FOMI (Formation Minerals) Total Operating Expense: $2.08 Mil (TTM As of Jan. 2025)


What is Formation Minerals Total Operating Expense?

Formation Minerals FOMI Total Operating Expense is $2.08 Mil as of Jan. 2025.

Formation Minerals's Total Operating Expense for the three months ended in Jan. 2025 was $0.42 Mil. Formation Minerals's Total Operating Expense for the trailing twelve months (TTM) ended in Jan. 2025 was $2.08 Mil.

Formation Minerals Total Operating Expense Related Terms

Formation Minerals Total Operating Expense Historical Data

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The historical data trend for Formation Minerals's Total 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.

Formation Minerals Total Operating Expense Chart

Formation Minerals Annual Data
Trend Apr21 Apr22 Apr23 Apr24
Total Operating Expense
0.88 1.04 0.78 1.16

Formation Minerals Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Total 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 0.42 -0.10 0.71 1.05 0.42

Formation Minerals Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.08 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 Total Operating Expense of $2.08 Mil mean?
Formation Minerals (FOMI) has a Total Operating Expense of $2.08 Mil as of Jan. 2025. Total operating expense is the primary recurring expense associated with central operations. View historical data on Formation Minerals and its competitors.
Is Formation Minerals' Total Operating Expense too high?
Formation Minerals' current Total Operating Expense is $2.08 Mil.
How does Formation Minerals' Total Operating Expense compare to AVACF and COP?
Formation Minerals' Total Operating Expense of $2.08 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 Total Operating Expense for an Oil & Gas company?
A good Total Operating Expense depends on the Oil & Gas industry context. However, Total 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Formation Minerals and its competitors. Formation Minerals's current Total Operating Expense is $2.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formation Minerals stock overvalued right now?
Formation Minerals (FOMI) has a current Total Operating Expense of $2.08 Mil. The current Total Operating Expense is $2.08 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Formation Minerals (FOMI), the current Total Operating Expense is $2.08 Mil as of Jan. 2025. 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.

Formation Minerals Business Description

Industry EnergyOil & Gas
Address P.O. Box 67, Jacksboro, TX, USA, 76458
Formation Minerals Inc is engaged in the acquisition and management of high-growth oil and gas minerals and royalties in the U.S. basins. The company is focused on providing returns through asset growth generated by acquisitions and organic growth of properties. Its portfolio includes the DJ Basin of Colorado and Wyoming, the Haynesville Shale of Louisiana, the Delaware and Permian Basin of Texas, the Marcellus and Utica shales in West Virginia, and the Anadarko Basin in Oklahoma.