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EXCEL - IDEA: XBRL DOCUMENT - Texas Gulf Energy IncFinancial_Report.xls
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EX-32.2 - EXHIBIT 32.2 - Texas Gulf Energy Incv308713_ex32-2.htm
EX-31.1 - EXHIBIT 31.1 - Texas Gulf Energy Incv308713_ex31-1.htm
EX-32.1 - EXHIBIT 32.1 - Texas Gulf Energy Incv308713_ex32-1.htm
EX-31.2 - EXHIBIT 31.2 - Texas Gulf Energy Incv308713_ex31-2.htm
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EX-21 - EXHIBIT 21 - Texas Gulf Energy Incv308713_ex21.htm
10-K - FORM 10-K - Texas Gulf Energy Incv308713_10k.htm
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v2.4.0.6
Consolidated Statements of Operations (USD $)
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Revenues $ 30,884,305 $ 23,981,553
Cost of revenues 25,413,044 22,493,029
Gross profit 5,471,261 1,488,524
General and administrative expenses 3,764,205 5,105,241
Income (loss) from operations 1,707,056 (3,616,717)
Other income (expense)    
Interest expense, net (10,883) (2,540)
Other income 45,162  
Total other income (expense) 34,279 (2,540)
Income (loss) before taxes 1,741,335 (3,619,257)
Income tax (expense) benefit (663,941) 1,009,513
Net income (loss) $ 1,077,394 $ (2,609,744)
Net income (loss) for common share    
Income (loss) per share - basic $ 0.04 $ (0.09)
Income (loss) per share - diluted $ 0.01 $ (0.09)
Weighted average common shares outstanding    
Basic 29,438,877 29,411,765
Diluted 122,380,053 29,411,765