Petrolia Energy Corp
OTC:BBLS
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 |
|
Petrolia Energy Corp
OTC:BBLS
|
19.9k USD |
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|
|
| UK |
|
Shell PLC
LSE:SHEL
|
164.1B GBP |
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|
|
| US |
|
Conocophillips
NYSE:COP
|
138B USD |
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|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
940.2B CNY |
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|
|
| JP |
|
Mitsui & Co Ltd
TSE:8031
|
16.4T JPY |
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|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
114.1B CAD |
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|
|
| NO |
|
Equinor ASA
OSE:EQNR
|
669.5B NOK |
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|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
65.6B USD |
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|
|
| CA |
|
Imperial Oil Ltd
TSX:IMO
|
80.5B CAD |
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|
|
| US |
|
ONEOK Inc
NYSE:OKE
|
54.2B USD |
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|
|
| US |
|
Diamondback Energy Inc
NASDAQ:FANG
|
48.7B USD |
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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
Petrolia Energy Corp
Glance View
Petrolia Energy Corp. engages in the exploration and development of oil and gas properties. The company is headquartered in Houston, Texas. The company went IPO on 2008-01-14. The firm is engaged in the exploration and development of oil and gas properties. The firm's United States properties include Twin Lakes San Andres Unit (TLSAU) Field, Slick Unit Dutcher Sands (SUDS) Field and Minerva-Rockdale Field. TLSAU is located approximately 45 miles from Roswell, Chaves County, New Mexico and consists of approximately 3,864 acres with 58 wells. SUDS consists of approximately 2,604 acres located in Creek County, Oklahoma. Minerva-Rockdale Field is located approximately 30 miles Northeast of Austin, Texas. The firm owns working interest in approximately 41,526 acres located in the Luseland, Hearts Hill, and Cuthbert fields, located in Southwest Saskatchewan and Eastern Alberta, Canada. The company also owns working interest in approximately 28,000 acres located in the Utikuma Lake area in Alberta, Canada. Askarii Resources, LLC and Petrolia Canada Corporation are its subsidiaries.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Petrolia Energy Corp is -10.3%, which is above its 3-year median of -11.5%.
Over the last 3 years, Petrolia Energy Corp’s Gross Margin has increased from -34.6% to -10.3%. During this period, it reached a low of -34.6% on Aug 30, 2020 and a high of 9.3% on Dec 31, 2021.
