Mustang Energy Past Earnings Performance
Past criteria checks 3/6
Mustang Energy has been growing earnings at an average annual rate of 27.3%, while the Oil and Gas industry saw earnings growing at 39.4% annually. Revenues have been declining at an average rate of 98.6% per year.
Key information
27.3%
Earnings growth rate
66.8%
EPS growth rate
Oil and Gas Industry Growth | 42.1% |
Revenue growth rate | -98.6% |
Return on equity | 56.9% |
Net Margin | n/a |
Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses Breakdown
How Mustang 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 Mar 24 | 0 | 1 | 1 | 0 |
31 Dec 23 | 0 | 1 | 1 | 0 |
30 Sep 23 | 0 | -1 | 1 | 0 |
30 Jun 23 | 0 | -1 | 0 | 0 |
31 Mar 23 | 0 | -1 | 0 | 0 |
31 Dec 22 | 0 | -1 | 0 | 0 |
30 Sep 22 | 0 | -1 | 0 | 0 |
30 Jun 22 | 0 | 0 | 0 | 0 |
31 Mar 22 | 0 | 0 | 0 | 0 |
31 Dec 21 | 0 | 0 | 0 | 0 |
30 Sep 21 | 0 | 0 | 0 | 0 |
30 Jun 21 | 0 | 0 | 0 | 0 |
31 Mar 21 | 0 | 0 | 0 | 0 |
31 Dec 20 | 0 | 0 | 0 | 0 |
30 Sep 20 | 0 | 0 | 0 | 0 |
30 Jun 20 | 0 | 0 | 0 | 0 |
31 Mar 20 | 0 | 0 | 0 | 0 |
31 Dec 19 | 0 | 0 | 0 | 0 |
30 Sep 19 | 0 | -1 | 1 | 0 |
30 Jun 19 | 0 | -1 | 1 | 0 |
31 Mar 19 | 0 | -1 | 1 | 0 |
31 Dec 18 | 0 | -1 | 1 | 0 |
30 Sep 18 | 0 | -1 | 1 | 0 |
30 Jun 18 | 0 | -1 | 1 | 0 |
31 Mar 18 | 0 | -1 | 1 | 0 |
31 Dec 17 | 0 | -1 | 1 | 0 |
30 Sep 17 | 0 | -1 | 1 | 0 |
30 Jun 17 | 0 | -1 | 1 | 0 |
31 Mar 17 | 0 | -1 | 1 | 0 |
31 Dec 16 | 0 | -1 | 1 | 0 |
31 Dec 15 | 0 | 0 | 0 | 0 |
Quality Earnings: MEC has a high level of non-cash earnings.
Growing Profit Margin: MEC became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MEC has become profitable over the past 5 years, growing earnings by 27.3% per year.
Accelerating Growth: MEC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: MEC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-42.4%).
Return on Equity
High ROE: MEC's Return on Equity (56.9%) is considered outstanding.