Titan Oil & Gas (Titan Oil & Gas) Pre-Tax Income : $-0.06 Mil (TTM As of May. 2013)

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What is Titan Oil & Gas Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Titan Oil & Gas's pretax income for the three months ended in May. 2013 was $-0.01 Mil. Its pretax income for the trailing twelve months (TTM) ended in May. 2013 was $-0.06 Mil. Titan Oil & Gas's pretax margin was -83.33%.

Titan Oil & Gas Pre-Tax Income Historical Data

The historical data trend for Titan Oil & Gas's Pre-Tax Income 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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Titan Oil & Gas Pre-Tax Income Chart

Titan Oil & Gas Annual Data

Trend

Aug09

Aug10

Aug11

Aug12

Pre-Tax Income

-0.02

Titan Oil & Gas Quarterly Data
	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13
Pre-Tax Income	Get a 7-Day Free Trial														-0.02	-	-	-0.05	-0.01

Competitive Comparison of Titan Oil & Gas's Pre-Tax Income

For the Oil & Gas E&P subindustry, Titan Oil & Gas's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.

Titan Oil & Gas's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Titan Oil & Gas's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Titan Oil & Gas's Pre-Tax Income falls into.

Titan Oil & Gas Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Titan Oil & Gas's Pretax Income for the fiscal year that ended in Aug. 2012 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-0.116	+	-0.13	+	0	+	0	+	0.246
	=	0.00

Titan Oil & Gas's Pretax Income for the quarter that ended in May. 2013 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	-0.01	+	0	+	0	+	0	+	0
	=	-0.01

Pre-Tax Income for the trailing twelve months (TTM) ended in May. 2013 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.06 Mil.

Titan Oil & Gas (GREY:TNGS) Pre-Tax Income Explanation

Titan Oil & Gas's Pretax Margin for the quarter that ended in May. 2013 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	-0.01	/	0.012
	=	-83.33%

Titan Oil & Gas Pre-Tax Income Related Terms

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Titan Oil & Gas (Titan Oil & Gas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Titan Oil & Gas Inc (GREY:TNGS) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

7251 West Lake Mead Boulevard, Suite 300, Las Vegas, NV, USA, 89128

Website

http://www.titanoilgas.com

Titan Oil & Gas Inc is an is an exploration stage company. It is engaged in the acquisition, exploration and development of oil and gas properties.

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