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Velocity Energy (Velocity Energy) Net Income From Continuing Operations : $-11.49 Mil (TTM As of Jun. 2009)


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What is Velocity Energy 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. Velocity Energy's net income from continuing operations for the three months ended in Jun. 2009 was $-2.17 Mil. Its net income from continuing operations for the trailing twelve months (TTM) ended in Jun. 2009 was $-11.49 Mil.

Velocity Energy Net Income From Continuing Operations Historical Data

The historical data trend for Velocity Energy'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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Velocity Energy Net Income From Continuing Operations Chart

Velocity Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08
Net Income From Continuing Operations
-0.40 -0.85 -0.58 -6.30

Velocity Energy Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
Net Income From Continuing Operations Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.07 -1.16 -3.83 -4.35 -2.17

Velocity Energy 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. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.49 Mil.

* 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.

Velocity Energy (Velocity Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Velocity Energy Inc. (OTCPK:VCYE) » Definitions » Net Income From Continuing Operations
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Traded in Other Exchanges
N/A
Address
523 North Sam Houston Parkway East, Suite 175, Houston, TX, USA, 77060
Website
http://www.velocity-energy.com
Velocity Energy Inc is an oil and gas exploration and production company. It is engaged in the acquisition, development, exploration and production of natural gas and oil.
Executives
Michael J Pawelek director, officer: President and CEO 300 EAST SONTERRA BLVD. STE 1220 SAN ANTONIO TX 78258
Peter Benz 10 percent owner 171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Longview Fund Lp 10 percent owner VIKING ASSET MANAGEMENT LLC, 66 BOVET ROAD, SUITE 320, SAN MATEO, CA 94402
Howard J Taylor director, 10 percent owner, officer: CEO STE. 194 48 PAR LA VILLE RD HAMILTON D0 HM11

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