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Otto Energy Ltd
ASX:OEL

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Otto Energy Ltd
ASX:OEL
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Price: 0.006 AUD 9.09%
Market Cap: AU$28.8m

Gross Margin

54.2%
Current
Declining
by 2.1%
vs 3-y average of 56.2%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
54.2%
=
Gross Profit
$8.1m
/
Revenue
$15m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
54.2%
=
Gross Profit
AU$8.1m
/
Revenue
$15m

Peer Comparison

Country Company Market Cap Gross
Margin
AU
Otto Energy Ltd
ASX:OEL
28.8m AUD
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CN
CNOOC Ltd
SSE:600938
1.1T CNY
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US
Conocophillips
NYSE:COP
155.5B USD
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CA
Canadian Natural Resources Ltd
TSX:CNQ
140.3B CAD
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US
EOG Resources Inc
NYSE:EOG
74.6B USD
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PK
Oil and Gas Development Co Ltd
LSE:37OC
59.6B USD
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US
Diamondback Energy Inc
NASDAQ:FANG
54.8B USD
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US
Hess Corp
NYSE:HES
46.1B USD
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US
Pioneer Natural Resources Co
LSE:0KIX
46B USD
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AU
Woodside Energy Group Ltd
ASX:WDS
64.7B AUD
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US
EQT Corp
NYSE:EQT
40.4B USD
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Market Distribution

In line with most companies in Australia
Percentile
67th
Based on 2 544 companies
67th percentile
54.2%
Low
-6 907 100% — 21.6%
Typical Range
21.6% — 58.2%
High
58.2% — 2 095.9%
Distribution Statistics
Australia
Min -6 907 100%
30th Percentile 21.6%
Median 38.3%
70th Percentile 58.2%
Max 2 095.9%

Otto Energy Ltd
Glance View

Market Cap
28.8m AUD
Industry
Energy

Otto Energy Ltd. engages in the exploration, development, production, and sale of oil and gas. The company is headquartered in Adelaide, South Australia. The company went IPO on 2004-12-22. The Company’s project includes South Marsh Island 71 (SM 71), Lightning Field and Green Canyon 21 (GC 21). Its South Marsh Island Block 71 (SM 71) project is located on the Gulf of Mexico shelf, Louisiana, which covers an area of approximately 12.16 square kilometer (km2). Its Lightning Field project gas/condensate field is located in onshore Matagorda County, Texas, which comprises of Green #1 well and Green #2 well. Its Green Canyon 21 (GC 21) lease is located in the Gulf of Mexico. The Company’s subsidiaries include Otto Energy (Tanzania) Pty Limited, Otto Energy Investments Limited, Borealis Alaska LLC, Otto Energy (USA) Inc, Otto Energy (Louisiana) LLC, GPC Investments SA and Borealis Petroleum Pty Ltd.

OEL Intrinsic Value
0.017 AUD
Undervaluation 65%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
54.2%
=
Gross Profit
$8.1m
/
Revenue
$15m
What is Otto Energy Ltd's current Gross Margin?

The current Gross Margin for Otto Energy Ltd is 54.2%, which is below its 3-year median of 56.2%.

How has Gross Margin changed over time?

Over the last 3 years, Otto Energy Ltd’s Gross Margin has decreased from 75.5% to 54.2%. During this period, it reached a low of 49.3% on Dec 31, 2023 and a high of 75.5% on Dec 31, 2022.

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