Crescent Point Energy Corp
TSX:CPG
Gross Margin
Crescent Point Energy Corp
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 |
|
Crescent Point Energy Corp
TSX:CPG
|
6.8B CAD |
74%
|
|
| US |
|
Conocophillips
NYSE:COP
|
119.5B USD |
48%
|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
730.1B CNY |
49%
|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
96.5B CAD |
50%
|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
69.1B USD |
61%
|
|
| US |
P
|
Pioneer Natural Resources Co
LSE:0KIX
|
46B USD |
51%
|
|
| US |
|
Hess Corp
NYSE:HES
|
44.7B USD |
78%
|
|
| US |
V
|
Venture Global Inc
NYSE:VG
|
44.2B USD |
67%
|
|
| US |
|
Diamondback Energy Inc
NASDAQ:FANG
|
42.8B USD |
71%
|
|
| US |
|
EQT Corp
NYSE:EQT
|
36.2B USD |
62%
|
|
| AU |
|
Woodside Energy Group Ltd
ASX:WDS
|
49.1B AUD |
43%
|
Crescent Point Energy Corp
Glance View
Crescent Point Energy Corp., founded in 2001 and headquartered in Calgary, Alberta, is a Canadian oil and gas company with a knack for strategic expansion and resource optimization within the energy sector. The company's business model focuses on the development and production of oil and natural gas in resource-rich basins, primarily across Western Canada and the United States. Crescent Point’s operations are heavily inclined towards light and medium crude oil, holding a well-established presence in the prolific Williston Basin, the Uinta Basin, and the Shaunavon resource play. By using advanced technologies and techniques in horizontal drilling and multi-stage hydraulic fracturing, Crescent Point enhances its resource recovery, thus maintaining a steady production trajectory that feeds into profitable outputs. The company generates revenue by extracting and selling crude oil, natural gas, and natural gas liquids to various markets. It leverages its diversified portfolio of high-quality assets to mitigate risks associated with volatile commodity prices. This strategic diversification across geographical locations and resource types allows the company to capitalize on operational efficiencies and optimization of production costs. Crescent Point’s financial performance is closely tied to its ability to efficiently manage its capital expenditures and sustainability initiatives while navigating the challenges and opportunities presented by fluctuating oil prices. By focusing on responsible resource development and shareholder returns, Crescent Point continues to align itself with long-term value creation while adhering to environmental, social, and governance standards.
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 Crescent Point Energy Corp's most recent financial statements, the company has Gross Margin of 73.7%.
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