HILLTOP ENERGY, LLC.
Energy · Drilling Oil & Gas Wells · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY14 | FY13 | FY12 | FY11 | FY10 | |
|---|---|---|---|---|---|
| Revenue | $15.8M | $3.8M | $1.3M | $6.1M | $3.5M |
| Operating income | −$7.5M | −$3.6M | −$4.7M | −$2.6M | −$1.9M |
| Net income | $9.1M | −$5.9M | −$3.6M | −$10.3M | −$4.9M |
| Total assets | $125.0M | $18.0M | $30.5M | $37.1M | — |
| Total liabilities | $126.7M | $31.2M | — | — | — |
| Equity | −$1.7M | −$13.2M | −$8.2M | $4.8M | $13.8M |
| EPS (diluted) | $0.08 | $-0.09 | — | — | — |
| Shares out. | 77.5M | 77.5M | 77.2M | 76.8M | — |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2014- Operating margin
- −47.5%
- Net margin
- 57.5%
- Return on equity
- −541.0%
- Return on assets
- 7.3%
- Return on capital (ROCE)
- −18.1%
- Liabilities / assets
- 101.3%
- Debt / equity
- —
- Book value / share
- $-0.02
- Revenue growth (YoY)
- 312.4%
- 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 · FY2014- Altman Z″ (distress)
- -6.29distress
- Accruals / assets
- 10.9%high accruals
- 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 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● 1 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)
- High leverage (liabilities > 70% of assets)
- Negative operating cash flow
- High accruals — earnings-quality risk
- Revenue is growing year-over-year
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 14, 2014
- NT 10-Kmissed a reporting deadline ↗Sep 30, 2014
- NT 10-Qmissed a reporting deadline ↗Feb 18, 2014
- NT 10-Kmissed a reporting deadline ↗Sep 30, 2013
- NT 10-Kmissed a reporting deadline ↗Sep 28, 2005
- NT 10-Qmissed a reporting deadline ↗Feb 14, 2005
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 |
|---|---|---|---|---|
| Bruggeman William10% owner | May 26, 2015 | Sell | 165,578 | $0.02 |
| Wallen Calvin IiiOfficer — President and CEO | May 15, 2014 | Gift | 5.3M | $0.00 |
| Bruggeman William10% owner | Nov 15, 2013 | Sell | 3,000 | $0.34 |
| Bruggeman William10% owner | Oct 29, 2013 | Sell | 400 | $0.38 |
| Brown David BDirector | Oct 8, 2013 | Grant | 20,000 | $0.00 |
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- Bankruptcy or receivershipMar 1, 2016
- Bankruptcy or receivershipFeb 19, 2016
- Entered a material agreement · Bankruptcy or receivership · Debt acceleration / triggering event · Regulation FD disclosure · Other material eventDec 14, 2015
- Changed auditorSep 17, 2015
- Other material eventAug 28, 2015
- Prior financials not reliable (restatement)Sep 30, 2014
- Terminated a material agreement · Director / officer changeAug 15, 2014
- Changed auditorJul 17, 2014
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 ↗- 15-15DJul 1, 2016
- SC 13G/AApr 11, 2016
- EFFECTMar 1, 2016
- SC 13D/AAMENDMENT NO. 4 TO SCHEDULE 13DMar 1, 2016
- 15-12BTERMINATION OF REGISTRATION OF SECURITIES UNDER SECTION 12(B)Mar 1, 2016
- SC 13D/AAMENDMENTMar 1, 2016
- 8-KCURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGESMar 1, 2016
- S-8 POSPOST-EFFECTIVE AMENDMENT TO A S-8 REGISTRATION STATEMENTFeb 19, 2016
- POS AMPOST-EFFECTIVE AMENDMENT NOT AUTOMATICALLY EFFECTIVE UPON FILINGFeb 19, 2016
- 8-KCURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGESFeb 19, 2016
- SC 13G/AFeb 9, 2016
- SC 13D/AAMENDMENT NO. 3 TO SCHEDULE 13DJan 22, 2016
- SC 13D/AAMENDMENT NO. 2 TO SCHEDULE 13DDec 14, 2015
- SC 13D/AAMENDMENTDec 14, 2015
- 8-KCURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGESDec 14, 2015
Event-driven situations (1)
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