ENGY (Central Energy Partners LP) Net Income: $-11.66 Mil (TTM As of Jun. 2015)

What is Central Energy Partners LP Net Income?

Central Energy Partners LP ENGY Net Income is $-11.66 Mil as of Jun. 2015.

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. Central Energy Partners LP's Net Income for the three months ended in Jun. 2015 was $-1.33 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2015 was $-11.66 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Central Energy Partners LP's Earnings per Share (Diluted) for the three months ended in Jun. 2015 was $-0.07.

Central Energy Partners LP (OTCPK:ENGY) 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:

Central Energy Partners LP's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2015 is calculated as

Earnings per Share (Diluted) (Q: Jun. 2015 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(-1.334	-	-0.014)	/	19.591
	=	-0.07

* 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.

Central Energy Partners LP Net Income Related Terms

Central Energy Partners LP Net Income Historical Data

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The historical data trend for Central Energy Partners LP's Net Income can be seen below:

Central Energy Partners LP Net Income Chart

Central Energy Partners LP Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Net Income

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2.28

-2.74

-2.06

-1.04

-0.57

Central Energy Partners LP Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Net Income	Get a 7-Day Free Trial															-0.27	0.51	-1.32	-1.33	-9.51

Central Energy Partners LP 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

Central Energy Partners LP's Net Income for the fiscal year that ended in Dec. 2014 is calculated as

	Net Income		(A: Dec. 2014 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	-0.742	+	0.458	+	0	+	-0.284
=	-0.57

Central Energy Partners LP's Net Income for the quarter that ended in Jun. 2015 is calculated as

	Net Income		(Q: Jun. 2015 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	-0.667	+	0	+	0	+	-0.667
=	-1.33

Net Income for the trailing twelve months (TTM) ended in Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-11.66 Mil.

Frequently Asked Questions Learn more about Net Income →

What does a Net Income of $-11.66 Mil mean?

Central Energy Partners LP (ENGY) has a Net Income of $-11.66 Mil as of Jun. 2015. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Central Energy Partners LP and its competitors.

Is Central Energy Partners LP's Net Income too high?

Central Energy Partners LP's current Net Income is $-11.66 Mil.

How does Central Energy Partners LP's Net Income compare to PGAS and SNMP?

Central Energy Partners LP's Net Income of $-11.66 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 Central Energy Partners LP and its competitors. Central Energy Partners LP's current Net Income is $-11.66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Central Energy Partners LP stock overvalued right now?

Central Energy Partners LP (ENGY) has a current Net Income of $-11.66 Mil. The current Net Income is $-11.66 Mil. 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 Central Energy Partners LP (ENGY), the current Net Income is $-11.66 Mil as of Jun. 2015. 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.

Central Energy Partners LP Business Description

Industry Energy Oil & Gas

Comparable Companies PGAS SNMP MRGE SGX:5PD BSE:OIL HKSE:08117 BKEP HKSE:00681 ASX:MTN DLNG ASX:LNG SGX:C9Q TSXV:MCR NNA USWS GASS OSG OSL:SIOFF BSE:COTE MMLP

Address 4809 Cole Avenue, Suite 108, Dallas, TX, USA, 75205

Website http://www.centralenergylp.com

Central Energy Partners LP provides liquid bulk storage, trans-loading, and transportation services for hazardous chemicals and petroleum products. Its key activities include the storage, transportation and railcar trans-loading of bulk liquids, including hazardous chemicals and petroleum products. It transports a range of hazardous products, such as aluminum sulfate solution, hydrochloric acid, sulfuric acid, aqua ammonia, sodium bisulfate and fuel blends.