Petrogas Co Stock Net Income
| PTCO Stock | USD 0.05 0.01 19.00% |
By evaluating key metrics such as revenue growth, profitability, cash flow trends, and balance sheet strength, investors can better assess PetroGas' long-term financial health and intrinsic value.
PetroGas |
PetroGas Co Company Net Income Analysis
PetroGas' 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.
Current PetroGas Net Income | (140.09 M) |
Most of PetroGas' 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, PetroGas Co 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 |
Based on the recorded statements, PetroGas Co reported net income of (140.09 Million). This is 106.17% lower than that of the Energy sector and 140.71% lower than that of the Oil & Gas E&P industry. The net income for all United States stocks is 124.54% higher than that of the company.
PetroGas Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PetroGas' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of PetroGas could also be used in its relative valuation, which is a method of valuing PetroGas by comparing valuation metrics of similar companies.PetroGas is currently under evaluation in net income category among its peers.
PetroGas Fundamentals
| Current Valuation | 8.95 M | |||
| Shares Outstanding | 21.05 M | |||
| Shares Owned By Insiders | 95.19 % | |||
| Price To Earning | (17.47) X | |||
| Price To Sales | 20,505 X | |||
| Gross Profit | 166 | |||
| EBITDA | (140.03 M) | |||
| Net Income | (140.09 M) | |||
| Cash And Equivalents | 387 | |||
| Total Debt | 353.91 K | |||
| Book Value Per Share | (0.03) X | |||
| Cash Flow From Operations | (32.53 K) | |||
| Earnings Per Share | 0.70 X | |||
| Beta | -3.51 | |||
| Market Capitalization | 9.3 M | |||
| Z Score | 15.6 |
About PetroGas Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PetroGas Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PetroGas using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PetroGas Co 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.
Pair Trading with PetroGas
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PetroGas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PetroGas will appreciate offsetting losses from the drop in the long position's value.Moving against PetroGas Pink Sheet
| 0.65 | OXY | Occidental Petroleum Aggressive Push | PairCorr |
| 0.59 | TATT | Tat Techno | PairCorr |
| 0.49 | 26442TAG2 | US26442TAG22 | PairCorr |
| 0.42 | ONDS | Ondas Holdings | PairCorr |
| 0.35 | EOG | EOG Resources | PairCorr |
The ability to find closely correlated positions to PetroGas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PetroGas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PetroGas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PetroGas Co to buy it.
The correlation of PetroGas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PetroGas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PetroGas moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PetroGas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in PetroGas Pink Sheet
PetroGas financial ratios help investors to determine whether PetroGas Pink Sheet 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 PetroGas with respect to the benefits of owning PetroGas security.