Summary - Funding Rounds

Founding Date

1999
Bonanza Creek Energy is a subsidiary of Sandridge Energy

Bonanza Creek Energy Financials

Bonanza Creek Energy Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

421.9 m558.6 m292.7 m195.3 m

Revenue growth, %

32%(48%)(33%)

R&D expense

4.2 m5.3 m15.8 m946 k

General and administrative expense

55.5 m81.6 m70.3 m77.1 m

Operating expense total

59.7 m86.9 m86.1 m78 m

EBIT

147 m(47.5 m)(907.4 m)(129.1 m)

EBIT margin, %

35%(9%)(310%)(66%)

Interest expense

22 m46.4 m57.1 m62.1 m

Income tax expense

246.4 k(2.1 m)

Net Income

69.2 m20.3 m(745.5 m)(199 m)

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

R&D expense

96 k3.3 m498 k5.7 m7 m266 k677 k3.4 b29 k

General and administrative expense

24.5 m14.8 m16.9 m21.6 m17.8 m17.7 m13.2 m18.7 m12.1 b9.5 m

Operating expense total

24.6 m18.1 m17.4 m27.4 m24.8 m18 m13.9 m18.7 m15.5 b41.2 m

Depreciation and amortization

7.5 m

EBIT

38.6 m41.5 m(34.5 m)(46.4 m)(202.3 m)(37.3 m)(18.7 m)(22.9 m)(2.1 b)23 m

Interest expense

9.4 m13.2 m14.2 m14.5 m14.1 m14.5 m16.5 m15.1 m4.6 b357 k

Pre tax profit

(47.2 m)(49.5 m)(34.9 m)(94.3 b)

Income tax expense

(796 k)(30.4 m)(2.5 m)71 k68.3 m

Net Income

1.2 m63.5 m(18.4 m)(41.2 m)(112.3 m)(47.2 m)(49.5 m)(34.9 m)(94.3 b)13.9 m

Bonanza Creek Energy Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

180.6 m2.6 m21.3 m80.6 m

Accounts Receivable

16.8 m

Current Assets

264.2 m208.5 m120.1 m112.4 m

Total Assets

1.5 b2 b1.3 b1.1 b

Accounts Payable

121.7 m145.8 m96.4 m61.3 m

Current Liabilities

175.2 m198.4 m136 m1.1 b

Long-term debt

508.8 m840.6 m885.4 m

Total Liabilities

1.1 b

Additional Paid-in Capital

527.8 m591.5 m806.4 m815 m

Retained Earnings

128.2 m148.5 m(597 m)(796 m)

Total Equity

656 m740.1 m209.4 m19.1 m

Financial Leverage

2.4 x2.7 x6.1 x59.5 x

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Cash

36.6 m92.6 m70.5 m15.3 m25.3 m218.6 m170.2 m133.4 m91.9 m5.8 m

Current Assets

152.3 m214.1 m247.8 m168.4 m169.1 m287.7 m221.7 m176.7 m127.5 m58.5 m

PP&E

810.7 m

Total Assets

1.6 b2.1 b2.1 b2.1 b1.9 b1.4 b1.3 b1.2 b1.1 b872.4 m

Accounts Payable

160.5 m172.6 m119 m120.9 m149.1 m79 m55.1 m55.9 m71.1 m69.1 m

Current Liabilities

236.5 m230.5 m161.2 m171.4 m192.5 m114.9 m1.1 b1.1 b287.6 m103.1 m

Long-term debt

807.3 m850 m875.7 m1.1 b

Total Liabilities

169.2 m

Additional Paid-in Capital

537.1 m588.8 m795.6 m799.5 m802.9 m809.2 m811.5 m813.4 m816.4 m690.1 m

Retained Earnings

142.9 m191.7 m130.1 m88.9 m(23.4 m)(644.3 m)(693.7 m)(728.6 m)(890.3 m)8.9 m

Total Equity

680.1 m780.5 m925.8 m888.5 m779.6 m164.9 m117.8 m84.8 m(73.8 m)703.2 m

Financial Leverage

2.4 x2.6 x2.3 x2.4 x2.5 x8.6 x11 x14.4 x-15.4 x1.2 x

Bonanza Creek Energy Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

69.2 m20.3 m(745.5 m)(199 m)

Depreciation and Amortization

140.2 m228.8 m244.9 m111.2 m

Accounts Receivable

(26 m)(21 m)

Accounts Payable

96.4 m61.3 m

Cash From Operating Activities

307 m327.7 m

Cash From Investing Activities

(465.2 m)(825 m)

Cash From Financing Activities

334.5 m319.3 m

Interest Paid

12.9 m36.3 m

Income Taxes Paid

100 k1.4 m

Quarterly

USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

1.2 m63.5 m(18.4 m)(41.2 m)(112.3 m)(47.2 m)(49.5 m)(34.9 m)(94.3 b)13.9 m

Depreciation and Amortization

54.1 m158.6 m59 m69.9 m58.6 m26.4 m30.9 m27.3 m21.2 b7.5 m

Accounts Receivable

(23.8 m)(15.8 m)

Accounts Payable

160.5 m119 m120.9 m149.1 m79 m55.1 m55.9 m71.1 m(566 k)

Cash From Operating Activities

276 m15.9 m

Cash From Investing Activities

(651.4 m)(37.8 m)

Cash From Financing Activities

287.5 m15 m

Interest Paid

18.5 m262 k

Income Taxes Paid

200 k
Report incorrect company information