Warren Resources Revenue, Profits - WRESQ Annual Income Statement

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$0.01 $0 (0%) WRESQ stock closing price Oct 05, 2016 (Closing)

Looking at financial statements, along with the Warren Resources stock price, it's management, its economic moat, and industry competitors forms an important part of fundamental analysis. An income statement is one of the three key financial statements furnished by a company, the other two being the balance sheet and the cashflow statement. Like any other income statement, the WRESQ income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a YOY revenue decline of -31.25% when compared to the same period in the past. The operating expenses as shown in the Warren Resources profit and loss statement for 2016 total to $289.82M. This line item shows that the operating expenses has decreased compared with last year. Also check: Warren Resources assets and Warren Resources free cash flow.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec201620152014201320122011201020092008
Warren Resources Revenues or Net Sales
60.75M88.37M150.72M128.84M121.79M103.37M88.27M63.4M109.15M
Cost Of Goods Sold (COGS)43.28M49.55M48.35M36.77M33.07M30.63M28.84M27.09M31.06M
Warren Resources Gross Profit
17.46M38.81M102.36M92.06M88.72M72.73M59.43M36.3M78.09M
Research & Development Expense---------
Selling General & Admin Expense260.1M597.73M21.87M15.7M19.84M14.81M15.35M12.64M14.72M
Income Before Depreciation Depletion Amortization-242.63M-558.91M80.49M76.36M68.88M57.91M44.07M23.66M63.36M
Depreciation Depletion Amortization29.72M66.15M56.48M44.8M47.17M30.51M21.99M20.61M23.97M
Non Operating Income-9.62M35.53M9.65M1.88M-2.88M-2.64M1.77M-10.79M-275.68M
Interest Expense35.46M30.4M9.64M2.99M3.31M3.18M3.5M5.91M5.29M
Warren Resources Pretax Income
-317.44M-619.94M24.01M30.44M15.51M21.56M20.35M-13.65M-241.58M
Provision for Income Taxes---0.01M--0.01M-0.07M-0.02M--0.02M
MinorityInterest---------
Investment Gains Losses---------
Other Income---------
Income Before Extraordinaries & Disc Operations-317.56M-619.96M24.03M30.38M15.52M21.63M20.38M-13.71M-241.55M
Extraordinary Items & Discontinued Operations---------
Warren Resources Profit/ Loss (Net Income)
-317.56M-619.96M24.03M30.38M15.52M21.63M20.38M-13.71M-241.55M
Average Shares used to compute Diluted EPS-82.13M76.69M72.55M72.1M72.05M71.43M60.49M58M
Average Shares used to compute Basic EPS-82.13M76.54M72.39M71.38M70.83M70.38M60.49M58M
Income Before Nonrecurring Items--41.66M18.62M34.15M17.45M24.34M21.58M-2.75M34.09M
Income from Nonrecurring Items--578.3M5.41M-3.77M-1.93M-2.7M-1.2M-10.97M-275.65M
Warren Resources Earnings Per Share Basic Net
-3.73-7.550.310.420.220.310.29-0.23-4.17
Warren Resources Earnings Per Share Diluted Net
--7.550.310.420.220.300.29-0.23-4.17
EPS Diluted Before Nonrecurring Items--0.510.240.470.250.340.31-0.050.59
Preferred Dividends Acc Pd---------
Dividends Common---------
Dividend Per Share Common0.000.000.000.000.000.000.000.000.00
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Warren Resources stock analysis. It helps to look at the following income statement items:

  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that WRESQ stock has a topline or revenue of $60.75M for 2016 as per this Warren Resources revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. WRESQ stock had a healthy bottom line growth.

The income statement is also called the profit and loss statement. Apart from the WRESQ income statement, one can check the Warren Resources historical stock prices to check how the price has moved with time.