Extraction oil & gas, inc. (XOG)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Dec'15Dec'14
ASSETS
Current Assets:
Cash and cash equivalents

31

32

57

35

112

234

274

68

15

6

114

88

284

588

1

97

79

Accounts receivable
Trade

49

32

55

35

27

41

44

42

61

46

52

25

21

23

19

27

28

Oil, natural gas and NGL sales

38

105

69

86

88

91

107

93

91

93

70

45

31

34

24

15

11

Inventory, prepaid expenses and other

34

36

28

18

27

26

26

24

14

13

13

10

9

7

5

7

4

Commodity derivative asset

164

17

66

11

0

48

13

15

5

4

0

22

-

0

0

68

39

Assets held for sale

-

-

0

0

0

21

-

-

12

0

-

-

-

-

-

-

-

Total Current Assets

319

223

277

187

256

464

465

243

202

163

251

192

347

653

51

217

162

Property and Equipment (successful efforts method), at cost:
Proved oil and gas properties

4,676

4,530

4,494

4,349

4,097

3,916

3,778

3,564

3,204

3,011

2,683

2,346

2,081

1,851

1,405

1,128

594

Unproved oil and gas properties

417

524

572

595

613

609

657

684

687

686

639

501

479

452

318

374

405

Wells in progress

154

149

104

117

130

144

108

113

160

127

130

167

141

98

61

59

41

Less: accumulated depletion, depreciation, amortization and impairment charges

3,057

2,985

1,498

1,388

1,267

1,152

1,029

908

803

709

610

518

451

402

341

181

33

Net oil and gas properties

2,191

2,218

3,672

3,673

3,572

3,517

3,515

3,453

3,249

3,116

2,843

2,496

2,250

1,999

1,444

1,380

1,007

Gathering systems and facilities, net of accumulated depreciation

0

315

307

241

173

114

63

26

-

4

-

-

-

-

-

-

-

Other property and equipment, net of accumulated depreciation

72

72

73

64

47

39

37

30

43

32

26

26

32

32

29

30

12

Net Property and Equipment

2,264

2,607

4,052

3,980

3,793

3,671

3,617

3,510

3,292

3,153

2,870

2,522

2,283

2,032

1,473

1,410

1,020

Non-Current Assets:
Cash held in escrow

-

-

-

-

-

-

-

-

-

-

0

8

22

42

42

-

10

Deferred equity issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

0

-

Commodity derivative asset

88

13

41

27

0

8

-

0

1

0

-

8

5

-

-

2

6

Goodwill and other intangible assets, net of accumulated amortization

-

-

-

-

-

-

56

55

55

55

54

54

54

54

-

-

-

Other non-current assets

30

82

69

56

46

21

19

14

13

12

11

10

1

2

1

1

1

Total Non-Current Assets

119

95

110

84

47

29

75

70

70

67

66

81

84

98

48

5

17

Total Assets

2,703

2,926

4,441

4,252

4,096

4,166

4,158

3,824

3,565

3,384

3,188

2,796

2,715

2,784

1,573

1,634

1,201

LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities:
Accounts payable and accrued liabilities

163

190

216

280

193

186

200

252

175

211

151

154

88

131

76

111

81

Accounts Payable and Accrued Liabilities, Related Party

46

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Due to related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Revenue payable

104

108

96

94

96

117

113

87

79

52

41

36

34

35

48

38

35

Production taxes payable

115

115

114

120

57

57

61

63

37

37

39

38

27

27

27

19

7

Commodity derivative liability

0

1

0

3

49

0

143

153

88

67

8

0

9

56

-

-

-

Accrued interest payable

18

20

17

19

17

22

18

22

19

23

14

19

9

19

8

0

0

Asset retirement obligations

15

27

26

17

15

15

12

12

9

6

4

4

4

5

3

0

1

Liabilities related to assets held for sale

-

-

0

0

0

3

-

-

-

0

-

-

-

-

-

-

-

Total Current Liabilities

464

464

471

536

428

402

550

592

410

399

260

254

172

274

187

170

125

Non-Current Liabilities:
Credit facility

470

470

550

480

325

285

290

190

100

90

-

-

-

0

89

225

100

Senior Notes, net of unamortized debt issuance costs

1,086

1,085

1,085

1,084

1,097

1,132

1,132

1,131

1,130

933

932

539

538

538

-

412

408

Production taxes payable

119

98

70

48

139

115

83

51

82

57

37

21

45

35

23

25

16

Commodity derivative liability

0

0

0

0

5

0

8

6

13

17

3

0

-

6

-

-

-

Other non-current liabilities

59

54

55

21

22

8

8

7

6

5

6

3

3

3

3

3

-

Asset retirement obligations

78

68

67

71

54

54

56

56

60

62

60

54

53

50

49

43

5

Deferred tax liability

2

0

110

95

80

109

54

32

28

42

98

115

111

106

-

-

-

Total Non-Current Liabilities

1,816

1,778

1,939

1,802

1,725

1,704

1,634

1,476

1,422

1,209

1,137

734

752

741

709

709

530

Total Liabilities

2,280

2,242

2,410

2,338

2,154

2,106

2,185

2,068

1,833

1,609

1,397

988

924

1,015

897

879

655

Commitments and Contingencies—Note 13

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

Series A Convertible Preferred Stock, $0.01 par value; 50,000,000 shares authorized, 185,280 issued and outstanding

182

175

169

167

165

164

162

161

159

158

156

155

154

153

-

-

-

Stockholders' Equity:
Common stock, $0.01 par value; 900,000,000 share authorized; 137,891,740 and 137,657,922 issued and outstanding, respectively

1

1

1

1

1

1

1

1

1

1

1

1

1

1

-

-

-

Additional paid-in capital

170

170

2,164

2,164

2,157

2,153

2,146

2,137

2,124

2,114

2,101

2,087

2,079

2,067

-

-

-

Additional paid-in capital

-2,143

-2,156

170

148

64

32

6

4

4

2

2

-

-

0

-

-

-

Accumulated deficit

-1,734

-1,743

-392

-426

-469

-375

-475

-540

-549

-497

-467

-437

-444

-453

-207

2

50

Total Extraction Oil & Gas, Inc. Stockholders' Equity

240

244

1,603

1,590

1,624

1,746

1,666

1,593

1,571

1,616

1,633

1,652

1,636

1,616

676

754

545

Noncontrolling interest

0

264

258

155

151

147

143

-

-

0

-

-

-

-

-

-

-

Total Stockholders' Equity

240

508

1,861

1,746

1,776

1,894

1,810

-

-

1,616

-

-

-

-

-

-

-

Total Liabilities and Stockholders' Equity

2,703

2,926

4,441

4,252

4,096

4,166

4,158

3,824

3,565

3,384

3,188

2,796

2,715

2,784

1,573

1,634

1,201