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Blackwater Midstream Corporation
Business Summary
Blackwater Midstream Corporation is a privately-held company that operates in the Warehousing & Storage industry. Blackwater Midstream Corporation headquarters are located in Westwego, Louisiana. Blackwater Midstream Corporation was formerly known as Quest Resource Corporation.
Overview & Corporate Organization
Basic Information
| Formerly Named: | Quest Resource Corporation |
| Fiscal Year End: | 03/31 |
| City: | Westwego |
| State/Province: | Louisiana |
| Country: | United States |
| Website: | www.blackwatermidstream.com |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Transportation, Warehousing & Wholesale Distribution > Warehousing & Storage Services > Warehousing & Storage |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Income Statement | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
| Natural Gas Storage Revenue | View | View | View | View | ||||
| Other Sales Revenue, Net - Services | View | View | View | View | View | |||
| Net Sales Revenue | View | View | View | |||||
| Cost of Services - Direct Materials | View | |||||||
| Cost of Services - Direct Labor | View | |||||||
| Cost of Services - Depreciation and Amortization | View | |||||||
| Cost of Services - Other | View | |||||||
| Cost of Services | View | |||||||
| Direct Operating Costs | View | View | ||||||
| Cost Other Goods and Services Sold | View | View | ||||||
| Cost of Goods and Services Sold | View | View | View | |||||
| Gross Profit | View | View | View | |||||
| Selling, General and Administrative Expenses | View | View | View | View | View | |||
| Exploration Expense | View | View | $1,118 | |||||
| Depreciation (Nonproduction) | View | View | View | |||||
| Investments Impairment Charges | View | View | View | |||||
| Operating Expense - Other | View | View | View | View | $19,475 | |||
| Total Operating Expenses excluding costs | View | View | View | View | $22,075 | |||
| Operating Income/(Loss) | View | View | View | View | View | View | ||
| Interest Expense | View | View | View | View | View | View | $141 | |
| Interest Income | View | View | ||||||
| Gain/(Loss) on Disposition of Assets | View | View | View | View | View | |||
| Total Gain (Loss) on Derivatives | View | View | View | |||||
| Other Non-operating Gains/(Losses) | View | View | View | |||||
| Non-operating Income - Other | View | View | View | View | View | View | $0 | |
| Extinguishment of Debt | View | View | ||||||
| Income/(Loss) from Continuing Operations | View | |||||||
| Net Income (Loss) | View | View | View | View | View | View | ($22,075) |
| Balance Sheet | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 |
| Cash - Unrestricted | View | View | View | $5,000 | |||||
| Cash and Cash Equivalents | View | View | View | $143,220 | |||||
| Current Restricted Cash | View | ||||||||
| Net Accounts Receivable Trade | View | View | View | View | |||||
| Net Other Receivables | View | View | View | View | |||||
| Other Deferred Short Term Asset Charges | View | View | |||||||
| Prepaid Expenses | View | View | View | View | View | ||||
| Current Portion Intangible Assets | View | View | |||||||
| Current Other Assets | View | ||||||||
| Current Assets | View | View | View | View | |||||
| Construction in Progress | View | ||||||||
| Other Property, Plant and Equipment, Net | View | ||||||||
| Net Property, Plant and Equipment | View | View | View | View | |||||
| Investment in Nonconsolidated Subsidiaries | View | ||||||||
| Net Intangible Assets | View | View | |||||||
| Noncurrent Other Assets | View | ||||||||
| Noncurrent Assets | View | ||||||||
| Assets | View | View | View | View | View | ||||
| Accounts Payable | View | View | View | View | $0 | ||||
| Accrued Expenses | View | View | View | View | |||||
| Accounts Payable and Accrued Expenses | View | View | View | $4,175 | |||||
| Accounts Payable - Related Parties | View | View | View | ||||||
| Current Amounts Due To Officers/Stockholders | $20,097 | $14,452 | |||||||
| Current Amounts Due To Affiliates | View | ||||||||
| Current Amounts Due To Related Parties | View | ||||||||
| Current Deferred/(Unearned) Revenue | View | View | View | View | |||||
| Current Convertible Debt | View | View | View | ||||||
| Current Related Party Debt | View | View | View | View | |||||
| Other Current Portion of Long Term Debt | View | ||||||||
| Current Portion of Long-Term Debt | View | ||||||||
| Current Loans Payable to Bank | View | View | View | ||||||
| Derivative Liabilities - Short-Term | View | View | View | ||||||
| Current Other Liabilities | View | View | View | View | |||||
| Current Liabilities | View | View | View | View | $14,452 | ||||
| Convertible Debt | View | View | View | ||||||
| Related Party Debt - Long-Term | View | View | View | ||||||
| Long-Term Debt | View | ||||||||
| Notes Payable Bank Noncurrent | View | View | View | View | |||||
| Noncurrent Liabilities | View | View | View | ||||||
| Liabilities | View | View | View | View | $24,272 | ||||
| Preferred Stock - Value (Excluding Additional Paid in Capital) | View | View | View | View | $0 | ||||
| Common Stock - Value (Excluding Additional Paid in Capital) | View | View | View | View | View | View | $5,000 | $5,000 | |
| Additional Paid in Capital | View | View | View | View | View | View | $0 | ||
| Retained Earnings | View | View | View | View | View | View | ($36,527) | ($14,452) | |
| Equity - Other | $150,475 | $0 | |||||||
| Stockholders' Equity | View | View | View | View | View | View | $118,948 | ($9,452) | |
| Liabilities and Stockholders' Equity | View | View | View | View | View | View | $143,220 | $5,000 |
| Cash Flow Statement | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
| Operating Activities Beginning Net Income | View | View | View | View | View | View | ($22,075) | |
| Depreciation (Non-Production) | View | View | View | View | View | |||
| Adjustment Amortization - Intangibles (Non-Productive) | View | View | ||||||
| Amortization | View | View | View | |||||
| Adjustment - Amortization of Financing Costs | View | |||||||
| Adjustment - Impairment Other | View | View | ||||||
| Adjustment Issuance Stock and or Warrants | View | View | ||||||
| Adjustment for Equity Based Compensation Expense | View | View | View | View | View | |||
| Adjustment Derivatives | View | View | View | |||||
| Adjustment Realized Gains Losses On Sale Asset | View | View | View | View | View | |||
| Debt Extinguishment | View | View | ||||||
| Other Adjustments to Common Stockholders' Net Income - Increase/(Decrease) | View | |||||||
| Change Accounts Receivable | View | View | View | View | View | |||
| Increase/(Decrease) in Inventories | View | View | View | |||||
| Change Prepaid Expenses Other Current Assets | View | View | ||||||
| Change Prepaid Expenses Other Assets | View | View | View | |||||
| Increase/(Decrease) in Unearned Premiums | View | View | View | View | View | |||
| Increase/(Decrease) in Accounts Payable and Accrued Expenses | View | View | View | View | View | View | $4,175 | |
| Net Cash Flows Provided By/(Used In) Operating Activities | View | View | View | View | View | View | ($17,900) | |
| Purchase of Property, Plant and Equipment | View | View | View | View | View | |||
| Disposal of Investments | View | View | ||||||
| Increase Decrease Restricted Funds | View | View | ||||||
| Acquisition of Businesses, Net of Cash Acquired | View | View | View | View | View | |||
| Net Cash Flows Provided By/(Used In) Investing Activities | View | View | View | View | View | |||
| Proceeds from Bank Debt | View | View | View | View | ||||
| Repayments Bank Debt | View | View | View | View | ||||
| Proceeds Convertible Debt | View | View | ||||||
| Proceeds from Related Party Debt | View | View | ||||||
| Repayments of Related Party Debt | View | View | View | |||||
| Net Change Related Party Debt | $5,645 | |||||||
| Financing Costs | View | View | ||||||
| Proceeds from Issuance of Common Stock | View | View | $0 | |||||
| Increase/(Decrease) in Other Equity | View | |||||||
| Cash Provided by/(Used in) Financing Activities - Other | View | View | $150,475 | |||||
| Net Cash Flows Provided By/(Used In) Financing Activities | View | View | View | View | View | View | $156,120 | |
| Increase/(Decrease) in Cash and Cash Equivalents | View | View | View | View | View | View | $138,220 | |
| Cash and cash equivalents at the beginning of the year | View | View | View | View | View | View | $5,000 | |
| Total Cash and cash equivalents at the end of the year | View | View | View | View | View | View | $143,220 | |
| Income Taxes Paid | View | View | View | View | View | View | ||
| Cash Interest Expense | View | View | View | View | View | View | ||
| Supplemental Accounts Payable | View | View | View | |||||
| Other Noncash Investing and Financing Activities | View | |||||||
| Stock Issued | View | View | View | View | ||||
| Supplemental Other Net | View | View | View | View |
| Financial Notes: | |
| * | Blackwater Midstream Corporation fiscal year end: 03/31 |
Charts, Financials, and Statistics (Graphs)
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Blackwater Midstream Corporation Natural Gas Storage Revenue ($ MM): |
Blackwater Midstream Corporation Other Sales Revenue, Net - Services ($ MM): |
Blackwater Midstream Corporation Net Sales Revenue ($ MM): |
Blackwater Midstream Corporation Direct Operating Costs ($): |
Blackwater Midstream Corporation Cost Other Goods and Services Sold ($): |
Blackwater Midstream Corporation Cost of Goods and Services Sold ($ MM): |
Blackwater Midstream Corporation Gross Profit ($ MM): |
Blackwater Midstream Corporation Selling, General and Administrative Expenses ($ MM): |
Blackwater Midstream Corporation Exploration Expense ($): |
Blackwater Midstream Corporation Depreciation (Nonproduction) ($): |
Blackwater Midstream Corporation Investments Impairment Charges ($): |
Blackwater Midstream Corporation Operating Expense - Other ($ MM): |
Blackwater Midstream Corporation Total Operating Expenses excluding costs ($ MM): |
Blackwater Midstream Corporation Operating Income/(Loss) ($ MM): |
Blackwater Midstream Corporation Interest Expense ($): |
Blackwater Midstream Corporation Interest Income ($): |
Blackwater Midstream Corporation Gain/(Loss) on Disposition of Assets ($): |
Blackwater Midstream Corporation Total Gain (Loss) on Derivatives ($): |
Blackwater Midstream Corporation Other Non-operating Gains/(Losses) ($): |
Blackwater Midstream Corporation Non-operating Income - Other ($): |
Blackwater Midstream Corporation Extinguishment of Debt ($ MM): |
Blackwater Midstream Corporation Net Income (Loss) ($ MM): |
Blackwater Midstream Corporation Cash - Unrestricted ($ MM): |
Blackwater Midstream Corporation Cash and Cash Equivalents ($): |
Blackwater Midstream Corporation Net Accounts Receivable Trade ($): |
Blackwater Midstream Corporation Net Other Receivables ($): |
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Blackwater Midstream Corporation Current Portion Intangible Assets ($): |
Blackwater Midstream Corporation Current Assets ($ MM): |
Blackwater Midstream Corporation Net Property, Plant and Equipment ($ MM): |
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Blackwater Midstream Corporation Accounts Payable and Accrued Expenses ($): |
Blackwater Midstream Corporation Accounts Payable - Related Parties ($): |
Blackwater Midstream Corporation Current Deferred/(Unearned) Revenue ($): |
Blackwater Midstream Corporation Current Convertible Debt ($ MM): |
Blackwater Midstream Corporation Current Related Party Debt ($): |
Blackwater Midstream Corporation Current Loans Payable to Bank ($ MM): |
Blackwater Midstream Corporation Derivative Liabilities - Short-Term ($ MM): |
Blackwater Midstream Corporation Current Other Liabilities ($): |
Blackwater Midstream Corporation Current Liabilities ($ MM): |
Blackwater Midstream Corporation Convertible Debt ($ MM): |
Blackwater Midstream Corporation Related Party Debt - Long-Term ($): |
Blackwater Midstream Corporation Notes Payable Bank Noncurrent ($ MM): |
Blackwater Midstream Corporation Noncurrent Liabilities ($ MM): |
Blackwater Midstream Corporation Liabilities ($ MM): |
Blackwater Midstream Corporation Common Stock - Value (Excluding Additional Paid in Capital) ($): |
Blackwater Midstream Corporation Additional Paid in Capital ($ MM): |
Blackwater Midstream Corporation Retained Earnings ($ MM): |
Blackwater Midstream Corporation Stockholders' Equity ($ MM): |
Blackwater Midstream Corporation Liabilities and Stockholders' Equity ($ MM): |
Blackwater Midstream Corporation Operating Activities Beginning Net Income ($ MM): |
Blackwater Midstream Corporation Depreciation (Non-Production) ($): |
Blackwater Midstream Corporation Adjustment Amortization - Intangibles (Non-Productive) ($): |
Blackwater Midstream Corporation Amortization ($): |
Blackwater Midstream Corporation Adjustment Issuance Stock and or Warrants ($): |
Blackwater Midstream Corporation Adjustment for Equity Based Compensation Expense ($ MM): |
Blackwater Midstream Corporation Adjustment Derivatives ($): |
Blackwater Midstream Corporation Adjustment Realized Gains Losses On Sale Asset ($): |
Blackwater Midstream Corporation Debt Extinguishment ($ MM): |
Blackwater Midstream Corporation Change Accounts Receivable ($): |
Blackwater Midstream Corporation Increase/(Decrease) in Inventories ($): |
Blackwater Midstream Corporation Change Prepaid Expenses Other Current Assets ($): |
Blackwater Midstream Corporation Change Prepaid Expenses Other Assets ($): |
Blackwater Midstream Corporation Increase/(Decrease) in Unearned Premiums ($): |
Blackwater Midstream Corporation Increase/(Decrease) in Accounts Payable and Accrued Expenses ($ MM): |
Blackwater Midstream Corporation Net Cash Flows Provided By/(Used In) Operating Activities ($ MM): |
Blackwater Midstream Corporation Purchase of Property, Plant and Equipment ($ MM): |
Blackwater Midstream Corporation Disposal of Investments ($): |
Blackwater Midstream Corporation Increase Decrease Restricted Funds ($): |
Blackwater Midstream Corporation Acquisition of Businesses, Net of Cash Acquired ($ MM): |
Blackwater Midstream Corporation Net Cash Flows Provided By/(Used In) Investing Activities ($ MM): |
Blackwater Midstream Corporation Proceeds from Bank Debt ($ MM): |
Blackwater Midstream Corporation Repayments Bank Debt ($ MM): |
Blackwater Midstream Corporation Proceeds Convertible Debt ($ MM): |
Blackwater Midstream Corporation Repayments of Related Party Debt ($): |
Blackwater Midstream Corporation Financing Costs ($): |
Blackwater Midstream Corporation Proceeds from Issuance of Common Stock ($): |
Blackwater Midstream Corporation Cash Provided by/(Used in) Financing Activities - Other ($ MM): |
Blackwater Midstream Corporation Net Cash Flows Provided By/(Used In) Financing Activities ($ MM): |
Blackwater Midstream Corporation Increase/(Decrease) in Cash and Cash Equivalents ($ MM): |
Blackwater Midstream Corporation Cash and cash equivalents at the beginning of the year ($ MM): |
Blackwater Midstream Corporation Total Cash and cash equivalents at the end of the year ($ MM): |
Blackwater Midstream Corporation Cash Interest Expense ($): |
Blackwater Midstream Corporation Supplemental Accounts Payable ($ MM): |
Blackwater Midstream Corporation Stock Issued ($): |
Blackwater Midstream Corporation Supplemental Other Net ($ MM): |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Dec. 2008 | Completed | View1 | View | Acquisition Asset Sale | View |
| Details | Jun. 2012 | Completed | View | View | Acquisition Take Private | View |
| 1 | The transaction was completed using...Read More → |
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Public / Private History (PPH™)
| Date | Deal Type | Action | Resulting Status | Valuation | Amount Raised | Public Ticker | |
| Details | Jun. 2012 | View | View | View | View | View | View |
Supplemental Resources
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