Oil Search (Oil Search) Net Income From Continuing Operations : $85 Mil (TTM As of Jun. 2021)

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What is Oil Search Net Income From Continuing Operations?

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. Oil Search's net income from continuing operations for the six months ended in Jun. 2021 was $139 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Jun. 2021 was $85 Mil.

Oil Search Net Income From Continuing Operations Historical Data

The historical data trend for Oil Search's Net Income From Continuing Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Oil Search Net Income From Continuing Operations Chart

Oil Search Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Net Income From Continuing Operations

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89.80

302.09

341.20

312.42

-320.66

Oil Search Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Net Income From Continuing Operations	Get a 7-Day Free Trial															161.93	150.49	-266.18	-54.48	138.98

Oil Search Net Income From Continuing Operations Calculation

Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Net Income From Continuing Operations for the trailing twelve months (TTM) ended in Jun. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $85 Mil.

Oil Search (Oil Search) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil Search Ltd (OTCPK:OISHF) » Definitions » Net Income From Continuing Operations

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Address

Ground Floor, Harbourside East Building, Stanley Esplanade, PO Box 842, National Capital District, Port Moresby, PNG, NCD 121

Website

http://www.oilsearch.com

Oil Search was founded in 1929 and operates all of Papua New Guinea's oilfields. The PNG government holds a 10% interest. Oil Search had successfully run PNG oilfields since assuming operatorship from ExxonMobil in 2003. However, the tyranny of distance saw the large and high-quality gas fields largely stranded until 2014. The PNG LNG project is the first step to monetise those vast gas resources, again under the direction of ExxonMobil. First-stage construction is complete, with potential for expansion from two trains to five.

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