2016 Q4 Form 10-Q Financial Statement

#000134943616000260 Filed on November 08, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q4
Revenue $98.50M $104.1M $143.6M
YoY Change -31.43% -42.24% -58.59%
Cost Of Revenue $27.60M $563.0K $74.20M
YoY Change -62.8% -86.98% -40.06%
Gross Profit $70.80M $103.5M $69.50M
YoY Change 1.87% -41.14% -68.85%
Gross Profit Margin 71.88% 99.46% 48.38%
Selling, General & Admin -$8.500M $29.10M $29.00M
YoY Change -129.31% -14.91% 3.94%
% of Gross Profit -12.01% 28.12% 41.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $37.90M $33.80M $63.20M
YoY Change -40.03% -56.56% -48.83%
% of Gross Profit 53.53% 32.66% 90.94%
Operating Expenses $31.70M $64.30M $93.20M
YoY Change -65.99% -43.2% -38.93%
Operating Profit $39.10M -$357.3M -$959.4M
YoY Change -104.08% -66.28% -356.54%
Interest Expense -$26.10M -$3.000M -$73.30M
YoY Change -64.39% -93.32% -127.27%
% of Operating Profit -66.75%
Other Income/Expense, Net $2.700M -$47.00M -$19.70M
YoY Change -113.71% -117.85% -6666.67%
Pretax Income $2.340B -$404.3M -$783.9M
YoY Change -398.55% -49.23% -349.73%
Income Tax $0.00 $4.000K $0.00
% Of Pretax Income 0.0%
Net Earnings $2.340B -$404.3M -$784.0M
YoY Change -398.52% -36.86% -349.62%
Net Earnings / Revenue 2375.94% -388.58% -545.77%
Basic Earnings Per Share -$0.56 -$1.13
Diluted Earnings Per Share $123.2M -$0.56 -$1.13
COMMON SHARES
Basic Shares Outstanding 719.6M shares 718.4M shares 580.0M shares
Diluted Shares Outstanding 718.4M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $121.2M $652.7M $435.6M
YoY Change -72.18% -17.39% 140.26%
Cash & Equivalents $121.2M $652.7M $435.6M
Short-Term Investments
Other Short-Term Assets $3.633M $1.003M $19.93M
YoY Change -81.77% -83.35% -5.95%
Inventory
Prepaid Expenses $5.375M $12.51M $6.833M
Receivables $74.10M $61.45M $127.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $257.2M $737.8M $674.1M
YoY Change -61.85% -33.47% -18.97%
LONG-TERM ASSETS
Property, Plant & Equipment $255.8M $357.5M $491.8M
YoY Change -47.98% -29.52% -14.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.284M $12.54M $13.24M
YoY Change -52.53% -91.22% -91.99%
Total Long-Term Assets $824.2M $1.149B $2.248B
YoY Change -63.33% -61.64% -65.03%
TOTAL ASSETS
Total Short-Term Assets $257.2M $737.8M $674.1M
Total Long-Term Assets $824.2M $1.149B $2.248B
Total Assets $1.081B $1.887B $2.922B
YoY Change -62.99% -54.02% -59.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $116.5M $140.4M $428.4M
YoY Change -72.81% -68.45% -16.8%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $213.7M $152.0M $437.4M
YoY Change -51.14% -69.39% -44.24%
LONG-TERM LIABILITIES
Long-Term Debt $305.3M $0.00 $3.562B
YoY Change -91.43% -100.0% 11.48%
Other Long-Term Liabilities $6.958M $3.000K $14.81M
YoY Change -53.03% -99.98% -2.0%
Total Long-Term Liabilities $312.3M $3.000K $3.577B
YoY Change -91.27% -100.0% 11.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $213.7M $152.0M $437.4M
Total Long-Term Liabilities $312.3M $3.000K $3.577B
Total Liabilities $568.5M $4.562B $4.110B
YoY Change -86.17% 1.24% 1.49%
SHAREHOLDERS EQUITY
Retained Earnings -$334.0M -$7.985B -$6.993B
YoY Change -95.22% 26.19% 114.68%
Common Stock $20.00K $718.0K $630.0K
YoY Change -96.83% 32.47% 32.08%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.218M $5.742M
YoY Change -24.11% -17.74%
Treasury Stock Shares 2.113M shares
Shareholders Equity $512.9M -$2.676B -$1.698B
YoY Change
Total Liabilities & Shareholders Equity $1.081B $1.887B $2.922B
YoY Change -62.99% -54.02% -59.75%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q4
OPERATING ACTIVITIES
Net Income $2.340B -$404.3M -$784.0M
YoY Change -398.52% -36.86% -349.62%
Depreciation, Depletion And Amortization $37.90M $33.80M $63.20M
YoY Change -40.03% -56.56% -48.83%
Cash From Operating Activities $17.50M $75.00M $12.60M
YoY Change 38.89% 79.0% -94.41%
INVESTING ACTIVITIES
Capital Expenditures -$51.70M -$60.20M -$331.0M
YoY Change -84.38% -51.76% -31.51%
Acquisitions
YoY Change
Other Investing Activities $11.80M $3.400M $21.10M
YoY Change -44.08% -85.77% 10450.0%
Cash From Investing Activities -$39.80M -$56.80M -$309.9M
YoY Change -87.16% -43.71% -35.85%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -456.3M 300.0K -57.40M
YoY Change 694.95% -100.22% -62.06%
NET CHANGE
Cash From Operating Activities 17.50M 75.00M 12.60M
Cash From Investing Activities -39.80M -56.80M -309.9M
Cash From Financing Activities -456.3M 300.0K -57.40M
Net Change In Cash -478.6M 18.50M -354.7M
YoY Change 34.93% -109.57% -13.28%
FREE CASH FLOW
Cash From Operating Activities $17.50M $75.00M $12.60M
Capital Expenditures -$51.70M -$60.20M -$331.0M
Free Cash Flow $69.20M $135.2M $343.6M
YoY Change -79.86% -18.9% -51.52%

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84349000 USD
CY2016Q3 us-gaap Derivative Assets Current
DerivativeAssetsCurrent
10192000 USD
CY2015Q4 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
0 USD
CY2016Q3 us-gaap Derivative Assets Noncurrent
DerivativeAssetsNoncurrent
70000 USD
CY2015Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 USD
CY2016Q3 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 USD
CY2015Q4 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
573000 USD
CY2016Q3 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
3917000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
85524000 USD
CY2016Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
11429000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
84349000 USD
CY2016Q3 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
10262000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
1748000 USD
CY2016Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
5084000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
0 USD
CY2016Q3 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
0 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
51480000 USD
CY2016Q3 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
6345000 USD
CY2015Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
42211000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
59034000 USD
CY2016Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
338000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-4823000 USD
CY2015Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
573000 USD
CY2016Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
3917000 USD
CY2015Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
573000 USD
CY2016Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
2982000 USD
CY2015Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
0 USD
CY2016Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
935000 USD
CY2015Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
1175000 USD
CY2016Q3 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
1167000 USD
CY2015Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
CY2015Q3 us-gaap Direct Operating Costs
DirectOperatingCosts
87492000 USD
us-gaap Direct Operating Costs
DirectOperatingCosts
301204000 USD
CY2016Q3 us-gaap Direct Operating Costs
DirectOperatingCosts
42481000 USD
us-gaap Direct Operating Costs
DirectOperatingCosts
142857000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
16321000 USD
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
16188000 USD
us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
0 USD
CY2015Q4 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
0 USD
CY2016Q3 us-gaap Due From Affiliate Current
DueFromAffiliateCurrent
0 USD
CY2015Q4 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
0 USD
CY2016Q3 us-gaap Due To Affiliate Current
DueToAffiliateCurrent
0 USD
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-6.14
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.56
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.76
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.23
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-6.14
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.56
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.76
CY2015Q4 us-gaap Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
32300000 USD
us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
10146000 USD
us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
1324000 USD
CY2015Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
900000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
3200000 USD
CY2016Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
500000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1700000 USD
CY2015Q3 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
0 USD
us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
0 USD
CY2016Q3 us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
0 USD
us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
-90184000 USD
CY2015Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-6771000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-2097000 USD
CY2016Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-416000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2794000 USD
CY2015Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
340699000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
358633000 USD
CY2016Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
41179000 USD
CY2015Q3 us-gaap Gas Gathering Transportation Marketing And Processing Costs
GasGatheringTransportationMarketingAndProcessingCosts
6633000 USD
us-gaap Gas Gathering Transportation Marketing And Processing Costs
GasGatheringTransportationMarketingAndProcessingCosts
22464000 USD
CY2016Q3 us-gaap Gas Gathering Transportation Marketing And Processing Costs
GasGatheringTransportationMarketingAndProcessingCosts
0 USD
us-gaap Gas Gathering Transportation Marketing And Processing Costs
GasGatheringTransportationMarketingAndProcessingCosts
1840000 USD
CY2015Q3 us-gaap Gas Gathering Transportation Marketing And Processing Revenue
GasGatheringTransportationMarketingAndProcessingRevenue
8838000 USD
us-gaap Gas Gathering Transportation Marketing And Processing Revenue
GasGatheringTransportationMarketingAndProcessingRevenue
26208000 USD
CY2016Q3 us-gaap Gas Gathering Transportation Marketing And Processing Revenue
GasGatheringTransportationMarketingAndProcessingRevenue
3004000 USD
us-gaap Gas Gathering Transportation Marketing And Processing Revenue
GasGatheringTransportationMarketingAndProcessingRevenue
10545000 USD
CY2015Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
34233000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
108764000 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
29145000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
134447000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-796460000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3537000000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-404333000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1233463000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
25000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
90000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
-59084000 USD
us-gaap Increase Decrease In Operating Capital
IncreaseDecreaseInOperatingCapital
3805000 USD
CY2015Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2015Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2015Q3 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
0 shares
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
0 shares
CY2016Q3 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
0 shares
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
0 shares
CY2015Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
77000000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
213569000 USD
CY2016Q3 us-gaap Interest And Debt Expense
InterestAndDebtExpense
3343000 USD
us-gaap Interest And Debt Expense
InterestAndDebtExpense
126099000 USD
CY2015Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-77000000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-213569000 USD
CY2016Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-3343000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-466000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-126099000 USD
CY2015Q4 us-gaap Land
Land
14260000 USD
CY2016Q3 us-gaap Land
Land
5210000 USD
CY2015Q3 us-gaap Lease Operating Expense
LeaseOperatingExpense
72884000 USD
us-gaap Lease Operating Expense
LeaseOperatingExpense
244158000 USD
CY2016Q3 us-gaap Lease Operating Expense
LeaseOperatingExpense
39640000 USD
us-gaap Lease Operating Expense
LeaseOperatingExpense
129608000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
4109760000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
4562025000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2922027000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1886504000 USD
CY2015Q4 us-gaap Liabilities Current
LiabilitiesCurrent
437389000 USD
CY2016Q3 us-gaap Liabilities Current
LiabilitiesCurrent
152003000 USD
CY2015Q4 us-gaap Liabilities Subject To Compromise
LiabilitiesSubjectToCompromise
0 USD
CY2016Q3 us-gaap Liabilities Subject To Compromise
LiabilitiesSubjectToCompromise
4346188000 USD
CY2016Q3 us-gaap Liabilities Subject To Compromise Accounts Payable And Accrued Liabilities
LiabilitiesSubjectToCompromiseAccountsPayableAndAccruedLiabilities
157422000 USD
CY2016Q3 us-gaap Liabilities Subject To Compromise Debt And Accrued Interest
LiabilitiesSubjectToCompromiseDebtAndAccruedInterest
4179483000 USD
CY2016Q3 us-gaap Liabilities Subject To Compromise Employee And Deemed Claims
LiabilitiesSubjectToCompromiseEmployeeAndDeemedClaims
600000 USD
CY2016Q3 us-gaap Liabilities Subject To Compromise Other Liabilities
LiabilitiesSubjectToCompromiseOtherLiabilities
9283000 USD
CY2016Q3 us-gaap Liabilities Subject To Compromise Provision For Expected And Allowed Claims
LiabilitiesSubjectToCompromiseProvisionForExpectedAndAllowedClaims
24500000 USD
CY2015Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3562378000 USD
CY2016Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
0 USD
CY2015Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
373687000 USD
CY2016Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
240402000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
510184000 USD
CY2016Q3 us-gaap Minority Interest
MinorityInterest
-21000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
977752000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
448821000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-729749000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-167690000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
360886000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-64039000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
-640412000 USD
us-gaap Net Income Loss
NetIncomeLoss
-3043847000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
-404337000 USD
us-gaap Net Income Loss
NetIncomeLoss
-1233474000 USD
CY2015Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-156073000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-493243000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-649526000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3070916000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-404337000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1249795000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-649526000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-3070916000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-404337000 USD
CY2015Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
263273000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1208000 USD
CY2016Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-898000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
146272000 USD
CY2016Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-46995000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1332000 USD
us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
1772000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-1249795000 USD
us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
253124000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-327260000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2015Q4 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
12892830000 USD
CY2016Q3 us-gaap Oil And Gas Property Full Cost Method Gross
OilAndGasPropertyFullCostMethodGross
12416072000 USD
CY2015Q4 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
1742942000 USD
CY2016Q3 us-gaap Oil And Gas Property Full Cost Method Net
OilAndGasPropertyFullCostMethodNet
778534000 USD
CY2015Q3 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
165135000 USD
us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
575399000 USD
CY2016Q3 us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
99934000 USD
us-gaap Oil And Gas Sales Revenue
OilAndGasSalesRevenue
279971000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1059733000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-3683272000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-357338000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-906203000 USD
CY2015Q4 us-gaap Other Assets Current
OtherAssetsCurrent
19931000 USD
CY2016Q3 us-gaap Other Assets Current
OtherAssetsCurrent
1003000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
13237000 USD
CY2016Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
12537000 USD
CY2015Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
11379000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
37234000 USD
CY2016Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
7514000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
21323000 USD
CY2015Q3 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
34233000 USD
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
108764000 USD
CY2016Q3 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
29145000 USD
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
134447000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
14814000 USD
CY2016Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3000 USD
CY2015Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-426000 USD
CY2015Q3 us-gaap Other Operating Income
OtherOperatingIncome
1607000 USD
us-gaap Other Operating Income
OtherOperatingIncome
3802000 USD
CY2016Q3 us-gaap Other Operating Income
OtherOperatingIncome
232000 USD
us-gaap Other Operating Income
OtherOperatingIncome
951000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-32156000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-18762000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
186452000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
115301000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
489198000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-62481000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
48021000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
333000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
11262000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
us-gaap Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
3231000 USD
us-gaap Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
1328000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
761905000 USD
CY2015Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
9114000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
27069000 USD
CY2016Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
16321000 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2016Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2016Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2015Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
6833000 USD
CY2016Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
12514000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2190000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-40377000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
35387000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
20090000 USD
CY2015Q3 us-gaap Production Tax Expense
ProductionTaxExpense
3652000 USD
us-gaap Production Tax Expense
ProductionTaxExpense
12548000 USD
CY2016Q3 us-gaap Production Tax Expense
ProductionTaxExpense
2278000 USD
us-gaap Production Tax Expense
ProductionTaxExpense
6107000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
-796485000 USD
us-gaap Profit Loss
ProfitLoss
-3537090000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
-404337000 USD
us-gaap Profit Loss
ProfitLoss
-1233474000 USD
CY2015Q3 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
113297000 USD
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
601052000 USD
CY2016Q3 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
51774000 USD
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
161407000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
615620000 USD
CY2016Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
474365000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
491760000 USD
CY2016Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
357528000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
16704000 USD
CY2015Q3 us-gaap Reorganization Items
ReorganizationItems
0 USD
us-gaap Reorganization Items
ReorganizationItems
0 USD
CY2016Q3 us-gaap Reorganization Items
ReorganizationItems
42754000 USD
us-gaap Reorganization Items
ReorganizationItems
243672000 USD
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
33500000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1034466000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
40000000 USD
CY2015Q3 us-gaap Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
1132000 USD
us-gaap Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
3323000 USD
CY2016Q3 us-gaap Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
1390000 USD
us-gaap Results Of Operations Accretion Of Asset Retirement Obligations
ResultsOfOperationsAccretionOfAssetRetirementObligations
4365000 USD
CY2015Q3 us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
66501000 USD
us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
266906000 USD
CY2016Q3 us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
26335000 USD
us-gaap Results Of Operations Depreciation Depletion Amortization And Accretion
ResultsOfOperationsDepreciationDepletionAmortizationAndAccretion
86613000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-6992697000 USD
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-7985411000 USD
CY2015Q3 us-gaap Revenue Oil And Gas Services
RevenueOilAndGasServices
4572000 USD
us-gaap Revenue Oil And Gas Services
RevenueOilAndGasServices
19658000 USD
CY2016Q3 us-gaap Revenue Oil And Gas Services
RevenueOilAndGasServices
886000 USD
us-gaap Revenue Oil And Gas Services
RevenueOilAndGasServices
2342000 USD
CY2015Q3 us-gaap Revenues
Revenues
180152000 USD
us-gaap Revenues
Revenues
625067000 USD
CY2016Q3 us-gaap Revenues
Revenues
104056000 USD
us-gaap Revenues
Revenues
293809000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
15170000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
9075000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
5400000 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
-1697917000 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
-2675500000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1187733000 USD
CY2016Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-2675521000 USD
us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 USD
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
5742000 USD
CY2016Q3 us-gaap Treasury Stock Value
TreasuryStockValue
5218000 USD
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
44000 USD
CY2016Q3 us-gaap Unamortized Costs Capitalized Less Related Deferred Income Taxes Exceed Ceiling Limitation Expense
UnamortizedCostsCapitalizedLessRelatedDeferredIncomeTaxesExceedCeilingLimitationExpense
298000000 USD
us-gaap Unamortized Costs Capitalized Less Related Deferred Income Taxes Exceed Ceiling Limitation Expense
UnamortizedCostsCapitalizedLessRelatedDeferredIncomeTaxesExceedCeilingLimitationExpense
657400000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
100000 USD
CY2016Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
100000 USD
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
526388000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
500077000 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
718373000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
708788000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
526388000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
500077000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
718373000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
708788000 shares
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
7108000 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications.</font><font style="font-family:inherit;font-size:10pt;"> Certain reclassifications have been made to the prior period financial statements to conform to the current period presentation. These reclassifications have no effect on the Company&#8217;s previously reported results of operations. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates.</font><font style="font-family:inherit;font-size:10pt;">&#160;The preparation of the accompanying unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The more significant areas requiring the use of assumptions, judgments and estimates include: oil, natural gas and natural gas liquids (&#8220;NGL&#8221;) reserves; impairment tests of long-lived assets; depreciation, depletion and amortization; asset retirement obligations; determinations of significant alterations to the full cost pool and related estimates of fair value used to allocate the full cost pool net book value to divested properties, as necessary; income taxes; valuation of derivative instruments; contingencies; accrued revenue and related receivables; and estimation of liabilities subject to compromise. Although management believes these estimates are reasonable, actual results could differ significantly.</font></div></div>

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