The historical rank and industry rank for United Oil & Gas's Gross Margin % or its related term are showing as below:
LSE:UOG'
s Gross Margin % Range Over the Past 10 Years
Min: 28.15 Med: 57.9 Max: 61.24
Current: 47.38
During the past 8 years, the highestGross Margin % of United Oil & Gas was 61.24%. The lowest was 28.15%. And the median was 57.90%.
LSE:UOG's Gross Margin % is ranked better than 73.09% of 929
companies
in the Oil & Gas industry
Industry Median: 28
vs LSE:UOG: 47.38
United Oil & Gas had a gross margin of 45.05% for the quarter that ended in Jun. 2023 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for United Oil & Gas was 0.00% per year.
United Oil & Gas Gross Margin % Historical Data
The historical data trend for United Oil & Gas's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of United Oil & Gas's Gross Margin %
For the Oil & Gas E&P subindustry, United Oil & Gas's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
United Oil & Gas's Gross Margin % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, United Oil & Gas's Gross Margin % distribution charts can be found below:
* The bar in red indicates where United Oil & Gas's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
United Oil & Gas (LSE:UOG) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
United Oil & Gas had a gross margin of 45.05% for the quarter that ended in Jun. 2023 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
United Oil & Gas Gross Margin % Related Terms
Thank you for viewing the detailed overview of United Oil & Gas's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
United Oil & Gas PLC is engaged in the production and development exploration for crude oil petroleum and natural gas. The group operates in three geographic areas - the UK, Europe, Latin America, and Egypt. The Egypt segment generates the maximum revenue for the company.
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