BAKKEN RESOURCES INC
Energy · Crude Petroleum & Natural Gas · NV · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | |
|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — |
| Operating income | −$2.0M | −$872,679 | $5.9M | $1.8M | −$151,092 | −$1.1M |
| Net income | −$1.6M | −$668,731 | $4.0M | $1.3M | −$399,403 | −$1.1M |
| Total assets | $6.7M | $6.6M | $8.4M | $4.5M | $2.9M | $3.0M |
| Total liabilities | $423,220 | $189,245 | $1.2M | $1.4M | $1.2M | $1.6M |
| Equity | $6.2M | $6.4M | $7.1M | $3.1M | $1.7M | $1.4M |
| EPS (diluted) | — | — | — | — | — | — |
| Shares out. | 56.7M | 56.7M | 56.7M | 56.7M | 56.9M | 56.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2016- Operating margin
- —
- Net margin
- —
- Return on equity
- −25.8%
- Return on assets
- −24.2%
- Return on capital (ROCE)
- −31.4%
- Liabilities / assets
- 6.4%
- Debt / equity
- 0.07×
- Book value / share
- $0.11
- 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 · FY2016- Altman Z″ (distress)
- 20.20safe
- Accruals / assets
- −18.5%clean
- Piotroski F-Score
- 2/7weak
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
● 1 severe● 1 warning● 3 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Negative operating cash flow
- Conservative leverage (liabilities < 50% of assets)
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
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 ↗Aug 15, 2018
- NT 10-Kmissed a reporting deadline ↗Apr 3, 2018
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2017
- NT 10-K/Amissed a reporting deadline ↗Apr 15, 2015
- NT 10-Kmissed a reporting deadline ↗Mar 31, 2015
- NT 10-Qmissed a reporting deadline ↗Nov 14, 2014
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 |
|---|---|---|---|---|
| Anderson DanOfficer — CFO | Nov 23, 2015 | J | 0 | $0.00 |
| Holms Val M.Officer — CEO and President | Dec 27, 2011 | J | 6.2M | $0.00 |
| Boleneus David E.Director | Feb 4, 2011 | Buy | 40,000 | $0.25 |
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- Other material eventSep 23, 2019
- Other material eventAug 14, 2019
- Bankruptcy or receivership · Director / officer change · Other material eventMay 8, 2019
- Bankruptcy or receivership · Changed auditor · Director / officer changeDec 10, 2018
- Prior financials not reliable (restatement)Aug 1, 2018
- Completed an acquisition or dispositionMay 9, 2018
- Entered a material agreement · Change in control · Amended charter or bylaws · Other material eventJan 9, 2018
- Completed an acquisition or disposition · Other material eventDec 20, 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 ↗- REVOKEDOct 11, 2019
- 8-KBAKKEN RESOURCES, INC. FORM 8-KSep 23, 2019
- 8-KBAKKEN RESOURCES, INC. FORM 8-KAug 14, 2019
- 8-KMay 8, 2019
- 8-KCURRENT REPORTDec 10, 2018
- NT 10-QNOTICE UNDER RULE 12B25 OF INABILITY TO TIMELY FILE ALL OR PART OF A FORM 10-QAug 15, 2018
- 8-KCURRENT REPORTAug 1, 2018
- 8-KCURRENT REPORTMay 9, 2018
- 8-K/AAMENDMENT TO CURRENT REPORTApr 6, 2018
- NT 10-KNOTICE UNDER RULE 12B25 OF INABILITY TO TIMELY FILE ALL OR PART OF A FORM 10-KApr 3, 2018
- 8-KCURRENT REPORTJan 9, 2018
- 8-KCURRENT REPORTDec 20, 2017
- 8-KCURRENT REPORTDec 1, 2017
- 8-KCURRENT REPORTNov 20, 2017
- 10-QQUARTERLY REPORTNov 15, 2017
Event-driven situations (2)
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