PLEDGE PETROLEUM CORP
Materials · Industrial Organic Chemicals · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | |
|---|---|---|---|---|---|---|
| Revenue | — | $25,000 | $0 | $91,000 | $190,035 | $94,362 |
| Operating income | −$33,746 | −$602,732 | −$2.9M | −$3.4M | −$4.2M | −$3.5M |
| Net income | −$33,746 | −$601,892 | −$4.1M | −$4.0M | −$5.0M | −$3.8M |
| Total assets | $171,378 | $8.6M | $9.2M | $12.8M | $679,041 | $170,108 |
| Total liabilities | — | — | — | $445,018 | $913,136 | $1.4M |
| Equity | $0 | $8.6M | $8.1M | $12.2M | −$234,095 | −$1.3M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 234.3M | 268.6M | 268.6M | 260.8M | 208.0M | 134.4M |
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
- —
- Net margin
- —
- Return on equity
- —
- Return on assets
- −19.7%
- Return on capital (ROCE)
- −49.7%
- Liabilities / assets
- —
- Debt / equity
- —
- Book value / share
- $0.00
- Revenue growth (YoY)
- —
- 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 · FY2018- Accruals / assets
- −29.2%clean
- Piotroski F-Score
- 3/6weak
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. What these scores mean →
Signs
● 1 severe● 2 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- 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- NT 10-Qmissed a reporting deadline ↗Nov 15, 2019
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2019
- NT 10-Qmissed a reporting deadline ↗May 15, 2019
- NT 10-Kmissed a reporting deadline ↗Mar 29, 2019
- NT 10-Qmissed a reporting deadline ↗May 15, 2018
- NT 10-Kmissed a reporting deadline ↗Apr 2, 2018
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 |
|---|---|---|---|---|
| Headrick Christopher LynnOfficer — Chief Executive Officer | Dec 19, 2018 | J | 250.0M | $0.00 |
| Headrick Christopher LynnDirector | May 2, 2018 | J | 10.0M | $0.00 |
| Huemoeller John Walter IiDirector | May 3, 2018 | J | 10.0M | $0.00 |
| Zotos John AOfficer — Interim CEO and Interim CFO | May 2, 2018 | J | 10.0M | $0.00 |
| Boutte C. BrianOfficer — Chief Executive Officer | Jun 6, 2016 | Grant | 50,000 | $0.06 |
| Boutte C. BrianOfficer — Chief Executive Officer | May 20, 2016 | Buy | 25,000 | $0.06 |
| Ervington Investments Ltd10% owner | Jul 6, 2015 | Buy | 56.7M | — |
| Huemoeller John Walter IiOfficer — President, CEO and CFO | Dec 5, 2014 | Grant | 10.0M | — |
| Steffens Daniel MarkDirector | Dec 5, 2014 | Grant | 50,000 | — |
| Zotos John ADirector | Dec 5, 2014 | Grant | 3.0M | — |
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 changeApr 19, 2021
- Entered a material agreement · New financial obligation · Unregistered equity saleJun 20, 2019
- Changed auditorMar 18, 2019
- Entered a material agreement · Completed an acquisition or disposition · Unregistered equity sale · Change in control · Director / officer change · Item 5.06Dec 21, 2018
- Director / officer changeMay 3, 2018
- Completed an acquisition or disposition · Costs from exit or disposal · Change in control · Director / officer change · Shareholder voteMar 28, 2018
- Director / officer changeMay 2, 2017
- Director / officer changeApr 5, 2017
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 ↗- REVOKEDSep 7, 2021
- 8-KFORM 8-KApr 19, 2021
- NT 10-QNov 15, 2019
- 10-QFORM 10-QAug 19, 2019
- NT 10-QAug 14, 2019
- 8-KFORM 8-KJun 20, 2019
- 10-QFORM 10-QMay 20, 2019
- NT 10-QMay 15, 2019
- 10-KFORM 10-KApr 16, 2019
- NT 10-KMar 29, 2019
- 8-KFORM 8-KMar 18, 2019
- SC 13DSCHEDULE 13DJan 15, 2019
- 4OWNERSHIP DOCUMENTJan 15, 2019
- 8-KFORM 8-KDec 21, 2018
- 10-QFORM 10-QNov 14, 2018
Event-driven situations (1)
Spot an error in this record? Report it. Every correction is verified against the source filing before we change anything.