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TelegramRigNet, Inc. Net Income | RNET
Net profit is a financial indicator that reflects the remaining amount of money after deducting all expenses and taxes from the company’s total income over a certain period of time. It is one of the key indicators of a company’s financial stability and success.
Net profit is the portion of total profit remaining after taxes and depreciation have been deducted.[1]
It is the result of a company’s operations and reflects its efficiency in managing resources, controlling expenses, and generating income. It includes all operating revenues and expenses, such as sales of goods or services, production costs, administrative expenses, taxes, and other financial metrics.
The calculation of net profit includes the deduction of all necessary expenses such as employee salaries, rent, utilities, taxes, and other mandatory payments. After all these expenses are deducted from the total income, the remaining amount is considered the company’s net profit.
Net profit is an important indicator of a company’s financial health, as it reflects its ability to generate earnings and manage its finances. High net profit indicates business success, competitiveness, and efficiency in resource utilization. It also allows a company to invest in its development, pay dividends to shareholders, or create reserve funds for unforeseen situations.
It serves as a basis for calculating other financial indicators, such as return on sales, return on assets, or return on equity. It is also used to assess the performance of management and make decisions regarding the future development of the company.
However, it should be noted that net profit can be affected by various factors, such as economic conditions, changes in legislation, market competition, and other external influences. Therefore, companies must be prepared for possible changes and take measures to ensure the stability of their financial results.
Annual Net Income RigNet, Inc.
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|
| -45.8 M | -19.2 M | -62.5 M | -16.2 M | -11.5 M | -17 M | 15.6 M | 16.3 M | 11.9 M | 9.52 M |
Annual performance
Select metrics to display
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 16.3 M | -62.5 M | -11.9 M |
References
- Bhamornsiri, S., & Wiggins, C. (2001). Comprehensive income disclosures. The CPA Journal, 71(10), 54.
Net Income of other stocks in the Oil gas equipment industry
| Issuer | Net Income | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
 |
MRC Global
MRC
|
55 M | - | - | - |  USA |
 |
Baker Hughes Company
BKR
|
2.59 B | $ 55.7 | 2.39 % | $ 55.3 B | USA |
 |
DMC Global
BOOM
|
-13.5 M | $ 5.33 | 1.72 % | $ 106 M | USA |
 |
BP PLC
BP
|
1.3 B | $ 50.21 | 3.68 % | $ 131 B |  Britain |
 |
Cenovus Energy
CVE
|
3.93 B | $ 32.94 | 3.02 % | $ 59.6 B |  Canada |
 |
Chevron Corporation
CVX
|
12.3 B | $ 224.99 | 2.55 % | $ 416 B | USA |
 |
NOW
DNOW
|
-89 | $ 15.68 | 4.36 % | $ 1.85 B | USA |
 |
Dawson Geophysical Company
DWSN
|
-1.94 M | $ 2.23 | 0.12 % | $ 69.2 M | USA |
 |
Equinor ASA
EQNR
|
5.06 B | $ 46.98 | 4.59 % | $ 122 B |  Norway |
 |
TechnipFMC plc
FTI
|
964 M | $ 69.67 | 2.11 % | $ 28.7 B | Britain |
 |
Flotek Industries
FTK
|
30.5 M | $ 24.06 | 0.61 % | $ 816 M | USA |
 |
Geospace Technologies Corporation
GEOS
|
-9.72 M | $ 4.41 | 0.76 % | $ 56.4 M | USA |
 |
Imperial Oil Limited
IMO
|
3.27 B | $ 133.92 | 3.34 % | $ 67.3 B | Canada |
 |
U.S. Silica Holdings
SLCA
|
147 M | - | -0.06 % | $ 1.19 B | USA |
 |
Adams Resources & Energy
AE
|
212 K | - | - | $ 96.3 M | USA |
 |
ChampionX Corporation
CHX
|
320 M | - | - | $ 4.92 B | USA |
 |
Superior Drilling Products
SDPI
|
7.44 M | - | - | $ 30 M | USA |
 |
Gulf Island Fabrication
GIFI
|
14.7 M | - | - | $ 186 M | USA |
 |
NexTier Oilfield Solutions
NEX
|
315 M | - | - | $ 2.58 B | USA |
 |
Exterran Corporation
EXTN
|
-113 M | - | - | $ 153 M | USA |
 |
Matrix Service Company
MTRX
|
-2.58 M | $ 10.02 | 0.64 % | $ 284 M | USA |
 |
National Energy Services Reunited Corp.
NESR
|
51.1 M | $ 18.73 | 0.05 % | $ 1.84 B | USA |
 |
National Fuel Gas Company
NFG
|
519 M | $ 79.92 | 1.96 % | $ 7.23 B | USA |
 |
Natural Gas Services Group
NGS
|
19.9 M | $ 31.1 | 0.45 % | $ 390 M | USA |
 |
Archrock
AROC
|
322 M | $ 29.56 | 1.06 % | $ 5.16 B | USA |
 |
NOV
NOV
|
145 M | $ 18.93 | 1.61 % | $ 7.04 B | USA |
 |
Profire Energy
PFIE
|
10.8 M | - | - | $ 120 M | USA |
 |
Petróleo Brasileiro S.A. - Petrobras
PBR
|
7.6 B | $ 26.0 | 2.77 % | $ 823 B |  Brasil |
 |
ProPetro Holding Corp.
PUMP
|
824 K | $ 7.73 | 0.06 % | $ 803 M | USA |
 |
Recon Technology, Ltd.
RCON
|
-29.7 M | $ 0.99 | 5.88 % | $ 110 K |  China |
 |
Ranger Energy Services
RNGR
|
12.3 M | $ 14.65 | 1.45 % | $ 328 M | USA |
 |
USA Compression Partners, LP
USAC
|
111 M | $ 25.17 | 1.74 % | $ 3.65 B | USA |
 |
Smart Sand
SND
|
1.34 M | $ 5.07 | 0.2 % | $ 198 M | USA |
 |
Eni S.p.A.
E
|
2.76 B | $ 59.1 | 2.89 % | $ 179 B |  Italia |
 |
Tenaris S.A.
TS
|
1.97 B | $ 59.39 | 3.74 % | $ 62.7 B |  Luxembourg |
 |
Ecopetrol S.A.
EC
|
18.5 T | $ 17.9 | 1.13 % | $ 36.6 B |  Colombia |
 |
TETRA Technologies
TTI
|
3 M | $ 5.32 | 0.19 % | $ 709 M | USA |
 |
Mammoth Energy Services
TUSK
|
4.6 M | $ 2.71 | 0.15 % | $ 131 M | USA |
 |
Cactus
WHD
|
166 M | $ 61.71 | 0.85 % | $ 4.95 B | USA |
 |
Select Energy Services
WTTR
|
21.2 M | $ 18.58 | 2.09 % | $ 2.57 B | USA |
 |
Exxon Mobil Corporation
XOM
|
28.8 B | $ 178.98 | 2.46 % | $ 771 B | USA |
 |
YPF Sociedad Anónima
YPF
|
-808 M | $ 52.1 | 1.94 % | $ 20.4 B |  Argentina |
 |
Liberty Oilfield Services
LBRT
|
148 M | $ 16.6 | 0.24 % | $ 2.69 B | USA |
 |
RPC
RES
|
32.1 M | $ 6.05 | 2.2 % | $ 1.28 B | USA |
 |
Oceaneering International
OII
|
354 M | $ 43.79 | 1.72 % | $ 4.39 B | USA |
 |
Forum Energy Technologies
FET
|
-9.66 M | $ 78.7 | 2.06 % | $ 935 M | USA |
 |
Oil States International
OIS
|
-109 M | $ 8.12 | 2.27 % | $ 477 M | USA |
 |
NCS Multistage Holdings
NCSM
|
23.7 M | $ 53.35 | 3.31 % | $ 138 M | USA |
 |
Schlumberger Limited
SLB
|
3.37 B | $ 49.5 | 2.34 % | $ 70.3 B |  France |
 |
Sasol Limited
SSL
|
7.73 B | $ 16.34 | 2.64 % | $ 10.4 B |  South-africa |