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UNRG (United Energy) Net Income : $-0.62 Mil (TTM As of Dec. 2010)


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What is United Energy Net Income?

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. United Energy's Net Income for the three months ended in Dec. 2010 was $-0.25 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2010 was $-0.62 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. United Energy's Earnings per Share (Diluted) for the three months ended in Dec. 2010 was $-0.01.


United Energy Net Income Historical Data

The historical data trend for United Energy'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.

* Premium members only.

United Energy Net Income Chart

United Energy Annual Data
Trend Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.86 -10.84 -2.27 -2.04 -1.34

United Energy Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.56 -0.22 -0.06 -0.09 -0.25

United Energy 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

United Energy's Net Income for the fiscal year that ended in Mar. 2009 is calculated as

Net Income(A: Mar. 2009 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+-1.338
=-1.34

United Energy's Net Income for the quarter that ended in Dec. 2010 is calculated as

Net Income(Q: Dec. 2010 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=0+0+0+-0.247
=-0.25

Net Income for the trailing twelve months (TTM) ended in Dec. 2010 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.62 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.


United Energy  (OTCPK:UNRG) 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:

United Energy's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2010 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.


United Energy Net Income Related Terms

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United Energy Business Description

Traded in Other Exchanges
N/A
Address
101 East Park Boulevard, 6th Floor, Plano, TX, USA, 75074
United Energy Corp is engaged in the exploration and production of oil and natural gas properties. The company's holdings include assets and operations in Texas, Oklahoma, Kansas, and Louisiana.
Executives
Jack Silver director, 10 percent owner 660 MADISON AVENUE, NEW YORK NY 10021
Adam Hershey director 140 RIVERSIDE BOULEVARD, APT 2302, NEW YORK NY 10069
Grano Joseph J Jr other: Former 10% Owner C/O MEDGENICS, INC., 435 DEVON PARK DRIVE BLDG 700, WAYNE PA 19087

United Energy Headlines

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