Gastar Exploration stock price, funding rounds, valuation and financials

Gastar Exploration annual revenue was $72.13 m in FY 2017

$18.6 M

Gastar Exploration Revenue Q3, 2018
Gastar Exploration Net income (Q3, 2018)-17.5 M
Gastar Exploration EBIT (Q3, 2018)-7.1 M
Gastar Exploration Cash, 30-Sept-201817.6 M

Gastar Exploration Funding

Gastar Exploration Income Statement

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

40.2m49.9m87.8m171.4m107.3m58.3m72.1m

Revenue growth, %

95%(37%)(46%)

General and administrative expense

11.4m12.2m17.0m16.5m17.1m19.4m16.8m

Operating expense total

11.4m12.2m17.0m16.5m17.1m19.4m16.8m

Depreciation and amortization

32.4m46.2m62.9m29.7m24.0m

EBIT

(631.0k)(153.5m)18.8m78.5m(428.8m)(53.8m)4.2m

EBIT margin, %

(2%)(307%)21%46%(400%)(92%)6%

Interest expense

113.0k270.0k

Investment income

10.0k9.0k48.0k19.0k13.0k31.0k175.0k

Pre tax profit

(740.0k)(153.8m)49.3m51.0m(459.5m)(89.1m)(46.8m)

Income tax expense

(16.0m)

Net Income

(740.0k)(153.8m)49.3m51.0m(459.5m)(89.1m)(46.8m)

Gastar Exploration Balance Sheet

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

10.6m8.9m32.4m11.0m50.1m71.5m13.3m

Accounts Receivable

10.7m9.5m21.7m30.8m14.3m251.7m38.6m

Prepaid Expenses

1.2m1.1m1.1m2.1m5.1m960.0k

Inventories

Current Assets

42.0m27.3m55.2m63.6m85.0m105.4m54.2m

PP&E

285.7m256.3m517.5m692.3m328.9m192.0m325.1m

Total Assets

334.5m290.1m589.9m775.8m430.9m300.2m380.1m

Accounts Payable

17.7m23.9m11.0m28.8m2.0m8.9m24.4m

Short-term debt

Current Liabilities

59.9m57.5m54.1m55.0m24.0m29.7m61.6m

Long-term debt

30.0m98.0m313.0m360.3m517.8m343.0m

Non-Current Liabilities

39.4m106.0m325.8m370.5m527.1m410.9m350.4m

Total Debt

30.0m98.0m313.0m360.3m517.8m343.0m

Total Liabilities

440.6m

Common Stock

316.3m316.3m61.0k78.0k80.0k219.0k

Preferred Stock

41.0k

Additional Paid-in Capital

25.4m28.3m338.0m568.4m571.9m644.3m819.6m

Retained Earnings

(133.9m)(294.8m)(254.8m)(218.3m)(692.3m)(785.0m)(851.7m)

Total Equity

235.2m126.5m210.0m350.3m(120.2m)(140.4m)(31.8m)

Debt to Equity Ratio

0.1 x0.8 x1.5 x1 x-4.3 x-10.8 x

Debt to Assets Ratio

0.1 x0.3 x0.5 x0.5 x1.2 x0.9 x

Financial Leverage

1.4 x2.3 x2.8 x2.2 x-3.6 x-2.1 x-11.9 x

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

5.5m7.0m9.6m8.0m7.1m10.8m21.4m26.9m24.8m46.6m12.1m9.4m10.4m27.0m50.8m46.7m64.6m38.7m29.2m100.2m51.1m17.6m

Accounts Receivable

6.3m8.2m5.3m12.4m8.3m10.3m10.7m18.3m20.4m21.9m18.2m16.4m9.9m11.9m7.3m8.5m37.0m56.3m40.4m22.1m18.2m20.9m

Prepaid Expenses

611.0k378.0k1.1m951.0k991.0k838.0k616.0k1.1m982.0k1.8m1.8m686.0k611.0k5.0m4.9m4.7m652.0k725.0k1.2m928.0k640.0k2.3m

Current Assets

22.1m29.0m36.9m40.0m17.6m24.8m34.9m46.6m46.4m73.0m51.0m39.7m37.7m51.6m70.7m65.1m108.5m103.1m75.1m123.8m70.0m40.8m

PP&E

249.9m266.3m317.3m269.9m286.1m419.8m367.6m540.5m567.8m620.2m720.1m640.4m436.5m283.0m209.0m228.7m252.1m265.4m294.4m252.7m269.1m294.4m

Total Assets

278.9m301.6m361.3m317.0m315.0m450.2m424.4m598.7m626.5m710.7m789.9m693.7m488.2m350.2m287.3m300.0m363.0m371.3m370.8m377.1m339.2m335.3m

Accounts Payable

8.7m8.5m9.2m15.0m18.2m25.4m5.6m11.5m11.9m18.3m19.8m13.3m13.0m6.9m2.9m4.6m8.0m15.1m11.4m8.5m13.0m20.2m

Current Liabilities

39.1m55.7m55.8m65.6m69.0m81.2m51.5m66.0m69.4m60.6m50.8m41.0m41.1m37.5m23.8m35.4m33.3m44.8m53.3m64.9m65.1m69.2m

Long-term debt

8.0m10.0m35.0m47.0m115.0m194.6m194.8m313.6m334.1m314.7m380.9m411.5m397.2m496.9m417.8m418.6m365.1m330.8m333.6m352.8m362.8m373.2m

Non-Current Liabilities

19.5m20.9m45.2m56.5m123.4m203.1m210.5m325.8m346.1m326.8m391.7m422.1m407.1m505.4m425.2m425.7m371.1m335.5m338.3m358.4m369.4m378.4m

Total Debt

8.0m10.0m35.0m47.0m115.0m194.6m194.8m313.6m334.1m314.7m380.9m411.5m397.2m496.9m417.8m418.6m365.1m330.8m333.6m352.8m362.8m373.2m

Common Stock

316.3m316.3m316.3m316.3m316.3m306.6m306.6m61.0k61.0k78.0k78.0k78.0k78.0k82.0k132.0k132.0k186.0k214.0k219.0k222.0k219.0k219.0k

Additional Paid-in Capital

24.2m24.8m26.0m26.9m28.9m30.1m30.5m463.6m465.7m568.1m568.5m569.8m570.9m572.9m622.0m626.4m777.2m815.8m817.6m820.7m820.7m821.2m

Retained Earnings

(134.0m)(132.9m)(140.2m)(214.3m)(299.4m)(247.5m)(251.5m)(256.8m)(254.8m)(245.0m)(221.3m)(339.3m)(531.1m)(765.7m)(783.8m)(787.6m)(818.8m)(825.2m)(838.7m)(867.2m)(916.3m)(933.8m)

Total Equity

220.3m225.1m260.3m194.9m122.5m165.9m162.4m206.9m211.0m323.3m347.4m230.6m39.9m(192.7m)(161.7m)(161.1m)(41.4m)(9.1m)(20.8m)(46.2m)(95.3m)(112.3m)

Debt to Equity Ratio

0 x0 x0.1 x0.2 x0.9 x1.2 x1.2 x1.5 x1.6 x1 x1.1 x1.8 x9.9 x-2.6 x-2.6 x-2.6 x-8.8 x-36.5 x-16.1 x-7.6 x-3.8 x-3.3 x

Debt to Assets Ratio

0 x0 x0.1 x0.1 x0.4 x0.4 x0.5 x0.5 x0.5 x0.4 x0.5 x0.6 x0.8 x1.4 x1.5 x1.4 x1 x0.9 x0.9 x0.9 x1.1 x1.1 x

Financial Leverage

1.3 x1.3 x1.4 x1.6 x2.6 x2.7 x2.6 x2.9 x3 x2.2 x2.3 x3 x12.2 x-1.8 x-1.8 x-1.9 x-8.8 x-41 x-17.8 x-8.2 x-3.6 x-3 x

Gastar Exploration Cash Flow

Annual

USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(740.0k)(153.8m)49.3m51.0m(459.5m)(89.1m)(46.8m)

Depreciation and Amortization

15.2m25.4m32.4m46.2m62.9m29.7m24.0m

Accounts Receivable

(6.7m)2.1m(8.4m)(12.5m)19.3m(14.8m)(12.3m)

Accounts Payable

4.3m4.4m1.6m(2.6m)(4.6m)3.7m8.2m

Cash From Operating Activities

10.3m37.1m47.8m64.3m51.3m6.7m20.1m

Cash From Investing Activities

(63.8m)(148.2m)(265.5m)(214.7m)(150.5m)66.5m(136.8m)

Short-term Borrowings

(41.0m)(30.0m)(117.0m)(58.0m)(41.0m)(115.4m)(84.6m)

Long-term Borrowings

(325.0m)

Dividends Paid

(14.4m)(14.5m)(3.6m)(19.3m)

Cash From Financing Activities

56.8m109.4m241.2m129.0m138.3m(51.8m)58.5m

Net Change in Cash

3.2m(1.7m)23.5m(21.4m)39.1m21.5m(58.3m)

Interest Paid

2.0m7.3m24.6m26.9m30.5m17.6m

Income Taxes Paid

Quarterly

USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

(1.8m)(376.0k)(5.1m)(77.4m)(2.5m)51.5m49.7m1.6m7.2m20.7m614.0k(113.8m)(302.0m)(69.9m)(84.3m)(84.5m)(18.7m)(21.5m)(33.8m)(15.5m)(51.3m)(68.9m)

Depreciation and Amortization

7.1m10.8m5.7m12.6m5.4m13.0m21.4m12.4m22.7m33.8m14.5m30.6m45.9m13.7m19.3m24.5m4.7m10.7m16.8m9.0m16.6m24.0m

Accounts Receivable

(625.0k)(4.2m)5.4m(3.0m)295.0k394.0k(1.3m)(750.0k)(2.8m)(4.2m)14.3m15.9m22.6m636.0k4.3m3.9m(9.9m)(29.1m)(13.5m)16.2m19.7m16.8m

Accounts Payable

555.0k774.0k(4.6m)(932.0k)(3.0m)9.8m733.0k4.2m9.6m4.1m6.0m(4.8m)(289.0k)11.5m570.0k7.7m972.0k7.0m13.7m7.4m2.5m4.2m

Cash From Operating Activities

7.7m7.5m2.5m4.7m10.9m37.0m39.2m23.1m49.8m60.3m33.1m37.0m54.8m15.2m5.4m21.8m(7.6m)(16.6m)9.1m32.2m39.3m37.5m

Purchases of PP&E

(69.8m)(78.8m)4.2m4.2m4.2m

Cash From Investing Activities

(31.5m)(34.5m)(38.8m)(59.1m)(27.9m)(115.9m)(104.1m)(22.2m)(68.3m)(134.7m)(46.7m)(79.2m)(77.4m)(12.8m)55.8m35.7m(63.7m)(77.0m)(109.9m)55.3m12.0m(18.5m)

Short-term Borrowings

(12.0m)(31.0m)(19.0m)(26.0m)(2.0m)(117.0m)(117.0m)(15.0m)(58.0m)(5.0m)(5.0m)(40.0m)(20.4m)(100.4m)(100.4m)(84.6m)(84.6m)(84.6m)

Long-term Borrowings

(325.0m)(325.0m)(325.0m)

Dividends Paid

(3.6m)(7.2m)(10.9m)(3.6m)(3.6m)(3.6m)(14.5m)(18.1m)(19.3m)(12.1m)(13.3m)

Cash From Financing Activities

21.8m26.5m35.3m51.9m15.2m80.7m77.3m(6.4m)10.9m88.7m14.7m40.5m21.9m(25.5m)(60.5m)(60.8m)64.4m60.7m58.5m(565.0k)(13.5m)(15.0m)

Net Change in Cash

(1.9m)(471.0k)(1.0m)(2.6m)(1.8m)1.9m12.5m(5.5m)(7.6m)14.2m1.1m(1.6m)(657.0k)(23.1m)687.0k(3.3m)(6.9m)(32.8m)(42.3m)86.9m37.8m4.0m

Interest Paid

725.0k878.0k1.8m1.9m(697.0k)14.5m11.7m(282.0k)12.7m12.7m1.4m16.0m16.1m11.7m17.4m17.8m111.0k77.0k

Gastar Exploration Ratios

USDY, 2018

Debt/Equity

-3.3 x

Debt/Assets

1.1 x

Financial Leverage

-3 x