MRGE (Mirage Energy) Net Margin %: 0.00% (As of Jul. 2021)

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What is Mirage Energy Net Margin %?

Mirage Energy MRGE Net Margin % is 0.00% as of Jul. 2021.

Net margin is calculated as Net Income divided by its Revenue. Mirage Energy's Net Income for the three months ended in Jul. 2021 was $-0.55 Mil. Mirage Energy's Revenue for the three months ended in Jul. 2021 was $0.00 Mil. Therefore, Mirage Energy's net margin for the quarter that ended in Jul. 2021 was 0.00%.

The historical rank and industry rank for Mirage Energy's Net Margin % or its related term are showing as below:


MRGE's Net Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.36
* Ranked among companies with meaningful Net Margin % only.

Mirage Energy  (OTCPK:MRGE) Net Margin % Explanation

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.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Mirage Energy Net Margin % Related Terms

Mirage Energy Net Margin % Historical Data

* Premium members only.

The historical data trend for Mirage Energy's Net Margin % 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.

Mirage Energy Net Margin % Chart

Mirage Energy Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Net Margin %
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Mirage Energy Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21
Net Margin % 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 0.00 0.00 0.00 0.00 0.00

MRGE vs EPD, WMB, KMI: Net Margin % Comparison

For the Oil & Gas Midstream subindustry, Mirage Energy's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mirage Energy Net Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mirage Energy's Net Margin % distribution charts can be found below:

* The bar in red indicates where Mirage Energy's Net Margin % falls into.


Mirage Energy Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Mirage Energy's Net Margin for the fiscal year that ended in Jul. 2021 is calculated as

Net Margin=Net Income (A: Jul. 2021 )/Revenue (A: Jul. 2021 )
=-4.223/0
= %

Mirage Energy's Net Margin for the quarter that ended in Jul. 2021 is calculated as

Net Margin=Net Income (Q: Jul. 2021 )/Revenue (Q: Jul. 2021 )
=-0.549/0
= %

* 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 Margin % →
What does a Net Margin % of 0.00% mean?
Mirage Energy (MRGE) has a Net Margin % of 0.00% as of Jul. 2021. Net margin is the ratio of total net income to net sales. View historical data on Mirage Energy and its competitors.
Is Mirage Energy's Net Margin % too high?
Mirage Energy's current Net Margin % is 0.00%.
How does Mirage Energy's Net Margin % compare to EPD and WMB?
Mirage Energy's Net Margin % of 0.00% can be compared against companies in the Oil & Gas industry. The industry median Net Margin % is 4.36. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 4.36, based on 927 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Mirage Energy and its competitors. For the Oil & Gas industry, the median Net Margin % is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mirage Energy's current Net Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mirage Energy stock overvalued right now?
Mirage Energy (MRGE) has a current Net Margin % of 0.00%. The current Net Margin % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Mirage Energy (MRGE), the current Net Margin % is 0.00% as of Jul. 2021. 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.

Mirage Energy Business Description

Industry EnergyOil & Gas
Address 900 Isom Road, Suite 306, San Antonio, TX, USA, 78216
Mirage Energy Corp develops an integrated natural gas transportation and storage facility in Mexico and the United States. The natural gas will be exported from the United States by pipeline to the Mexican storage unit for later distribution throughout Mexico.