Omega Oil & Gas (ASX:OMA) Net Income (Continuing Operations): A$-7.19 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:OMA Omega Oil & Gas Ltd ASX:OMA
33 GF Score
Price A$0.81
! 4 Warning Signs
View Full Analysis

What is Omega Oil & Gas Net Income (Continuing Operations)?

Omega Oil & Gas ASX:OMA +1.26% 33 Net Income (Continuing Operations) is A$-7.19 Mil as of Jun. 2026. GuruFocus rates ASX:OMA with a GF Score™ of 33/100. The stock has 4 warning signs investors should review.

Net Income (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. Omega Oil & Gas's Net Income (Continuing Operations) for the six months ended in Jun. 2026 was A$-4.12 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Jun. 2026 was A$-7.19 Mil.

Omega Oil & Gas  (ASX:OMA) Net Income (Continuing Operations) Explanation

Net Income (Continuing Operations) excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Omega Oil & Gas Net Income (Continuing Operations) Related Terms

Omega Oil & Gas Net Income (Continuing Operations) Historical Data

* Premium members only.

The historical data trend for Omega Oil & Gas's Net Income (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.

Omega Oil & Gas Net Income (Continuing Operations) Chart

Omega Oil & Gas Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Net Income (Continuing Operations)
Get a 7-Day Free Trial -2.01 -5.34 -2.22 -3.86 -7.19

Omega Oil & Gas Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Net Income (Continuing Operations) Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.73 -1.15 -2.71 -3.06 -4.12
ASX:OMA
33GF Score
Omega Oil & Gas Ltd ASX:OMA
Net Income (Continuing Operations) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Omega Oil & Gas Net Income (Continuing Operations) Calculation

Net Income (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.

Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-7.19 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 Net Income (Continuing Operations) of A$-7.19 Mil mean?
Omega Oil & Gas (ASX:OMA) has a Net Income (Continuing Operations) of A$-7.19 Mil as of Jun. 2026. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Omega Oil & Gas and its competitors.
Is Omega Oil & Gas' Net Income (Continuing Operations) too high?
Omega Oil & Gas' current Net Income (Continuing Operations) is A$-7.19 Mil. Overall, Omega Oil & Gas has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Omega Oil & Gas' Net Income (Continuing Operations) compare to COP and EOG?
Omega Oil & Gas' Net Income (Continuing Operations) of A$-7.19 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 Net Income (Continuing Operations) for an Oil & Gas company?
A good Net Income (Continuing Operations) depends on the Oil & Gas industry context. However, Net Income (Continuing Operations) 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 Net Income (Continuing Operations) mean?
A high Net Income (Continuing Operations) can signal that a stock is expensive relative to its fundamentals. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Omega Oil & Gas and its competitors. Omega Oil & Gas's current Net Income (Continuing Operations) is A$-7.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omega Oil & Gas stock overvalued right now?
Omega Oil & Gas (ASX:OMA) has a current Net Income (Continuing Operations) of A$-7.19 Mil. The current Net Income (Continuing Operations) is A$-7.19 Mil. Omega Oil & Gas' overall GF Score™ is 33/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income (Continuing Operations) calculated?
Net Income (Continuing Operations) is calculated from a company's financial statements. For Omega Oil & Gas (ASX:OMA), the current Net Income (Continuing Operations) is A$-7.19 Mil as of Jun. 2026. 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.

Omega Oil & Gas Business Description

Industry EnergyOil & Gas
Other Exchanges EN0:Germany
Address 243 Edward Street, Level 3A, Brisbane, QLD, AUS, 4000
Omega Oil & Gas Ltd is an Australian exploration company unlocking oil and gas resources in Queensland's Taroom Trough, an emerging energy frontier. The company is advancing the Canyon Project within this under-explored region of the south Bowen Basin. Appraisal activities include drilling and fracture stimulation of the Canyon-1H well, and data acquisition at Canyon-2 confirming an extensive petroleum system. The company holds 100% interest in Authority to Prospect 2037 and 2038 located west of Tara. It is also conducting a strategic review of the Bennett Oil project in Petroleum Lease 17 near the Surat Basin and engaging with potential farm-in partners.
33GF Score

Get the complete analysis for ASX:OMA

Net Income (Continuing Operations) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.81
Price