RISE (Rise Oil & Gas) Net Income (Continuing Operations): $-2.39 Mil (TTM As of Sep. 2023)

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

Rise Oil & Gas RISE +0.77% Net Income (Continuing Operations) is $-2.39 Mil as of Sep. 2023.

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. Rise Oil & Gas's Net Income (Continuing Operations) for the three months ended in Sep. 2023 was $-0.65 Mil. Its Net Income (Continuing Operations) for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.39 Mil.

Rise Oil & Gas  (AMEX:RISE) 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.

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

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

* Premium members only.

The historical data trend for Rise 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.

Rise Oil & Gas Net Income (Continuing Operations) Chart

Rise Oil & Gas Annual Data
Trend Dec21 Dec22
Net Income (Continuing Operations)
0.00 -1.13

Rise Oil & Gas Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Net Income (Continuing Operations) Get a 7-Day Free Trial -0.44 -0.35 -1.10 -0.29 -0.65

Rise 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.39 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 $-2.39 Mil mean?
Rise Oil & Gas (RISE) has a Net Income (Continuing Operations) of $-2.39 Mil as of Sep. 2023. Net Income (Continuing operations) is the total net earnings from a company's continuing operations. View historical data on Rise Oil & Gas and its competitors.
Is Rise Oil & Gas' Net Income (Continuing Operations) too high?
Rise Oil & Gas' current Net Income (Continuing Operations) is $-2.39 Mil.
How does Rise Oil & Gas' Net Income (Continuing Operations) compare to ?
Rise Oil & Gas' Net Income (Continuing Operations) of $-2.39 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 Rise Oil & Gas and its competitors. Rise Oil & Gas's current Net Income (Continuing Operations) is $-2.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rise Oil & Gas stock overvalued right now?
Rise Oil & Gas (RISE) has a current Net Income (Continuing Operations) of $-2.39 Mil. The current Net Income (Continuing Operations) is $-2.39 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 Rise Oil & Gas (RISE), the current Net Income (Continuing Operations) is $-2.39 Mil as of Sep. 2023. 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.

Rise Oil & Gas Business Description

Industry EnergyOil & Gas
Comparable Companies
Address 8911 N. Capital of Texas Highway, Suite 4200, Austin, TX, USA, 78759
Rise Oil & Gas Inc is an independent oil and natural gas company focused on securing high-quality, long-lived oil and natural gas assets to create a sustainable inventory of highly economic wells. It has established its initial acreage position in the Permian Basin; however, it actively evaluates opportunities in other oil and natural gas-producing regions.