Event-Driven Stocks

SRC Energy Inc.

Energy · Crude Petroleum & Natural Gas · CO · SEC filings ↗ · Compare ⊕

Signs● 5 good● 1 warning● 1 severedetails ↓

Financials

SEC XBRL · annual
 FY18FY17FY16FY15FY14FY13
Revenue$147.2M$43.8M$107.1M$18.9M$52.9M$19.3M
Operating income$77.4M$16.3M−$211.6M−$2.4M$43.5M$19.5M
Net income$65.8M$19.9M−$219.2M$18.0M$28.9M$9.6M
Total assets$2.75B$2.08B$1.02B$672.6M$448.5M$291.2M
Total liabilities$1.17B$771.1M$183.4M$166.1M$167.1M$88.0M
Equity$1.59B$1.31B$840.7M$506.5M$281.5M$203.2M
EPS (diluted)$0.27$0.10$-1.26$0.19$0.37$0.16
Shares out.241.8M200.7M200.6M105.1M79.3M74.4M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2018
Operating margin
52.5%
Net margin
44.7%
Return on equity
4.1%
Return on assets
2.4%
Return on capital (ROCE)
3.2%
Liabilities / assets
42.4%
Debt / equity
0.74×
Book value / share
$6.56
Revenue growth (YoY)
236.2%
Net income growth (YoY)
231.0%

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 · FY2018
Altman Z″ (distress)
1.44grey zone
Accruals / assets
−16.5%clean
Piotroski F-Score
6/9mixed

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 Score
77
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 100Financial strength 50

Our 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

● 1 severe● 1 warning● 5 good
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • 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

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.

Material events

SEC Form 8-K · most recent

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 ↗

Event-driven situations (1)