$CIVI
CIVITAS RESOURCES, INC.

2014 Q1 Form 10-Q Financial Statement

#000110465914036675 Filed on May 09, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q4 2013 Q1
Revenue $127.4M $133.1M $78.30M
YoY Change 62.71% 80.84% 63.81%
Cost Of Revenue $17.10M $10.80M $11.10M
YoY Change 54.05% 31.71% 56.34%
Gross Profit $110.3M $122.3M $67.20M
YoY Change 64.14% 87.0% 65.11%
Gross Profit Margin 86.58% 91.89% 85.82%
Selling, General & Admin $23.70M $15.20M $13.20M
YoY Change 79.55% 68.89% 120.0%
% of Gross Profit 21.49% 12.43% 19.64%
Research & Development $1.100M $700.0K $600.0K
YoY Change 83.33% -41.67% -50.0%
% of Gross Profit 1.0% 0.57% 0.89%
Depreciation & Amortization $41.20M $50.60M $23.47M
YoY Change 75.56% 106.53% 98.4%
% of Gross Profit 37.35% 41.37% 34.92%
Operating Expenses $93.76M $66.40M $53.03M
YoY Change 76.79% 91.91% 83.77%
Operating Profit $58.43M $62.78M $25.27M
YoY Change 131.2% 71.22% -3.27%
Interest Expense $9.335M -$6.000M $1.963M
YoY Change 375.55% 122.22% 249.59%
% of Operating Profit 15.98% -9.56% 7.77%
Other Income/Expense, Net -$18.06M $0.00 -$6.942M
YoY Change 160.18% 33.85%
Pretax Income $15.57M $40.80M $18.33M
YoY Change -15.05% 74.36% 32.98%
Income Tax $5.996M $15.30M $7.058M
% Of Pretax Income 38.5% 37.5% 38.5%
Net Earnings $13.30M $23.80M $11.30M
YoY Change 17.7% 83.08% 32.94%
Net Earnings / Revenue 10.44% 17.88% 14.43%
Basic Earnings Per Share $0.34 $0.64 $0.28
Diluted Earnings Per Share $0.34 $0.63 $0.28
COMMON SHARES
Basic Shares Outstanding 39.61M shares 39.25M shares
Diluted Shares Outstanding 39.76M shares 39.29M shares

Balance Sheet

Concept 2014 Q1 2013 Q4 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $131.0M $181.0M $3.000M
YoY Change 4266.67% 4425.0%
Cash & Equivalents $131.3M $180.6M $3.170M
Short-Term Investments
Other Short-Term Assets $4.000M $3.000M $4.000M
YoY Change 0.0% -40.0% 33.33%
Inventory $8.597M $10.70M $3.957M
Prepaid Expenses
Receivables $66.84M $57.49M $43.84M
Other Receivables $0.00 $0.00 $7.155M
Total Short-Term Assets $227.5M $264.2M $61.77M
YoY Change 268.26% 377.68% 41.82%
LONG-TERM ASSETS
Property, Plant & Equipment $1.379B $1.268B $5.230M
YoY Change 26269.21% 34.32% -99.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $13.46M $13.86M $3.262M
YoY Change 312.69% 304.09% -18.44%
Total Long-Term Assets $1.393B $1.282B $987.0M
YoY Change 41.1% 35.32% 44.82%
TOTAL ASSETS
Total Short-Term Assets $227.5M $264.2M $61.77M
Total Long-Term Assets $1.393B $1.282B $987.0M
Total Assets $1.620B $1.546B $1.049B
YoY Change 54.48% 54.21% 44.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $17.00M $114.0M $0.00
YoY Change 1040.0% -100.0%
Accrued Expenses $4.574M $5.440M $62.00M
YoY Change -92.62% 92.61% 24.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $220.5M $175.2M $93.94M
YoY Change 134.68% 70.78% 40.47%
LONG-TERM LIABILITIES
Long-Term Debt $509.0M $508.8M $192.0M
YoY Change 165.1% 222.05% 772.73%
Other Long-Term Liabilities $58.00M $53.00M $55.00M
YoY Change 5.45% 0.0% 292.86%
Total Long-Term Liabilities $567.0M $508.8M $247.0M
YoY Change 129.55% 222.05% 586.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $220.5M $175.2M $93.94M
Total Long-Term Liabilities $567.0M $508.8M $247.0M
Total Liabilities $948.2M $889.9M $457.5M
YoY Change 107.26% 109.9% 143.51%
SHAREHOLDERS EQUITY
Retained Earnings $141.8M $128.2M $70.31M
YoY Change 101.64% 117.16%
Common Stock $530.1M $527.8M $520.9M
YoY Change 1.76% 1.6%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $671.9M $656.0M $591.2M
YoY Change
Total Liabilities & Shareholders Equity $1.620B $1.546B $1.049B
YoY Change 54.48% 54.21% 44.64%

Cashflow Statement

Concept 2014 Q1 2013 Q4 2013 Q1
OPERATING ACTIVITIES
Net Income $13.30M $23.80M $11.30M
YoY Change 17.7% 83.08% 32.94%
Depreciation, Depletion And Amortization $41.20M $50.60M $23.47M
YoY Change 75.56% 106.53% 98.4%
Cash From Operating Activities $77.68M $115.9M $39.80M
YoY Change 95.19% 80.25% 125.04%
INVESTING ACTIVITIES
Capital Expenditures $126.1M $116.2M $69.90M
YoY Change 80.4% 12.05% 102.02%
Acquisitions
YoY Change
Other Investing Activities $3.800M -$1.500M -$1.500M
YoY Change -353.33% -136.59% 1400.0%
Cash From Investing Activities -$122.3M -$117.6M -$71.44M
YoY Change 71.2% 17.95% 105.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$4.627M 164.9M $30.54M
YoY Change -115.15% 373.85% 104.08%
NET CHANGE
Cash From Operating Activities $77.68M 115.9M $39.80M
Cash From Investing Activities -$122.3M -117.6M -$71.44M
Cash From Financing Activities -$4.627M 164.9M $30.54M
Net Change In Cash -$49.24M 163.2M -$1.097M
YoY Change 4388.51% -27300.0% -47.5%
FREE CASH FLOW
Cash From Operating Activities $77.68M $115.9M $39.80M
Capital Expenditures $126.1M $116.2M $69.90M
Free Cash Flow -$48.42M -$300.0K -$30.10M
YoY Change 60.85% -99.24% 77.96%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q1 us-gaap Proceeds From Sale Of Oil And Gas Property And Equipment
ProceedsFromSaleOfOilAndGasPropertyAndEquipment
6000000 USD
CY2014Q1 us-gaap Gain Loss On Sale Of Oil And Gas Property
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6514000 USD
CY2014Q1 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
17207000 USD
CY2014Q1 bcei Accrued General And Administrative Cost Current
AccruedGeneralAndAdministrativeCostCurrent
11648000 USD
CY2014Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4574000 USD
CY2014Q1 bcei Accrued Oil And Gas Hedging Current
AccruedOilAndGasHedgingCurrent
955000 USD
CY2014Q1 bcei Production Taxes And Other Current
ProductionTaxesAndOtherCurrent
13910000 USD
CY2013Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
3288000 USD
CY2014Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
168161000 USD
CY2014Q1 us-gaap Accrued Reclamation Costs Current
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166000 USD
CY2013Q4 bcei Accrued General And Administrative Cost Current
AccruedGeneralAndAdministrativeCostCurrent
12720000 USD
CY2013Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5440000 USD
CY2013Q4 us-gaap Accrued Reclamation Costs Current
AccruedReclamationCostsCurrent
168000 USD
CY2013Q4 bcei Accrued Oil And Gas Hedging Current
AccruedOilAndGasHedgingCurrent
446000 USD
CY2013Q4 bcei Production Taxes And Other Current
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11567000 USD
CY2013Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
121665000 USD
CY2014Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
104210000 USD
CY2013 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
80971000 USD
CY2014Q1 us-gaap Basis Of Accounting
BasisOfAccounting
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">NOTE 2 - BASIS OF PRESENTATION</font></b></p> <p style="MARGIN: 0in 0in 0pt;">&#160;</p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">These statements have been prepared in accordance with accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;) for interim financial information. The quarterly financial statements included herein do not necessarily include all of the disclosures as may be required under generally accepted accounting principles for complete financial statements. There has been no material change in the information disclosed in the notes to the consolidated financial statements included in BCEI&#8217;s Annual Report on Form&#160;10-K for the year ended December&#160;31, 2013 (&#8220;2013 Form&#160;10-K&#8221;), except as disclosed herein. These consolidated financial statements include all of the adjustments, which, in the opinion of management, are necessary for a fair presentation of the financial position and results of operations. All such adjustments are of a normal recurring nature only. The results of operations for the quarterly periods are not necessarily indicative of the results to be expected for the full fiscal year. The Company evaluated events subsequent to the balance sheet date of March&#160;31, 2014, through the filing date of this report. Certain prior period amounts are reclassified to conform to the current period presentation, when necessary.</font></p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;">&#160;</p> <p style="MARGIN: 0in 0in 0pt;"><i><font style="FONT-STYLE: italic; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Principles of Consolidation</font></i></p> <p style="MARGIN: 0in 0in 0pt;">&#160;</p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The consolidated balance sheets include the accounts of the Company and its wholly owned subsidiaries, Bonanza Creek Energy Operating Company,&#160;LLC, Bonanza Creek Energy Resources, LLC, Holmes Eastern Company, LLC, Bonanza Creek Energy Upstream LLC, and Bonanza Creek Energy Midstream, LLC. All significant intercompany accounts and transactions have been eliminated.</font></p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;">&#160;</p> <p style="MARGIN: 0in 0in 0pt;"><i><font style="FONT-STYLE: italic; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">Significant Accounting Policies</font></i></p> <p style="MARGIN: 0in 0in 0pt;">&#160;</p> <p style="TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">The significant accounting policies followed by the Company were set forth in Note 1 to the 2013 Form&#160;10-K and are supplemented by the notes throughout in this report. These unaudited condensed consolidated financial statements should be read in conjunction with the 2013 Form&#160;10-K.</font></p> </div>
CY2013Q1 bcei Undistributed Earnings To Unvested Restricted Stock From Continuing Operations
UndistributedEarningsToUnvestedRestrictedStockFromContinuingOperations
242000 USD
CY2013Q1 bcei Undistributed Earnings To Common Shareholders From Continuing Operations
UndistributedEarningsToCommonShareholdersFromContinuingOperations
11031000 USD
CY2014Q1 bcei Number Of Counterparties In Derivative Financial Instruments
NumberOfCounterpartiesInDerivativeFinancialInstruments
5 item
CY2014Q1 us-gaap Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
0.10 pure
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
Bonanza Creek Energy, Inc.
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001509589
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
40389592 shares
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
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CY2014Q1 bcei Number Of Derivative Instruments Qualified For Hedging Instruments
NumberOfDerivativeInstrumentsQualifiedForHedgingInstruments
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CY2014Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
66835000 USD
CY2014Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
13531000 USD
CY2014Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-8778000 USD
CY2013Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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CY2013Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
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CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2013Q1 bcei Undistributed Earnings To Unvested Restricted Stock From Discontinuing Operations
UndistributedEarningsToUnvestedRestrictedStockFromDiscontinuingOperations
-1000 USD
CY2014Q1 bcei Oil And Gas Joint Interest Billing Receivables And Other Receivables Net Current
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16287000 USD
CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.10
CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.10
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13531000 USD
CY2014Q1 bcei Undistributed Earnings To Unvested Restricted Stock
UndistributedEarningsToUnvestedRestrictedStock
256000 USD
CY2014Q1 bcei Undistributed Earnings To Common Shareholders
UndistributedEarningsToCommonShareholders
13275000 USD
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39605083 shares
CY2014Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
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CY2013Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2014Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2014Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.28
CY2013Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.28
CY2013Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-17000 USD
CY2014Q1 bcei Undistributed Earnings To Unvested Restricted Stock From Discontinuing Operations
UndistributedEarningsToUnvestedRestrictedStockFromDiscontinuingOperations
75000 USD
CY2013Q1 bcei Undistributed Earnings To Common Shareholders From Discontinuing Operations
UndistributedEarningsToCommonShareholdersFromDiscontinuingOperations
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CY2013Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2013Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11256000 USD
CY2013Q1 bcei Undistributed Earnings To Unvested Restricted Stock
UndistributedEarningsToUnvestedRestrictedStock
241000 USD
CY2013Q1 bcei Undistributed Earnings To Common Shareholders
UndistributedEarningsToCommonShareholders
11015000 USD
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2013Q1 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
31472 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39285215 shares
CY2014Q1 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
9577000 USD
CY2014Q1 bcei Undistributed Earnings To Unvested Restricted Stock From Continuing Operations
UndistributedEarningsToUnvestedRestrictedStockFromContinuingOperations
181000 USD
CY2014Q1 bcei Undistributed Earnings To Common Shareholders From Continuing Operations
UndistributedEarningsToCommonShareholdersFromContinuingOperations
9396000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.24
CY2014Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.24
CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
3954000 USD
CY2014Q1 bcei Undistributed Earnings To Common Shareholders From Discontinuing Operations
UndistributedEarningsToCommonShareholdersFromDiscontinuingOperations
3879000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
180582000 USD
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
57485000 USD
CY2013Q4 bcei Oil And Gas Joint Interest Billing Receivables And Other Receivables Net Current
OilAndGasJointInterestBillingReceivablesAndOtherReceivablesNetCurrent
12915000 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1638000 USD
CY2013Q4 us-gaap Inventory Net
InventoryNet
10696000 USD
CY2013Q4 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
858000 USD
CY2013Q4 us-gaap Assets Current
AssetsCurrent
264174000 USD
CY2013Q4 us-gaap Proved Oil And Gas Property Successful Effort Method
ProvedOilAndGasPropertySuccessfulEffortMethod
1257288000 USD
CY2013Q4 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
224848000 USD
CY2013Q4 bcei Proved Oil And Gas Property Successful Effort Method Net
ProvedOilAndGasPropertySuccessfulEffortMethodNet
1032440000 USD
CY2013Q4 us-gaap Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
45081000 USD
CY2013Q4 us-gaap Other Oil And Gas Property Successful Effort Method
OtherOilAndGasPropertySuccessfulEffortMethod
110848000 USD
CY2013Q4 bcei Natural Gas Plant Net
NaturalGasPlantNet
71474000 USD
CY2013Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
7406000 USD
CY2013Q4 us-gaap Assets Held For Sale Long Lived
AssetsHeldForSaleLongLived
360000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1267609000 USD
CY2013Q4 us-gaap Derivative Assets Noncurrent
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CY2013Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
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CY2013Q4 us-gaap Assets
Assets
1545935000 USD
CY2013Q4 us-gaap Accrued Royalties Current
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36241000 USD
CY2013Q4 us-gaap Secured Debt Current
SecuredDebtCurrent
12000000 USD
CY2013Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
5320000 USD
CY2013Q4 us-gaap Liabilities Current
LiabilitiesCurrent
175226000 USD
CY2014Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
530088000 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
141767000 USD
CY2014Q1 us-gaap Assets
Assets
1620144000 USD
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1379200000 USD
CY2014Q1 bcei Proved Oil And Gas Property Successful Effort Method Net
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1131163000 USD
CY2014Q1 us-gaap Liabilities Current
LiabilitiesCurrent
220462000 USD
CY2014Q1 us-gaap Assets Current
AssetsCurrent
227481000 USD
CY2014Q1 us-gaap Liabilities
Liabilities
948249000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
671895000 USD
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1620144000 USD
CY2013Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
22033000 USD
CY2013Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
18867000 USD
CY2013Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
1203000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
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152681000 USD
CY2013Q4 us-gaap Oil And Gas Reclamation Liability Noncurrent
OilAndGasReclamationLiabilityNoncurrent
11050000 USD
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
40000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
889907000 USD
CY2013Q4 us-gaap Additional Paid In Capital Common Stock
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527752000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
128236000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
656028000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1545935000 USD
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2014Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2014Q1 us-gaap Preferred Stock Value
PreferredStockValue
USD
CY2014Q1 bcei Natural Gas Plant Accumulated Depreciation Depletion And Amortization
NaturalGasPlantAccumulatedDepreciationDepletionAndAmortization
6541000 USD
CY2013Q4 bcei Natural Gas Plant Accumulated Depreciation Depletion And Amortization
NaturalGasPlantAccumulatedDepreciationDepletionAndAmortization
5903000 USD
CY2014Q1 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
3500000 USD
CY2014Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2014Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2014Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
225000000 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
225000000 shares
CY2014Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
40395690 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
40285919 shares
CY2014Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
40395690 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
40285919 shares
CY2013Q1 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
78307000 USD
CY2013Q1 us-gaap Lease Operating Expense
LeaseOperatingExpense
11131000 USD
CY2013Q1 us-gaap Production Tax Expense
ProductionTaxExpense
4812000 USD
CY2013Q1 us-gaap Exploration Expense
ExplorationExpense
562000 USD
CY2013Q1 bcei Depreciation Depletion And Amortization Continuing Operations
DepreciationDepletionAndAmortizationContinuingOperations
23363000 USD
CY2013Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13166000 USD
CY2013Q1 us-gaap Operating Expenses
OperatingExpenses
53034000 USD
CY2013Q1 us-gaap Interest Expense
InterestExpense
1963000 USD
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
25273000 USD
CY2013Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
137000 USD
CY2013Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6942000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
18331000 USD
CY2013Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-27000 USD
CY2013Q1 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-10000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.28
CY2013Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
11256000 USD
CY2014Q1 us-gaap Operating Expenses
OperatingExpenses
93760000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
33635000 USD
CY2014Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-18062000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15573000 USD
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
4378000 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
6797000 USD
CY2013Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
23467000 USD
CY2013Q1 bcei Deferred Income Tax Expense Benefit Continuing Discontinued Operations
DeferredIncomeTaxExpenseBenefitContinuingDiscontinuedOperations
7048000 USD
CY2013Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
219000 USD
CY2013Q1 bcei Contractual Obligation Accretion Expense For Land Acquisition
ContractualObligationAccretionExpenseForLandAcquisition
190000 USD
CY2013Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-73000 USD
CY2013Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6912000 USD
CY2013Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-81000 USD
CY2013Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-5068000 USD
CY2013Q1 us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
-49000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
77684000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
39799000 USD
CY2013Q1 us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
934000 USD
CY2013Q1 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
64334000 USD
CY2013Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
3275000 USD
CY2013Q1 us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
1507000 USD
CY2014Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
41199000 USD
CY2013Q1 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
1386000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-71436000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-122296000 USD
CY2013Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
33500000 USD
CY2013Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2908000 USD
CY2013Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
52000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
30540000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-49239000 USD
CY2013Q1 us-gaap Interest Paid Net
InterestPaidNet
1469000 USD
CY2013Q1 bcei Changes In Working Capital Related To Drilling Expenditures And Property Acquisition
ChangesInWorkingCapitalRelatedToDrillingExpendituresAndPropertyAcquisition
-5460000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-1097000 USD
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3170000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4267000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
131343000 USD
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7058000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.24
CY2014Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.10
CY2014Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.34
CY2013Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.28
CY2014Q1 bcei Accrued Interest Current
AccruedInterestCurrent
15491000 USD
CY2013Q4 bcei Accrued Interest Current
AccruedInterestCurrent
7065000 USD
CY2014Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.385 pure
CY2013Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.385 pure
CY2013Q4 us-gaap Senior Long Term Notes
SeniorLongTermNotes
508847000 USD
CY2014Q1 us-gaap Inventory Net
InventoryNet
8597000 USD
CY2013Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
2822000 USD
CY2014Q1 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
8540000 USD
CY2013Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
8847000 USD
CY2014Q1 us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
1202000 USD
CY2014Q1 us-gaap Payments To Explore And Develop Oil And Gas Properties
PaymentsToExploreAndDevelopOilAndGasProperties
123835000 USD
CY2014Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
194000 USD
CY2014Q1 us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
2227000 USD
CY2014Q1 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
838000 USD
CY2014Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
140000 USD
CY2014Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4461000 USD
CY2014Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
26000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4627000 USD
CY2014Q1 us-gaap Interest Paid Net
InterestPaidNet
464000 USD
CY2014Q1 bcei Changes In Working Capital Related To Drilling Expenditures And Property Acquisition
ChangesInWorkingCapitalRelatedToDrillingExpendituresAndPropertyAcquisition
23238000 USD
CY2014Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
2000 USD
CY2014Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4274000 USD
CY2014Q1 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
145000 USD
CY2014Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-85000 USD
CY2014Q1 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
2475000 USD
CY2014Q1 bcei Deferred Income Tax Expense Benefit Continuing Discontinued Operations
DeferredIncomeTaxExpenseBenefitContinuingDiscontinuedOperations
8471000 USD
CY2014Q1 us-gaap Oil And Gas Reclamation Liability Noncurrent
OilAndGasReclamationLiabilityNoncurrent
10873000 USD
CY2014Q1 us-gaap Common Stock Value
CommonStockValue
40000 USD
CY2014Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
562000 USD
CY2014Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-307000 USD
CY2014Q1 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
127395000 USD
CY2014Q1 us-gaap Lease Operating Expense
LeaseOperatingExpense
17082000 USD
CY2014Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
12721000 USD
CY2014Q1 bcei Contractual Obligation Accretion Expense For Land Acquisition
ContractualObligationAccretionExpenseForLandAcquisition
190000 USD
CY2014Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2637000 USD
CY2014Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
20337000 USD
CY2014Q1 us-gaap Production Tax Expense
ProductionTaxExpense
10749000 USD
CY2014Q1 us-gaap Exploration Expense
ExplorationExpense
1083000 USD
CY2014Q1 bcei Depreciation Depletion And Amortization Continuing Operations
DepreciationDepletionAndAmortizationContinuingOperations
41132000 USD
CY2014Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
23714000 USD
CY2014Q1 us-gaap Interest Expense
InterestExpense
9335000 USD
CY2014Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
51000 USD
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5996000 USD
CY2014Q1 us-gaap Proved Oil And Gas Property Successful Effort Method
ProvedOilAndGasPropertySuccessfulEffortMethod
1395629000 USD
CY2014Q1 us-gaap Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization
OilAndGasPropertySuccessfulEffortMethodAccumulatedDepreciationDepletionAndAmortization
264466000 USD
CY2014Q1 us-gaap Unproved Oil And Gas Property Successful Effort Method
UnprovedOilAndGasPropertySuccessfulEffortMethod
14653000 USD
CY2014Q1 us-gaap Other Oil And Gas Property Successful Effort Method
OtherOilAndGasPropertySuccessfulEffortMethod
155642000 USD
CY2014Q1 bcei Natural Gas Plant Net
NaturalGasPlantNet
70176000 USD
CY2014Q1 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
7566000 USD
CY2014Q1 us-gaap Accrued Royalties Current
AccruedRoyaltiesCurrent
29230000 USD
CY2014Q1 us-gaap Secured Debt Current
SecuredDebtCurrent
12000000 USD
CY2014Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
13463000 USD
CY2014Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
11071000 USD
CY2014Q1 us-gaap Senior Long Term Notes
SeniorLongTermNotes
508540000 USD
CY2014Q1 us-gaap Secured Long Term Debt
SecuredLongTermDebt
22223000 USD
CY2014Q1 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
24002000 USD
CY2014Q1 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
997000 USD
CY2014Q1 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
161152000 USD

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