Fundies.
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Montage Resources Corporation

EDGAR
ECR Quarterly report (10-Q) · filed 2020-11-06

103 filing records in this dataset, filed from 2014-05-05 to 2020-11-06. Reported financial figures are available; chart coverage varies by period.

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Watchlist

Latest quarter

Revenue

115 million USD

2020 Q3 · USD

Exact inputs and evidence

Operating margin

-31.6%

2020 Q3 · %

Exact inputs and evidence
  • Operating Income: -36464000 USD Source
  • Revenue: 115405000 USD Source

Operating cash flow

30.7 million USD

2020 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 72831000 USD Source
  • Operating Cash Flow: 42127000 USD Source
Cash and cash equivalents
4.01 million USD Source
Exact value

4013000 USD

Long-term debt including current maturities
Not available
Shares outstanding
36 million shares Source
Exact value

36034837 shares

Reported share-count change

0.78% · 279 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 35756088 shares · 2019-09-30· Source
  • 36034837 shares · 2020-09-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

514 million USD

2019-10-01 – 2020-09-30

Exact inputs and evidence
  • Revenue: 174109000 USD · 2019-10-01 – 2019-12-31 Source
  • Revenue: 133425000 USD · 2020-01-01 – 2020-03-31 Source
  • Revenue: 90684000 USD · 2020-04-01 – 2020-06-30 Source
  • Revenue: 115405000 USD · 2020-07-01 – 2020-09-30 Source

Net income

-144 million USD

2019-10-01 – 2020-09-30

Exact inputs and evidence
  • Net income: 14064000 USD · 2019-10-01 – 2019-12-31 Source
  • Net income: 2827000 USD · 2020-01-01 – 2020-03-31 Source
  • Net income: -68854000 USD · 2020-04-01 – 2020-06-30 Source
  • Net income: -92200000 USD · 2020-07-01 – 2020-09-30 Source

Operating cash flow

152 million USD

2019-10-01 – 2020-09-30

Exact inputs and evidence
  • Operating cash flow: 255429000 USD · 2019-01-01 – 2019-12-31 Source
  • Operating cash flow: 176309000 USD · 2019-01-01 – 2019-09-30 Source
  • Operating cash flow: 21490000 USD · 2020-01-01 – 2020-03-31 Source
  • Operating cash flow: 42127000 USD · 2020-01-01 – 2020-06-30 Source
  • Operating cash flow: 21490000 USD · 2020-01-01 – 2020-03-31 Source
  • Operating cash flow: 72831000 USD · 2020-01-01 – 2020-09-30 Source
  • Operating cash flow: 42127000 USD · 2020-01-01 – 2020-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2020-11-06.

Financial data available through: 2019-12-31.

Coverage by financial measure
  • Revenue: 8 of 11 periods available· newest 2019-12-31
  • Operating income: 8 of 11 periods available· newest 2019-12-31
  • Net income: 8 of 11 periods available· newest 2019-12-31
  • Operating cash flow: 8 of 11 periods available· newest 2019-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 8 of 11 periods available· newest 2019-12-31
  • Total liabilities: 6 of 11 periods available· newest 2019-12-31
  • Current assets: 8 of 11 periods available· newest 2019-12-31
  • Current liabilities: 8 of 11 periods available· newest 2019-12-31
  • Cash and cash equivalents: 8 of 11 periods available· newest 2019-12-31
  • long term debt: No compatible figures in this window
  • Shares outstanding: 7 of 11 periods available· newest 2019-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +23.2%

    Prior period

    USD 515.15 million

    –

    Current period

    USD 634.44 million

    –

    Exact inputs and evidence

    634441000 − 515145000 = 119296000 USD

    515145000 USD · 2018-01-01 – 2018-12-31

    Inspect prior input Prior source

    634441000 USD · 2019-01-01 – 2019-12-31

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  • Net income

    +68.7%

    Prior period

    USD 18.83 million

    –

    Current period

    USD 31.76 million

    –

    Exact inputs and evidence

    31762000 − 18826000 = 12936000 USD

    18826000 USD · 2018-01-01 – 2018-12-31

    Inspect prior input Prior source

    31762000 USD · 2019-01-01 – 2019-12-31

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  • Operating cash flow

    +13.5%

    Prior period

    USD 225.09 million

    –

    Current period

    USD 255.43 million

    –

    Exact inputs and evidence

    255429000 − 225093000 = 30336000 USD

    225093000 USD · 2018-01-01 – 2018-12-31

    Inspect prior input Prior source

    255429000 USD · 2019-01-01 – 2019-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2019 2019-01-01 – 2019-12-31

  • Revenue USD 634.44 million 100% of revenue
  • Operating costs Derived USD 593.55 million 94% of revenue
  • Operating income USD 40.89 million 6.4% of revenue
  • Tax, interest and other Derived USD 9.13 million 1.4% of revenue
  • Net income USD 31.76 million 5% of revenue

Cash

  • Operating cash flow USD 255.43 million 40% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2012 Operating loss: operating costs were 2,477% of revenue.
  • 2013 Operating loss: operating costs were 275% of revenue.
  • 2014 Operating loss: operating costs were 161% of revenue.
  • 2015 Operating loss: operating costs were 484% of revenue.
  • 2016 Operating loss: operating costs were 150% of revenue.
  • 2017 97%
  • 2018 15%82%
  • 2019 94%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2012 2012-01-01 – 2012-12-31370000 9166000 Derived -8796000 -37000 Derived -8759000 Unavailable
Source
2013 2013-01-01 – 2013-12-3112935000 35626000 Derived -22691000 20850000 Derived -43541000 Unavailable
Source
2014 2014-01-01 – 2014-12-31137816000 221990000 Derived -84174000 99002000 Derived -183176000 Unavailable
Source
2015 2015-01-01 – 2015-12-31255321000 1234907000 Derived -979586000 -17795000 Derived -961791000 Unavailable
Source
2016 2016-01-01 – 2016-12-31235034000 352436000 Derived -117402000 89333000 Derived -206735000 Unavailable
Source
2017 2017-01-01 – 2017-12-31383659000 370990000 Derived 12669000 4144000 Derived 8525000 Unavailable
Source
2018 2018-01-01 – 2018-12-31515145000 421159000 Derived 93986000 75160000 Derived 18826000 Unavailable
Source
2019 2019-01-01 – 2019-12-31634441000 593552000 Derived 40889000 9127000 Derived 31762000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 634.4M 2019
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.685.2M513.9M342.6M171.3M0.0201220162019
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2012Revenue370000
2013Revenue12935000
2014Revenue137816000
2015Revenue255321000
2016Revenue235034000
2017Revenue383659000
2018Revenue515145000
2019Revenue634441000

Revenue growth

Change in revenue from the same financial period one year earlier.

23.2% 2019
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.3,668%2,681%1,694%707%-280%201220162019
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2012Year over yearNo prior comparable period
2013Year over year3,395.9%
2014Year over year965.5%
2015Year over year85.3%
2016Year over year-7.9%
2017Year over year63.2%
2018Year over year34.3%
2019Year over year23.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 6.4% 2019
Net margin 5% 2019
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.210%-485%-1,180%-1,874%-2,569%201220162019
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2012Operating margin-2,377.3%
2013Operating margin-175.4%
2014Operating margin-61.1%
2015Operating margin-383.7%
2016Operating margin-50%
2017Operating margin3.3%
2018Operating margin18.2%
2019Operating margin6.4%
2012Net margin-2,367.3%
2013Net margin-336.6%
2014Net margin-132.9%
2015Net margin-376.7%
2016Net margin-88%
2017Net margin2.2%
2018Net margin3.7%
2019Net margin5%
2012Free cash flow marginNot reported
2013Free cash flow marginNot reported
2014Free cash flow marginNot reported
2015Free cash flow marginNot reported
2016Free cash flow marginNot reported
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 255.4M 2019
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.276.1M201.1M126.0M51.0M-24.1M201220162019
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2012Operating cash flow-3381000
2013Operating cash flow12438000
2014Operating cash flow8513000
2015Operating cash flow80299000
2016Operating cash flow6405000
2017Operating cash flow112746000
2018Operating cash flow225093000
2019Operating cash flow255429000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2012Free cash flowUnavailable
2013Free cash flowUnavailable
2014Free cash flowUnavailable
2015Free cash flowUnavailable
2016Free cash flowUnavailable
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

48.9% 2019
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.58%43%29%14%0%2012-12-3120162019
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2012-12-31Liabilities / assetsNot reported
2013-12-31Liabilities / assetsNot reported
2014Liabilities / assets38.7%
2015Liabilities / assets50%
2016Liabilities / assets53.6%
2017Liabilities / assets53.2%
2018Liabilities / assets52.1%
2019Liabilities / assets48.9%

Current assets to current liabilities

Current assets divided by current liabilities.

0.5× 2019
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.32×3.24×2.16×1.08×0.00×201220162019
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2012Current assets / current liabilities4×
2013Current assets / current liabilities1.57×
2014Current assets / current liabilities0.68×
2015Current assets / current liabilities2.66×
2016Current assets / current liabilities1.9×
2017Current assets / current liabilities0.72×
2018Current assets / current liabilities0.64×
2019Current assets / current liabilities0.5×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2012 2012-01-01 – 2012-12-31
−USD 8.76 million
Exact value

Exact value: -8759000 USD

2012-01-01 – 2012-12-31: -8759000 USD Inspect Net Income Open source
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−USD 3.38 million
Exact value

Exact value: -3381000 USD

2012-01-01 – 2012-12-31: -3381000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2013 2013-01-01 – 2013-12-31
−USD 43.54 million
Exact value

Exact value: -43541000 USD

2013-01-01 – 2013-12-31: -43541000 USD Inspect Net Income Open source
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USD 12.44 million
Exact value

Exact value: 12438000 USD

2013-01-01 – 2013-12-31: 12438000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2014 2014-01-01 – 2014-12-31
−USD 183.18 million
Exact value

Exact value: -183176000 USD

2014-01-01 – 2014-12-31: -183176000 USD Inspect Net Income Open source
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USD 8.51 million
Exact value

Exact value: 8513000 USD

2014-01-01 – 2014-12-31: 8513000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2015 2015-01-01 – 2015-12-31
−USD 961.79 million
Exact value

Exact value: -961791000 USD

2015-01-01 – 2015-12-31: -961791000 USD Inspect Net Income Open source
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USD 80.3 million
Exact value

Exact value: 80299000 USD

2015-01-01 – 2015-12-31: 80299000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2016 2016-01-01 – 2016-12-31
−USD 206.74 million
Exact value

Exact value: -206735000 USD

2016-01-01 – 2016-12-31: -206735000 USD Inspect Net Income Open source
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USD 6.41 million
Exact value

Exact value: 6405000 USD

2016-01-01 – 2016-12-31: 6405000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
USD 8.53 million
Exact value

Exact value: 8525000 USD

2017-01-01 – 2017-12-31: 8525000 USD Inspect Net Income Open source
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USD 112.75 million
Exact value

Exact value: 112746000 USD

2017-01-01 – 2017-12-31: 112746000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
USD 18.83 million
Exact value

Exact value: 18826000 USD

2018-01-01 – 2018-12-31: 18826000 USD Inspect Net Income Open source
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USD 225.09 million
Exact value

Exact value: 225093000 USD

2018-01-01 – 2018-12-31: 225093000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
USD 31.76 million
Exact value

Exact value: 31762000 USD

2019-01-01 – 2019-12-31: 31762000 USD Inspect Net Income Open source
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USD 255.43 million
Exact value

Exact value: 255429000 USD

2019-01-01 – 2019-12-31: 255429000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

103 filings · 2,023 latest values · 2,023 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001600470, 1600470, ECR, MR, edgar:1600470

Also known as Eclipse Resources Corp, Montage Resources Corp, Montage Resources Corporation