VCYE (Velocity Energy) Other Operating Expense: $0.15 Mil (TTM As of Jun. 2009)

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What is Velocity Energy Other Operating Expense?

Velocity Energy VCYE Other Operating Expense is $0.15 Mil as of Jun. 2009.

Velocity Energy's Other Operating Expense for the three months ended in Jun. 2009 was $0.05 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Jun. 2009 was $0.15 Mil.

Velocity Energy's quarterly Other Operating Expense increased from Dec. 2008 ($0.02 Mil) to Mar. 2009 ($0.05 Mil) but then declined from Mar. 2009 ($0.05 Mil) to Jun. 2009 ($0.05 Mil).

Velocity Energy's annual Other Operating Expense stayed the same from Dec. 2006 ($0.00 Mil) to Dec. 2007 ($0.00 Mil) but then increased from Dec. 2007 ($0.00 Mil) to Dec. 2008 ($0.19 Mil).

Velocity Energy Other Operating Expense Historical Data

* Premium members only.

The historical data trend for Velocity Energy'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.

Velocity Energy Other Operating Expense Chart

Velocity Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08
Other Operating Expense
0.00 0.00 0.00 0.19

Velocity Energy Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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 0.07 0.02 0.02 0.05 0.05

Velocity Energy 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. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.15 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 $0.15 Mil mean?
Velocity Energy (VCYE) has a Other Operating Expense of $0.15 Mil as of Jun. 2009. Other operating expenses that a company records on its income statement. View historical data on Velocity Energy and its competitors.
Is Velocity Energy's Other Operating Expense too high?
Velocity Energy's current Other Operating Expense is $0.15 Mil.
How does Velocity Energy's Other Operating Expense compare to TGC and EVEPQ?
Velocity Energy's Other Operating Expense of $0.15 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 Velocity Energy and its competitors. Velocity Energy's current Other Operating Expense is $0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velocity Energy stock overvalued right now?
Velocity Energy (VCYE) has a current Other Operating Expense of $0.15 Mil. The current Other Operating Expense is $0.15 Mil. 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 Velocity Energy (VCYE), the current Other Operating Expense is $0.15 Mil as of Jun. 2009. 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.

Velocity Energy Business Description

Industry EnergyOil & Gas
Address 523 North Sam Houston Parkway East, Suite 175, Houston, TX, USA, 77060
Velocity Energy Inc is an oil and gas exploration and production company. It is engaged in the acquisition, development, exploration and production of natural gas and oil.