VYEY (Victory Oilfield Tech) Total Operating Expense: $7.62 Mil (TTM As of Sep. 2024)


What is Victory Oilfield Tech Total Operating Expense?

Victory Oilfield Tech VYEY Total Operating Expense is $7.62 Mil as of Sep. 2024.

Victory Oilfield Tech's Total Operating Expense for the three months ended in Sep. 2024 was $1.16 Mil. Victory Oilfield Tech's Total Operating Expense for the trailing twelve months (TTM) ended in Sep. 2024 was $7.62 Mil.

Victory Oilfield Tech Total Operating Expense Related Terms

Victory Oilfield Tech Total Operating Expense Historical Data

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The historical data trend for Victory Oilfield Tech'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.

Victory Oilfield Tech Total Operating Expense Chart

Victory Oilfield Tech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.97 1.18 1.05 0.44 0.80

Victory Oilfield Tech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only 0.12 0.61 4.54 1.31 1.16

Victory Oilfield Tech 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.62 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 $7.62 Mil mean?
Victory Oilfield Tech (VYEY) has a Total Operating Expense of $7.62 Mil as of Sep. 2024. Total operating expense is the primary recurring expense associated with central operations. View historical data on Victory Oilfield Tech and its competitors.
Is Victory Oilfield Tech's Total Operating Expense too high?
Victory Oilfield Tech's current Total Operating Expense is $7.62 Mil.
How does Victory Oilfield Tech's Total Operating Expense compare to LEEN and SPOWF?
Victory Oilfield Tech's Total Operating Expense of $7.62 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 Victory Oilfield Tech and its competitors. Victory Oilfield Tech's current Total Operating Expense is $7.62 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Victory Oilfield Tech stock overvalued right now?
Victory Oilfield Tech (VYEY) has a current Total Operating Expense of $7.62 Mil. The current Total Operating Expense is $7.62 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 Victory Oilfield Tech (VYEY), the current Total Operating Expense is $7.62 Mil as of Sep. 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.

Victory Oilfield Tech Business Description

Industry EnergyOil & Gas
Address 3355 Bee Caves Road, Suite 608, Austin, TX, USA, 78746
Victory Oilfield Tech Inc is an oilfield energy-tech products company focused on improving well performance and extending the lifespan of the industry's most sophisticated and expensive equipment. The company's products include solutions for drill-pipe, production tubing, and radio frequency identification (RFID) enclosures. The company's only reportable segment is Hardband Services. Hardband Services provides various hardbanding solutions to oilfield operators for drill pipe, weight pipe, tubing, and drill collars.