Great Eastern Energy Corporation Ltd
LSE:GEEC
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.
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.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| IN |
|
Great Eastern Energy Corporation Ltd
LSE:GEEC
|
4.2m GBP |
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|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
1.1T CNY |
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|
|
| US |
|
Conocophillips
NYSE:COP
|
149.3B USD |
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|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
138.4B CAD |
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|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
71.8B USD |
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|
|
| PK |
O
|
Oil and Gas Development Co Ltd
LSE:37OC
|
59.6B USD |
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|
|
| US |
|
Diamondback Energy Inc
NASDAQ:FANG
|
51.9B USD |
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|
|
| US |
|
Hess Corp
NYSE:HES
|
46.1B USD |
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|
|
| US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
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|
|
| AU |
|
Woodside Energy Group Ltd
ASX:WDS
|
60.1B AUD |
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|
|
| US |
|
EQT Corp
NYSE:EQT
|
40.2B USD |
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|
Market Distribution
| Min | -3 052.3% |
| 30th Percentile | 26.9% |
| Median | 39% |
| 70th Percentile | 53.3% |
| Max | 8 269.1% |
Other Profitability Ratios
Great Eastern Energy Corporation Ltd
Glance View
Great Eastern Energy Corp. Ltd. engages in the exploration, production, development, and marketing of coal bed methane gas. The company is headquartered in Gurgaon, Haryana. The company went IPO on 2005-12-13. The firm is engaged in providing gas to the industrial region of West Bengal. The firm is involved in the extraction and sale of coal bed methane (CBM)/compressed natural gas (CNG) gas in India. The firm produces gas from the Raniganj (South) license area, which covers approximately 210 square kilometers, 9.25 trillion cubic feet (TCF) of Original-Gas-in-Place. The firm's second asset is the Mannargudi license, which is situated in the state of Tamil Nadu in India. The Mannargudi license covers an area of approximately 667 square kilometers and over 0.98 TCF of Gas-in-Place. The firm holds franchisee agreements with Indian Oil Corporation Limited and Bharat Petroleum Corporation Limited for the supply of CNG. The company petroleum exploration license (PEL) with Tamil Nadu is located in the southern region of India.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Great Eastern Energy Corporation Ltd is 75.4%, which is in line with its 3-year median of 75.4%.
Over the last 3 years, Great Eastern Energy Corporation Ltd’s Gross Margin has decreased from 82.3% to 75.4%. During this period, it reached a low of 75.4% on May 1, 2023 and a high of 86.2% on Sep 30, 2020.