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 0.8%, while the Oil and Gas industry saw earnings growing at 0.8% annually. Revenues have been growing at an average rate of 51.6% per year. OQ Gas Networks SAOC's return on equity is 8.1%, and it has net margins of 30.1%.
Key information
0.8%
Earnings growth rate
1.1%
EPS growth rate
| Oil and Gas Industry Growth | -14.7% |
| Revenue growth rate | 51.6% |
| Return on equity | 8.1% |
| Net Margin | 30.1% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
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 |
|---|---|---|---|---|
| 30 Jun 24 | 166 | 50 | 12 | 0 |
| 31 Mar 24 | 164 | 58 | 12 | 0 |
| 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 high quality earnings.
Growing Profit Margin: OQGN's current net profit margins (30.1%) are lower than last year (47.8%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: OQGN's earnings have grown by 0.8% per year over the past 5 years.
Accelerating Growth: OQGN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: OQGN had negative earnings growth (-4.4%) over the past year, making it difficult to compare to the Oil and Gas industry average (-3.8%).
Return on Equity
High ROE: OQGN's Return on Equity (8.1%) is considered low.