Altex Industries Inc
OTC:ALTX
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 |
||
|---|---|---|---|---|---|
| US |
|
Altex Industries Inc
OTC:ALTX
|
3.1m USD |
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|
| US |
|
Conocophillips
NYSE:COP
|
137.8B USD |
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|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
940.2B CNY |
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|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
115.1B CAD |
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|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
65.4B 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
|
48.5B 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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|
|
| US |
|
EQT Corp
NYSE:EQT
|
36.5B USD |
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|
|
| AU |
|
Woodside Energy Group Ltd
ASX:WDS
|
48.9B AUD |
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Market Distribution
| Min | -24 813% |
| 30th Percentile | 28.9% |
| Median | 43% |
| 70th Percentile | 60.5% |
| Max | 10 905 714.3% |
Other Profitability Ratios
Altex Industries Inc
Glance View
Altex Industries, Inc. is a holding company, which, through its subsidiary, owns interests, including working interests, in productive onshore oil and gas properties. The company is headquartered in Denver, Colorado. The Company, through its operating subsidiary, Altex Oil Corporation (AOC), owns interests in onshore oil and gas properties, has bought and sold producing oil and gas properties. The firm has also participated in the drilling of exploratory and development wells and in recompletions of existing wells. All of AOC's interests are in properties operated by other companies. The operators of producing properties in which AOC has an interest sell produced oil and gas to refiners, pipeline operators and processing plants. The firm's estimated reserves are approximately 1,100 barrels of proved, developed oil reserves in the Glo Field in Campbell County, Wyoming.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Altex Industries Inc is 85.7%, which is below its 3-year median of 87.2%.
Over the last 3 years, Altex Industries Inc’s Gross Margin has decreased from 91.5% to 85.7%. During this period, it reached a low of 83.3% on Mar 31, 2024 and a high of 93.3% on Mar 31, 2023.
