2016 Q1 Form 10-Q Financial Statement
#000127344116000070 Filed on May 04, 2016
Income Statement
Concept | 2016 Q1 | 2015 Q1 |
---|---|---|
Revenue | $57.40M | $76.20M |
YoY Change | -24.67% | -49.57% |
Cost Of Revenue | $31.40M | $31.40M |
YoY Change | 0.0% | 43.38% |
Gross Profit | $26.00M | $44.80M |
YoY Change | -41.96% | -65.33% |
Gross Profit Margin | 45.3% | 58.79% |
Selling, General & Admin | $8.800M | $7.300M |
YoY Change | 20.55% | -43.41% |
% of Gross Profit | 33.85% | 16.29% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $36.90M | $49.80M |
YoY Change | -25.9% | 12.42% |
% of Gross Profit | 141.92% | 111.16% |
Operating Expenses | $48.80M | $97.20M |
YoY Change | -49.79% | 70.23% |
Operating Profit | -$22.80M | -$52.40M |
YoY Change | -56.49% | -172.68% |
Interest Expense | -$1.200M | $12.00M |
YoY Change | -110.0% | 62.16% |
% of Operating Profit | ||
Other Income/Expense, Net | $100.0K | $0.00 |
YoY Change | 1023545369856831.0% | |
Pretax Income | -$70.15M | -$2.068M |
YoY Change | 3291.92% | -59.28% |
Income Tax | -$25.11M | $69.00K |
% Of Pretax Income | ||
Net Earnings | -$45.03M | -$44.87M |
YoY Change | 0.37% | -199.42% |
Net Earnings / Revenue | -78.45% | -58.88% |
Basic Earnings Per Share | -$0.16 | |
Diluted Earnings Per Share | -$153.2K | -$0.16 |
COMMON SHARES | ||
Basic Shares Outstanding | 293.8M shares | 286.2M shares |
Diluted Shares Outstanding | 293.8M shares | 286.2M shares |
Balance Sheet
Concept | 2016 Q1 | 2015 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $56.70M | $211.5M |
YoY Change | -73.19% | -45.91% |
Cash & Equivalents | $51.31M | $203.5M |
Short-Term Investments | $5.400M | $8.000M |
Other Short-Term Assets | $5.992M | $6.600M |
YoY Change | -9.21% | -19.51% |
Inventory | $10.69M | $16.10M |
Prepaid Expenses | $5.472M | |
Receivables | $35.57M | $64.83M |
Other Receivables | $34.70M | $8.300M |
Total Short-Term Assets | $162.1M | $307.2M |
YoY Change | -47.24% | -42.72% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $854.2M | $1.116B |
YoY Change | -23.47% | -13.86% |
Goodwill | $102.6M | $102.6M |
YoY Change | 0.0% | 0.0% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $14.00M | $4.394M |
YoY Change | 218.57% | -35.52% |
Total Long-Term Assets | $986.2M | $1.242B |
YoY Change | -20.62% | -12.73% |
TOTAL ASSETS | ||
Total Short-Term Assets | $162.1M | $307.2M |
Total Long-Term Assets | $986.2M | $1.242B |
Total Assets | $1.148B | $1.550B |
YoY Change | -25.9% | -20.94% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $77.30M | $44.40M |
YoY Change | 74.09% | -14.17% |
Accrued Expenses | $60.33M | |
YoY Change | -41.82% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $81.50M | $126.0M |
YoY Change | -35.31% | -54.86% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $51.30M | $32.80M |
YoY Change | 56.4% | -1.8% |
Total Long-Term Liabilities | $82.18M | $191.8M |
YoY Change | -57.14% | -5.65% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $81.50M | $126.0M |
Total Long-Term Liabilities | $82.18M | $191.8M |
Total Liabilities | $163.7M | $317.7M |
YoY Change | -48.49% | -34.12% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$73.44M | $194.8M |
YoY Change | -137.71% | -57.3% |
Common Stock | $10.20M | $10.19M |
YoY Change | 0.09% | 0.03% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $984.6M | $1.232B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.148B | $1.550B |
YoY Change | -25.9% | -20.94% |
Cashflow Statement
Concept | 2016 Q1 | 2015 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$45.03M | -$44.87M |
YoY Change | 0.37% | -199.42% |
Depreciation, Depletion And Amortization | $36.90M | $49.80M |
YoY Change | -25.9% | 12.42% |
Cash From Operating Activities | $10.81M | $2.345M |
YoY Change | 361.07% | -93.52% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$45.60M | -$73.40M |
YoY Change | -37.87% | 7.62% |
Acquisitions | $40.20M | $0.00 |
YoY Change | ||
Other Investing Activities | -$40.20M | -$54.80M |
YoY Change | -26.64% | 743.08% |
Cash From Investing Activities | -$85.72M | -$128.3M |
YoY Change | -33.17% | 71.85% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $1.198M | $502.0K |
YoY Change | 138.65% | -20.06% |
Debt Paid & Issued, Net | $0.00 | |
YoY Change | ||
Cash From Financing Activities | $1.198M | $502.0K |
YoY Change | 138.65% | -20.06% |
NET CHANGE | ||
Cash From Operating Activities | $10.81M | $2.345M |
Cash From Investing Activities | -$85.72M | -$128.3M |
Cash From Financing Activities | $1.198M | $502.0K |
Net Change In Cash | -$72.56M | -$125.4M |
YoY Change | -42.15% | 231.39% |
FREE CASH FLOW | ||
Cash From Operating Activities | $10.81M | $2.345M |
Capital Expenditures | -$45.60M | -$73.40M |
Free Cash Flow | $56.41M | $75.75M |
YoY Change | -25.52% | -27.42% |
Facts In Submission
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Q1 | |
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2016 | |
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Document Period End Date
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2016-03-31 | |
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Document Type
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Energy Related Inventory Volume
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Foreign Equity Tax Expense
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|
-27136000 | USD |
CY2015Q4 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
34592000 | USD |
CY2016Q1 | us-gaap |
Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
|
30880000 | USD |
CY2015Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-370000 | USD |
CY2016Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
0 | USD |
CY2015Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.16 | |
CY2016Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.15 | |
CY2015Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-2968000 | USD |
CY2016Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
1154000 | USD |
CY2015Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.002 | |
CY2016Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.36 | |
CY2016Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | |
CY2015Q1 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
31000 | USD |
CY2016Q1 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
186000 | USD |
CY2015Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
3900000 | USD |
CY2016Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
9600000 | USD |
CY2016Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y3M18D | |
CY2015Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
11538000 | USD |
CY2016Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-785000 | USD |
CY2015Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
6069000 | USD |
CY2016Q1 | us-gaap |
Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
|
183000 | USD |
CY2015Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7294000 | USD |
CY2016Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
8805000 | USD |
CY2015Q4 | us-gaap |
Goodwill
Goodwill
|
102581000 | USD |
CY2016Q1 | us-gaap |
Goodwill
Goodwill
|
102581000 | USD |
CY2015Q1 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
37014000 | USD |
CY2016Q1 | us-gaap |
Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
|
56234000 | USD |
CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-44797000 | USD |
CY2016Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-70145000 | USD |
CY2015Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
69000 | USD |
CY2016Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-25113000 | USD |
CY2015Q4 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
28635000 | USD |
CY2016Q1 | us-gaap |
Income Taxes Receivable
IncomeTaxesReceivable
|
34712000 | USD |
CY2015Q4 | us-gaap |
Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
|
8276000 | USD |
CY2016Q1 | us-gaap |
Income Taxes Receivable Noncurrent
IncomeTaxesReceivableNoncurrent
|
8978000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-21414000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-5975000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
-19983000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Income Taxes Payable Net Of Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
3036000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-2159000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-4339000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
25226000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
|
507000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-528000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-606000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-13484000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
2513000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
497000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
10771000 | USD |
CY2015Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2016Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2015Q1 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
421000 | USD |
CY2016Q1 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
449000 | USD |
CY2015Q4 | us-gaap |
Inventory Net
InventoryNet
|
19056000 | USD |
CY2016Q1 | us-gaap |
Inventory Net
InventoryNet
|
10690000 | USD |
CY2015Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | USD |
CY2016Q1 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
664000 | USD |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1146118000 | USD |
CY2016Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1148272000 | USD |
CY2015Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
73991000 | USD |
CY2016Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
81501000 | USD |
CY2015Q4 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
2250000 | USD |
CY2016Q1 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
2251000 | USD |
CY2015Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
70485000 | USD |
CY2016Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
82181000 | USD |
CY2015Q4 | us-gaap |
Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
|
4815000 | USD |
CY2016Q1 | us-gaap |
Liabilities Other Than Longterm Debt Noncurrent
LiabilitiesOtherThanLongtermDebtNoncurrent
|
8096000 | USD |
CY2015Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
6250000 | USD |
CY2016Q1 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
5362000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
502000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1198000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-128267000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-107198000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2345000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
10812000 | USD |
CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-44866000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-45032000 | USD |
CY2015Q4 | us-gaap |
Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
|
780360000 | USD |
CY2016Q1 | us-gaap |
Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
|
845961000 | USD |
CY2015Q1 | us-gaap |
Oil And Gas Sales Revenue
OilAndGasSalesRevenue
|
76231000 | USD |
CY2016Q1 | us-gaap |
Oil And Gas Sales Revenue
OilAndGasSalesRevenue
|
57403000 | USD |
CY2015Q1 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
22661000 | USD |
CY2016Q1 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
19067000 | USD |
CY2015Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
5848000 | USD |
CY2016Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
5992000 | USD |
CY2015Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
8511000 | USD |
CY2016Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
13998000 | USD |
CY2015Q4 | us-gaap |
Other Inventory Supplies
OtherInventorySupplies
|
1300000 | USD |
CY2016Q1 | us-gaap |
Other Inventory Supplies
OtherInventorySupplies
|
1300000 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
50909000 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
|
73446000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
|
26180000 | USD |
CY2016Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
25000000 | shares |
CY2015Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
502000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1198000 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2337443000 | USD |
CY2016Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
2491393000 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
788993000 | USD |
CY2016Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
854190000 | USD |
CY2015Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
8633000 | USD |
CY2016Q1 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
8229000 | USD |
CY2015Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
92000 | USD |
CY2016Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
18474000 | USD |
CY2015Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
3317000 | USD |
CY2016Q1 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
6414000 | USD |
CY2015Q1 | us-gaap |
Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
|
49140000 | USD |
CY2016Q1 | us-gaap |
Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
|
36912000 | USD |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-28407000 | USD |
CY2016Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-73439000 | USD |
CY2015Q1 | us-gaap |
Severance Costs1
SeveranceCosts1
|
4378000 | USD |
CY2016Q1 | us-gaap |
Severance Costs1
SeveranceCosts1
|
1018000 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
-513000 | USD |
CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1460000 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Share Based Liabilities Paid
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid
|
955000 | USD |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Share Based Liabilities Paid
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsShareBasedLiabilitiesPaid
|
673000 | USD |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
127051 | shares |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
457436 | shares |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
1286525 | shares |
CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
12851557 | shares |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
13053595 | shares |
CY2015Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.60 | |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.46 | |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
2.40 | |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
6.49 | |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
4.71 | |
CY2016Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
2.65 | |
CY2016Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
500000 | shares |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1001642000 | USD |
CY2016Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
984590000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1001642000 | USD |
CY2016Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
984590000 | USD |
CY2015Q1 | us-gaap |
Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
|
37014000 | USD |
CY2016Q1 | us-gaap |
Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
|
56898000 | USD |
CY2015Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
1067000 | USD |
CY2016Q1 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
943000 | USD |
CY2015Q1 | us-gaap |
Trading Gains Losses
TradingGainsLosses
|
412000 | USD |
CY2016Q1 | us-gaap |
Trading Gains Losses
TradingGainsLosses
|
-845000 | USD |
CY2015Q4 | us-gaap |
Trading Securities
TradingSecurities
|
6250000 | USD |
CY2016Q1 | us-gaap |
Trading Securities
TradingSecurities
|
5362000 | USD |
CY2015Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
286194315 | shares |
CY2016Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
293812226 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
286194315 | shares |
CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
293812226 | shares |
CY2016Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Description of Business</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gran Tierra Energy Inc., a Nevada corporation (the “Company” or “Gran Tierra”), is a publicly traded company focused on oil and natural gas exploration and production in Colombia. The Company also has business activities in Peru and Brazil.</font></div></div> |