2018 Q1 Form 10-Q Financial Statement

#000150958918000026 Filed on May 08, 2018

View on sec.gov

Income Statement

Concept 2018 Q1
Revenue $64.19M
YoY Change 22.04%
Cost Of Revenue $14.10M
YoY Change 11.9%
Gross Profit $50.10M
YoY Change 25.56%
Gross Profit Margin 78.05%
Selling, General & Admin $11.90M
YoY Change -1.65%
% of Gross Profit 23.75%
Research & Development $0.00
YoY Change -100.0%
% of Gross Profit 0.0%
Depreciation & Amortization $7.508M
YoY Change -64.6%
% of Gross Profit 14.99%
Operating Expenses $41.24M
YoY Change -24.55%
Operating Profit $35.04M
YoY Change -1771.85%
Interest Expense $357.0K
YoY Change -92.18%
% of Operating Profit 1.02%
Other Income/Expense, Net -$9.087M
YoY Change -90.14%
Pretax Income $13.87M
YoY Change -114.71%
Income Tax $0.00
% Of Pretax Income 0.0%
Net Earnings $13.90M
YoY Change -114.74%
Net Earnings / Revenue 21.65%
Basic Earnings Per Share $0.68
Diluted Earnings Per Share $0.68
COMMON SHARES
Basic Shares Outstanding 20.45M shares
Diluted Shares Outstanding 20.47M shares

Balance Sheet

Concept 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.000M
YoY Change -93.48%
Cash & Equivalents $5.761M
Short-Term Investments
Other Short-Term Assets $3.000M
YoY Change -50.0%
Inventory $1.308M
Prepaid Expenses
Receivables $37.78M
Other Receivables $0.00
Total Short-Term Assets $58.49M
YoY Change -54.13%
LONG-TERM ASSETS
Property, Plant & Equipment $810.7M
YoY Change -19.32%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.142M
YoY Change 14.8%
Total Long-Term Assets $813.9M
YoY Change -19.23%
TOTAL ASSETS
Total Short-Term Assets $58.49M
Total Long-Term Assets $813.9M
Total Assets $872.4M
YoY Change -23.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.000M
YoY Change 66.67%
Accrued Expenses $3.927M
YoY Change 40.15%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $103.1M
YoY Change -64.16%
LONG-TERM LIABILITIES
Long-Term Debt $15.00M
YoY Change
Other Long-Term Liabilities $51.00M
YoY Change -94.46%
Total Long-Term Liabilities $66.00M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $103.1M
Total Long-Term Liabilities $66.00M
Total Liabilities $169.2M
YoY Change -86.01%
SHAREHOLDERS EQUITY
Retained Earnings $8.850M
YoY Change -100.99%
Common Stock $4.286M
YoY Change -99.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $703.2M
YoY Change
Total Liabilities & Shareholders Equity $872.4M
YoY Change -23.15%

Cashflow Statement

Concept 2018 Q1
OPERATING ACTIVITIES
Net Income $13.90M
YoY Change -114.74%
Depreciation, Depletion And Amortization $7.508M
YoY Change -64.6%
Cash From Operating Activities $15.90M
YoY Change 1.6%
INVESTING ACTIVITIES
Capital Expenditures $37.90M
YoY Change 824.39%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$37.85M
YoY Change 858.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $15.00M
YoY Change -4577.61%
NET CHANGE
Cash From Operating Activities $15.90M
Cash From Investing Activities -$37.85M
Cash From Financing Activities $15.00M
Net Change In Cash -$6.942M
YoY Change -161.06%
FREE CASH FLOW
Cash From Operating Activities $15.90M
Capital Expenditures $37.90M
Free Cash Flow -$22.00M
YoY Change -290.42%

Facts In Submission

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CY2018Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></font><font style="font-family:inherit;font-size:10pt;">The preparation of the Company's condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of oil and gas reserves, assets and liabilities, and disclosure of contingent assets and liabilities at the date of the balance sheet and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>

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0001509589-18-000026-index-headers.html Edgar Link pending
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0001509589-18-000026.txt Edgar Link pending
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bcei-20180331.xml Edgar Link completed
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