Company Quick10K Filing
Apache Offshore Investment Partnership
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 0 $-0
10-Q 2019-10-31 Quarter: 2019-09-30
10-Q 2019-08-01 Quarter: 2019-06-30
10-Q 2019-05-02 Quarter: 2019-03-31
10-K 2019-03-01 Annual: 2018-12-31
10-Q 2018-11-01 Quarter: 2018-09-30
10-Q 2018-08-02 Quarter: 2018-06-30
10-Q 2018-05-03 Quarter: 2018-03-31
10-K 2018-02-23 Annual: 2017-12-31
10-Q 2017-11-03 Quarter: 2017-09-30
10-Q 2017-08-04 Quarter: 2017-06-30
10-Q 2017-05-05 Quarter: 2017-03-31
10-K 2017-02-24 Annual: 2016-12-31
10-Q 2016-11-03 Quarter: 2016-09-30
10-Q 2016-08-04 Quarter: 2016-06-30
10-Q 2016-05-06 Quarter: 2016-03-31
10-K 2016-02-26 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-09-30
10-Q 2015-08-07 Quarter: 2015-06-30
10-Q 2015-05-08 Quarter: 2015-03-31
10-K 2015-02-27 Annual: 2014-12-31
10-Q 2014-11-06 Quarter: 2014-09-30
10-Q 2014-08-08 Quarter: 2014-06-30
10-Q 2014-05-09 Quarter: 2014-03-31
10-K 2014-02-28 Annual: 2013-12-31
10-Q 2013-11-08 Quarter: 2013-09-30
10-Q 2013-08-06 Quarter: 2013-06-30
10-Q 2013-05-09 Quarter: 2013-03-31
10-Q 2012-11-07 Quarter: 2012-09-30
10-Q 2012-08-07 Quarter: 2012-06-30
10-Q 2012-05-08 Quarter: 2012-03-31
10-K 2012-02-29 Annual: 2011-12-31
10-Q 2011-11-08 Quarter: 2011-09-30
10-Q 2011-08-08 Quarter: 2011-06-30
10-Q 2011-05-09 Quarter: 2011-03-31
10-K 2011-02-28 Annual: 2010-12-31
10-Q 2010-11-09 Quarter: 2010-09-30
10-Q 2010-08-06 Quarter: 2010-06-30
10-Q 2010-05-07 Quarter: 2010-03-31
10-K 2010-02-26 Annual: 2009-12-31
8-K 2019-04-26 Other Events
8-K 2019-03-22 Other Events, Exhibits

Apache Offshore Investment Partnership Financials

AOIP Metrics, Comps, Filings

Annual | Quarterly

Business

Apache Offshore Investment Partnership, a Delaware general partnership (the Investment Partnership), was formed on October 31, 1983, consisting of Apache Corporation, a Delaware corporation, (Apache or Managing Partner), as Managing Partner and public investors (the Investing Partners). The Investment Partnership invested its entire capital in Apache Offshore Petroleum Limited Partnership, a Delaware limited partnership (the Operating Partnership), of which Apache is the sole general partner and the Investment Partnership is the sole limited partner. The primary business of the Investment Partnership is to serve as the sole limited partner of the Operating Partnership. The primary business of the Operating Partnership is to conduct oil and gas development and production operations. The Operating Partnership conducts the operations of the Investment Partnership.

The Investing Partners purchased Units of Partnership Interests (Units) in the Investment Partnership at $150,000 per Unit, with five percent down and the balance in payments as called by the Investment Partnership. As of December 31, 2018, a total of $85,000 had been called for each Unit. In 1989, the Investment Partnership determined that the full $150,000 per Unit was not needed, fixed the total calls at $85,000 per Unit, and released the Investing Partners from liability for future calls. The Investment Partnership invested, and will continue to invest, its entire capital in the Operating Partnership. As used hereafter, the term "Partnership" refers to either the Investment Partnership or the Operating Partnership, as the case may be.

The Partnership's business is participation in oil and gas development and production activities on federal lease tracts in the Gulf of Mexico, offshore Louisiana and Texas. Except for an additional interest acquired in Matagorda Island Block 681 and 682 in 1992, the Partnership acquired its oil and gas interests through the purchase of 85 percent of the working interests held by Apache as a participant in a venture (the Venture) with Shell Oil Company (Shell) and certain other companies. The Venture acquired substantially all of its oil and gas properties through bidding for leases offered by the federal government, and relied on Shell's knowledge and expertise in determining bidding strategies and development of the properties. The Partnership owned working interests ranging from 6.29 percent to 7.08 percent in the Venture's properties.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Davey Tree Expert (DAVEY) 9% 1.7 6% 570,149 398,166 1,094,814 98,215 32,144 96,951 160,637
Pay My Time (PAYT) 0.0 -136% 108 648 0 0 -147 -147 -0
AEI Income & Growth Fund 25 (AEI25) -6.0 -1% 22,417 623 0 0 -315 559 -3,353
Western Uranium (WUC) 13% 1.4 -8% 25,502 3,955 48 6 -2,157 -2,141 -2,954
Solar Quartz Technologies (SQTX) 0.0 -1,337% 92 819 0 0 -1,225 -1,245 -15
DSwiss (DQWS) 21% 0.2 -180% 232 233 111 24 -417 -391 -84
Golden Global (GLDG) 29% 0.0 -750% 684 6,433 95 28 -5,129 -5,129 -0
Monopar Therapeutics (MONO) 1.3 -68% 5,595 468 0 0 -3,813 -3,813 -5,130
US-China Biomedical Technology (UCBB) 0.3 -115% 488 395 0 0 -559 -557 -142
Novelis (NVL) 4% 2.8 4% 9,742,000 8,524,000 12,154,000 511,000 424,000 1,255,000 3,518,000
Alta Mesa (ALTMS) 48% -0.4 -205% 999,744 996,873 428,231 205,267 -2,054,149 -1,958,069 791,997
United Royale (URYL) 0.5 -132% 182 85 0 0 -240 -240 -129
Magna Lab (MAGAA) 0.2 13,700,000% 0 0 -137 -35 -6
Teucrium Commodity Trust (TCT) 0% -18.3 5% 209,931 11,900 13,103 0 10,943 10,943 -200,344
Balance Labs (BLNC) 0% 0.0 -234% 324 2,789 10 0 -757 -609 -12
United States Brent Oil Fund (BNO) -0% -82.7 1% 94,444 2,608 -38,543 0 1,075 1,075 -88,856
Qurate Retail (QRTE) 0% 4.6 3% 17,721,000 12,080,000 13,803,000 0 551,000 1,523,000 6,931,000
Apache Offshore Investment Partnership (AOIP) 99% -9.8 3% 9,393 1,829 1,412 1,396 250 533 -5,208
Morgan Stanley Smith Barney Charter Aspect (MSCD) -6.1 5% 18,285 833 0 0 909 909 -5,554
Owens-Illinois Group (OW) 19% 5.0 4% 10,723,000 6,763,000 1,252,000 396,000 1,188,000 5,894,000

Balance Sheet ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash1,4043,1194,3205,2765,2465,0365,1175,103
Accounts Receivable2891193530914812393120
Inventory
PP&E
Assets11,61212,21812,79913,50113,1759,4209,3189,356
Accounts Payable
Long-Term Debt
Liabilities2,7532,3972,3722,5282,4841,8592,0351,854
Stockholders' Equity8,8599,82010,42610,97310,6917,5617,2837,501
Income Statement ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue5,1964,3773,5562,9341,6231,3251,0081,498
Cost of Revenue17
Gross Profit1,481
R&D
SG&A397392382376364348315323
Tax
Net Income1,8031,489966812-228-3,135-257271
Cash Flow ($'000)2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating2,7232,3121,5811,25656-178139196
Cash Investing-3,863-71-19-35-30-38-36-158
Cash Financing-427-527-360-265-555-21-52