IXOG (Index Oil & Gas) Net Income (Continuing Operations): $-9.38 Mil (TTM As of Mar. 2009)

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.

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

Index Oil & Gas IXOG -99.86% Net Income (Continuing Operations) is $-9.38 Mil as of Mar. 2009.

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. Index Oil & Gas's Net Income (Continuing Operations) for the three months ended in Mar. 2009 was $-1.25 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Mar. 2009 was $-9.38 Mil.


Index Oil & Gas  (OTCPK:IXOG) 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.


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


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

* Premium members only.

The historical data trend for Index 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.

Index Oil & Gas Net Income (Continuing Operations) Chart

Index Oil & Gas Annual Data
Trend Dec04 Dec05 Mar06 Mar07 Mar08 Mar09
Net Income (Continuing Operations)
Get a 7-Day Free Trial -0.42 -1.69 -2.23 -1.95 -9.38

Index Oil & Gas Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
Net Income (Continuing Operations) 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 -0.51 -0.41 -3.36 -4.35 -1.25

Index 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 Mar. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.38 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 $-9.38 Mil mean?
Index Oil & Gas (IXOG) has a Net Income (Continuing Operations) of $-9.38 Mil as of Mar. 2009. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Index Oil & Gas and its competitors.
Is Index Oil & Gas' Net Income (Continuing Operations) too high?
Index Oil & Gas' current Net Income (Continuing Operations) is $-9.38 Mil.
How does Index Oil & Gas' Net Income (Continuing Operations) compare to FPPP and UNGS?
Index Oil & Gas' Net Income (Continuing Operations) of $-9.38 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 Index Oil & Gas and its competitors. Index Oil & Gas's current Net Income (Continuing Operations) is $-9.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Index Oil & Gas stock overvalued right now?
Index Oil & Gas (IXOG) has a current Net Income (Continuing Operations) of $-9.38 Mil. The current Net Income (Continuing Operations) is $-9.38 Mil. 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 Index Oil & Gas (IXOG), the current Net Income (Continuing Operations) is $-9.38 Mil as of Mar. 2009. 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.

Index Oil & Gas Business Description

Industry EnergyOil & Gas
Address 10000 Memorial Drive, Suite 440, Houston, TX, USA, 77024
Index Oil & Gas Inc is an independent oil and natural gas company engaged in the acquisition, exploration, development, production and sale of oil and natural gas properties. It focuses on prolific petroleum system of the onshore Gulf Coast of Texas and Louisiana.