Energy Net Income from 2010 to 2024

ESOA Stock  USD 6.86  0.96  12.28%   
Energy Services' Net Income is increasing over the years with slightly volatile fluctuation. Overall, Net Income is expected to go to about 8.9 M this year. From 2010 to 2024 Energy Services Net Income quarterly data regression line had arithmetic mean of  560,709 and r-squared of  0.26. View All Fundamentals
 
Net Income  
First Reported
2006-12-31
Previous Quarter
5.7 M
Current Value
5.7 M
Quarterly Volatility
5.8 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Energy Services financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Energy main balance sheet or income statement drivers, such as Other Operating Expenses of 351.5 M, Operating Income of 15.7 M or EBIT of 15.7 M, as well as many exotic indicators such as Price To Sales Ratio of 0.32, Dividend Yield of 0.0135 or PTB Ratio of 1.84. Energy financial statements analysis is a perfect complement when working with Energy Services Valuation or Volatility modules.
  
This module can also supplement various Energy Services Technical models . Check out the analysis of Energy Services Correlation against competitors.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.

Latest Energy Services' Net Income Growth Pattern

Below is the plot of the Net Income of Energy Services over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Energy Services financial statement analysis. It represents the amount of money remaining after all of Energy Services operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Energy Services' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Energy Services' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 7.4 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Energy Net Income Regression Statistics

Arithmetic Mean560,709
Geometric Mean3,182,137
Coefficient Of Variation2,482
Mean Deviation6,733,952
Median3,241,423
Standard Deviation13,915,824
Sample Variance193.7T
Range57.6M
R-Value0.51
Mean Square Error154.1T
R-Squared0.26
Significance0.05
Slope1,590,536
Total Sum of Squares2711.1T

Energy Net Income History

20248.9 M
20238.5 M
20227.4 M
20213.8 M
20209.1 M
20192.4 M
2018M

Other Fundumenentals of Energy Services

Energy Services Net Income component correlations

About Energy Services Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Energy Services income statement, its balance sheet, and the statement of cash flows. Energy Services investors use historical funamental indicators, such as Energy Services's Net Income, to determine how well the company is positioned to perform in the future. Although Energy Services investors may use each financial statement separately, they are all related. The changes in Energy Services's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Energy Services's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Energy Services Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Energy Services. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Income8.5 M8.9 M
Net Income Applicable To Common Shares4.4 M2.6 M
Net Income From Continuing Ops8.5 M8.9 M
Net Income Per Share 0.40  0.42 
Net Income Per E B T 0.82  1.13 

Pair Trading with Energy Services

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 Energy Services 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 Energy Services will appreciate offsetting losses from the drop in the long position's value.

Moving against Energy Stock

  0.5AGX Argan IncPairCorr
The ability to find closely correlated positions to Energy Services could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Services 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 Energy Services - 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 Energy Services to buy it.
The correlation of Energy Services 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 Energy Services moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Services 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 Energy Services 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.
Pair CorrelationCorrelation Matching
When determining whether Energy Services offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Energy Services' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Energy Services Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Energy Services Stock:
Check out the analysis of Energy Services Correlation against competitors.
For information on how to trade Energy Stock refer to our How to Trade Energy Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for Energy Stock analysis

When running Energy Services' price analysis, check to measure Energy Services' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energy Services is operating at the current time. Most of Energy Services' value examination focuses on studying past and present price action to predict the probability of Energy Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Services' price. Additionally, you may evaluate how the addition of Energy Services to your portfolios can decrease your overall portfolio volatility.
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Is Energy Services' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Energy Services. If investors know Energy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Energy Services listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
13.454
Dividend Share
0.06
Earnings Share
0.63
Revenue Per Share
20.108
Quarterly Revenue Growth
0.502
The market value of Energy Services is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Services' value that differs from its market value or its book value, called intrinsic value, which is Energy Services' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Energy Services' market value can be influenced by many factors that don't directly affect Energy Services' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Energy Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Services' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.