,855

-

Unproved properties and properties under development, not being amortized

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

170,639

213,704

126,994

-

88,441

57,519

89,307

64,715

42,695

32,334

35,779

32,484

-

-

-

14,756

Other property and equipment, net

4,395

4,881

5,218

5,540

5,902

6,126

5,945

6,054

6,152

6,312

6,113

4,327

1,626

5,456

5,477

646

4,783

4,811

4,812

4,849

9,104

9,234

8,751

2,029

271

276

304

262

282

298

285

268

283

Total property and equipment, net

2,675,636

2,623,634

2,583,700

2,518,700

2,362,919

2,072,329

1,973,109

1,876,576

1,249,633

1,062,428

946,373

908,736

842,608

824,289

488,010

526,847

534,740

583,026

552,511

427,239

379,400

322,859

276,017

261,478

197,965

172,810

159,459

106,214

92,702

81,001

67,743

56,123

48,898

Cash held in escrow and other deposits

-

-

-

-

-

-

-

-

0

19,794

18,219

18,248

18,244

18,214

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commodity derivative assets

3,287

-

-

0

-

204

-

-

-

-

-

-

22

355

2,227

2,996

1,565

4,615

6,798

4,534

54

-

-

-

-

48

-

-

-

-

-

-

-

Goodwill

-

-

-

-

40,711

40,711

40,711

40,711

40,711

40,711

40,711

40,711

40,711

40,711

40,711

40,711

40,711

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax asset, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

332

1,809

3,241

-

0

Other assets

9,062

11,824

8,588

3,574

3,599

6,090

2,049

2,242

2,359

2,012

2,077

2,234

2,392

2,328

2,386

2,364

2,593

2,767

2,971

850

848

595

646

602

1,296

680

563

2,707

1,230

236

219

228

168

Total assets

2,867,572

2,785,086

2,796,663

2,754,714

2,578,932

2,282,546

2,207,006

2,079,564

1,437,906

1,233,633

1,086,583

1,024,113

992,619

991,756

616,300

672,616

746,449

819,460

831,843

545,065

448,542

395,561

349,546

338,812

291,236

203,541

188,463

130,742

120,732

117,160

116,538

68,087

63,697

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable and accrued expenses

104,840

76,648

118,981

150,010

171,951

95,685

106,509

74,672

134,144

97,850

97,726

52,453

42,415

24,435

3,157

36,573

670

1,027

538

354

1,747

1,137

396

346

949

5,456

2,094

426

1,499

606

11,441

8,489

8,746

Well costs payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,324

-

33,071

26,491

30,598

69,511

71,849

47,489

17,966

26,813

25,491

6,625

5,539

8,522

5,733

5,877

-

-

-

Revenue payable

94,130

95,838

92,027

97,030

82,670

69,488

77,171

64,111

58,742

34,864

19,044

16,557

13,614

12,671

10,471

13,603

19,044

18,786

23,671

25,251

14,487

9,529

9,244

8,810

6,081

6,400

6,674

4,981

4,160

-

-

-

-

Production taxes payable

92,752

81,905

102,072

95,099

77,115

60,624

57,720

52,413

37,017

23,071

13,097

17,673

14,177

16,387

26,132

24,530

20,899

17,120

21,523

18,983

14,376

10,984

11,986

8,422

6,277

5,571

6,703

4,582

3,805

-

-

-

-

Asset Retirement Obligation, Current

4,832

10,608

13,495

11,694

2,771

3,963

4,180

3,246

2,738

2,512

1,508

2,683

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commodity derivative liabilities

-

-

-

-

18,570

20,189

11,574

7,865

786

0

45

2,874

-

-

-

0

0

0

0

0

302

282

1,675

0

2,315

-

-

-

0

-

-

-

-

Asset retirement obligations

-

-

-

-

-

-

-

-

-

-

-

-

2,319

695

927

-

27

457

950

1,818

817

303

289

504

254

267

355

248

395

7,744

-

-

-

Accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,212

2,660

-

Notes payable, related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,200

Total current liabilities

296,554

264,999

326,575

353,833

353,077

249,949

257,154

202,307

233,427

158,297

131,420

92,240

72,525

54,188

56,011

74,706

73,711

63,881

77,280

115,917

103,578

69,724

41,556

44,895

41,367

24,319

21,365

18,759

15,592

14,229

14,654

11,149

13,946

Long-term Line of Credit, Noncurrent

165,000

165,000

195,000

195,000

115,000

25,000

0

0

150,000

90,000

0

0

0

0

0

78,000

78,000

141,000

146,000

77,000

37,000

37,000

37,000

37,000

37,000

44,486

41,486

5,486

3,000

3,000

5,392

5,392

0

Notes payable, net of issuance costs

540,293

539,977

539,666

539,360

539,050

538,762

538,471

538,186

76,216

76,010

75,809

75,614

75,424

75,860

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commodity derivative liabilities

-

-

-

-

1,671

-

-

-

394

-

-

-

80

168

-

-

0

0

0

-

307

1,714

143

81

334

-

257

-

0

-

-

-

-

Asset Retirement Obligations, Noncurrent

43,802

38,609

36,093

40,052

48,951

23,154

25,330

28,376

33,981

12,673

13,955

13,775

11,529

11,699

13,676

13,400

12,334

7,772

7,189

5,109

4,730

4,144

3,933

3,540

2,777

2,694

1,610

1,171

1,027

916

815

712

643

Deferred taxes

87,279

74,238

56,002

37,967

18,076

9,158

5,811

0

-

-

-

-

-

-

-

-

10,007

34,670

36,504

33,296

21,437

15,379

12,263

9,925

6,538

4,288

2,587

983

0

-

-

-

-

Other liabilities

3,467

4,646

3,747

2,210

2,308

2,398

2,329

2,261

2,268

2,286

1,981

1,745

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total liabilities

1,136,395

1,087,469

1,157,083

1,168,422

1,078,133

848,421

829,095

771,130

496,286

339,266

223,165

183,374

159,558

141,915

69,687

166,106

174,052

247,323

266,973

231,322

167,052

127,961

94,895

95,441

88,016

75,787

67,305

26,399

19,619

18,145

20,862

17,254

14,589

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

Shareholders' equity:
Preferred stock - $0.01 par value, 10,000,000 shares authorized: no shares 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

0

0

0

0

0

0

0

0

Common stock - $0.001 par value, 400,000,000 shares authorized: 243,511,005 and 242,608,284 shares issued and outstanding as of September 30, 2019 and December 31, 2018, respectively

244

243

243

243

243

242

242

241

201

201

201

201

201

200

126

110

105

105

104

80

78

78

77

76

71

56

55

52

52

51

51

36

36

Additional paid-in capital

1,502,977

1,499,213

1,495,644

1,492,107

1,488,588

1,484,543

1,477,953

1,474,273

1,158,317

1,154,912

1,151,899

1,148,998

1,146,621

1,144,161

687,159

595,671

538,631

533,091

523,344

276,893

265,793

262,335

256,547

250,429

216,383

141,929

138,949

124,868

123,876

123,726

122,818

84,108

84,011

Retained earnings

227,956

198,161

143,693

93,942

11,968

-50,660

-100,284

-166,080

-216,898

-260,746

-288,682

-308,460

-313,761

-294,520

-140,672

-89,271

33,661

38,941

41,422

36,770

15,619

5,187

-1,973

-7,134

-13,234

-14,231

-17,846

-20,577

-22,815

-24,762

-27,193

-33,312

-34,939

Stockholders' Equity Attributable to Parent

1,731,177

1,697,617

1,639,580

1,586,292

1,500,799

1,434,125

1,377,911

1,308,434

941,620

894,367

863,418

840,739

833,061

849,841

546,613

506,510

572,397

572,137

564,870

313,743

281,490

267,600

254,651

243,371

203,220

127,754

121,158

104,343

101,113

99,014

95,675

50,832

49,108

Total liabilities and shareholders' equity

2,867,572

2,785,086

2,796,663

2,754,714

2,578,932

2,282,546

2,207,006

2,079,564

1,437,906

1,233,633

1,086,583

1,024,113

992,619

991,756

616,300

672,616

746,449

819,460

831,843

545,065

448,542

395,561

349,546

338,812

291,236

203,541

188,463

130,742

120,732

117,160

116,538

68,087

63,697