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Chesapeake Granite Wash Trust (Chesapeake Granite Wash Trust) Pretax Margin % : 61.77% (As of Mar. 2024)


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What is Chesapeake Granite Wash Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Chesapeake Granite Wash Trust's Pre-Tax Income for the three months ended in Mar. 2024 was $1.17 Mil. Chesapeake Granite Wash Trust's Revenue for the three months ended in Mar. 2024 was $1.89 Mil. Therefore, Chesapeake Granite Wash Trust's pretax margin for the quarter that ended in Mar. 2024 was 61.77%.

The historical rank and industry rank for Chesapeake Granite Wash Trust's Pretax Margin % or its related term are showing as below:

CHKR' s Pretax Margin % Range Over the Past 10 Years
Min: 65.92   Med: 82.82   Max: 146.56
Current: 65.92


CHKR's Pretax Margin % is ranked better than
95.6% of 978 companies
in the Oil & Gas industry
Industry Median: 5.875 vs CHKR: 65.92

Chesapeake Granite Wash Trust Pretax Margin % Historical Data

The historical data trend for Chesapeake Granite Wash Trust's Pretax 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.

* Premium members only.

Chesapeake Granite Wash Trust Pretax Margin % Chart

Chesapeake Granite Wash Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.80 68.65 75.20 81.98 75.26

Chesapeake Granite Wash Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 89.12 78.01 44.30 72.76 61.77

Competitive Comparison of Chesapeake Granite Wash Trust's Pretax Margin %

For the Oil & Gas E&P subindustry, Chesapeake Granite Wash Trust's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Chesapeake Granite Wash Trust's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Chesapeake Granite Wash Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Chesapeake Granite Wash Trust's Pretax Margin % falls into.



Chesapeake Granite Wash Trust Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Chesapeake Granite Wash Trust's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=8.048/10.693
=75.26 %

Chesapeake Granite Wash Trust's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1.17/1.894
=61.77 %

* 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.


Chesapeake Granite Wash Trust  (OTCPK:CHKR) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Chesapeake Granite Wash Trust Pretax Margin % Related Terms

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Chesapeake Granite Wash Trust (Chesapeake Granite Wash Trust) Business Description

Traded in Other Exchanges
N/A
Address
601 Travis Street, Floor 16, Houston, TX, USA, 77002
Chesapeake Granite Wash Trust is a statutory trust which is formed to own the royalty interests for the benefit of trust unitholders. The Royalty Interests are derived from Chesapeake Energy Corporation's interests in specified oil and natural gas properties located in the Colony Granite Wash play in Washita County in the Anadarko Basin of western Oklahoma. The trust also has an interest in producing Wells and the development Wells. Majority revenue of the company comes from oil, natural gas and NGL.
Executives
Chesapeake Energy Corp 10 percent owner 6100 NORTH WESTERN AVE, OKLAHOMA CITY OK 73118
Chesapeake Exploration Llc 10 percent owner 6100 N. WESTERN AVENUE, PO BOX 18496, OKC OK 73154-0496