Grand Gulf Energy Past Earnings Performance
Past criteria checks 0/6
Grand Gulf Energy's earnings have been declining at an average annual rate of -48.2%, while the Oil and Gas industry saw earnings growing at 36.1% annually. Revenues have been declining at an average rate of 26.7% per year.
Key information
-48.2%
Earnings growth rate
-43.5%
EPS growth rate
Oil and Gas Industry Growth | 32.6% |
Revenue growth rate | -26.7% |
Return on equity | -11.2% |
Net Margin | -575.0% |
Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How Grand Gulf Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
31 Dec 23 | 0 | -3 | 1 | 0 |
30 Sep 23 | 1 | -2 | 1 | 0 |
30 Jun 23 | 1 | -2 | 1 | 0 |
31 Mar 23 | 1 | -6 | 2 | 0 |
31 Dec 22 | 1 | -10 | 3 | 0 |
30 Sep 22 | 1 | -14 | 3 | 0 |
30 Jun 22 | 1 | -19 | 3 | 0 |
31 Mar 22 | 1 | -14 | 2 | 0 |
31 Dec 21 | 2 | -10 | 1 | 0 |
30 Sep 21 | 1 | -5 | 1 | 0 |
30 Jun 21 | 1 | 0 | 1 | 0 |
31 Mar 21 | 1 | 0 | 1 | 0 |
31 Dec 20 | 1 | 0 | 1 | 0 |
30 Sep 20 | 1 | 0 | 1 | 0 |
30 Jun 20 | 2 | 0 | 1 | 0 |
31 Mar 20 | 2 | 0 | 0 | 0 |
31 Dec 19 | 2 | 0 | 0 | 0 |
30 Sep 19 | 2 | 0 | 1 | 0 |
30 Jun 19 | 2 | 0 | 1 | 0 |
31 Mar 19 | 3 | 0 | 2 | 0 |
31 Dec 18 | 3 | 0 | 2 | 0 |
30 Sep 18 | 3 | 0 | 2 | 0 |
30 Jun 18 | 3 | -1 | 2 | 0 |
31 Mar 18 | 3 | -1 | 2 | 0 |
31 Dec 17 | 3 | -1 | 2 | 0 |
30 Sep 17 | 3 | -2 | 2 | 0 |
30 Jun 17 | 3 | -2 | 3 | 0 |
31 Mar 17 | 3 | -2 | 3 | 0 |
31 Dec 16 | 3 | -3 | 2 | 0 |
30 Sep 16 | 3 | -2 | 2 | 0 |
30 Jun 16 | 4 | -1 | 2 | 0 |
31 Mar 16 | 5 | -1 | 3 | 0 |
31 Dec 15 | 5 | -2 | 5 | 0 |
30 Sep 15 | 6 | -2 | 4 | 0 |
30 Jun 15 | 7 | -2 | 4 | 0 |
31 Mar 15 | 7 | -1 | 2 | 0 |
31 Dec 14 | 7 | 0 | 1 | 0 |
30 Sep 14 | 7 | 1 | 1 | 0 |
30 Jun 14 | 8 | 1 | 1 | 0 |
31 Mar 14 | 6 | 1 | 1 | 0 |
31 Dec 13 | 5 | 0 | 1 | 0 |
30 Sep 13 | 4 | -1 | 1 | 0 |
30 Jun 13 | 3 | -2 | 1 | 0 |
31 Mar 13 | 4 | -2 | 1 | 0 |
Quality Earnings: GGE is currently unprofitable.
Growing Profit Margin: GGE is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GGE is unprofitable, and losses have increased over the past 5 years at a rate of 48.2% per year.
Accelerating Growth: Unable to compare GGE's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GGE is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-49.3%).
Return on Equity
High ROE: GGE has a negative Return on Equity (-11.19%), as it is currently unprofitable.