VIKING ENERGY GROUP, INC. company info

CIK 1102432
IRS Number 980199508
State of incorporation NV
Business address 15915 KATY FREEWAY
SUITE 450
HOUSTON
TX
77094
Mail address 15915 KATY FREEWAY
SUITE 450
HOUSTON
TX
77094

Short summary

VIKING ENERGY GROUP, INC. is a Texas company, with head office located at 15915 Katy Freeway Houston, Texas 77094. In 2019 the company owned a total of 177.71 million USD worth of assets, including 10.99 million USD worth of current assets. The company amassed the most assets last year, totalling up to 177.71 million USD.

VIKING ENERGY GROUP, INC. Income Statement

Name [in Millions USD]1998199920002001200220032004200520062007200820092010201120122013201420152016201720182019Trends
Gross Profit 0.05
Selling, General and Administrative Expense 0.070.050.050.210.781.607.27
Operating Expenses 0.470.450.570.653.638.7015.1429.72
Operating Income (Loss) -0.03-3.64-0.42-0.45-0.57-0.61-3.25-6.72-7.174.88
Interest expense -0.010.000.302.481.607.88-12.99
Income Tax Expense (Benefit) 0.91-0.91
Net income -0.15-0.51-0.340.38-0.06-0.61-0.80-0.05-0.04-0.170.08-0.05-0.03-3.64-0.43-0.52-0.65-0.91-5.4517.83-15.12-19.39

VIKING ENERGY GROUP, INC. Balance Sheet

Name [in Millions USD]1998199920002001200220032004200520062007200820092010201120122013201420152016201720182019Trends
Cash and cash equivalents 0.2100.000.020.000.010.020.005.814.255.64
Accounts Receivable, Net, Current 0.010.070.563.04
Total assets 02.280.040.000.600.793.1346.31134.21177.71
Current assets 0.010.030.000.100.180.176.437.8410.99
Accounts payable 0.060.100.070.621.632.00
Total current liabilities 0.060.481.643.889.1753.6230.83
Long-term Debt, Excluding Current Maturities 0.021.5013.1568.45
Long-term Debt 3.2917.8865.7666.23
Total liabilities 0.240.410.420.702.076.2325.72123.59148.38
Common Stock, Value, Issued 0.000.020.020.020.030.030.060.080.090.13
Retained Earnings (Accumulated Deficit) -1.31-1.31-6.21-6.74-7.46-8.96-16.29-1.28-21.53-10.99
Accumulated Other Comprehensive Income (Loss), Net of Tax 6.220.000.00-0.19-0.16

VIKING ENERGY GROUP, INC. Cash Flow

Name [in Millions USD]1998199920002001200220032004200520062007200820092010201120122013201420152016201720182019Trends
Net income -0.15-0.51-0.340.38-0.06-0.61-0.80-0.05-0.04-0.170.08-0.05-0.03-3.64-0.43-0.52-0.65-0.91-5.4517.83-15.12-19.39
Depreciation and amortization 0.000.030.100.511.6410.94
Depreciation and amortization 1.6410.94
Depreciation and amortization 0.03
Accounts receivable -0.07-0.560.13-2.52
Accounts payable -0.120.080.120.43-0.341.25
Net Cash Provided by (Used in) Operating Activities -0.04-0.30-0.13-0.37-0.46-0.23-1.28-3.934.03
Payments to Acquire Property, Plant, and Equipment 00
Payments to Acquire Businesses, Net of Cash Acquired 13.70
Net Cash Provided by (Used in) Investing Activities 00-0.01-0.55-0.08-2.25-1.84-6.51-4.65
Proceeds from Issuance of Long-term Debt 19.1810.26
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.870.06
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.870.06
Proceeds from Issuance of Common Stock 00.050.320.430.33
Net Cash Provided by (Used in) Financing Activities 00.050.45-0.010.910.562.478.848.722.26