LOGL (Legend Oil & Gas) Pre-Tax Income: $-5.93 Mil (TTM As of Dec. 2016)

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What is Legend Oil & Gas Pre-Tax Income?

Legend Oil & Gas LOGL -90.00% Pre-Tax Income is $-5.93 Mil as of Dec. 2016.

Pretax income is the income that a company earns before paying income taxes. Legend Oil & Gas's pretax income for the three months ended in Dec. 2016 was $-1.59 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2016 was $-5.93 Mil. Legend Oil & Gas's pretax margin was -151.86%.


Legend Oil & Gas  (OTCPK:LOGL) Pre-Tax Income Explanation

Legend Oil & Gas's Pretax Margin for the quarter that ended in Dec. 2016 is calculated as

Pretax Margin=Pretax Income/Revenue
=-1.593/1.049
=-151.86%

* 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.


Legend Oil & Gas Pre-Tax Income Related Terms


Legend Oil & Gas Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for Legend Oil & Gas's Pre-Tax 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.

Legend Oil & Gas Pre-Tax Income Chart

Legend Oil & Gas Annual Data
Trend Dec04 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.28 -3.11 -5.25 -13.97 -5.89

Legend Oil & Gas Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Pre-Tax 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 -3.72 -0.79 -1.22 -2.33 -1.59

LOGL vs ARSLF, PTRDF, DBRM: Pre-Tax Income Comparison

For the Oil & Gas Midstream subindustry, Legend Oil & Gas's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Legend Oil & Gas Pre-Tax Income vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Legend Oil & Gas's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Legend Oil & Gas's Pre-Tax Income falls into.



Legend Oil & Gas Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Legend Oil & Gas's Pretax Income for the fiscal year that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-4.041+-1.113+-0.738+0+-8.8817841970013E-16
=-5.89

Legend Oil & Gas's Pretax Income for the quarter that ended in Dec. 2016 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1.331+-0.005+-0.258+0+0.00099999999999989
=-1.59

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.93 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $-5.93 Mil mean?
Legend Oil & Gas (LOGL) has a Pre-Tax Income of $-5.93 Mil as of Dec. 2016. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Legend Oil & Gas and its competitors.
Is Legend Oil & Gas' Pre-Tax Income too high?
Legend Oil & Gas' current Pre-Tax Income is $-5.93 Mil.
How does Legend Oil & Gas' Pre-Tax Income compare to ARSLF and PTRDF?
Legend Oil & Gas' Pre-Tax Income of $-5.93 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 Pre-Tax Income for an Oil & Gas company?
A good Pre-Tax Income depends on the Oil & Gas industry context. However, Pre-Tax 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 Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Legend Oil & Gas and its competitors. Legend Oil & Gas's current Pre-Tax Income is $-5.93 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legend Oil & Gas stock overvalued right now?
Legend Oil & Gas (LOGL) has a current Pre-Tax Income of $-5.93 Mil. The current Pre-Tax Income is $-5.93 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Legend Oil & Gas (LOGL), the current Pre-Tax Income is $-5.93 Mil as of Dec. 2016. 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.

Legend Oil & Gas Business Description

Industry EnergyOil & Gas
Address 555 North Point Center East, Suite 400, Alpharetta, GA, USA, 30022
Legend Oil & Gas Ltd is a crude oil hauling and trucking company. The company's principal operations are in the Bakken region of North Dakota and the Permian Basin in Texas and New Mexico. Its focus is to grow its core business and expand its crude oil hauling operations into other basins throughout the United States. The company's only segment is oil and gas.