Arrow Exploration Past Earnings Performance
Past criteria checks 0/6
Arrow Exploration has been growing earnings at an average annual rate of 42%, while the Oil and Gas industry saw earnings growing at 39.4% annually. Revenues have been growing at an average rate of 21.4% per year.
Key information
42.0%
Earnings growth rate
37.3%
EPS growth rate
| Oil and Gas Industry Growth | 42.1% |
| Revenue growth rate | 21.4% |
| Return on equity | -2.7% |
| Net Margin | -2.5% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
We Ran A Stock Scan For Earnings Growth And Arrow Exploration (CVE:AXL) Passed With Ease
Mar 29
Investors Aren't Buying Arrow Exploration Corp.'s (CVE:AXL) Earnings
Feb 22Potential Upside For Arrow Exploration Corp. (CVE:AXL) Not Without Risk
Jun 14Here's Why Arrow Exploration (CVE:AXL) Has A Meaningful Debt Burden
Nov 02Shareholders Shouldn’t Be Too Comfortable With Arrow Exploration's (CVE:AXL) Strong Earnings
Sep 07We Think Arrow Exploration (CVE:AXL) Is Taking Some Risk With Its Debt
Aug 01Here's Why Arrow Exploration (CVE:AXL) Can Afford Some Debt
Mar 09Here's Why Arrow Exploration (CVE:AXL) Can Afford Some Debt
Nov 19Is Arrow Exploration (CVE:AXL) Using Too Much Debt?
Mar 09Revenue & Expenses BreakdownBeta
How Arrow Exploration 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 | 45 | -1 | 11 | 0 |
| 30 Sep 23 | 40 | 12 | 9 | 0 |
| 30 Jun 23 | 34 | 7 | 10 | 0 |
| 31 Mar 23 | 29 | 9 | 8 | 0 |
| 31 Dec 22 | 25 | 0 | 7 | 0 |
| 30 Sep 22 | 19 | 4 | 7 | 0 |
| 30 Jun 22 | 13 | 2 | 6 | 0 |
| 31 Mar 22 | 9 | 1 | 5 | 0 |
| 31 Dec 21 | 7 | 6 | 5 | 0 |
| 30 Sep 21 | 4 | -9 | 5 | 0 |
| 30 Jun 21 | 2 | -11 | 5 | 0 |
| 31 Mar 21 | 2 | -7 | 5 | 0 |
| 31 Dec 20 | 5 | -32 | 5 | 0 |
| 30 Sep 20 | 11 | -26 | 6 | 0 |
| 30 Jun 20 | 17 | -26 | 6 | 0 |
| 31 Mar 20 | 23 | -30 | 8 | 0 |
| 31 Dec 19 | 25 | -6 | 8 | 0 |
| 30 Sep 19 | 26 | -3 | 9 | 0 |
| 30 Jun 19 | 20 | -3 | 7 | 0 |
| 31 Mar 19 | 12 | -2 | 5 | 0 |
| 31 Dec 18 | 6 | -1 | 4 | 0 |
| 30 Sep 18 | 0 | -2 | 1 | 0 |
| 30 Jun 18 | 0 | -1 | 1 | 0 |
| 31 Mar 18 | 0 | 0 | 0 | 0 |
Quality Earnings: AXL is currently unprofitable.
Growing Profit Margin: AXL is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AXL is unprofitable, but has reduced losses over the past 5 years at a rate of 42% per year.
Accelerating Growth: Unable to compare AXL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AXL is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-35.3%).
Return on Equity
High ROE: AXL has a negative Return on Equity (-2.67%), as it is currently unprofitable.