Event-Driven Stocks

Montage Resources Corp

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

Signs5 good1 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY19FY18FY17FY16FY15FY14
Revenue$141.5M$110.2M$383.7M$235.0M$255.3M$137.8M
Operating income$4.9M$14.5M$12.7M−$117.4M−$979.6M−$84.2M
Net income−$14.1M−$2.6M$8.5M−$206.7M−$961.8M−$183.2M
Total assets$1.95B$1.43B$1.22B$1.20B$1.27B$1.88B
Total liabilities$954.1M$746.3M$651.2M$642.0M$633.3M$727.0M
Equity$997.1M$687.5M$572.4M$556.6M$633.4M$1.16B
EPS (diluted)$0.95$-0.13$0.48$-12.84$-4.41
Shares out.35.2M301.8M262.2M222.9M222.5M160.0M

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

Key ratios

from filings · FY2019
Operating margin
3.4%
Net margin
−10.0%
Return on equity
−1.4%
Return on assets
−0.7%
Return on capital (ROCE)
0.3%
Liabilities / assets
48.9%
Debt / equity
0.96×
Book value / share
$28.33
Revenue growth (YoY)
28.4%
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 · FY2019
Altman Z″ (distress)
-1.56distress
Accruals / assets
13.8%clean
Piotroski F-Score
4/9mixed

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
65
/ 100
Profitability 40Growth 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 severe1 warning5 good
  • Altman Z″ in the distress zone
  • Reported a net loss
  • 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.

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)

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