Evolve Transition Infrastructure Past Earnings Performance

Past criteria checks 0/6

Evolve Transition Infrastructure's earnings have been declining at an average annual rate of -28.4%, while the Oil and Gas industry saw earnings growing at 34.6% annually. Revenues have been declining at an average rate of 20.8% per year.

Key information

-28.4%

Earnings growth rate

-0.4%

EPS growth rate

Oil and Gas Industry Growth	33.7%
Revenue growth rate	-20.8%
Return on equity	n/a
Net Margin	-249.8%
Last Earnings Update	30 Sep 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Evolve Transition Infrastructure makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSEAM:SNMP Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 23	25	-63	5
30 Jun 23	26	-59	4
31 Mar 23	27	-66	8
31 Dec 22	36	-53	6
30 Sep 22	46	-105	3
30 Jun 22	55	-118	5
31 Mar 22	57	-130	6
31 Dec 21	51	-155	11
30 Sep 21	45	-122	23
30 Jun 21	39	-119	22
31 Mar 21	41	-111	24
31 Dec 20	45	-99	21
30 Sep 20	52	-117	18
30 Jun 20	62	1	19
31 Mar 20	72	15	18
31 Dec 19	76	28	19
30 Sep 19	89	82	20
30 Jun 19	87	-20	20
31 Mar 19	82	-26	24
31 Dec 18	83	-24	26
30 Sep 18	71	-39	27
30 Jun 18	72	-35	28
31 Mar 18	80	-31	26
31 Dec 17	87	-41	26
30 Sep 17	83	-58	26
30 Jun 17	85	-43	26
31 Mar 17	72	-51	25
31 Dec 16	70	-44	25
30 Sep 16	80	-79	24
30 Jun 16	86	-82	25
31 Mar 16	78	-76	23
31 Dec 15	67	-154	26
30 Sep 15	72	-81	24
30 Jun 15	68	-82	21
31 Mar 15	75	-77	22
31 Dec 14	74	10	16
30 Sep 14	53	-15	18
30 Jun 14	44	-24	17
31 Mar 14	48	-18	15
31 Dec 13	41	-26	16
30 Sep 13	44	-15	15
30 Jun 13	35	-22	16
31 Mar 13	29	-27	16

Quality Earnings: SNMP is currently unprofitable.

Growing Profit Margin: SNMP is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SNMP is unprofitable, and losses have increased over the past 5 years at a rate of 28.4% per year.

Accelerating Growth: Unable to compare SNMP's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SNMP is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-11.3%).

Return on Equity

High ROE: SNMP's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.

Evolve Transition Infrastructure Past Earnings Performance

Past criteria checks 0/6

Key information

Recent past performance updates

First quarter 2023 earnings released: US$0.10 loss per share (vs US$0.084 loss in 1Q 2022)

Full year 2022 earnings released: US$0.35 loss per share (vs US$2.05 loss in FY 2021)

Second quarter 2022 earnings released: US$0.12 loss per share (vs US$0.42 loss in 2Q 2021)

First quarter 2022 earnings released: US$0.084 loss per share (vs US$0.91 loss in 1Q 2021)

Full year 2021 earnings released: US$2.05 loss per share (vs US$5.94 loss in FY 2020)

Third quarter 2021 earnings released: US$0.34 loss per share (vs US$1.28 loss in 3Q 2020)

Recent updates

Evolve Transition Infrastructure Files Form 15

Evolve Transition Infrastructure Intends to Withdraw Voluntarily its Common Units from Listing on the New York Stock Exchange

Evolve Transition Announces NYSE American Removal of Trading Suspension

Evolve Transition Infrastructure Receives Notice from NYSE Office of General Counsel Confirming A Listing Qualifications Panel of the Committee for Review

Evolve Transition Infrastructure Submits Formal Written Notice Exercising Its Right to A Review of NYSE Regulation’s Delisting Determination

New major risk - Market cap size

NYSE American to Commence Delisting Proceedings against Evolve Transition Infrastructure

First quarter 2023 earnings released: US$0.10 loss per share (vs US$0.084 loss in 1Q 2022)

Full year 2022 earnings released: US$0.35 loss per share (vs US$2.05 loss in FY 2021)

Evolve Transition Infrastructure Receives Notice from NYSE American Regarding Continued Listing Standard

Evolve Transition Infrastructure Receives Notice from NYSE American Regarding Continued Listing Standard

Less than half of directors are independent

Evolve Transition Infrastructure LP(NYSEAM:SNMP) dropped from Alerian MLP Index

Second quarter 2022 earnings released: US$0.12 loss per share (vs US$0.42 loss in 2Q 2021)

Evolve Transition Infrastructure Announces Court Approval of Mesquite Settlement Agreement

First quarter 2022 earnings released: US$0.084 loss per share (vs US$0.91 loss in 1Q 2021)

Less than half of directors are independent

Full year 2021 earnings released: US$2.05 loss per share (vs US$5.94 loss in FY 2020)

CEO & Director of Evolve Transition Infrastructure GP LLC Gerald Willinger has left the company

Third quarter 2021 earnings released: US$0.34 loss per share (vs US$1.28 loss in 3Q 2020)

Second quarter 2021 earnings released: US$0.42 loss per share (vs US$1.18 loss in 2Q 2020)

First quarter 2021 earnings released: US$0.89 loss per share (vs US$2.18 loss in 1Q 2020)

Independent Director of Sanchez Midstream Partners GP LLC has left the company

Full year 2020 earnings released: US$5.94 loss per share (vs US$1.46 profit in FY 2019)

Antonio R. Sanchez, III Resigns as Member of the Board of Sanchez Midstream Partners LP

Director of Sanchez Midstream Partners GP LLC has left the company

New 90-day high: US$1.70

New 90-day high: US$1.38

New 90-day high: US$0.93

Third quarter 2020 earnings released: US$1.28 loss per share

New 90-day high: US$0.72

New 90-day low: US$0.28

New 90-day low - US$0.29

NYSE American Approves SNMP’s Plan to Regain Compliance

Revenue & Expenses BreakdownBeta

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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