Petrolia Energy Past Earnings Performance
Past criteria checks 0/6
Petrolia Energy has been growing earnings at an average annual rate of 56.8%, while the Oil and Gas industry saw earnings growing at 37% annually. Revenues have been growing at an average rate of 28.2% per year.
Key information
56.8%
Earnings growth rate
56.1%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 28.2% |
| Return on equity | n/a |
| Net Margin | -44.7% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Petrolia Energy 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 Sep 23 | 4 | -2 | 1 | 0 |
| 30 Jun 23 | 6 | -2 | 1 | 0 |
| 31 Mar 23 | 6 | -2 | 1 | 0 |
| 31 Dec 22 | 7 | -2 | 1 | 0 |
| 30 Sep 22 | 7 | 2 | 1 | 0 |
| 30 Jun 22 | 7 | 2 | 1 | 0 |
| 31 Mar 22 | 7 | 2 | 1 | 0 |
| 31 Dec 21 | 6 | 2 | 1 | 0 |
| 30 Sep 21 | 5 | -5 | 1 | 0 |
| 30 Jun 21 | 4 | -10 | 1 | 0 |
| 31 Mar 21 | 3 | -10 | 1 | 0 |
| 31 Dec 20 | 3 | -10 | 1 | 0 |
| 30 Sep 20 | 2 | -8 | 1 | 0 |
| 30 Jun 20 | 2 | -4 | 1 | 0 |
| 31 Mar 20 | 3 | -4 | 1 | 0 |
| 31 Dec 19 | 3 | -3 | 1 | 0 |
| 30 Sep 19 | 3 | -4 | 2 | 0 |
| 30 Jun 19 | 3 | -2 | 2 | 0 |
| 31 Mar 19 | 2 | -9 | 3 | 0 |
| 31 Dec 18 | 1 | -38 | 5 | 0 |
| 30 Sep 18 | 1 | -37 | 4 | 0 |
| 30 Jun 18 | 0 | -38 | 5 | 0 |
| 31 Mar 18 | 0 | -32 | 4 | 0 |
| 31 Dec 17 | 0 | -3 | 3 | 0 |
| 30 Sep 17 | 0 | -3 | 2 | 0 |
| 30 Jun 17 | 0 | -3 | 2 | 0 |
| 31 Mar 17 | 0 | -2 | 1 | 0 |
| 31 Dec 16 | 0 | -2 | 1 | 0 |
| 30 Sep 16 | 0 | -2 | 1 | 0 |
| 30 Jun 16 | 0 | -1 | 1 | 0 |
| 31 Mar 16 | 0 | -2 | 1 | 0 |
| 31 Dec 15 | 0 | -2 | 1 | 0 |
| 30 Sep 15 | 0 | -2 | 1 | 0 |
| 30 Jun 15 | 0 | -2 | 1 | 0 |
| 31 Mar 15 | 1 | -1 | 1 | 0 |
| 31 Dec 14 | 1 | -2 | 2 | 0 |
| 30 Sep 14 | 1 | -2 | 2 | 0 |
| 30 Jun 14 | 1 | -2 | 2 | 0 |
| 31 Mar 14 | 0 | -1 | 1 | 0 |
| 31 Dec 13 | 0 | -1 | 1 | 0 |
| 30 Sep 13 | 0 | -1 | 1 | 0 |
| 30 Jun 13 | 0 | -1 | 1 | 0 |
Quality Earnings: BBLS is currently unprofitable.
Growing Profit Margin: BBLS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BBLS is unprofitable, but has reduced losses over the past 5 years at a rate of 56.8% per year.
Accelerating Growth: Unable to compare BBLS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: BBLS is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-22.4%).
Return on Equity
High ROE: BBLS's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.