LOGL (Legend Oil & Gas) Net Income (Continuing Operations): $-5.93 Mil (TTM As of Dec. 2016)

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

Legend Oil & Gas LOGL -90.00% Net Income (Continuing Operations) is $-5.93 Mil as of Dec. 2016.

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. Legend Oil & Gas's Net Income (Continuing Operations) for the three months ended in Dec. 2016 was $-1.59 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Dec. 2016 was $-5.93 Mil.

Legend Oil & Gas  (OTCPK:LOGL) 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.

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

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

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The historical data trend for Legend 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.

Legend Oil & Gas Net Income (Continuing Operations) Chart

Legend Oil & Gas Annual Data
Trend Dec04 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Net Income (Continuing Operations)
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.28 -3.11 -5.25 -13.97 -5.89

Legend Oil & Gas Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 Premium Member Only Premium Member Only -3.72 -0.79 -1.22 -2.33 -1.59

Legend 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 Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.93 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 $-5.93 Mil mean?
Legend Oil & Gas (LOGL) has a Net Income (Continuing Operations) of $-5.93 Mil as of Dec. 2016. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Legend Oil & Gas and its competitors.
Is Legend Oil & Gas' Net Income (Continuing Operations) too high?
Legend Oil & Gas' current Net Income (Continuing Operations) is $-5.93 Mil.
How does Legend Oil & Gas' Net Income (Continuing Operations) compare to ARSLF and PTRDF?
Legend Oil & Gas' Net Income (Continuing Operations) of $-5.93 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 Legend Oil & Gas and its competitors. Legend Oil & Gas's current Net Income (Continuing Operations) is $-5.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legend Oil & Gas stock overvalued right now?
Legend Oil & Gas (LOGL) has a current Net Income (Continuing Operations) of $-5.93 Mil. The current Net Income (Continuing Operations) is $-5.93 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 Legend Oil & Gas (LOGL), the current Net Income (Continuing Operations) is $-5.93 Mil as of Dec. 2016. 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.

Legend Oil & Gas Business Description

Industry EnergyOil & Gas
Address 555 North Point Center East, Suite 400, Alpharetta, GA, USA, 30022
Legend Oil & Gas Ltd is a crude oil hauling and trucking company. The company's principal operations are in the Bakken region of North Dakota and the Permian Basin in Texas and New Mexico. Its focus is to grow its core business and expand its crude oil hauling operations into other basins throughout the United States. The company's only segment is oil and gas.