Oil Country Tubular Stock Net Income

OILCOUNTUB   72.68  3.46  5.00%   
Oil Country Tubular fundamentals help investors to digest information that contributes to Oil Country's financial success or failures. It also enables traders to predict the movement of Oil Stock. The fundamental analysis module provides a way to measure Oil Country's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Oil Country stock.
Last ReportedProjected for Next Year
Net Loss-634 M-602.3 M
Net Loss-634 M-602.3 M
Net Income Applicable To Common Shares1.2 B1.3 B
As of the 21st of January 2025, Net Income Applicable To Common Shares is likely to grow to about 1.3 B, though Net Loss is likely to grow to (602.3 M).
  
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Oil Country Tubular Company Net Income Analysis

Oil Country's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Oil Country Net Income

    
  (704.48 M)  
Most of Oil Country's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Oil Country Tubular is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Oil Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

1.82 Billion

At this time, Oil Country's Accumulated Other Comprehensive Income is very stable compared to the past year.
Based on the recorded statements, Oil Country Tubular reported net income of (704.48 Million). This is 131.01% lower than that of the Energy Equipment & Services sector and significantly lower than that of the Energy industry. The net income for all India stocks is significantly higher than that of the company.

Oil Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Oil Country's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Oil Country could also be used in its relative valuation, which is a method of valuing Oil Country by comparing valuation metrics of similar companies.
Oil Country is currently under evaluation in net income category among its peers.

Oil Fundamentals

About Oil Country Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Oil Country Tubular's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Oil Country using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Oil Country Tubular based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Oil Stock

Oil Country financial ratios help investors to determine whether Oil Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Oil with respect to the benefits of owning Oil Country security.