Tethys Petroleum Ltd
XTSX:TPL
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 |
||
|---|---|---|---|---|---|
| GG |
|
Tethys Petroleum Ltd
XTSX:TPL
|
171.4m CAD |
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|
|
| US |
|
Conocophillips
NYSE:COP
|
137.8B USD |
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|
|
| CN |
C
|
CNOOC Ltd
SSE:600938
|
940.2B CNY |
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|
|
| CA |
|
Canadian Natural Resources Ltd
TSX:CNQ
|
115.1B CAD |
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|
|
| US |
|
EOG Resources Inc
NYSE:EOG
|
65.4B 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
|
48.5B 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
|
36.5B USD |
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|
|
| AU |
|
Woodside Energy Group Ltd
ASX:WDS
|
48.9B AUD |
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|
Market Distribution
| Min | -1 561.4% |
| 30th Percentile | 0.5% |
| Median | 0.7% |
| 70th Percentile | 1% |
| Max | 69.4% |
Other Profitability Ratios
Tethys Petroleum Ltd
Glance View
Tethys Petroleum Ltd. engages in the exploration, development, and production of oil and natural gas resources. The company operates through its wholly owned subsidiaries, TethysAralGas LLP and Kul-Bas LLP, over four contracts in the North Ustyurt basin to the west of the Aral Sea adjacent to the prolific Pre-Caspian basin. The company has an interest in the Kyzyloi production contract, Akkulka exploration license and contract, Akkulka production contract and Kul-Bas exploration and production contract. The Kul-Bas exploration and production contract area surrounds the Akkulka block, which has an exploration area of approximately 7,632 square kilometers. The Kyzyloi and Akkulka gas development fields are tied into the Bukhara-Urals gas pipeline by an over 56-kilometer pipeline owned and built by the Company. The Doris oil field provides over two oil-bearing zones, the lower zone being an Upper Jurassic carbonate sequence at approximately 2,355 meters and an upper, lower cretaceous sandstone zone at over 2,174 meters.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Tethys Petroleum Ltd is 66.5%, which is below its 3-year median of 75.8%.
Over the last 3 years, Tethys Petroleum Ltd’s Gross Margin has decreased from 88.1% to 66.5%. During this period, it reached a low of 59.5% on Dec 31, 2024 and a high of 89.3% on Dec 31, 2022.
