Omega Oil & Gas Past Earnings Performance
Past criteria checks 0/6
Omega Oil & Gas's earnings have been declining at an average annual rate of -62.1%, while the Oil and Gas industry saw earnings growing at 34.7% annually. Revenues have been declining at an average rate of 31.8% per year.
Key information
-62.1%
Earnings growth rate
51.7%
EPS growth rate
| Oil and Gas Industry Growth | 32.6% |
| Revenue growth rate | -31.8% |
| Return on equity | -12.5% |
| Net Margin | -15,473.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Revenue & Expenses Breakdown
How Omega Oil & Gas 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 | -5 | 3 | 0 |
| 30 Sep 23 | 0 | -5 | 3 | 0 |
| 30 Jun 23 | 0 | -5 | 3 | 0 |
| 31 Mar 23 | 0 | -4 | 3 | 0 |
| 31 Dec 22 | 0 | -3 | 3 | 0 |
| 30 Sep 22 | 0 | -3 | 2 | 0 |
| 30 Jun 22 | 0 | -2 | 2 | 0 |
Quality Earnings: OMA is currently unprofitable.
Growing Profit Margin: OMA is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if OMA's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare OMA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OMA is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-17%).
Return on Equity
High ROE: OMA has a negative Return on Equity (-12.48%), as it is currently unprofitable.