Breitling Energy Corp
Energy · Crude Petroleum & Natural Gas · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY13 | FY12 | FY11 | |
|---|---|---|---|
| Revenue | $88,842 | $79,085 | — |
| Operating income | −$4.5M | −$2.5M | −$555,674 |
| Net income | −$5.9M | −$3.7M | −$556,637 |
| Total assets | $795,636 | $1.0M | $835,878 |
| Total liabilities | $1.7M | $676,174 | $827,570 |
| Equity | −$884,730 | $324,928 | $8,308 |
| EPS (diluted) | — | — | — |
| Shares out. | 22.8M | 11.0M | 2.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2013- Operating margin
- −5072.9%
- Net margin
- −6640.4%
- Return on equity
- 666.8%
- Return on assets
- −741.5%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 211.2%
- Debt / equity
- —
- Book value / share
- $-0.04
- Revenue growth (YoY)
- 12.3%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2013- Altman Z″ (distress)
- -104.32distress
- Accruals / assets
- −678.5%clean
- Piotroski F-Score
- 2/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 3 severe● 4 warning● 3 good- Negative shareholder equity
- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- Strong return on equity (>15%)
- Revenue is growing year-over-year
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Apr 1, 2015
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2013
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2013
- NT 10-Kmissed a reporting deadline ↗Jun 28, 2013
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2013
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2012
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Faulkner Chris AundreOfficer — CEO, President & Chairman | Mar 6, 2015 | Buy | 11,000 | $0.34 |
| Faulkner Chris AundreOfficer — CEO, President & Chairman | Dec 16, 2014 | Buy | 1,000 | $0.36 |
| Faulkner Chris AundreOfficer — CEO, President & Chairman | Dec 9, 2014 | Buy | 1,000 | $0.50 |
| Faulkner Chris AundreOfficer — CEO, President & Chairman | Dec 2, 2014 | Buy | 10,000 | $0.40 |
| Plumb Steven M | Mar 9, 2014 | Grant | 1.2M | $0.03 |
| Plumb Steven MOfficer — Chief Financial Officer | Jul 12, 2013 | Grant | 1.2M | $0.03 |
| Ivins James LeonardOfficer — Chief Executive Officer | Jul 12, 2013 | Grant | 900,000 | $0.03 |
| Ivins James LeonardOfficer — CHIEF EXECUTIVE OFFICER | Feb 5, 2013 | Buy | 1.2M | $0.10 |
| Plumb Steven MOfficer — President & CFO | Feb 12, 2013 | Sell | 15,000 | $0.23 |
| Plumb Steven MOfficer — Chief Financial Officer | Dec 17, 2012 | Option exercise | 100,000 | $0.10 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Material events
SEC Form 8-K · most recent- Director / officer changeDec 23, 2015
- Changed auditorDec 4, 2015
- Director / officer changeOct 15, 2015
- Regulation FD disclosureOct 1, 2015
- Prior financials not reliable (restatement)Sep 4, 2015
- Director / officer changeAug 14, 2015
- Regulation FD disclosureAug 4, 2015
- Regulation FD disclosureJun 25, 2015
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- REVOKEDNov 1, 2016
- 8-KCURRENT REPORTDec 23, 2015
- 8-KCURRENT REPORTDec 4, 2015
- 3PRIMARY DOCUMENTNov 12, 2015
- 8-KCURRENT REPORTOct 15, 2015
- 8-KCURRENT REPORTOct 1, 2015
- 8-KCURRENT REPORTSep 4, 2015
- 8-KCURRENT REPORTAug 14, 2015
- 8-KCURRENT REPORTAug 4, 2015
- 8-KCURRENT REPORTJun 25, 2015
- 8-KFORM 8-KJun 2, 2015
- 8-KFORM 8-KMay 13, 2015
- 8-KCURRENT REPORTMay 12, 2015
- 8-KCURRENT REPORTMay 1, 2015
- 8-KApr 10, 2015
Event-driven situations (1)
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