
Canacol Energy Ltd
TSX:CNE

Gross Margin
Canacol Energy Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | Company | Market Cap |
Gross Margin |
||
---|---|---|---|---|---|
CA |
![]() |
Canacol Energy Ltd
TSX:CNE
|
59.4m CAD |
92%
|
|
US |
![]() |
Conocophillips
NYSE:COP
|
120.6B USD |
48%
|
|
CN |
C
|
CNOOC Ltd
SSE:600938
|
708.5B CNY |
49%
|
|
US |
![]() |
EOG Resources Inc
NYSE:EOG
|
65.4B USD |
61%
|
|
CA |
![]() |
Canadian Natural Resources Ltd
TSX:CNQ
|
86.1B CAD |
50%
|
|
US |
![]() |
Hess Corp
NYSE:HES
|
46.1B USD |
78%
|
|
US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
51%
|
|
US |
![]() |
Diamondback Energy Inc
NASDAQ:FANG
|
40.7B USD |
71%
|
|
AU |
![]() |
Woodside Energy Group Ltd
ASX:WDS
|
50.8B AUD |
43%
|
|
US |
![]() |
EQT Corp
NYSE:EQT
|
30.8B USD |
73%
|
|
US |
C
|
Continental Resources Inc
F:C5L
|
25.8B EUR |
92%
|
Canacol Energy Ltd
Glance View
Canacol Energy Ltd. engages in the exploration and development of petroleum and natural gas. The company is headquartered in Calgary, Alberta and currently employs 406 full-time employees. The firm is primarily engaged in natural gas exploration and development activities in Colombia. Its production primarily consists of natural gas from the Nelson, Palmer and Nispero fields in the Esperanza block, the Clarinete and Pandereta fields in the VIM-5 block and the Toronja, Arandala and Breva fields in the VIM-21 block, located in the Lower Magdalena Basin in Colombia. The Company’s production also includes crude oil from its Rancho Hermoso property in Colombia (Colombia oil). The firm either sells its natural gas at its Jobo gas plant gate or delivers its natural gas to the off-takers’ locations.

See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Canacol Energy Ltd's most recent financial statements, the company has Gross Margin of 92.2%.