Cathedral Energy Services Ltd
TSX:CET
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 |
||
|---|---|---|---|---|---|
| CA |
|
Cathedral Energy Services Ltd
TSX:CET
|
219.4m CAD |
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|
|
| CN |
|
China Oilfield Services Ltd
SSE:601808
|
80.5B CNY |
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|
|
| US |
|
Noble Corp (Cayman Island)
NYSE:NE
|
7.3B USD |
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|
|
| CH |
|
Transocean Ltd
NYSE:RIG
|
6.9B USD |
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|
|
| BM |
|
Valaris Ltd
NYSE:VAL
|
6.4B USD |
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|
|
| SA |
A
|
ADES Holding Company SJSC
SAU:2382
|
21.8B SAR |
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|
|
| US |
|
Noble Corporation PLC
CSE:NOBLE
|
31.4B DKK |
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|
|
| US |
|
Helmerich and Payne Inc
NYSE:HP
|
3.5B USD |
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|
|
| US |
|
Patterson-UTI Energy Inc
NASDAQ:PTEN
|
3.3B USD |
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|
|
| SA |
A
|
Arabian Drilling Co
SAU:2381
|
10.8B SAR |
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|
|
| BM |
|
Seadrill Ltd
NYSE:SDRL
|
2.7B USD |
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|
Market Distribution
| Min | -10 058.3% |
| 30th Percentile | 20.4% |
| Median | 33.6% |
| 70th Percentile | 50.5% |
| Max | 717.4% |
Other Profitability Ratios
Cathedral Energy Services Ltd
Glance View
Cathedral Energy Services Ltd. engages in the provision of directional drilling services to oil and natural gas companies. The company is headquartered in Calgary, Alberta and currently employs 155 full-time employees. The company went IPO on 2000-01-01. The firm is engaged in the business of providing directional drilling services to oil and natural gas companies in western Canada and the United States. The firm provides horizontal and directional drilling services. These services are provided in conjunction with the use of drilling rigs provided by drilling contractors who deal independently with Company's customers. Its Measurement-While-Drilling (MWD) systems are installed in the drill string as part of the bottom hole assembly (BHA) to provide measurements of trajectory parameters, such as inclination, direction, tool-face and temperature. Its MWD fleet consists of technologies, such as RapidFire, FUSION, FUSION EM (Electro Magnetic), FUSION RP (Rotary Pulse), FUSION DT (Dual Telemetry), FUSION LP (Linear Pulse) and FUSION EMc2 Downhole Generator, among others. Its Canadian operations facilities are located in Calgary, Alberta and Nisku, Alberta.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Cathedral Energy Services Ltd is 20.1%, which is above its 3-year median of 18.2%.
Over the last 3 years, Cathedral Energy Services Ltd’s Gross Margin has increased from -27% to 20.1%. During this period, it reached a low of -28.5% on Jun 30, 2021 and a high of 22.2% on Dec 31, 2022.
