Seacrest Petroleo Bermuda (CHIX:SEAPTO) Net Income: kr-552 Mil (TTM As of Sep. 2024)

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CHIX:SEAPTO Seacrest Petroleo Bermuda Ltd CHIX:SEAPTO
6 GF Score
Price kr4.93
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What is Seacrest Petroleo Bermuda Net Income?

Seacrest Petroleo Bermuda CHIX:SEAPTO 6 Net Income is kr-552 Mil as of Sep. 2024. GuruFocus rates CHIX:SEAPTO with a GF Score™ of 6/100.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Seacrest Petroleo Bermuda's Net Income for the three months ended in Sep. 2024 was kr-381 Mil. Its Net Income for the trailing twelve months (TTM) ended in Sep. 2024 was kr-552 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Seacrest Petroleo Bermuda's Earnings per Share (Diluted) for the three months ended in Sep. 2024 was kr-1.06.


Seacrest Petroleo Bermuda  (CHIX:SEAPTo) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Seacrest Petroleo Bermuda's Earnings per Share (Diluted) (EPS) for the quarter that ended in Sep. 2024 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Seacrest Petroleo Bermuda Net Income Related Terms


Seacrest Petroleo Bermuda Net Income Historical Data

* Premium members only.

The historical data trend for Seacrest Petroleo Bermuda's Net Income 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.

Seacrest Petroleo Bermuda Net Income Chart

Seacrest Petroleo Bermuda Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
0.00 -45.86 -125.83 -1,177.43 -836.97

Seacrest Petroleo Bermuda Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -306.23 -30.38 -199.05 58.26 -380.74
CHIX:SEAPTO
6GF Score
Seacrest Petroleo Bermuda Ltd CHIX:SEAPTO
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Seacrest Petroleo Bermuda Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Seacrest Petroleo Bermuda's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-1109.86+272.881+0+0.010999999999967
=-837

Seacrest Petroleo Bermuda's Net Income for the quarter that ended in Sep. 2024 is calculated as

Net Income(Q: Sep. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-379.227+-1.508+0+-5.6843418860808E-14
=-381

Net Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-552 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.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of kr-552 Mil mean?
Seacrest Petroleo Bermuda (CHIX:SEAPTO) has a Net Income of kr-552 Mil as of Sep. 2024. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Seacrest Petroleo Bermuda and its competitors.
Is Seacrest Petroleo Bermuda's Net Income too high?
Seacrest Petroleo Bermuda's current Net Income is kr-552 Mil. Overall, Seacrest Petroleo Bermuda has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Seacrest Petroleo Bermuda's Net Income compare to COP and EOG?
Seacrest Petroleo Bermuda's Net Income of kr-552 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 for an Oil & Gas company?
A good Net Income depends on the Oil & Gas industry context. However, Net Income 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 mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Seacrest Petroleo Bermuda and its competitors. Seacrest Petroleo Bermuda's current Net Income is kr-552 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seacrest Petroleo Bermuda stock overvalued right now?
Seacrest Petroleo Bermuda (CHIX:SEAPTO) has a current Net Income of kr-552 Mil. The current Net Income is kr-552 Mil. Seacrest Petroleo Bermuda's overall GF Score™ is 6/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Seacrest Petroleo Bermuda (CHIX:SEAPTO), the current Net Income is kr-552 Mil as of Sep. 2024. 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.

Seacrest Petroleo Bermuda Business Description

Industry EnergyOil & Gas
Address 99 Front Street, Hamilton, BMU, HM 12
Seacrest Petroleo Bermuda Ltd is an oil and gas exploration group. The Group is engaged in oil and gas exploration, development, production, and trade activities. It has a single operating segment, which consists of oil and gas exploration and production (E&P).
6GF Score

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

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