Company Quick10K Filing
Isramco
10-Q 2019-06-30 Filed 2019-08-09
10-Q 2019-03-31 Filed 2019-05-10
10-K 2018-12-31 Filed 2019-03-18
10-Q 2018-09-30 Filed 2018-11-09
10-Q 2018-06-30 Filed 2018-08-09
10-Q 2018-03-31 Filed 2018-05-10
10-K 2017-12-31 Filed 2018-03-13
10-Q 2017-09-30 Filed 2017-11-06
10-Q 2017-06-30 Filed 2017-08-09
10-Q 2017-03-31 Filed 2017-05-09
10-K 2016-12-31 Filed 2017-03-14
10-Q 2016-09-30 Filed 2016-11-09
10-Q 2016-06-30 Filed 2016-08-08
10-Q 2016-03-31 Filed 2016-05-10
10-K 2015-12-31 Filed 2016-03-14
10-Q 2015-09-30 Filed 2015-11-09
10-Q 2015-06-30 Filed 2015-08-10
10-Q 2015-03-31 Filed 2015-05-11
10-K 2014-12-31 Filed 2015-03-10
10-Q 2014-09-30 Filed 2014-11-10
10-Q 2014-06-30 Filed 2014-08-08
10-Q 2014-03-31 Filed 2014-05-09
10-K 2013-12-31 Filed 2014-03-17
10-Q 2013-09-30 Filed 2013-11-08
10-Q 2013-06-30 Filed 2013-08-09
10-Q 2013-03-31 Filed 2013-05-10
10-K 2012-12-31 Filed 2013-03-15
10-Q 2012-06-30 Filed 2012-08-09
10-Q 2012-03-31 Filed 2012-05-10
10-K 2011-12-30 Filed 2012-03-23
10-Q 2011-09-30 Filed 2011-11-09
10-Q 2011-06-30 Filed 2011-08-09
10-Q 2011-03-31 Filed 2011-05-10
10-K 2010-12-31 Filed 2011-03-11
10-Q 2010-09-30 Filed 2010-11-09
10-Q 2010-06-30 Filed 2010-08-09
10-Q 2010-03-31 Filed 2010-05-10
10-K 2009-12-31 Filed 2010-03-12
8-K 2019-10-25 M&A, Shareholder Rights, Officers, Other Events, Exhibits
8-K 2019-10-22
8-K 2019-05-20 Enter Agreement, Other Events, Exhibits
8-K 2019-02-01 Other Events, Exhibits
8-K 2018-06-22 Shareholder Vote

Isramco Financials

ISRL Metrics, Comps, Filings

Quarterly | Annual

Business

Isramco, Inc., (NASDAQ: ISRL) is a Delaware corporation incorporated in 1982 (hereinafter, “we”, the “Company” or “Isramco”). The Company together with its subsidiaries is an independent oil and natural gas company, engaged in the exploration, development and production of predominately oil and natural gas properties located onshore in the United States and offshore Israel. The Company also operates a production services company that provides a full range of onshore production services to oil companies and independent oil and natural gas production companies conducting operations in the United States.

At December 31, 2018, our estimated total proved oil, natural gas reserves and natural gas liquids, as prepared by our independent reserve engineering firms, Netherland, Sewell & Associates, Inc. and Cawley, Gillespie & Associates, Inc., were approximately 40,267 thousand barrels of oil equivalent (“MBOE”), consisting of 2,125 thousand barrels (MBbls) of oil, 223,915 million cubic feet (MMcf) of natural gas and 823 thousand barrels (MBbls) of natural gas liquids. Approximately 67.2% of our proved reserves were classified as proved developed (See Note 14, “Supplemental Oil and Gas Information”). Full year 2018 production averaged 3.75 MBOE/d compared to 3.78 MBOE/d in 2017. Tamar Field production share amounted to 2.57 MBOE/d out of total 3.75 MBOE/d compared to 2.46 MBOE/d in 2017.

We, through our wholly-owned subsidiaries, are involved in oil and gas exploration, including the development, production and operation of wells in the United States. We own varying working interests in oil and gas wells in Louisiana, Texas, New Mexico, Oklahoma, Wyoming, Utah and Colorado and currently serve as operator of approximately 422 producing wells located mainly in Texas and in New Mexico.


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Equity

Income Statement ($MM Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($MM Quarterly)

Ops, Inv, Fin

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Bonanza Creek Energy (BCEI) 517,364 0% 9.1 0% 1,199,743 261,819 299,766 0 0 56,093 508,906
California Resources (CRC) 509,220 0% 11.4 2% 7,035,000 7,343,000 2,024,000 0 124,000 481,000 5,483,220
Extraction Oil & Gas (XOG) 505,366 0% 4.0 2% 4,429,158 2,383,756 929,120 0 97,420 523,301 2,082,855
Gran Tierra Energy (GTE) 505,003 0% 19.6 1% 1,959,861 954,809 443,049 0 11,686 57,361 1,125,850
Noble (NE) 493,755 0% -0.9 -7% 8,395,515 4,680,301 1,161,242 0 -565,188 -394,139 356,459
Gulfport Energy (GPOR) 477,978 40% 3.8 6% 6,273,148 2,713,994 1,480,697 593,719 382,447 668,563 2,545,045
Eclipse Resources (ECR) 350,956 0% 6.8 -2% 1,434,229 784,954 447,994 0 -30,786 123,651 841,631
Isramco (ISRL) 341,991 0% 12.9 14% 106,742 108,767 83,492 0 14,489 27,483 354,057
PrimeEnergy (PNRG) 318,195 62% 10.7 2% 243,305 136,398 84,135 51,765 5,318 35,166 375,338
Highpoint Resources (HPR) 314,104 0% 5.7 -4% 2,263,627 226,271 330,846 0 -87,025 190,812 1,088,066
Tetra Technologies (TTI) 261,290 16% 33.4 -2% 1,415,700 1,142,172 1,060,942 174,720 -28,650 32,484 1,083,583
RGC Resources (RGCO) 236,875 0% 14.8 3% 258,354 71,886 68,328 0 8,698 22,904 338,928
Panhandle Oil & Gas (PHX) 233,408 0% -7.7 -32% 126,645 47,335 67,621 0 -40,745 -34,034 262,672
Midstates Petroleum (MPO) 226,276 0% 18.5 -2% 914,629 434,584 190,492 0 -13,792 26,788 496,543
Evolution Petroleum (EPM) 195,824 0% 9.4 9% 94,666 16,085 40,075 0 8,470 17,424 164,419
SandRidge Energy (SD) 195,086 0% -11.3 -17% 859,952 208,708 292,138 0 -145,985 -22,320 251,358
Contango Oil & Gas (MCF) 185,467 0% 36.2 -8% 281,647 107,066 39,320 0 -21,417 5,851 211,523
Goodrich Petroleum (GDP) 181,068 0% 4.7 6% 234,658 149,838 88,189 0 14,215 59,801 278,730
Unit (UNT) 175,794 -15% -42.7 -9% 2,539,909 1,351,162 725,064 -108,068 -221,181 -22,549 963,382

Balance Sheet ($'000)2011-03-312011-06-302011-09-302011-12-302012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-30
Cash8621,7074,7882,1221,1371,4732,1386156741,7182,5264,1493,2966,1807,2262,0273,92716,79325,44322,07822,95223,77325,82626,09026,59630,81531,48230,00939,10833,13534,34033,99133,23035,117
Accounts Receivable5,9105,7265,6726,4597,0258,55610,44111,85611,35114,51216,34614,75517,55419,12719,51617,26613,16312,89511,92512,46010,0159,4459,3789,90211,43212,86814,05912,54914,03719,23720,53118,92020,31415,727
Inventory86831221041042594284965888978291,2021,2051,045871770781718697574554537475419421502563559605
PP&E223,862224,746229,247232,618237,221241,924246,711250,412254,033257,846265,061273,565281,298286,337294,572299,446301,972302,213300,691300,785301,009301,247301,202301,890302,084301,697303,598303,484306,535308,487311,721311,948313,449313,775
Assets166,311169,433164,771151,907147,118152,035153,460153,958156,310161,376169,401157,913162,942168,447178,707158,864157,255172,246163,959146,957144,891145,095144,313141,272141,458144,982147,731108,797110,718110,235114,845111,614110,940106,742
Accounts Payable
Long-Term Debt10,00091,31742,075102,92675,40694,65794,657110,95696,72398,850108,643106,449117,000102,05399,85297,648108,00093,23288,05282,86398,40071,86666,65161,42679,50050,95147,183
Liabilities152,200150,729142,525133,364129,287131,714134,224135,374138,234140,193143,924146,039145,681147,247151,188141,243137,510151,550153,711146,646147,690145,947142,171134,216136,721135,993135,571126,051129,882125,016123,733110,934114,675108,767
Stockholders' Equity14,11118,70422,24618,54317,83120,32119,23618,58418,07621,18325,00611,87416,53620,49726,74017,62119,42720,73110,7423118223,2546,6277,05610,22414,86018,336-17,254-12,219-7,511-1,3336804,7116,978
Income Statement ($'000)2011-03-312011-06-302011-09-302011-12-302012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-30
Revenue11,15011,74711,17711,57411,46412,82812,75513,38311,45217,03819,58520,61721,36823,23327,68521,61216,63819,21123,82814,83212,69313,87014,42213,95714,80018,37916,57416,19417,49319,99222,84621,00821,01618,622
Cost of Revenue
Gross Profit
R&D
SG&A1,1259279071,5191,1908921,1761,2471,1908398851,8201,3099461,0861,9681,0971,1481,4822,4131,0861,1741,0932,0131,1781,2101,1031,9641,3651,2051,2511,4542,138
Tax-2,3177007,913-2,3218291,3420001,6732,058-7,0722,1952,1323,364-4,832974700-5,379-5,5462761,3121,8152311,7062,4961,87239,5631,6581,7861,9411,8631,705
Net Income-4,3061,30114,694-4,3081,5422,592-1,124-652-5083,1723,999-12,9864,1853,9616,320-9,1191,8061,304-9,989-10,4315112,4323,3734293,1684,6363,476-35,5905,0354,7086,1782,0134,0312,267
Cash Flow ($'000)2011-03-312011-06-302011-09-302011-12-302012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-30
Cash Operating-3,3604,0523,9402,3145,4603,9174,7792,8441,9135,4408,2748,6554,8368,9658,576-2,6015,633-2,3085,750-1644,2733,0155,0043,2183,2904,4645,0895,7093,7331,4266,7615,5818,155
Cash Investing-2,818-8378,2193,0791,020-3,723-4,188-5,140-4,937-3,102-7,305-6,587-4,597-5,490-7,253-2,016-2,466-5,4904,146-870-788178-50-147-1782,395-1,948-4,383-2,538-1,926-2,756-990-627
Cash Financing1,383-2,370-9,078-8,059-7,465142747733,083-1,294-161-445-1,092-591-277-582-1,26720,664-1,246-2,331-2,611-2,372-2,901-2,807-2,606-2,640-2,474-2,799-2,572-5,473-2,800-5,352-5,641