SRC Energy

SRC Energy is an independent oil and gas company engaged in the acquisition, development, and production of oil and natural gas. The Company's drilling and completion activities are focused in the Wattenberg Field, predominantly in Weld County, Colorado, an area that covers the western flank of the D-J Basin. Currently, SRC Energy is focused on the horizontal development of the Codell and Niobrara formations, which are characterized by relatively high liquids content.

Type
Public
HQ
Denver, US
Founded
2008
Size (employees)
96 (est)+55%
SRC Energy was founded in 2008 and is headquartered in Denver, US

SRC Energy Office Locations

SRC Energy has an office in Denver
Denver, US (HQ)
300 1625 Broadway

SRC Energy Financials and Metrics

SRC Energy Financials

SRC Energy's revenue was reported to be $45.1 m in Q1, 2017
USD

Revenue (Q1, 2017)

45.1 m

Net income (Q1, 2017)

19.9 m

EBIT (Q1, 2017)

16.3 m

Market capitalization (20-Oct-2017)

1.9 b

Cash (31-Mar-2017)

33.2 m
SRC Energy's current market capitalization is $1.9 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

46.2 m104.2 m124.8 m107.1 m

Revenue growth, %

125%20%(14%)

Sales and marketing expense

3.4 m8 m15 m5.8 m

General and administrative expense

5.7 m10.1 m19 m17.9 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

25.7 m42.5 m23.7 m26 m26.1 m18.3 m23.9 m26.2 m45.1 m

Sales and marketing expense

2.3 m3 m3.7 m3.6 m3.8 m4.3 m6.8 m3.8 m3.7 m

General and administrative expense

1.9 m4.1 m4.1 m3.9 m14 m7.4 m7.5 m8.2 m8.2 m

Operating expense total

4.2 m7.2 m7.8 m7.5 m17.8 m11.7 m14.4 m12.1 m11.9 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

19.5 m34.8 m133.9 m18.6 m

Accounts Receivable

6.4 k126 m

Inventories

194 k310 k

Current Assets

92 m68.2 m166.8 m54.2 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017

Cash

48 m47.1 m218.5 m190.2 m78.6 m63.8 m33.2 m

Inventories

405 k

Current Assets

72.1 m112.4 m269.6 m229.1 m124.1 m106.9 m79.2 m

PP&E

322.9 m427.2 m552.5 m583 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

9.6 m28.9 m18 m(122.9 m)

Accounts Receivable

5.7 m

Inventories

(16 k)(116 k)

Accounts Payable

4 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

18.4 m21.2 m25.8 m23.3 m(122.3 m)(51.4 m)(153.8 m)(19.2 m)19.9 m

Inventories

(211 k)(211 k)

Accounts Payable

2.3 m3.2 m24.4 m42.4 m97.7 m

Cash From Operating Activities

46.7 m34.4 m65.1 m86.9 m
Y, 2017

Financial Leverage

1.3 x
Show all financial metrics

SRC Energy Market Value History

Traffic Overview of SRC Energy

SRC Energy Company Life and Culture

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