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PetroGas Co (PetroGas Co) Owner Earnings per Share (TTM) : 0.00 (As of Mar. 2023)


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What is PetroGas Co Owner Earnings per Share (TTM)?

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

PetroGas Co does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for PetroGas Co's Owner Earnings per Share (TTM) or its related term are showing as below:



PTCO's Price-to-Owner-Earnings is not ranked *
in the Oil & Gas industry.
Industry Median: 9.08
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

PetroGas Co's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $-0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.01. It's PE Ratio ratio for today is At Loss.

PetroGas Co's EPS without NRI for the three months ended in Dec. 2023 was $-0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.01. It's PE Ratio without NRI ratio for today is At Loss.


PetroGas Co Owner Earnings per Share (TTM) Historical Data

The historical data trend for PetroGas Co's Owner Earnings per Share (TTM) 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.

* Premium members only.

PetroGas Co Owner Earnings per Share (TTM) Chart

PetroGas Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -45.38 -4.84 -1.85 - -

PetroGas Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Owner Earnings per Share (TTM) 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of PetroGas Co's Owner Earnings per Share (TTM)

For the Oil & Gas E&P subindustry, PetroGas Co's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PetroGas Co's Price-to-Owner-Earnings Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PetroGas Co's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where PetroGas Co's Price-to-Owner-Earnings falls into.



PetroGas Co Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

PetroGas Co does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


PetroGas Co Owner Earnings per Share (TTM) Related Terms

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PetroGas Co (PetroGas Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroGas Co (OTCPK:PTCO) » Definitions » Owner Earnings per Share (TTM)
Traded in Other Exchanges
N/A
Address
2800 Post Oak Boulevard, Suite 4100, Houston, TX, USA, 77056
PetroGas Co is an oil and gas exploration and production company. It is focused on the acquisition of properties in areas with significant oil reserves and drilling potential.
Executives
Mark Corrao officer: CFO 531 AIRPORT NORTH OFFICE PARK, FORT WAYNE IN 46825
Robert Wiener director 2537 S. GESSNER, #201, HOUSTON TX 77063
Joe Madison Seabourn director 2925 ROBERTSON DR., ABILENE TX 79606
Huang Yu director, officer: President, Secretary, Treasure GAO XIN KAI FA QU GAO XIN SI LU ZHONG, JIAN SAN JU RONG HE TIAN YU XIANG MU BU, LIU ZHOU, GUANG XI F4 00000
Xiang Wu Zheng 10 percent owner HOA SI SHA JING LU 1 HAO 51 HU LONG TIAN, ZHENG, CHAO NAN QU, SHAN TOU, HUANG DONG F4 00000

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