Oil Search (Oil Search) Other Income (Minority Interest) : $0 Mil (TTM As of Jun. 2021)

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What is Oil Search Other Income (Minority Interest)?

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary. Oil Search's Other Income (Minority Interest) for the six months ended in Jun. 2021 was $0 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Jun. 2021 was $0 Mil.

Oil Search Other Income (Minority Interest) Historical Data

The historical data trend for Oil Search's Other Income (Minority Interest) 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 Other Income (Minority Interest) Chart

Oil Search Annual Data

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Other Income (Minority Interest)

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Oil Search Semi-Annual Data
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Oil Search Other Income (Minority Interest) Calculation

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary.

Other Income (Minority Interest) 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 $0 Mil.

Oil Search (OTCPK:OISHY) Other Income (Minority Interest) Explanation

Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company. It is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Oil Search (Oil Search) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil Search Ltd (OTCPK:OISHY) » Definitions » Other Income (Minority Interest)

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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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