FOMI (Formation Minerals) General and Admin. Expense: $2.27 Mil (TTM As of Jan. 2025)


What is Formation Minerals General and Admin. Expense?

Formation Minerals FOMI General and Admin. Expense is $2.27 Mil as of Jan. 2025.

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. Formation Minerals's General and Admin. Expense for the three months ended in Jan. 2025 was $0.42 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Jan. 2025 was $2.27 Mil.

Formation Minerals General and Admin. Expense Related Terms

Formation Minerals General and Admin. Expense Historical Data

* Premium members only.

The historical data trend for Formation Minerals's General and Admin. Expense 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.

Formation Minerals General and Admin. Expense Chart

Formation Minerals Annual Data
Trend Apr21 Apr22 Apr23 Apr24
General and Admin. Expense
0.76 0.88 0.62 1.15

Formation Minerals Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
General and Admin. Expense 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 0.42 0.10 0.71 1.05 0.42

Formation Minerals General and Admin. Expense Calculation

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company.

General and Admin. Expense for the trailing twelve months (TTM) ended in Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.27 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.

What does a General and Admin. Expense of $2.27 Mil mean?
Formation Minerals (FOMI) has a General and Admin. Expense of $2.27 Mil as of Jan. 2025. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Formation Minerals and its competitors.
Is Formation Minerals' General and Admin. Expense too high?
Formation Minerals' current General and Admin. Expense is $2.27 Mil.
How does Formation Minerals' General and Admin. Expense compare to AVACF and COP?
Formation Minerals' General and Admin. Expense of $2.27 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good General and Admin. Expense for an Oil & Gas company?
A good General and Admin. Expense depends on the Oil & Gas industry context. However, General and Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high General and Admin. Expense mean?
A high General and Admin. Expense can signal that a stock is expensive relative to its fundamentals. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on Formation Minerals and its competitors. Formation Minerals's current General and Admin. Expense is $2.27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formation Minerals stock overvalued right now?
Formation Minerals (FOMI) has a current General and Admin. Expense of $2.27 Mil. The current General and Admin. Expense is $2.27 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is General and Admin. Expense calculated?
General and Admin. Expense is calculated from a company's financial statements. For Formation Minerals (FOMI), the current General and Admin. Expense is $2.27 Mil as of Jan. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Formation Minerals Business Description

Industry EnergyOil & Gas
Address P.O. Box 67, Jacksboro, TX, USA, 76458
Formation Minerals Inc is engaged in the acquisition and management of high-growth oil and gas minerals and royalties in the U.S. basins. The company is focused on providing returns through asset growth generated by acquisitions and organic growth of properties. Its portfolio includes the DJ Basin of Colorado and Wyoming, the Haynesville Shale of Louisiana, the Delaware and Permian Basin of Texas, the Marcellus and Utica shales in West Virginia, and the Anadarko Basin in Oklahoma.