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Velocity Energy (Velocity Energy) Pre-Tax Income : $-4.98 Mil (TTM As of Jun. 2009)


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What is Velocity Energy Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Velocity Energy's pretax income for the three months ended in Jun. 2009 was $0.00 Mil. Its pretax income for the trailing twelve months (TTM) ended in Jun. 2009 was $-4.98 Mil. Velocity Energy's pretax margin was %.


Velocity Energy Pre-Tax Income Historical Data

The historical data trend for Velocity Energy'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.

* Premium members only.

Velocity Energy Pre-Tax Income Chart

Velocity Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08
Pre-Tax Income
- - - -6.30

Velocity Energy Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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 -0.07 -1.16 -3.83 - -

Competitive Comparison of Velocity Energy's Pre-Tax Income

For the Oil & Gas E&P subindustry, Velocity Energy'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.


Velocity Energy's Pre-Tax Income Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Velocity Energy's Pre-Tax Income falls into.



Velocity Energy Pre-Tax Income Calculation

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

Velocity Energy's Pretax Income for the fiscal year that ended in Dec. 2008 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-3.534+-1.849+-0.918+0+-0.00099999999999945
=-6.30

Velocity Energy's Pretax Income for the quarter that ended in Jun. 2009 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.907+-0.03+-1.23+0+2.167
=0.00

Pre-Tax Income 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 $-4.98 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.


Velocity Energy  (OTCPK:VCYE) Pre-Tax Income Explanation

Velocity Energy's Pretax Margin for the quarter that ended in Jun. 2009 is calculated as

Pretax Margin=Pretax Income/Revenue
=0/0
=%

* 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.


Velocity Energy Pre-Tax Income Related Terms

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Velocity Energy (Velocity Energy) Business Description

Traded in Other Exchanges
N/A
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.
Executives
Michael J Pawelek director, officer: President and CEO 300 EAST SONTERRA BLVD. STE 1220 SAN ANTONIO TX 78258
Peter Benz 10 percent owner 171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Longview Fund Lp 10 percent owner VIKING ASSET MANAGEMENT LLC, 66 BOVET ROAD, SUITE 320, SAN MATEO, CA 94402
Howard J Taylor director, 10 percent owner, officer: CEO STE. 194 48 PAR LA VILLE RD HAMILTON D0 HM11

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