POFCF (Petrofac) Other Operating Expense: $129 Mil (TTM As of Jun. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

POFCF Petrofac Ltd POFCF
12 GF Score
Price $0.00
View Full Analysis

What is Petrofac Other Operating Expense?

Petrofac POFCF -95.67% 12 Other Operating Expense is $129 Mil as of Jun. 2024. GuruFocus rates POFCF with a GF Score™ of 12/100.

Petrofac's Other Operating Expense for the six months ended in Jun. 2024 was $-5 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2024 was $129 Mil.

Petrofac's quarterly Other Operating Expense increased from Jun. 2023 ($2 Mil) to Dec. 2023 ($134 Mil) but then declined from Dec. 2023 ($134 Mil) to Jun. 2024 ($-5 Mil).

Petrofac's annual Other Operating Expense declined from Dec. 2021 ($85 Mil) to Dec. 2022 ($78 Mil) but then increased from Dec. 2022 ($78 Mil) to Dec. 2023 ($136 Mil).

Petrofac Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Petrofac's Other Operating Expense 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.

Petrofac Other Operating Expense Chart

Petrofac Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Other Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140.00 111.00 85.00 78.00 136.00

Petrofac Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Other Operating Expense 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 -40.00 118.00 2.00 134.00 -5.00
POFCF
12GF Score
Petrofac Ltd POFCF
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Petrofac Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $129 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 Other Operating Expense of $129 Mil mean?
Petrofac (POFCF) has a Other Operating Expense of $129 Mil as of Jun. 2024. Other operating expenses that a company records on its income statement. View historical data on Petrofac and its competitors.
Is Petrofac's Other Operating Expense too high?
Petrofac's current Other Operating Expense is $129 Mil. Overall, Petrofac has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Petrofac's Other Operating Expense compare to SLB and BKR?
Petrofac's Other Operating Expense of $129 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 Other Operating Expense for an Oil & Gas company?
A good Other Operating Expense depends on the Oil & Gas industry context. However, Other Operating Expense 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Petrofac and its competitors. Petrofac's current Other Operating Expense is $129 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petrofac stock overvalued right now?
Petrofac (POFCF) has a current Other Operating Expense of $129 Mil. The current Other Operating Expense is $129 Mil. Petrofac's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Petrofac (POFCF), the current Other Operating Expense is $129 Mil as of Jun. 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.

Petrofac Business Description

Industry EnergyOil & Gas
Address 26 New Street, St Helier, JEY, JE2 3RA
Petrofac Ltd provides engineering and construction services to the oil and gas production and processing industry. It designs, builds, operates, and maintains oil and gas facilities. The operating segments of the company include Engineering and Construction, Asset solutions, and Integrated Energy Services. It derives the majority of its revenue from the Asset Solutions segment which mainly includes reimbursable engineering and production services activities to the oil and gas industry. Geographically, the company derives maximum revenue from the United Kingdom and the rest from Algeria, Lithuania, Malaysia, the United States of America, Oman, and various other countries.
12GF Score

Get the complete analysis for POFCF

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

$0.00
Price