Eco Atlantic Oil & Gas Ltd
XTSX:EOG
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 |
|
Eco Atlantic Oil & Gas Ltd
XTSX:EOG
|
208.1m CAD |
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|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
933.4B CNY |
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|
|
| US |
|
Conocophillips
NYSE:COP
|
132.5B USD |
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|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
111.3B CAD |
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|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
61.8B 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
|
47.4B 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
|
35.4B USD |
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|
|
| AU |
|
Woodside Energy Group Ltd
ASX:WDS
|
49.2B AUD |
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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
Eco Atlantic Oil & Gas Ltd
Glance View
Eco Atlantic Oil & Gas Ltd. engages in the exploration and development of petroleum, natural gas, shale gas, and coal bed methane licenses. The company is headquartered in Toronto, Ontario. The company went IPO on 2007-11-06. Its primary business is to identify, acquire, explore, and develop petroleum, natural gas, and shale gas properties. The firm operates through two segments: Oil and gas exploration and Renewable energy - solar projects. The firm primarily operates in the Co-Operative Republic of Guyana (Guyana), the Republic of Namibia (Namibia) and South Africa. In Guyana, the Orinduik block is situated in shallow to deep water (70m-1,400m), approximately 170 kilometers offshore Guyana in the Suriname Guyana basin (Orinduik License) and is located approximately 11 kilometer up-dip from ExxonMobil’s Liza discovery and 6 kilometer up-dip from Hammerhead discovery. In Namibia, the Company holds four offshore Petroleum exploration licenses (PEL): PEL number 0030 (the Cooper License), petroleum exploration license number 0033 (the Sharon License), petroleum exploration license number 0034 (the Guy License).
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Eco Atlantic Oil & Gas Ltd is -532.3%, which is below its 3-year median of 2 923.4%.
Over the last 3 years, Eco Atlantic Oil & Gas Ltd’s Gross Margin has decreased from 7 237% to -532.3%. During this period, it reached a low of -37 400% on Mar 31, 2024 and a high of 29 563.6% on Sep 30, 2023.
