Pretax income is the income that a company earns before paying income taxes. MMEX Resources's pretax income for the
three
months ended in Jan. 2024 was $-0.42 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Jan. 2024 was $-2.34 Mil.
MMEX Resources's pretax margin was %.
MMEX Resources Pre-Tax Income Historical Data
The historical data trend for MMEX Resources's Pre-Tax Income 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.
Competitive Comparison of MMEX Resources's Pre-Tax Income
For the Oil & Gas E&P subindustry, MMEX Resources's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MMEX Resources's Pre-Tax Income Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, MMEX Resources's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where MMEX Resources's Pre-Tax Income falls into.
MMEX Resources Pre-Tax Income Calculation
This is the income that a company earns before paying income taxes.
MMEX Resources's Pretax Income for the fiscal year that ended in Apr. 2023 is calculated as
Pre-Tax Income for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.34 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.
MMEX Resources (OTCPK:MMEX) Pre-Tax Income Explanation
MMEX Resources's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as
* 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.
MMEX Resources Pre-Tax Income Related Terms
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MMEX Resources (MMEX Resources) Business Description
MMEX Resources Corp is a resource development company. Principally, it is engaged in the exploration, extraction, refining, and distribution of oil, gas, petroleum products and electric power projects in Texas, Peru, and other countries in Latin America. The company intends to build crude oil refining facilities in the Permian Basin in West Texas. It also focuses on operations of around 10,000 BPD distillation units that will produce a non-transportation grade diesel for sale in the local market for drilling frac fluids, along with naphtha and residual fuel oil to be sold to other refiners.
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