OQ Gas Networks SAOC Past Earnings Performance
Past criteria checks 2/6
OQ Gas Networks SAOC has been growing earnings at an average annual rate of 0.1%, while the Oil and Gas industry saw earnings growing at 22.3% annually. Revenues have been growing at an average rate of 14.6% per year. OQ Gas Networks SAOC's return on equity is 8.6%, and it has net margins of 34.3%.
Key information
0.1%
Earnings growth rate
1.3%
EPS growth rate
| Oil and Gas Industry Growth | -14.7% |
| Revenue growth rate | 14.6% |
| Return on equity | 8.6% |
| Net Margin | 34.3% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How OQ Gas Networks SAOC 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 | 162 | 56 | 12 | 0 |
| 30 Sep 23 | 89 | 56 | 19 | 0 |
| 31 Dec 22 | 150 | 46 | 8 | 0 |
| 31 Dec 21 | 85 | 43 | 16 | 0 |
| 31 Dec 20 | 91 | 59 | 10 | 0 |
Quality Earnings: OQGN has a large one-off gain of OMR10.5M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: OQGN's current net profit margins (34.3%) are higher than last year (30.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if OQGN's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare OQGN's past year earnings growth to its 5-year average.
Earnings vs Industry: OQGN earnings growth over the past year (21.7%) exceeded the Oil and Gas industry -9.9%.
Return on Equity
High ROE: OQGN's Return on Equity (8.6%) is considered low.