Independent Petroleum Group K.S.C.P Past Earnings Performance
Past criteria checks 4/6
Independent Petroleum Group K.S.C.P has been growing earnings at an average annual rate of 3.5%, while the Oil and Gas industry saw earnings growing at 20.6% annually. Revenues have been growing at an average rate of 17.6% per year. Independent Petroleum Group K.S.C.P's return on equity is 8%, and it has net margins of 0.7%.
Key information
3.5%
Earnings growth rate
3.5%
EPS growth rate
| Oil and Gas Industry Growth | 27.8% |
| Revenue growth rate | 17.6% |
| Return on equity | 8.0% |
| Net Margin | 0.7% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Independent Petroleum Group K.S.C.P 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 |
|---|---|---|---|---|
| 30 Jun 24 | 1,246 | 8 | 8 | 0 |
| 31 Mar 24 | 1,164 | 8 | 8 | 0 |
| 31 Dec 23 | 1,068 | 8 | 8 | 0 |
| 30 Sep 23 | 1,007 | 7 | 8 | 0 |
| 30 Jun 23 | 1,231 | 8 | 8 | 0 |
| 31 Mar 23 | 1,512 | 8 | 8 | 0 |
| 31 Dec 22 | 1,646 | 8 | 8 | 0 |
| 30 Sep 22 | 1,621 | 7 | 8 | 0 |
| 30 Jun 22 | 1,325 | 5 | 8 | 0 |
| 31 Mar 22 | 1,096 | 5 | 8 | 0 |
| 31 Dec 21 | 1,001 | 7 | 8 | 0 |
| 30 Sep 21 | 909 | 7 | 8 | 0 |
| 30 Jun 21 | 814 | 7 | 8 | 0 |
| 31 Mar 21 | 649 | 7 | 8 | 0 |
| 31 Dec 20 | 516 | 7 | 7 | 0 |
| 30 Sep 20 | 499 | 7 | 7 | 0 |
| 30 Jun 20 | 541 | 7 | 7 | 0 |
| 31 Mar 20 | 649 | 7 | 7 | 0 |
| 31 Dec 19 | 658 | 7 | 6 | 0 |
| 30 Sep 19 | 692 | 6 | 6 | 0 |
| 30 Jun 19 | 720 | 7 | 6 | 0 |
| 31 Mar 19 | 760 | 6 | 6 | 0 |
| 31 Dec 18 | 756 | 6 | 7 | 0 |
| 30 Sep 18 | 706 | 7 | 6 | 0 |
| 30 Jun 18 | 652 | 7 | 6 | 0 |
| 31 Mar 18 | 555 | 7 | 6 | 0 |
| 31 Dec 17 | 538 | 6 | 6 | 0 |
| 30 Sep 17 | 524 | 6 | 6 | 0 |
| 30 Jun 17 | 513 | 6 | 6 | 0 |
| 31 Mar 17 | 515 | 6 | 6 | 0 |
| 31 Dec 16 | 508 | 5 | 6 | 0 |
| 30 Sep 16 | 535 | 6 | 6 | 0 |
| 30 Jun 16 | 544 | 5 | 5 | 0 |
| 31 Mar 16 | 596 | 4 | 5 | 0 |
| 31 Dec 15 | 582 | 4 | 5 | 0 |
| 30 Sep 15 | 598 | 2 | 5 | 0 |
| 30 Jun 15 | 697 | 2 | 5 | 0 |
| 31 Mar 15 | 744 | 3 | 5 | 0 |
| 31 Dec 14 | 899 | 4 | 5 | 0 |
| 30 Sep 14 | 979 | 5 | 5 | 0 |
| 30 Jun 14 | 1,051 | 6 | 5 | 0 |
| 31 Mar 14 | 1,172 | 6 | 5 | 0 |
| 31 Dec 13 | 1,251 | 6 | 6 | 0 |
| 30 Sep 13 | 1,230 | 5 | 5 | 0 |
Quality Earnings: IPG has a large one-off gain of KWD6.9M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: IPG's current net profit margins (0.7%) are higher than last year (0.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IPG's earnings have grown by 3.5% per year over the past 5 years.
Accelerating Growth: IPG's earnings growth over the past year (5.5%) exceeds its 5-year average (3.5% per year).
Earnings vs Industry: IPG earnings growth over the past year (5.5%) exceeded the Oil and Gas industry -3.8%.
Return on Equity
High ROE: IPG's Return on Equity (8%) is considered low.