Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Addition of cyber attacks affecting distribution systems maintained by third parties, increasing operational risk.
  • Mention of a 2023 borrowing base increase from $60 million to $85 million.
  • Inclusion of a final rule to reduce methane emissions, impacting operations and costs.
  • Introduction of NSPS Subpart OOOOb and OOOOc to reduce emissions, affecting operations.
  • Potential 1% tax on stock repurchases exceeding $1 million, impacting financials.
  • Discussion of potential tax law changes affecting effective tax rates and deductions.
  • Inclusion of stricter environmental laws and regulations, increasing compliance costs.

Full Text Changes in Most Recent 10-K

Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.

To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=56868&owner=exclude

Click here to download the PDF

This content requires a 'Free' membership to view. Please create one here.
This content requires a 'Free' membership to view. Please create one here.